SYLD.TO Alternatives & Similar ETFs

Purpose Strategic Yield Fund (SYLD.TO) belongs to the High Yield Bonds category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with SYLD.TO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to SYLD.TO

SYLD.TO charges 0.95% annually. There are 10 ETFs in the High Yield Bonds category with lower expense ratios, going as low as 0.40%.

Symbol	Name	Expense Ratio	AUM	Inception
ZFH.TO	BMO Floating Rate High Yield ETF	0.40%	250.56M	Feb 2014	SYLD.TO vs ZFH.TO
XSI.TO	iShares Short Term Strategic Fixed Income ETF	0.55%	45.15M	Jan 2015	SYLD.TO vs XSI.TO
XHY.TO	iShares U.S. High Yield Bond Index ETF (CAD-Hedged...	0.56%	1.12B	Jan 2010	SYLD.TO vs XHY.TO
ZJK.TO	BMO High Yield US Corporate Bond Index ETF	0.61%	1.73B	Oct 2017	SYLD.TO vs ZJK.TO
ZHY.TO	BMO High Yield US Corporate Bond Hedged to CAD Ind...	0.61%	1.53B	Oct 2009	SYLD.TO vs ZHY.TO

Best Risk-Adjusted Alternatives to SYLD.TO

SYLD.TO has a PortfoliosLab risk / return rank of 96. No ETFs in the High Yield Bonds category have higher risk-adjusted ranks; the top alternatives shown here go as high as 71.

Symbol	Name	Risk / Return Rank	AUM	Inception
CMDO.TO	CI Alternative Diversified Opportunities Fund	71	—	Aug 2021	SYLD.TO vs CMDO.TO
ZJK.TO	BMO High Yield US Corporate Bond Index ETF	60	1.73B	Oct 2017	SYLD.TO vs ZJK.TO
DXO.TO	Dynamic Active Crossover Bond ETF	60	96.39M	Jan 2017	SYLD.TO vs DXO.TO
XFLI.TO	iShares Flexible Monthly Income ETF CAD	50	557.60M	Sep 2024	SYLD.TO vs XFLI.TO
CGHY.TO	CI High Yield Bond Private Pool ETF C$ Series	45	—	Apr 2022	SYLD.TO vs CGHY.TO

Top Performing SYLD.TO Alternatives (YTD)

SYLD.TO is at 3.38% YTD. There is 1 ETF in the High Yield Bonds category with a higher YTD return, going as high as 4.04%.

Symbol	Name	YTD Return	AUM	Inception
ZJK.TO	BMO High Yield US Corporate Bond Index ETF	4.04%	1.73B	Oct 2017	SYLD.TO vs ZJK.TO
XFLI.TO	iShares Flexible Monthly Income ETF CAD	3.13%	557.60M	Sep 2024	SYLD.TO vs XFLI.TO
ZFH.TO	BMO Floating Rate High Yield ETF	2.38%	250.56M	Feb 2014	SYLD.TO vs ZFH.TO
CGHY.TO	CI High Yield Bond Private Pool ETF C$ Series	2.17%	—	Apr 2022	SYLD.TO vs CGHY.TO
CMDO.TO	CI Alternative Diversified Opportunities Fund	1.93%	—	Aug 2021	SYLD.TO vs CMDO.TO

Lowest Volatility Alternatives to SYLD.TO

SYLD.TO has 3.43% 1-year volatility. There are 2 ETFs in the High Yield Bonds category with lower 1-year volatility, going as low as 3.37%.

Symbol	Name	Volatility 1Y	AUM	Inception
DXO.TO	Dynamic Active Crossover Bond ETF	3.37%	96.39M	Jan 2017	SYLD.TO vs DXO.TO
CMDO.TO	CI Alternative Diversified Opportunities Fund	3.40%	—	Aug 2021	SYLD.TO vs CMDO.TO
XSI.TO	iShares Short Term Strategic Fixed Income ETF	3.58%	45.15M	Jan 2015	SYLD.TO vs XSI.TO
IFRF.TO	IA Clarington Loomis Floating Rate Income Fund	3.70%	250.80M	Dec 2013	SYLD.TO vs IFRF.TO
ZFH.TO	BMO Floating Rate High Yield ETF	3.72%	250.56M	Feb 2014	SYLD.TO vs ZFH.TO

Lowest Drawdown Alternatives to SYLD.TO

SYLD.TO has a 1-year max drawdown of -1.39%. No ETFs in the High Yield Bonds category have shallower 1-year drawdowns; the lowest-drawdown alternatives shown here go as shallow as -1.54%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
CMDO.TO	CI Alternative Diversified Opportunities Fund	-1.54%	—	Aug 2021	SYLD.TO vs CMDO.TO
IFRF.TO	IA Clarington Loomis Floating Rate Income Fund	-1.67%	250.80M	Dec 2013	SYLD.TO vs IFRF.TO
ICPB.TO	IA Clarington Agile Core Plus Bond Fund Series ETF	-2.17%	808.90M	Oct 2018	SYLD.TO vs ICPB.TO
CGHY.TO	CI High Yield Bond Private Pool ETF C$ Series	-2.18%	—	Apr 2022	SYLD.TO vs CGHY.TO
PBD.TO	Purpose Total Return Bond Fund	-2.19%	30.90M	Sep 2013	SYLD.TO vs PBD.TO

Other ETFs from Purpose Investments Inc.

The 10 most viewed Purpose Investments Inc. ETFs shown here include BND.TO, PDF.TO, BTCY.TO and span 17 categories. AUM among these funds goes as high as $3B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
BND.TO	Purpose Global Bond Fund	Global Bonds	41	0.04%	2.50B	Oct 2015	SYLD.TO vs BND.TO
PDF.TO	Purpose Core Dividend Fund	Dividend, Canada Equities, Actively Managed	97	20.07%	473.40M	Sep 2013	SYLD.TO vs PDF.TO
BTCY.TO	Purpose Bitcoin Yield ETF	Cryptocurrency, Derivative Income	2	-31.07%	121.00M	Dec 2021	SYLD.TO vs BTCY.TO
PAYF.TO	Purpose Enhanced Premium Yield Fund	Derivative Income, Options Trading, Actively Managed	30	3.05%	85.20M	Apr 2019	SYLD.TO vs PAYF.TO
CROP.TO	Purpose Credit Opportunities Fund	Nontraditional Bonds, Multisector Bonds	96	3.58%	—	Sep 2021	SYLD.TO vs CROP.TO
PINC.TO	Purpose Multi-Asset Income Fund	Derivative Income, Dividend, Tactical Allocation, Diversified Portfolio	97	18.40%	109.90M	Apr 2018	SYLD.TO vs PINC.TO
PRA.TO	Purpose Diversified Real Asset Fund	Diversified Portfolio, Global Allocation, Natural Resources, Actively Managed	95	26.15%	331.30M	Sep 2013	SYLD.TO vs PRA.TO
PID.TO	Purpose International Dividend Fund	Foreign Large Cap Equities, Dividend, Actively Managed	81	14.90%	312.20M	Apr 2015	SYLD.TO vs PID.TO
IGB.TO	Purpose Global Bond Class	Global Bonds, Investment Grade Bonds, Actively Managed	25	-0.32%	1.20B	Dec 2013	SYLD.TO vs IGB.TO
PBI.TO	Purpose Best Ideas Fund	Large Cap Blend Equities, Equal Weight	24	3.12%	70.80M	Apr 2014	SYLD.TO vs PBI.TO

Often Compared With SYLD.TO

Investors most often compare SYLD.TO with VOO, ZCM.TO, ZWU.TO. These 20 comparison targets span 13 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
VOO	Vanguard S&P 500 ETF	S&P 500	61	8.95%	1.70T	Sep 2010	SYLD.TO vs VOO
ZCM.TO	BMO Mid Corporate Bond Index ETF	Corporate Bonds	41	1.16%	1.49B	Jan 2010	SYLD.TO vs ZCM.TO
ZWU.TO	BMO Covered Call Utilities ETF	Utilities Equities, Derivative Income	82	13.60%	2.24B	Oct 2011	SYLD.TO vs ZWU.TO
MNY.TO	Purpose Cash Management Fund	Money Market	100	1.29%	3.00B	Sep 2022	SYLD.TO vs MNY.TO
HYLD.TO	Hamilton Enhanced U.S. Covered Call ETF	Derivative Income	69	11.53%	1.30B	Feb 2022	SYLD.TO vs HYLD.TO
FIE.TO	iShares Canadian Financial Monthly Income ETF	Financials Equities, Canada Equities	94	17.43%	1.44B	Apr 2010	SYLD.TO vs FIE.TO
HDIV.TO	Hamilton Enhanced Canadian Covered Call ETF	Derivative Income	95	19.14%	1.76B	Jul 2021	SYLD.TO vs HDIV.TO
ZWC.TO	BMO CA High Dividend Covered Call ETF	Derivative Income	96	15.53%	2.45B	Feb 2017	SYLD.TO vs ZWC.TO
ZSP.TO	BMO S&P 500 Index ETF	S&P 500	74	11.72%	23.77B	Nov 2012	SYLD.TO vs ZSP.TO
PDIV.TO	Purpose Enhanced Dividend Fund ETF	Dividend	93	10.43%	231.40M	Jan 2018	SYLD.TO vs PDIV.TO
SPY	State Street SPDR S&P 500 ETF	S&P 500	61	8.94%	790.12B	Jan 1993	SYLD.TO vs SPY
XDIV	Roundhill S&P 500 No Dividend Target ETF	S&P 500	59	8.47%	62.41M	Jul 2025	SYLD.TO vs XDIV
VFV.TO	Vanguard S&P 500 Index ETF	S&P 500	74	11.69%	34.09B	Nov 2012	SYLD.TO vs VFV.TO
VGG.TO	Vanguard U.S. Dividend Appreciation Index ETF	Dividend, Large Cap Blend Equities	80	11.93%	2.57B	Aug 2013	SYLD.TO vs VGG.TO
ZMMK.TO	BMO Money Market Fund ETF Series	Money Market	99	1.29%	5.76B	Nov 2021	SYLD.TO vs ZMMK.TO
VAB.TO	Vanguard Canadian Aggregate Bond Index ETF	Total Bond Market, Canadian Government Bonds, Corporate Bonds	33	0.79%	7.52B	Nov 2011	SYLD.TO vs VAB.TO
XSB.TO	iShares Core Canadian Short Term Bond Index ETF	Short-Term Bond, Canadian Government Bonds	64	1.06%	4.32B	Nov 2000	SYLD.TO vs XSB.TO
VDY.TO	Vanguard FTSE Canadian High Dividend Yield Index E...	Dividend	99	29.32%	8.59B	Nov 2012	SYLD.TO vs VDY.TO
DCBC.TO	Desjardins Canadian Corporate Bond Index ETF	Corporate Bonds	40	1.13%	—	Apr 2024	SYLD.TO vs DCBC.TO
CACB.TO	CIBC Active Investment Grade Corporate Bond ETF	Corporate Bonds, Investment Grade Bonds	46	0.93%	1.45B	Jan 2019	SYLD.TO vs CACB.TO

Compare SYLD.TO with Any Fund or Stock

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

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Diversifiers

Pair SYLD.TO with funds that move differently

Purpose Strategic Yield Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to SYLD.TO.

Explore SYLD.TO Diversifiers

Purpose Strategic Yield Fund (SYLD.TO) Alternatives