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GVLEvsPFMETF Comparison

ETF 1

GVLE

Goldman Sachs Value Opportunities ETF

This fund is part of

US Multi-Factor

+0.25%

Full GVLE fund page

VS

ETF 2

PFM

Invesco Dividend Achievers ETF

This fund is part of

US High Dividend

+0.08%

Full PFM fund page

Goldman Sachs Value Opportunities ETF (GVLE) belongs to the US Multi-Factor segment. Invesco Dividend Achievers ETF (PFM) is part of the US High Dividend segment. GVLE's top 3 sector exposures are Finance, Consumer Non-Cyclicals and Technology. In contrast, PFM's top sector exposures are Technology, Finance and Healthcare. GVLE is less expensive with a Total Expense Ratio (TER) of 0.45%, versus 0.52% for PFM. GVLE is up 19.43% year-to-date (YTD) with -$9M in YTD flows. PFM performs worse with 13.52% YTD performance, and -$35M in YTD flows. Run a side-by-side ETF comparison of GVLE and PFM below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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GVLE vs PFM performance and flow charts

Performance

Cumulative Flows

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 10/28/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	GVLE PFM	+2.25%+4.27%	+2.77%+1.93%	+19.43%+13.52%	n/a+14.09%	n/a+69.95%	n/a+65.13%
Flows	GVLE PFM	-$4M-$3M	-$2M-$3M	-$9M-$35M	--$25M	--$100M	--$181M

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	GVLE PFM	+11.45%+8.14%	n/a+9.35%	n/a+11.70%	n/a+13.40%
Max drawdown	GVLE PFM	-5.01%-5.17%	n/a-7.08%	n/a-14.65%	n/a-17.94%
Max drawdown duration	GVLE PFM	77d76d	n/a77d	n/a128d	n/a561d

Trading data

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	GVLE	PFM
Last sale 10/28/2026 at 3:34 PM	$48.59	$58.46
Previous close 10/28/2026	$48.52	$57.84
Consolidated volume 10/28/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of September 30, 2026

1-year trailing difference

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GVLE

is actively managed and doesn’t replicate an index

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	GVLE	PFM
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 10/28/2026 at 3:34 PM

Live

Closed

	GVLE	PFM
Last price	$48.59	$58.46
1D performance	+0.14%	+1.08%
AuM	$40.62 M	$807.92 M
E/R	0.45%	0.52%

Characteristics

	GVLE	PFM
Management strategy	Active	Passive
Provider	Goldman Sachs	Invesco
Benchmark	-	NASDAQ US Broad Dividend Achievers Index
N° of holdings	31	428
Asset class	-	Equities
Trailing 12m distribution yield	Join	Join
Inception date	November 14, 2025	September 15, 2005
ESG	No	No

More GVLE data on Trackinsight

More PFM data on Trackinsight

Exposure

Countries

GVLE

USA

96.07%

Other

3.93%

PFM

USA

96.39%

Other

3.61%

Sectors

GVLE

Finance

21.44%

Consumer Non-Cycl.

18.38%

Technology

15.87%

Healthcare

13.54%

Industrials

8.81%

Other

21.96%

PFM

Technology

23.17%

Finance

20.9%

Healthcare

17.13%

Consumer Non-Cycl.

10.9%

Industrials

9.55%

Other

18.35%

Diversification

GVLE

Total weight of top 15 holdings out of 15

66.25%

PFM

Total weight of top 15 holdings out of 15

38.18%

Top 15 holdings

Data as of August 31, 2026

GVLE

Amazon.com, Inc.

9.64%

Microsoft Corp.

8.98%

JPMorgan Chase & Co.

4.91%

Merck & Co., Inc.

4.78%

ConocoPhillips

4.05%

Eaton Corp. Plc

3.93%

Berkshire Hathaway, Inc.

3.93%

Thermo Fisher Scientific, Inc.

3.82%

Morgan Stanley

3.69%

Walmart, Inc.

3.34%

Procter & Gamble Co.

3.24%

Bank of America Corp.

3.08%

Johnson & Johnson

3.01%

NextEra Energy, Inc.

2.93%

Starbucks Corp.

2.90%

PFM

Microsoft Corp.

4.34%

Eli Lilly & Co.

3.95%

Apple, Inc.

3.90%

JPMorgan Chase & Co.

3.38%

Broadcom Inc.

3.22%

Walmart, Inc.

2.91%

ExxonMobil Holdings Corp.

2.31%

Johnson & Johnson

2.28%

Visa, Inc.

2.25%

Mastercard, Inc.

1.85%

AbbVie, Inc.

1.63%

Cisco Systems, Inc.

1.58%

Oracle Corp.

1.56%

Bank of America Corp.

1.55%

Costco Wholesale Corp.

1.48%

Frequently asked questions about GVLE and PFM

How have the GVLE and PFM ETFs performed in 2026?

As of October 28, 2026, GVLE is up 19.43% year-to-date (YTD), while PFM has returned 13.52%. That puts GVLE better performer ahead so far this year.

Which ETF is attracting more investor money: GVLE or PFM?

Year-to-date, the GVLE ETF saw -$9M in flows, compared to -$35M for PFM.

Which ETF is bigger: GVLE or PFM?

As of October 28, 2026, GVLE holds $40.62 M in assets under management (AUM), while PFM manages $807.92 M.

What sectors do the GVLE and PFM ETFs invest in?

GVLE leans toward sectors like Finance, Consumer Non-Cyclicals and Technology. Meanwhile, PFM focuses on Technology, Finance and Healthcare.

What are the top holdings of the GVLE ETF and PFM ETF?

GVLE top holdings include Amazon.com, Inc., Microsoft Corp. and JPMorgan Chase & Co.. PFM holds in its top three: Microsoft Corp., Eli Lilly & Co. and Apple, Inc..

Which ETF is more diversified: GVLE or PFM?

GVLE holds 31 securities with 66.25% of its assets in the top 15. PFM has 428 securities and a top 15 weight of 38.18%.

Dividend Growth, High Yield, & Dividend Quality ETFs: What's the Difference?

October 20, 2023

PFM

GVLEvsPFMETF Comparison

Goldman Sachs Value Opportunities ETF

Invesco Dividend Achievers ETF

GVLE vs PFM performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the GVLE and PFM ETFs performed in 2026?

As of October 28, 2026, GVLE is up 19.43% year-to-date (YTD), while PFM has returned 13.52%. That puts GVLE better performer ahead so far this year.

Which ETF is attracting more investor money: GVLE or PFM?

Year-to-date, the GVLE ETF saw -$9M in flows, compared to -$35M for PFM.

Which ETF is bigger: GVLE or PFM?

As of October 28, 2026, GVLE holds $40.62 M in assets under management (AUM), while PFM manages $807.92 M.

What sectors do the GVLE and PFM ETFs invest in?

GVLE leans toward sectors like Finance, Consumer Non-Cyclicals and Technology. Meanwhile, PFM focuses on Technology, Finance and Healthcare.

What are the top holdings of the GVLE ETF and PFM ETF?

GVLE top holdings include Amazon.com, Inc., Microsoft Corp. and JPMorgan Chase & Co.. PFM holds in its top three: Microsoft Corp., Eli Lilly & Co. and Apple, Inc..

Which ETF is more diversified: GVLE or PFM?

GVLE holds 31 securities with 66.25% of its assets in the top 15. PFM has 428 securities and a top 15 weight of 38.18%.

Dividend Growth, High Yield, & Dividend Quality ETFs: What's the Difference?

ETFs’ Next Act: From Access to Selection