PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
PYF.TO vs. BMAX.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

PYF.TO vs. BMAX.TO

Last updated Jun 4, 2026

PYF.TO (Purpose Premium Yield Fund Series ETF) and BMAX.TO (Brompton Enhanced Multi-Asset Income ETF) are both Diversified Portfolio funds. Over the past 3 years, PYF.TO returned 6.48%/yr vs 18.63%/yr for BMAX.TO. At a 0.40 correlation, their price movements are largely independent.

Performance

PYF.TO vs. BMAX.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Purpose Premium Yield Fund Series ETF (PYF.TO) and Brompton Enhanced Multi-Asset Income ETF (BMAX.TO). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, PYF.TO achieves a 1.16% return, which is significantly lower than BMAX.TO's 9.27% return.

PYF.TO

1D
-0.42%
1M
0.79%
YTD
1.16%
6M
1.28%
1Y
2.22%
3Y*
6.48%
5Y*
5.99%
10Y*
4.63%

BMAX.TO

1D
-0.03%
1M
4.64%
YTD
9.27%
6M
9.79%
1Y
22.18%
3Y*
18.63%
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

PYF.TO vs. BMAX.TO - Yearly Performance Comparison

2026 (YTD)2025202420232022
PYF.TO
Purpose Premium Yield Fund Series ETF		1.16%5.45%7.42%8.40%2.22%
BMAX.TO
Brompton Enhanced Multi-Asset Income ETF		9.27%17.88%19.42%11.56%6.10%

Correlation

The correlation between PYF.TO and BMAX.TO is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.

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

0.33

Correlation (3Y)
Calculated over the trailing 3-year period

0.37

Correlation (All Time)
Calculated using the full available price history since Oct 21, 2022

0.40

PYF.TO vs. BMAX.TO - Sectors Allocation Comparison

Sectors
PYF.TO
BMAX.TO

Technology

23.1%
18.8%

Consumer Cyclical

21.8%
2.6%

Financial Services

17.0%
24.1%

Healthcare

14.5%
17.0%

Consumer Defensive

11.9%
4.9%

Energy

3.8%
7.0%

Industrials

3.1%
13.0%

Communication Services

2.6%
4.3%

Basic Materials

2.2%
2.6%

Utilities

0.0%
4.4%

Real Estate

0.0%
1.3%

Technology

PYF.TO
23.1%
BMAX.TO
18.8%

Consumer Cyclical

PYF.TO
21.8%
BMAX.TO
2.6%

Financial Services

PYF.TO
17.0%
BMAX.TO
24.1%

Healthcare

PYF.TO
14.5%
BMAX.TO
17.0%

Consumer Defensive

PYF.TO
11.9%
BMAX.TO
4.9%

Energy

PYF.TO
3.8%
BMAX.TO
7.0%

Industrials

PYF.TO
3.1%
BMAX.TO
13.0%

Communication Services

PYF.TO
2.6%
BMAX.TO
4.3%

Basic Materials

PYF.TO
2.2%
BMAX.TO
2.6%

Utilities

PYF.TO
0.0%
BMAX.TO
4.4%

Real Estate

PYF.TO
0.0%
BMAX.TO
1.3%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Purpose Premium Yield Fund Series ETF

Brompton Enhanced Multi-Asset Income ETF

Often compared with PYF.TO:
PYF.TO vs. BTCC-B.TOPYF.TO vs. HBAL.TOPYF.TO vs. ZCON.TOPYF.TO vs. CEQT.TOPYF.TO vs. ZESG.TOPYF.TO vs. CSBG.NEOPYF.TO vs. MGRW.TO
Often compared with BMAX.TO:
BMAX.TO vs. HDIV.TOBMAX.TO vs. UTES.TOBMAX.TO vs. ZWQT.TOBMAX.TO vs. CLSA.TOBMAX.TO vs. BANK.TOBMAX.TO vs. HUTE.TOBMAX.TO vs. SPLT.TO

Return for Risk

PYF.TO vs. BMAX.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
PYF.TO
PYF.TO Risk / Return Rank: 2222
Overall Rank
PYF.TO Sharpe Ratio Rank: 2121
Sharpe Ratio Rank
PYF.TO Sortino Ratio Rank: 2020
Sortino Ratio Rank
PYF.TO Omega Ratio Rank: 2121
Omega Ratio Rank
PYF.TO Calmar Ratio Rank: 2323
Calmar Ratio Rank
PYF.TO Martin Ratio Rank: 2323
Martin Ratio Rank
BMAX.TO
BMAX.TO Risk / Return Rank: 5959
Overall Rank
BMAX.TO Sharpe Ratio Rank: 6262
Sharpe Ratio Rank
BMAX.TO Sortino Ratio Rank: 6363
Sortino Ratio Rank
BMAX.TO Omega Ratio Rank: 6262
Omega Ratio Rank
BMAX.TO Calmar Ratio Rank: 4848
Calmar Ratio Rank
BMAX.TO Martin Ratio Rank: 5959
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.

PYF.TO vs. BMAX.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Purpose Premium Yield Fund Series ETF (PYF.TO) and Brompton Enhanced Multi-Asset Income ETF (BMAX.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.

PYF.TOBMAX.TODifference
Sharpe ratioReturn per unit of total volatility
0.71
2.10

-1.38

Sortino ratioReturn per unit of downside risk
1.01
3.01

-2.00

Omega ratioGain probability vs. loss probability

1.14

1.38

-0.25

Calmar ratioReturn relative to maximum drawdown

1.05

2.38

-1.33

Martin ratioReturn relative to average drawdown

2.83

10.46

-7.63

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PYF.TO vs. BMAX.TO - Sharpe Ratio Comparison

The current PYF.TO Sharpe Ratio is 0.71, which is lower than the BMAX.TO Sharpe Ratio of 2.10. The chart below compares the historical Sharpe Ratios of PYF.TO and BMAX.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...

Sharpe Ratios by Period

PYF.TOBMAX.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.71

2.10

-1.38

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

1.16

—

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.70

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.71

1.38

-0.67

Drawdowns

PYF.TO vs. BMAX.TO - Drawdown Comparison

The maximum PYF.TO drawdown since its inception was -20.53%, which is greater than BMAX.TO's maximum drawdown of -15.42%. Use the drawdown chart below to compare losses from any high point for PYF.TO and BMAX.TO.

Loading charts...

Drawdown Indicators

PYF.TOBMAX.TODifference

Max Drawdown

Largest peak-to-trough decline

-20.53%

-15.42%

-5.11%

Max Drawdown (1Y)

Largest decline over 1 year

-2.11%

-9.35%

+7.24%

Max Drawdown (3Y)

Largest decline over 3 years

-5.57%

-15.42%

+9.85%

Max Drawdown (5Y)

Largest decline over 5 years

-5.57%

—

—

Max Drawdown (10Y)

Largest decline over 10 years

-20.53%

—

—

Current Drawdown

Current decline from peak

-0.42%

-0.96%

+0.54%

Average Drawdown

Average peak-to-trough decline

-0.98%

-1.90%

+0.92%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.79%

2.13%

-1.34%

Volatility

PYF.TO vs. BMAX.TO - Volatility Comparison

The current volatility for Purpose Premium Yield Fund Series ETF (PYF.TO) is 1.18%, while Brompton Enhanced Multi-Asset Income ETF (BMAX.TO) has a volatility of 3.27%. This indicates that PYF.TO experiences smaller price fluctuations and is considered to be less risky than BMAX.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

PYF.TOBMAX.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

1.18%

3.27%

-2.09%

Volatility (6M)

Calculated over the trailing 6-month period

2.29%

8.81%

-6.52%

Volatility (1Y)

Calculated over the trailing 1-year period

3.20%

10.62%

-7.42%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

5.19%

13.13%

-7.94%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

6.67%

13.13%

-6.46%

Dividends

PYF.TO vs. BMAX.TO - Dividend Comparison

PYF.TO's dividend yield for the trailing twelve months is around 7.36%, less than BMAX.TO's 9.59% yield.

PositionTTM2025202420232022202120202019201820172016
BMAX.TO
Brompton Enhanced Multi-Asset Income ETF		9.59%9.70%9.64%9.55%2.41%0.00%0.00%0.00%0.00%0.00%0.00%
PYF.TO
Purpose Premium Yield Fund Series ETF		7.36%7.84%7.66%7.47%5.78%5.74%5.69%5.29%5.38%5.83%6.59%

Frequently Asked Questions

PYF.TO and BMAX.TO have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

They also come from different issuers: Purpose Investments and Brompton Funds.

Portfolio Optimizer

Find the right allocation for PYF.TO and BMAX.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