PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
PBI.TO vs. XUSC.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

PBI.TO vs. XUSC.TO

Last updated Jul 25, 2026
Documentation

PBI.TO (Purpose Best Ideas Fund) and XUSC.TO (iShares S&P 500 3% Capped Index ETF (CAD Units)) are both Large Cap Blend Equities funds. PBI.TO is actively managed, while XUSC.TO is passively managed. Over the past year, PBI.TO returned 8.74% vs 21.37% for XUSC.TO. At a 0.35 correlation, their price movements are largely independent. PBI.TO charges 0.82%/yr vs 0.12%/yr for XUSC.TO.

Performance

PBI.TO vs. XUSC.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 S&P 500 3% Capped Index ETF (CAD Units) (XUSC.TO). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, PBI.TO achieves a 3.12% return, which is significantly lower than XUSC.TO's 12.49% 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%

XUSC.TO

1D
0.20%
1M
-1.01%
6M
10.88%
YTD
12.49%
1Y
21.37%
3Y*
—
5Y*
—
10Y*
—
ALL TIME*
17.61%
*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

XUSC.TO

iShares S&P 500 3% Capped Index ETF (CAD Units)
CA$409.60KCA$311.63KCA$204.91K

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

2026 (YTD)20252024
PBI.TO
Purpose Best Ideas Fund		3.12%19.19%3.92%
XUSC.TO
iShares S&P 500 3% Capped Index ETF (CAD Units)		12.49%11.40%10.66%

Correlation

The correlation between PBI.TO and XUSC.TO is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.

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

0.34

Correlation (All Time)
Calculated using the full available price history since Jul 18, 2024

0.35

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 S&P 500 3% Capped Index ETF (CAD Units)

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 XUSC.TO:
XUSC.TO vs. ESG.TOXUSC.TO vs. XUS-U.TOXUSC.TO vs. ZEQL.TOXUSC.TO vs. VFV.TOXUSC.TO vs. XSP.TOXUSC.TO vs. EQL.TOXUSC.TO vs. ZUE.TO

Return for Risk

PBI.TO vs. XUSC.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
XUSC.TO
XUSC.TO Risk / Return Rank: 7676
Overall Rank
XUSC.TO Sharpe Ratio Rank: 7676
Sharpe Ratio Rank
XUSC.TO Sortino Ratio Rank: 7777
Sortino Ratio Rank
XUSC.TO Omega Ratio Rank: 7575
Omega Ratio Rank
XUSC.TO Calmar Ratio Rank: 7777
Calmar Ratio Rank
XUSC.TO Martin Ratio Rank: 7878
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. XUSC.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Purpose Best Ideas Fund (PBI.TO) and iShares S&P 500 3% Capped Index ETF (CAD Units) (XUSC.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.TOXUSC.TODifference
Sharpe ratioReturn per unit of total volatility
0.55
1.76

-1.20

Sortino ratioReturn per unit of downside risk
0.86
2.49

-1.63

Omega ratioGain probability vs. loss probability

1.12

1.32

-0.20

Calmar ratioReturn relative to maximum drawdown

0.54

2.82

-2.28

Martin ratioReturn relative to average drawdown

1.76

10.01

-8.24

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

The current PBI.TO Sharpe Ratio is 0.55, which is lower than the XUSC.TO Sharpe Ratio of 1.76. The chart below compares the historical Sharpe Ratios of PBI.TO and XUSC.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.

Loading charts...

Drawdowns

PBI.TO vs. XUSC.TO - Drawdown Comparison

The maximum PBI.TO drawdown since its inception was -47.87%, which is greater than XUSC.TO's maximum drawdown of -18.31%. Use the drawdown chart below to compare losses from any high point for PBI.TO and XUSC.TO.

Loading charts...

Drawdown Indicators

PBI.TOXUSC.TODifference

Max Drawdown

Largest peak-to-trough decline

-47.87%

-18.31%

-29.56%

Max Drawdown (1Y)

Largest decline over 1 year

-16.18%

-7.60%

-8.58%

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%

-2.88%

-1.17%

Average Drawdown

Average peak-to-trough decline

-10.08%

-2.59%

-7.49%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.97%

2.14%

+2.83%

Volatility

PBI.TO vs. XUSC.TO - Volatility Comparison

Purpose Best Ideas Fund (PBI.TO) has a higher volatility of 4.30% compared to iShares S&P 500 3% Capped Index ETF (CAD Units) (XUSC.TO) at 3.66%. This indicates that PBI.TO's price experiences larger fluctuations and is considered to be riskier than XUSC.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

PBI.TOXUSC.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

4.30%

3.66%

+0.64%

Volatility (6M)

Calculated over the trailing 6-month period

13.37%

9.30%

+4.07%

Volatility (1Y)

Calculated over the trailing 1-year period

15.88%

12.21%

+3.67%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

22.24%

15.61%

+6.63%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

22.00%

15.61%

+6.39%

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

PBI.TO has a 0.82% expense ratio, which is higher than XUSC.TO's 0.12% expense ratio.

Dividends

PBI.TO vs. XUSC.TO - Dividend Comparison

PBI.TO has not paid dividends to shareholders, while XUSC.TO's dividend yield for the trailing twelve months is around 0.95%.

PositionTTM2025202420232022
PBI.TO
Purpose Best Ideas Fund		0.00%3.02%0.00%0.00%2.95%
XUSC.TO
iShares S&P 500 3% Capped Index ETF (CAD Units)		0.95%0.94%0.24%0.00%0.00%

Frequently Asked Questions

PBI.TO and XUSC.TO have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, XUSC.TO is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.

XUSC.TO is cheaper with a 0.12% 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 0.12% for XUSC.TO.

Portfolio Optimizer

Find the right allocation for PBI.TO and XUSC.TO

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer