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PBI.TO vs. XTOT.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

PBI.TO vs. XTOT.TO

Last updated Jul 25, 2026
Documentation

PBI.TO (Purpose Best Ideas Fund) and XTOT.TO (iShares Core S&P Total U.S. Stock Market Index ETF) are both Large Cap Blend Equities funds. PBI.TO is actively managed, while XTOT.TO is passively managed. Over the past year, PBI.TO returned 8.74% vs 21.62% for XTOT.TO. At a 0.33 correlation, their price movements are largely independent. PBI.TO charges 0.82%/yr vs 0.07%/yr for XTOT.TO.

Performance

PBI.TO vs. XTOT.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Purpose Best Ideas Fund (PBI.TO) and iShares Core S&P Total U.S. Stock Market Index ETF (XTOT.TO). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, PBI.TO achieves a 3.12% return, which is significantly lower than XTOT.TO's 12.24% return.

PBI.TO

1D
-0.32%
1M
1.32%
6M
2.84%
YTD
3.12%
1Y
8.74%
3Y*
18.28%
5Y*
4.37%
10Y*
10.19%
ALL TIME*
8.93%

XTOT.TO

1D
0.12%
1M
-0.29%
6M
10.85%
YTD
12.24%
1Y
21.62%
3Y*
—
5Y*
—
10Y*
—
ALL TIME*
26.81%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)

PBI.TO

Purpose Best Ideas Fund
CA$35.55KCA$37.47KCA$25.30K

XTOT.TO

iShares Core S&P Total U.S. Stock Market Index ETF
CA$3.23MCA$3.21MCA$2.92M

PBI.TO vs. XTOT.TO - Yearly Performance Comparison

2026 (YTD)2025
PBI.TO
Purpose Best Ideas Fund		3.12%14.47%
XTOT.TO
iShares Core S&P Total U.S. Stock Market Index ETF		12.24%16.84%

Correlation

The correlation between PBI.TO and XTOT.TO is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.31

Correlation (All Time)
Calculated using the full available price history since Jun 2, 2025

0.33

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Purpose Best Ideas Fund

iShares Core S&P Total U.S. Stock Market Index ETF

Often compared with PBI.TO:
PBI.TO vs. IGB.TOPBI.TO vs. PHE.TOPBI.TO vs. CROP.TOPBI.TO vs. BTCY.TOPBI.TO vs. DRFU.TOPBI.TO vs. PAYF.TOPBI.TO vs. PINC.TO
Often compared with XTOT.TO:
XTOT.TO vs. ITOTXTOT.TO vs. XUU.TOXTOT.TO vs. VFV.TOXTOT.TO vs. VUN.TOXTOT.TO vs. XIC.TOXTOT.TO vs. XUS.TOXTOT.TO vs. XEQT.TO

Return for Risk

PBI.TO vs. XTOT.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
PBI.TO
PBI.TO Risk / Return Rank: 2424
Overall Rank
PBI.TO Sharpe Ratio Rank: 2424
Sharpe Ratio Rank
PBI.TO Sortino Ratio Rank: 2424
Sortino Ratio Rank
PBI.TO Omega Ratio Rank: 2525
Omega Ratio Rank
PBI.TO Calmar Ratio Rank: 2121
Calmar Ratio Rank
PBI.TO Martin Ratio Rank: 2424
Martin Ratio Rank
XTOT.TO
XTOT.TO Risk / Return Rank: 6666
Overall Rank
XTOT.TO Sharpe Ratio Rank: 6969
Sharpe Ratio Rank
XTOT.TO Sortino Ratio Rank: 6868
Sortino Ratio Rank
XTOT.TO Omega Ratio Rank: 6868
Omega Ratio Rank
XTOT.TO Calmar Ratio Rank: 6464
Calmar Ratio Rank
XTOT.TO Martin Ratio Rank: 6262
Martin Ratio Rank
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.

PBI.TO vs. XTOT.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Purpose Best Ideas Fund (PBI.TO) and iShares Core S&P Total U.S. Stock Market Index ETF (XTOT.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.

PBI.TOXTOT.TODifference
Sharpe ratioReturn per unit of total volatility
0.55
1.56

-1.01

Sortino ratioReturn per unit of downside risk
0.86
2.20

-1.34

Omega ratioGain probability vs. loss probability

1.12

1.29

-0.17

Calmar ratioReturn relative to maximum drawdown

0.54

2.25

-1.71

Martin ratioReturn relative to average drawdown

1.76

7.49

-5.73

PBI.TO vs. XTOT.TO - Sharpe Ratio Comparison

The current PBI.TO Sharpe Ratio is 0.55, which is lower than the XTOT.TO Sharpe Ratio of 1.56. The chart below compares the historical Sharpe Ratios of PBI.TO and XTOT.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.

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Drawdowns

PBI.TO vs. XTOT.TO - Drawdown Comparison

The maximum PBI.TO drawdown since its inception was -47.87%, which is greater than XTOT.TO's maximum drawdown of -9.64%. Use the drawdown chart below to compare losses from any high point for PBI.TO and XTOT.TO.

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Drawdown Indicators

PBI.TOXTOT.TODifference

Max Drawdown

Largest peak-to-trough decline

-47.87%

-9.64%

-38.23%

Max Drawdown (1Y)

Largest decline over 1 year

-16.18%

-9.64%

-6.54%

Max Drawdown (3Y)

Largest decline over 3 years

-20.01%

—

—

Max Drawdown (5Y)

Largest decline over 5 years

-47.87%

—

—

Max Drawdown (10Y)

Largest decline over 10 years

-47.87%

—

—

Current Drawdown

Current decline from peak

-4.05%

-3.32%

-0.73%

Average Drawdown

Average peak-to-trough decline

-10.08%

-1.79%

-8.29%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.97%

2.89%

+2.08%

Volatility

PBI.TO vs. XTOT.TO - Volatility Comparison

Purpose Best Ideas Fund (PBI.TO) has a higher volatility of 4.30% compared to iShares Core S&P Total U.S. Stock Market Index ETF (XTOT.TO) at 3.38%. This indicates that PBI.TO's price experiences larger fluctuations and is considered to be riskier than XTOT.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

PBI.TOXTOT.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

4.30%

3.38%

+0.92%

Volatility (6M)

Calculated over the trailing 6-month period

13.37%

10.41%

+2.96%

Volatility (1Y)

Calculated over the trailing 1-year period

15.88%

13.89%

+1.99%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

22.24%

13.39%

+8.85%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

22.00%

13.39%

+8.61%

PBI.TO vs. XTOT.TO - Expense Ratio Comparison

PBI.TO has a 0.82% expense ratio, which is higher than XTOT.TO's 0.07% expense ratio.

Dividends

PBI.TO vs. XTOT.TO - Dividend Comparison

PBI.TO has not paid dividends to shareholders, while XTOT.TO's dividend yield for the trailing twelve months is around 0.83%.

PositionTTM2025202420232022
PBI.TO
Purpose Best Ideas Fund		0.00%3.02%0.00%0.00%2.95%
XTOT.TO
iShares Core S&P Total U.S. Stock Market Index ETF		0.83%0.54%0.00%0.00%0.00%

Frequently Asked Questions

PBI.TO and XTOT.TO have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, XTOT.TO is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.

XTOT.TO is cheaper with a 0.07% expense ratio, compared with 0.82% for PBI.TO.

They also come from different issuers: Purpose Investments Inc. and iShares. Their fees differ too: 0.82% for PBI.TO and 0.07% for XTOT.TO.

Portfolio Optimizer

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