Invesco Dividend Achievers ETF
$56.35−0.07 (−0.13%)
- 0.52%
- $785M
- +14.5%
- 1.33%
- 0M sh
- $56.20
- low $49.98high $58.18
The ETF.net PFM Grade
C
Score 54 out of 100
- 27 of 53
Score 54 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.F18 out of 100Rank 43 of 53Mission
Whether the fund did what it promised, tested against its stated mandate.A91 out of 100Rank 8 of 50Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B63 out of 100Rank 17 of 53Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C51 out of 100Rank 27 of 53Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B57 out of 100Rank 26 of 53Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B65 out of 100Rank 21 of 53
Our read on PFM
CA 2005-vintage dividend fund that casts a wide net: roughly 400 US dividend payers from the Nasdaq Dividend Achievers family, held close to the index. The trade-off is price, in a corner of the market that has gotten very cheap.
The Fund seeks to replicate the NASDAQ US Broad Dividend Achievers Index before fees and expenses and normally invests at least 90% of assets in dividend-paying common stocks in that Index.
Why people hold it
- Wide net, not a narrow screen: about 400 US dividend payers, with at least 90% of assets in the common stocks of its Nasdaq Broad Dividend Achievers index.
- Trading since 2005, so the record spans several market cycles. Dividends are passed through quarterly.
- Sticks to the script. The portfolio has stayed tight to the index it promises to replicate, which is the entire job description for a fund like this.
Worth knowing
- 0.52% a year sits above the median for its dividend-screen peers, and the category's anchors (VIG at 0.04%, SCHD at 0.06%) charge a small fraction of that.
- Thinly traded next to the category's giants, so limit orders and patience matter more here than they would in a household-name dividend fund.
- Overall it lands in the lower half of its dividend-screen peer group, driven by cost and trading friction rather than by how it runs the index.
PFM Holdings
- Stocks
- 430
- 32%
- AAPL
Sectors
- Technology24.6%
- Financials19.0%
- Health Care17.2%
- Consumer Staples11.2%
- Industrials10.3%
- Energy5.0%
- Utilities3.7%
- Consumer Discretionary3.4%
- Materials3.0%
- Real Estate1.8%
- Communication1.0%
Geography
- United States96.36%
- Ireland2.13%
- United Kingdom0.82%
- Switzerland0.47%
- Bermuda0.12%
- Netherlands0.07%
- Canada0.03%
PFM Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
PFM$11,449
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | PFM |
|---|---|
| Year to date | +10.7% |
| 1 month | +0.2% |
| 3 months | +1.1% |
| 1 year | +14.5% |
| 3 years | +17.3% |
| 5 years | +11.0% |
| 10 years | +11.9% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | PFM |
|---|---|---|
| 2026 YTD | +10.7% | |
| 2025 | +14.0% | |
| 2024 | +16.9% | |
| 2023 | +11.4% | |
| 2022 | −6.2% | |
| 2021 | +23.1% | |
| 2020 | +9.6% |
PFM in the news
Best ETFs
Schwab's dividend ETF returned 22.8% in a year. Its income rate still trails a one-month bill.
First-Year Review
Liberty One's Spectrum ETF returned 6.4%, 8.9 percentage points behind an S&P 500 fund
Category Review
The payout and the result came apart in option-income funds
First-Year Review
EASY's first year trailed the defensive index it names
PFM Dividends
- 1.33%
- $0.75
- $0.18 per share
- Quarterly
Distribution history
PFM Risk
- 10.3%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.10
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −17.8%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.79
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
PFM Cost
0.52%
PFM0.52%
- The middle half of US Dividend Index funds
- Median 0.38%
42 of the 52 US Dividend Index funds charge less.
Other funds in US Dividend Index
- BQDIVGlobal X - S&P 500 Quality Dividend ETFExpense ratio 0.20%1 year return +19.3%
- BDIVGInvesco S&P 500 High Dividend Growers ETFExpense ratio 0.39%1 year return +18.6%
- CQDEFNorthern Trust Quality Dividend Defensive ETFExpense ratio 0.40%1 year return +18.6%
- CFVDFirst Trust Value Line Dividend Index FundExpense ratio 0.62%1 year return +8.2%
- CQDFNorthern Trust Quality Dividend ETFExpense ratio 0.40%1 year return +20.7%