PDIV.TO vs. DGS

Last updated Apr 1, 2026

Compare and contrast key facts about Purpose Enhanced Dividend Fund ETF (PDIV.TO) and WisdomTree Emerging Markets SmallCap Dividend Fund (DGS).

PDIV.TO and DGS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PDIV.TO is an actively managed fund by Purpose Investments. It was launched on Jan 2, 2018. DGS is a passively managed fund by WisdomTree that tracks the performance of the WisdomTree Emerging Markets SmallCap Dividend Index. It was launched on Oct 30, 2007.

Performance

PDIV.TO vs. DGS - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Purpose Enhanced Dividend Fund ETF (PDIV.TO) and WisdomTree Emerging Markets SmallCap Dividend Fund (DGS). The values are adjusted to include any dividend payments, if applicable.

PDIV.TO vs. DGS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PDIV.TO Purpose Enhanced Dividend Fund ETF	1.14%	15.82%	10.71%	4.64%	-4.40%	20.18%	-1.15%	23.57%	-15.24%	26.84%
DGS WisdomTree Emerging Markets SmallCap Dividend Fund	6.77%	15.62%	9.82%	16.46%	-6.10%	14.29%	2.30%	13.06%	-9.44%	28.72%

Different Trading Currencies

PDIV.TO is traded in CAD, while DGS is traded in USD. To make them comparable, the DGS values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, PDIV.TO achieves a 1.14% return, which is significantly lower than DGS's 6.77% return. Over the past 10 years, PDIV.TO has underperformed DGS with an annualized return of 8.91%, while DGS has yielded a comparatively higher 9.66% annualized return.

PDIV.TO

• 1D: 1.48%
• 1M: -3.00%
• YTD: 1.14%
• 6M: 5.00%
• 1Y: 13.80%
• 3Y*: 9.78%
• 5Y*: 7.84%
• 10Y*: 8.91%

DGS

• 1D: 2.60%
• 1M: -5.15%
• YTD: 6.77%
• 6M: 6.58%
• 1Y: 24.77%
• 3Y*: 14.87%
• 5Y*: 9.73%
• 10Y*: 9.66%

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

PDIV.TO vs. DGS - Expense Ratio Comparison

PDIV.TO has a 0.77% expense ratio, which is higher than DGS's 0.58% expense ratio.

PDIV.TO

Purpose Enhanced Dividend Fund ETF

DGS

WisdomTree Emerging Markets SmallCap Dividend Fund

Return for Risk

PDIV.TO vs. DGS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PDIV.TO

PDIV.TO Risk / Return Rank: 78
PDIV.TO Sharpe Ratio Rank: 78
PDIV.TO Sortino Ratio Rank: 78
PDIV.TO Omega Ratio Rank: 84
PDIV.TO Calmar Ratio Rank: 68
PDIV.TO Martin Ratio Rank: 81

DGS

DGS Risk / Return Rank: 87
DGS Sharpe Ratio Rank: 87
DGS Sortino Ratio Rank: 88
DGS Omega Ratio Rank: 87
DGS Calmar Ratio Rank: 86
DGS Martin Ratio Rank: 86

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.

PDIV.TO vs. DGS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Purpose Enhanced Dividend Fund ETF (PDIV.TO) and WisdomTree Emerging Markets SmallCap Dividend Fund (DGS). 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.

	PDIV.TO	DGS	Difference
Sharpe ratio Return per unit of total volatility	1.45	1.61	-0.16
Sortino ratio Return per unit of downside risk	1.99	2.17	-0.18
Omega ratio Gain probability vs. loss probability	1.33	1.31	+0.02
Calmar ratio Return relative to maximum drawdown	1.74	2.20	-0.46
Martin ratio Return relative to average drawdown	8.94	8.46	+0.48
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PDIV.TO vs. DGS - Sharpe Ratio Comparison

The current PDIV.TO Sharpe Ratio is 1.45, which is comparable to the DGS Sharpe Ratio of 1.61. The chart below compares the historical Sharpe Ratios of PDIV.TO and DGS, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	PDIV.TO	DGS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.45	1.61	-0.16
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.80	0.80	0.00
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.64	0.66	-0.02
Sharpe Ratio (All Time) Calculated using the full available price history	0.59	0.61	-0.02

Correlation

The correlation between PDIV.TO and DGS is 0.19, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

PDIV.TO vs. DGS - Dividend Comparison

PDIV.TO's dividend yield for the trailing twelve months is around 12.30%, more than DGS's 3.49% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PDIV.TO Purpose Enhanced Dividend Fund ETF	12.30%	12.24%	12.35%	11.84%	6.38%	5.59%	6.33%	5.85%	6.80%	25.71%	5.38%	8.10%
DGS WisdomTree Emerging Markets SmallCap Dividend Fund	3.49%	3.45%	3.36%	4.55%	5.34%	3.98%	3.69%	3.95%	4.24%	2.81%	3.42%	3.28%

Drawdowns

PDIV.TO vs. DGS - Drawdown Comparison

The maximum PDIV.TO drawdown since its inception was -30.64%, smaller than the maximum DGS drawdown of -35.04%. Use the drawdown chart below to compare losses from any high point for PDIV.TO and DGS.

Drawdown Indicators

	PDIV.TO	DGS	Difference
Max Drawdown Largest peak-to-trough decline	-30.64%	-61.83%	+31.19%
Max Drawdown (1Y) Largest decline over 1 year	-8.36%	-10.99%	+2.63%
Max Drawdown (5Y) Largest decline over 5 years	-14.96%	-24.86%	+9.90%
Max Drawdown (10Y) Largest decline over 10 years	-30.64%	-44.08%	+13.44%
Current Drawdown Current decline from peak	-3.25%	-7.62%	+4.37%
Average Drawdown Average peak-to-trough decline	-4.40%	-12.68%	+8.28%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.63%	2.96%	-1.33%

Volatility

PDIV.TO vs. DGS - Volatility Comparison

The current volatility for Purpose Enhanced Dividend Fund ETF (PDIV.TO) is 3.48%, while WisdomTree Emerging Markets SmallCap Dividend Fund (DGS) has a volatility of 8.30%. This indicates that PDIV.TO experiences smaller price fluctuations and is considered to be less risky than DGS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PDIV.TO	DGS	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.48%	8.30%	-4.82%
Volatility (6M) Calculated over the trailing 6-month period	5.58%	11.11%	-5.53%
Volatility (1Y) Calculated over the trailing 1-year period	9.56%	15.43%	-5.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.89%	12.22%	-2.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.96%	14.69%	-0.73%