Invesco Dividend Achievers ETF

PFM

Market cap $754M

If you're interested in broad exposure to the Large Cap Value segment of the US equity market, look no further than the Invesco Dividend Achievers ETF (PFM), a passively managed exchange traded fund launched on September 15, 2005.

Invesco's ETF product evolution continues with the launch of the Invesco QQQ Equal Weight ETF (QEW) and the Invesco Diversified Dividend Opportunities ETF (DVVY). QEW expands on the firm's iconic Innovation Suite, which is headlined by the Invesco QQQ Trust (QQQ).

Amid oil-driven volatility and inflation worries, dividend aristocrat ETFs like NOBL draw attention as investors seek steady income and resilient equity exposure.

Oil turmoil, inflation worries and market volatility are reviving interest in dividend growth ETFs that offer steady income and quality exposure.

Invesco Dividend Achievers ETF targets US stocks with at least 10 consecutive years of dividend increases. PFM's yield is just 1.34%, only modestly above the S&P 500, and its distributions have declined for two years. The fund is diversified across major sectors but has low utility exposure and a high management fee.

The Invesco Dividend Achievers ETF (PFM) was launched on September 15, 2005, and is a passively managed exchange traded fund designed to offer broad exposure to the Large Cap Value segment of the US equity market.

The Invesco Dividend Achievers ETF (PFM) was launched on September 15, 2005, and is a passively managed exchange traded fund designed to offer broad exposure to the Large Cap Value segment of the US equity market.

If you're interested in broad exposure to the Large Cap Value segment of the US equity market, look no further than the Invesco Dividend Achievers ETF (PFM), a passively managed exchange traded fund launched on September 15, 2005.

If you're interested in broad exposure to the Large Cap Value segment of the US equity market, look no further than the Invesco Dividend Achievers ETF (PFM), a passively managed exchange traded fund launched on September 15, 2005.

Invesco Dividend Achievers ETF prioritizes dividend consistency and low volatility, appealing to defensive investors but offers a lower yield and slower dividend growth than peers. The fund is overweight in large-cap and technology stocks, resulting in a sector profile similar to VIG and DGRO but with modest growth metrics. PFM trades at a valuation premium versus peers, despite underperforming the broader market and most dividend growth funds over 3- and 5-year periods.