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Purpose Tactical Hedged Equity Fund (PHE.TO) Alternatives

ETF · Currency in CAD · Last updated Jul 25, 2026

Purpose Tactical Hedged Equity Fund actively selects high-quality U.S. equities and uses an options-based dynamic hedging strategy intended to reduce losses during significant market declines.

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

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.

SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
BND.TO
Purpose Global Bond FundGlobal Bonds
41
0.04%
2.50BOct 2015PHE.TO vs BND.TO
SYLD.TO
Purpose Strategic Yield FundHigh Yield Bonds, Corporate Bonds
96
3.38%
526.10MApr 2018PHE.TO vs SYLD.TO
PDF.TO
Purpose Core Dividend FundDividend, Canada Equities, Actively Managed
97
20.07%
473.40MSep 2013PHE.TO vs PDF.TO
BTCY.TO
Purpose Bitcoin Yield ETFCryptocurrency, Derivative Income
2
-31.07%
121.00MDec 2021PHE.TO vs BTCY.TO
PAYF.TO
Purpose Enhanced Premium Yield FundDerivative Income, Options Trading, Actively Managed
30
3.05%
85.20MApr 2019PHE.TO vs PAYF.TO
CROP.TO
Purpose Credit Opportunities FundNontraditional Bonds, Multisector Bonds
96
3.58%
—Sep 2021PHE.TO vs CROP.TO
PINC.TO
Purpose Multi-Asset Income FundDerivative Income, Dividend, Tactical Allocation, Diversified Portfolio
97
18.40%
109.90MApr 2018PHE.TO vs PINC.TO
PRA.TO
Purpose Diversified Real Asset FundDiversified Portfolio, Global Allocation, Natural Resources, Actively Managed
95
26.15%
331.30MSep 2013PHE.TO vs PRA.TO
PID.TO
Purpose International Dividend FundForeign Large Cap Equities, Dividend, Actively Managed
81
14.90%
312.20MApr 2015PHE.TO vs PID.TO
IGB.TO
Purpose Global Bond ClassGlobal Bonds, Investment Grade Bonds, Actively Managed
25
-0.32%
1.20BDec 2013PHE.TO vs IGB.TO

Often Compared With PHE.TO

Investors most often compare PHE.TO with BGU.TO, FCIQ.TO, DRFU.TO. These 6 comparison targets span 6 categories, based on PortfoliosLab usage data.

SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
BGU.TO
Bristol Gate Concentrated US Equity ETFLarge Cap Blend Equities
34
7.79%
116.31MFeb 2018PHE.TO vs BGU.TO
FCIQ.TO
Fidelity International High Quality ETFQuality Factor, Foreign Large Cap Equities
31
11.98%
1.82BJan 2019PHE.TO vs FCIQ.TO
DRFU.TO
Desjardins RI USA Multifactor - Net-Zero Emissions...Large Cap Blend Equities, Sustainable, Multi-factor
87
12.65%
232.05MSep 2018PHE.TO vs DRFU.TO
MULC.TO
Manulife Multifactor U.S. Large Cap Index ETF Hedg...Large Cap Blend Equities, Multi-factor
70
9.98%
11.82MApr 2017PHE.TO vs MULC.TO
PBI.TO
Purpose Best Ideas FundLarge Cap Blend Equities, Equal Weight
24
3.12%
70.80MApr 2014PHE.TO vs PBI.TO
VUS.TO
Vanguard U.S. Total Market Index ETF (CAD-hedged)Large Cap Blend Equities
44
7.91%
1.40BNov 2011PHE.TO vs VUS.TO

Compare PHE.TO with Any Fund or Stock

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

 

Diversifiers

Pair PHE.TO with funds that move differently

Purpose Tactical Hedged Equity Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PHE.TO.

Explore PHE.TO Diversifiers