ESLG vs. PFM

Last updated Jun 5, 2026

ESLG (Eventide Large Cap Growth ETF) and PFM (Invesco Dividend Achievers™ ETF) are both Large Cap Growth Equities funds. ESLG is actively managed, while PFM is passively managed. A 0.69 correlation means they provide meaningful diversification when combined. ESLG charges 0.39%/yr vs 0.53%/yr for PFM.

Performance

ESLG vs. PFM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Eventide Large Cap Growth ETF (ESLG) and Invesco Dividend Achievers™ ETF (PFM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ESLG achieves a 12.94% return, which is significantly higher than PFM's 8.52% return.

ESLG

• 1D: -0.42%
• 1M: 7.79%
• YTD: 12.94%
• 6M: 12.12%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

PFM

• 1D: 0.32%
• 1M: 2.96%
• YTD: 8.52%
• 6M: 8.38%
• 1Y: 20.19%
• 3Y*: 16.54%
• 5Y*: 10.71%
• 10Y*: 11.82%

*Multi-year figures are annualized to reflect compound growth (CAGR)

ESLG vs. PFM - Yearly Performance Comparison

	2026 (YTD)	2025
ESLG Eventide Large Cap Growth ETF	12.94%	-0.48%
PFM Invesco Dividend Achievers™ ETF	8.52%	1.87%

Correlation

The correlation between ESLG and PFM is 0.69, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 1, 2025	0.69

Return for Risk

ESLG vs. PFM — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PFM

PFM Risk / Return Rank: 65
PFM Sharpe Ratio Rank: 66
PFM Sortino Ratio Rank: 70
PFM Omega Ratio Rank: 66
PFM Calmar Ratio Rank: 58
PFM Martin Ratio Rank: 65

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ESLG vs. PFM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Eventide Large Cap Growth ETF (ESLG) and Invesco Dividend Achievers™ ETF (PFM). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	ESLG	PFM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.14	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.79	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.78	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.20	0.53	+0.68

Drawdowns

ESLG vs. PFM - Drawdown Comparison

The maximum ESLG drawdown since its inception was -12.36%, smaller than the maximum PFM drawdown of -53.21%. Use the drawdown chart below to compare losses from any high point for ESLG and PFM.

Drawdown Indicators

	ESLG	PFM	Difference
Max Drawdown Largest peak-to-trough decline	-12.36%	-53.21%	+40.85%
Max Drawdown (1Y) Largest decline over 1 year	—	-7.09%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-14.50%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-17.81%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-32.22%	—
Current Drawdown Current decline from peak	-1.07%	0.00%	-1.07%
Average Drawdown Average peak-to-trough decline	-3.39%	-6.94%	+3.55%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.75%	—

Volatility

Volatility by Period

	ESLG	PFM	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.95%	—
Volatility (6M) Calculated over the trailing 6-month period	—	7.13%	—
Volatility (1Y) Calculated over the trailing 1-year period	15.78%	9.46%	+6.32%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.78%	13.54%	+2.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.78%	15.20%	+0.58%

ESLG vs. PFM - Expense Ratio Comparison

ESLG has a 0.39% expense ratio, which is lower than PFM's 0.53% expense ratio.

Dividends

ESLG vs. PFM - Dividend Comparison

ESLG's dividend yield for the trailing twelve months is around 0.15%, less than PFM's 1.33% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ESLG Eventide Large Cap Growth ETF	0.15%	0.04%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
PFM Invesco Dividend Achievers™ ETF	1.33%	1.41%	1.58%	1.86%	1.95%	1.69%	1.92%	1.94%	2.27%	1.70%	2.56%	2.36%

Frequently Asked Questions

Can I hold both ESLG and PFM in my portfolio?

ESLG and PFM have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ESLG or PFM?

On fees, ESLG is cheaper at 0.39% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ESLG or PFM?

ESLG is cheaper with a 0.39% expense ratio, compared with 0.53% for PFM.

Which ETF pays a higher dividend yield, ESLG or PFM?

PFM has the higher dividend yield at 1.33%, compared with 0.15% for ESLG.

What is the main difference between ESLG and PFM?

They also come from different issuers: Eventide and Invesco. Their fees differ too: 0.39% for ESLG and 0.53% for PFM.