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Purpose Tactical Hedged Equity Fund ETF (PHE) and Global X US Large Cap Index Corporate Class ETF (HULC) offer distinct profiles for Canadian ETF investors. A direct comparison shows that PHE focuses its top 3 sector exposures on Technology, Finance, and Consumer Non-Cyclicals, while HULC leans towards Technology, Finance, and Healthcare. When evaluating costs, PHE features a management fee (MER) of 0.8%, compared to 0.09% for HULC. Performance-wise, PHE has returned 3.04% year-to-date with -$0 M in net flows, whereas HULC is at 16.53% with +$265 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
PHE
HULC
| AuM | $3.58 M | $905.27 M |
| Management Fees | 0.80% | 0.09% |
| Exp. ratio | 0.98% | 0.09% |
| Tracking Difference | - | -0.08% |
Historical performance and flows
As of November 11, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | PHE | -2.30% | -2.34% | +3.04% | +2.35% | +35.92% |
HULC | -2.23% | +1.03% | +16.53% | +14.16% | +85.31% | |
| Flows | PHE | -$1 M | -$1 M | -$0 M | -$0 M | -$1 M |
HULC | +$40 M | +$96 M | +$265 M | +$299 M | +$164 M |
PHE vs HULC exposure
Countries
PHE
USA
95.53%
HULC
USA
96.40%
Sectors
PHE
Technology
48.31%
Finance
12.41%
Consumer Non-Cyclicals
9.17%
Industrials
9.12%
Healthcare
7.94%
Other
13.05%
HULC
Technology
47.52%
Finance
12.37%
Healthcare
9.33%
Consumer Non-Cyclicals
8.42%
Industrials
7.34%
Other
15.02%
As of November 11, 2026
Top 10 Holdings
PHE
NVIDIA Corp.
9.62%
Apple, Inc.
8.76%
Alphabet, Inc.
6.88%
Microsoft Corp.
6.34%
Amazon.com, Inc.
3.54%
Broadcom Inc.
3.02%
Meta Platforms, Inc.
2.47%
Visa, Inc.
2.34%
Eli Lilly & Co.
2.27%
JPMorgan Chase & Co.
2.16%
HULC
NVIDIA Corp.
8.03%
Apple, Inc.
7.20%
Microsoft Corp.
5.68%
Amazon.com, Inc.
3.62%
Alphabet, Inc.
3.04%
Alphabet, Inc.
2.63%
Broadcom Inc.
2.48%
Meta Platforms, Inc.
2.41%
Micron Technology, Inc.
1.81%
Tesla, Inc.
1.64%
Diversification
PHE
Total weight of top 10 holdings out of 81 total
47.39%
HULC
Total weight of top 10 holdings out of 494 total
38.54%
Characteristics
Compare
PHE
HULC
| Provider | Purpose Investments | Global X |
| Management | Actively managed | Passively managed |
| Benchmark | - | Solactive US Large Cap Index NTR - CAD |
| Replication Method | - | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Capitalization |
| Trailing 12m distribution yield | 0.00% | 0.00% |
| Meets ESG criteria | No | No |
| Inception Date | September 3, 2013 | February 6, 2020 |
Frequently asked questions about PHE and HULC
Which ETF has performed better year to date: PHE or HULC?
As of November 11, 2026, PHE has returned 3.04% year to date, while HULC has returned 16.53%. HULC is ahead on YTD performance.
Which ETF is larger by assets under management: PHE or HULC?
As of November 11, 2026, PHE manages $3.58 M in assets, while HULC manages $905.27 M. HULC is the larger fund by AUM.
How are PHE and HULC managed?
PHE is actively managed by Purpose Investments. It does not track an index. HULC is passively managed by Global X. It tracks the Solactive US Large Cap Index NTR - CAD benchmark.
What sectors do PHE and HULC emphasize?
PHE is most exposed to Technology, Finance, and Consumer Non-Cyclicals. HULC is most exposed to Technology, Finance, and Healthcare.
Which ETF is attracting more investor flows: PHE or HULC?
Year to date, PHE has seen -$0.04 M in net flows, compared with +$265.08 M for HULC. HULC has attracted more net investor money so far.
How do the fees of PHE and HULC compare?
PHE has an expense ratio of 0.98%, while HULC has an expense ratio of 0.09%.
What are the top holdings of PHE and HULC?
PHE's largest holdings include NVIDIA Corp., Apple, Inc., and Alphabet, Inc.. HULC's top holdings include NVIDIA Corp., Apple, Inc., and Microsoft Corp..
Which ETF is more diversified: PHE or HULC?
PHE holds 81 securities, while HULC holds 491. On holdings count, HULC is the more diversified portfolio.
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