PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
VGG.TO vs. PDIV.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

VGG.TO vs. PDIV.TO

Last updated Jun 4, 2026

VGG.TO (Vanguard U.S. Dividend Appreciation Index ETF) and PDIV.TO (Purpose Enhanced Dividend Fund ETF) are both Dividend funds. VGG.TO is passively managed, while PDIV.TO is actively managed. Over the past 10 years, VGG.TO returned 13.46%/yr vs 9.28%/yr for PDIV.TO. At a 0.25 correlation, their price movements are largely independent. VGG.TO charges 0.30%/yr vs 0.77%/yr for PDIV.TO.

Performance

VGG.TO vs. PDIV.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Vanguard U.S. Dividend Appreciation Index ETF (VGG.TO) and Purpose Enhanced Dividend Fund ETF (PDIV.TO). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, VGG.TO achieves a 8.57% return, which is significantly higher than PDIV.TO's 7.12% return. Over the past 10 years, VGG.TO has outperformed PDIV.TO with an annualized return of 13.46%, while PDIV.TO has yielded a comparatively lower 9.28% annualized return.

VGG.TO

1D
0.23%
1M
6.00%
YTD
8.57%
6M
6.30%
1Y
20.66%
3Y*
17.22%
5Y*
13.16%
10Y*
13.46%

PDIV.TO

1D
-0.52%
1M
2.70%
YTD
7.12%
6M
7.91%
1Y
18.80%
3Y*
11.94%
5Y*
8.07%
10Y*
9.28%
*Multi-year figures are annualized to reflect compound growth (CAGR)

VGG.TO vs. PDIV.TO - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
VGG.TO
Vanguard U.S. Dividend Appreciation Index ETF		8.57%8.61%26.49%11.58%-4.21%22.23%12.67%23.32%5.20%13.99%
PDIV.TO
Purpose Enhanced Dividend Fund ETF		7.12%15.82%10.71%4.64%-4.40%20.18%-1.15%23.57%-15.24%26.84%

Correlation

The correlation between VGG.TO and PDIV.TO is 0.65, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

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

0.65

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

0.61

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

0.44

Correlation (10Y)
Calculated over the trailing 10-year period

0.28

Correlation (All Time)
Calculated using the full available price history since Aug 13, 2013

0.25

Over the past year, VGG.TO and PDIV.TO have become more correlated (0.65) than their long-term average of 0.25, meaning their price movements have been converging.

VGG.TO vs. PDIV.TO - Sectors Allocation Comparison

Sectors
VGG.TO
PDIV.TO

Technology

26.2%
12.6%

Financial Services

20.6%
31.6%

Healthcare

16.5%
6.5%

Industrials

11.8%
5.9%

Consumer Defensive

10.1%
3.9%

Consumer Cyclical

4.7%
7.8%

Energy

3.5%
18.2%

Basic Materials

3.5%
5.0%

Utilities

3.2%
4.5%

Communication Services

0.5%
4.0%

Real Estate

-

-

Technology

VGG.TO
26.2%
PDIV.TO
12.6%

Financial Services

VGG.TO
20.6%
PDIV.TO
31.6%

Healthcare

VGG.TO
16.5%
PDIV.TO
6.5%

Industrials

VGG.TO
11.8%
PDIV.TO
5.9%

Consumer Defensive

VGG.TO
10.1%
PDIV.TO
3.9%

Consumer Cyclical

VGG.TO
4.7%
PDIV.TO
7.8%

Energy

VGG.TO
3.5%
PDIV.TO
18.2%

Basic Materials

VGG.TO
3.5%
PDIV.TO
5.0%

Utilities

VGG.TO
3.2%
PDIV.TO
4.5%

Communication Services

VGG.TO
0.5%
PDIV.TO
4.0%

Real Estate

VGG.TO

-

PDIV.TO

-

Compare stocks, funds, or ETFs

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

Vanguard U.S. Dividend Appreciation Index ETF

Purpose Enhanced Dividend Fund ETF

Often compared with VGG.TO:
VGG.TO vs. VFV.TOVGG.TO vs. VIGVGG.TO vs. SCHDVGG.TO vs. VUN.TOVGG.TO vs. ZUQ.TOVGG.TO vs. DGROVGG.TO vs. ZNQ.TO
Often compared with PDIV.TO:
PDIV.TO vs. MNY.TOPDIV.TO vs. HDIV.TOPDIV.TO vs. VDY.TOPDIV.TO vs. BMAXPDIV.TO vs. HYLD.TOPDIV.TO vs. SPYIPDIV.TO vs. PDC.TO

Return for Risk

VGG.TO vs. PDIV.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
VGG.TO
VGG.TO Risk / Return Rank: 5959
Overall Rank
VGG.TO Sharpe Ratio Rank: 5959
Sharpe Ratio Rank
VGG.TO Sortino Ratio Rank: 6161
Sortino Ratio Rank
VGG.TO Omega Ratio Rank: 5858
Omega Ratio Rank
VGG.TO Calmar Ratio Rank: 5858
Calmar Ratio Rank
VGG.TO Martin Ratio Rank: 6060
Martin Ratio Rank
PDIV.TO
PDIV.TO Risk / Return Rank: 8282
Overall Rank
PDIV.TO Sharpe Ratio Rank: 8484
Sharpe Ratio Rank
PDIV.TO Sortino Ratio Rank: 8585
Sortino Ratio Rank
PDIV.TO Omega Ratio Rank: 8989
Omega Ratio Rank
PDIV.TO Calmar Ratio Rank: 7272
Calmar Ratio Rank
PDIV.TO Martin Ratio Rank: 8181
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.

VGG.TO vs. PDIV.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard U.S. Dividend Appreciation Index ETF (VGG.TO) and Purpose Enhanced Dividend Fund ETF (PDIV.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.

VGG.TOPDIV.TODifference
Sharpe ratioReturn per unit of total volatility
2.03
2.78

-0.75

Sortino ratioReturn per unit of downside risk
2.93
3.86

-0.93

Omega ratioGain probability vs. loss probability

1.36

1.56

-0.20

Calmar ratioReturn relative to maximum drawdown

2.94

3.62

-0.68

Martin ratioReturn relative to average drawdown

10.93

15.98

-5.05

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

VGG.TO vs. PDIV.TO - Sharpe Ratio Comparison

The current VGG.TO Sharpe Ratio is 2.03, which is comparable to the PDIV.TO Sharpe Ratio of 2.78. The chart below compares the historical Sharpe Ratios of VGG.TO and PDIV.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

VGG.TOPDIV.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.03

2.78

-0.75

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

1.05

0.82

+0.23

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.90

0.67

+0.23

Sharpe Ratio (All Time)

Calculated using the full available price history

0.98

0.62

+0.36

Drawdowns

VGG.TO vs. PDIV.TO - Drawdown Comparison

The maximum VGG.TO drawdown since its inception was -24.58%, smaller than the maximum PDIV.TO drawdown of -30.64%. Use the drawdown chart below to compare losses from any high point for VGG.TO and PDIV.TO.

Loading charts...

Drawdown Indicators

VGG.TOPDIV.TODifference

Max Drawdown

Largest peak-to-trough decline

-24.58%

-30.64%

+6.06%

Max Drawdown (1Y)

Largest decline over 1 year

-7.07%

-5.22%

-1.85%

Max Drawdown (3Y)

Largest decline over 3 years

-15.56%

-8.61%

-6.95%

Max Drawdown (5Y)

Largest decline over 5 years

-18.52%

-14.96%

-3.56%

Max Drawdown (10Y)

Largest decline over 10 years

-24.58%

-30.64%

+6.06%

Current Drawdown

Current decline from peak

0.00%

-1.27%

+1.27%

Average Drawdown

Average peak-to-trough decline

-2.93%

-4.35%

+1.42%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.89%

1.18%

+0.71%

Volatility

VGG.TO vs. PDIV.TO - Volatility Comparison

Vanguard U.S. Dividend Appreciation Index ETF (VGG.TO) has a higher volatility of 2.59% compared to Purpose Enhanced Dividend Fund ETF (PDIV.TO) at 2.43%. This indicates that VGG.TO's price experiences larger fluctuations and is considered to be riskier than PDIV.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

VGG.TOPDIV.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

2.59%

2.43%

+0.16%

Volatility (6M)

Calculated over the trailing 6-month period

7.86%

5.36%

+2.50%

Volatility (1Y)

Calculated over the trailing 1-year period

10.23%

6.79%

+3.44%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

12.63%

9.87%

+2.76%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

14.97%

13.89%

+1.08%

VGG.TO vs. PDIV.TO - Expense Ratio Comparison

VGG.TO has a 0.30% expense ratio, which is lower than PDIV.TO's 0.77% expense ratio.

Dividends

VGG.TO vs. PDIV.TO - Dividend Comparison

VGG.TO's dividend yield for the trailing twelve months is around 1.02%, less than PDIV.TO's 11.85% yield.

PositionTTM20252024202320222021202020192018201720162015
PDIV.TO
Purpose Enhanced Dividend Fund ETF		11.85%12.24%12.35%11.84%6.38%5.59%6.33%5.85%6.80%25.71%5.38%8.10%
VGG.TO
Vanguard U.S. Dividend Appreciation Index ETF		1.02%1.16%1.23%1.37%1.35%1.21%1.25%1.24%1.50%1.46%1.63%1.70%

Frequently Asked Questions

VGG.TO and PDIV.TO have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, VGG.TO is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.

VGG.TO is cheaper with a 0.30% expense ratio, compared with 0.77% for PDIV.TO.

They also come from different issuers: Vanguard and Purpose Investments. Their fees differ too: 0.30% for VGG.TO and 0.77% for PDIV.TO.

Portfolio Optimizer

Find the right allocation for VGG.TO and PDIV.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