PYF.TO vs. XTR.TO
Compare and contrast key facts about Purpose Premium Yield Fund Series ETF (PYF.TO) and iShares Diversified Monthly Income ETF (XTR.TO).
PYF.TO and XTR.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PYF.TO is an actively managed fund by Purpose Investments. It was launched on Nov 28, 2018. XTR.TO is a passively managed fund by iShares that tracks the performance of the Morningstar Can Neut Tgt Alloc NR CAD. It was launched on Dec 19, 2005.
Performance
PYF.TO vs. XTR.TO - Performance Comparison
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PYF.TO vs. XTR.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PYF.TO Purpose Premium Yield Fund Series ETF | -0.23% | 5.45% | 7.42% | 8.40% | 5.25% | 4.95% | -1.59% | 7.28% | 2.01% | 3.61% |
XTR.TO iShares Diversified Monthly Income ETF | 2.91% | 5.04% | 12.59% | 4.85% | -4.61% | 10.02% | 2.26% | 12.67% | -3.88% | 6.43% |
Returns By Period
In the year-to-date period, PYF.TO achieves a -0.23% return, which is significantly lower than XTR.TO's 2.91% return. Over the past 10 years, PYF.TO has underperformed XTR.TO with an annualized return of 4.48%, while XTR.TO has yielded a comparatively higher 5.51% annualized return.
PYF.TO
- 1D
- 0.30%
- 1M
- 0.30%
- YTD
- -0.23%
- 6M
- -0.41%
- 1Y
- 2.80%
- 3Y*
- 6.23%
- 5Y*
- 5.87%
- 10Y*
- 4.48%
XTR.TO
- 1D
- 0.59%
- 1M
- -1.56%
- YTD
- 2.91%
- 6M
- 0.80%
- 1Y
- 4.31%
- 3Y*
- 7.99%
- 5Y*
- 5.12%
- 10Y*
- 5.51%
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PYF.TO vs. XTR.TO - Expense Ratio Comparison
Return for Risk
PYF.TO vs. XTR.TO — Risk / Return Rank
PYF.TO
XTR.TO
PYF.TO vs. XTR.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 iShares Diversified Monthly Income ETF (XTR.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.TO | XTR.TO | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.45 | 0.61 | -0.17 |
Sortino ratioReturn per unit of downside risk | 0.75 | 0.79 | -0.05 |
Omega ratioGain probability vs. loss probability | 1.13 | 1.13 | 0.00 |
Calmar ratioReturn relative to maximum drawdown | 0.41 | 0.86 | -0.45 |
Martin ratioReturn relative to average drawdown | 2.26 | 2.88 | -0.61 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| PYF.TO | XTR.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.45 | 0.61 | -0.17 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.14 | 0.81 | +0.34 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.68 | 0.66 | +0.01 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.69 | 0.37 | +0.32 |
Correlation
The correlation between PYF.TO and XTR.TO is 0.39, 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
PYF.TO vs. XTR.TO - Dividend Comparison
PYF.TO's dividend yield for the trailing twelve months is around 7.62%, more than XTR.TO's 4.03% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PYF.TO Purpose Premium Yield Fund Series ETF | 7.62% | 7.84% | 7.66% | 7.47% | 5.78% | 5.74% | 5.69% | 5.29% | 5.38% | 5.83% | 6.59% | 0.00% |
XTR.TO iShares Diversified Monthly Income ETF | 4.03% | 4.10% | 4.14% | 4.46% | 4.47% | 4.08% | 5.39% | 5.21% | 5.57% | 5.08% | 5.14% | 6.59% |
Drawdowns
PYF.TO vs. XTR.TO - Drawdown Comparison
The maximum PYF.TO drawdown since its inception was -20.53%, smaller than the maximum XTR.TO drawdown of -51.58%. Use the drawdown chart below to compare losses from any high point for PYF.TO and XTR.TO.
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Drawdown Indicators
| PYF.TO | XTR.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.53% | -51.58% | +31.05% |
Max Drawdown (1Y)Largest decline over 1 year | -5.13% | -5.90% | +0.77% |
Max Drawdown (5Y)Largest decline over 5 years | -5.57% | -9.87% | +4.30% |
Max Drawdown (10Y)Largest decline over 10 years | -20.53% | -25.93% | +5.40% |
Current DrawdownCurrent decline from peak | -0.98% | -1.56% | +0.58% |
Average DrawdownAverage peak-to-trough decline | -0.99% | -5.12% | +4.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.93% | 1.78% | -0.85% |
Volatility
PYF.TO vs. XTR.TO - Volatility Comparison
The current volatility for Purpose Premium Yield Fund Series ETF (PYF.TO) is 0.88%, while iShares Diversified Monthly Income ETF (XTR.TO) has a volatility of 2.25%. This indicates that PYF.TO experiences smaller price fluctuations and is considered to be less risky than XTR.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PYF.TO | XTR.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.88% | 2.25% | -1.37% |
Volatility (6M)Calculated over the trailing 6-month period | 2.20% | 4.72% | -2.52% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.35% | 7.12% | -0.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.17% | 6.38% | -1.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.66% | 8.37% | -1.71% |