PRA.TO vs. GRO.TO
PRA.TO (Purpose Diversified Real Asset Fund) and GRO.TO (Franklin Growth ETF Portfolio) are both Diversified Portfolio funds. Both are actively managed. Over the past year, PRA.TO returned 38.59% vs 21.59% for GRO.TO. At a 0.01 correlation, their price movements are largely independent. PRA.TO charges 0.73%/yr vs 0.21%/yr for GRO.TO.
Performance
PRA.TO vs. GRO.TO - Performance Comparison
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Returns By Period
In the year-to-date period, PRA.TO achieves a 26.15% return, which is significantly higher than GRO.TO's 10.52% return.
PRA.TO
- 1D
- 0.42%
- 1M
- 5.87%
- 6M
- 15.04%
- YTD
- 26.15%
- 1Y
- 38.59%
- 3Y*
- 17.58%
- 5Y*
- 15.86%
- 10Y*
- 10.51%
- ALL TIME*
- 7.94%
GRO.TO
- 1D
- 0.00%
- 1M
- -0.18%
- 6M
- 8.16%
- YTD
- 10.52%
- 1Y
- 21.59%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 17.78%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| CA$0.00 | CA$390.87 | CA$1.92K | |
| CA$227.74K | CA$395.74K | CA$474.14K |
PRA.TO vs. GRO.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
PRA.TO Purpose Diversified Real Asset Fund | 26.15% | 18.21% | 3.99% |
GRO.TO Franklin Growth ETF Portfolio | 10.52% | 11.09% | 15.17% |
Correlation
The correlation between PRA.TO and GRO.TO is -0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.05 |
Correlation (All Time) Calculated using the full available price history since Jun 10, 2024 | 0.01 |
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Return for Risk
PRA.TO vs. GRO.TO — Risk / Return Rank
PRA.TO
GRO.TO
PRA.TO vs. GRO.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Purpose Diversified Real Asset Fund (PRA.TO) and Franklin Growth ETF Portfolio (GRO.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.
| PRA.TO | GRO.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.51 | ||
| Sortino ratioReturn per unit of downside risk | -0.46 | ||
| Omega ratioGain probability vs. loss probability | 1.53 | 2.81 | -1.29 |
| Calmar ratioReturn relative to maximum drawdown | 6.32 | 3.75 | +2.57 |
| Martin ratioReturn relative to average drawdown | 20.55 | 17.38 | +3.17 |
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Drawdowns
PRA.TO vs. GRO.TO - Drawdown Comparison
The maximum PRA.TO drawdown since its inception was -34.17%, which is greater than GRO.TO's maximum drawdown of -12.96%. Use the drawdown chart below to compare losses from any high point for PRA.TO and GRO.TO.
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Drawdown Indicators
| PRA.TO | GRO.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.17% | -12.96% | -21.21% |
Max Drawdown (1Y)Largest decline over 1 year | -6.13% | -5.81% | -0.32% |
Max Drawdown (3Y)Largest decline over 3 years | -13.47% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -19.37% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -32.26% | — | — |
Current DrawdownCurrent decline from peak | -0.34% | -0.48% | +0.14% |
Average DrawdownAverage peak-to-trough decline | -7.57% | -1.20% | -6.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.88% | 1.25% | +0.63% |
Volatility
PRA.TO vs. GRO.TO - Volatility Comparison
Purpose Diversified Real Asset Fund (PRA.TO) has a higher volatility of 2.76% compared to Franklin Growth ETF Portfolio (GRO.TO) at 0.18%. This indicates that PRA.TO's price experiences larger fluctuations and is considered to be riskier than GRO.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PRA.TO | GRO.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.76% | 0.18% | +2.58% |
Volatility (6M)Calculated over the trailing 6-month period | 9.46% | 7.15% | +2.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.60% | 8.48% | +4.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.59% | 11.74% | +1.85% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.45% | 11.74% | +2.71% |
PRA.TO vs. GRO.TO - Expense Ratio Comparison
PRA.TO has a 0.73% expense ratio, which is higher than GRO.TO's 0.21% expense ratio.
Dividends
PRA.TO vs. GRO.TO - Dividend Comparison
PRA.TO's dividend yield for the trailing twelve months is around 2.07%, more than GRO.TO's 1.53% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GRO.TO Franklin Growth ETF Portfolio | 1.53% | 2.04% | 1.50% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
PRA.TO Purpose Diversified Real Asset Fund | 2.07% | 3.23% | 2.95% | 3.12% | 1.93% | 1.25% | 1.52% | 1.57% | 1.77% | 1.93% | 1.64% | 2.09% |
Frequently Asked Questions
PRA.TO and GRO.TO have a correlation of -0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, GRO.TO is cheaper at 0.21% per year. The better choice depends on whether you care most about return, fees, risk, or income.
GRO.TO is cheaper with a 0.21% expense ratio, compared with 0.73% for PRA.TO.
They also come from different issuers: Purpose Investments Inc. and Franklin Templeton. Their fees differ too: 0.73% for PRA.TO and 0.21% for GRO.TO.
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