CALL.TO vs. PINC.TO
CALL.TO (Evolve US Banks Enhanced Yield Fund Hedged Units) and PINC.TO (Purpose Multi-Asset Income Fund) are both Derivative Income funds. CALL.TO is passively managed, while PINC.TO is actively managed. Over the past 5 years, CALL.TO returned 6.13%/yr vs 6.92%/yr for PINC.TO. At a 0.30 correlation, their price movements are largely independent.
Performance
CALL.TO vs. PINC.TO - Performance Comparison
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Returns By Period
In the year-to-date period, CALL.TO achieves a 10.93% return, which is significantly lower than PINC.TO's 18.40% return.
CALL.TO
- 1D
- 0.61%
- 1M
- 1.96%
- 6M
- 9.99%
- YTD
- 10.93%
- 1Y
- 20.33%
- 3Y*
- 22.20%
- 5Y*
- 6.13%
- 10Y*
- —
- ALL TIME*
- 5.91%
PINC.TO
- 1D
- 0.57%
- 1M
- 1.74%
- 6M
- 17.22%
- YTD
- 18.40%
- 1Y
- 24.52%
- 3Y*
- 14.69%
- 5Y*
- 6.92%
- 10Y*
- —
- ALL TIME*
- 7.09%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| CA$110.65K | CA$160.68K | CA$121.83K | |
| CA$10.04K | CA$9.73K | CA$12.47K |
CALL.TO vs. PINC.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
CALL.TO Evolve US Banks Enhanced Yield Fund Hedged Units | 10.93% | 17.96% | 30.56% | -10.46% | -21.68% | 35.56% | -12.36% | 36.22% | -21.53% |
PINC.TO Purpose Multi-Asset Income Fund | 18.40% | 14.41% | 11.54% | 0.95% | -12.11% | 21.51% | 0.74% | 14.28% | -6.43% |
Correlation
The correlation between CALL.TO and PINC.TO is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.26 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.32 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.34 |
Correlation (All Time) Calculated using the full available price history since May 8, 2018 | 0.30 |
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Return for Risk
CALL.TO vs. PINC.TO — Risk / Return Rank
CALL.TO
PINC.TO
CALL.TO vs. PINC.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Evolve US Banks Enhanced Yield Fund Hedged Units (CALL.TO) and Purpose Multi-Asset Income Fund (PINC.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.
| CALL.TO | PINC.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.85 | ||
| Sortino ratioReturn per unit of downside risk | -4.06 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.81 | -0.62 |
| Calmar ratioReturn relative to maximum drawdown | 1.28 | 6.87 | -5.59 |
| Martin ratioReturn relative to average drawdown | 3.59 | 26.66 | -23.07 |
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Drawdowns
CALL.TO vs. PINC.TO - Drawdown Comparison
The maximum CALL.TO drawdown since its inception was -52.03%, which is greater than PINC.TO's maximum drawdown of -43.84%. Use the drawdown chart below to compare losses from any high point for CALL.TO and PINC.TO.
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Drawdown Indicators
| CALL.TO | PINC.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.03% | -43.84% | -8.19% |
Max Drawdown (1Y)Largest decline over 1 year | -15.97% | -3.59% | -12.38% |
Max Drawdown (3Y)Largest decline over 3 years | -26.25% | -10.48% | -15.77% |
Max Drawdown (5Y)Largest decline over 5 years | -52.03% | -21.04% | -30.99% |
Current DrawdownCurrent decline from peak | -1.53% | 0.00% | -1.53% |
Average DrawdownAverage peak-to-trough decline | -18.51% | -5.81% | -12.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.69% | 0.93% | +4.76% |
Volatility
CALL.TO vs. PINC.TO - Volatility Comparison
Evolve US Banks Enhanced Yield Fund Hedged Units (CALL.TO) has a higher volatility of 4.52% compared to Purpose Multi-Asset Income Fund (PINC.TO) at 1.54%. This indicates that CALL.TO's price experiences larger fluctuations and is considered to be riskier than PINC.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CALL.TO | PINC.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.52% | 1.54% | +2.98% |
Volatility (6M)Calculated over the trailing 6-month period | 14.44% | 5.06% | +9.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.74% | 6.35% | +13.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.95% | 8.38% | +18.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.97% | 14.70% | +14.27% |
Dividends
CALL.TO vs. PINC.TO - Dividend Comparison
CALL.TO's dividend yield for the trailing twelve months is around 10.16%, more than PINC.TO's 4.37% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
CALL.TO Evolve US Banks Enhanced Yield Fund Hedged Units | 10.16% | 10.68% | 11.24% | 13.02% | 10.20% | 6.87% | 8.49% | 6.15% | 5.59% | 0.35% |
PINC.TO Purpose Multi-Asset Income Fund | 4.37% | 5.05% | 5.48% | 5.78% | 5.51% | 4.60% | 5.33% | 5.06% | 3.66% | 0.00% |
Frequently Asked Questions
CALL.TO and PINC.TO have a correlation of 0.26, 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: Evolve Funds Group Inc. and Purpose Investments Inc..
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