PBD.TO Alternatives & Similar ETFs

Purpose Total Return Bond Fund (PBD.TO) belongs to the Multisector Bonds category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with PBD.TO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to PBD.TO

PBD.TO charges 0.88% annually. There are 5 ETFs in the Multisector Bonds category with lower expense ratios, going as low as 0.42%.

Symbol	Name	Expense Ratio	AUM	Inception
CAPM.TO	Capital Group Multi-Sector Income Select ETF (Cana...	0.42%	—	Oct 2024	PBD.TO vs CAPM.TO
PCOR.TO	PIMCO Managed Core Bond Pool	0.64%	2.44B	Feb 2020	PBD.TO vs PCOR.TO
PMIF-U.TO	PIMCO Monthly Income Fund (Canada)	0.84%	—	Sep 2018	PBD.TO vs PMIF-U.TO
PMIF.TO	PIMCO Monthly Income Fund (Canada)	0.86%	39.17B	Sep 2017	PBD.TO vs PMIF.TO
PLDI.TO	PIMCO Low Duration Monthly Income Fund (Canada)	0.87%	1.36B	Feb 2019	PBD.TO vs PLDI.TO

Best Risk-Adjusted Alternatives to PBD.TO

PBD.TO has a PortfoliosLab risk / return rank of 22. There are 7 ETFs in the Multisector Bonds category with higher risk-adjusted ranks, going as high as 96.

Symbol	Name	Risk / Return Rank	AUM	Inception
CROP.TO	Purpose Credit Opportunities Fund	96	—	Sep 2021	PBD.TO vs CROP.TO
PMIF-U.TO	PIMCO Monthly Income Fund (Canada)	72	—	Sep 2018	PBD.TO vs PMIF-U.TO
CMDO.TO	CI Alternative Diversified Opportunities Fund	71	—	Aug 2021	PBD.TO vs CMDO.TO
PMIF.TO	PIMCO Monthly Income Fund (Canada)	43	39.17B	Sep 2017	PBD.TO vs PMIF.TO
CAPM.TO	Capital Group Multi-Sector Income Select ETF (Cana...	37	—	Oct 2024	PBD.TO vs CAPM.TO

Top Performing PBD.TO Alternatives (YTD)

PBD.TO is at 0.08% YTD. There are 3 ETFs in the Multisector Bonds category with higher YTD returns, going as high as 3.58%.

Symbol	Name	YTD Return	AUM	Inception
CROP.TO	Purpose Credit Opportunities Fund	3.58%	—	Sep 2021	PBD.TO vs CROP.TO
CMDO.TO	CI Alternative Diversified Opportunities Fund	1.93%	—	Aug 2021	PBD.TO vs CMDO.TO
PMIF-U.TO	PIMCO Monthly Income Fund (Canada)	0.38%	—	Sep 2018	PBD.TO vs PMIF-U.TO
CAPM.TO	Capital Group Multi-Sector Income Select ETF (Cana...	-0.20%	—	Oct 2024	PBD.TO vs CAPM.TO
PLDI.TO	PIMCO Low Duration Monthly Income Fund (Canada)	-0.39%	1.36B	Feb 2019	PBD.TO vs PLDI.TO

Lowest Volatility Alternatives to PBD.TO

PBD.TO has 3.85% 1-year volatility. There are 5 ETFs in the Multisector Bonds category with lower 1-year volatility, going as low as 2.93%.

Symbol	Name	Volatility 1Y	AUM	Inception
CAPM.TO	Capital Group Multi-Sector Income Select ETF (Cana...	2.93%	—	Oct 2024	PBD.TO vs CAPM.TO
CROP.TO	Purpose Credit Opportunities Fund	3.16%	—	Sep 2021	PBD.TO vs CROP.TO
CMDO.TO	CI Alternative Diversified Opportunities Fund	3.40%	—	Aug 2021	PBD.TO vs CMDO.TO
PMIF-U.TO	PIMCO Monthly Income Fund (Canada)	3.44%	—	Sep 2018	PBD.TO vs PMIF-U.TO
PMIF.TO	PIMCO Monthly Income Fund (Canada)	3.70%	39.17B	Sep 2017	PBD.TO vs PMIF.TO

Lowest Drawdown Alternatives to PBD.TO

PBD.TO has a 1-year max drawdown of -2.19%. There are 3 ETFs in the Multisector Bonds category with shallower 1-year drawdowns, going as shallow as -0.91%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
CROP.TO	Purpose Credit Opportunities Fund	-0.91%	—	Sep 2021	PBD.TO vs CROP.TO
CMDO.TO	CI Alternative Diversified Opportunities Fund	-1.54%	—	Aug 2021	PBD.TO vs CMDO.TO
PLDI.TO	PIMCO Low Duration Monthly Income Fund (Canada)	-2.03%	1.36B	Feb 2019	PBD.TO vs PLDI.TO
CAPM.TO	Capital Group Multi-Sector Income Select ETF (Cana...	-2.50%	—	Oct 2024	PBD.TO vs CAPM.TO
PCOR.TO	PIMCO Managed Core Bond Pool	-3.06%	2.44B	Feb 2020	PBD.TO vs PCOR.TO

Other ETFs from Purpose Investments Inc.

The 10 most viewed Purpose Investments Inc. ETFs shown here include BND.TO, SYLD.TO, PDF.TO and span 17 categories. AUM among these funds goes as high as $3B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
BND.TO	Purpose Global Bond Fund	Global Bonds	41	0.04%	2.50B	Oct 2015	PBD.TO vs BND.TO
SYLD.TO	Purpose Strategic Yield Fund	High Yield Bonds, Corporate Bonds	96	3.38%	526.10M	Apr 2018	PBD.TO vs SYLD.TO
PDF.TO	Purpose Core Dividend Fund	Dividend, Canada Equities, Actively Managed	97	20.07%	473.40M	Sep 2013	PBD.TO vs PDF.TO
BTCY.TO	Purpose Bitcoin Yield ETF	Cryptocurrency, Derivative Income	2	-31.07%	121.00M	Dec 2021	PBD.TO vs BTCY.TO
PAYF.TO	Purpose Enhanced Premium Yield Fund	Derivative Income, Options Trading, Actively Managed	30	3.05%	85.20M	Apr 2019	PBD.TO vs PAYF.TO
PINC.TO	Purpose Multi-Asset Income Fund	Derivative Income, Dividend, Tactical Allocation, Diversified Portfolio	97	18.40%	109.90M	Apr 2018	PBD.TO vs PINC.TO
PRA.TO	Purpose Diversified Real Asset Fund	Diversified Portfolio, Global Allocation, Natural Resources, Actively Managed	95	26.15%	331.30M	Sep 2013	PBD.TO vs PRA.TO
PID.TO	Purpose International Dividend Fund	Foreign Large Cap Equities, Dividend, Actively Managed	81	14.90%	312.20M	Apr 2015	PBD.TO vs PID.TO
IGB.TO	Purpose Global Bond Class	Global Bonds, Investment Grade Bonds, Actively Managed	25	-0.32%	1.20B	Dec 2013	PBD.TO vs IGB.TO
PBI.TO	Purpose Best Ideas Fund	Large Cap Blend Equities, Equal Weight	24	3.12%	70.80M	Apr 2014	PBD.TO vs PBI.TO

Often Compared With PBD.TO

Investors most often compare PBD.TO with ZHY.TO, XFLI.TO, ZFH.TO. These 3 comparison targets span 1 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
ZHY.TO	BMO High Yield US Corporate Bond Hedged to CAD Ind...	High Yield Bonds	27	0.42%	1.53B	Oct 2009	PBD.TO vs ZHY.TO
XFLI.TO	iShares Flexible Monthly Income ETF CAD	High Yield Bonds	50	3.13%	557.60M	Sep 2024	PBD.TO vs XFLI.TO
ZFH.TO	BMO Floating Rate High Yield ETF	High Yield Bonds	42	2.38%	250.56M	Feb 2014	PBD.TO vs ZFH.TO

Compare PBD.TO with Any Fund or Stock

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

Symbol name

Diversifiers

Pair PBD.TO with funds that move differently

Purpose Total Return Bond Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PBD.TO.

Explore PBD.TO Diversifiers

Purpose Total Return Bond Fund (PBD.TO) Alternatives