PFM vs. VBMFX
Compare and contrast key facts about Invesco Dividend Achievers™ ETF (PFM) and Vanguard Total Bond Market Index Fund (VBMFX).
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. VBMFX is managed by Vanguard. It was launched on Dec 11, 1986.
Performance
PFM vs. VBMFX - Performance Comparison
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PFM vs. VBMFX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PFM Invesco Dividend Achievers™ ETF | -0.19% | 14.00% | 16.87% | 11.40% | -6.22% | 23.08% | 9.53% | 26.88% | -4.58% | 17.65% |
VBMFX Vanguard Total Bond Market Index Fund | -0.30% | 7.05% | 1.15% | 5.62% | -13.25% | -2.04% | 7.63% | 8.61% | -0.34% | 3.45% |
Returns By Period
In the year-to-date period, PFM achieves a -0.19% return, which is significantly higher than VBMFX's -0.30% return. Over the past 10 years, PFM has outperformed VBMFX with an annualized return of 11.08%, while VBMFX has yielded a comparatively lower 1.50% annualized return.
PFM
- 1D
- 0.23%
- 1M
- -4.59%
- YTD
- -0.19%
- 6M
- 1.15%
- 1Y
- 13.71%
- 3Y*
- 13.72%
- 5Y*
- 9.99%
- 10Y*
- 11.08%
VBMFX
- 1D
- 0.21%
- 1M
- -1.63%
- YTD
- -0.30%
- 6M
- 0.35%
- 1Y
- 3.55%
- 3Y*
- 3.40%
- 5Y*
- 0.08%
- 10Y*
- 1.50%
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PFM vs. VBMFX - Expense Ratio Comparison
PFM has a 0.53% expense ratio, which is higher than VBMFX's 0.15% expense ratio.
Return for Risk
PFM vs. VBMFX — Risk / Return Rank
PFM
VBMFX
PFM vs. VBMFX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Dividend Achievers™ ETF (PFM) and Vanguard Total Bond Market Index Fund (VBMFX). 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 | VBMFX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.94 | 0.90 | +0.04 |
Sortino ratioReturn per unit of downside risk | 1.42 | 1.30 | +0.12 |
Omega ratioGain probability vs. loss probability | 1.21 | 1.16 | +0.05 |
Calmar ratioReturn relative to maximum drawdown | 1.27 | 1.62 | -0.35 |
Martin ratioReturn relative to average drawdown | 5.89 | 4.56 | +1.32 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| PFM | VBMFX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.94 | 0.90 | +0.04 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.74 | 0.01 | +0.73 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.73 | 0.30 | +0.43 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.50 | 0.96 | -0.46 |
Correlation
The correlation between PFM and VBMFX is -0.16. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Dividends
PFM vs. VBMFX - Dividend Comparison
PFM's dividend yield for the trailing twelve months is around 1.45%, less than VBMFX's 3.50% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PFM Invesco Dividend Achievers™ ETF | 1.45% | 1.41% | 1.58% | 1.86% | 1.95% | 1.69% | 1.92% | 1.94% | 2.27% | 1.70% | 2.56% | 2.36% |
VBMFX Vanguard Total Bond Market Index Fund | 3.50% | 3.76% | 3.57% | 2.99% | 2.49% | 1.72% | 2.31% | 2.63% | 2.47% | 2.45% | 2.43% | 2.71% |
Drawdowns
PFM vs. VBMFX - Drawdown Comparison
The maximum PFM drawdown since its inception was -53.21%, which is greater than VBMFX's maximum drawdown of -19.08%. Use the drawdown chart below to compare losses from any high point for PFM and VBMFX.
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Drawdown Indicators
| PFM | VBMFX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.21% | -19.08% | -34.13% |
Max Drawdown (1Y)Largest decline over 1 year | -10.68% | -2.73% | -7.95% |
Max Drawdown (5Y)Largest decline over 5 years | -17.81% | -18.24% | +0.43% |
Max Drawdown (10Y)Largest decline over 10 years | -32.22% | -19.08% | -13.14% |
Current DrawdownCurrent decline from peak | -5.07% | -3.56% | -1.51% |
Average DrawdownAverage peak-to-trough decline | -6.99% | -2.70% | -4.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.30% | 0.97% | +1.33% |
Volatility
PFM vs. VBMFX - Volatility Comparison
Invesco Dividend Achievers™ ETF (PFM) has a higher volatility of 3.77% compared to Vanguard Total Bond Market Index Fund (VBMFX) at 1.55%. This indicates that PFM's price experiences larger fluctuations and is considered to be riskier than VBMFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PFM | VBMFX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.77% | 1.55% | +2.22% |
Volatility (6M)Calculated over the trailing 6-month period | 7.26% | 2.58% | +4.68% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.61% | 4.35% | +10.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.56% | 5.99% | +7.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.21% | 4.96% | +10.25% |