VS
Purpose Enhanced Dividend Fund ETF (PDIV) and Purpose Core Equity Income Fund (RDE) 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 RDE leans towards Financials, Energy, and Industrials. When evaluating costs, PDIV features a management fee (MER) of 0.65%, compared to 0.75% for RDE. Performance-wise, PDIV has returned 8.44% year-to-date with +$12 M in net flows, whereas RDE is at 18% with -$33 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
RDE
| AuM | $94.37 M | $97.89 M |
| Management Fees | 0.65% | 0.75% |
| Exp. ratio | 0.77% | 0.82% |
| Tracking Difference | - | - |
Historical performance and flows
As of June 15, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | PDIV | +2.88% | +6.23% | +8.44% | +18.72% | +39.67% |
RDE | +3.46% | +11.30% | +18.00% | +36.00% | +73.72% | |
| Flows | PDIV | +$2 M | +$4 M | +$12 M | +$32 M | +$71 M |
RDE | +$3 M | +$8 M | -$33 M | +$29 M | +$66 M |
PDIV vs RDE exposure
Countries
PDIV
Canada
58.15%
USA
24.48%
Other
16.58%
RDE
Canada
66.17%
USA
17.70%
Other
16.13%
Sectors
PDIV
Financials
26.33%
Other
16.85%
Energy
14.68%
Information Technology
10.20%
Other
31.94%
RDE
Financials
28.14%
Energy
14.46%
Industrials
9.52%
Consumer Staples
8.43%
Health Care
8.07%
Other
31.38%
As of June 15, 2026
Top 10 Holdings
PDIV
TORONTO DOMINION
4.58%
CDN IMPERIAL BK
3.68%
ROYAL BK CANADA
3.51%
MICROSOFT-T
3.51%
ENBRIDGE
3.51%
BNS
2.77%
MANULIFE-S
2.75%
TC ENERGY CORP
2.66%
NVIDIA
2.61%
AGNICO EAGLE MINES LTD
2.36%
RDE
BNS
5.17%
BANK OF MONTREAL
5.05%
ROYAL BK CANADA
4.80%
FINNING INTL
3.97%
ARC RESOURCES
3.66%
CDN NATL RAILWAY
3.56%
SUN LIFE FINL
3.52%
PROCTERGAMBLE
3.51%
PEMBINA PIPELINE
3.37%
ALPHABET INC-CL
3.36%
Diversification
PDIV
Total weight of top 10 holdings out of 61 total
31.94%
RDE
Total weight of top 10 holdings out of 32 total
39.97%
Characteristics
Compare
PDIV
RDE
| Provider | Purpose Investments | Purpose Investments |
| Management | Actively managed | Actively managed |
| Benchmark | - | - |
| Replication Method | ||
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 10.74% | 5.56% |
| Meets ESG criteria | No | No |
| Inception Date | January 2, 2018 | May 11, 2017 |
Frequently asked questions about PDIV and RDE
Which ETF has performed better year to date: PDIV or RDE?
As of June 15, 2026, PDIV has returned 8.44% year to date, while RDE has returned 18.00%. RDE is ahead on YTD performance.
Which ETF is larger by assets under management: PDIV or RDE?
As of June 15, 2026, PDIV manages $94.37 M in assets, while RDE manages $97.89 M. RDE is the larger fund by AUM.
How are PDIV and RDE managed?
PDIV is actively managed by Purpose Investments. It does not track an index. RDE is actively managed by Purpose Investments. It does not track an index.
What sectors do PDIV and RDE emphasize?
PDIV is most exposed to Financials, Energy, and Information Technology. RDE is most exposed to Financials, Energy, and Industrials.
Which ETF is attracting more investor flows: PDIV or RDE?
Year to date, PDIV has seen +$12.09 M in net flows, compared with -$33.30 M for RDE. PDIV has attracted more net investor money so far.
How do the fees of PDIV and RDE compare?
PDIV has an expense ratio of 0.77%, while RDE has an expense ratio of 0.82%.
What are the top holdings of PDIV and RDE?
PDIV's largest holdings include TORONTO DOMINION, CDN IMPERIAL BK, and ROYAL BK CANADA. RDE's top holdings include BNS, BANK OF MONTREAL, and ROYAL BK CANADA.
Which ETF is more diversified: PDIV or RDE?
PDIV holds 61 securities, while RDE holds 32. On holdings count, PDIV is the more diversified portfolio.
Recent articles about PDIV and RDE
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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.