PSA.TO Alternatives & Similar ETFs

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

Cheapest Alternatives to PSA.TO

PSA.TO charges 0.17% annually. There are 10 ETFs in the Money Market category with lower expense ratios, going as low as 0.11%.

Symbol	Name	Expense Ratio	AUM	Inception
CASH.TO	Global X High Interest Savings ETF	0.11%	6.55B	Nov 2021	PSA.TO vs CASH.TO
ZMMK.TO	BMO Money Market Fund ETF Series	0.13%	5.83B	Nov 2021	PSA.TO vs ZMMK.TO
CMR.TO	iShares Premium Money Market ETF	0.13%	2.70B	Feb 2008	PSA.TO vs CMR.TO
ZUCM.TO	BMO USD Cash Management ETF	0.14%	—	Sep 2023	PSA.TO vs ZUCM.TO
CCAD.TO	CIBC Premium Cash Management ETF	0.14%	—	May 2025	PSA.TO vs CCAD.TO

Best Risk-Adjusted Alternatives to PSA.TO

PSA.TO has a PortfoliosLab risk / return rank of 100. There are 6 ETFs in the Money Market category with higher risk-adjusted ranks, going as high as 100.

Symbol	Name	Risk / Return Rank	AUM	Inception
PSU-U.TO	Purpose US Cash Fund	100	934.00	Feb 2016	PSA.TO vs PSU-U.TO
MNY.TO	Purpose Cash Management Fund	100	3.10B	Sep 2022	PSA.TO vs MNY.TO
UCSH-U.TO	Global X USD High Interest Savings ETF	100	152.74M	Jan 2024	PSA.TO vs UCSH-U.TO
CMR.TO	iShares Premium Money Market ETF	100	2.70B	Feb 2008	PSA.TO vs CMR.TO
MNU-U.TO	Purpose USD Cash Management ETF	100	—	Apr 2023	PSA.TO vs MNU-U.TO

Top Performing PSA.TO Alternatives (YTD)

PSA.TO is at 1.27% YTD. There are 11 ETFs in the Money Market category with higher YTD returns, going as high as 4.29%.

Symbol	Name	YTD Return	AUM	Inception
ZUCM.TO	BMO USD Cash Management ETF	4.29%	—	Sep 2023	PSA.TO vs ZUCM.TO
MNU-U.TO	Purpose USD Cash Management ETF	2.16%	—	Apr 2023	PSA.TO vs MNU-U.TO
PSU-U.TO	Purpose US Cash Fund	2.05%	934.00	Feb 2016	PSA.TO vs PSU-U.TO
HISU-U.TO	Evolve US High Interest Savings Account Fund	2.02%	631.19M	Aug 2022	PSA.TO vs HISU-U.TO
UCSH-U.TO	Global X USD High Interest Savings ETF	1.98%	152.74M	Jan 2024	PSA.TO vs UCSH-U.TO

Lowest Volatility Alternatives to PSA.TO

PSA.TO has 0.25% 1-year volatility. There are 6 ETFs in the Money Market category with lower 1-year volatility, going as low as 0.16%.

Symbol	Name	Volatility 1Y	AUM	Inception
MNY.TO	Purpose Cash Management Fund	0.16%	3.10B	Sep 2022	PSA.TO vs MNY.TO
HISU-U.TO	Evolve US High Interest Savings Account Fund	0.18%	631.19M	Aug 2022	PSA.TO vs HISU-U.TO
CMR.TO	iShares Premium Money Market ETF	0.20%	2.70B	Feb 2008	PSA.TO vs CMR.TO
PSU-U.TO	Purpose US Cash Fund	0.21%	934.00	Feb 2016	PSA.TO vs PSU-U.TO
CASH.TO	Global X High Interest Savings ETF	0.23%	6.55B	Nov 2021	PSA.TO vs CASH.TO

Lowest Drawdown Alternatives to PSA.TO

PSA.TO has a 1-year max drawdown of -0.02%. There is 1 ETF in the Money Market category with a shallower 1-year drawdown, going as shallow as 0.00%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
HISU-U.TO	Evolve US High Interest Savings Account Fund	0.00%	631.19M	Aug 2022	PSA.TO vs HISU-U.TO
CASH.TO	Global X High Interest Savings ETF	-0.02%	6.55B	Nov 2021	PSA.TO vs CASH.TO
CMR.TO	iShares Premium Money Market ETF	-0.02%	2.70B	Feb 2008	PSA.TO vs CMR.TO
CSAV.TO	CI High Interest Savings ETF	-0.02%	4.51B	Jun 2019	PSA.TO vs CSAV.TO
UCSH-U.TO	Global X USD High Interest Savings ETF	-0.04%	152.74M	Jan 2024	PSA.TO vs UCSH-U.TO

Other ETFs from Purpose

The 10 most viewed Purpose ETFs shown here include KILO.TO, BND.TO, BTCC.TO and span 13 categories. AUM among these funds goes as high as $3B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
KILO.TO	Purpose Gold Bullion Fund	Gold, Precious Metals	28	-7.39%	1.00B	Oct 2018	PSA.TO vs KILO.TO
BND.TO	Purpose Global Bond Fund	Global Bonds	37	0.22%	2.50B	Oct 2015	PSA.TO vs BND.TO
BTCC.TO	Purpose Bitcoin CAD ETF Currency Hedged Units	Cryptocurrency	1	-29.88%	1.60B	Feb 2021	PSA.TO vs BTCC.TO
YTSL.NEO	Tesla (TSLA) Yield Shares Purpose ETF	Derivative Income	19	-32.98%	362.80M	Dec 2022	PSA.TO vs YTSL.NEO
SBT.TO	Purpose Silver Bullion Fund	Silver, Precious Metals	32	-19.30%	131.10M	May 2016	PSA.TO vs SBT.TO
PDIV.TO	Purpose Enhanced Dividend Fund ETF	Dividend	94	11.04%	235.10M	Jan 2018	PSA.TO vs PDIV.TO
SYLD.TO	Purpose Strategic Yield Fund	High Yield Bonds, Corporate Bonds	95	3.26%	541.50M	Apr 2018	PSA.TO vs SYLD.TO
PDF.TO	Purpose Core Dividend Fund	Dividend, Canada Equities, Actively Managed	97	20.56%	475.00M	Sep 2013	PSA.TO vs PDF.TO
YNVD.NEO	NVIDIA (NVDA) Yield Shares Purpose ETF	Derivative Income	27	10.31%	192.70M	Jan 2024	PSA.TO vs YNVD.NEO
PMM.TO	Purpose Multi-Strategy Market Neutral Fund	Equity Market Neutral, Multistrategy, Actively Managed	68	6.48%	19.60M	Oct 2014	PSA.TO vs PMM.TO

Often Compared With PSA.TO

Investors most often compare PSA.TO with HSAV.TO, CBIL.TO, TCSH.TO. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
HSAV.TO	Global X Cash Maximizer Corporate Class ETF	Money Market	63	1.00%	1.93B	Feb 2020	PSA.TO vs HSAV.TO
CBIL.TO	Global X 0-3 Month T-Bill ETF	Canadian Government Bonds	99	1.23%	2.56B	Apr 2023	PSA.TO vs CBIL.TO
TCSH.TO	TD Cash Management ETF	Ultrashort Bond	99	1.27%	—	Feb 2024	PSA.TO vs TCSH.TO
ZCS.TO	BMO Short Corporate Bond Index ETF	Corporate Bonds	64	1.36%	4.76B	Oct 2009	PSA.TO vs ZCS.TO
ZST.TO	BMO Ultra Short-Term Bond ETF	Ultrashort Bond	61	1.53%	3.50B	Jan 2011	PSA.TO vs ZST.TO
XSTP.TO	iShares 0-5 Year TIPS Bond Index ETF	Inflation-Protected Bonds	28	3.98%	—	Jul 2021	PSA.TO vs XSTP.TO
DXV.TO	Dynamic Active Ultra Short Term Bond ETF	Ultrashort Bond, Corporate Bonds, Actively Managed	88	1.65%	344.32M	Mar 2018	PSA.TO vs DXV.TO
XFR.TO	iShares Floating Rate Index ETF	Canadian Government Bonds	98	1.49%	803.49M	Dec 2011	PSA.TO vs XFR.TO
HISA.NEO	Evolve High Interest Savings Account ETF	Money Market	99	1.19%	2.55B	Nov 2019	PSA.TO vs HISA.NEO
ZDB.TO	BMO Discount Bond	Canadian Government Bonds	22	0.42%	1.34B	Feb 2014	PSA.TO vs ZDB.TO
BRKY.NEO	Berkshire Hathaway Yield Shares Purpose ETF	Large Cap Blend Equities	19	0.67%	54.40M	Dec 2022	PSA.TO vs BRKY.NEO
VVSGX	VALIC Company I Small Cap Growth Fund	Small Cap Growth Equities	35	15.08%	—	Aug 2006	PSA.TO vs VVSGX
MCAD.TO	Evolve Premium Cash Management ETF	Short-Term Bond	100	1.30%	—	May 2023	PSA.TO vs MCAD.TO
TBIL.TO	Harvest Canadian T-Bill ETF	Money Market	—	—	—	Jan 2024	PSA.TO vs TBIL.TO
CMNY.TO	CI Money Market ETF CAD Series	Money Market	99	1.40%	—	Jul 2023	PSA.TO vs CMNY.TO
HSUV-U.TO	Global X USD Cash Maximizer Corporate Class ETF	Money Market	95	1.60%	771.65M	Jun 2020	PSA.TO vs HSUV-U.TO
YAMZ.NEO	Amazon (AMZN) Yield Shares Purpose ETF	Derivative Income	21	12.53%	117.30M	Dec 2022	PSA.TO vs YAMZ.NEO
YCST.NEO	Costco (COST) Yield Shares Purpose ETF	Derivative Income	14	12.84%	9.20M	Feb 2025	PSA.TO vs YCST.NEO
BTCC-B.TO	Purpose Bitcoin ETF Non-Currency Hedged Units	Cryptocurrency	2	-27.01%	—	Feb 2021	PSA.TO vs BTCC-B.TO
BTCY.TO	Purpose Bitcoin Yield ETF	Cryptocurrency, Derivative Income	2	-32.82%	117.20M	Dec 2021	PSA.TO vs BTCY.TO

Compare PSA.TO with Any Fund or Stock

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

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Diversifiers

Pair PSA.TO with funds that move differently

Purpose High Interest Savings Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PSA.TO.

Explore PSA.TO Diversifiers

Purpose High Interest Savings Fund (PSA.TO) Alternatives