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TGRO.TO vs. PYF.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

TGRO.TO vs. PYF.TO

Last updated Jun 4, 2026

TGRO.TO (TD Growth ETF Portfolio) and PYF.TO (Purpose Premium Yield Fund Series ETF) are both Diversified Portfolio funds. Both are actively managed. Over the past 5 years, TGRO.TO returned 13.26%/yr vs 5.99%/yr for PYF.TO. At a 0.41 correlation, their price movements are largely independent.

Performance

TGRO.TO vs. PYF.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in TD Growth ETF Portfolio (TGRO.TO) and Purpose Premium Yield Fund Series ETF (PYF.TO). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, TGRO.TO achieves a 9.93% return, which is significantly higher than PYF.TO's 1.16% return.

TGRO.TO

1D
-0.38%
1M
5.22%
YTD
9.93%
6M
9.81%
1Y
25.55%
3Y*
19.69%
5Y*
13.26%
10Y*
—

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

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

2026 (YTD)202520242023202220212020
TGRO.TO
TD Growth ETF Portfolio		9.93%18.03%22.28%18.36%-11.39%20.46%2,565.79%
PYF.TO
Purpose Premium Yield Fund Series ETF		1.16%5.45%7.42%8.40%5.25%4.95%3.42%

Correlation

The correlation between TGRO.TO and PYF.TO is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.

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

0.39

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

0.41

Correlation (5Y)
Calculated over the trailing 5-year period

0.42

Correlation (All Time)
Calculated using the full available price history since Aug 20, 2020

0.41

Compare stocks, funds, or ETFs

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

TD Growth ETF Portfolio

Purpose Premium Yield Fund Series ETF

Often compared with TGRO.TO:
TGRO.TO vs. VGRO.TOTGRO.TO vs. XEQT.TOTGRO.TO vs. XGRO.TOTGRO.TO vs. ZGRO.TOTGRO.TO vs. TBAL.TOTGRO.TO vs. TEQT.TOTGRO.TO vs. TPU.TO
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

Return for Risk

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

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
TGRO.TO
TGRO.TO Risk / Return Rank: 7777
Overall Rank
TGRO.TO Sharpe Ratio Rank: 7878
Sharpe Ratio Rank
TGRO.TO Sortino Ratio Rank: 7979
Sortino Ratio Rank
TGRO.TO Omega Ratio Rank: 8080
Omega Ratio Rank
TGRO.TO Calmar Ratio Rank: 7070
Calmar Ratio Rank
TGRO.TO Martin Ratio Rank: 7979
Martin Ratio Rank
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
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.

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

This table presents a comparison of risk-adjusted performance metrics for TD Growth ETF Portfolio (TGRO.TO) and Purpose Premium Yield Fund Series ETF (PYF.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.

TGRO.TOPYF.TODifference
Sharpe ratioReturn per unit of total volatility
2.58
0.71

+1.87

Sortino ratioReturn per unit of downside risk
3.62
1.01

+2.62

Omega ratioGain probability vs. loss probability

1.49

1.14

+0.35

Calmar ratioReturn relative to maximum drawdown

3.56

1.05

+2.51

Martin ratioReturn relative to average drawdown

15.71

2.83

+12.88

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

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

The current TGRO.TO Sharpe Ratio is 2.58, which is higher than the PYF.TO Sharpe Ratio of 0.71. The chart below compares the historical Sharpe Ratios of TGRO.TO and PYF.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.

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Sharpe Ratios by Period

TGRO.TOPYF.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.58

0.71

+1.87

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

1.14

1.16

-0.02

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.70

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.10

0.71

-0.61

Drawdowns

TGRO.TO vs. PYF.TO - Drawdown Comparison

The maximum TGRO.TO drawdown since its inception was -18.37%, smaller than the maximum PYF.TO drawdown of -20.53%. Use the drawdown chart below to compare losses from any high point for TGRO.TO and PYF.TO.

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Drawdown Indicators

TGRO.TOPYF.TODifference

Max Drawdown

Largest peak-to-trough decline

-18.37%

-20.53%

+2.16%

Max Drawdown (1Y)

Largest decline over 1 year

-7.21%

-2.11%

-5.10%

Max Drawdown (3Y)

Largest decline over 3 years

-13.27%

-5.57%

-7.70%

Max Drawdown (5Y)

Largest decline over 5 years

-18.37%

-5.57%

-12.80%

Max Drawdown (10Y)

Largest decline over 10 years

—

-20.53%

—

Current Drawdown

Current decline from peak

-0.41%

-0.42%

+0.01%

Average Drawdown

Average peak-to-trough decline

-3.46%

-0.98%

-2.48%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.63%

0.79%

+0.84%

Volatility

TGRO.TO vs. PYF.TO - Volatility Comparison

TD Growth ETF Portfolio (TGRO.TO) has a higher volatility of 3.28% compared to Purpose Premium Yield Fund Series ETF (PYF.TO) at 1.18%. This indicates that TGRO.TO's price experiences larger fluctuations and is considered to be riskier than PYF.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

TGRO.TOPYF.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

3.28%

1.18%

+2.10%

Volatility (6M)

Calculated over the trailing 6-month period

8.10%

2.29%

+5.81%

Volatility (1Y)

Calculated over the trailing 1-year period

9.93%

3.20%

+6.73%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

11.69%

5.19%

+6.50%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

995.08%

6.67%

+988.41%

Dividends

TGRO.TO vs. PYF.TO - Dividend Comparison

TGRO.TO's dividend yield for the trailing twelve months is around 1.78%, less than PYF.TO's 7.36% yield.

PositionTTM2025202420232022202120202019201820172016
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%
TGRO.TO
TD Growth ETF Portfolio		1.78%2.03%2.04%2.17%2.46%1.58%0.83%0.00%0.00%0.00%0.00%

Frequently Asked Questions

TGRO.TO and PYF.TO have a correlation of 0.39, 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: TD and Purpose Investments.

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