VS
Purpose Enhanced Dividend Fund ETF (PDIV) and Harvest Low Volatility Canadian Equity Income ETF (HVOI) offer distinct profiles for Canadian ETF investors. A direct comparison shows that PDIV focuses its top 3 sector exposures on Financials, Energy, and Information Technology, while HVOI leans towards Financials, Energy, and Materials. When evaluating costs, PDIV features a management fee (MER) of 0.65%, compared to 0.65% for HVOI. Performance-wise, PDIV has returned 8.05% year-to-date with +$12 M in net flows, whereas HVOI is at 8.26% with +$25 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
PDIV
HVOI
| AuM | $94.09 M | $79.78 M |
| Management Fees | 0.65% | 0.65% |
| Exp. ratio | 0.77% | 0.65% |
| Tracking Difference | - | - |
Historical performance and flows
As of June 12, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | PDIV | +2.46% | +6.46% | +8.05% | +18.00% | +39.80% |
HVOI | +3.49% | +5.65% | +8.26% | +17.25% | - | |
| Flows | PDIV | +$2 M | +$4 M | +$12 M | +$32 M | +$72 M |
HVOI | +$2 M | +$20 M | +$25 M | +$54 M | - |
PDIV vs HVOI exposure
Countries
PDIV
Canada
58.15%
USA
24.48%
Other
16.58%
HVOI
Canada
92.70%
Other
7.30%
Sectors
PDIV
Financials
26.33%
Other
16.85%
Energy
14.68%
Information Technology
10.20%
Other
31.94%
HVOI
Financials
37.20%
Energy
12.80%
Other
10.30%
Industrials
7.80%
Materials
7.80%
Utilities
7.80%
Other
16.30%
As of June 12, 2026
Top 10 Holdings
PDIV
TORONTO DOMINION
4.58%
CDN IMPERIAL BK
3.68%
ROYAL BK CANADA
3.51%
ENBRIDGE
3.51%
MICROSOFT-T
3.51%
BNS
2.77%
MANULIFE-S
2.75%
TC ENERGY CORP
2.66%
NVIDIA
2.61%
AGNICO EAGLE MINES LTD
2.36%
HVOI
NATIONAL BANK OF CANADA
4.10%
ROYAL BK CANADA
4.00%
BANK OF MONTREAL
4.00%
CANADIAN PACIFIC RAILWAY
4.00%
TORONTO DOMINION
4.00%
CDN IMPERIAL BK
4.00%
BNS
3.90%
FORTIS
3.50%
SUN LIFE FINL
3.30%
TC ENERGY CORP
3.30%
Diversification
PDIV
Total weight of top 10 holdings out of 61 total
31.94%
HVOI
Total weight of top 10 holdings out of 37 total
38.10%
Characteristics
Compare
PDIV
HVOI
| 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 | 10.78% | 6.80% |
| Meets ESG criteria | No | No |
| Inception Date | January 2, 2018 | April 15, 2025 |
Frequently asked questions about PDIV and HVOI
Which ETF has performed better year to date: PDIV or HVOI?
As of June 12, 2026, PDIV has returned 8.05% year to date, while HVOI has returned 8.26%. HVOI is ahead on YTD performance.
Which ETF is larger by assets under management: PDIV or HVOI?
As of June 12, 2026, PDIV manages $94.09 M in assets, while HVOI manages $79.78 M. PDIV is the larger fund by AUM.
How are PDIV and HVOI managed?
PDIV is actively managed by Purpose Investments. It does not track an index. HVOI is actively managed by Harvest Portfolios Group. It does not track an index.
What sectors do PDIV and HVOI emphasize?
PDIV is most exposed to Financials, Energy, and Information Technology. HVOI is most exposed to Financials, Energy, and Materials.
Which ETF is attracting more investor flows: PDIV or HVOI?
Year to date, PDIV has seen +$12.15 M in net flows, compared with +$25.31 M for HVOI. HVOI has attracted more net investor money so far.
How do the fees of PDIV and HVOI compare?
PDIV has an expense ratio of 0.77%, while HVOI has an expense ratio of 0.65%.
What are the top holdings of PDIV and HVOI?
PDIV's largest holdings include TORONTO DOMINION, CDN IMPERIAL BK, and ROYAL BK CANADA. HVOI's top holdings include NATIONAL BANK OF CANADA, ROYAL BK CANADA, and BANK OF MONTREAL.
Which ETF is more diversified: PDIV or HVOI?
PDIV holds 61 securities, while HVOI holds 37. On holdings count, PDIV 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.