VS
Compare Purpose Global Flexible Credit Fund (FLX) vs Purpose Global Flexible Credit Fund (FLX.U) to find the best fit for your portfolio. FLX and FLX.U provide the same top sector exposures: Industrials, Energy, and Finance. When evaluating costs, FLX features a management fee (MER) of 0.85%, compared to 1.01% for FLX.U. Performance-wise, FLX has returned 0.25% year-to-date with -$1 M in net flows, whereas FLX.U is at 1.37% with -$1 M. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.
NAV Performance and Flows
Key Data
Compare
FLX
FLX.U
| AuM | $16.74 M | $5.98 M |
| Management Fees | 0.85% | 1.01% |
| Exp. ratio | 1.29% | 1.36% |
| Tracking Difference | - | - |
Historical performance and flows
As of September 3, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | FLX | -0.98% | -0.69% | +0.25% | +1.56% | +24.08% |
FLX.U | -0.83% | -0.26% | +1.37% | +3.25% | +11.84% | |
| Flows | FLX | -$1 M | -$1 M | -$1 M | -$1 M | -$10 M |
FLX.U | -$0 M | -$1 M | -$1 M | -$1 M | -$2 M |
FLX vs FLX.U exposure
Countries
FLX
USA
43.53%
Other
30.04%
Other
26.43%
FLX.U
USA
43.53%
Other
30.04%
Other
26.43%
Sectors
FLX
Other
30.04%
Industrials
11.07%
Energy
8.88%
Finance
8.45%
Utilities
7.35%
Other
34.21%
FLX.U
Other
30.04%
Industrials
11.07%
Energy
8.88%
Finance
8.45%
Utilities
7.35%
Other
34.21%
As of September 3, 2026
Top 10 Holdings
FLX
Pacific Gas & Electric, 6.75% 15jan2053, USD
2.24%
USG67837AQ00
2.22%
USG6782BAC30
2.19%
Angola, 9.375% 8may2048, USD
1.38%
Oracle, 5.55% 6feb2053, USD
1.33%
JSW Steel, 5.05% 5apr2032, USD
1.29%
Electricite de France (EDF), 5.875% perp., GBP (25)
1.18%
Elia, 5.85% perp., EUR
1.05%
Diamondback Energy, 3.5% 1dec2029, USD
1.02%
Galaxy Helios Data Center II, 9.875% 1aug2031, USD
0.93%
FLX.U
Pacific Gas & Electric, 6.75% 15jan2053, USD
2.24%
USG67837AQ00
2.22%
USG6782BAC30
2.19%
Angola, 9.375% 8may2048, USD
1.38%
Oracle, 5.55% 6feb2053, USD
1.33%
JSW Steel, 5.05% 5apr2032, USD
1.29%
Electricite de France (EDF), 5.875% perp., GBP (25)
1.18%
Elia, 5.85% perp., EUR
1.05%
Diamondback Energy, 3.5% 1dec2029, USD
1.02%
Galaxy Helios Data Center II, 9.875% 1aug2031, USD
0.93%
Diversification
FLX
Total weight of top 10 holdings out of 311 total
14.83%
FLX.U
Total weight of top 10 holdings out of 311 total
14.83%
Characteristics
Compare
FLX
FLX.U
| Provider | Purpose Investments | Purpose Investments |
| Management | Actively managed | Actively managed |
| Benchmark | - | - |
| Replication Method | ||
| Asset Class | Fixed Income | Fixed Income |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 7.51% | 7.28% |
| Meets ESG criteria | No | No |
| Inception Date | June 17, 2011 | June 17, 2011 |
Frequently asked questions about FLX and FLX.U
Which ETF has performed better year to date: FLX or FLX.U?
As of September 3, 2026, FLX has returned 0.25% year to date, while FLX.U has returned 1.37%. FLX.U is ahead on YTD performance.
Which ETF is larger by assets under management: FLX or FLX.U?
As of September 3, 2026, FLX manages $16.74 M in assets, while FLX.U manages $5.98 M. FLX is the larger fund by AUM.
How are FLX and FLX.U managed?
FLX is actively managed by Purpose Investments. It does not track an index. FLX.U is actively managed by Purpose Investments. It does not track an index.
What sectors do FLX and FLX.U emphasize?
FLX is most exposed to Industrials, Energy, and Finance. FLX.U is most exposed to Industrials, Energy, and Finance.
Which ETF is attracting more investor flows: FLX or FLX.U?
Year to date, FLX has seen -$0.86 M in net flows, compared with -$1.19 M for FLX.U. FLX has attracted more net investor money so far.
How do the fees of FLX and FLX.U compare?
FLX has an expense ratio of 1.29%, while FLX.U has an expense ratio of 1.36%.
What are the top holdings of FLX and FLX.U?
FLX's largest holdings include Pacific Gas & Electric, 6.75% 15jan2053, USD and Angola, 9.375% 8may2048, USD. FLX.U's top holdings include Pacific Gas & Electric, 6.75% 15jan2053, USD and Angola, 9.375% 8may2048, USD.
Which ETF is more diversified: FLX or FLX.U?
FLX holds 280 securities, while FLX.U holds 280. On holdings count, FLX is the more diversified portfolio.
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All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.