PDIV.TO Alternatives & Similar ETFs

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

Cheapest Alternatives to PDIV.TO

PDIV.TO charges 0.77% annually. There are 23 ETFs in the Dividend category with lower expense ratios, going as low as 0.09%.

Symbol	Name	Expense Ratio	AUM	Inception
ZDIV.TO	BMO MSCI Canada IMI High Dividend Yield Index ETF	0.09%	—	Feb 2026	PDIV.TO vs ZDIV.TO
XDIV.TO	iShares Core MSCI Canadian Quality Dividend Index ...	0.11%	5.25B	Jun 2017	PDIV.TO vs XDIV.TO
XDU.TO	iShares Core MSCI US Quality Dividend Index ETF	0.16%	286.82M	Jun 2017	PDIV.TO vs XDU.TO
XDUH.TO	iShares Core MSCI US Quality Dividend Index ETF (C...	0.16%	98.69M	Jun 2017	PDIV.TO vs XDUH.TO
VDY.TO	Vanguard FTSE Canadian High Dividend Yield Index E...	0.22%	7.99B	Nov 2012	PDIV.TO vs VDY.TO

Best Risk-Adjusted Alternatives to PDIV.TO

PDIV.TO has a PortfoliosLab risk / return rank of 82. There are 5 ETFs in the Dividend category with higher risk-adjusted ranks, going as high as 98.

Symbol	Name	Risk / Return Rank	AUM	Inception
VDY.TO	Vanguard FTSE Canadian High Dividend Yield Index E...	98	7.99B	Nov 2012	PDIV.TO vs VDY.TO
XDIV.TO	iShares Core MSCI Canadian Quality Dividend Index ...	98	5.25B	Jun 2017	PDIV.TO vs XDIV.TO
TBNK.TO	TD Canadian Bank Dividend Index ETF	96	340.80M	Apr 2023	PDIV.TO vs TBNK.TO
FCCD.TO	Fidelity Canadian High Dividend Index ETF	94	365.90M	Sep 2018	PDIV.TO vs FCCD.TO
CWIN.TO	HAMILTON CHAMPIONS Enhanced Canadian Dividend ETF ...	83	—	Jan 2025	PDIV.TO vs CWIN.TO

Top Performing PDIV.TO Alternatives (YTD)

PDIV.TO is at 7.12% YTD. There are 18 ETFs in the Dividend category with higher YTD returns, going as high as 27.69%.

Symbol	Name	YTD Return	AUM	Inception
DXU.TO	Dynamic Active U.S. Dividend ETF	27.69%	82.94M	Sep 2024	PDIV.TO vs DXU.TO
VDY.TO	Vanguard FTSE Canadian High Dividend Yield Index E...	20.59%	7.99B	Nov 2012	PDIV.TO vs VDY.TO
TBNK.TO	TD Canadian Bank Dividend Index ETF	19.17%	340.80M	Apr 2023	PDIV.TO vs TBNK.TO
XDIV.TO	iShares Core MSCI Canadian Quality Dividend Index ...	19.17%	5.25B	Jun 2017	PDIV.TO vs XDIV.TO
ZDY.TO	BMO US Dividend ETF (CAD)	18.13%	865.68M	Mar 2013	PDIV.TO vs ZDY.TO

Lowest Volatility Alternatives to PDIV.TO

PDIV.TO has 6.79% 1-year volatility. No ETFs in the Dividend category have lower 1-year volatility; the lowest-volatility alternatives shown here go as low as 7.57%.

Symbol	Name	Volatility 1Y	AUM	Inception
VUDV.TO	Vanguard U.S. High Dividend Yield Index ETF	7.57%	—	Mar 2026	PDIV.TO vs VUDV.TO
XDIV.TO	iShares Core MSCI Canadian Quality Dividend Index ...	7.85%	5.25B	Jun 2017	PDIV.TO vs XDIV.TO
VDY.TO	Vanguard FTSE Canadian High Dividend Yield Index E...	8.21%	7.99B	Nov 2012	PDIV.TO vs VDY.TO
FCCD.TO	Fidelity Canadian High Dividend Index ETF	8.37%	365.90M	Sep 2018	PDIV.TO vs FCCD.TO
ZDIV.TO	BMO MSCI Canada IMI High Dividend Yield Index ETF	9.99%	—	Feb 2026	PDIV.TO vs ZDIV.TO

Lowest Drawdown Alternatives to PDIV.TO

PDIV.TO has a 1-year max drawdown of -5.22%. There are 2 ETFs in the Dividend category with shallower 1-year drawdowns, going as shallow as -2.33%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
XDIV.TO	iShares Core MSCI Canadian Quality Dividend Index ...	-2.33%	5.25B	Jun 2017	PDIV.TO vs XDIV.TO
VDY.TO	Vanguard FTSE Canadian High Dividend Yield Index E...	-3.12%	7.99B	Nov 2012	PDIV.TO vs VDY.TO
FCCD.TO	Fidelity Canadian High Dividend Index ETF	-5.67%	365.90M	Sep 2018	PDIV.TO vs FCCD.TO
XDUH.TO	iShares Core MSCI US Quality Dividend Index ETF (C...	-6.08%	98.69M	Jun 2017	PDIV.TO vs XDUH.TO
XDU.TO	iShares Core MSCI US Quality Dividend Index ETF	-6.13%	286.82M	Jun 2017	PDIV.TO vs XDU.TO

Other ETFs from Purpose Investments

The 10 most viewed Purpose Investments ETFs shown here include BTCC.TO, PSA.TO, MNY.TO and span 7 categories. AUM among these funds goes as high as $4B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
BTCC.TO	Purpose Bitcoin CAD ETF Currency Hedged Units	Cryptocurrency	2	-26.80%	1.90B	Nov 2021	PDIV.TO vs BTCC.TO
PSA.TO	Purpose High Interest Savings Fund	Money Market	100	0.89%	4.20B	Oct 2013	PDIV.TO vs PSA.TO
MNY.TO	Purpose Cash Management Fund	Money Market	100	0.95%	2.90B	Sep 2022	PDIV.TO vs MNY.TO
YTSL.NEO	Tesla (TSLA) Yield Shares Purpose ETF	Derivative Income	30	-6.32%	438.20M	Dec 2022	PDIV.TO vs YTSL.NEO
SBT.TO	Purpose Silver Bullion Fund	Silver, Precious Metals	46	2.24%	164.90M	May 2016	PDIV.TO vs SBT.TO
PMM.TO	Purpose Multi-Strategy Market Neutral Fund	Long-Short	64	5.69%	10.90M	Oct 2014	PDIV.TO vs PMM.TO
YNVD.NEO	NVIDIA (NVDA) Yield Shares Purpose ETF	Derivative Income	62	17.05%	206.20M	Jan 2024	PDIV.TO vs YNVD.NEO
BTCY.TO	Purpose Bitcoin Yield ETF - ETF Units		2	-28.08%	116.80M	Dec 2021	PDIV.TO vs BTCY.TO
KILO-B.TO	Purpose Gold Bullion Fund ETF Non-Currency Hedged	Gold, Precious Metals	38	4.14%	—	Oct 2018	PDIV.TO vs KILO-B.TO
BTCC-B.TO	Purpose Bitcoin ETF Non-Currency Hedged Units	Cryptocurrency	2	-24.57%	—	Oct 2021	PDIV.TO vs BTCC-B.TO

Often Compared With PDIV.TO

Investors most often compare PDIV.TO with HDIV.TO, HYLD.TO, BMAX. These 20 comparison targets span 8 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
HDIV.TO	Hamilton Enhanced Canadian Covered Call ETF	Derivative Income	92	16.21%	1.63B	Jul 2021	PDIV.TO vs HDIV.TO
HYLD.TO	Hamilton Enhanced U.S. Covered Call ETF	Derivative Income	75	15.73%	1.29B	Feb 2022	PDIV.TO vs HYLD.TO
BMAX	REX Bitcoin Corporate Treasury Convertible Bond ET...	Convertible Bonds	—	—	5.99M	Mar 2025	PDIV.TO vs BMAX
SPYI	NEOS S&P 500 High Income ETF	Derivative Income, S&P 500	71	7.72%	10.07B	Aug 2022	PDIV.TO vs SPYI
PMIF.TO	PIMCO Monthly Income Fund (Canada)		52	0.10%	38.14B	—	PDIV.TO vs PMIF.TO
PDC.TO	Invesco Canadian Dividend Index ETF	Dividend	96	19.02%	1.02B	—	PDIV.TO vs PDC.TO
EBNK.TO	Evolve European Banks Enhanced Yield ETF Hedged CA...	Financials Equities, Derivative Income	38	5.02%	140.46M	Jan 2022	PDIV.TO vs EBNK.TO
USCL.TO	Global X Enhanced S&P 500 Covered Call ETF	Derivative Income, S&P 500	75	11.57%	249.48M	Jul 2023	PDIV.TO vs USCL.TO
YAMZ.NEO	Amazon (AMZN) Yield Shares Purpose ETF	Derivative Income	21	3.60%	118.20M	Dec 2022	PDIV.TO vs YAMZ.NEO
BRKY.NEO	Berkshire Hathaway Yield Shares Purpose ETF	Large Cap Blend Equities	3	-6.85%	51.20M	Dec 2022	PDIV.TO vs BRKY.NEO
PYF.TO	Purpose Premium Yield Fund Series ETF	Diversified Portfolio	22	1.16%	708.70M	Nov 2018	PDIV.TO vs PYF.TO
DGS	WisdomTree Emerging Markets SmallCap Dividend Fund	Emerging Markets Diversified, Dividend	51	14.53%	1.76B	Oct 2007	PDIV.TO vs DGS
RCD.TO	RBC Quant Canadian Dividend Leaders ETF	Dividend	50	12.09%	395.41M	—	PDIV.TO vs RCD.TO
VGG.TO	Vanguard U.S. Dividend Appreciation Index ETF	Dividend, Large Cap Blend Equities	59	8.57%	2.46B	Aug 2013	PDIV.TO vs VGG.TO
YCST.NEO	Costco (COST) Yield Shares Purpose ETF	Derivative Income	5	12.72%	—	Feb 2025	PDIV.TO vs YCST.NEO
PINC.TO	Purpose Multi-Asset Income Fund		94	13.46%	106.10M	—	PDIV.TO vs PINC.TO
SPDG	SPDR Portfolio S&P Sector Neutral Dividend ETF	Dividend	69	16.69%	12.59M	Sep 2023	PDIV.TO vs SPDG
CDIV.TO	Manulife Smart Dividend ETF	Dividend	81	14.31%	—	Nov 2020	PDIV.TO vs CDIV.TO
IDIV-B.TO	Manulife Smart International Dividend ETF Unhedged...	Dividend	53	10.75%	—	Nov 2022	PDIV.TO vs IDIV-B.TO
SYLD.TO	Purpose Strategic Yield Fund		95	3.34%	500.10M	—	PDIV.TO vs SYLD.TO

Compare PDIV.TO with Any Fund or Stock

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

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Diversifiers

Pair PDIV.TO with funds that move differently

Purpose Enhanced Dividend Fund ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PDIV.TO.

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Purpose Enhanced Dividend Fund ETF (PDIV.TO) Alternatives