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 53 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%	6.16B	Jun 2017	PDIV.TO vs XDIV.TO
FLVC.NEO	Franklin Canadian Low Volatility High Dividend Ind...	0.15%	57.60M	Mar 2024	PDIV.TO vs FLVC.NEO
XDU.TO	iShares Core MSCI US Quality Dividend Index ETF	0.16%	335.28M	Jun 2017	PDIV.TO vs XDU.TO
XDUH.TO	iShares Core MSCI US Quality Dividend Index ETF (C...	0.16%	134.45M	Jun 2017	PDIV.TO vs XDUH.TO

Best Risk-Adjusted Alternatives to PDIV.TO

PDIV.TO has a PortfoliosLab risk / return rank of 94. There are 12 ETFs in the Dividend category with higher risk-adjusted ranks, going as high as 99.

Symbol	Name	Risk / Return Rank	AUM	Inception
VDY.TO	Vanguard FTSE Canadian High Dividend Yield Index E...	99	8.59B	Nov 2012	PDIV.TO vs VDY.TO
XDIV.TO	iShares Core MSCI Canadian Quality Dividend Index ...	98	6.16B	Jun 2017	PDIV.TO vs XDIV.TO
FLVC.NEO	Franklin Canadian Low Volatility High Dividend Ind...	98	57.60M	Mar 2024	PDIV.TO vs FLVC.NEO
CLSA.TO	Brompton Split Corp. Enhanced Equity Income ETF	98	—	Mar 2025	PDIV.TO vs CLSA.TO
PDC.TO	Invesco Canadian Dividend Index ETF	98	1.05B	Apr 2011	PDIV.TO vs PDC.TO

Top Performing PDIV.TO Alternatives (YTD)

PDIV.TO is at 11.04% YTD. There are 45 ETFs in the Dividend category with higher YTD returns, going as high as 40.42%.

Symbol	Name	YTD Return	AUM	Inception
CLSA.TO	Brompton Split Corp. Enhanced Equity Income ETF	40.42%	—	Mar 2025	PDIV.TO vs CLSA.TO
TBNK.TO	TD Canadian Bank Dividend Index ETF	33.22%	300.34M	Apr 2023	PDIV.TO vs TBNK.TO
XDIV.TO	iShares Core MSCI Canadian Quality Dividend Index ...	29.20%	6.16B	Jun 2017	PDIV.TO vs XDIV.TO
VDY.TO	Vanguard FTSE Canadian High Dividend Yield Index E...	28.99%	8.59B	Nov 2012	PDIV.TO vs VDY.TO
PDC.TO	Invesco Canadian Dividend Index ETF	25.42%	1.05B	Apr 2011	PDIV.TO vs PDC.TO

Lowest Volatility Alternatives to PDIV.TO

PDIV.TO has 7.03% 1-year volatility. There is 1 ETF in the Dividend category with lower 1-year volatility, going as low as 6.37%.

Symbol	Name	Volatility 1Y	AUM	Inception
PINC.TO	Purpose Multi-Asset Income Fund	6.37%	108.20M	Apr 2018	PDIV.TO vs PINC.TO
FLVC.NEO	Franklin Canadian Low Volatility High Dividend Ind...	7.91%	57.60M	Mar 2024	PDIV.TO vs FLVC.NEO
VUDV.TO	Vanguard U.S. High Dividend Yield Index ETF	8.21%	—	Mar 2026	PDIV.TO vs VUDV.TO
PDF.TO	Purpose Core Dividend Fund	8.46%	475.00M	Sep 2013	PDIV.TO vs PDF.TO
ZZZD.TO	BMO Tactical Dividend ETF Fund	8.63%	25.18M	Jan 2019	PDIV.TO vs ZZZD.TO

Lowest Drawdown Alternatives to PDIV.TO

PDIV.TO has a 1-year max drawdown of -5.27%. There are 7 ETFs in the Dividend category with shallower 1-year drawdowns, going as shallow as -2.72%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
ZZZD.TO	BMO Tactical Dividend ETF Fund	-2.72%	25.18M	Jan 2019	PDIV.TO vs ZZZD.TO
XDIV.TO	iShares Core MSCI Canadian Quality Dividend Index ...	-2.78%	6.16B	Jun 2017	PDIV.TO vs XDIV.TO
VDY.TO	Vanguard FTSE Canadian High Dividend Yield Index E...	-3.12%	8.59B	Nov 2012	PDIV.TO vs VDY.TO
FLVC.NEO	Franklin Canadian Low Volatility High Dividend Ind...	-3.21%	57.60M	Mar 2024	PDIV.TO vs FLVC.NEO
PINC.TO	Purpose Multi-Asset Income Fund	-3.59%	108.20M	Apr 2018	PDIV.TO vs PINC.TO

Other ETFs from Purpose

The 10 most viewed Purpose ETFs shown here include KILO.TO, BND.TO, PSA.TO and span 12 categories. AUM among these funds goes as high as $4B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
KILO.TO	Purpose Gold Bullion Fund	Gold, Precious Metals	28	-7.39%	1.00B	Oct 2018	PDIV.TO vs KILO.TO
BND.TO	Purpose Global Bond Fund	Global Bonds	37	0.22%	2.50B	Oct 2015	PDIV.TO vs BND.TO
PSA.TO	Purpose High Interest Savings Fund	Money Market	100	1.27%	4.20B	Oct 2013	PDIV.TO vs PSA.TO
BTCC.TO	Purpose Bitcoin CAD ETF Currency Hedged Units	Cryptocurrency	1	-29.88%	1.60B	Feb 2021	PDIV.TO vs BTCC.TO
MNY.TO	Purpose Cash Management Fund	Money Market	100	1.36%	3.10B	Sep 2022	PDIV.TO vs MNY.TO
YTSL.NEO	Tesla (TSLA) Yield Shares Purpose ETF	Derivative Income	19	-32.98%	362.80M	Dec 2022	PDIV.TO vs YTSL.NEO
SBT.TO	Purpose Silver Bullion Fund	Silver, Precious Metals	32	-19.30%	131.10M	May 2016	PDIV.TO vs SBT.TO
SYLD.TO	Purpose Strategic Yield Fund	High Yield Bonds, Corporate Bonds	95	3.26%	541.50M	Apr 2018	PDIV.TO vs SYLD.TO
YNVD.NEO	NVIDIA (NVDA) Yield Shares Purpose ETF	Derivative Income	27	10.31%	192.70M	Jan 2024	PDIV.TO vs YNVD.NEO
PMM.TO	Purpose Multi-Strategy Market Neutral Fund	Equity Market Neutral, Multistrategy, Actively Managed	68	6.48%	19.60M	Oct 2014	PDIV.TO vs PMM.TO

Often Compared With PDIV.TO

Investors most often compare PDIV.TO with HDIV.TO, HYLD.TO, SPYI. These 20 comparison targets span 13 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	95	18.30%	1.79B	Jul 2021	PDIV.TO vs HDIV.TO
HYLD.TO	Hamilton Enhanced U.S. Covered Call ETF	Derivative Income	65	11.33%	1.30B	Feb 2022	PDIV.TO vs HYLD.TO
SPYI	NEOS S&P 500 High Income ETF	Derivative Income, S&P 500	80	9.18%	11.05B	Aug 2022	PDIV.TO vs SPYI
PMIF.TO	PIMCO Monthly Income Fund (Canada)	Multisector Bonds, Global Bonds, Actively Managed	39	-0.47%	39.17B	Sep 2017	PDIV.TO vs PMIF.TO
EBNK.TO	Evolve European Banks Enhanced Yield ETF Hedged CA...	Financials Equities, Derivative Income	69	16.96%	160.28M	Jan 2022	PDIV.TO vs EBNK.TO
YAMZ.NEO	Amazon (AMZN) Yield Shares Purpose ETF	Derivative Income	21	12.53%	117.30M	Dec 2022	PDIV.TO vs YAMZ.NEO
USCL.TO	Global X Enhanced S&P 500 Covered Call ETF	Derivative Income, S&P 500	77	13.52%	244.05M	Jul 2023	PDIV.TO vs USCL.TO
BRKY.NEO	Berkshire Hathaway Yield Shares Purpose ETF	Large Cap Blend Equities	19	0.67%	54.40M	Dec 2022	PDIV.TO vs BRKY.NEO
PYF.TO	Purpose Premium Yield Fund Series ETF	Diversified Portfolio, Derivative Income, Options Trading, Actively Managed	45	2.88%	682.20M	Nov 2018	PDIV.TO vs PYF.TO
VGG.TO	Vanguard U.S. Dividend Appreciation Index ETF	Dividend, Large Cap Blend Equities	78	11.79%	2.57B	Aug 2013	PDIV.TO vs VGG.TO
DGS	WisdomTree Emerging Markets SmallCap Dividend Fund	Dividend, Emerging Markets Equities	41	9.26%	1.71B	Oct 2007	PDIV.TO vs DGS
IDIV-B.TO	Manulife Smart International Dividend ETF Unhedged...	Dividend	65	18.19%	—	Nov 2022	PDIV.TO vs IDIV-B.TO
DXU.TO	Dynamic Active U.S. Dividend ETF	Dividend	48	20.02%	82.94M	Sep 2024	PDIV.TO vs DXU.TO
RCD.TO	RBC Quant Canadian Dividend Leaders ETF	Dividend, Canada Equities	65	14.16%	408.93M	Jan 2014	PDIV.TO vs RCD.TO
BTCC-B.TO	Purpose Bitcoin ETF Non-Currency Hedged Units	Cryptocurrency	2	-27.01%	—	Feb 2021	PDIV.TO vs BTCC-B.TO
SPDG	SPDR Portfolio S&P Sector Neutral Dividend ETF	Dividend	82	14.79%	12.81M	Sep 2023	PDIV.TO vs SPDG
CWIN.TO	HAMILTON CHAMPIONS Enhanced Canadian Dividend ETF ...	Dividend	95	21.87%	—	Jan 2025	PDIV.TO vs CWIN.TO
FCCD.TO	Fidelity Canadian High Dividend Index ETF	Dividend	96	16.58%	383.80M	Sep 2018	PDIV.TO vs FCCD.TO
CDIV.TO	Manulife Smart Dividend ETF	Dividend	58	17.78%	—	Nov 2020	PDIV.TO vs CDIV.TO
YCST.NEO	Costco (COST) Yield Shares Purpose ETF	Derivative Income	14	12.84%	9.20M	Feb 2025	PDIV.TO vs YCST.NEO

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.

Explore PDIV.TO Diversifiers

Purpose Enhanced Dividend Fund ETF (PDIV.TO) Alternatives