VS
Compare Purpose Core Dividend Fund ETF (PDF) vs iShares Edge MSCI Min Vol Canada Index ETF (XMV) to find the best fit for your portfolio. PDF provides Finance, Energy, and Healthcare exposures, while XMV is primarily weighted in Finance, Energy, and Consumer Non-Cyclicals. When evaluating costs, PDF features a management fee (MER) of 0.55%, compared to 0.3% for XMV. Performance-wise, PDF has returned 20.88% year-to-date with -$35 M in net flows, whereas XMV is at 15.87% with -$28 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
XMV
| AuM | $252.41 M | $393.51 M |
| Management Fees | 0.55% | 0.30% |
| Exp. ratio | 0.66% | 0.34% |
| Tracking Difference | - | -0.45% |
Historical performance and flows
As of November 5, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | PDF | +2.88% | +0.16% | +20.88% | +25.43% | +75.56% |
XMV | +5.25% | +2.10% | +15.87% | +21.68% | +78.56% | |
| Flows | PDF | +$0 M | +$1 M | -$35 M | +$7 M | +$12 M |
XMV | +$0 M | -$9 M | -$28 M | -$28 M | +$74 M |
PDF vs XMV exposure
Countries
PDF
Canada
69.80%
USA
23.91%
XMV
Canada
94.97%
Sectors
PDF
Finance
35.93%
Energy
14.42%
Healthcare
8.70%
Technology
7.25%
Other
33.71%
XMV
Finance
36.46%
Energy
15.99%
Consumer Non-Cyclicals
9.46%
Non-Energy Materials
8.93%
Industrials
7.67%
Other
21.49%
As of November 5, 2026
Top 10 Holdings
PDF
The Bank of Nova Scotia
5.60%
Royal Bank of Canada
5.05%
Canadian Imperial Bank of Commerce
4.79%
Manulife Financial Corp.
4.52%
Enbridge, Inc.
3.77%
Power Corp of Canada
3.47%
TC Energy Corp.
3.09%
Whitecap Resources, Inc.
3.06%
Bank of Montreal
2.97%
AbbVie, Inc.
2.93%
XMV
The Bank of Nova Scotia
3.32%
The Toronto-Dominion Bank
3.18%
Bank of Montreal
3.05%
Royal Bank of Canada
3.03%
Fortis, Inc.
3.00%
Canadian Imperial Bank of Commerce
2.99%
Great-West Lifeco, Inc.
2.98%
Canadian National Railway Co.
2.98%
Suncor Energy, Inc.
2.97%
Enbridge, Inc.
2.96%
Diversification
PDF
Total weight of top 10 holdings out of 55 total
39.26%
XMV
Total weight of top 10 holdings out of 69 total
30.45%
Characteristics
Compare
PDF
XMV
| Provider | Purpose Investments | iShares |
| Management | Actively managed | Passively managed |
| Benchmark | - | MSCI Canada Minimum Volatility Total Return Index - CAD |
| Replication Method | - | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.79% | 2.03% |
| Meets ESG criteria | No | No |
| Inception Date | September 3, 2013 | July 24, 2012 |
Frequently asked questions about PDF and XMV
Which ETF has performed better year to date: PDF or XMV?
As of November 5, 2026, PDF has returned 20.88% year to date, while XMV has returned 15.87%. PDF is ahead on YTD performance.
Which ETF is larger by assets under management: PDF or XMV?
As of November 5, 2026, PDF manages $252.41 M in assets, while XMV manages $393.51 M. XMV is the larger fund by AUM.
How are PDF and XMV managed?
PDF is actively managed by Purpose Investments. It does not track an index. XMV is passively managed by iShares. It tracks the MSCI Canada Minimum Volatility Total Return Index - CAD benchmark.
What sectors do PDF and XMV emphasize?
PDF is most exposed to Finance, Energy, and Healthcare. XMV is most exposed to Finance, Energy, and Consumer Non-Cyclicals.
Which ETF is attracting more investor flows: PDF or XMV?
Year to date, PDF has seen -$35.18 M in net flows, compared with -$28.14 M for XMV. XMV has attracted more net investor money so far.
How do the fees of PDF and XMV compare?
PDF has an expense ratio of 0.66%, while XMV has an expense ratio of 0.34%.
What are the top holdings of PDF and XMV?
PDF's largest holdings include The Bank of Nova Scotia, Royal Bank of Canada, and Canadian Imperial Bank of Commerce. XMV's top holdings include The Bank of Nova Scotia, The Toronto-Dominion Bank, and Bank of Montreal.
Which ETF is more diversified: PDF or XMV?
PDF holds 55 securities, while XMV holds 69. On holdings count, XMV is the more diversified portfolio.
The ETF Market Canada is brought to you by Cboe in partnership with Trackinsight SA who is providing all the data, analysis and editorial content on this site. Unless explicitly stated as such, any information that you receive is not real-time.
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.
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.