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 13.17% year-to-date (YTD) with -$35M in YTD flows. DGRO performs better with 16.77% YTD performance, and +$3.03B 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 10/27/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | PFM DGRO | +3.95%+4.92% | +2.39%+2.70% | +13.17%+16.77% | +13.33%+17.91% | +71.37%+80.33% | +65.80%+70.24% |
| Flows | PFM DGRO | -$3M+$265M | -$3M+$828M | -$35M+$3.03B | -$25M+$3.84B | -$100M+$6.21B | -$179M+$9.86B |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | PFM DGRO | +8.25%+8.69% | +9.35%+9.60% | +11.71%+11.70% | +13.40%+13.78% |
| Max drawdown | PFM DGRO | -5.17%-5.35% | -7.08%-6.47% | -14.65%-13.94% | -17.94%-19.37% |
| Max drawdown duration | PFM DGRO | 75d63d | 77d77d | 128d208d | 561d708d |
Trading data
PFM | DGRO | |
Last sale 10/28/2026 at 1:30 PM | $57.83 | $80.10 |
| Previous close 10/27/2026 | $57.66 | $79.95 |
| Consolidated volume 10/27/2026 | ||
| 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
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 10/28/2026 at 1:30 PM
Live
Closed
PFM | DGRO | |
|---|---|---|
| Last price | $57.83 | $80.10 |
| 1D performance | +0.29% | +0.19% |
| AuM | $805.44 M | $44.62 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 | 428 | 387 |
| 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
96.39%
Other
3.61%
DGRO
USA
95.24%
Other
4.76%
Sectors
PFM
Technology
23.17%
Finance
20.9%
Healthcare
17.13%
Consumer Non-Cycl.
10.9%
Industrials
9.55%
Other
18.35%
DGRO
Finance
20.35%
Healthcare
18.35%
Technology
16.98%
Consumer Non-Cycl.
12.14%
Industrials
9.49%
Other
22.7%
Advertisement
Diversification
PFM
Total weight of top 15 holdings out of 15
38.18%
DGRO
Total weight of top 15 holdings out of 15
36.56%
Top 15 holdings
Data as of August 31, 2026
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%
DGRO
Microsoft Corp.
3.50%
JPMorgan Chase & Co.
3.17%
Johnson & Johnson
3.14%
AbbVie, Inc.
2.99%
ExxonMobil Holdings Corp.
2.94%
Apple, Inc.
2.90%
Broadcom Inc.
2.40%
Procter & Gamble Co.
2.15%
Merck & Co., Inc.
2.15%
The Home Depot, Inc.
2.09%
Philip Morris International, Inc.
2.07%
The Coca-Cola Co.
1.96%
Bank of America Corp.
1.81%
PepsiCo, Inc.
1.65%
UnitedHealth Group, Inc.
1.63%
Frequently asked questions about PFM and DGRO
How have the PFM and DGRO ETFs performed in 2026?
As of October 27, 2026, PFM is up 13.17% year-to-date (YTD), while DGRO has returned 16.77%. 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 -$35M in flows, compared to +$3.03B for DGRO.
Which ETF is more volatile: PFM or DGRO?
Over the past year, PFM had a volatility of 9.35%, while DGRO experienced 9.6%.
Which ETF is bigger: PFM or DGRO?
As of October 27, 2026, PFM holds $805.44 M in assets under management (AUM), while DGRO manages $44.62 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 Microsoft Corp., Eli Lilly & Co. and Apple, Inc.. DGRO holds in its top three: Microsoft Corp., JPMorgan Chase & Co. and Johnson & Johnson.
Which ETF is more diversified: PFM or DGRO?
PFM holds 428 securities with 38.18% of its assets in the top 15. DGRO has 391 securities and a top 15 weight of 36.56%.
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
