SYLD.TO vs. FIE.TO
Compare and contrast key facts about Purpose Strategic Yield Fund (SYLD.TO) and iShares Canadian Financial Monthly Income ETF (FIE.TO).
SYLD.TO and FIE.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FIE.TO is a passively managed fund by iShares that tracks the performance of the Morningstar Can Equity Tgt Alloc NR CAD. It was launched on Apr 16, 2010.
Performance
SYLD.TO vs. FIE.TO - Performance Comparison
Loading graphics...
SYLD.TO vs. FIE.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
SYLD.TO Purpose Strategic Yield Fund | 0.15% | 10.15% | 13.23% | 6.84% | -8.63% | 12.53% | 10.72% | 8.65% | -3.45% |
FIE.TO iShares Canadian Financial Monthly Income ETF | -1.91% | 24.15% | 27.37% | 12.34% | -14.53% | 27.00% | 0.99% | 18.62% | -6.59% |
Returns By Period
In the year-to-date period, SYLD.TO achieves a 0.15% return, which is significantly higher than FIE.TO's -1.91% return.
SYLD.TO
- 1D
- 0.26%
- 1M
- -0.57%
- YTD
- 0.15%
- 6M
- 1.36%
- 1Y
- 9.69%
- 3Y*
- 9.54%
- 5Y*
- 4.93%
- 10Y*
- —
FIE.TO
- 1D
- 1.79%
- 1M
- -2.61%
- YTD
- -1.91%
- 6M
- 3.67%
- 1Y
- 20.81%
- 3Y*
- 19.00%
- 5Y*
- 10.84%
- 10Y*
- 10.45%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
SYLD.TO vs. FIE.TO - Expense Ratio Comparison
Return for Risk
SYLD.TO vs. FIE.TO — Risk / Return Rank
SYLD.TO
FIE.TO
SYLD.TO vs. FIE.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Purpose Strategic Yield Fund (SYLD.TO) and iShares Canadian Financial Monthly Income ETF (FIE.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.
| SYLD.TO | FIE.TO | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.01 | 1.97 | +0.04 |
Sortino ratioReturn per unit of downside risk | 3.25 | 2.48 | +0.77 |
Omega ratioGain probability vs. loss probability | 1.42 | 1.40 | +0.02 |
Calmar ratioReturn relative to maximum drawdown | 3.77 | 2.59 | +1.17 |
Martin ratioReturn relative to average drawdown | 15.34 | 8.37 | +6.97 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| SYLD.TO | FIE.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.01 | 1.97 | +0.04 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.17 | 1.05 | +0.13 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.75 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.70 | 0.68 | +0.02 |
Correlation
The correlation between SYLD.TO and FIE.TO is 0.17, 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
SYLD.TO vs. FIE.TO - Dividend Comparison
SYLD.TO's dividend yield for the trailing twelve months is around 5.92%, more than FIE.TO's 4.96% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SYLD.TO Purpose Strategic Yield Fund | 5.92% | 5.85% | 6.07% | 6.45% | 6.46% | 5.56% | 5.91% | 6.13% | 4.70% | 0.00% | 0.00% | 0.00% |
FIE.TO iShares Canadian Financial Monthly Income ETF | 4.96% | 4.81% | 5.66% | 6.77% | 7.09% | 5.68% | 6.80% | 6.36% | 7.07% | 6.02% | 6.31% | 7.11% |
Drawdowns
SYLD.TO vs. FIE.TO - Drawdown Comparison
The maximum SYLD.TO drawdown since its inception was -32.00%, smaller than the maximum FIE.TO drawdown of -42.25%. Use the drawdown chart below to compare losses from any high point for SYLD.TO and FIE.TO.
Loading graphics...
Drawdown Indicators
| SYLD.TO | FIE.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.00% | -42.25% | +10.25% |
Max Drawdown (1Y)Largest decline over 1 year | -2.57% | -8.31% | +5.74% |
Max Drawdown (5Y)Largest decline over 5 years | -9.48% | -23.03% | +13.55% |
Max Drawdown (10Y)Largest decline over 10 years | — | -42.25% | — |
Current DrawdownCurrent decline from peak | -0.88% | -5.15% | +4.27% |
Average DrawdownAverage peak-to-trough decline | -2.64% | -5.06% | +2.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.63% | 2.58% | -1.95% |
Volatility
SYLD.TO vs. FIE.TO - Volatility Comparison
The current volatility for Purpose Strategic Yield Fund (SYLD.TO) is 0.99%, while iShares Canadian Financial Monthly Income ETF (FIE.TO) has a volatility of 4.18%. This indicates that SYLD.TO experiences smaller price fluctuations and is considered to be less risky than FIE.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| SYLD.TO | FIE.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.99% | 4.18% | -3.19% |
Volatility (6M)Calculated over the trailing 6-month period | 2.37% | 7.32% | -4.95% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.85% | 10.64% | -5.79% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.74% | 10.44% | -5.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.96% | 14.06% | -2.10% |