Purpose Premium Yield Fund ETF (PYF) and iShares Core Equity ETF (XEQT) offer distinct profiles for Canadian ETF investors. A direct comparison shows that PYF focuses its top 3 sector exposures on Technology, Consumer Non-Cyclicals, and Sovereign, while XEQT leans towards Finance, Technology, and Industrials. When evaluating costs, PYF features a management fee (MER) of 0.6%, compared to 0.18% for XEQT. Performance-wise, PYF has returned 3.69% year-to-date with -$80 M in net flows, whereas XEQT is at 16.2% with +$8 B. 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
XEQT
| AuM | $311.56 M | $22,412.71 M |
| Management Fees | 0.60% | 0.18% |
| Exp. ratio | 0.71% | 0.19% |
| 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% |
XEQT | -0.31% | +2.69% | +16.20% | +23.76% | +80.84% | |
| Flows | PYF | -$36 M | -$61 M | -$80 M | +$16 M | +$209 M |
XEQT | +$1,118 M | +$3,222 M | +$7,869 M | +$9,791 M | +$15,735 M |
PYF vs XEQT exposure
Countries
PYF
Other
86.39%
USA
11.86%
XEQT
USA
44.48%
Canada
24.66%
Other
30.86%
Sectors
PYF
Other
86.39%
Other
13.61%
XEQT
Finance
25.23%
Technology
24.35%
Industrials
10.32%
Non-Energy Materials
7.46%
Energy
7.10%
Other
25.54%
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%
XEQT
Apple, Inc.
3.05%
NVIDIA Corp.
2.94%
Microsoft Corp.
2.08%
Royal Bank of Canada
2.07%
Amazon.com, Inc.
1.43%
The Toronto-Dominion Bank
1.41%
Alphabet, Inc.
1.22%
Broadcom Inc.
1.14%
Shopify, Inc.
1.05%
Alphabet, Inc.
0.98%
Diversification
PYF
Total weight of top 10 holdings out of 350 total
93.58%
XEQT
Total weight of top 10 holdings out of 8,298 total
17.37%
Characteristics
Compare
PYF
XEQT
| Provider | Purpose Investments | iShares |
| Management | Actively managed | Actively managed |
| Benchmark | - | - |
| Replication Method | ||
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 6.28% | 1.57% |
| Meets ESG criteria | No | No |
| Inception Date | January 19, 2016 | August 7, 2019 |
Frequently asked questions about PYF and XEQT
Which ETF has performed better year to date: PYF or XEQT?
As of September 3, 2026, PYF has returned 3.69% year to date, while XEQT has returned 16.20%. XEQT is ahead on YTD performance.
Which ETF is larger by assets under management: PYF or XEQT?
As of September 3, 2026, PYF manages $311.56 M in assets, while XEQT manages $22.41 B. XEQT is the larger fund by AUM.
How are PYF and XEQT managed?
PYF is actively managed by Purpose Investments. It does not track an index. XEQT is actively managed by iShares. It does not track an index.
What sectors do PYF and XEQT emphasize?
PYF is most exposed to Technology, Consumer Non-Cyclicals, and Sovereign. XEQT is most exposed to Finance, Technology, and Industrials.
Which ETF is attracting more investor flows: PYF or XEQT?
Year to date, PYF has seen -$79.57 M in net flows, compared with +$7,869.25 M for XEQT. XEQT has attracted more net investor money so far.
How do the fees of PYF and XEQT compare?
PYF has an expense ratio of 0.71%, while XEQT has an expense ratio of 0.19%.
What are the top holdings of PYF and XEQT?
PYF's largest holdings include Microsoft Corp. and Procter & Gamble Co.. XEQT's top holdings include Apple, Inc., NVIDIA Corp., and Alphabet, Inc..
Which ETF is more diversified: PYF or XEQT?
PYF holds 350 securities, while XEQT holds 8200. On holdings count, XEQT is the more diversified portfolio.
Recent articles about PYF and XEQT
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