Purpose Premium Yield Fund Series ETF (PYF.TO)

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

The chart shows the growth of an initial investment of CA$10,000 in Purpose Premium Yield Fund Series ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

Purpose Premium Yield Fund Series ETF (PYF.TO) has returned -0.23% so far this year and 2.80% over the past 12 months. Over the last ten years, PYF.TO has returned 4.48% per year, falling short of the S&P 500 Index benchmark, which averaged 12.91% annually.

Based on dividend-adjusted daily data since Jan 22, 2016, PYF.TO's average daily return is +0.02%, while the average monthly return is +0.38%. At this rate, your investment would double in approximately 15.2 years.

Historically, 74% of months were positive and 26% were negative. The best month was Apr 2020 with a return of +8.2%, while the worst month was Mar 2020 at -9.7%. The longest winning streak lasted 15 consecutive months, and the longest losing streak was 3 months.

On a daily basis, PYF.TO closed higher 46% of trading days. The best single day was Mar 24, 2020 with a return of +5.8%, while the worst single day was Mar 9, 2020 at -6.1%.

Purpose Premium Yield Fund Series ETF has an annualized alpha of 1.78%, beta of 0.24, and R² of 0.35 versus S&P 500 Index. Calculated based on daily prices since January 25, 2016.

• This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (21.32%) than losses (13.27%) — typical of diversified or defensive assets.
• Beta of 0.24 may look defensive, but with R² of 0.35 this ETF is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
• R² of 0.35 means the benchmark explains less than half of this ETF's behavior — treat beta with caution or consider switching to a more representative benchmark.

PYF.TO ranks 25 for risk / return — below 25% of ETFs on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.

The table below present risk-adjusted performance metrics for Purpose Premium Yield Fund Series ETF (PYF.TO) and compare them to a chosen benchmark (S&P 500 Index).

Purpose Premium Yield Fund Series ETF provided a 7.62% dividend yield over the last twelve months, with an annual payout of CA$1.26 per share. The fund has been increasing its distributions for 7 consecutive years.

The table displays the monthly dividend distributions for Purpose Premium Yield Fund Series ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Purpose Premium Yield Fund Series ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Purpose Premium Yield Fund Series ETF was 20.53%, occurring on Mar 23, 2020. Recovery took 265 trading sessions.

The current Purpose Premium Yield Fund Series ETF drawdown is 0.98%.

The chart below shows the rolling one-month volatility.