PINC.TO Alternatives & Similar ETFs

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

Cheapest Alternatives to PINC.TO

PINC.TO charges 1.04% annually. There are 89 ETFs in the Derivative Income category with lower expense ratios, going as low as 0.21%.

Symbol	Name	Expense Ratio	AUM	Inception
QQCI.TO	Invesco NASDAQ 100 Income Advantage ETF	0.21%	63.79M	Aug 2024	PINC.TO vs QQCI.TO
ECHI.TO	Ninepoint Enhanced Canadian HighShares ETF	0.29%	—	Aug 2025	PINC.TO vs ECHI.TO
EQLI.TO	Invesco S&P 500 Equal Weight Income Advantage ETF	0.29%	169.56M	Nov 2025	PINC.TO vs EQLI.TO
JEPQ.TO	JPMorgan Nasdaq Equity Premium Income Active ETF	0.35%	136.22M	Sep 2024	PINC.TO vs JEPQ.TO
HBIL.TO	Hamilton U.S. T-Bill YIELD MAXIMIZER ETF (CAD Hedg...	0.35%	225.10M	Sep 2024	PINC.TO vs HBIL.TO

Best Risk-Adjusted Alternatives to PINC.TO

PINC.TO has a PortfoliosLab risk / return rank of 97. There are 6 ETFs in the Derivative Income category with higher risk-adjusted ranks, going as high as 98.

Symbol	Name	Risk / Return Rank	AUM	Inception
HLIF.TO	Harvest Canadian Equity Income Leaders ETF Class A	98	186.23M	Jun 2022	PINC.TO vs HLIF.TO
CBNK.TO	Mulvihill Canadian Bank Enhanced Yield ETF	98	—	Feb 2022	PINC.TO vs CBNK.TO
BANK.TO	Evolve Canadian Banks and Lifecos Enhanced Yield I...	98	1.31B	Feb 2022	PINC.TO vs BANK.TO
ZWB.TO	BMO Covered Call Canadian Banks ETF	97	4.90B	Jan 2011	PINC.TO vs ZWB.TO
BKCL.TO	Global X Enhanced Equal Weight Canadian Banks Cove...	97	201.68M	Jul 2023	PINC.TO vs BKCL.TO

Top Performing PINC.TO Alternatives (YTD)

PINC.TO is at 18.40% YTD. There are 20 ETFs in the Derivative Income category with higher YTD returns, going as high as 43.96%.

Symbol	Name	YTD Return	AUM	Inception
CBNK.TO	Mulvihill Canadian Bank Enhanced Yield ETF	43.96%	—	Feb 2022	PINC.TO vs CBNK.TO
ENCL.TO	Global X Enhanced Canadian Oil and Gas Equity Cove...	41.62%	286.03M	Oct 2023	PINC.TO vs ENCL.TO
CNQE.TO	Harvest CNQ Enhanced High Income Shares ETF	38.89%	—	Aug 2025	PINC.TO vs CNQE.TO
HPF.TO	Harvest Energy Leaders Income ETF Class A CAD Hedg...	37.34%	67.16M	Oct 2014	PINC.TO vs HPF.TO
ENCC.TO	Global X Canadian Oil and Gas Equity Covered Call ...	32.99%	754.66M	Apr 2011	PINC.TO vs ENCC.TO

Lowest Volatility Alternatives to PINC.TO

PINC.TO has 6.35% 1-year volatility. There are 4 ETFs in the Derivative Income category with lower 1-year volatility, going as low as 1.77%.

Symbol	Name	Volatility 1Y	AUM	Inception
HBIL.TO	Hamilton U.S. T-Bill YIELD MAXIMIZER ETF (CAD Hedg...	1.77%	225.10M	Sep 2024	PINC.TO vs HBIL.TO
HBIL-U.TO	Hamilton U.S. T-Bill YIELD MAXIMIZER ETF USD Unhed...	1.92%	160.53M	Sep 2024	PINC.TO vs HBIL-U.TO
PYF.TO	Purpose Premium Yield Fund Series ETF	3.28%	684.20M	Nov 2018	PINC.TO vs PYF.TO
HPYM.TO	Harvest Premium Yield 7-10 Year Treasury ETF - Cla...	4.72%	258.82M	Jan 2024	PINC.TO vs HPYM.TO
FCMI.TO	Fidelity Canadian Monthly High Income ETF	6.44%	12.40M	Jan 2020	PINC.TO vs FCMI.TO

Lowest Drawdown Alternatives to PINC.TO

PINC.TO has a 1-year max drawdown of -3.59%. There are 4 ETFs in the Derivative Income category with shallower 1-year drawdowns, going as shallow as -0.95%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
HBIL.TO	Hamilton U.S. T-Bill YIELD MAXIMIZER ETF (CAD Hedg...	-0.95%	225.10M	Sep 2024	PINC.TO vs HBIL.TO
HBIL-U.TO	Hamilton U.S. T-Bill YIELD MAXIMIZER ETF USD Unhed...	-1.13%	160.53M	Sep 2024	PINC.TO vs HBIL-U.TO
PYF.TO	Purpose Premium Yield Fund Series ETF	-2.11%	684.20M	Nov 2018	PINC.TO vs PYF.TO
HLIF.TO	Harvest Canadian Equity Income Leaders ETF Class A	-3.09%	186.23M	Jun 2022	PINC.TO vs HLIF.TO
FCMI.TO	Fidelity Canadian Monthly High Income ETF	-3.62%	12.40M	Jan 2020	PINC.TO vs FCMI.TO

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 18 categories. AUM among these funds goes as high as $3B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
BND.TO	Purpose Global Bond Fund	Global Bonds	41	0.04%	2.50B	Oct 2015	PINC.TO vs BND.TO
SYLD.TO	Purpose Strategic Yield Fund	High Yield Bonds, Corporate Bonds	96	3.38%	526.10M	Apr 2018	PINC.TO vs SYLD.TO
PDF.TO	Purpose Core Dividend Fund	Dividend, Canada Equities, Actively Managed	97	20.07%	473.40M	Sep 2013	PINC.TO vs PDF.TO
BTCY.TO	Purpose Bitcoin Yield ETF	Cryptocurrency, Derivative Income	2	-31.07%	121.00M	Dec 2021	PINC.TO vs BTCY.TO
PAYF.TO	Purpose Enhanced Premium Yield Fund	Derivative Income, Options Trading, Actively Managed	30	3.05%	85.20M	Apr 2019	PINC.TO vs PAYF.TO
CROP.TO	Purpose Credit Opportunities Fund	Nontraditional Bonds, Multisector Bonds	96	3.58%	—	Sep 2021	PINC.TO vs CROP.TO
PRA.TO	Purpose Diversified Real Asset Fund	Diversified Portfolio, Global Allocation, Natural Resources, Actively Managed	95	26.15%	331.30M	Sep 2013	PINC.TO vs PRA.TO
PID.TO	Purpose International Dividend Fund	Foreign Large Cap Equities, Dividend, Actively Managed	81	14.90%	312.20M	Apr 2015	PINC.TO vs PID.TO
IGB.TO	Purpose Global Bond Class	Global Bonds, Investment Grade Bonds, Actively Managed	25	-0.32%	1.20B	Dec 2013	PINC.TO vs IGB.TO
PBI.TO	Purpose Best Ideas Fund	Large Cap Blend Equities, Equal Weight	24	3.12%	70.80M	Apr 2014	PINC.TO vs PBI.TO

Often Compared With PINC.TO

Investors most often compare PINC.TO with MNY.TO, CIF.TO, RATE.TO. These 20 comparison targets span 18 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
MNY.TO	Purpose Cash Management Fund	Money Market	100	1.29%	3.00B	Sep 2022	PINC.TO vs MNY.TO
CIF.TO	iShares Global Infrastructure Index ETF	Infrastructure Equities, Energy Equities	86	27.99%	1.60B	Aug 2008	PINC.TO vs CIF.TO
RATE.TO	Arrow EC Income Advantage Alternative Fund	Investment Grade Bonds, Corporate Bonds, Nontraditional Bonds	72	1.47%	—	Jun 2021	PINC.TO vs RATE.TO
XUT.TO	iShares S&P/TSX Capped Utilities Index ETF	Utilities Equities	88	21.51%	649.29M	Apr 2011	PINC.TO vs XUT.TO
HEQT.TO	Global X All-Equity Asset Allocation ETF	Global Equities	84	13.34%	—	Sep 2019	PINC.TO vs HEQT.TO
FIE.TO	iShares Canadian Financial Monthly Income ETF	Financials Equities, Canada Equities	94	17.43%	1.44B	Apr 2010	PINC.TO vs FIE.TO
PDIV.TO	Purpose Enhanced Dividend Fund ETF	Dividend	93	10.43%	231.40M	Jan 2018	PINC.TO vs PDIV.TO
CCOM.TO	CI Auspice Broad Commodity Fund ETF Hedged Units	Commodities	82	15.98%	—	May 2023	PINC.TO vs CCOM.TO
AVGE	Avantis All Equity Markets ETF	Global Equities	83	15.31%	1.08B	Sep 2022	PINC.TO vs AVGE
XCLN.TO	iShares Global Clean Energy Index ETF	Alternative Energy Equities, Energy Equities	42	13.32%	—	Apr 2022	PINC.TO vs XCLN.TO
AVDV	Avantis International Small Cap Value ETF	Foreign Small & Mid Cap Equities	73	12.40%	18.60B	Sep 2019	PINC.TO vs AVDV
ZMMK.TO	BMO Money Market Fund ETF Series	Money Market	99	1.29%	5.76B	Nov 2021	PINC.TO vs ZMMK.TO
TIBIX	Thornburg Investment Income Builder Fund Class I	Diversified Portfolio	97	17.37%	—	Dec 2002	PINC.TO vs TIBIX
ZAG.TO	BMO Aggregate Bond Index ETF	Canadian Government Bonds	35	0.95%	13.16B	Jan 2010	PINC.TO vs ZAG.TO
BMAX.TO	Brompton Enhanced Multi-Asset Income ETF	Diversified Portfolio, Derivative Income, Actively Managed	64	9.61%	65.40M	Oct 2022	PINC.TO vs BMAX.TO
FCUD.TO	Fidelity U.S. High Dividend ETF	Dividend	22	16.23%	263.60M	Sep 2018	PINC.TO vs FCUD.TO
FCUH.TO	Fidelity U.S. High Dividend Currency Neutral ETF	Dividend	37	11.37%	31.70M	Sep 2018	PINC.TO vs FCUH.TO
HMAX.TO	Hamilton Canadian Financials Yield Maximizer ETF	Derivative Income	96	19.26%	2.59B	Jan 2023	PINC.TO vs HMAX.TO
CANY.TO	Evolve Canadian Equity UltraYield ETF	Derivative Income, Canada Equities	—	13.57%	—	Sep 2025	PINC.TO vs CANY.TO
DXQ.TO	Dynamic Active Enhanced Yield Covered Options ETF	Derivative Income	68	7.11%	—	Sep 2022	PINC.TO vs DXQ.TO

Compare PINC.TO with Any Fund or Stock

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

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Diversifiers

Pair PINC.TO with funds that move differently

Purpose Multi-Asset Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PINC.TO.

Explore PINC.TO Diversifiers

Purpose Multi-Asset Income Fund (PINC.TO) Alternatives