PFM vs. GQGU
PFM (Invesco Dividend Achievers™ ETF) and GQGU (GQG US Equity ETF) are both Large Cap Growth Equities funds. PFM is passively managed, while GQGU is actively managed. At a 0.22 correlation, their price movements are largely independent. PFM charges 0.53%/yr vs 0.49%/yr for GQGU.
Performance
PFM vs. GQGU - Performance Comparison
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Returns By Period
In the year-to-date period, PFM achieves a 7.43% return, which is significantly higher than GQGU's 4.84% return.
PFM
- 1D
- -0.16%
- 1M
- 0.12%
- YTD
- 7.43%
- 6M
- 6.87%
- 1Y
- 18.00%
- 3Y*
- 15.64%
- 5Y*
- 10.77%
- 10Y*
- 11.76%
GQGU
- 1D
- 1.90%
- 1M
- -3.53%
- YTD
- 4.84%
- 6M
- 4.93%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
PFM vs. GQGU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
PFM Invesco Dividend Achievers™ ETF | 7.43% | 6.94% |
GQGU GQG US Equity ETF | 4.84% | -1.12% |
Correlation
The correlation between PFM and GQGU is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jul 14, 2025 | 0.22 |
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Return for Risk
PFM vs. GQGU — Risk / Return Rank
PFM
GQGU
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
PFM vs. GQGU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Dividend Achievers™ ETF (PFM) and GQG US Equity ETF (GQGU). 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.
| PFM | GQGU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.34 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 2.55 | — | — |
| Martin ratioReturn relative to average drawdown | 10.32 | — | — |
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Drawdowns
PFM vs. GQGU - Drawdown Comparison
The maximum PFM drawdown since its inception was -53.21%, which is greater than GQGU's maximum drawdown of -8.41%. Use the drawdown chart below to compare losses from any high point for PFM and GQGU.
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Drawdown Indicators
| PFM | GQGU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.21% | -8.41% | -44.80% |
Max Drawdown (1Y)Largest decline over 1 year | -7.09% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -14.50% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -17.81% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -32.22% | — | — |
Current DrawdownCurrent decline from peak | -1.01% | -6.23% | +5.22% |
Average DrawdownAverage peak-to-trough decline | -6.93% | -2.71% | -4.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.75% | — | — |
Volatility
PFM vs. GQGU - Volatility Comparison
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Volatility by Period
| PFM | GQGU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.48% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 7.21% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 9.53% | 10.54% | -1.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.51% | 10.54% | +2.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.20% | 10.54% | +4.66% |
PFM vs. GQGU - Expense Ratio Comparison
PFM has a 0.53% expense ratio, which is higher than GQGU's 0.49% expense ratio.
Dividends
PFM vs. GQGU - Dividend Comparison
PFM's dividend yield for the trailing twelve months is around 1.36%, more than GQGU's 0.97% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GQGU GQG US Equity ETF | 0.97% | 1.02% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
PFM Invesco Dividend Achievers™ ETF | 1.36% | 1.41% | 1.58% | 1.86% | 1.95% | 1.69% | 1.92% | 1.94% | 2.27% | 1.70% | 2.56% | 2.36% |
Frequently Asked Questions
PFM and GQGU have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, GQGU is cheaper at 0.49% per year. The better choice depends on whether you care most about return, fees, risk, or income.
GQGU is cheaper with a 0.49% expense ratio, compared with 0.53% for PFM.
PFM has the higher dividend yield at 1.36%, compared with 0.97% for GQGU.
They also come from different issuers: Invesco and GQG Partners. Their fees differ too: 0.53% for PFM and 0.49% for GQGU.
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