PID.TO vs. VIDY.TO

Last updated Jun 5, 2026

PID.TO (Purpose International Dividend Fund) and VIDY.TO (Vanguard FTSE Developed ex North America High Dividend Yield Index ETF) are both exchange-traded funds - PID.TO is a fund fund, while VIDY.TO is a Foreign Large Cap Equities fund tracking the FTSE Developed ex North America High Dividend Yield Index. Over the past 5 years, PID.TO returned 14.38%/yr vs 15.35%/yr for VIDY.TO. A 0.70 correlation means they provide meaningful diversification when combined.

Performance

PID.TO vs. VIDY.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Purpose International Dividend Fund (PID.TO) and Vanguard FTSE Developed ex North America High Dividend Yield Index ETF (VIDY.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PID.TO achieves a 9.96% return, which is significantly lower than VIDY.TO's 11.55% return.

PID.TO

• 1D: 0.43%
• 1M: 4.14%
• YTD: 9.96%
• 6M: 11.49%
• 1Y: 27.03%
• 3Y*: 21.31%
• 5Y*: 14.38%
• 10Y*: 10.31%

VIDY.TO

• 1D: 0.99%
• 1M: 3.30%
• YTD: 11.55%
• 6M: 12.63%
• 1Y: 29.02%
• 3Y*: 23.03%
• 5Y*: 15.35%
• 10Y*: —

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

PID.TO vs. VIDY.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
PID.TO Purpose International Dividend Fund	9.96%	33.40%	13.85%	15.75%	-2.67%	8.95%	-3.24%	14.04%	-4.46%
VIDY.TO Vanguard FTSE Developed ex North America High Dividend Yield Index ETF	11.55%	34.37%	13.41%	15.46%	1.54%	14.21%	-2.65%	13.21%	-5.68%

Correlation

The correlation between PID.TO and VIDY.TO is 0.86, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.86
Correlation (3Y) Calculated over the trailing 3-year period	0.76
Correlation (5Y) Calculated over the trailing 5-year period	0.72
Correlation (All Time) Calculated using the full available price history since Aug 29, 2018	0.70

The correlation between PID.TO and VIDY.TO shifts across timeframes, from 0.70 (all time) to 0.86 (1 year), reflecting how their relationship changes across market environments.

PID.TO vs. VIDY.TO - Sectors Allocation Comparison

Sectors	PID.TO	VIDY.TO
Financial Services	32.8%	40.7%
Healthcare	10.7%	9.4%
Industrials	9.9%	7.1%
Basic Materials	9.4%	6.3%
Consumer Cyclical	8.6%	7.2%
Energy	7.3%	7.2%
Utilities	6.3%	6.4%
Consumer Defensive	5.8%	8.8%
Communication Services	5.6%	4.4%
Technology	3.1%	1.3%
Real Estate	0.3%	1.3%

Return for Risk

PID.TO vs. VIDY.TO — Risk / Return Rank

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

PID.TO

PID.TO Risk / Return Rank: 56
PID.TO Sharpe Ratio Rank: 58
PID.TO Sortino Ratio Rank: 57
PID.TO Omega Ratio Rank: 58
PID.TO Calmar Ratio Rank: 50
PID.TO Martin Ratio Rank: 56

VIDY.TO

VIDY.TO Risk / Return Rank: 64
VIDY.TO Sharpe Ratio Rank: 68
VIDY.TO Sortino Ratio Rank: 68
VIDY.TO Omega Ratio Rank: 68
VIDY.TO Calmar Ratio Rank: 57
VIDY.TO Martin Ratio Rank: 61

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.

PID.TO vs. VIDY.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Purpose International Dividend Fund (PID.TO) and Vanguard FTSE Developed ex North America High Dividend Yield Index ETF (VIDY.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.

	PID.TO	VIDY.TO	Difference
Sharpe ratio: Return per unit of total volatility	1.93	2.21	-0.28
Sortino ratio: Return per unit of downside risk	2.67	3.06	-0.39
Omega ratio: Gain probability vs. loss probability	1.35	1.40	-0.05
Calmar ratio: Return relative to maximum drawdown	2.45	2.78	-0.33
Martin ratio: Return relative to average drawdown	9.51	10.76	-1.25
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PID.TO vs. VIDY.TO - Sharpe Ratio Comparison

The current PID.TO Sharpe Ratio is 1.93, which is comparable to the VIDY.TO Sharpe Ratio of 2.21. The chart below compares the historical Sharpe Ratios of PID.TO and VIDY.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.

Sharpe Ratios by Period

	PID.TO	VIDY.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.93	2.21	-0.28
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.17	1.15	+0.02
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.74	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.64	0.73	-0.09

Drawdowns

PID.TO vs. VIDY.TO - Drawdown Comparison

The maximum PID.TO drawdown since its inception was -27.27%, smaller than the maximum VIDY.TO drawdown of -31.99%. Use the drawdown chart below to compare losses from any high point for PID.TO and VIDY.TO.

Drawdown Indicators

	PID.TO	VIDY.TO	Difference
Max Drawdown Largest peak-to-trough decline	-27.27%	-31.99%	+4.72%
Max Drawdown (1Y) Largest decline over 1 year	-11.09%	-10.48%	-0.61%
Max Drawdown (3Y) Largest decline over 3 years	-12.35%	-13.89%	+1.54%
Max Drawdown (5Y) Largest decline over 5 years	-19.11%	-19.02%	-0.09%
Max Drawdown (10Y) Largest decline over 10 years	-27.27%	—	—
Current Drawdown Current decline from peak	-1.13%	-1.31%	+0.18%
Average Drawdown Average peak-to-trough decline	-4.09%	-4.25%	+0.16%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.85%	2.70%	+0.15%

Volatility

PID.TO vs. VIDY.TO - Volatility Comparison

Purpose International Dividend Fund (PID.TO) and Vanguard FTSE Developed ex North America High Dividend Yield Index ETF (VIDY.TO) have volatilities of 4.35% and 4.19%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PID.TO	VIDY.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.35%	4.19%	+0.16%
Volatility (6M) Calculated over the trailing 6-month period	11.48%	10.63%	+0.85%
Volatility (1Y) Calculated over the trailing 1-year period	14.07%	13.21%	+0.86%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.33%	13.41%	-1.08%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.97%	16.44%	-2.47%

Dividends

PID.TO vs. VIDY.TO - Dividend Comparison

PID.TO's dividend yield for the trailing twelve months is around 2.87%, more than VIDY.TO's 2.45% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PID.TO Purpose International Dividend Fund	2.87%	3.12%	4.02%	4.39%	4.86%	5.61%	4.64%	4.28%	4.67%	3.53%	3.49%	2.06%
VIDY.TO Vanguard FTSE Developed ex North America High Dividend Yield Index ETF	2.45%	2.80%	3.59%	3.89%	4.37%	3.28%	3.34%	3.36%	0.93%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both PID.TO and VIDY.TO in my portfolio?

PID.TO and VIDY.TO have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.