---
ticker: "PFM"
name: "Invesco Dividend Achievers ETF"
url: "https://etf.net/etf/PFM"
grade: "C"
score: 54
graded_at: "2026-10-12"
category: "US Dividend Index"
category_rank: "27 of 53"
methodology: "https://etf.net/methodology"
---

# PFM: Invesco Dividend Achievers ETF

Grade **C**, Score 54 of 100. Rank 27 of 53 in US Dividend Index.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 18 | 43 of 53 |
| Mission | 91 | 8 of 50 |
| Risk | 63 | 17 of 53 |
| Tradability | 51 | 27 of 53 |
| Holdings | 57 | 26 of 53 |
| Durability | 65 | 21 of 53 |

## Top holdings

The fund holds 430 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | AAPL | Apple Inc | 4.30% |
| 2 | MSFT | Microsoft Corp | 4.27% |
| 3 | LLY | Eli Lilly & Co | 4.01% |
| 4 | AVGO | Broadcom Inc | 3.95% |
| 5 | JPM | JPMorgan Chase & Co | 3.19% |
| 6 | WMT | Walmart Inc | 3.19% |
| 7 | XOM | ExxonMobil Holdings Corp | 2.51% |
| 8 | V | Visa Inc | 2.37% |
| 9 | JNJ | Johnson & Johnson | 2.27% |
| 10 | MA | Mastercard Inc | 1.85% |
| 11 | ABBV | AbbVie Inc | 1.76% |
| 12 | CSCO | Cisco Systems Inc | 1.68% |
| 13 | COST | Costco Wholesale Corp | 1.51% |
| 14 | CVX | Chevron Corp | 1.51% |
| 15 | ORCL | Oracle Corp | 1.47% |
| 16 | LRCX | Lam Research Corp | 1.44% |
| 17 | BAC | Bank of America Corp | 1.37% |
| 18 | KO | Coca-Cola Co/The | 1.37% |
| 19 | CAT | Caterpillar Inc | 1.33% |
| 20 | MRK | Merck & Co Inc | 1.30% |
| 21 | PG | Procter & Gamble Co/The | 1.27% |
| 22 | UNH | UnitedHealth Group Inc | 1.23% |
| 23 | PM | Philip Morris International Inc | 1.13% |
| 24 | MS | Morgan Stanley | 1.08% |
| 25 | HD | Home Depot Inc/The | 1.05% |
| 26 | GS | Goldman Sachs Group Inc/The | 0.94% |
| 27 | TXN | Texas Instruments Inc | 0.94% |
| 28 | KLAC | KLA Corp | 0.92% |
| 29 | RTX | RTX Corp | 0.90% |
| 30 | AMGN | Amgen Inc | 0.81% |

Source: etf.net, https://etf.net/etf/PFM. Please cite the page URL.