PFM vs. EDIV
Compare and contrast key facts about Invesco Dividend Achievers™ ETF (PFM) and SPDR S&P Emerging Markets Dividend ETF (EDIV).
PFM and EDIV 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. EDIV is a passively managed fund by State Street that tracks the performance of the S&P Emerging Markets Dividend Opportunities Index. It was launched on Feb 23, 2011. Both PFM and EDIV are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PFM or EDIV.
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.
Performance
PFM vs. EDIV - Performance Comparison
Key characteristics
PFM:
2.00
EDIV:
1.33
PFM:
2.74
EDIV:
1.95
PFM:
1.36
EDIV:
1.24
PFM:
3.47
EDIV:
1.57
PFM:
10.63
EDIV:
4.04
PFM:
1.90%
EDIV:
3.99%
PFM:
10.09%
EDIV:
12.07%
PFM:
-53.22%
EDIV:
-53.35%
PFM:
-2.60%
EDIV:
-8.67%
Returns By Period
In the year-to-date period, PFM achieves a 1.96% return, which is significantly higher than EDIV's -1.23% return. Over the past 10 years, PFM has outperformed EDIV with an annualized return of 10.27%, while EDIV has yielded a comparatively lower 4.08% annualized return.
PFM
1.96%
1.60%
6.75%
18.39%
10.41%
10.27%
EDIV
-1.23%
-0.52%
0.61%
14.67%
6.21%
4.08%
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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.
Risk-Adjusted Performance
PFM vs. EDIV — Risk-Adjusted Performance Rank
PFM
EDIV
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.
Dividends
PFM vs. EDIV - Dividend Comparison
PFM's dividend yield for the trailing twelve months is around 1.55%, less than EDIV's 3.99% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PFM Invesco Dividend Achievers™ ETF | 1.55% | 1.58% | 1.86% | 1.95% | 1.69% | 1.92% | 1.94% | 2.27% | 1.70% | 2.56% | 2.36% | 1.93% |
EDIV SPDR S&P Emerging Markets Dividend ETF | 3.99% | 3.94% | 4.26% | 4.94% | 3.84% | 3.52% | 3.83% | 3.41% | 2.99% | 4.93% | 5.33% | 4.84% |
Drawdowns
PFM vs. EDIV - Drawdown Comparison
The maximum PFM drawdown since its inception was -53.22%, roughly equal to the maximum EDIV drawdown of -53.35%. Use the drawdown chart below to compare losses from any high point for PFM and EDIV. For additional features, visit the drawdowns tool.
Volatility
PFM vs. EDIV - Volatility Comparison
Invesco Dividend Achievers™ ETF (PFM) has a higher volatility of 4.11% compared to SPDR S&P Emerging Markets Dividend ETF (EDIV) at 3.46%. 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.