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 9 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%	6.70B	Nov 2021	PSA.TO vs CASH.TO
ZMMK.TO	BMO Money Market Fund ETF Series	0.13%	5.70B	Nov 2021	PSA.TO vs ZMMK.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
CMR.TO	iShares Premium Money Market ETF	0.14%	2.67B	Feb 2008	PSA.TO vs CMR.TO

Best Risk-Adjusted Alternatives to PSA.TO

PSA.TO has a PortfoliosLab risk / return rank of 100. There are 2 ETFs in the Money Market category with higher risk-adjusted ranks, going as high as 100.

Symbol	Name	Risk / Return Rank	AUM	Inception
MNY.TO	Purpose Cash Management Fund	100	2.90B	Sep 2022	PSA.TO vs MNY.TO
CASH.TO	Global X High Interest Savings ETF	100	6.70B	Nov 2021	PSA.TO vs CASH.TO
CSAV.TO	CI High Interest Savings ETF	100	4.71B	Jun 2019	PSA.TO vs CSAV.TO
ZMMK.TO	BMO Money Market Fund ETF Series	100	5.70B	Nov 2021	PSA.TO vs ZMMK.TO
CMR.TO	iShares Premium Money Market ETF	99	2.67B	Feb 2008	PSA.TO vs CMR.TO

Top Performing PSA.TO Alternatives (YTD)

PSA.TO is at 0.89% YTD. There are 10 ETFs in the Money Market category with higher YTD returns, going as high as 2.78%.

Symbol	Name	YTD Return	AUM	Inception
ZUCM.TO	BMO USD Cash Management ETF	2.78%	—	Sep 2023	PSA.TO vs ZUCM.TO
HSUV-U.TO	Global X USD Cash Maximizer Corporate Class ETF	1.45%	767.50M	Jun 2020	PSA.TO vs HSUV-U.TO
MNU-U.TO	Purpose USD Cash Management ETF	1.13%	—	Apr 2023	PSA.TO vs MNU-U.TO
PSU-U.TO	Purpose US Cash Fund	1.05%	964.00	Feb 2016	PSA.TO vs PSU-U.TO
HISU-U.TO	Evolve US High Interest Savings Account Fund	1.04%	704.06M	Aug 2022	PSA.TO vs HISU-U.TO

Lowest Volatility Alternatives to PSA.TO

PSA.TO has 0.23% 1-year volatility. There are 3 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%	2.90B	Sep 2022	PSA.TO vs MNY.TO
CMR.TO	iShares Premium Money Market ETF	0.22%	2.67B	Feb 2008	PSA.TO vs CMR.TO
CASH.TO	Global X High Interest Savings ETF	0.22%	6.70B	Nov 2021	PSA.TO vs CASH.TO
CSAV.TO	CI High Interest Savings ETF	0.23%	4.71B	Jun 2019	PSA.TO vs CSAV.TO
ZMMK.TO	BMO Money Market Fund ETF Series	0.26%	5.70B	Nov 2021	PSA.TO vs ZMMK.TO

Lowest Drawdown Alternatives to PSA.TO

PSA.TO has a 1-year max drawdown of -0.02%. No ETFs in the Money Market category have shallower 1-year drawdowns; the lowest-drawdown alternatives shown here go as shallow as -0.02%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
CSAV.TO	CI High Interest Savings ETF	-0.02%	4.71B	Jun 2019	PSA.TO vs CSAV.TO
CASH.TO	Global X High Interest Savings ETF	-0.02%	6.70B	Nov 2021	PSA.TO vs CASH.TO
ZMMK.TO	BMO Money Market Fund ETF Series	-0.03%	5.70B	Nov 2021	PSA.TO vs ZMMK.TO
MNY.TO	Purpose Cash Management Fund	-0.04%	2.90B	Sep 2022	PSA.TO vs MNY.TO
TBIL.TO	Harvest Canadian T-Bill ETF	-0.04%	—	Jan 2024	PSA.TO vs TBIL.TO

Other ETFs from Purpose Investments

The 10 most viewed Purpose Investments ETFs shown here include BTCC.TO, YTSL.NEO, SBT.TO and span 8 categories. AUM among these funds goes as high as $2B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
BTCC.TO	Purpose Bitcoin CAD ETF Currency Hedged Units	Cryptocurrency	2	-26.80%	1.90B	Nov 2021	PSA.TO vs BTCC.TO
YTSL.NEO	Tesla (TSLA) Yield Shares Purpose ETF	Derivative Income	30	-6.32%	438.20M	Dec 2022	PSA.TO vs YTSL.NEO
SBT.TO	Purpose Silver Bullion Fund	Silver, Precious Metals	46	2.24%	164.90M	May 2016	PSA.TO vs SBT.TO
PDIV.TO	Purpose Enhanced Dividend Fund ETF	Dividend	82	7.12%	212.60M	Jan 2018	PSA.TO vs PDIV.TO
PMM.TO	Purpose Multi-Strategy Market Neutral Fund	Long-Short	64	5.69%	10.90M	Oct 2014	PSA.TO vs PMM.TO
YNVD.NEO	NVIDIA (NVDA) Yield Shares Purpose ETF	Derivative Income	62	17.05%	206.20M	Jan 2024	PSA.TO vs YNVD.NEO
BTCY.TO	Purpose Bitcoin Yield ETF - ETF Units		2	-28.08%	116.80M	Dec 2021	PSA.TO vs BTCY.TO
KILO-B.TO	Purpose Gold Bullion Fund ETF Non-Currency Hedged	Gold, Precious Metals	38	4.14%	—	Oct 2018	PSA.TO vs KILO-B.TO
BTCC-B.TO	Purpose Bitcoin ETF Non-Currency Hedged Units	Cryptocurrency	2	-24.57%	—	Oct 2021	PSA.TO vs BTCC-B.TO
BRKY.NEO	Berkshire Hathaway Yield Shares Purpose ETF	Large Cap Blend Equities	3	-6.85%	51.20M	Dec 2022	PSA.TO vs BRKY.NEO

Often Compared With PSA.TO

Investors most often compare PSA.TO with HSAV.TO, CBIL.TO, TCSH.TO. These 20 comparison targets span 10 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	Bank Loan	66	1.04%	1.92B	Feb 2020	PSA.TO vs HSAV.TO
CBIL.TO	Global X 0-3 Month T-Bill ETF	Canadian Government Bonds	99	0.85%	2.27B	Apr 2023	PSA.TO vs CBIL.TO
TCSH.TO	TD Cash Management ETF	Canadian Government Bonds	99	0.85%	—	Feb 2024	PSA.TO vs TCSH.TO
ZCS.TO	BMO Short Corporate Bond Index ETF	Canadian Government Bonds	56	1.29%	4.34B	Oct 2009	PSA.TO vs ZCS.TO
ZST.TO	BMO Ultra Short-Term Bond ETF	Canadian Government Bonds, Ultrashort Bond	47	1.08%	3.53B	Jan 2011	PSA.TO vs ZST.TO
XSTP.TO	iShares 0-5 Year TIPS Bond Index ETF	Inflation-Protected Bonds	28	3.35%	—	Jul 2021	PSA.TO vs XSTP.TO
DXV.TO	Dynamic Active Investment Grade Floating Rate ETF		83	1.25%	344.32M	—	PSA.TO vs DXV.TO
XFR.TO	iShares Floating Rate Index ETF	Canadian Government Bonds	98	1.00%	812.99M	Dec 2011	PSA.TO vs XFR.TO
HISA.NEO	Evolve High Interest Savings Account ETF	Money Market	86	0.60%	2.74B	Nov 2019	PSA.TO vs HISA.NEO
ZDB.TO	BMO Discount Bond	Canadian Government Bonds	19	1.53%	1.26B	Feb 2014	PSA.TO vs ZDB.TO
VVSGX	VALIC Company I Small Cap Growth Fund	Small Cap Growth Equities	23	11.32%	—	Aug 2006	PSA.TO vs VVSGX
MCAD.TO	Evolve Premium Cash Management ETF	Short-Term Bond	100	0.94%	—	May 2023	PSA.TO vs MCAD.TO
CMNY.TO	CI Money Market ETF CAD Series	Money Market	99	0.99%	—	Jul 2023	PSA.TO vs CMNY.TO
YCST.NEO	Costco (COST) Yield Shares Purpose ETF	Derivative Income	5	12.72%	—	Feb 2025	PSA.TO vs YCST.NEO
ETHH.TO	Purpose Ether ETF	Cryptocurrency	5	-40.68%	—	Oct 2021	PSA.TO vs ETHH.TO
YAMZ.NEO	Amazon (AMZN) Yield Shares Purpose ETF	Derivative Income	21	3.60%	118.20M	Dec 2022	PSA.TO vs YAMZ.NEO
PYF.TO	Purpose Premium Yield Fund Series ETF	Diversified Portfolio	22	1.16%	708.70M	Nov 2018	PSA.TO vs PYF.TO
XSTB.TO	iShares ESG Aware Canadian Short Term Bond Index E...	Canadian Government Bonds	41	0.89%	142.35M	Mar 2019	PSA.TO vs XSTB.TO
CLIP	Global X 1-3 Month T-Bill ETF	Ultrashort Bond	100	1.50%	2.83B	Jun 2023	PSA.TO vs CLIP
SGOV	iShares 0-3 Month Treasury Bond ETF	Ultrashort Bond	100	1.51%	91.90B	May 2020	PSA.TO vs SGOV

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