Purpose US Cash Fund (PSU-U.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 PSU-U.TO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PSU-U.TO
PSU-U.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 | |
|---|---|---|---|---|---|
| Global X High Interest Savings ETF | 0.11% | 6.67B | Nov 2021 | PSU-U.TO vs CASH.TO | |
| iShares Premium Money Market ETF | 0.13% | 2.60B | Feb 2008 | PSU-U.TO vs CMR.TO | |
| BMO Money Market Fund ETF Series | 0.13% | 5.68B | Nov 2021 | PSU-U.TO vs ZMMK.TO | |
| BMO USD Cash Management ETF | 0.14% | — | Sep 2023 | PSU-U.TO vs ZUCM.TO | |
| CIBC Premium Cash Management ETF | 0.14% | — | May 2025 | PSU-U.TO vs CCAD.TO |
Best Risk-Adjusted Alternatives to PSU-U.TO
PSU-U.TO has a PortfoliosLab risk / return rank of 100. There is 1 ETF in the Money Market category with a higher risk-adjusted rank, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Evolve US High Interest Savings Account Fund | 100 | 698.22M | Aug 2022 | PSU-U.TO vs HISU-U.TO | |
| Purpose Cash Management Fund | 100 | 2.90B | Sep 2022 | PSU-U.TO vs MNY.TO | |
| iShares Premium Money Market ETF | 100 | 2.60B | Feb 2008 | PSU-U.TO vs CMR.TO | |
| Purpose USD Cash Management ETF | 100 | — | Apr 2023 | PSU-U.TO vs MNU-U.TO | |
| Global X High Interest Savings ETF | 99 | 6.67B | Nov 2021 | PSU-U.TO vs CASH.TO |
Top Performing PSU-U.TO Alternatives (YTD)
PSU-U.TO is at 1.64% YTD. There are 2 ETFs in the Money Market category with higher YTD returns, going as high as 5.28%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| BMO USD Cash Management ETF | 5.28% | — | Sep 2023 | PSU-U.TO vs ZUCM.TO | |
| Purpose USD Cash Management ETF | 1.74% | — | Apr 2023 | PSU-U.TO vs MNU-U.TO | |
| Evolve US High Interest Savings Account Fund | 1.61% | 698.22M | Aug 2022 | PSU-U.TO vs HISU-U.TO | |
| Global X USD Cash Maximizer Corporate Class ETF | 1.38% | 768.88M | Jun 2020 | PSU-U.TO vs HSUV-U.TO | |
| iShares Premium Money Market ETF | 1.11% | 2.60B | Feb 2008 | PSU-U.TO vs CMR.TO |
Lowest Volatility Alternatives to PSU-U.TO
PSU-U.TO has 0.21% 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 | |
|---|---|---|---|---|---|
| Purpose Cash Management Fund | 0.16% | 2.90B | Sep 2022 | PSU-U.TO vs MNY.TO | |
| Evolve US High Interest Savings Account Fund | 0.19% | 698.22M | Aug 2022 | PSU-U.TO vs HISU-U.TO | |
| iShares Premium Money Market ETF | 0.20% | 2.60B | Feb 2008 | PSU-U.TO vs CMR.TO | |
| Global X High Interest Savings ETF | 0.23% | 6.67B | Nov 2021 | PSU-U.TO vs CASH.TO | |
| Harvest Canadian T-Bill ETF | 0.25% | — | Jan 2024 | PSU-U.TO vs TBIL.TO |
Lowest Drawdown Alternatives to PSU-U.TO
PSU-U.TO has a 1-year max drawdown of -0.05%. There are 7 ETFs in the Money Market category with shallower 1-year drawdowns, going as shallow as -0.01%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Evolve US High Interest Savings Account Fund | -0.01% | 698.22M | Aug 2022 | PSU-U.TO vs HISU-U.TO | |
| CI High Interest Savings ETF | -0.02% | 4.63B | Jun 2019 | PSU-U.TO vs CSAV.TO | |
| iShares Premium Money Market ETF | -0.02% | 2.60B | Feb 2008 | PSU-U.TO vs CMR.TO | |
| Global X High Interest Savings ETF | -0.02% | 6.67B | Nov 2021 | PSU-U.TO vs CASH.TO | |
| Purpose High Interest Savings Fund | -0.02% | 4.10B | Oct 2013 | PSU-U.TO vs PSA.TO |
Other ETFs from Purpose Investments
The 10 most viewed Purpose Investments ETFs shown here include KILO.TO, BTCC.TO, YTSL.NEO and span 7 categories. AUM among these funds goes as high as $2B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Purpose Gold Bullion Fund | Gold, Precious Metals | 20 | -5.68% | 1.10B | Oct 2018 | PSU-U.TO vs KILO.TO | |
| Purpose Bitcoin CAD ETF Currency Hedged Units | Cryptocurrency | 2 | -30.32% | 1.70B | Feb 2021 | PSU-U.TO vs BTCC.TO | |
| Tesla (TSLA) Yield Shares Purpose ETF | Derivative Income | 22 | -15.72% | 419.10M | Dec 2022 | PSU-U.TO vs YTSL.NEO | |
| Purpose Silver Bullion Fund | Silver, Precious Metals | 30 | -15.10% | 155.00M | May 2016 | PSU-U.TO vs SBT.TO | |
| Purpose Enhanced Dividend Fund ETF | Dividend | 87 | 8.23% | 223.90M | Jan 2018 | PSU-U.TO vs PDIV.TO | |
| NVIDIA (NVDA) Yield Shares Purpose ETF | Derivative Income | 42 | 8.49% | 206.50M | Jan 2024 | PSU-U.TO vs YNVD.NEO | |
| Purpose Multi-Strategy Market Neutral Fund | Long-Short | 70 | 5.38% | 11.10M | Oct 2014 | PSU-U.TO vs PMM.TO | |
| Purpose Bitcoin Yield ETF - ETF Units | 2 | -33.54% | 116.50M | Dec 2021 | PSU-U.TO vs BTCY.TO | ||
| Purpose Gold Bullion Fund ETF Non-Currency Hedged | Gold, Precious Metals | 28 | -1.48% | — | Oct 2018 | PSU-U.TO vs KILO-B.TO | |
| Purpose Bitcoin ETF Non-Currency Hedged Units | Cryptocurrency | 3 | -26.24% | — | Feb 2021 | PSU-U.TO vs BTCC-B.TO |
Often Compared With PSU-U.TO
Investors most often compare PSU-U.TO with BTCC-U.TO, HISA.NEO, CMNY.TO. These 5 comparison targets span 3 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Purpose Bitcoin ETF Non-Currency Hedged Units | Cryptocurrency | 2 | -29.01% | — | Feb 2021 | PSU-U.TO vs BTCC-U.TO | |
| Evolve High Interest Savings Account ETF | Money Market | 99 | 0.96% | 2.68B | Nov 2019 | PSU-U.TO vs HISA.NEO | |
| CI Money Market ETF CAD Series | Money Market | 99 | 1.11% | — | Jul 2023 | PSU-U.TO vs CMNY.TO | |
| Berkshire Hathaway Yield Shares Purpose ETF | Large Cap Blend Equities | 8 | -2.85% | 53.40M | Dec 2022 | PSU-U.TO vs BRKY.NEO | |
| Global X Cash Maximizer Corporate Class ETF | Money Market | 61 | 0.90% | 1.92B | Feb 2020 | PSU-U.TO vs HSAV.TO |
Compare PSU-U.TO with Any Fund or Stock
Compare PSU-U.TO with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PSU-U.TO with funds that move differently
Purpose US Cash Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PSU-U.TO.
Explore PSU-U.TO Diversifiers