PSU-U.TO Alternatives & Similar ETFs

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
CASH.TO	Global X High Interest Savings ETF	0.11%	6.70B	Nov 2021	PSU-U.TO vs CASH.TO
ZMMK.TO	BMO Money Market Fund ETF Series	0.13%	5.70B	Nov 2021	PSU-U.TO vs ZMMK.TO
ZUCM.TO	BMO USD Cash Management ETF	0.14%	—	Sep 2023	PSU-U.TO vs ZUCM.TO
CCAD.TO	CIBC Premium Cash Management ETF	0.14%	—	May 2025	PSU-U.TO vs CCAD.TO
CMR.TO	iShares Premium Money Market ETF	0.14%	2.67B	Feb 2008	PSU-U.TO vs CMR.TO

Best Risk-Adjusted Alternatives to PSU-U.TO

PSU-U.TO has a PortfoliosLab risk / return rank of 99. There are 10 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	PSU-U.TO vs MNY.TO
CASH.TO	Global X High Interest Savings ETF	100	6.70B	Nov 2021	PSU-U.TO vs CASH.TO
PSA.TO	Purpose High Interest Savings Fund	100	4.20B	Oct 2013	PSU-U.TO vs PSA.TO
CSAV.TO	CI High Interest Savings ETF	100	4.71B	Jun 2019	PSU-U.TO vs CSAV.TO
ZMMK.TO	BMO Money Market Fund ETF Series	100	5.70B	Nov 2021	PSU-U.TO vs ZMMK.TO

Top Performing PSU-U.TO Alternatives (YTD)

PSU-U.TO is at 1.05% YTD. There are 3 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	PSU-U.TO vs ZUCM.TO
HSUV-U.TO	Global X USD Cash Maximizer Corporate Class ETF	1.45%	767.50M	Jun 2020	PSU-U.TO vs HSUV-U.TO
MNU-U.TO	Purpose USD Cash Management ETF	1.13%	—	Apr 2023	PSU-U.TO vs MNU-U.TO
HISU-U.TO	Evolve US High Interest Savings Account Fund	1.04%	704.06M	Aug 2022	PSU-U.TO vs HISU-U.TO
CMNY.TO	CI Money Market ETF CAD Series	0.99%	—	Jul 2023	PSU-U.TO vs CMNY.TO

Lowest Volatility Alternatives to PSU-U.TO

PSU-U.TO has 0.35% 1-year volatility. There are 8 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	PSU-U.TO vs MNY.TO
CASH.TO	Global X High Interest Savings ETF	0.22%	6.70B	Nov 2021	PSU-U.TO vs CASH.TO
CMR.TO	iShares Premium Money Market ETF	0.22%	2.67B	Feb 2008	PSU-U.TO vs CMR.TO
PSA.TO	Purpose High Interest Savings Fund	0.23%	4.20B	Oct 2013	PSU-U.TO vs PSA.TO
CSAV.TO	CI High Interest Savings ETF	0.23%	4.71B	Jun 2019	PSU-U.TO vs CSAV.TO

Lowest Drawdown Alternatives to PSU-U.TO

PSU-U.TO has a 1-year max drawdown of -0.11%. There are 10 ETFs in the Money Market category with shallower 1-year drawdowns, going as shallow as -0.02%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
PSA.TO	Purpose High Interest Savings Fund	-0.02%	4.20B	Oct 2013	PSU-U.TO vs PSA.TO
CASH.TO	Global X High Interest Savings ETF	-0.02%	6.70B	Nov 2021	PSU-U.TO vs CASH.TO
CSAV.TO	CI High Interest Savings ETF	-0.02%	4.71B	Jun 2019	PSU-U.TO vs CSAV.TO
ZMMK.TO	BMO Money Market Fund ETF Series	-0.03%	5.70B	Nov 2021	PSU-U.TO vs ZMMK.TO
MNY.TO	Purpose Cash Management Fund	-0.04%	2.90B	Sep 2022	PSU-U.TO vs MNY.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	PSU-U.TO vs BTCC.TO
YTSL.NEO	Tesla (TSLA) Yield Shares Purpose ETF	Derivative Income	30	-6.32%	438.20M	Dec 2022	PSU-U.TO vs YTSL.NEO
SBT.TO	Purpose Silver Bullion Fund	Silver, Precious Metals	46	2.24%	164.90M	May 2016	PSU-U.TO vs SBT.TO
PDIV.TO	Purpose Enhanced Dividend Fund ETF	Dividend	82	7.12%	212.60M	Jan 2018	PSU-U.TO vs PDIV.TO
PMM.TO	Purpose Multi-Strategy Market Neutral Fund	Long-Short	64	5.69%	10.90M	Oct 2014	PSU-U.TO vs PMM.TO
YNVD.NEO	NVIDIA (NVDA) Yield Shares Purpose ETF	Derivative Income	62	17.05%	206.20M	Jan 2024	PSU-U.TO vs YNVD.NEO
BTCY.TO	Purpose Bitcoin Yield ETF - ETF Units		2	-28.08%	116.80M	Dec 2021	PSU-U.TO vs BTCY.TO
KILO-B.TO	Purpose Gold Bullion Fund ETF Non-Currency Hedged	Gold, Precious Metals	38	4.14%	—	Oct 2018	PSU-U.TO vs KILO-B.TO
BTCC-B.TO	Purpose Bitcoin ETF Non-Currency Hedged Units	Cryptocurrency	2	-24.57%	—	Oct 2021	PSU-U.TO vs BTCC-B.TO
BRKY.NEO	Berkshire Hathaway Yield Shares Purpose ETF	Large Cap Blend Equities	3	-6.85%	51.20M	Dec 2022	PSU-U.TO vs BRKY.NEO

Often Compared With PSU-U.TO

Investors most often compare PSU-U.TO with BTCC-U.TO, HISA.NEO, TBIL.TO. These 3 comparison targets span 2 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
BTCC-U.TO	Purpose Bitcoin ETF Non-Currency Hedged Units	Cryptocurrency	2	-25.69%	—	Nov 2021	PSU-U.TO vs BTCC-U.TO
HISA.NEO	Evolve High Interest Savings Account ETF	Money Market	86	0.60%	2.74B	Nov 2019	PSU-U.TO vs HISA.NEO
TBIL.TO	Harvest Canadian T-Bill ETF	Money Market	99	0.83%	—	Jan 2024	PSU-U.TO vs TBIL.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.

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Diversifiers

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

Purpose US Cash Fund (PSU-U.TO) Alternatives