PFMvsUSMVETF Comparison
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Invesco Dividend Achievers ETF (PFM) belongs to the US High Dividend segment. iShares MSCI USA Min Vol Factor ETF (USMV) is part of the US Low Volatility segment. Both ETFs have the same top 3 sector exposures: Information Technology, Health Care and Financials. PFM is more expensive with a Total Expense Ratio (TER) of 0.52%, versus 0.15% for USMV. PFM is up 3.92% year-to-date (YTD) with -$26M in YTD flows. USMV performs worse with -0.24% YTD performance, and +$35M in YTD flows. Run a side-by-side ETF comparison of PFM and USMV 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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PFM vs USMV performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 04/28/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | PFM USMV | +6.32%+2.64% | +1.72%-1.46% | +3.92%-0.24% | +21.28%+4.30% | +50.01%+34.23% | +63.08%+41.18% |
| Flows | PFM USMV | -$3M-$112M | -$16M-$68M | -$26M+$35M | -$40M-$1.53B | -$169M-$12.84B | -$127M-$13.05B |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | PFM USMV | +11.45%+9.21% | +10.03%+8.64% | +11.91%+10.10% | +13.57%+12.22% |
| Max drawdown | PFM USMV | -7.08%-6.41% | -7.08%-6.41% | -14.65%-9.29% | -17.94%-17.91% |
| Max drawdown duration | PFM USMV | 76d57d | 76d57d | 128d75d | 561d713d |
Trading data
PFM | USMV | |
Last sale 4/29/2026 at 1:30 PM | $53.28 | $93.88 |
| Previous close 04/28/2026 | $53.28 | $93.78 |
| Consolidated volume 04/28/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of March 31, 2026
1-year trailing difference
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PFM | USMV | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
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Main metrics
Last update 4/29/2026 at 1:30 PM
Live
Closed
PFM | USMV | |
|---|---|---|
| Last price | $53.28 | $93.88 |
| 1D performance | +0.01% | +0.11% |
| AuM | $753.10 M | $22.67 B |
| E/R | 0.52% | 0.15% |
Characteristics
PFM | USMV | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | Invesco | iShares |
| Benchmark | NASDAQ US Broad Dividend Achievers Index | MSCI USA Minimum Volatility Index |
| N° of holdings | 425 | 165 |
| Asset class | Equities | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | September 15, 2005 | October 18, 2011 |
| ESG | No | No |
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Exposure
Countries
PFM
USA
96.16%
Other
3.84%
USMV
USA
93.47%
Other
6.53%
Sectors
PFM
Information Techn.
24.81%
Health Care
15.75%
Financials
13.83%
Consumer Staples
12.27%
Industrials
11.04%
Other
22.3%
USMV
Information Techn.
28.67%
Health Care
13.36%
Financials
11.81%
Consumer Staples
9.9%
Utilities
7.7%
Industrials
7.1%
Other
21.47%
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Diversification
PFM
Total weight of top 15 holdings out of 15
38.59%
USMV
Total weight of top 15 holdings out of 15
22.71%
Top 15 holdings
Data as of March 31, 2026
PFM
APPLE
4.05%
BROADCOM LIMITED
4.04%
MICROSOFT-T
3.90%
WALMART INC
3.86%
LILLY
3.26%
JPMORGAN CHASE
3.00%
EXXON
2.81%
JOHNSON&JOHNSON
2.28%
VISA INCORPORATION
1.96%
COSTCO WHOLESALE
1.72%
MASTERCARD
1.69%
CHEVRON TEXACO
1.66%
ORACLE SYS
1.58%
ABBVIE
1.46%
BK OF AMERICA CO
1.33%
USMV
EXXON
1.79%
DUKE ENERGY
1.60%
VERIZON COMMUNICATIONS
1.58%
CISCO-T
1.56%
SOUTHERN
1.56%
JOHNSON&JOHNSON
1.55%
CHUBB LTD
1.52%
WASTE MANAGEMENT
1.48%
MOTOROLA SOLUTIONS
1.46%
BERKSHIRE HATHWAY
1.46%
NVIDIA
1.46%
VERTEX PHARMACEUTICALS
1.45%
MICROSOFT-T
1.44%
MCKESSON
1.41%
CONSOLIDATED EDISON
1.39%
Frequently asked questions about PFM and USMV
How have the PFM and USMV ETFs performed in 2026?
As of April 28, 2026, PFM is up 3.92% year-to-date (YTD), while USMV has lost -0.24%. That puts PFM better performer ahead so far this year.
Which ETF is attracting more investor money: PFM or USMV?
Year-to-date, the PFM ETF saw -$26M in flows, compared to +$35M for USMV.
Which ETF is more volatile: PFM or USMV?
Over the past year, PFM had a volatility of 10.03%, while USMV experienced 8.64%.
Which ETF is bigger: PFM or USMV?
As of April 28, 2026, PFM holds $753.10 M in assets under management (AUM), while USMV manages $22.67 B.
What sectors do the PFM and USMV ETFs invest in?
PFM leans toward sectors like Information Technology, Health Care and Financials. Meanwhile, USMV focuses on Information Technology, Health Care and Financials.
What are the top holdings of the PFM ETF and USMV ETF?
PFM top holdings include APPLE, BROADCOM LIMITED and MICROSOFT-T. USMV holds in its top three: EXXON, DUKE ENERGY and VERIZON COMMUNICATIONS.
Which ETF is more diversified: PFM or USMV?
PFM holds 430 securities with 38.59% of its assets in the top 15. USMV has 171 securities and a top 15 weight of 22.71%.
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