PBI.TO vs. XUU.TO
PBI.TO (Purpose Best Ideas Fund) and XUU.TO (iShares Core S&P U.S. Total Market Index ETF) are both Large Cap Blend Equities funds. PBI.TO is actively managed, while XUU.TO is passively managed. Over the past 10 years, PBI.TO returned 10.19%/yr vs 14.82%/yr for XUU.TO. At a 0.31 correlation, their price movements are largely independent. PBI.TO charges 0.82%/yr vs 0.07%/yr for XUU.TO.
Performance
PBI.TO vs. XUU.TO - Performance Comparison
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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 XUU.TO's 12.15% return. Over the past 10 years, PBI.TO has underperformed XUU.TO with an annualized return of 10.19%, while XUU.TO has yielded a comparatively higher 14.82% annualized 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%
XUU.TO
- 1D
- 0.09%
- 1M
- -0.36%
- 6M
- 10.92%
- YTD
- 12.15%
- 1Y
- 21.31%
- 3Y*
- 20.98%
- 5Y*
- 14.02%
- 10Y*
- 14.82%
- ALL TIME*
- 13.97%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
PBI.TO Purpose Best Ideas Fund | CA$35.55K | CA$37.47K | CA$25.30K |
| CA$2.25M | CA$2.03M | CA$2.47M |
PBI.TO vs. XUU.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PBI.TO Purpose Best Ideas Fund | 3.12% | 19.19% | 23.26% | 37.57% | -39.67% | 10.70% | 23.07% | 35.93% | -11.92% | 22.62% |
XUU.TO iShares Core S&P U.S. Total Market Index ETF | 12.15% | 11.25% | 34.07% | 23.11% | -13.53% | 25.94% | 16.26% | 23.78% | 2.43% | 12.80% |
Correlation
The correlation between PBI.TO and XUU.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 (3Y) Calculated over the trailing 3-year period | 0.37 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.37 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.30 |
Correlation (All Time) Calculated using the full available price history since Feb 18, 2015 | 0.31 |
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Return for Risk
PBI.TO vs. XUU.TO — Risk / Return Rank
PBI.TO
XUU.TO
PBI.TO vs. XUU.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 U.S. Total Market Index ETF (XUU.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.TO | XUU.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.12 | ||
| Sortino ratioReturn per unit of downside risk | -1.48 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 1.30 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | 0.54 | 2.43 | -1.89 |
| Martin ratioReturn relative to average drawdown | 1.76 | 9.00 | -7.23 |
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Drawdowns
PBI.TO vs. XUU.TO - Drawdown Comparison
The maximum PBI.TO drawdown since its inception was -47.87%, which is greater than XUU.TO's maximum drawdown of -28.22%. Use the drawdown chart below to compare losses from any high point for PBI.TO and XUU.TO.
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Drawdown Indicators
| PBI.TO | XUU.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -47.87% | -28.22% | -19.65% |
Max Drawdown (1Y)Largest decline over 1 year | -16.18% | -8.80% | -7.38% |
Max Drawdown (3Y)Largest decline over 3 years | -20.01% | -19.70% | -0.31% |
Max Drawdown (5Y)Largest decline over 5 years | -47.87% | -23.40% | -24.47% |
Max Drawdown (10Y)Largest decline over 10 years | -47.87% | -28.22% | -19.65% |
Current DrawdownCurrent decline from peak | -4.05% | -2.61% | -1.44% |
Average DrawdownAverage peak-to-trough decline | -10.08% | -4.12% | -5.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.97% | 2.37% | +2.60% |
Volatility
PBI.TO vs. XUU.TO - Volatility Comparison
Purpose Best Ideas Fund (PBI.TO) has a higher volatility of 4.30% compared to iShares Core S&P U.S. Total Market Index ETF (XUU.TO) at 3.34%. This indicates that PBI.TO's price experiences larger fluctuations and is considered to be riskier than XUU.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.TO | XUU.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.30% | 3.34% | +0.96% |
Volatility (6M)Calculated over the trailing 6-month period | 13.37% | 9.79% | +3.58% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.88% | 12.79% | +3.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.24% | 15.56% | +6.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.00% | 16.59% | +5.41% |
PBI.TO vs. XUU.TO - Expense Ratio Comparison
PBI.TO has a 0.82% expense ratio, which is higher than XUU.TO's 0.07% expense ratio.
Dividends
PBI.TO vs. XUU.TO - Dividend Comparison
PBI.TO has not paid dividends to shareholders, while XUU.TO's dividend yield for the trailing twelve months is around 1.04%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PBI.TO Purpose Best Ideas Fund | 0.00% | 3.02% | 0.00% | 0.00% | 2.95% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XUU.TO iShares Core S&P U.S. Total Market Index ETF | 1.04% | 1.16% | 1.02% | 1.22% | 1.38% | 1.01% | 1.33% | 1.68% | 1.74% | 1.49% | 1.65% | 1.53% |
Frequently Asked Questions
PBI.TO and XUU.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, XUU.TO is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XUU.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 XUU.TO.
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