PFM vs. DDM
Compare and contrast key facts about Invesco Dividend Achievers™ ETF (PFM) and ProShares Ultra Dow30 (DDM).
PFM and DDM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PFM is a passively managed fund by Invesco that tracks the performance of the NASDAQ US Broad Dividend Achievers Index. It was launched on Sep 15, 2005. DDM is a passively managed fund by ProShares that tracks the performance of the Dow Jones Industrial Average Index (200%). It was launched on Jun 21, 2006. Both PFM and DDM are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
PFM vs. DDM - Performance Comparison
Loading graphics...
PFM vs. DDM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PFM Invesco Dividend Achievers™ ETF | -0.42% | 14.00% | 16.87% | 11.40% | -6.22% | 23.08% | 9.53% | 26.88% | -4.58% | 17.65% |
DDM ProShares Ultra Dow30 | -8.18% | 20.59% | 21.60% | 24.34% | -19.48% | 41.97% | 2.14% | 47.98% | -13.46% | 59.56% |
Returns By Period
In the year-to-date period, PFM achieves a -0.42% return, which is significantly higher than DDM's -8.18% return. Over the past 10 years, PFM has underperformed DDM with an annualized return of 11.05%, while DDM has yielded a comparatively higher 17.52% annualized return.
PFM
- 1D
- 1.94%
- 1M
- -4.89%
- YTD
- -0.42%
- 6M
- 1.44%
- 1Y
- 13.27%
- 3Y*
- 13.63%
- 5Y*
- 9.94%
- 10Y*
- 11.05%
DDM
- 1D
- 4.92%
- 1M
- -10.82%
- YTD
- -8.18%
- 6M
- -2.44%
- 1Y
- 15.02%
- 3Y*
- 18.83%
- 5Y*
- 10.21%
- 10Y*
- 17.52%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
PFM vs. DDM - Expense Ratio Comparison
PFM has a 0.53% expense ratio, which is lower than DDM's 0.95% expense ratio.
Return for Risk
PFM vs. DDM — Risk / Return Rank
PFM
DDM
PFM vs. DDM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Dividend Achievers™ ETF (PFM) and ProShares Ultra Dow30 (DDM). 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.
| PFM | DDM | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.91 | 0.45 | +0.46 |
Sortino ratioReturn per unit of downside risk | 1.38 | 0.87 | +0.51 |
Omega ratioGain probability vs. loss probability | 1.20 | 1.12 | +0.09 |
Calmar ratioReturn relative to maximum drawdown | 1.35 | 0.83 | +0.52 |
Martin ratioReturn relative to average drawdown | 6.36 | 2.88 | +3.48 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| PFM | DDM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.91 | 0.45 | +0.46 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.74 | 0.35 | +0.39 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.73 | 0.51 | +0.22 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.50 | 0.37 | +0.14 |
Correlation
The correlation between PFM and DDM is 0.92, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
PFM vs. DDM - Dividend Comparison
PFM's dividend yield for the trailing twelve months is around 1.45%, more than DDM's 1.09% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PFM Invesco Dividend Achievers™ ETF | 1.45% | 1.41% | 1.58% | 1.86% | 1.95% | 1.69% | 1.92% | 1.94% | 2.27% | 1.70% | 2.56% | 2.36% |
DDM ProShares Ultra Dow30 | 1.09% | 0.94% | 1.00% | 0.27% | 0.83% | 0.18% | 0.31% | 0.62% | 0.89% | 0.68% | 1.08% | 1.23% |
Drawdowns
PFM vs. DDM - Drawdown Comparison
The maximum PFM drawdown since its inception was -53.21%, smaller than the maximum DDM drawdown of -81.70%. Use the drawdown chart below to compare losses from any high point for PFM and DDM.
Loading graphics...
Drawdown Indicators
| PFM | DDM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.21% | -81.70% | +28.49% |
Max Drawdown (1Y)Largest decline over 1 year | -10.68% | -20.92% | +10.24% |
Max Drawdown (5Y)Largest decline over 5 years | -17.81% | -40.18% | +22.37% |
Max Drawdown (10Y)Largest decline over 10 years | -32.22% | -63.13% | +30.91% |
Current DrawdownCurrent decline from peak | -5.29% | -15.14% | +9.85% |
Average DrawdownAverage peak-to-trough decline | -6.99% | -17.44% | +10.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.28% | 6.05% | -3.77% |
Volatility
PFM vs. DDM - Volatility Comparison
The current volatility for Invesco Dividend Achievers™ ETF (PFM) is 3.82%, while ProShares Ultra Dow30 (DDM) has a volatility of 9.81%. This indicates that PFM experiences smaller price fluctuations and is considered to be less risky than DDM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| PFM | DDM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.82% | 9.81% | -5.99% |
Volatility (6M)Calculated over the trailing 6-month period | 7.29% | 18.52% | -11.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.65% | 33.60% | -18.95% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.56% | 29.42% | -15.86% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.21% | 34.70% | -19.49% |