VS
Purpose Core Equity Income Fund (RDE) and Purpose Enhanced Dividend Fund ETF (PDIV) offer distinct profiles for Canadian ETF investors. A direct comparison shows that RDE focuses its top 3 sector exposures on Financials, Energy, and Industrials, while PDIV leans towards Financials, Energy, and Information Technology. When evaluating costs, RDE features a management fee (MER) of 0.75%, compared to 0.65% for PDIV. Performance-wise, RDE has returned 17.32% year-to-date with -$33 M in net flows, whereas PDIV is at 7.67% with +$12 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
RDE
PDIV
| AuM | $97.32 M | $93.94 M |
| Management Fees | 0.75% | 0.65% |
| Exp. ratio | 0.82% | 0.77% |
| Tracking Difference | - | - |
Historical performance and flows
As of June 18, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | RDE | +2.50% | +11.38% | +17.32% | +35.44% | +72.72% |
PDIV | +2.00% | +6.70% | +7.67% | +18.46% | +38.68% | |
| Flows | RDE | +$3 M | +$7 M | -$33 M | +$29 M | +$66 M |
PDIV | +$2 M | +$5 M | +$12 M | +$32 M | +$72 M |
RDE vs PDIV exposure
Countries
RDE
Canada
66.17%
USA
17.70%
Other
16.13%
PDIV
Canada
58.15%
USA
24.48%
Other
16.58%
Sectors
RDE
Financials
28.14%
Energy
14.46%
Industrials
9.52%
Consumer Staples
8.43%
Health Care
8.07%
Other
31.38%
PDIV
Financials
26.33%
Other
16.85%
Energy
14.68%
Information Technology
10.20%
Other
31.94%
As of June 18, 2026
Top 10 Holdings
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%
PDIV
TORONTO DOMINION
4.58%
CDN IMPERIAL BK
3.68%
ENBRIDGE
3.51%
MICROSOFT-T
3.51%
ROYAL BK CANADA
3.51%
BNS
2.77%
MANULIFE-S
2.75%
TC ENERGY CORP
2.66%
NVIDIA
2.61%
AGNICO EAGLE MINES LTD
2.36%
Diversification
RDE
Total weight of top 10 holdings out of 32 total
39.97%
PDIV
Total weight of top 10 holdings out of 61 total
31.94%
Characteristics
Compare
RDE
PDIV
| 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 | 5.59% | 10.82% |
| Meets ESG criteria | No | No |
| Inception Date | May 11, 2017 | January 2, 2018 |
Frequently asked questions about RDE and PDIV
Which ETF has performed better year to date: RDE or PDIV?
As of June 18, 2026, RDE has returned 17.32% year to date, while PDIV has returned 7.67%. RDE is ahead on YTD performance.
Which ETF is larger by assets under management: RDE or PDIV?
As of June 18, 2026, RDE manages $97.32 M in assets, while PDIV manages $93.94 M. RDE is the larger fund by AUM.
How are RDE and PDIV managed?
RDE is actively managed by Purpose Investments. It does not track an index. PDIV is actively managed by Purpose Investments. It does not track an index.
What sectors do RDE and PDIV emphasize?
RDE is most exposed to Financials, Energy, and Industrials. PDIV is most exposed to Financials, Energy, and Information Technology.
Which ETF is attracting more investor flows: RDE or PDIV?
Year to date, RDE has seen -$33.31 M in net flows, compared with +$12.32 M for PDIV. PDIV has attracted more net investor money so far.
How do the fees of RDE and PDIV compare?
RDE has an expense ratio of 0.82%, while PDIV has an expense ratio of 0.77%.
What are the top holdings of RDE and PDIV?
RDE's largest holdings include BNS, BANK OF MONTREAL, and ROYAL BK CANADA. PDIV's top holdings include TORONTO DOMINION, CDN IMPERIAL BK, and ENBRIDGE.
Which ETF is more diversified: RDE or PDIV?
RDE holds 32 securities, while PDIV holds 61. On holdings count, PDIV is the more diversified portfolio.
Recent articles about RDE and PDIV
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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.