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PFM - ETF AI Analysis
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Invesco Dividend Achievers ETF (PFM)
Rating:73Outperform
Price Target:―
Positive Factors
Recognized Dividend Leaders
The fund holds well-known companies with long histories of paying and growing dividends, which can support more stable returns over time.
Broad Sector Diversification
Holdings are spread across many sectors, including technology, financials, health care, and consumer stocks, helping reduce the impact if one area of the market struggles.
Solid Fund Size
With several hundred million dollars in assets, the ETF is large enough to offer good trading liquidity for most everyday investors.
Negative Factors
Higher Expense Ratio
The fund’s expense ratio is on the higher side for an ETF, which means more of your return is used to cover fees each year.
Heavy U.S. Concentration
Almost all of the ETF’s assets are invested in U.S. companies, offering very little geographic diversification outside the United States.
Mixed Performance Among Top Holdings
Several of the largest positions have shown weak or negative recent performance, which can drag on the fund even though a few holdings have been stronger.
PFM vs. SPDR S&P 500 ETF (SPY)
AUM762.04M
RegionNorth America
Expense Ratio0.52%
Beta0.73
IssuerInvesco
Inception DateSep 15, 2005
Dividend Yield1.37%
Asset ClassEquity
Index TrackedNASDAQ US Broad Dividend Achievers Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume33,324
30 Day Avg. Volume35,481
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
60.32Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering427
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
PFM Summary
The Invesco Dividend Achievers ETF (PFM) follows the NASDAQ US Broad Dividend Achievers Index, which focuses on U.S. companies that have raised their dividends for at least 10 years in a row. It holds well-known names like Microsoft, Apple, Walmart, and JPMorgan Chase, spread across many sectors such as technology, health care, and financials. Someone might invest in PFM to seek a mix of long-term growth and steady dividend income from a diversified group of established companies. A key risk is that the fund can still go up and down with the overall stock market, and it leans heavily on U.S. stocks.
How much will it cost me?The Invesco Dividend Achievers ETF (PFM) has an expense ratio of 0.52%, meaning you’ll pay $5.20 per year for every $1,000 invested. This is slightly higher than average because it is passively managed but focuses on a specialized index of dividend-growing companies, which requires more curation than broader market ETFs.
What would affect this ETF?The Invesco Dividend Achievers ETF (PFM) could benefit from continued growth in the technology and healthcare sectors, which are its largest exposures, as well as stable dividend payments from its top holdings like Apple and Microsoft. However, rising interest rates or economic slowdowns could negatively impact financial and consumer cyclical sectors, which also make up a significant portion of the ETF's portfolio. Additionally, regulatory changes affecting major companies in its top holdings, such as Visa or JPMorgan Chase, could pose risks to future performance.
PFM Top 10 Holdings
PFM’s story is all about steady U.S. dividend growers, but the recent leaders and laggards are pulling in different directions. Health care and consumer defensive names like Eli Lilly, Walmart, and Johnson & Johnson are doing the heavy lifting, with their shares rising and giving the fund a solid defensive backbone. On the other side, big tech dividend payers such as Microsoft, Apple, Broadcom, and especially Oracle have been losing steam, making the fund’s tech tilt a bit of a drag despite its otherwise balanced, U.S.-only sector mix.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Eli Lilly & Co | 3.75% | $28.54M | $967.88B | 24.40% | 72 Outperform | |
| Apple | 3.65% | $27.78M | $3.77T | 8.71% | 79 Outperform | |
| Walmart | 3.63% | $27.61M | $929.08B | 19.02% | 78 Outperform | |
| Microsoft | 3.47% | $26.40M | $3.58T | 4.46% | 79 Outperform | |
| JPMorgan Chase | 3.23% | $24.61M | $818.77B | 14.24% | 72 Outperform | |
| Broadcom | 3.23% | $24.57M | $1.58T | 53.36% | 76 Outperform | |
| Exxon Mobil | 2.29% | $17.44M | $580.20B | 28.24% | 74 Outperform | |
| Visa | 2.16% | $16.49M | $625.26B | -3.28% | 70 Outperform | |
| Johnson & Johnson | 2.12% | $16.12M | $548.64B | 48.68% | 78 Outperform | |
| Mastercard | 1.87% | $14.27M | $468.19B | -3.94% | 75 Outperform |
PFM Technical Analysis
Positive
―
Price Trends
51.80
Positive
51.18
Positive
49.09
Positive
Market Momentum
0.26
Positive
57.44
Neutral
67.98
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For PFM, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 52.47, equal to the 50-day MA of 51.80, and equal to the 200-day MA of 49.09, indicating a bullish trend. The MACD of 0.26 indicates Positive momentum. The RSI at 57.44 is Neutral, neither overbought nor oversold. The STOCH value of 67.98 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for PFM.
PFM Peer Comparison
Comparison Results
Performance Comparison
PFM
Invesco Dividend Achievers ETF
52.76
6.02
12.88%
SYLD
Cambria Shareholder Yield ETF
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―
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PLDR
Putnam Sustainable Leaders ETF
―
―
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ABFL
Fcf Us Quality Etf
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AUSF
Global X Adaptive U.S. Factor ETF
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HLAL
Wahed FTSE USA Shariah ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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