Exchange-Traded Funds (ETFs) have become increasingly popular among investors looking for diversified exposure to the stock market. In this article, we will conduct a thorough comparison of two well-known ETFs: PFM (Invesco Dividend Achievers ETF) and DGRO (iShares Select Dividend ETF). We'll explore various aspects, including ETF tickers, full names, issuers, sectors, top holdings, capitalization, strategy, tracking, and exposure.
PFM and DGRO are both dividend-focused ETFs, but they have differences in their investment strategies. PFM aims to provide exposure to companies with a history of consistent dividend growth, while DGRO focuses on high-dividend-yield companies. Understanding these strategies is crucial for investors seeking dividend income in their portfolios.
The ticker symbols and full names of ETFs can provide valuable information. PFM's ticker is PFM, and its full name is the Invesco Dividend Achievers ETF. On the other hand, DGRO's ticker is DGRO, and its full name is the iShares Select Dividend ETF. Knowing the tickers and full names makes it easier for investors to find and track these ETFs in the market.
PFM overlap PFM VS DGRO
Understanding the issuers of ETFs can help investors assess their credibility and reliability. PFM is managed by Invesco, a well-established asset management company, while DGRO is managed by BlackRock's iShares, another reputable player in the financial industry. Knowing the issuers can provide investors with confidence in the ETFs they choose to invest in.
Both PFM and DGRO invest in dividend-paying stocks, but they differ in their sector exposures and top holdings. PFM has a diverse portfolio across various sectors, including consumer discretionary, information technology, and healthcare. DGRO, on the other hand, focuses on sectors such as industrials, financials, and consumer staples. Examining the sectors and top holdings can help investors align their investments with specific sectors or industries.
Capitalization and investment strategy play a significant role in an ETF's performance. PFM has a substantial asset under management (AUM), indicating its popularity among investors seeking consistent dividend growth. DGRO's strategy revolves around selecting companies with a history of high and sustainable dividends. The differences in capitalization and strategy between the two ETFs may result in varying potential returns and risk profiles.
Understanding how ETFs track their underlying indices and the exposure they provide is essential for investors. PFM aims to track the NASDAQ US Broad Dividend Achievers Index, composed of companies with a history of increasing dividends. DGRO tracks the Morningstar US Dividend Select Index, which includes stocks with high dividend yields and strong fundamentals. Investors should consider these tracking methods and exposure strategies when making investment decisions.
PFM and DGRO are distinct ETFs designed for investors with different dividend-focused preferences. To explore in-depth information about their holdings, correlations, overlaps, and various insights, consider using ETF Insider, an easy-to-use app that offers comprehensive details on these and other financial instruments.
Disclaimer: This article does not provide any investment advisory services.
PFM ETF issuer
PFM ETF official page