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Invesco RAFI U.S. Index ETF II CAD (PXS.TO) Alternatives

ETF · Currency in CAD · Last updated Jun 17, 2026

Invesco RAFI U.S. Index ETF II (CAD) seeks to replicate, before fees and expenses, the performance of the RAFI Fundamental Select US 1000 Index. The index applies a fundamentals-based, rules-driven methodology that weights large U.S. companies by measures such as sales, cash flow, dividends, and book value rather than market capitalization, producing a value tilt relative to the broad market. Managed by Invesco Canada, it trades on the Toronto Stock Exchange.

Invesco RAFI U.S. Index ETF II CAD (PXS.TO) belongs to the Large Cap Value Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with PXS.TO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to PXS.TO

PXS.TO charges 0.46% annually. There are 7 ETFs in the Large Cap Value Equities category with lower expense ratios, going as low as 0.11%.

SymbolNameExpense RatioAUMInception
XDIV.TO
iShares Core MSCI Canadian Quality Dividend Index ...0.11%5.52BJun 2017PXS.TO vs XDIV.TO
XDUH.TO
iShares Core MSCI US Quality Dividend Index ETF (C...0.16%100.75MJun 2017PXS.TO vs XDUH.TO
XDU.TO
iShares Core MSCI US Quality Dividend Index ETF0.16%295.68MJun 2017PXS.TO vs XDU.TO
XVLU.TO
iShares MSCI USA Value Factor Index ETF0.32%88.01MSep 2019PXS.TO vs XVLU.TO
ZVU.TO
BMO MSCI USA Value ETF0.33%194.05MOct 2017PXS.TO vs ZVU.TO

Best Risk-Adjusted Alternatives to PXS.TO

PXS.TO has a PortfoliosLab risk / return rank of 95. There are 4 ETFs in the Large Cap Value Equities category with higher risk-adjusted ranks, going as high as 98.

SymbolNameRisk / Return RankAUMInception
XDIV.TO
iShares Core MSCI Canadian Quality Dividend Index ...
98
5.52BJun 2017PXS.TO vs XDIV.TO
XVLU.TO
iShares MSCI USA Value Factor Index ETF
97
88.01MSep 2019PXS.TO vs XVLU.TO
ZVU.TO
BMO MSCI USA Value ETF
97
194.05MOct 2017PXS.TO vs ZVU.TO
ZVC.TO
BMO MSCI Canada Value Index ETF
96
51.27MOct 2017PXS.TO vs ZVC.TO
FCUV.TO
Fidelity U.S. Value ETF
85
3.49BJun 2020PXS.TO vs FCUV.TO

Top Performing PXS.TO Alternatives (YTD)

PXS.TO is at 17.13% YTD. There are 3 ETFs in the Large Cap Value Equities category with higher YTD returns, going as high as 49.14%.

SymbolNameYTD ReturnAUMInception
XVLU.TO
iShares MSCI USA Value Factor Index ETF
49.14%
88.01MSep 2019PXS.TO vs XVLU.TO
ZVU.TO
BMO MSCI USA Value ETF
48.79%
194.05MOct 2017PXS.TO vs ZVU.TO
XDIV.TO
iShares Core MSCI Canadian Quality Dividend Index ...
21.60%
5.52BJun 2017PXS.TO vs XDIV.TO
ZVC.TO
BMO MSCI Canada Value Index ETF
16.98%
51.27MOct 2017PXS.TO vs ZVC.TO
FCUV.TO
Fidelity U.S. Value ETF
15.25%
3.49BJun 2020PXS.TO vs FCUV.TO

Lowest Volatility Alternatives to PXS.TO

PXS.TO has 11.04% 1-year volatility. There are 3 ETFs in the Large Cap Value Equities category with lower 1-year volatility, going as low as 8.39%.

SymbolNameVolatility 1YAUMInception
XDIV.TO
iShares Core MSCI Canadian Quality Dividend Index ...8.39%5.52BJun 2017PXS.TO vs XDIV.TO
ZVC.TO
BMO MSCI Canada Value Index ETF10.76%51.27MOct 2017PXS.TO vs ZVC.TO
XDU.TO
iShares Core MSCI US Quality Dividend Index ETF10.76%295.68MJun 2017PXS.TO vs XDU.TO
XDUH.TO
iShares Core MSCI US Quality Dividend Index ETF (C...11.64%100.75MJun 2017PXS.TO vs XDUH.TO
CUD.TO
iShares US Dividend Growers Index ETF (CAD-Hedged)13.31%242.89MSep 2011PXS.TO vs CUD.TO

Lowest Drawdown Alternatives to PXS.TO

PXS.TO has a 1-year max drawdown of -4.88%. There is 1 ETF in the Large Cap Value Equities category with a shallower 1-year drawdown, going as shallow as -2.32%.

SymbolNameMax Drawdown 1YAUMInception
XDIV.TO
iShares Core MSCI Canadian Quality Dividend Index ...
-2.32%
5.52BJun 2017PXS.TO vs XDIV.TO
XDUH.TO
iShares Core MSCI US Quality Dividend Index ETF (C...
-6.08%
100.75MJun 2017PXS.TO vs XDUH.TO
ZVU.TO
BMO MSCI USA Value ETF
-6.08%
194.05MOct 2017PXS.TO vs ZVU.TO
ZVC.TO
BMO MSCI Canada Value Index ETF
-6.11%
51.27MOct 2017PXS.TO vs ZVC.TO
XDU.TO
iShares Core MSCI US Quality Dividend Index ETF
-6.13%
295.68MJun 2017PXS.TO vs XDU.TO

Other ETFs from Invesco

The 10 most viewed Invesco ETFs shown here include QQC.TO, QQC-F.TO, EQL.TO and span 7 categories. AUM among these funds goes as high as $2B.

SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
QQC.TO
Invesco NASDAQ 100 Index ETF CAD HedgedNasdaq-100
73
21.19%
1.96BMay 2021PXS.TO vs QQC.TO
QQC-F.TO
Invesco NASDAQ 100 Index ETF CAD HedgedNasdaq-100
59
17.54%
1.54BMay 2021PXS.TO vs QQC-F.TO
EQL.TO
Invesco S&P 500 Equal Weight Index ETF CADS&P 500, Equal Weight
68
13.25%
1.66BMay 2018PXS.TO vs EQL.TO
INAI.TO
Invesco Morningstar Global Next Gen AI Index ETFTechnology Equities
51
32.05%
—Jan 2024PXS.TO vs INAI.TO
EQLI.TO
Invesco S&P 500 Equal Weight Income Advantage ETFS&P 500, Derivative Income, Equal Weight
81
11.23%
155.19MNov 2025PXS.TO vs EQLI.TO
QQCI.TO
Invesco NASDAQ 100 Income Advantage ETFNasdaq-100
84
16.15%
59.49MNov 2025PXS.TO vs QQCI.TO
ESG.TO
Invesco S&P 500 ESG Index ETFS&P 500, ESG
77
12.39%
1.05BMar 2020PXS.TO vs ESG.TO
QQCE.TO
Invesco ESG NASDAQ 100 Index ETFNasdaq-100
74
21.57%
—Nov 2021PXS.TO vs QQCE.TO
TLV.TO
Invesco S&P/TSX Composite Low Volatility Index ETFCanada Equities
96
13.99%
99.35MApr 2012PXS.TO vs TLV.TO
ESGC.TO
Invesco S&P/TSX Composite ESG Index ETFCanada Equities, ESG
86
14.97%
—Oct 2020PXS.TO vs ESGC.TO

Compare PXS.TO with Any Fund or Stock

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

 

Diversifiers

Pair PXS.TO with funds that move differently

Invesco RAFI U.S. Index ETF II CAD alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PXS.TO.

Explore PXS.TO Diversifiers