PAYG.TO vs. ECHI.TO

Last updated Jul 14, 2026

PAYG.TO (Brompton Global Equity HighPay ETF) and ECHI.TO (Ninepoint Enhanced Canadian HighShares ETF) are both exchange-traded funds - PAYG.TO is a Global Equity Income fund actively managed by Brompton, while ECHI.TO is a Derivative Income fund actively managed by Ninepoint. Both are actively managed. At a 0.40 correlation, their price movements are largely independent.

Performance

PAYG.TO vs. ECHI.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Brompton Global Equity HighPay ETF (PAYG.TO) and Ninepoint Enhanced Canadian HighShares ETF (ECHI.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

PAYG.TO

• 1D: -1.21%
• 1M: 0.06%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ECHI.TO

• 1D: -0.16%
• 1M: -0.03%
• 6M: 8.71%
• YTD: 14.77%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

PAYG.TO vs. ECHI.TO - Yearly Performance Comparison

	2026 (YTD)
PAYG.TO Brompton Global Equity HighPay ETF	10.67%
ECHI.TO Ninepoint Enhanced Canadian HighShares ETF	4.08%

Correlation

The correlation between PAYG.TO and ECHI.TO is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Apr 2, 2026	0.40

Return for Risk

PAYG.TO vs. ECHI.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Brompton Global Equity HighPay ETF (PAYG.TO) and Ninepoint Enhanced Canadian HighShares ETF (ECHI.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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

PAYG.TO vs. ECHI.TO - Drawdown Comparison

The maximum PAYG.TO drawdown since its inception was -7.38%, which is greater than ECHI.TO's maximum drawdown of -6.84%. Use the drawdown chart below to compare losses from any high point for PAYG.TO and ECHI.TO.

Drawdown Indicators

	PAYG.TO	ECHI.TO	Difference
Max Drawdown Largest peak-to-trough decline	-7.38%	-6.84%	-0.54%
Current Drawdown Current decline from peak	-4.64%	-2.65%	-1.99%
Average Drawdown Average peak-to-trough decline	-2.38%	-1.45%	-0.93%

Volatility

Volatility by Period

	PAYG.TO	ECHI.TO	Difference
Volatility (1Y) Calculated over the trailing 1-year period	21.42%	17.31%	+4.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.42%	17.31%	+4.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.42%	17.31%	+4.11%

Dividends

PAYG.TO vs. ECHI.TO - Dividend Comparison

PAYG.TO's dividend yield for the trailing twelve months is around 4.54%, less than ECHI.TO's 12.51% yield.

Position	TTM	2025
ECHI.TO Ninepoint Enhanced Canadian HighShares ETF	12.51%	5.27%
PAYG.TO Brompton Global Equity HighPay ETF	4.54%	0.00%

Frequently Asked Questions

Can I hold both PAYG.TO and ECHI.TO in my portfolio?

PAYG.TO and ECHI.TO have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

What is the main difference between PAYG.TO and ECHI.TO?

PAYG.TO is categorized as Global Equity Income, while ECHI.TO is Derivative Income. They also come from different issuers: Brompton and Ninepoint.