PFDE vs. PFOE

Last updated Jul 12, 2026

PFDE (Pathfinder Disciplined U.S. Equity ETF) and PFOE (Pathfinder Focused Opportunities ETF) are both exchange-traded funds - PFDE is a Large Cap Blend Equities fund actively managed by Pathfinder, while PFOE is a Large Cap Growth Equities fund actively managed by Pathfinder. Both are actively managed. A 0.70 correlation means they provide meaningful diversification when combined. Both charge a 0.59% expense ratio.

Performance

PFDE vs. PFOE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pathfinder Disciplined U.S. Equity ETF (PFDE) and Pathfinder Focused Opportunities ETF (PFOE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PFDE achieves a 13.09% return, which is significantly higher than PFOE's -6.97% return.

PFDE

• 1D: 0.56%
• 1M: 2.90%
• 6M: 11.47%
• YTD: 13.09%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

PFOE

• 1D: 0.20%
• 1M: 1.00%
• 6M: -11.50%
• YTD: -6.97%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

PFDE vs. PFOE - Yearly Performance Comparison

	2026 (YTD)	2025
PFDE Pathfinder Disciplined U.S. Equity ETF	13.09%	-0.91%
PFOE Pathfinder Focused Opportunities ETF	-6.97%	-1.29%

Correlation

The correlation between PFDE and PFOE is 0.70, 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 Dec 31, 2025	0.70

Return for Risk

PFDE vs. PFOE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pathfinder Disciplined U.S. Equity ETF (PFDE) and Pathfinder Focused Opportunities ETF (PFOE). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

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

Drawdowns

PFDE vs. PFOE - Drawdown Comparison

The maximum PFDE drawdown since its inception was -10.37%, smaller than the maximum PFOE drawdown of -18.19%. Use the drawdown chart below to compare losses from any high point for PFDE and PFOE.

Drawdown Indicators

	PFDE	PFOE	Difference
Max Drawdown Largest peak-to-trough decline	-10.37%	-18.19%	+7.82%
Current Drawdown Current decline from peak	-0.39%	-11.89%	+11.50%
Average Drawdown Average peak-to-trough decline	-2.07%	-9.69%	+7.62%

Volatility

Volatility by Period

	PFDE	PFOE	Difference
Volatility (1Y) Calculated over the trailing 1-year period	16.41%	18.75%	-2.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.41%	18.75%	-2.34%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.41%	18.75%	-2.34%

PFDE vs. PFOE - Expense Ratio Comparison

Both PFDE and PFOE have an expense ratio of 0.59%.

Dividends

PFDE vs. PFOE - Dividend Comparison

PFDE's dividend yield for the trailing twelve months is around 0.18%, less than PFOE's 0.22% yield.

Position	TTM
PFDE Pathfinder Disciplined U.S. Equity ETF	0.18%
PFOE Pathfinder Focused Opportunities ETF	0.22%

Frequently Asked Questions

Can I hold both PFDE and PFOE in my portfolio?

PFDE and PFOE have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, PFDE or PFOE?

Both ETFs have the same 0.59% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, PFDE or PFOE?

PFDE and PFOE have the same expense ratio: 0.59% per year.

Which ETF pays a higher dividend yield, PFDE or PFOE?

PFOE has the higher dividend yield at 0.22%, compared with 0.18% for PFDE.

What is the main difference between PFDE and PFOE?

PFDE is categorized as Large Cap Blend Equities, while PFOE is Large Cap Growth Equities.