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

Key characteristics


PFMEDIV
YTD Return16.31%16.29%
1Y Return23.67%25.35%
3Y Return (Ann)9.75%12.00%
5Y Return (Ann)11.41%8.22%
10Y Return (Ann)10.32%3.72%
Sharpe Ratio2.332.13
Daily Std Dev10.01%12.21%
Max Drawdown-53.21%-53.36%
Current Drawdown-0.56%0.00%

Correlation

-0.50.00.51.00.6

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.

Performance

PFM vs. EDIV - Performance Comparison

The year-to-date returns for both stocks are quite close, with PFM having a 16.31% return and EDIV slightly lower at 16.29%. Over the past 10 years, PFM has outperformed EDIV with an annualized return of 10.32%, while EDIV has yielded a comparatively lower 3.72% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-5.00%0.00%5.00%10.00%AprilMayJuneJulyAugustSeptember
8.90%
10.68%
PFM
EDIV

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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.


PFM
Sharpe ratio
The chart of Sharpe ratio for PFM, currently valued at 2.33, compared to the broader market0.002.004.002.33
Sortino ratio
The chart of Sortino ratio for PFM, currently valued at 3.20, compared to the broader market-2.000.002.004.006.008.0010.0012.003.20
Omega ratio
The chart of Omega ratio for PFM, currently valued at 1.42, compared to the broader market0.501.001.502.002.503.001.42
Calmar ratio
The chart of Calmar ratio for PFM, currently valued at 2.41, compared to the broader market0.005.0010.0015.002.41
Martin ratio
The chart of Martin ratio for PFM, currently valued at 12.30, compared to the broader market0.0020.0040.0060.0080.00100.0012.30
EDIV
Sharpe ratio
The chart of Sharpe ratio for EDIV, currently valued at 2.13, compared to the broader market0.002.004.002.13
Sortino ratio
The chart of Sortino ratio for EDIV, currently valued at 3.01, compared to the broader market-2.000.002.004.006.008.0010.0012.003.01
Omega ratio
The chart of Omega ratio for EDIV, currently valued at 1.38, compared to the broader market0.501.001.502.002.503.001.38
Calmar ratio
The chart of Calmar ratio for EDIV, currently valued at 2.29, compared to the broader market0.005.0010.0015.002.29
Martin ratio
The chart of Martin ratio for EDIV, currently valued at 12.17, compared to the broader market0.0020.0040.0060.0080.00100.0012.17

PFM vs. EDIV - Sharpe Ratio Comparison

The current PFM Sharpe Ratio is 2.33, which roughly equals the EDIV Sharpe Ratio of 2.13. The chart below compares the 12-month rolling Sharpe Ratio of PFM and EDIV.


Rolling 12-month Sharpe Ratio1.001.502.002.503.00AprilMayJuneJulyAugustSeptember
2.33
2.13
PFM
EDIV

Dividends

PFM vs. EDIV - Dividend Comparison

PFM's dividend yield for the trailing twelve months is around 1.26%, less than EDIV's 1.85% yield.


TTM20232022202120202019201820172016201520142013
PFM
Invesco Dividend Achievers™ ETF
1.26%1.86%1.95%1.69%1.92%1.94%2.27%1.70%2.56%2.36%1.93%1.88%
EDIV
SPDR S&P Emerging Markets Dividend ETF
1.85%4.26%4.94%3.84%3.52%3.83%3.41%2.99%4.94%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.


-8.00%-6.00%-4.00%-2.00%0.00%AprilMayJuneJulyAugustSeptember
-0.56%
0
PFM
EDIV

Volatility

PFM vs. EDIV - Volatility Comparison

Invesco Dividend Achievers™ ETF (PFM) and SPDR S&P Emerging Markets Dividend ETF (EDIV) have volatilities of 2.80% and 2.69%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%AprilMayJuneJulyAugustSeptember
2.80%
2.69%
PFM
EDIV