Purpose Cash Management Fund (MNY.TO) Alternatives

Purpose Cash Management Fund (MNY.TO) belongs to the Money Market category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with MNY.TO. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.

Cheapest Alternatives to MNY.TO

MNY.TO charges 0.22% annually. Among ETFs in the Money Market category, these options have the lowest expense ratios among MNY.TO alternatives.

Symbol	Name	Expense Ratio	Inception
CASH.TO	Global X High Interest Savings ETF	0.11%	Nov 1, 2021	MNY.TO vs CASH.TO
ZMMK.TO	BMO Money Market Fund ETF Series	0.13%	Nov 28, 2021	MNY.TO vs ZMMK.TO
CMR.TO	iShares Premium Money Market ETF	0.14%	Feb 19, 2008	MNY.TO vs CMR.TO
CSAV.TO	CI High Interest Savings ETF	0.15%	Jun 14, 2019	MNY.TO vs CSAV.TO
HISU-U.TO	Evolve US High Interest Savings Account Fund	0.15%	Aug 30, 2022	MNY.TO vs HISU-U.TO

Best Risk-Adjusted Alternatives to MNY.TO

Among ETFs in the Money Market category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.

Symbol	Name	Risk / Return Rank	Inception
PSA.TO	Purpose High Interest Savings Fund	100	Oct 15, 2013	MNY.TO vs PSA.TO
CSAV.TO	CI High Interest Savings ETF	100	Jun 14, 2019	MNY.TO vs CSAV.TO
ZMMK.TO	BMO Money Market Fund ETF Series	100	Nov 28, 2021	MNY.TO vs ZMMK.TO
CMR.TO	iShares Premium Money Market ETF	100	Feb 19, 2008	MNY.TO vs CMR.TO
CASH.TO	Global X High Interest Savings ETF	99	Nov 1, 2021	MNY.TO vs CASH.TO

Top Performing MNY.TO Alternatives (YTD)

MNY.TO alternatives from the Money Market category, sorted by year-to-date return.

Symbol	Name	YTD Return	Inception
HSUV-U.TO	Global X USD Cash Maximizer Corporate Class ETF	0.76%	Jun 30, 2020	MNY.TO vs HSUV-U.TO
HISU-U.TO	Evolve US High Interest Savings Account Fund	0.60%	Aug 30, 2022	MNY.TO vs HISU-U.TO
CMR.TO	iShares Premium Money Market ETF	0.58%	Feb 19, 2008	MNY.TO vs CMR.TO
CMNY.TO	CI Money Market ETF CAD Series	0.57%	Jul 25, 2023	MNY.TO vs CMNY.TO
ZMMK.TO	BMO Money Market Fund ETF Series	0.57%	Nov 28, 2021	MNY.TO vs ZMMK.TO

Lowest Volatility Alternatives to MNY.TO

MNY.TO alternatives from the Money Market category, sorted by annualized volatility over the past year.

Symbol	Name	Volatility 1Y	Inception
CSAV.TO	CI High Interest Savings ETF	0.23%	Jun 14, 2019	MNY.TO vs CSAV.TO
CMR.TO	iShares Premium Money Market ETF	0.23%	Feb 19, 2008	MNY.TO vs CMR.TO
PSA.TO	Purpose High Interest Savings Fund	0.24%	Oct 15, 2013	MNY.TO vs PSA.TO
CASH.TO	Global X High Interest Savings ETF	0.26%	Nov 1, 2021	MNY.TO vs CASH.TO
ZMMK.TO	BMO Money Market Fund ETF Series	0.26%	Nov 28, 2021	MNY.TO vs ZMMK.TO

Lowest Drawdown Alternatives to MNY.TO

MNY.TO alternatives from the Money Market category, sorted by maximum drawdown over the past year.

Symbol	Name	Max Drawdown 1Y	Inception
CSAV.TO	CI High Interest Savings ETF	-0.02%	Jun 14, 2019	MNY.TO vs CSAV.TO
PSA.TO	Purpose High Interest Savings Fund	-0.02%	Oct 15, 2013	MNY.TO vs PSA.TO
ZMMK.TO	BMO Money Market Fund ETF Series	-0.03%	Nov 28, 2021	MNY.TO vs ZMMK.TO
CMNY.TO	CI Money Market ETF CAD Series	-0.06%	Jul 25, 2023	MNY.TO vs CMNY.TO
HISU-U.TO	Evolve US High Interest Savings Account Fund	-0.09%	Aug 30, 2022	MNY.TO vs HISU-U.TO

Other ETFs from Purpose Investments

Most popular Purpose Investments ETFs on PortfoliosLab, across asset classes.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
BTCC.TO	Purpose Bitcoin CAD ETF Currency Hedged Units	Cryptocurrency	5	-23.52%	Nov 9, 2021	MNY.TO vs BTCC.TO
YTSL.NEO	Tesla (TSLA) Yield Shares Purpose ETF	Derivative Income	78	-17.92%	Dec 19, 2022	MNY.TO vs YTSL.NEO
SBT.TO	Purpose Silver Bullion Fund	Precious Metals	86	5.57%	May 25, 2016	MNY.TO vs SBT.TO
PDIV.TO	Purpose Enhanced Dividend Fund ETF	Dividend	78	1.14%	Jan 2, 2018	MNY.TO vs PDIV.TO
YNVD.NEO	NVIDIA (NVDA) Yield Shares Purpose ETF	Derivative Income	89	-5.25%	Jan 18, 2024	MNY.TO vs YNVD.NEO
KILO-B.TO	Purpose Gold Bullion Fund ETF Non-Currency Hedged	Gold, Precious Metals	84	9.94%	Oct 15, 2018	MNY.TO vs KILO-B.TO
BTCC-B.TO	Purpose Bitcoin ETF Non-Currency Hedged Units	Cryptocurrency	5	-21.65%	Oct 14, 2021	MNY.TO vs BTCC-B.TO
BTCY.TO	Purpose Bitcoin Yield ETF - ETF Units		4	-26.66%	Dec 2, 2021	MNY.TO vs BTCY.TO
YAMZ.NEO	Amazon (AMZN) Yield Shares Purpose ETF	Derivative Income	23	-11.29%	Dec 19, 2022	MNY.TO vs YAMZ.NEO
BRKY.NEO	Berkshire Hathaway Yield Shares Purpose ETF	Large Cap Blend Equities	2	-6.15%	Dec 19, 2022	MNY.TO vs BRKY.NEO

Often Compared With MNY.TO

What investors most often compare with MNY.TO, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
CBIL.TO	Global X 0-3 Month T-Bill ETF	Canadian Government Bonds	99	0.30%	Apr 12, 2023	MNY.TO vs CBIL.TO
ZST.TO	BMO Ultra Short-Term Bond ETF	Canadian Government Bonds, Ultrashort Bond	74	0.59%	Jan 27, 2011	MNY.TO vs ZST.TO
HSAV.TO	Global X Cash Maximizer Corporate Class ETF	Bank Loan	96	1.13%	Feb 5, 2020	MNY.TO vs HSAV.TO
TCSH.TO	TD Cash Management ETF	Canadian Government Bonds	99	0.37%	Feb 15, 2024	MNY.TO vs TCSH.TO
DXV.TO	Dynamic Active Investment Grade Floating Rate ETF		97	0.54%	—	MNY.TO vs DXV.TO
PINC.TO	Purpose Multi-Asset Income Fund		89	5.13%	—	MNY.TO vs PINC.TO
MNY	MoneyHero Limited Class A Ordinary Shares		70	4.76%	—	MNY.TO vs MNY
RITA	ETFB Green SRI REITs ETF	REIT	18	0.36%	Dec 8, 2021	MNY.TO vs RITA
GERM	Amplify Treatments, Testing and Advancements ETF	Health & Biotech Equities	—	0.00%	Jun 17, 2020	MNY.TO vs GERM
SYLD.TO	Purpose Strategic Yield Fund		94	0.15%	—	MNY.TO vs SYLD.TO
ETFRX	North Square Tactical Defensive Fund	Tactical Allocation	25	-3.09%	Sep 14, 2006	MNY.TO vs ETFRX
ETFOX	North Square Tactical Growth Fund	Tactical Allocation	44	-5.25%	Apr 29, 2004	MNY.TO vs ETFOX
GYRO	Gyrodyne, LLC		38	-12.01%	—	MNY.TO vs GYRO
MCAD.TO	Evolve Premium Cash Management ETF	Short-Term Bond	100	0.56%	May 26, 2023	MNY.TO vs MCAD.TO
MNYWW	MoneyHero Limited Warrants		75	98.60%	—	MNY.TO vs MNYWW
MJUS	ETFMG U.S. Alternative Harvest ETF	Actively Managed, Cannabis	—	—	May 12, 2021	MNY.TO vs MJUS
IPAY	ETFMG Prime Mobile Payments ETF	Technology Equities	2	-17.75%	Jul 15, 2015	MNY.TO vs IPAY
GHH.L	Gooch & Housego plc		83	25.81%	—	MNY.TO vs GHH.L
MJ	ETFMG Alternative Harvest ETF	Small Cap Blend Equities, Cannabis	27	-22.73%	Dec 2, 2015	MNY.TO vs MJ
HACK	ETFMG Prime Cyber Security ETF	Technology Equities, Cybersecurity	17	-6.57%	Nov 11, 2014	MNY.TO vs HACK

Compare MNY.TO with Any Fund or Stock

Compare MNY.TO with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

Symbol name

Purpose Cash Management Fund

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