Is PFM a good investment?

Invesco Dividend Achievers ETF (PFM) is a US dividend ETF. As of September 11, 2026, ETF Copilot scores PFM 5.0 out of 10 — highest on Quality (7.4), lowest on Valuation (2.2). It trades at 24.4 times earnings, against its own median of 21.5. Its ten largest holdings are 31% of the fund.

Updated September 11, 2026

How is PFM rated? ETF Copilot scores Invesco Dividend Achievers ETF (PFM) 5.0 out of 10

As of September 11, 2026, ETF Copilot scores Invesco Dividend Achievers ETF (PFM) 5.0 out of 10 overall.

ETF Copilot scores (0–10 scale, higher is better):

Overall: 5.0 / 10
Growth: 3.4 / 10
Valuation: 2.2 / 10
Risk: 7.0 / 10
Quality: 7.4 / 10
Return: 5.4 / 10

What is PFM's expense ratio? 0.52% a year

As of September 11, 2026, PFM charges 0.52% a year, yields 1.94% and holds $794M in assets across 428 positions.

Invesco Dividend Achievers ETF (PFM) — cost, income and size
Measure	PFM
Expense ratio	0.52%
Dividend yield	1.94%
Assets under management	$794M
Holdings	428

Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.

What stands out in PFM's data

U.S. dividend growers, screened for a decade of rising payouts.

Trades at a richer price than most dividend peers — you pay more for each dollar of earnings.

Its trailing EBITDA multiple of 17.7x is well above the category median of 13.3x, placing it among the most expensive funds in the group.

A core position for portfolios seeking rising income from U.S. dividend payers.

Why did PFM move this week? It fell 1.5% in the week to September 11, 2026 — Eli Lilly and Microsoft drove it

PFM fell 1.5% in the week to September 11, 2026. The holdings that moved it most were Eli Lilly (−3.8%), Microsoft (−2.8%) and Amgen (−15.0%); Exxon Mobil (+2.3%) pushed the other way.

Is PFM expensive right now? It trades at 24.4 times earnings, against its own median of 21.5

As of September 11, 2026, PFM is more expensive than 82% of its own 114 monthly readings since 2017 — 93 of those months were cheaper than today.

Trailing twelve-month, computed by ETF Copilot from the fund's holdings rather than quoted from a data provider, and rebuilt nightly.

What's inside PFM? 23% Tech

What's inside PFM: Size (Large 91%, Mid 8%, Small 2%); Geography (International 4%, US 96%); Tech 22.5%; Magnificent 7 8.5%; AI 7.7%; Semiconductors 7.7%; Memory 5.3%.

What are PFM's top holdings? The ten largest are 31% of the fund

Microsoft, Apple, Eli Lilly, JPMorgan Chase, Broadcom, Walmart, Exxonmobil, Johnson & Johnson, Visa and Mastercard are PFM's largest holdings, in that order.

Less concentrated than 67% of Dividend US ETFs.

Half of PFM's weight sits in its 24 largest positions, and once those weights are taken into account it behaves like 67 equally weighted holdings.

Cite this

ETF Copilot, “Invesco Dividend Achievers ETF (PFM) scores and holdings analysis”, as of September 11, 2026.
https://etf-copilot.com/etf/pfm