Purpose Enhanced Dividend Fund ETF (PDIV.TO) Alternatives

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 funds that fit a different role in your portfolio.

Cheapest Alternatives to PDIV.TO

PDIV.TO charges 0.77% annually. Among ETFs in the Dividend category, these options have the lowest expense ratios among PDIV.TO alternatives.

Symbol	Name	Expense Ratio	Inception
XDIV.TO	iShares Core MSCI Canadian Quality Dividend Index ...	0.11%	Jun 12, 2017	PDIV.TO vs XDIV.TO
XDU.TO	iShares Core MSCI US Quality Dividend Index ETF	0.16%	Jun 7, 2017	PDIV.TO vs XDU.TO
XDUH.TO	iShares Core MSCI US Quality Dividend Index ETF (C...	0.16%	Jun 13, 2017	PDIV.TO vs XDUH.TO
VDY.TO	Vanguard FTSE Canadian High Dividend Yield Index E...	0.22%	Nov 2, 2012	PDIV.TO vs VDY.TO
TBNK.TO	TD Canadian Bank Dividend Index ETF	0.28%	Apr 20, 2023	PDIV.TO vs TBNK.TO

Best Risk-Adjusted Alternatives to PDIV.TO

Among ETFs in the Dividend 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
TBNK.TO	TD Canadian Bank Dividend Index ETF	98	Apr 20, 2023	PDIV.TO vs TBNK.TO
VDY.TO	Vanguard FTSE Canadian High Dividend Yield Index E...	97	Nov 2, 2012	PDIV.TO vs VDY.TO
FCCD.TO	Fidelity Canadian High Dividend Index ETF	95	Sep 13, 2018	PDIV.TO vs FCCD.TO
XDIV.TO	iShares Core MSCI Canadian Quality Dividend Index ...	95	Jun 12, 2017	PDIV.TO vs XDIV.TO
CDIV.TO	Manulife Smart Dividend ETF	94	Nov 25, 2020	PDIV.TO vs CDIV.TO

Top Performing PDIV.TO Alternatives (YTD)

PDIV.TO alternatives from the Dividend category, sorted by year-to-date return.

Symbol	Name	YTD Return	Inception
XHU.TO	iShares U.S. High Dividend Equity Index ETF	13.37%	Feb 10, 2015	PDIV.TO vs XHU.TO
XHD.TO	iShares U.S. High Dividend Equity Index ETF (CAD-H...	11.42%	Aug 14, 2012	PDIV.TO vs XHD.TO
VDY.TO	Vanguard FTSE Canadian High Dividend Yield Index E...	9.07%	Nov 2, 2012	PDIV.TO vs VDY.TO
CDIV.TO	Manulife Smart Dividend ETF	8.54%	Nov 25, 2020	PDIV.TO vs CDIV.TO
FCCD.TO	Fidelity Canadian High Dividend Index ETF	8.44%	Sep 13, 2018	PDIV.TO vs FCCD.TO

Lowest Volatility Alternatives to PDIV.TO

PDIV.TO alternatives from the Dividend category, sorted by annualized volatility over the past year.

Symbol	Name	Volatility 1Y	Inception
XDIV.TO	iShares Core MSCI Canadian Quality Dividend Index ...	10.03%	Jun 12, 2017	PDIV.TO vs XDIV.TO
VDY.TO	Vanguard FTSE Canadian High Dividend Yield Index E...	11.03%	Nov 2, 2012	PDIV.TO vs VDY.TO
FCCD.TO	Fidelity Canadian High Dividend Index ETF	11.41%	Sep 13, 2018	PDIV.TO vs FCCD.TO
TBNK.TO	TD Canadian Bank Dividend Index ETF	13.76%	Apr 20, 2023	PDIV.TO vs TBNK.TO
CDIV.TO	Manulife Smart Dividend ETF	13.79%	Nov 25, 2020	PDIV.TO vs CDIV.TO

Lowest Drawdown Alternatives to PDIV.TO

PDIV.TO alternatives from the Dividend category, sorted by maximum drawdown over the past year.

Symbol	Name	Max Drawdown 1Y	Inception
TBNK.TO	TD Canadian Bank Dividend Index ETF	-8.40%	Apr 20, 2023	PDIV.TO vs TBNK.TO
CDIV.TO	Manulife Smart Dividend ETF	-9.38%	Nov 25, 2020	PDIV.TO vs CDIV.TO
FCCD.TO	Fidelity Canadian High Dividend Index ETF	-9.92%	Sep 13, 2018	PDIV.TO vs FCCD.TO
VDY.TO	Vanguard FTSE Canadian High Dividend Yield Index E...	-10.07%	Nov 2, 2012	PDIV.TO vs VDY.TO
XHD.TO	iShares U.S. High Dividend Equity Index ETF (CAD-H...	-10.47%	Aug 14, 2012	PDIV.TO vs XHD.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	PDIV.TO vs BTCC.TO
PSA.TO	Purpose High Interest Savings Fund	Money Market	100	0.50%	Oct 15, 2013	PDIV.TO vs PSA.TO
MNY.TO	Purpose Cash Management Fund	Money Market	100	0.53%	Sep 14, 2022	PDIV.TO vs MNY.TO
YTSL.NEO	Tesla (TSLA) Yield Shares Purpose ETF	Derivative Income	78	-17.92%	Dec 19, 2022	PDIV.TO vs YTSL.NEO
SBT.TO	Purpose Silver Bullion Fund	Precious Metals	86	5.57%	May 25, 2016	PDIV.TO vs SBT.TO
YNVD.NEO	NVIDIA (NVDA) Yield Shares Purpose ETF	Derivative Income	89	-5.25%	Jan 18, 2024	PDIV.TO vs YNVD.NEO
KILO-B.TO	Purpose Gold Bullion Fund ETF Non-Currency Hedged	Gold, Precious Metals	84	9.94%	Oct 15, 2018	PDIV.TO vs KILO-B.TO
BTCC-B.TO	Purpose Bitcoin ETF Non-Currency Hedged Units	Cryptocurrency	5	-21.65%	Oct 14, 2021	PDIV.TO vs BTCC-B.TO
BTCY.TO	Purpose Bitcoin Yield ETF - ETF Units		4	-26.66%	Dec 2, 2021	PDIV.TO vs BTCY.TO
YAMZ.NEO	Amazon (AMZN) Yield Shares Purpose ETF	Derivative Income	23	-11.29%	Dec 19, 2022	PDIV.TO vs YAMZ.NEO

Often Compared With PDIV.TO

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

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
HDIV.TO	Hamilton Enhanced Multi-Sector Covered Call ETF	Derivative Income	92	3.20%	Jul 19, 2021	PDIV.TO vs HDIV.TO
SPYI	NEOS S&P 500 High Income ETF	Derivative Income, S&P 500	69	-3.13%	Aug 29, 2022	PDIV.TO vs SPYI
HYLD.TO	Hamilton Enhanced U.S. Covered Call ETF	Derivative Income	57	-8.12%	Feb 4, 2022	PDIV.TO vs HYLD.TO
BMAX	REX Bitcoin Corporate Treasury Convertible Bond ET...	Convertible Bonds	7	-0.71%	Mar 13, 2025	PDIV.TO vs BMAX
PMIF.TO	PIMCO Monthly Income Fund (Canada)		75	-0.78%	—	PDIV.TO vs PMIF.TO
DGS	WisdomTree Emerging Markets SmallCap Dividend Fund	Emerging Markets Diversified, Dividend	87	5.34%	Oct 30, 2007	PDIV.TO vs DGS
USCL.TO	Global X Enhanced S&P 500 Covered Call ETF	Derivative Income, S&P 500	30	-5.43%	Jul 5, 2023	PDIV.TO vs USCL.TO
EBNK.TO	Evolve European Banks Enhanced Yield ETF Hedged CA...	Financials Equities, Derivative Income	58	-4.60%	Jan 7, 2022	PDIV.TO vs EBNK.TO
BRKY.NEO	Berkshire Hathaway Yield Shares Purpose ETF	Large Cap Blend Equities	2	-6.15%	Dec 19, 2022	PDIV.TO vs BRKY.NEO
SPDG	SPDR Portfolio S&P Sector Neutral Dividend ETF	Dividend	50	2.97%	Sep 11, 2023	PDIV.TO vs SPDG
PYF.TO	Purpose Premium Yield Fund Series ETF	Diversified Portfolio	25	-0.23%	Nov 28, 2018	PDIV.TO vs PYF.TO
VFV.TO	Vanguard S&P 500 Index ETF	S&P 500	48	-3.12%	Nov 2, 2012	PDIV.TO vs VFV.TO
CUD.TO	iShares US Dividend Growers Index ETF (CAD-Hedged)	Large Cap Value Equities, Dividend	17	3.87%	Sep 13, 2011	PDIV.TO vs CUD.TO
CWIN.TO	HAMILTON CHAMPIONS Enhanced Canadian Dividend ETF ...	Dividend	92	7.09%	Jan 27, 2025	PDIV.TO vs CWIN.TO
RCD.TO	RBC Quant Canadian Dividend Leaders ETF	Dividend	81	5.56%	—	PDIV.TO vs RCD.TO
PDC.TO	Invesco Canadian Dividend Index ETF	Dividend	97	9.18%	—	PDIV.TO vs PDC.TO
VGG.TO	Vanguard U.S. Dividend Appreciation Index ETF	Dividend, Large Cap Blend Equities	34	-0.67%	Aug 2, 2013	PDIV.TO vs VGG.TO
VIDY.TO	Vanguard FTSE Developed ex North America High Divi...	Foreign Large Cap Equities, Dividend	87	6.94%	Aug 21, 2018	PDIV.TO vs VIDY.TO
ZDY.TO	BMO US Dividend ETF (CAD)	Dividend, Large Cap Blend Equities	32	5.49%	Mar 19, 2013	PDIV.TO vs ZDY.TO
BTCC-U.TO	Purpose Bitcoin ETF Non-Currency Hedged Units	Cryptocurrency	5	-22.82%	Nov 9, 2021	PDIV.TO vs BTCC-U.TO

Compare PDIV.TO with Any Fund or Stock

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

Symbol name

Purpose Enhanced Dividend Fund ETF

Symbol name