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Compare Purpose Core Dividend Fund ETF (PDF) vs Harvest Low Volatility Canadian Equity ETF (HVOL) to find the best fit for your portfolio. PDF provides Finance, Energy, and Healthcare exposures, while HVOL is primarily weighted in Finance, Energy, and Industrials. When evaluating costs, PDF features a management fee (MER) of 0.55%, compared to 0.35% for HVOL. Performance-wise, PDF has returned 19.79% year-to-date with -$36 M in net flows, whereas HVOL is at 11.47% with +$2 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
PDF
HVOL
| AuM | $250.16 M | $6.99 M |
| Management Fees | 0.55% | 0.35% |
| Exp. ratio | 0.66% | 0.35% |
| Tracking Difference | - | - |
Historical performance and flows
As of September 18, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | PDF | -1.01% | +3.11% | +19.79% | +27.11% | +68.82% |
HVOL | -1.75% | +0.84% | +11.47% | +16.38% | - | |
| Flows | PDF | -$0 M | +$1 M | -$36 M | +$9 M | +$8 M |
HVOL | +$1 M | +$1 M | +$2 M | +$2 M | - |
PDF vs HVOL exposure
Countries
PDF
Canada
70.83%
USA
21.43%
Other
7.75%
HVOL
Canada
95.75%
Sectors
PDF
Finance
36.43%
Energy
13.65%
Other
7.75%
Healthcare
7.52%
Other
34.65%
HVOL
Finance
39.98%
Energy
13.22%
Industrials
9.61%
Utilities
7.55%
Consumer Non-Cyclicals
7.35%
Other
22.30%
As of September 18, 2026
Top 10 Holdings
PDF
The Bank of Nova Scotia
5.46%
Royal Bank of Canada
5.29%
Canadian Imperial Bank of Commerce
4.91%
Manulife Financial Corp.
4.52%
Enbridge, Inc.
3.62%
Power Corp of Canada
3.61%
TC Energy Corp.
3.44%
Bank of Montreal
3.02%
Great-West Lifeco, Inc.
2.83%
Pembina Pipeline Corp.
2.83%
HVOL
Royal Bank of Canada
4.63%
The Toronto-Dominion Bank
4.50%
The Bank of Nova Scotia
4.45%
Canadian Imperial Bank of Commerce
4.19%
National Bank of Canada
4.18%
Bank of Montreal
4.14%
Canadian Pacific Kansas City Ltd.
3.88%
Sun Life Financial, Inc.
3.78%
Canadian National Railway Co.
3.68%
Fortis, Inc.
3.46%
Diversification
PDF
Total weight of top 10 holdings out of 52 total
39.53%
HVOL
Total weight of top 10 holdings out of 40 total
40.90%
Characteristics
Compare
PDF
HVOL
| Provider | Purpose Investments | Harvest Portfolios Group |
| Management | Actively managed | Actively managed |
| Benchmark | - | - |
| Replication Method | ||
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.57% | 1.74% |
| Meets ESG criteria | No | No |
| Inception Date | September 3, 2013 | April 15, 2025 |
Frequently asked questions about PDF and HVOL
Which ETF has performed better year to date: PDF or HVOL?
As of September 18, 2026, PDF has returned 19.79% year to date, while HVOL has returned 11.47%. PDF is ahead on YTD performance.
Which ETF is larger by assets under management: PDF or HVOL?
As of September 18, 2026, PDF manages $250.16 M in assets, while HVOL manages $6.99 M. PDF is the larger fund by AUM.
How are PDF and HVOL managed?
PDF is actively managed by Purpose Investments. It does not track an index. HVOL is actively managed by Harvest Portfolios Group. It does not track an index.
What sectors do PDF and HVOL emphasize?
PDF is most exposed to Finance, Energy, and Healthcare. HVOL is most exposed to Finance, Energy, and Industrials.
Which ETF is attracting more investor flows: PDF or HVOL?
Year to date, PDF has seen -$36.31 M in net flows, compared with +$1.54 M for HVOL. HVOL has attracted more net investor money so far.
How do the fees of PDF and HVOL compare?
PDF has an expense ratio of 0.66%, while HVOL has an expense ratio of 0.35%.
What are the top holdings of PDF and HVOL?
PDF's largest holdings include The Bank of Nova Scotia, Royal Bank of Canada, and Canadian Imperial Bank of Commerce. HVOL's top holdings include Royal Bank of Canada, The Toronto-Dominion Bank, and The Bank of Nova Scotia.
Which ETF is more diversified: PDF or HVOL?
PDF holds 52 securities, while HVOL holds 40. On holdings count, PDF 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.