Purpose Enhanced Dividend Fund (PDIV.TO)
About this ETF
This fund aims to deliver long-term capital growth and consistent monthly income to its investors. It achieves this by investing in a carefully curated portfolio of high-quality, dividend-paying stocks listed on North American exchanges. The investment process follows a systematic, rules-based approach, designed to identify companies with compelling dividend yields and strong prospects for future business expansion and dividend increases. Rigorous quality and financial risk assessments are integral to this strategy, helping to mitigate potential downsides. The fund maintains broad diversification across industries, ensuring no single sector accounts for more than 20% of its net asset value. To further enhance its objectives, the fund may utilize derivatives and can engage in short selling or securities lending for additional revenue generation.…
Price
Top 10 holdings
This fund does not disclose a securities portfolio (e.g. physically-backed or synthetic products).
Sector mix
Price chart
Returns
| 1 month | +1.35% |
| 3 months | +3.49% |
| 6 months | +2.52% |
| Year to date | +3.60% |
| 1 year | +5.96% |
| 3 years (ann.) | -0.10% |
| 5 years (ann.) | -2.11% |
| 10 years (ann.) | -0.90% |
Risk profile
| Volatility (1y, ann.) | 7.82% |
| Sharpe (1y) | 0.78 |
| Sharpe (3y) | 0.03 |
| Sortino (1y) | 0.96 |
| Max drawdown (1y) | -5.88% |
| Max drawdown (5y) | -28.47% |
| Max drawdown (full) | -43.64% |
| Beta vs S&P 500 (1y) | 0.38 |
| Correlation vs S&P 500 (1y) | 0.63 |
Technical outlook as of 2026-07-13
The Monte Carlo cone is drawn on the price chart above (Forecast overlay); RSI, MACD and the rest of the oscillators live in its indicator panels.
This fund does not disclose a securities portfolio (e.g. physically-backed commodity products or some synthetic structures).
Sector breakdown
Geographic exposure
Cost vs. peers
Comparison universe: 6,948 funds of the same asset class.
Cost impact calculator
Dividend history
Distributing share class Income is paid out to shareholders.
| Ex-date | Payment | Amount |
|---|---|---|
| 2026-06-26 | 2026-07-03 | CAD 0.0950 |
| 2026-05-27 | 2026-06-02 | CAD 0.0950 |
| 2026-04-28 | 2026-05-04 | CAD 0.0950 |
| 2026-03-27 | 2026-04-02 | CAD 0.0950 |
| 2026-02-25 | 2026-03-03 | CAD 0.0950 |
| 2026-01-28 | 2026-02-03 | CAD 0.0950 |
| 2025-12-29 | 2026-01-05 | CAD 0.0950 |
| 2025-11-26 | 2025-12-02 | CAD 0.0950 |
| 2025-10-29 | 2025-11-04 | CAD 0.0950 |
| 2025-09-25 | 2025-10-02 | CAD 0.0950 |
| 2025-08-27 | 2025-09-03 | CAD 0.0950 |
| 2025-07-29 | 2025-08-05 | CAD 0.0950 |
| 2025-06-26 | 2025-07-03 | CAD 0.0950 |
| 2025-05-28 | 2025-06-03 | CAD 0.0950 |
| 2025-04-28 | 2025-05-02 | CAD 0.0950 |
| 2025-03-27 | 2025-04-02 | CAD 0.0950 |
| 2025-02-26 | 2025-03-04 | CAD 0.0950 |
| 2025-01-30 | 2025-02-05 | CAD 0.0150 |
| 2024-12-27 | 2025-01-06 | CAD 0.0950 |
| 2024-11-27 | 2024-12-03 | CAD 0.0950 |
| 2024-10-29 | 2024-11-04 | CAD 0.0950 |
| 2024-09-26 | 2024-10-02 | CAD 0.0950 |
| 2024-08-28 | 2024-09-04 | CAD 0.0950 |
| 2024-07-29 | 2024-08-02 | CAD 0.0950 |
| 2024-06-26 | 2024-07-03 | CAD 0.0950 |
| 2024-05-29 | 2024-06-04 | CAD 0.0950 |
| 2024-04-25 | 2024-05-07 | CAD 0.0950 |
| 2024-03-25 | 2024-04-05 | CAD 0.0950 |
| 2024-02-26 | 2024-03-07 | CAD 0.0950 |
| 2024-01-26 | 2024-02-07 | CAD 0.0950 |
| 2023-12-22 | 2024-01-08 | CAD 0.0950 |
| 2023-11-27 | 2023-12-07 | CAD 0.0950 |
| 2023-10-26 | 2023-11-07 | CAD 0.0950 |
| 2023-09-26 | 2023-10-10 | CAD 0.0950 |
| 2023-08-28 | 2023-09-08 | CAD 0.0950 |
| 2023-07-26 | 2023-08-08 | CAD 0.0950 |
| 2023-06-27 | 2023-07-10 | CAD 0.0950 |
| 2023-05-26 | 2023-06-07 | CAD 0.0950 |
| 2023-04-25 | 2023-05-05 | CAD 0.0950 |
| 2023-03-28 | 2023-04-10 | CAD 0.0950 |
ESG profile
No ESG estimate available: none of the scored universe overlaps this portfolio (typical for bond, commodity or synthetic funds).
Similar ETFs
| Fund | TER | AUM (USD) | Yield (TTM) | Return 1y | Sharpe 1y |
|---|---|---|---|---|---|
| Vanguard Total Stock Market ETF VTI | 0.03% | 2.30T | 1.05% | +19.93% | 1.48 |
| Vanguard S&P 500 ETF VOO | 0.03% | 1.70T | 1.07% | +19.68% | 1.49 |
| iShares Core S&P 500 ETF IVV | 0.03% | 894.38B | 1.09% | +19.68% | 1.49 |
| State Street SPDR S&P 500 ETF SPY | 0.09% | 789.23B | 1.00% | +19.71% | 1.49 |
| SPDR S&P 500 ETF Trust 1557.T | 0.09% | 789.09B | 0.49% | +37.54% | 2.26 |
| State Street SPDR S&P 500 ETF SPY.AX | 0.09% | 788.13B | 1.00% | +11.84% | 1.13 |
| Vanguard Total International Stock ETF VXUS | 0.05% | 652.30B | 2.61% | +20.58% | 1.21 |
| Invesco QQQ Trust, Series 1 QQQ | 0.18% | 481.14B | 0.43% | +28.14% | 1.43 |
| Vanguard Growth ETF VUG | 0.03% | 393.80B | 0.39% | +16.85% | 0.99 |
| Vanguard FTSE Developed Markets ETF VEA | 0.03% | 317.30B | 2.60% | +21.64% | 1.23 |
Cheaper alternatives
No fund of the class reaches 60% portfolio overlap — showing the cheapest funds of the class instead.
| Fund | TER | AUM (USD) | Overlap |
|---|---|---|---|
| State Street SPDR Portfolio S&P 500 ETF SPYM | 0.02% | 159.32B | 0.0% |
| Vanguard Mid-Cap ETF VO | 0.03% | 218.80B | 0.0% |
| Vanguard S&P 500 ETF VOO | 0.03% | 1.70T | 0.0% |
| Vanguard Total Stock Market ETF VTI | 0.03% | 2.30T | 0.0% |
| iShares Core S&P 500 ETF IVV | 0.03% | 894.38B | 0.0% |

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