VS
Compare Purpose Core Equity Income Fund (RDE) vs RBC North American Value Fund (RNAV) to find the best fit for your portfolio. RDE and RNAV provide the same top sector exposures: Financials, Energy, and Industrials. When evaluating costs, RDE features a management fee (MER) of 0.75%, compared to 0.6% for RNAV. Performance-wise, RDE has returned 18.02% year-to-date with -$34 M in net flows, whereas RNAV is at 9.63% with +$23 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
RNAV
| AuM | $97.05 M | $89.88 M |
| Management Fees | 0.75% | 0.60% |
| Exp. ratio | 0.82% | 0.80% |
| Tracking Difference | - | - |
Historical performance and flows
As of June 12, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | RDE | +4.50% | +11.91% | +18.02% | +36.12% | +74.21% |
RNAV | +2.11% | +8.37% | +9.63% | +24.54% | +75.04% | |
| Flows | RDE | +$2 M | +$7 M | -$34 M | +$28 M | +$66 M |
RNAV | +$4 M | +$17 M | +$23 M | -$1 M | +$67 M |
RDE vs RNAV exposure
Countries
RDE
Canada
66.17%
USA
17.70%
Other
16.13%
RNAV
Canada
50.17%
Other
24.40%
USA
23.48%
Sectors
RDE
Financials
28.14%
Energy
14.46%
Industrials
9.52%
Consumer Staples
8.43%
Health Care
8.07%
Other
31.38%
RNAV
Other
27.73%
Financials
21.70%
Energy
11.81%
Industrials
10.53%
Other
28.23%
As of June 12, 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%
RNAV
ROYAL BK CANADA
4.38%
TORONTO DOMINION
3.45%
CDN NATURAL RESOURCE
2.59%
CA11271J1075
2.09%
APPLE
2.03%
AMAZON.COM INC
1.90%
BANK OF MONTREAL
1.90%
JPMORGAN CHASE
1.78%
POWER CORPORATION OF CANADA
1.76%
TC ENERGY CORP
1.74%
Diversification
RDE
Total weight of top 10 holdings out of 32 total
39.97%
RNAV
Total weight of top 10 holdings out of 104 total
23.62%
Characteristics
Compare
RDE
RNAV
| Provider | Purpose Investments | RBC Global Asset Management |
| Management | Actively managed | Actively managed |
| Benchmark | - | - |
| Replication Method | ||
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 5.56% | 1.21% |
| Meets ESG criteria | No | No |
| Inception Date | May 11, 2017 | March 8, 2023 |
Frequently asked questions about RDE and RNAV
Which ETF has performed better year to date: RDE or RNAV?
As of June 12, 2026, RDE has returned 18.02% year to date, while RNAV has returned 9.63%. RDE is ahead on YTD performance.
Which ETF is larger by assets under management: RDE or RNAV?
As of June 12, 2026, RDE manages $97.05 M in assets, while RNAV manages $89.88 M. RDE is the larger fund by AUM.
How are RDE and RNAV managed?
RDE is actively managed by Purpose Investments. It does not track an index. RNAV is actively managed by RBC Global Asset Management. It does not track an index.
What sectors do RDE and RNAV emphasize?
RDE is most exposed to Financials, Energy, and Industrials. RNAV is most exposed to Financials, Energy, and Industrials.
Which ETF is attracting more investor flows: RDE or RNAV?
Year to date, RDE has seen -$34.16 M in net flows, compared with +$22.66 M for RNAV. RNAV has attracted more net investor money so far.
How do the fees of RDE and RNAV compare?
RDE has an expense ratio of 0.82%, while RNAV has an expense ratio of 0.80%.
What are the top holdings of RDE and RNAV?
RDE's largest holdings include BNS, BANK OF MONTREAL, and ROYAL BK CANADA. RNAV's top holdings include ROYAL BK CANADA and TORONTO DOMINION.
Which ETF is more diversified: RDE or RNAV?
RDE holds 32 securities, while RNAV holds 102. On holdings count, RNAV is the more diversified portfolio.
Recent articles about RDE and RNAV
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