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Compare Purpose Premium Yield Fund ETF (PYF) vs Purpose Enhanced Premium Yield Fund ETF (PAYF) to find the best fit for your portfolio. PYF provides Technology, Consumer Non-Cyclicals, and Sovereign exposures, while PAYF is primarily weighted in Technology, Non-Energy Materials, and Consumer Non-Cyclicals. When evaluating costs, PYF features a management fee (MER) of 0.6%, compared to 0.75% for PAYF. Performance-wise, PYF has returned 3.69% year-to-date with -$80 M in net flows, whereas PAYF is at 7.71% with -$3 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
PYF
PAYF
| AuM | $311.56 M | $48.76 M |
| Management Fees | 0.60% | 0.75% |
| Exp. ratio | 0.71% | 1.00% |
| Tracking Difference | - | - |
Historical performance and flows
As of September 3, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | PYF | +0.42% | +2.69% | +3.69% | +3.05% | +20.39% |
PAYF | +1.79% | +5.48% | +7.71% | +7.64% | +34.89% | |
| Flows | PYF | -$36 M | -$61 M | -$80 M | +$16 M | +$209 M |
PAYF | -$10 M | -$8 M | -$3 M | +$15 M | +$39 M |
PYF vs PAYF exposure
Countries
PYF
Other
86.39%
USA
11.86%
PAYF
Other
62.30%
USA
26.66%
Other
11.03%
Sectors
PYF
Other
86.39%
Other
13.61%
PAYF
Other
62.30%
Technology
9.29%
Other
28.41%
As of September 3, 2026
Top 10 Holdings
PYF
CA74643B1031
85.04%
Microsoft Corp.
1.79%
Procter & Gamble Co.
1.24%
The Home Depot, Inc.
1.21%
Booking Holdings, Inc.
1.14%
Salesforce, Inc.
0.87%
Oracle Corp.
0.67%
NextEra Energy, Inc.
0.65%
ServiceNow, Inc.
0.52%
Alphabet, Inc.
0.45%
PAYF
CA74643B1031
62.15%
Booking Holdings, Inc.
2.20%
Microsoft Corp.
2.05%
Alibaba Group Holding Ltd.
1.98%
ServiceNow, Inc.
1.98%
Medtronic Plc
1.90%
Salesforce, Inc.
1.88%
Newmont Corp.
1.79%
Cameco Corp.
1.71%
The Home Depot, Inc.
1.70%
Diversification
PYF
Total weight of top 10 holdings out of 350 total
93.58%
PAYF
Total weight of top 10 holdings out of 1,969 total
79.35%
Characteristics
Compare
PYF
PAYF
| 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 | 6.28% | 7.91% |
| Meets ESG criteria | No | No |
| Inception Date | January 19, 2016 | May 22, 2019 |
Frequently asked questions about PYF and PAYF
Which ETF has performed better year to date: PYF or PAYF?
As of September 3, 2026, PYF has returned 3.69% year to date, while PAYF has returned 7.71%. PAYF is ahead on YTD performance.
Which ETF is larger by assets under management: PYF or PAYF?
As of September 3, 2026, PYF manages $311.56 M in assets, while PAYF manages $48.76 M. PYF is the larger fund by AUM.
How are PYF and PAYF managed?
PYF is actively managed by Purpose Investments. It does not track an index. PAYF is actively managed by Purpose Investments. It does not track an index.
What sectors do PYF and PAYF emphasize?
PYF is most exposed to Technology, Consumer Non-Cyclicals, and Sovereign. PAYF is most exposed to Technology, Non-Energy Materials, and Consumer Non-Cyclicals.
Which ETF is attracting more investor flows: PYF or PAYF?
Year to date, PYF has seen -$79.57 M in net flows, compared with -$3.09 M for PAYF. PAYF has attracted more net investor money so far.
How do the fees of PYF and PAYF compare?
PYF has an expense ratio of 0.71%, while PAYF has an expense ratio of 1.00%.
What are the top holdings of PYF and PAYF?
PYF's largest holdings include Microsoft Corp. and Procter & Gamble Co.. PAYF's top holdings include Booking Holdings, Inc. and Microsoft Corp..
Which ETF is more diversified: PYF or PAYF?
PYF holds 350 securities, while PAYF holds 1898. On holdings count, PAYF is the more diversified portfolio.
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