VS
When evaluating costs, PAYF features a management fee (MER) of 0.75%, compared to 0.65% for DXQ. Performance-wise, PAYF has returned 6.91% year-to-date with -$2 M in net flows, whereas DXQ is at 3.01% with +$347 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
PAYF
DXQ
| AuM | $48.98 M | $900.97 M |
| Management Fees | 0.75% | 0.65% |
| Exp. ratio | 1.00% | 0.71% |
| Tracking Difference | - | - |
Historical performance and flows
As of October 19, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | PAYF | -0.26% | +3.25% | +6.91% | +6.16% | +37.50% |
DXQ | -1.57% | +0.30% | +3.01% | +1.24% | +26.89% | |
| Flows | PAYF | +$1 M | -$9 M | -$2 M | +$10 M | +$40 M |
DXQ | +$57 M | +$160 M | +$347 M | +$415 M | +$614 M |
PAYF vs DXQ exposure
Countries
PAYF
Exposure data will be available soon
DXQ
Exposure data will be available soon
Sectors
PAYF
Exposure data will be available soon
DXQ
Exposure data will be available soon
As of October 19, 2026
Top 10 Holdings
PAYF
Exposure data will be available soon
DXQ
Exposure data will be available soon
Diversification
PAYF
Exposure data will be available soon
DXQ
Exposure data will be available soon
Characteristics
Compare
PAYF
DXQ
| Provider | Purpose Investments | Dynamic Funds |
| Management | Actively managed | Actively managed |
| Benchmark | - | - |
| Replication Method | - | - |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 8.03% | 0.00% |
| Meets ESG criteria | No | No |
| Inception Date | May 22, 2019 | September 20, 2022 |
Frequently asked questions about PAYF and DXQ
Which ETF has performed better year to date: PAYF or DXQ?
As of October 19, 2026, PAYF has returned 6.91% year to date, while DXQ has returned 3.01%. PAYF is ahead on YTD performance.
Which ETF is larger by assets under management: PAYF or DXQ?
As of October 19, 2026, PAYF manages $48.98 M in assets, while DXQ manages $900.97 M. DXQ is the larger fund by AUM.
How are PAYF and DXQ managed?
PAYF is actively managed by Purpose Investments. It does not track an index. DXQ is actively managed by Dynamic Funds. It does not track an index.
Which ETF is attracting more investor flows: PAYF or DXQ?
Year to date, PAYF has seen -$2.15 M in net flows, compared with +$347.34 M for DXQ. DXQ has attracted more net investor money so far.
How do the fees of PAYF and DXQ compare?
PAYF has an expense ratio of 1.00%, while DXQ has an expense ratio of 0.71%.
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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.