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%	5.54B	Jun 2017	PDIV.TO vs XDIV.TO
XDU.TO	iShares Core MSCI US Quality Dividend Index ETF	0.16%	294.27M	Jun 2017	PDIV.TO vs XDU.TO
XDUH.TO	iShares Core MSCI US Quality Dividend Index ETF (C...	0.16%	98.63M	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 87. 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	5.54B	Jun 2017	PDIV.TO vs XDIV.TO
TBNK.TO	TD Canadian Bank Dividend Index ETF	97	370.26M	Apr 2023	PDIV.TO vs TBNK.TO
FCCD.TO	Fidelity Canadian High Dividend Index ETF	95	376.10M	Sep 2018	PDIV.TO vs FCCD.TO
CWIN.TO	HAMILTON CHAMPIONS Enhanced Canadian Dividend ETF ...	92	—	Jan 2025	PDIV.TO vs CWIN.TO

Top Performing PDIV.TO Alternatives (YTD)

PDIV.TO is at 8.23% YTD. There are 19 ETFs in the Dividend category with higher YTD returns, going as high as 30.50%.

Symbol	Name	YTD Return	AUM	Inception
TBNK.TO	TD Canadian Bank Dividend Index ETF	30.50%	370.26M	Apr 2023	PDIV.TO vs TBNK.TO
DXU.TO	Dynamic Active U.S. Dividend ETF	27.23%	82.94M	Sep 2024	PDIV.TO vs DXU.TO
VDY.TO	Vanguard FTSE Canadian High Dividend Yield Index E...	24.99%	7.99B	Nov 2012	PDIV.TO vs VDY.TO
XDIV.TO	iShares Core MSCI Canadian Quality Dividend Index ...	21.65%	5.54B	Jun 2017	PDIV.TO vs XDIV.TO
CWIN.TO	HAMILTON CHAMPIONS Enhanced Canadian Dividend ETF ...	19.66%	—	Jan 2025	PDIV.TO vs CWIN.TO

Lowest Volatility Alternatives to PDIV.TO

PDIV.TO has 6.91% 1-year volatility. No ETFs in the Dividend category have lower 1-year volatility; the lowest-volatility alternatives shown here go as low as 8.08%.

Symbol	Name	Volatility 1Y	AUM	Inception
VUDV.TO	Vanguard U.S. High Dividend Yield Index ETF	8.08%	—	Mar 2026	PDIV.TO vs VUDV.TO
VDY.TO	Vanguard FTSE Canadian High Dividend Yield Index E...	8.32%	7.99B	Nov 2012	PDIV.TO vs VDY.TO
XDIV.TO	iShares Core MSCI Canadian Quality Dividend Index ...	8.41%	5.54B	Jun 2017	PDIV.TO vs XDIV.TO
FCCD.TO	Fidelity Canadian High Dividend Index ETF	8.49%	376.10M	Sep 2018	PDIV.TO vs FCCD.TO
ZDIV.TO	BMO MSCI Canada IMI High Dividend Yield Index ETF	9.70%	—	Feb 2026	PDIV.TO vs ZDIV.TO

Lowest Drawdown Alternatives to PDIV.TO

PDIV.TO has a 1-year max drawdown of -5.27%. There are 2 ETFs in the Dividend category with shallower 1-year drawdowns, going as shallow as -2.44%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
XDIV.TO	iShares Core MSCI Canadian Quality Dividend Index ...	-2.44%	5.54B	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%	376.10M	Sep 2018	PDIV.TO vs FCCD.TO
XDUH.TO	iShares Core MSCI US Quality Dividend Index ETF (C...	-6.08%	98.63M	Jun 2017	PDIV.TO vs XDUH.TO
XDU.TO	iShares Core MSCI US Quality Dividend Index ETF	-6.13%	294.27M	Jun 2017	PDIV.TO vs XDU.TO

Other ETFs from Purpose Investments

The 10 most viewed Purpose Investments ETFs shown here include KILO.TO, BTCC.TO, PSA.TO and span 7 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	20	-5.68%	1.10B	Oct 2018	PDIV.TO vs KILO.TO
BTCC.TO	Purpose Bitcoin CAD ETF Currency Hedged Units	Cryptocurrency	2	-30.32%	1.70B	Feb 2021	PDIV.TO vs BTCC.TO
PSA.TO	Purpose High Interest Savings Fund	Money Market	99	1.01%	4.10B	Oct 2013	PDIV.TO vs PSA.TO
MNY.TO	Purpose Cash Management Fund	Money Market	100	1.08%	2.90B	Sep 2022	PDIV.TO vs MNY.TO
YTSL.NEO	Tesla (TSLA) Yield Shares Purpose ETF	Derivative Income	22	-15.72%	419.10M	Dec 2022	PDIV.TO vs YTSL.NEO
SBT.TO	Purpose Silver Bullion Fund	Silver, Precious Metals	30	-15.10%	155.00M	May 2016	PDIV.TO vs SBT.TO
YNVD.NEO	NVIDIA (NVDA) Yield Shares Purpose ETF	Derivative Income	42	8.49%	206.50M	Jan 2024	PDIV.TO vs YNVD.NEO
PMM.TO	Purpose Multi-Strategy Market Neutral Fund	Long-Short	70	5.38%	11.10M	Oct 2014	PDIV.TO vs PMM.TO
BTCY.TO	Purpose Bitcoin Yield ETF - ETF Units		2	-33.54%	116.50M	Dec 2021	PDIV.TO vs BTCY.TO
KILO-B.TO	Purpose Gold Bullion Fund ETF Non-Currency Hedged	Gold, Precious Metals	28	-1.48%	—	Oct 2018	PDIV.TO vs KILO-B.TO

Often Compared With PDIV.TO

Investors most often compare PDIV.TO with HDIV.TO, HYLD.TO, SPYI. 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	93	18.72%	1.70B	Jul 2021	PDIV.TO vs HDIV.TO
HYLD.TO	Hamilton Enhanced U.S. Covered Call ETF	Derivative Income	64	12.62%	1.30B	Feb 2022	PDIV.TO vs HYLD.TO
SPYI	NEOS S&P 500 High Income ETF	Derivative Income, S&P 500	58	5.56%	10.27B	Aug 2022	PDIV.TO vs SPYI
PDC.TO	Invesco Canadian Dividend Index ETF	Dividend	97	22.51%	1.02B	—	PDIV.TO vs PDC.TO
PMIF.TO	PIMCO Monthly Income Fund (Canada)		49	0.60%	38.59B	—	PDIV.TO vs PMIF.TO
EBNK.TO	Evolve European Banks Enhanced Yield ETF Hedged CA...	Financials Equities, Derivative Income	58	11.40%	146.10M	Jan 2022	PDIV.TO vs EBNK.TO
USCL.TO	Global X Enhanced S&P 500 Covered Call ETF	Derivative Income, S&P 500	76	12.30%	250.98M	Jul 2023	PDIV.TO vs USCL.TO
YAMZ.NEO	Amazon (AMZN) Yield Shares Purpose ETF	Derivative Income	14	-3.61%	106.10M	Dec 2022	PDIV.TO vs YAMZ.NEO
BRKY.NEO	Berkshire Hathaway Yield Shares Purpose ETF	Large Cap Blend Equities	8	-2.85%	53.40M	Dec 2022	PDIV.TO vs BRKY.NEO
PYF.TO	Purpose Premium Yield Fund Series ETF	Diversified Portfolio	27	1.53%	693.10M	Nov 2018	PDIV.TO vs PYF.TO
DGS	WisdomTree Emerging Markets SmallCap Dividend Fund	Emerging Markets Diversified, Dividend	45	12.85%	1.84B	Oct 2007	PDIV.TO vs DGS
VGG.TO	Vanguard U.S. Dividend Appreciation Index ETF	Dividend, Large Cap Blend Equities	70	10.93%	2.46B	Aug 2013	PDIV.TO vs VGG.TO
RCD.TO	RBC Quant Canadian Dividend Leaders ETF	Dividend	51	12.19%	409.33M	—	PDIV.TO vs RCD.TO
PINC.TO	Purpose Multi-Asset Income Fund		96	16.12%	109.50M	—	PDIV.TO vs PINC.TO
CDIV.TO	Manulife Smart Dividend ETF	Dividend	49	15.16%	—	Nov 2020	PDIV.TO vs CDIV.TO
YCST.NEO	Costco (COST) Yield Shares Purpose ETF	Derivative Income	7	12.50%	—	Feb 2025	PDIV.TO vs YCST.NEO
SYLD.TO	Purpose Strategic Yield Fund		95	3.29%	512.00M	—	PDIV.TO vs SYLD.TO
IDIV-B.TO	Manulife Smart International Dividend ETF Unhedged...	Dividend	56	16.22%	—	Nov 2022	PDIV.TO vs IDIV-B.TO
SPDG	SPDR Portfolio S&P Sector Neutral Dividend ETF	Dividend	63	14.47%	12.45M	Sep 2023	PDIV.TO vs SPDG
BTCC-B.TO	Purpose Bitcoin ETF Non-Currency Hedged Units	Cryptocurrency	3	-26.24%	—	Feb 2021	PDIV.TO vs BTCC-B.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