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PFM - AI Analysis
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Invesco Dividend Achievers ETF (PFM)
Rating:74Outperform
Price Target:
$57.52
Positive Factors
Strong Top Holdings
Several key positions, such as Broadcom, Oracle, and Microsoft, have delivered strong year-to-date performance, supporting the ETF’s overall returns.
Sector Diversification
The ETF is spread across multiple sectors, including Technology, Financials, and Health Care, reducing reliance on any single industry.
Healthy Year-to-Date Performance
The fund has shown solid year-to-date growth, indicating resilience in its portfolio during recent market conditions.
Negative Factors
High Geographic Concentration
The ETF is heavily focused on U.S. companies, with minimal exposure to international markets, limiting global diversification.
Moderate Expense Ratio
The fund’s expense ratio is higher than some low-cost ETFs, which may reduce net returns for long-term investors.
Underperforming Holdings
Some top holdings, such as Apple and Eli Lilly, have shown weaker year-to-date performance compared to others in the portfolio.
PFM vs. SPDR S&P 500 ETF (SPY)
AUM740.43M
RegionNorth America
Expense Ratio0.52%
Beta0.75
IssuerInvesco
Inception DateSep 15, 2005
Dividend Yield1.4%
Asset ClassEquity
Index TrackedNASDAQ US Broad Dividend Achievers Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume16,992
30 Day Avg. Volume15,751
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
57.52Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering430
PFM Summary
The Invesco Dividend Achievers ETF (PFM) is an investment fund that focuses on U.S. companies known for consistently increasing their dividends for at least 10 years. It follows the NASDAQ US Broad Dividend Achievers Index, which includes a mix of large and mid-sized companies across various industries. Some well-known companies in this ETF are Apple and Microsoft. Investors might consider PFM for steady income through dividends and potential long-term growth. However, since it heavily relies on dividend-paying companies, its performance can be impacted if these companies face financial challenges or reduce their dividends.
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
The Invesco Dividend Achievers ETF leans heavily into technology and financials, with names like Broadcom and Apple driving performance thanks to their focus on AI and steady profitability. Microsoft adds further strength with its growth in cloud services, though its premium valuation tempers enthusiasm. On the flip side, Oracle’s recent dip and JPMorgan’s mixed technical signals have held the fund back slightly. With its U.S.-centric portfolio and emphasis on dividend growth, this ETF offers a blend of stability and innovation, though its sector concentration may leave it vulnerable to tech market swings.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Broadcom | 4.68% | $34.85M | $1.67T | 110.47% | 79 Outperform | |
| Apple | 4.45% | $33.15M | $3.90T | 15.17% | 78 Outperform | |
| Microsoft | 4.03% | $30.03M | $3.89T | 24.60% | 83 Outperform | |
| JPMorgan Chase | 3.25% | $24.19M | $826.14B | 34.88% | 70 Outperform | |
| Walmart | 3.23% | $24.09M | $846.48B | 26.25% | 75 Outperform | |
| Oracle | 3.07% | $22.86M | $807.71B | 63.21% | 66 Neutral | |
| Eli Lilly & Co | 3.04% | $22.62M | $781.25B | -7.72% | 70 Outperform | |
| Visa | 2.29% | $17.09M | $669.26B | 22.39% | 82 Outperform | |
| Mastercard | 1.99% | $14.85M | $518.60B | 12.62% | 84 Outperform | |
| Exxon Mobil | 1.92% | $14.29M | $491.94B | -2.49% | 79 Outperform |
PFM Technical Analysis
Positive
―
Price Trends
50.35
Positive
49.24
Positive
47.42
Positive
Market Momentum
0.26
Negative
60.65
Neutral
90.41
Negative
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 50.95, equal to the 50-day MA of 50.35, and equal to the 200-day MA of 47.42, indicating a bullish trend. The MACD of 0.26 indicates Negative momentum. The RSI at 60.65 is Neutral, neither overbought nor oversold. The STOCH value of 90.41 is Negative, 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
51.42
5.81
12.74%
SUSL
iShares ESG MSCI USA Leaders ETF
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SYLD
Cambria Shareholder Yield ETF
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PLDR
Putnam Sustainable Leaders 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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