VS
When evaluating costs, PAYF features a management fee (MER) of 0.75%, compared to 0.18% for XEQT. Performance-wise, PAYF has returned 6.91% year-to-date with -$2 M in net flows, whereas XEQT is at 15.04% with +$9 B. 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
XEQT
| AuM | $48.98 M | $23,374.39 M |
| Management Fees | 0.75% | 0.18% |
| Exp. ratio | 1.00% | 0.19% |
| 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% |
XEQT | -1.33% | +2.33% | +15.04% | +16.09% | +87.98% | |
| Flows | PAYF | +$1 M | -$9 M | -$2 M | +$10 M | +$40 M |
XEQT | +$862 M | +$2,840 M | +$9,112 M | +$10,226 M | +$16,881 M |
PAYF vs XEQT exposure
Countries
PAYF
Exposure data will be available soon
XEQT
Exposure data will be available soon
Sectors
PAYF
Exposure data will be available soon
XEQT
Exposure data will be available soon
As of October 19, 2026
Top 10 Holdings
PAYF
Exposure data will be available soon
XEQT
Exposure data will be available soon
Diversification
PAYF
Exposure data will be available soon
XEQT
Exposure data will be available soon
Characteristics
Compare
PAYF
XEQT
| Provider | Purpose Investments | iShares |
| Management | Actively managed | Actively managed |
| Benchmark | - | - |
| Replication Method | - | - |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 8.03% | 1.59% |
| Meets ESG criteria | No | No |
| Inception Date | May 22, 2019 | August 7, 2019 |
Frequently asked questions about PAYF and XEQT
Which ETF has performed better year to date: PAYF or XEQT?
As of October 19, 2026, PAYF has returned 6.91% year to date, while XEQT has returned 15.04%. XEQT is ahead on YTD performance.
Which ETF is larger by assets under management: PAYF or XEQT?
As of October 19, 2026, PAYF manages $48.98 M in assets, while XEQT manages $23.37 B. XEQT is the larger fund by AUM.
How are PAYF and XEQT managed?
PAYF is actively managed by Purpose Investments. It does not track an index. XEQT is actively managed by iShares. It does not track an index.
Which ETF is attracting more investor flows: PAYF or XEQT?
Year to date, PAYF has seen -$2.15 M in net flows, compared with +$9,112.37 M for XEQT. XEQT has attracted more net investor money so far.
How do the fees of PAYF and XEQT compare?
PAYF has an expense ratio of 1.00%, while XEQT has an expense ratio of 0.19%.
Recent articles about PAYF and XEQT
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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.