PFM vs. TTAC

Last updated Aug 4, 2026

PFM (Invesco Dividend Achievers™ ETF) and TTAC (TrimTabs US Free Cash Flow Quality ETF) are both exchange-traded funds - PFM is a Large Cap Growth Equities fund tracking the NASDAQ US Broad Dividend Achievers Index, while TTAC is a Quality Factor fund actively managed by TrimTabs. PFM is passively managed, while TTAC is actively managed. Over the past 5 years, PFM returned 10.76%/yr vs 11.12%/yr for TTAC. Their correlation of 0.84 means they have usually moved in the same direction. PFM charges 0.53%/yr vs 0.59%/yr for TTAC.

Performance

PFM vs. TTAC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Dividend Achievers™ ETF (PFM) and TrimTabs US Free Cash Flow Quality ETF (TTAC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PFM achieves a 10.65% return, which is significantly lower than TTAC's 15.31% return.

PFM

• 1D: 0.31%
• 1M: 1.14%
• 6M: 7.03%
• YTD: 10.65%
• 1Y: 19.46%
• 3Y*: 15.73%
• 5Y*: 10.76%
• 10Y*: 11.56%
• ALL TIME*: 8.78%

TTAC

• 1D: 0.84%
• 1M: -1.36%
• 6M: 12.42%
• YTD: 15.31%
• 1Y: 20.70%
• 3Y*: 16.79%
• 5Y*: 11.12%
• 10Y*: —
• ALL TIME*: 14.10%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
PFM Invesco Dividend Achievers™ ETF	$789.97K	$827.49K	$977.52K
TTAC TrimTabs US Free Cash Flow Quality ETF	$1.01M	$1.13M	$1.15M

PFM vs. TTAC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PFM Invesco Dividend Achievers™ ETF	10.65%	14.00%	16.87%	11.40%	-6.22%	23.08%	9.53%	26.88%	-4.58%	10.52%
TTAC TrimTabs US Free Cash Flow Quality ETF	15.31%	8.07%	18.26%	22.97%	-14.60%	30.66%	18.30%	26.03%	-6.26%	15.11%

Correlation

The correlation between PFM and TTAC is 0.64, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.64
Correlation (3Y) Balances recent behavior with more history.	0.78
Correlation (5Y) Shows whether the relationship held over a longer period.	0.85
Correlation (All Time) Calculated using the full available price history since Aug 24, 2017	0.84

The correlation between PFM and TTAC shifts across timeframes, from 0.64 (1 year) to 0.85 (5 years), reflecting how their relationship changes across market environments.

PFM vs. TTAC - Sectors Allocation Comparison

Sectors	PFM	TTAC
Technology	23.4%	31.4%
Financial Services	19.0%	14.5%
Healthcare	16.6%	11.6%
Industrials	11.6%	9.3%
Consumer Defensive	11.3%	8.0%
Energy	4.2%	2.6%
Utilities	4.1%	-
Consumer Cyclical	4.0%	11.8%
Basic Materials	3.0%	2.3%
Real Estate	2.0%	2.0%
Communication Services	1.0%	5.0%

Return for Risk

PFM vs. TTAC — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

PFM

PFM Risk / Return Rank: 82
PFM Sharpe Ratio Rank: 85
PFM Sortino Ratio Rank: 87
PFM Omega Ratio Rank: 84
PFM Calmar Ratio Rank: 75
PFM Martin Ratio Rank: 81

TTAC

TTAC Risk / Return Rank: 56
TTAC Sharpe Ratio Rank: 47
TTAC Sortino Ratio Rank: 46
TTAC Omega Ratio Rank: 44
TTAC Calmar Ratio Rank: 77
TTAC Martin Ratio Rank: 69

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

PFM vs. TTAC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Dividend Achievers™ ETF (PFM) and TrimTabs US Free Cash Flow Quality ETF (TTAC). 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	TTAC	Difference
Sharpe ratio: Return per unit of total volatility	2.07	1.24	+0.83
Sortino ratio: Return per unit of downside risk	3.01	1.76	+1.25
Omega ratio: Gain probability vs. loss probability	1.38	1.22	+0.16
Calmar ratio: Return relative to maximum drawdown	2.75	2.90	-0.15
Martin ratio: Return relative to average drawdown	11.27	8.91	+2.37

PFM vs. TTAC - Sharpe Ratio Comparison

The current PFM Sharpe Ratio is 2.07, which is higher than the TTAC Sharpe Ratio of 1.24. The chart below compares the historical Sharpe Ratios of PFM and TTAC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

PFM vs. TTAC - Drawdown Comparison

The maximum PFM drawdown since its inception was -53.21%, which is greater than TTAC's maximum drawdown of -34.95%. Use the drawdown chart below to compare losses from any high point for PFM and TTAC.

Drawdown Indicators

	PFM	TTAC	Difference
Max Drawdown Largest peak-to-trough decline	-53.21%	-34.95%	-18.26%
Max Drawdown (1Y) Largest decline over 1 year	-7.09%	-7.17%	+0.08%
Max Drawdown (3Y) Largest decline over 3 years	-14.50%	-19.92%	+5.42%
Max Drawdown (5Y) Largest decline over 5 years	-17.81%	-21.88%	+4.07%
Max Drawdown (10Y) Largest decline over 10 years	-32.22%	—	—
Current Drawdown Current decline from peak	-0.70%	-4.50%	+3.80%
Average Drawdown Average peak-to-trough decline	-6.89%	-4.95%	-1.94%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.73%	2.33%	-0.60%

Volatility

PFM vs. TTAC - Volatility Comparison

The current volatility for Invesco Dividend Achievers™ ETF (PFM) is 2.43%, while TrimTabs US Free Cash Flow Quality ETF (TTAC) has a volatility of 4.80%. This indicates that PFM experiences smaller price fluctuations and is considered to be less risky than TTAC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PFM	TTAC	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.43%	4.80%	-2.37%
Volatility (6M) Calculated over the trailing 6-month period	7.12%	13.60%	-6.48%
Volatility (1Y) Calculated over the trailing 1-year period	9.46%	16.82%	-7.36%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.47%	17.42%	-3.95%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.19%	18.75%	-3.56%

PFM vs. TTAC - Expense Ratio Comparison

PFM has a 0.53% expense ratio, which is lower than TTAC's 0.59% expense ratio.

Dividends

PFM vs. TTAC - Dividend Comparison

PFM's dividend yield for the trailing twelve months is around 1.32%, more than TTAC's 0.54% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PFM Invesco Dividend Achievers™ ETF	1.32%	1.41%	1.58%	1.86%	1.95%	1.69%	1.92%	1.94%	2.27%	1.70%	2.56%	2.36%
TTAC TrimTabs US Free Cash Flow Quality ETF	0.54%	0.62%	0.70%	0.94%	1.36%	9.63%	0.41%	0.72%	0.62%	0.40%	0.00%	0.00%

Frequently Asked Questions

Can I hold both PFM and TTAC in my portfolio?

PFM and TTAC have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PFM or TTAC?

TTAC has higher volatility (4.80%) compared to PFM (2.43%). In terms of maximum drawdown, PFM dropped -53.21% vs TTAC's -34.95%.

Which ETF is better, PFM or TTAC?

On 5-year performance, TTAC leads with 11.12% vs 10.76% for PFM. On fees, PFM is cheaper at 0.53% per year. On volatility, PFM has been the lower-risk option at 2.43%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, PFM or TTAC?

Over the 5-year period, TTAC has performed better with a 11.12% return vs 10.76%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, PFM or TTAC?

PFM is cheaper with a 0.53% expense ratio, compared with 0.59% for TTAC.

Which ETF pays a higher dividend yield, PFM or TTAC?

PFM has the higher dividend yield at 1.32%, compared with 0.54% for TTAC.

What is the main difference between PFM and TTAC?

PFM is categorized as Large Cap Growth Equities, while TTAC is Quality Factor. They also come from different issuers: Invesco and TrimTabs. Their fees differ too: 0.53% for PFM and 0.59% for TTAC.

Which has better risk-adjusted returns?

PFM currently has the higher Sharpe Ratio (2.07 vs 1.24), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.