PFM vs BGDV

Comparison between INVESCO DIVIDEND ACHIEVERS ETF (PFM, ETF) and BAHL & GAYNOR DIVIDEND ETF (BGDV, ETF).

PFM vs BGDV - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	PFM(ETF)	BGDV(ETF)
Net Assets	$781M	$785M
Expense Ratio	0.52%	0.45%
Max Drawdown	54.71%	15.07%
Sharpe Ratio	1.46	1.67
5Y Beta	0.68	0.76
P/E Ratio	25.87	26.44
Forward P/E	20.53	21.10
PEG Ratio	N/A	0.48
5Y Dividends CAGR	3.83%	N/A
5Y EPS CAGR	15.15%	22.38%
P/S Ratio	2.64	2.55
P/B Ratio	4.75	5.21

Net Assets

PFM

$781M

Winner

BGDV

$785M

Expense Ratio

PFM

0.52%

Winner

BGDV

0.45%

Max Drawdown

PFM

54.71%

Winner

BGDV

15.07%

Sharpe Ratio

PFM

1.46

Winner

BGDV

1.67

5Y Beta

Winner

PFM

0.68

BGDV

0.76

P/E Ratio

Winner

PFM

25.87

BGDV

26.44

Forward P/E

Winner

PFM

20.53

BGDV

21.10

PEG Ratio

PFM

N/A

BGDV

0.48

5Y Dividends CAGR

PFM

3.83%

BGDV

N/A

5Y EPS CAGR

PFM

15.15%

Winner

BGDV

22.38%

P/S Ratio

PFM

2.64

Winner

BGDV

2.55

P/B Ratio

Winner

PFM

4.75

BGDV

5.21

PFM vs BGDV - Holdings Comparison

PFM and BGDV have 27 common holdings. Overlap is 21.84%

PFM's top 25 holdings weight is 48.93%. BGDV's top 25 holdings weight is 71.74%.

Rank	PFM	BGDV
#1	BROADCOM INC (AVGO) - 5.84%	BROADCOM INC (AVGO) - 6.92%
#2	APPLE INC (AAPL) - 4.63%	TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD ADR (TSM) - 5.66%
#3	MICROSOFT CORP (MSFT) - 4.36%	WESTERN DIGITAL CORP (WDC) - 4.56%
#4	ELI LILLY AND CO (LLY) - 3.57%	ELI LILLY AND CO (LLY) - 4.10%
#5	WALMART INC (WMT) - 3.20%	ALPHABET INC CLASS A (GOOGL) - 3.80%
#6	JPMORGAN CHASE & CO (JPM) - 2.89%	VICTORY CAPITAL HOLDINGS INC CLASS A (VCTR) - 3.00%
#7	ORACLE CORP (ORCL) - 2.50%	MOTOROLA SOLUTIONS INC (MSI) - 2.99%
#8	EXXON MOBIL CORP (XOM) - 2.22%	TJX COMPANIES INC (TJX) - 2.80%
#9	JOHNSON & JOHNSON (JNJ) - 1.91%	ABBVIE INC (ABBV) - 2.70%
#10	VISA INC CLASS A (V) - 1.90%	AMPHENOL CORP CLASS A (APH) - 2.66%
#11	CISCO SYSTEMS INC (CSCO) - 1.80%	WILLIAMS COMPANIES INC (WMB) - 2.63%
#12	COSTCO WHOLESALE CORP (COST) - 1.51%	TARGA RESOURCES CORP (TRGP) - 2.49%
#13	CATERPILLAR INC (CAT) - 1.50%	MICROSOFT CORP (MSFT) - 2.32%
#14	MASTERCARD INC CLASS A (MA) - 1.50%	CINTAS CORP (CTAS) - 2.31%
#15	LAM RESEARCH CORP (LRCX) - 1.48%	UNITEDHEALTH GROUP INC (UNH) - 2.30%
#16	ABBVIE INC (ABBV) - 1.35%	CARRIER GLOBAL CORP ORDINARY SHARES (CARR) - 2.29%
#17	BANK OF AMERICA CORP (BAC) - 1.34%	THE HARTFORD INSURANCE GROUP INC (HIG) - 2.14%
#18	CHEVRON CORP (CVX) - 1.33%	META PLATFORMS INC CLASS A (META) - 2.13%
#19	UNITEDHEALTH GROUP INC (UNH) - 1.22%	JPMORGAN CHASE & CO (JPM) - 2.13%
#20	MORGAN STANLEY (MS) - 1.21%	NEXTERA ENERGY INC (NEE) - 2.04%
#21	BANK OF NEW YORK MELLON CORP (BNY) - 0.34%	WASTE MANAGEMENT INC (WM) - 2.02%
#22	MEDTRONIC PLC (MDT) - 0.34%	ANALOG DEVICES INC (ADI) - 1.97%
#23	DUKE ENERGY CORP (DUK) - 0.33%	REINSURANCE GROUP OF AMERICA INC (RGA) - 1.97%
#24	AUTOMATIC DATA PROCESSING INC (ADP) - 0.33%	PARKER HANNIFIN CORP (PH) - 1.92%
#25	CUMMINS INC (CMI) - 0.33%	L3HARRIS TECHNOLOGIES INC (LHX) - 1.89%
Total Holdings	393	52

PFM vs BGDV - Historical Returns

Returns include dividend reinvestment.

Period	PFM	BGDV
1 month	+2.52%	+1.67%
3 months	+7.67%	+9.51%
6 months	+7.53%	+12.04%
1 year	+17.94%	+23.65%
5 years(CAGR)	+10.64%	N/A
10 years(CAGR)	+11.80%	N/A
Max(CAGR)	+8.74%	+15.89%

Winner

PFM

+2.52%

BGDV

+1.67%

PFM

+7.67%

Winner

BGDV

+9.51%

PFM

+7.53%

Winner

BGDV

+12.04%

PFM

+17.94%

Winner

BGDV

+23.65%

5Y(CAGR)

PFM

+10.64%

BGDV

N/A

10Y(CAGR)

PFM

+11.80%

BGDV

N/A

Max(CAGR)

PFM

+8.74%

Winner

BGDV

+15.89%

PFM vs BGDV - Annual Returns (2005 - 2026)

Returns include dividend reinvestment.

Year	PFM	BGDV
2026	+7.79%	+10.96%
2025	+14.36%	+13.71%
2024	+16.93%	-1.86%
2023	+11.52%	N/A
2022	-6.07%	N/A
2021	+24.81%	N/A
2020	+9.32%	N/A
2019	+27.28%	N/A
2018	-4.59%	N/A
2017	+17.03%	N/A
2016	+15.96%	N/A
2015	-3.12%	N/A
2014	+12.13%	N/A
2013	+22.82%	N/A
2012	+9.73%	N/A
2011	+8.29%	N/A
2010	+13.16%	N/A
2009	+7.39%	N/A
2008	-28.22%	N/A
2007	-0.21%	N/A
2006	+14.35%	N/A
2005	+1.93%	N/A

PFM vs BGDV Drawdown Comparison

The maximum drawdown for PFM was -53.22%, occurring on Mar 9, 2009. Recovery took 1225 trading sessions.

The maximum drawdown for BGDV was -14.80%, occurring on Apr 8, 2025. Recovery took 108 trading sessions.

The current PFM drawdown is -0.37%. The current BGDV drawdown is -0.22%.

Rank	PFM	BGDV
#1	-53.22% Oct 9, 2007 - Aug 17, 2012	-14.80% Jan 24, 2025 - Jul 1, 2025
#2	-32.19% Feb 14, 2020 - Sep 2, 2020	-8.40% Feb 25, 2026 - Apr 17, 2026
#3	-17.82% Jan 4, 2022 - Jul 20, 2023	-4.50% Dec 16, 2024 - Jan 21, 2025
#4	-15.08% Sep 21, 2018 - Mar 21, 2019	-3.14% Oct 8, 2025 - Nov 25, 2025
#5	-14.51% Feb 19, 2025 - Jun 30, 2025	-2.86% Jul 25, 2025 - Aug 13, 2025
#6	-13.07% Dec 23, 2014 - Mar 17, 2016	-2.73% Dec 11, 2025 - Jan 6, 2026
#7	-10.83% Jan 26, 2018 - Sep 11, 2018	-1.68% Jan 16, 2026 - Jan 22, 2026
#8	-9.67% Jul 26, 2023 - Dec 11, 2023	-1.64% Sep 11, 2025 - Oct 1, 2025
#9	-8.41% Jun 4, 2007 - Oct 1, 2007	-1.62% May 14, 2026 - May 26, 2026
#10	-7.10% Feb 11, 2026 - Apr 30, 2026	-1.61% Jun 4, 2026 - Jun 8, 2026
#11	-6.82% Oct 12, 2020 - Nov 9, 2020	-1.55% Jul 3, 2025 - Jul 17, 2025
#12	-6.63% Dec 31, 2013 - Mar 18, 2014	-1.42% May 6, 2026 - May 14, 2026
#13	-6.40% Oct 8, 2012 - Jan 4, 2013	-1.14% Nov 28, 2025 - Dec 10, 2025
#14	-6.39% Sep 2, 2020 - Oct 12, 2020	-0.81% Jan 6, 2026 - Jan 9, 2026
#15	-5.97% May 21, 2013 - Jul 18, 2013	-0.76% Aug 22, 2025 - Sep 4, 2025

Correlation

Correlation between PFM and BGDV is 0.99 which considered as a very strong positive correlation - the stocks move almost identically together.

0.99

-101

Dividend Comparison (2005 - 2026)

PFM vs BGDV dividend yield comparison.

Year	PFM	BGDV
2026	0.35%	0.36%
2025	1.41%	1.13%
2024	1.58%	0.09%
2023	1.86%	0.00%
2022	1.95%	0.00%
2021	1.69%	0.00%
2020	1.92%	0.00%
2019	1.94%	0.00%
2018	2.27%	0.00%
2017	1.70%	0.00%
2016	2.56%	0.00%
2015	2.36%	0.00%
2014	1.93%	0.00%
2013	1.88%	0.00%
2012	2.36%	0.00%
2011	2.17%	0.00%
2010	1.99%	0.00%
2009	1.55%	0.00%
2008	3.12%	0.00%
2007	1.97%	0.00%
2006	1.84%	0.00%
2005	0.58%	0.00%