VS
Purpose Enhanced Dividend Fund ETF (PDIV) and Harvest Low Volatility Canadian Equity ETF (HVOL) 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 HVOL leans towards Financials, Energy, and Utilities. When evaluating costs, PDIV features a management fee (MER) of 0.65%, compared to 0.35% for HVOL. Performance-wise, PDIV has returned 8.05% year-to-date with +$12 M in net flows, whereas HVOL is at 10.6% with -$0 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
HVOL
| AuM | $94.09 M | $5.04 M |
| Management Fees | 0.65% | 0.35% |
| Exp. ratio | 0.77% | 0.35% |
| 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% |
HVOL | +4.15% | +7.23% | +10.60% | +20.53% | - | |
| Flows | PDIV | +$2 M | +$4 M | +$12 M | +$32 M | +$72 M |
HVOL | +$0 M | -$0 M | -$0 M | +$2 M | - |
PDIV vs HVOL exposure
Countries
PDIV
Canada
58.15%
USA
24.48%
Other
16.58%
HVOL
Canada
93.10%
Sectors
PDIV
Financials
26.33%
Other
16.85%
Energy
14.68%
Information Technology
10.20%
Other
31.94%
HVOL
Financials
36.90%
Energy
13.00%
Other
10.00%
Industrials
8.00%
Utilities
8.00%
Materials
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%
HVOL
TORONTO DOMINION
4.10%
CANADIAN PACIFIC RAILWAY
4.00%
BNS
4.00%
NATIONAL BANK OF CANADA
4.00%
CDN IMPERIAL BK
3.90%
ROYAL BK CANADA
3.90%
BANK OF MONTREAL
3.90%
FORTIS
3.50%
TC ENERGY CORP
3.30%
ENBRIDGE
3.30%
Diversification
PDIV
Total weight of top 10 holdings out of 61 total
31.94%
HVOL
Total weight of top 10 holdings out of 37 total
37.90%
Characteristics
Compare
PDIV
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 | 10.78% | 1.74% |
| Meets ESG criteria | No | No |
| Inception Date | January 2, 2018 | April 15, 2025 |
Frequently asked questions about PDIV and HVOL
Which ETF has performed better year to date: PDIV or HVOL?
As of June 12, 2026, PDIV has returned 8.05% year to date, while HVOL has returned 10.60%. HVOL is ahead on YTD performance.
Which ETF is larger by assets under management: PDIV or HVOL?
As of June 12, 2026, PDIV manages $94.09 M in assets, while HVOL manages $5.04 M. PDIV is the larger fund by AUM.
How are PDIV and HVOL managed?
PDIV 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 PDIV and HVOL emphasize?
PDIV is most exposed to Financials, Energy, and Information Technology. HVOL is most exposed to Financials, Energy, and Utilities.
Which ETF is attracting more investor flows: PDIV or HVOL?
Year to date, PDIV has seen +$12.15 M in net flows, compared with -$0.40 M for HVOL. PDIV has attracted more net investor money so far.
How do the fees of PDIV and HVOL compare?
PDIV has an expense ratio of 0.77%, while HVOL has an expense ratio of 0.35%.
What are the top holdings of PDIV and HVOL?
PDIV's largest holdings include TORONTO DOMINION, CDN IMPERIAL BK, and ROYAL BK CANADA. HVOL's top holdings include TORONTO DOMINION, CANADIAN PACIFIC RAILWAY, and BNS.
Which ETF is more diversified: PDIV or HVOL?
PDIV holds 61 securities, while HVOL 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.