Invesco Dividend Achievers Etf Profile

PFM Etf  USD 42.49  0.51  1.21%   

Performance

16 of 100

 
Low
 
High
Solid

Odds Of Distress

Less than 9

 
100  
 
Zero
Low
Invesco Dividend is selling at 42.49 as of the 28th of March 2024; that is 1.21 percent up since the beginning of the trading day. The etf's lowest day price was 42.15. Invesco Dividend has less than a 9 % chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for Invesco Dividend Achievers are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 28th of March 2024. Click here to learn more.
The fund generally will invest at least 90 percent of its total assets in securities that comprise the underlying index. Dividend Achievers is traded on NASDAQ Exchange in the United States. The company has 12.95 M outstanding shares. More on Invesco Dividend Achievers

Moving together with Invesco Etf

  0.98VTV Vanguard Value IndexPairCorr
  0.96VYM Vanguard High DividendPairCorr
  0.96IWD IShares Russell 1000PairCorr
  1.0DGRO IShares Core DividendPairCorr
  0.94IVE IShares SP 500PairCorr
  0.96SPYV SPDR Portfolio SPPairCorr

Moving against Invesco Etf

  0.79YCL ProShares Ultra YenPairCorr
  0.74FXY Invesco CurrencySharesPairCorr
  0.6CYB CYBPairCorr

Invesco Etf Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Invesco Dividend's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Invesco Dividend or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
President CEO, DirectorAlvaro Pombo
Thematic Ideas
(View all Themes)
Old Names[PennyMac Financial Services Inc, Pacific Mining Limited, Powershares Dividend Achievers Portfolio]
Business ConcentrationHigh Dividend Yield ETFs, Strategy ETFs, Large Value, Invesco (View all Sectors)
IssuerInvesco
Inception Date2005-09-15
BenchmarkNASDAQ US Broad Dividend Achievers Index
Entity TypeRegulated Investment Company
Asset Under Management652.95 Million
Average Trading Valume19,773.4
Asset TypeEquity
CategoryStrategy
FocusHigh Dividend Yield
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorThe Bank of New York Mellon Corporation
AdvisorInvesco Capital Management LLC
CustodianThe Bank of New York Mellon Corporation
DistributorInvesco Distributors, Inc.
Portfolio ManagerPeter Hubbard, Michael Jeanette, Pratik Doshi, Tony Seisser
Transfer AgentThe Bank of New York Mellon Corporation
Fiscal Year End30-Apr
ExchangeNASDAQ
Number of Constituents427
Market MakerCitadel
Total Expense0.53
Management Fee0.4
Country NameUSA
Returns Y T D5.69
NameInvesco Dividend Achievers ETF
Currency CodeUSD
Open FigiBBG000BBPKX4
In Threey Volatility15.41
1y Volatility12.36
200 Day M A38.775
50 Day M A41.1388
CodePFM
Updated At27th of March 2024
Currency NameUS Dollar
Invesco Dividend Achievers [PFM] is traded in USA and was established 2005-09-15. The fund is classified under Large Value category within Invesco family. The entity is thematically classified as High Dividend Yield ETFs. Invesco Dividend Ach at this time have 628.11 M in assets. , while the total return for the last 3 years was 8.5%.
Check Invesco Dividend Probability Of Bankruptcy

Geographic Allocation (%)

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Invesco Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Invesco Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Invesco Dividend Achievers Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top Invesco Dividend Achievers Etf Constituents

PEPPepsiCoStockConsumer Staples
XOMExxon Mobil CorpStockEnergy
WMTWalmartStockConsumer Staples
VZVerizon CommunicationsStockCommunication Services
VVisa Class AStockFinancials
UNHUnitedHealth Group IncorporatedStockHealth Care
TATT IncStockCommunication Services
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Invesco Dividend Target Price Odds Analysis

Contingent on a normal probability distribution, the odds of Invesco Dividend jumping above the current price in 90 days from now is roughly 2.4%. The Invesco Dividend Achievers probability density function shows the probability of Invesco Dividend etf to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Invesco Dividend has a beta of 0.8532 indicating Invesco Dividend Achievers market returns are highly reactive to returns on the market. As the market goes up or down, Invesco Dividend is expected to follow. Additionally, invesco Dividend Achievers has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 42.49HorizonTargetOdds Above 42.49
97.53%90 days
 42.49 
2.40%
Based on a normal probability distribution, the odds of Invesco Dividend to move above the current price in 90 days from now is roughly 2.4 (This Invesco Dividend Achievers probability density function shows the probability of Invesco Etf to fall within a particular range of prices over 90 days) .

Invesco Dividend Top Holders

DWATArrow DWA TacticalEtfTactical Allocation
DWTFXArrow Dwa TacticalMutual FundTactical Allocation
DWTNXArrow Dwa TacticalMutual FundTactical Allocation
DWTTXArrow Dwa TacticalMutual FundTactical Allocation
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Invesco Dividend Ach Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Invesco Dividend market risk premium is the additional return an investor will receive from holding Invesco Dividend long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Invesco Dividend. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Invesco Dividend's alpha and beta are two of the key measurements used to evaluate Invesco Dividend's performance over the market, the standard measures of volatility play an important role as well.

Invesco Dividend Against Markets

Picking the right benchmark for Invesco Dividend etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Invesco Dividend etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Invesco Dividend is critical whether you are bullish or bearish towards Invesco Dividend Achievers at a given time. Please also check how Invesco Dividend's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Invesco Dividend without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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How to buy Invesco Etf?

Before investing in Invesco Dividend, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Invesco Dividend. To buy Invesco Dividend etf, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Invesco Dividend. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Invesco Dividend etf. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Invesco Dividend Achievers etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Invesco Dividend Achievers etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as Invesco Dividend Achievers, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Invesco Etf please use our How to Invest in Invesco Dividend guide.

Already Invested in Invesco Dividend Achievers?

The danger of trading Invesco Dividend Achievers is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Invesco Dividend is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Invesco Dividend. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Invesco Dividend Ach is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Invesco Dividend Ach is a strong investment it is important to analyze Invesco Dividend's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Invesco Dividend's future performance. For an informed investment choice regarding Invesco Etf, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Invesco Dividend Achievers. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in census.
Note that the Invesco Dividend Ach information on this page should be used as a complementary analysis to other Invesco Dividend's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

Complementary Tools for Invesco Etf analysis

When running Invesco Dividend's price analysis, check to measure Invesco Dividend's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Invesco Dividend is operating at the current time. Most of Invesco Dividend's value examination focuses on studying past and present price action to predict the probability of Invesco Dividend's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Invesco Dividend's price. Additionally, you may evaluate how the addition of Invesco Dividend to your portfolios can decrease your overall portfolio volatility.
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The market value of Invesco Dividend Ach is measured differently than its book value, which is the value of Invesco that is recorded on the company's balance sheet. Investors also form their own opinion of Invesco Dividend's value that differs from its market value or its book value, called intrinsic value, which is Invesco Dividend's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Invesco Dividend's market value can be influenced by many factors that don't directly affect Invesco Dividend's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Invesco Dividend's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco Dividend is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco Dividend's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.