BLOV.TO vs. PDIV.TO
BLOV.TO (Brompton North American Low Volatility Dividend ETF) and PDIV.TO (Purpose Enhanced Dividend Fund ETF) are both Dividend funds. Both are actively managed. Over the past 5 years, BLOV.TO returned 8.19%/yr vs 8.03%/yr for PDIV.TO. At a 0.27 correlation, their price movements are largely independent.
Performance
BLOV.TO vs. PDIV.TO - Performance Comparison
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Returns By Period
In the year-to-date period, BLOV.TO achieves a 13.38% return, which is significantly higher than PDIV.TO's 10.43% return.
BLOV.TO
- 1D
- 0.22%
- 1M
- 1.49%
- 6M
- 12.19%
- YTD
- 13.38%
- 1Y
- 19.69%
- 3Y*
- 12.75%
- 5Y*
- 8.19%
- 10Y*
- —
PDIV.TO
- 1D
- 0.41%
- 1M
- 1.92%
- 6M
- 8.93%
- YTD
- 10.43%
- 1Y
- 20.67%
- 3Y*
- 12.26%
- 5Y*
- 8.03%
- 10Y*
- 9.14%
BLOV.TO vs. PDIV.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
BLOV.TO Brompton North American Low Volatility Dividend ETF | 13.38% | 14.08% | 11.35% | -1.53% | -6.53% | 21.12% | 8.97% |
PDIV.TO Purpose Enhanced Dividend Fund ETF | 10.43% | 14.66% | 10.71% | 4.64% | -4.39% | 20.18% | 19.65% |
Correlation
The correlation between BLOV.TO and PDIV.TO is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.24 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.25 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.30 |
Correlation (All Time) Calculated using the full available price history since May 5, 2020 | 0.27 |
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Return for Risk
BLOV.TO vs. PDIV.TO — Risk / Return Rank
BLOV.TO
PDIV.TO
BLOV.TO vs. PDIV.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Brompton North American Low Volatility Dividend ETF (BLOV.TO) and Purpose Enhanced Dividend Fund ETF (PDIV.TO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BLOV.TO | PDIV.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.78 | ||
| Sortino ratioReturn per unit of downside risk | -0.94 | ||
| Omega ratioGain probability vs. loss probability | 1.45 | 1.62 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | 3.95 | 3.94 | +0.01 |
| Martin ratioReturn relative to average drawdown | 13.24 | 17.19 | -3.95 |
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Drawdowns
BLOV.TO vs. PDIV.TO - Drawdown Comparison
The maximum BLOV.TO drawdown since its inception was -46.98%, which is greater than PDIV.TO's maximum drawdown of -30.64%. Use the drawdown chart below to compare losses from any high point for BLOV.TO and PDIV.TO.
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Drawdown Indicators
| BLOV.TO | PDIV.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -46.98% | -30.64% | -16.34% |
Max Drawdown (1Y)Largest decline over 1 year | -5.23% | -5.27% | +0.04% |
Max Drawdown (3Y)Largest decline over 3 years | -41.86% | -8.82% | -33.04% |
Max Drawdown (5Y)Largest decline over 5 years | -46.98% | -15.93% | -31.05% |
Max Drawdown (10Y)Largest decline over 10 years | — | -30.64% | — |
Current DrawdownCurrent decline from peak | -1.43% | 0.00% | -1.43% |
Average DrawdownAverage peak-to-trough decline | -4.48% | -4.33% | -0.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.56% | 1.21% | +0.35% |
Volatility
BLOV.TO vs. PDIV.TO - Volatility Comparison
Brompton North American Low Volatility Dividend ETF (BLOV.TO) has a higher volatility of 4.96% compared to Purpose Enhanced Dividend Fund ETF (PDIV.TO) at 1.38%. This indicates that BLOV.TO's price experiences larger fluctuations and is considered to be riskier than PDIV.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BLOV.TO | PDIV.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.96% | 1.38% | +3.58% |
Volatility (6M)Calculated over the trailing 6-month period | 7.78% | 5.50% | +2.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.20% | 6.88% | +2.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.19% | 10.06% | +23.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.18% | 13.91% | +16.27% |
Dividends
BLOV.TO vs. PDIV.TO - Dividend Comparison
BLOV.TO's dividend yield for the trailing twelve months is around 3.71%, less than PDIV.TO's 11.61% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BLOV.TO Brompton North American Low Volatility Dividend ETF | 3.71% | 4.13% | 4.51% | 4.80% | 4.25% | 3.19% | 2.45% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
PDIV.TO Purpose Enhanced Dividend Fund ETF | 11.61% | 11.23% | 12.35% | 11.84% | 6.38% | 5.59% | 6.33% | 5.85% | 6.80% | 25.71% | 5.38% | 8.10% |
Frequently Asked Questions
BLOV.TO and PDIV.TO have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
They also come from different issuers: Brompton and Purpose Investments.
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