PFMvsDGROETF Comparison
VS
Invesco Dividend Achievers ETF (PFM) and iShares Core Dividend Growth ETF (DGRO) belong to the same industry segment: US High Dividend. PFM's top 3 sector exposures are Technology, Finance and Healthcare. In contrast, DGRO's top sector exposures are Finance, Healthcare and Technology. PFM is more expensive with a Total Expense Ratio (TER) of 0.52%, versus 0.08% for DGRO. PFM is up 9.99% year-to-date (YTD) with -$32M in YTD flows. DGRO performs better with 13.18% YTD performance, and +$2.20B in YTD flows. Run a side-by-side ETF comparison of PFM and DGRO below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
Find out how industry players manage ETF portfolios. Discover our library of Model portfolios
PFM vs DGRO performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 07/24/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | PFM DGRO | +2.42%+3.47% | +5.21%+7.44% | +9.99%+13.18% | +16.31%+21.25% | +50.58%+56.54% | +65.53%+69.13% |
| Flows | PFM DGRO | -$1M+$365M | -$6M+$744M | -$32M+$2.20B | -$30M+$3.44B | -$135M+$5.57B | -$160M+$9.57B |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | PFM DGRO | +8.30%+9.18% | +9.43%+9.61% | +11.81%+11.80% | +13.47%+13.84% |
| Max drawdown | PFM DGRO | -1.87%-1.44% | -7.08%-6.47% | -14.65%-13.94% | -17.94%-19.37% |
| Max drawdown duration | PFM DGRO | 27d16d | 77d77d | 128d208d | 561d708d |
Trading data
PFM | DGRO | |
Last sale 7/27/2026 at 1:30 PM | $56.49 | $78.20 |
| Previous close 07/24/2026 | $56.19 | $77.84 |
| Consolidated volume 07/24/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of June 30, 2026
1-year trailing difference
Create an account to view replication metrics
Join for free
PFM | DGRO | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
Advertisement
Main metrics
Last update 7/27/2026 at 1:30 PM
Live
Closed
PFM | DGRO | |
|---|---|---|
| Last price | $56.49 | $78.20 |
| 1D performance | +0.53% | +0.46% |
| AuM | $788.15 M | $42.63 B |
| E/R | 0.52% | 0.08% |
Characteristics
PFM | DGRO | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | Invesco | iShares |
| Benchmark | NASDAQ US Broad Dividend Achievers Index | Morningstar US Dividend Growth Index |
| N° of holdings | 430 | 385 |
| Asset class | Equities | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | September 15, 2005 | June 10, 2014 |
| ESG | No | No |
Advertisement
Exposure
Countries
PFM
USA
95.88%
Other
4.12%
DGRO
USA
94.76%
Other
5.24%
Sectors
PFM
Technology
22.81%
Finance
20.04%
Healthcare
16.81%
Consumer Non-Cycl.
11.56%
Industrials
9.72%
Other
19.07%
DGRO
Finance
19.74%
Healthcare
17.79%
Technology
16.84%
Consumer Non-Cycl.
12.41%
Industrials
9.4%
Utilities
7.25%
Other
16.57%
Advertisement
Diversification
PFM
Total weight of top 15 holdings out of 15
37.31%
DGRO
Total weight of top 15 holdings out of 15
35.46%
Top 15 holdings
Data as of June 30, 2026
PFM
Eli Lilly & Co.
4.18%
Apple, Inc.
3.63%
Walmart, Inc.
3.39%
Microsoft Corp.
3.31%
Broadcom Inc.
3.26%
JPMorgan Chase & Co.
3.24%
Johnson & Johnson
2.25%
Exxon Mobil Corp.
2.08%
Visa, Inc.
2.05%
Lam Research Corp.
1.74%
Caterpillar, Inc.
1.69%
Cisco Systems, Inc.
1.65%
AbbVie, Inc.
1.65%
Mastercard, Inc.
1.61%
Oracle Corp.
1.57%
DGRO
Johnson & Johnson
3.12%
AbbVie, Inc.
3.05%
JPMorgan Chase & Co.
3.03%
Apple, Inc.
2.76%
Microsoft Corp.
2.67%
Exxon Mobil Corp.
2.60%
Broadcom Inc.
2.55%
The Home Depot, Inc.
2.33%
Procter & Gamble Co.
2.26%
Philip Morris International, Inc.
2.08%
Merck & Co., Inc.
1.94%
The Coca-Cola Co.
1.87%
UnitedHealth Group, Inc.
1.81%
Bank of America Corp.
1.73%
PepsiCo, Inc.
1.66%
Frequently asked questions about PFM and DGRO
How have the PFM and DGRO ETFs performed in 2026?
As of July 24, 2026, PFM is up 9.99% year-to-date (YTD), while DGRO has returned 13.18%. That puts DGRO better performer ahead so far this year.
Which ETF is attracting more investor money: PFM or DGRO?
Year-to-date, the PFM ETF saw -$32M in flows, compared to +$2.20B for DGRO.
Which ETF is more volatile: PFM or DGRO?
Over the past year, PFM had a volatility of 9.43%, while DGRO experienced 9.61%.
Which ETF is bigger: PFM or DGRO?
As of July 24, 2026, PFM holds $788.15 M in assets under management (AUM), while DGRO manages $42.63 B.
What sectors do the PFM and DGRO ETFs invest in?
PFM leans toward sectors like Technology, Finance and Healthcare. Meanwhile, DGRO focuses on Finance, Healthcare and Technology.
What are the top holdings of the PFM ETF and DGRO ETF?
PFM top holdings include Eli Lilly & Co., Apple, Inc. and Walmart, Inc.. DGRO holds in its top three: Johnson & Johnson, AbbVie, Inc. and JPMorgan Chase & Co..
Which ETF is more diversified: PFM or DGRO?
PFM holds 431 securities with 37.31% of its assets in the top 15. DGRO has 390 securities and a top 15 weight of 35.46%.
Advertisement
Latest news about PFM & DGRO
ETF Comparison: Vanguard Dividend Appreciation ETF (VIG) Versus iShares Core Dividend Growth ETF (DGRO)
October 22, 2024
DGRO
ETF Comparison: iShares Core Dividend Growth ETF (DGRO) Versus ProShares S&P 500 Dividend Aristocrats ETF (NOBL)
October 1, 2024
DGRO
Tony's ETF Buyer's Guide: Dividend Growth ETFs
March 1, 2024
DGRO
Advertisement
Why Focusing on Quality is Timeless for Equity Investing
February 2, 2024
DGRO
Why Focusing on Quality is Timeless for Equity Investing
February 2, 2024
DGRO
The Two Best Dividend ETFs For Beginner Investors in 2024
January 25, 2024
DGRO
Advertisement
