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PFM vs. EDIV
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between PFM and EDIV is 0.60, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.00.6

Performance

PFM vs. EDIV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Dividend Achievers™ ETF (PFM) and SPDR S&P Emerging Markets Dividend ETF (EDIV). The values are adjusted to include any dividend payments, if applicable.

0.00%50.00%100.00%150.00%200.00%250.00%300.00%350.00%JulyAugustSeptemberOctoberNovemberDecember
326.89%
27.18%
PFM
EDIV

Key characteristics

Sharpe Ratio

PFM:

1.97

EDIV:

1.39

Sortino Ratio

PFM:

2.72

EDIV:

2.02

Omega Ratio

PFM:

1.36

EDIV:

1.25

Calmar Ratio

PFM:

3.88

EDIV:

1.85

Martin Ratio

PFM:

12.34

EDIV:

5.01

Ulcer Index

PFM:

1.57%

EDIV:

3.40%

Daily Std Dev

PFM:

9.83%

EDIV:

12.26%

Max Drawdown

PFM:

-53.21%

EDIV:

-53.36%

Current Drawdown

PFM:

-4.14%

EDIV:

-8.19%

Returns By Period

In the year-to-date period, PFM achieves a 17.29% return, which is significantly higher than EDIV's 11.94% return. Over the past 10 years, PFM has outperformed EDIV with an annualized return of 9.92%, while EDIV has yielded a comparatively lower 4.46% annualized return.


PFM

YTD

17.29%

1M

-1.34%

6M

8.06%

1Y

18.24%

5Y*

10.59%

10Y*

9.92%

EDIV

YTD

11.94%

1M

-1.26%

6M

1.16%

1Y

14.98%

5Y*

6.32%

10Y*

4.46%

Compare stocks, funds, or ETFs

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PFM vs. EDIV - Expense Ratio Comparison

PFM has a 0.53% expense ratio, which is higher than EDIV's 0.49% expense ratio.


PFM
Invesco Dividend Achievers™ ETF
Expense ratio chart for PFM: current value at 0.53% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.53%
Expense ratio chart for EDIV: current value at 0.49% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.49%

Risk-Adjusted Performance

PFM vs. EDIV - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Dividend Achievers™ ETF (PFM) and SPDR S&P Emerging Markets Dividend ETF (EDIV). 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.


Sharpe ratio
The chart of Sharpe ratio for PFM, currently valued at 1.97, compared to the broader market0.002.004.001.971.39
The chart of Sortino ratio for PFM, currently valued at 2.72, compared to the broader market-2.000.002.004.006.008.0010.002.722.02
The chart of Omega ratio for PFM, currently valued at 1.36, compared to the broader market0.501.001.502.002.503.001.361.25
The chart of Calmar ratio for PFM, currently valued at 3.88, compared to the broader market0.005.0010.0015.003.881.85
The chart of Martin ratio for PFM, currently valued at 12.34, compared to the broader market0.0020.0040.0060.0080.00100.0012.345.01
PFM
EDIV

The current PFM Sharpe Ratio is 1.97, which is higher than the EDIV Sharpe Ratio of 1.39. The chart below compares the historical Sharpe Ratios of PFM and EDIV, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.001.502.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
1.97
1.39
PFM
EDIV

Dividends

PFM vs. EDIV - Dividend Comparison

PFM's dividend yield for the trailing twelve months is around 1.18%, less than EDIV's 3.47% yield.


TTM20232022202120202019201820172016201520142013
PFM
Invesco Dividend Achievers™ ETF
1.18%1.86%1.95%1.69%1.92%1.94%2.27%1.70%2.56%2.36%1.93%1.87%
EDIV
SPDR S&P Emerging Markets Dividend ETF
3.47%4.26%4.94%3.84%3.52%3.83%3.41%2.99%4.93%5.33%4.84%5.13%

Drawdowns

PFM vs. EDIV - Drawdown Comparison

The maximum PFM drawdown since its inception was -53.21%, roughly equal to the maximum EDIV drawdown of -53.36%. Use the drawdown chart below to compare losses from any high point for PFM and EDIV. For additional features, visit the drawdowns tool.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-4.14%
-8.19%
PFM
EDIV

Volatility

PFM vs. EDIV - Volatility Comparison

Invesco Dividend Achievers™ ETF (PFM) has a higher volatility of 3.40% compared to SPDR S&P Emerging Markets Dividend ETF (EDIV) at 2.78%. This indicates that PFM's price experiences larger fluctuations and is considered to be riskier than EDIV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%JulyAugustSeptemberOctoberNovemberDecember
3.40%
2.78%
PFM
EDIV
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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