VS
Compare Purpose Core Dividend Fund ETF (PDF) vs BMO MSCI Canada Value Index ETF (ZVC) to find the best fit for your portfolio. PDF provides Finance, Energy, and Healthcare exposures, while ZVC is primarily weighted in Finance, Energy, and Non-Energy Materials. When evaluating costs, PDF features a management fee (MER) of 0.55%, compared to 0.35% for ZVC. Performance-wise, PDF has returned 20.88% year-to-date with -$35 M in net flows, whereas ZVC is at 20.6% with +$7 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
ZVC
| AuM | $252.41 M | $56.88 M |
| Management Fees | 0.55% | 0.35% |
| Exp. ratio | 0.66% | 0.40% |
| Tracking Difference | - | -0.56% |
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% |
ZVC | -0.13% | -0.50% | +20.60% | +28.67% | +90.54% | |
| Flows | PDF | +$0 M | +$1 M | -$35 M | +$7 M | +$12 M |
ZVC | +$0 M | +$5 M | +$7 M | +$9 M | +$15 M |
PDF vs ZVC exposure
Countries
PDF
Canada
69.80%
USA
23.91%
ZVC
Canada
99.69%
Sectors
PDF
Finance
35.93%
Energy
14.42%
Healthcare
8.70%
Technology
7.25%
Other
33.71%
ZVC
Finance
41.70%
Energy
17.69%
Non-Energy Materials
15.04%
Industrials
8.48%
Technology
7.75%
Other
9.34%
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%
ZVC
The Toronto-Dominion Bank
8.08%
The Bank of Nova Scotia
7.74%
Manulife Financial Corp.
6.17%
Bank of Montreal
6.11%
Suncor Energy, Inc.
6.05%
Barrick Mining Corp.
5.39%
CGI, Inc.
4.73%
Canadian Natural Resources Ltd.
4.56%
Canadian Pacific Kansas City Ltd.
4.31%
Canadian Imperial Bank of Commerce
3.77%
Diversification
PDF
Total weight of top 10 holdings out of 55 total
39.26%
ZVC
Total weight of top 10 holdings out of 48 total
56.91%
Characteristics
Compare
PDF
ZVC
| Provider | Purpose Investments | BMO |
| Management | Actively managed | Passively managed |
| Benchmark | - | MSCI Canada Enhanced Value Capped Index - CAD |
| Replication Method | - | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.79% | 1.91% |
| Meets ESG criteria | No | No |
| Inception Date | September 3, 2013 | October 4, 2017 |
Frequently asked questions about PDF and ZVC
Which ETF has performed better year to date: PDF or ZVC?
As of November 5, 2026, PDF has returned 20.88% year to date, while ZVC has returned 20.60%. PDF is ahead on YTD performance.
Which ETF is larger by assets under management: PDF or ZVC?
As of November 5, 2026, PDF manages $252.41 M in assets, while ZVC manages $56.88 M. PDF is the larger fund by AUM.
How are PDF and ZVC managed?
PDF is actively managed by Purpose Investments. It does not track an index. ZVC is passively managed by BMO. It tracks the MSCI Canada Enhanced Value Capped Index - CAD benchmark.
What sectors do PDF and ZVC emphasize?
PDF is most exposed to Finance, Energy, and Healthcare. ZVC is most exposed to Finance, Energy, and Non-Energy Materials.
Which ETF is attracting more investor flows: PDF or ZVC?
Year to date, PDF has seen -$35.18 M in net flows, compared with +$6.53 M for ZVC. ZVC has attracted more net investor money so far.
How do the fees of PDF and ZVC compare?
PDF has an expense ratio of 0.66%, while ZVC has an expense ratio of 0.40%.
What are the top holdings of PDF and ZVC?
PDF's largest holdings include The Bank of Nova Scotia, Royal Bank of Canada, and Canadian Imperial Bank of Commerce. ZVC's top holdings include The Toronto-Dominion Bank, The Bank of Nova Scotia, and Manulife Financial Corp..
Which ETF is more diversified: PDF or ZVC?
PDF holds 55 securities, while ZVC holds 48. On holdings count, PDF is the more diversified portfolio.
Recent articles about PDF and ZVC
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