Purpose High Interest Savings Fund (PSA.TO) Alternatives

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 funds that fit a different role in your portfolio.

Cheapest Alternatives to PSA.TO

PSA.TO charges 0.17% annually. Among ETFs in the Money Market category, these options have the lowest expense ratios among PSA.TO alternatives.

Symbol	Name	Expense Ratio	Inception
CASH.TO	Global X High Interest Savings ETF	0.11%	Nov 1, 2021	PSA.TO vs CASH.TO
ZMMK.TO	BMO Money Market Fund ETF Series	0.13%	Nov 28, 2021	PSA.TO vs ZMMK.TO
CMR.TO	iShares Premium Money Market ETF	0.14%	Feb 19, 2008	PSA.TO vs CMR.TO
CSAV.TO	CI High Interest Savings ETF	0.15%	Jun 14, 2019	PSA.TO vs CSAV.TO
HISU-U.TO	Evolve US High Interest Savings Account Fund	0.15%	Aug 30, 2022	PSA.TO vs HISU-U.TO

Best Risk-Adjusted Alternatives to PSA.TO

Among ETFs in the Money Market category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.

Symbol	Name	Risk / Return Rank	Inception
MNY.TO	Purpose Cash Management Fund	100	Sep 14, 2022	PSA.TO vs MNY.TO
CSAV.TO	CI High Interest Savings ETF	100	Jun 14, 2019	PSA.TO vs CSAV.TO
ZMMK.TO	BMO Money Market Fund ETF Series	100	Nov 28, 2021	PSA.TO vs ZMMK.TO
CMR.TO	iShares Premium Money Market ETF	100	Feb 19, 2008	PSA.TO vs CMR.TO
CASH.TO	Global X High Interest Savings ETF	99	Nov 1, 2021	PSA.TO vs CASH.TO

Top Performing PSA.TO Alternatives (YTD)

PSA.TO alternatives from the Money Market category, sorted by year-to-date return.

Symbol	Name	YTD Return	Inception
HSUV-U.TO	Global X USD Cash Maximizer Corporate Class ETF	0.76%	Jun 30, 2020	PSA.TO vs HSUV-U.TO
HISU-U.TO	Evolve US High Interest Savings Account Fund	0.60%	Aug 30, 2022	PSA.TO vs HISU-U.TO
CMR.TO	iShares Premium Money Market ETF	0.58%	Feb 19, 2008	PSA.TO vs CMR.TO
CMNY.TO	CI Money Market ETF CAD Series	0.57%	Jul 25, 2023	PSA.TO vs CMNY.TO
ZMMK.TO	BMO Money Market Fund ETF Series	0.57%	Nov 28, 2021	PSA.TO vs ZMMK.TO

Lowest Volatility Alternatives to PSA.TO

PSA.TO alternatives from the Money Market category, sorted by annualized volatility over the past year.

Symbol	Name	Volatility 1Y	Inception
MNY.TO	Purpose Cash Management Fund	0.18%	Sep 14, 2022	PSA.TO vs MNY.TO
CSAV.TO	CI High Interest Savings ETF	0.23%	Jun 14, 2019	PSA.TO vs CSAV.TO
CMR.TO	iShares Premium Money Market ETF	0.23%	Feb 19, 2008	PSA.TO vs CMR.TO
CASH.TO	Global X High Interest Savings ETF	0.26%	Nov 1, 2021	PSA.TO vs CASH.TO
ZMMK.TO	BMO Money Market Fund ETF Series	0.26%	Nov 28, 2021	PSA.TO vs ZMMK.TO

Lowest Drawdown Alternatives to PSA.TO

PSA.TO alternatives from the Money Market category, sorted by maximum drawdown over the past year.

Symbol	Name	Max Drawdown 1Y	Inception
CSAV.TO	CI High Interest Savings ETF	-0.02%	Jun 14, 2019	PSA.TO vs CSAV.TO
ZMMK.TO	BMO Money Market Fund ETF Series	-0.03%	Nov 28, 2021	PSA.TO vs ZMMK.TO
MNY.TO	Purpose Cash Management Fund	-0.04%	Sep 14, 2022	PSA.TO vs MNY.TO
CMNY.TO	CI Money Market ETF CAD Series	-0.06%	Jul 25, 2023	PSA.TO vs CMNY.TO
HISU-U.TO	Evolve US High Interest Savings Account Fund	-0.09%	Aug 30, 2022	PSA.TO vs HISU-U.TO

Other ETFs from Purpose Investments

Most popular Purpose Investments ETFs on PortfoliosLab, across asset classes.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
BTCC.TO	Purpose Bitcoin CAD ETF Currency Hedged Units	Cryptocurrency	5	-23.52%	Nov 9, 2021	PSA.TO vs BTCC.TO
YTSL.NEO	Tesla (TSLA) Yield Shares Purpose ETF	Derivative Income	78	-17.92%	Dec 19, 2022	PSA.TO vs YTSL.NEO
SBT.TO	Purpose Silver Bullion Fund	Precious Metals	86	5.57%	May 25, 2016	PSA.TO vs SBT.TO
PDIV.TO	Purpose Enhanced Dividend Fund ETF	Dividend	78	1.14%	Jan 2, 2018	PSA.TO vs PDIV.TO
YNVD.NEO	NVIDIA (NVDA) Yield Shares Purpose ETF	Derivative Income	89	-5.25%	Jan 18, 2024	PSA.TO vs YNVD.NEO
KILO-B.TO	Purpose Gold Bullion Fund ETF Non-Currency Hedged	Gold, Precious Metals	84	9.94%	Oct 15, 2018	PSA.TO vs KILO-B.TO
BTCC-B.TO	Purpose Bitcoin ETF Non-Currency Hedged Units	Cryptocurrency	5	-21.65%	Oct 14, 2021	PSA.TO vs BTCC-B.TO
BTCY.TO	Purpose Bitcoin Yield ETF - ETF Units		4	-26.66%	Dec 2, 2021	PSA.TO vs BTCY.TO
YAMZ.NEO	Amazon (AMZN) Yield Shares Purpose ETF	Derivative Income	23	-11.29%	Dec 19, 2022	PSA.TO vs YAMZ.NEO
BRKY.NEO	Berkshire Hathaway Yield Shares Purpose ETF	Large Cap Blend Equities	2	-6.15%	Dec 19, 2022	PSA.TO vs BRKY.NEO

Often Compared With PSA.TO

What investors most often compare with PSA.TO, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
HSAV.TO	Global X Cash Maximizer Corporate Class ETF	Bank Loan	96	1.13%	Feb 5, 2020	PSA.TO vs HSAV.TO
CBIL.TO	Global X 0-3 Month T-Bill ETF	Canadian Government Bonds	99	0.30%	Apr 12, 2023	PSA.TO vs CBIL.TO
ZCS.TO	BMO Short Corporate Bond Index ETF	Canadian Government Bonds	82	0.15%	Oct 20, 2009	PSA.TO vs ZCS.TO
TCSH.TO	TD Cash Management ETF	Canadian Government Bonds	99	0.37%	Feb 15, 2024	PSA.TO vs TCSH.TO
ZST.TO	BMO Ultra Short-Term Bond ETF	Canadian Government Bonds, Ultrashort Bond	74	0.59%	Jan 27, 2011	PSA.TO vs ZST.TO
XSTP.TO	iShares 0-5 Year TIPS Bond Index ETF	Inflation-Protected Bonds	12	2.42%	Jul 6, 2021	PSA.TO vs XSTP.TO
DXV.TO	Dynamic Active Investment Grade Floating Rate ETF		97	0.54%	—	PSA.TO vs DXV.TO
XFR.TO	iShares Floating Rate Index ETF	Canadian Government Bonds	98	0.56%	Dec 6, 2011	PSA.TO vs XFR.TO
HISA.NEO	Evolve High Interest Savings Account ETF	Money Market	99	0.30%	Nov 19, 2019	PSA.TO vs HISA.NEO
ZDB.TO	BMO Discount Bond	Canadian Government Bonds	14	0.17%	Feb 10, 2014	PSA.TO vs ZDB.TO
VVSGX	VALIC Company I Small Cap Growth Fund	Small Cap Growth Equities	15	-7.42%	Aug 31, 2006	PSA.TO vs VVSGX
ETHH.TO	Purpose Ether ETF	Cryptocurrency	18	-30.39%	Oct 14, 2021	PSA.TO vs ETHH.TO
CLIP	Global X 1-3 Month T-Bill ETF	Ultrashort Bond	100	0.86%	Jun 20, 2023	PSA.TO vs CLIP
SGOV	iShares 0-3 Month Treasury Bond ETF	Ultrashort Bond	100	0.86%	May 26, 2020	PSA.TO vs SGOV
BIL	SPDR Barclays 1-3 Month T-Bill ETF	Government Bonds	100	0.85%	May 25, 2007	PSA.TO vs BIL
MINT	PIMCO Enhanced Short Maturity Active ETF	Ultrashort Bond	100	0.91%	Nov 16, 2009	PSA.TO vs MINT
SHV	iShares Short Treasury Bond ETF	Government Bonds	100	0.81%	Jan 11, 2007	PSA.TO vs SHV
SWVXX	Schwab Value Advantage Money Fund	Money Market	—	0.57%	Aug 27, 1993	PSA.TO vs SWVXX
PYF.TO	Purpose Premium Yield Fund Series ETF	Diversified Portfolio	25	-0.23%	Nov 28, 2018	PSA.TO vs PYF.TO
USFR	WisdomTree Bloomberg Floating Rate Treasury Fund	Government Bonds	100	0.93%	Feb 4, 2014	PSA.TO vs USFR

Compare PSA.TO with Any Fund or Stock

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

Symbol name

Purpose High Interest Savings Fund

Symbol name