VS
When evaluating costs, MUSD.U features a management fee (MER) of 0.2%, compared to 0.15% for PSA. Performance-wise, MUSD.U has returned 3.23% year-to-date with -$7 M in net flows, whereas PSA is at 1.9% with +$92 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
MUSD.U
PSA
| AuM | $14.28 M | $3,298.36 M |
| Management Fees | 0.20% | 0.15% |
| Exp. ratio | 0.22% | 0.17% |
| Tracking Difference | - | - |
Historical performance and flows
As of November 11, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | MUSD.U | +0.31% | +0.95% | +3.23% | +3.79% | +14.39% |
PSA | +0.18% | +0.56% | +1.90% | +2.20% | +10.10% | |
| Flows | MUSD.U | -$7 M | -$14 M | -$7 M | -$7 M | +$7 M |
PSA | -$46 M | +$122 M | +$92 M | -$13 M | -$761 M |
MUSD.U vs PSA exposure
Countries
MUSD.U
Exposure data will be available soon
PSA
Exposure data will be available soon
Sectors
MUSD.U
Exposure data will be available soon
PSA
Exposure data will be available soon
As of November 11, 2026
Top 10 Holdings
MUSD.U
Exposure data will be available soon
PSA
Exposure data will be available soon
Diversification
MUSD.U
Exposure data will be available soon
PSA
Exposure data will be available soon
Characteristics
Compare
MUSD.U
PSA
| Provider | Evolve ETFs | Purpose Investments |
| Management | Actively managed | Actively managed |
| Benchmark | - | - |
| Replication Method | - | - |
| Asset Class | Fixed Income | Fixed Income |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 3.72% | 2.16% |
| Meets ESG criteria | No | No |
| Inception Date | May 26, 2023 | October 10, 2013 |
Frequently asked questions about MUSD.U and PSA
Which ETF has performed better year to date: MUSD.U or PSA?
As of November 11, 2026, MUSD.U has returned 3.23% year to date, while PSA has returned 1.90%. MUSD.U is ahead on YTD performance.
Which ETF is larger by assets under management: MUSD.U or PSA?
As of November 11, 2026, MUSD.U manages $14.28 M in assets, while PSA manages $3.30 B. PSA is the larger fund by AUM.
How are MUSD.U and PSA managed?
MUSD.U is actively managed by Evolve ETFs. It does not track an index. PSA is actively managed by Purpose Investments. It does not track an index.
Which ETF is attracting more investor flows: MUSD.U or PSA?
Year to date, MUSD.U has seen -$6.97 M in net flows, compared with +$92.18 M for PSA. PSA has attracted more net investor money so far.
How do the fees of MUSD.U and PSA compare?
MUSD.U has an expense ratio of 0.22%, while PSA has an expense ratio of 0.17%.
Recent articles about MUSD.U and PSA
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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.




