BRKY.NEO vs. PSU-U.TO

Last updated Jun 5, 2026

BRKY.NEO (Berkshire Hathaway Yield Shares Purpose ETF) and PSU-U.TO (Purpose US Cash Fund) are both exchange-traded funds - BRKY.NEO is a Large Cap Blend Equities fund actively managed by Purpose Investments, while PSU-U.TO is a Money Market fund actively managed by Purpose Investments. Both are actively managed. Over the past 3 years, BRKY.NEO returned 14.17%/yr vs 4.54%/yr for PSU-U.TO. At a correlation of -0.20, they often move in opposite directions. BRKY.NEO charges 0.40%/yr vs 0.17%/yr for PSU-U.TO.

Performance

BRKY.NEO vs. PSU-U.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Berkshire Hathaway Yield Shares Purpose ETF (BRKY.NEO) and Purpose US Cash Fund (PSU-U.TO). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

BRKY.NEO is traded in CAD, while PSU-U.TO is traded in USD. To make them comparable, the PSU-U.TO values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, BRKY.NEO achieves a -6.22% return, which is significantly lower than PSU-U.TO's 2.44% return.

BRKY.NEO

• 1D: 0.68%
• 1M: 1.77%
• YTD: -6.22%
• 6M: -6.18%
• 1Y: -4.97%
• 3Y*: 14.17%
• 5Y*: —
• 10Y*: —

PSU-U.TO

• 1D: 0.09%
• 1M: 2.23%
• YTD: 2.44%
• 6M: 1.86%
• 1Y: 4.49%
• 3Y*: 4.54%
• 5Y*: 5.62%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BRKY.NEO vs. PSU-U.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
BRKY.NEO Berkshire Hathaway Yield Shares Purpose ETF	-6.22%	9.35%	34.35%	15.68%	2.15%
PSU-U.TO Purpose US Cash Fund	2.44%	-1.75%	12.58%	1.64%	-0.70%

Correlation

The correlation between BRKY.NEO and PSU-U.TO is -0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.06
Correlation (3Y) Calculated over the trailing 3-year period	-0.16
Correlation (All Time) Calculated using the full available price history since Dec 20, 2022	-0.20

The correlation between BRKY.NEO and PSU-U.TO shifts across timeframes, from -0.20 (all time) to -0.06 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

BRKY.NEO vs. PSU-U.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BRKY.NEO

BRKY.NEO Risk / Return Rank: 5
BRKY.NEO Sharpe Ratio Rank: 6
BRKY.NEO Sortino Ratio Rank: 6
BRKY.NEO Omega Ratio Rank: 5
BRKY.NEO Calmar Ratio Rank: 5
BRKY.NEO Martin Ratio Rank: 4

PSU-U.TO

PSU-U.TO Risk / Return Rank: 99
PSU-U.TO Sharpe Ratio Rank: 99
PSU-U.TO Sortino Ratio Rank: 99
PSU-U.TO Omega Ratio Rank: 99
PSU-U.TO Calmar Ratio Rank: 99
PSU-U.TO Martin Ratio Rank: 99

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BRKY.NEO vs. PSU-U.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Berkshire Hathaway Yield Shares Purpose ETF (BRKY.NEO) and Purpose US Cash Fund (PSU-U.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.

	BRKY.NEO	PSU-U.TO	Difference
Sharpe ratio: Return per unit of total volatility	-0.35	0.98	-1.33
Sortino ratio: Return per unit of downside risk	-0.39	1.36	-1.75
Omega ratio: Gain probability vs. loss probability	0.95	1.18	-0.22
Calmar ratio: Return relative to maximum drawdown	-0.51	1.10	-1.61
Martin ratio: Return relative to average drawdown	-1.07	2.84	-3.91
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BRKY.NEO vs. PSU-U.TO - Sharpe Ratio Comparison

The current BRKY.NEO Sharpe Ratio is -0.35, which is lower than the PSU-U.TO Sharpe Ratio of 0.98. The chart below compares the historical Sharpe Ratios of BRKY.NEO and PSU-U.TO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	BRKY.NEO	PSU-U.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.35	0.98	-1.33
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.89	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.86	0.46	+0.40

Drawdowns

BRKY.NEO vs. PSU-U.TO - Drawdown Comparison

The maximum BRKY.NEO drawdown since its inception was -17.43%, roughly equal to the maximum PSU-U.TO drawdown of -16.93%. Use the drawdown chart below to compare losses from any high point for BRKY.NEO and PSU-U.TO.

Drawdown Indicators

	BRKY.NEO	PSU-U.TO	Difference
Max Drawdown Largest peak-to-trough decline	-17.43%	-16.93%	-0.50%
Max Drawdown (1Y) Largest decline over 1 year	-10.55%	-4.07%	-6.48%
Max Drawdown (3Y) Largest decline over 3 years	-17.43%	-5.47%	-11.96%
Max Drawdown (5Y) Largest decline over 5 years	—	-5.47%	—
Current Drawdown Current decline from peak	-15.05%	-0.60%	-14.45%
Average Drawdown Average peak-to-trough decline	-5.63%	-4.86%	-0.77%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.00%	1.57%	+3.43%

Volatility

BRKY.NEO vs. PSU-U.TO - Volatility Comparison

Berkshire Hathaway Yield Shares Purpose ETF (BRKY.NEO) has a higher volatility of 3.54% compared to Purpose US Cash Fund (PSU-U.TO) at 0.80%. This indicates that BRKY.NEO's price experiences larger fluctuations and is considered to be riskier than PSU-U.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BRKY.NEO	PSU-U.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.54%	0.80%	+2.74%
Volatility (6M) Calculated over the trailing 6-month period	11.60%	3.43%	+8.17%
Volatility (1Y) Calculated over the trailing 1-year period	15.23%	4.58%	+10.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.77%	6.32%	+11.45%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.77%	6.56%	+11.21%

BRKY.NEO vs. PSU-U.TO - Expense Ratio Comparison

BRKY.NEO has a 0.40% expense ratio, which is higher than PSU-U.TO's 0.17% expense ratio.

Dividends

BRKY.NEO vs. PSU-U.TO - Dividend Comparison

BRKY.NEO's dividend yield for the trailing twelve months is around 7.55%, more than PSU-U.TO's 2.70% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
BRKY.NEO Berkshire Hathaway Yield Shares Purpose ETF	7.55%	5.58%	11.30%	5.40%	0.49%	0.00%	0.00%	0.00%	0.00%
PSU-U.TO Purpose US Cash Fund	2.70%	2.90%	3.65%	3.87%	1.45%	0.29%	0.41%	1.70%	1.20%

Frequently Asked Questions

Can I hold both BRKY.NEO and PSU-U.TO in my portfolio?

BRKY.NEO and PSU-U.TO have a correlation of -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BRKY.NEO or PSU-U.TO?

On fees, PSU-U.TO is cheaper at 0.17% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BRKY.NEO or PSU-U.TO?

PSU-U.TO is cheaper with a 0.17% expense ratio, compared with 0.40% for BRKY.NEO.

What is the main difference between BRKY.NEO and PSU-U.TO?

BRKY.NEO is categorized as Large Cap Blend Equities, while PSU-U.TO is Money Market. Their fees differ too: 0.40% for BRKY.NEO and 0.17% for PSU-U.TO.