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Purpose Diversified Real Asset Fund (PRA.TO) Sharpe Ratio: 3.08

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

Purpose Diversified Real Asset Fund actively invests across global real assets, including commodities and related equities, REITs, inflation-linked bonds, emerging-market currencies, and cash, seeking inflation-sensitive returns and protection against a weakening dollar.

PRA.TO's Sharpe Ratio of 3.08 indicates that for each unit of volatility, it generates 3.08 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jul 25, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets. For how to read this number and when it can mislead, see Sharpe Ratio Explained.

PRA.TO Sharpe Ratio Rank

PRA.TO Sharpe Ratio Rank: 96.196
Exceptional

PRA.TO ranks above 96.1% of all investments in our database based on Sharpe Ratio over the past 12 months, demonstrating exceptional risk-adjusted returns. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with low total volatility → Higher rank
  • High volatility (both upside and downside) → Lower rank
  • Consistent returns → Higher rank than volatile returns of same magnitude
  • Sharp drawdowns increase volatility → Lower rank

What you can do with this information

  • Suitable as a core holding given strong risk-adjusted returns
  • Monitor rank changes to detect deteriorating return-to-volatility profile
  • Exceptional Sharpe ratio supports larger position sizes
  • Compare with category peers to assess whether strength is investment-specific or category-wide

PRA.TO Sharpe Ratio Market Positioning

The chart shows PRA.TO's Sharpe Ratio relative to all ETFs on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): 0.59 or lower
  • Yellow zone (middle 50%): 0.59 to 1.73
  • Green zone (top 25%): 1.73 or higher
  • Top 1%: 6.38+
  • Median: 1.22 — half of all investments score higher

How it compares to other similar ETFs

The table compares Purpose Diversified Real Asset Fund's Sharpe Ratio with other ETFs in the Diversified Portfolio, Global Allocation, Natural Resources, Actively Managed category across multiple time periods, showing how PRA.TO's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jul 25, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
CBNK.TOMulvihill Canadian Bank Enhanced Yield ETF5.28
PDF.TOPurpose Core Dividend Fund3.99
PINC.TOPurpose Multi-Asset Income Fund3.89
PRA.TOPurpose Diversified Real Asset Fund3.08
RIRA.TORussell Investments Real Assets2.88
RPDH.TORBC Quant European Dividend Leaders CAD Hedged ETF2.88
ZWQT.TOBMO Global Enhanced Income Fund Series ETF2.79
GRO.TOFranklin Growth ETF Portfolio2.57
ATSX.TOAccelerate Canadian Long Short Equity Fund2.54
CNCC.TOGlobal X Canadian S&P/TSX 60 Covered Call ETF2.52

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows PRA.TO's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when PRA.TO consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Sharpe Ratio Calculator

How does PRA.TO fit in your portfolio?

Add your other holdings to see your portfolio's Sharpe Ratio and find out.

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