PFOE vs. PFDE

Last updated Jun 6, 2026

PFOE (Pathfinder Focused Opportunities ETF) and PFDE (Pathfinder Disciplined U.S. Equity ETF) are both exchange-traded funds - PFOE is a Large Cap Growth Equities fund actively managed by Pathfinder, while PFDE is a Large Cap Blend Equities fund actively managed by Pathfinder. Both are actively managed. A 0.72 correlation means they provide meaningful diversification when combined. Both charge a 0.59% expense ratio.

Performance

PFOE vs. PFDE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pathfinder Focused Opportunities ETF (PFOE) and Pathfinder Disciplined U.S. Equity ETF (PFDE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

PFOE

• 1D: -1.12%
• 1M: -4.67%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

PFDE

• 1D: -3.11%
• 1M: 0.37%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

PFOE vs. PFDE - Yearly Performance Comparison

	2026 (YTD)
PFOE Pathfinder Focused Opportunities ETF	-8.79%
PFDE Pathfinder Disciplined U.S. Equity ETF	9.27%

Correlation

The correlation between PFOE and PFDE is 0.72, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jan 2, 2026	0.72

Return for Risk

PFOE vs. PFDE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pathfinder Focused Opportunities ETF (PFOE) and Pathfinder Disciplined U.S. Equity ETF (PFDE). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	PFOE	PFDE	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-1.03	1.43	-2.46

Drawdowns

PFOE vs. PFDE - Drawdown Comparison

The maximum PFOE drawdown since its inception was -18.19%, which is greater than PFDE's maximum drawdown of -10.37%. Use the drawdown chart below to compare losses from any high point for PFOE and PFDE.

Drawdown Indicators

	PFOE	PFDE	Difference
Max Drawdown Largest peak-to-trough decline	-18.19%	-10.37%	-7.82%
Current Drawdown Current decline from peak	-13.61%	-3.75%	-9.86%
Average Drawdown Average peak-to-trough decline	-9.16%	-2.04%	-7.12%

Volatility

Volatility by Period

	PFOE	PFDE	Difference
Volatility (1Y) Calculated over the trailing 1-year period	18.98%	16.30%	+2.68%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.98%	16.30%	+2.68%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.98%	16.30%	+2.68%

PFOE vs. PFDE - Expense Ratio Comparison

Both PFOE and PFDE have an expense ratio of 0.59%.

Dividends

PFOE vs. PFDE - Dividend Comparison

PFOE's dividend yield for the trailing twelve months is around 0.04%, less than PFDE's 0.11% yield.

Position	TTM
PFDE Pathfinder Disciplined U.S. Equity ETF	0.11%
PFOE Pathfinder Focused Opportunities ETF	0.04%

Frequently Asked Questions

Can I hold both PFOE and PFDE in my portfolio?

PFOE and PFDE have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, PFOE or PFDE?

Both ETFs have the same 0.59% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, PFOE or PFDE?

PFOE and PFDE have the same expense ratio: 0.59% per year.

Which ETF pays a higher dividend yield, PFOE or PFDE?

PFDE has the higher dividend yield at 0.11%, compared with 0.04% for PFOE.

What is the main difference between PFOE and PFDE?

PFOE is categorized as Large Cap Growth Equities, while PFDE is Large Cap Blend Equities.