VS
Purpose Tactical Asset Allocation Fund (RTA) and iShares ESG Balanced ETF Portfolio (GBAL) offer distinct profiles for Canadian ETF investors. A direct comparison shows that RTA focuses its top 3 sector exposures on Finance, Sovereign, and Energy, while GBAL leans towards Finance, Technology, and Sovereign. When evaluating costs, RTA features a management fee (MER) of 0.75%, compared to 0.22% for GBAL. Performance-wise, RTA has returned 9.28% year-to-date with +$30 M in net flows, whereas GBAL is at 9.57% with +$77 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
RTA
GBAL
| AuM | $325.86 M | $288.02 M |
| Management Fees | 0.75% | 0.22% |
| Exp. ratio | 0.91% | 0.24% |
| Tracking Difference | - | - |
Historical performance and flows
As of September 11, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | RTA | -1.63% | +0.90% | +9.28% | +12.64% | +40.47% |
GBAL | -1.66% | +0.80% | +9.57% | +12.33% | +56.90% | |
| Flows | RTA | +$4 M | +$19 M | +$30 M | +$37 M | +$35 M |
GBAL | +$11 M | +$30 M | +$77 M | +$101 M | +$192 M |
RTA vs GBAL exposure
Countries
RTA
Canada
58.14%
USA
36.02%
GBAL
Canada
52.88%
USA
29.42%
Other
17.71%
Sectors
RTA
Finance
29.96%
Sovereign
25.96%
Energy
9.25%
Other
34.83%
GBAL
Finance
33.61%
Technology
18.24%
Sovereign
11.85%
Municipal
9.18%
Other
27.12%
As of September 11, 2026
Top 10 Holdings
RTA
Royal Bank of Canada
4.44%
The Toronto-Dominion Bank
3.04%
Shopify, Inc.
2.17%
Bank of Montreal
1.91%
Enbridge, Inc.
1.81%
Canadian Imperial Bank of Commerce
1.65%
The Bank of Nova Scotia
1.64%
Canadian Natural Resources Ltd.
1.49%
Brookfield Corp.
1.38%
Suncor Energy, Inc.
1.20%
GBAL
NVIDIA Corp.
2.92%
Royal Bank of Canada
2.01%
The Toronto-Dominion Bank
1.95%
Broadcom Inc.
1.85%
Shopify, Inc.
1.50%
Bank of Montreal
1.23%
Canadian Imperial Bank of Commerce
1.08%
The Bank of Nova Scotia
1.08%
Micron Technology, Inc.
1.04%
Canada, Bond 2 1jun2028 10Y
0.95%
Diversification
RTA
Total weight of top 10 holdings out of 4,572 total
20.73%
GBAL
Total weight of top 10 holdings out of 1,382 total
15.60%
Characteristics
Compare
RTA
GBAL
| Provider | Purpose Investments | iShares |
| Management | Actively managed | Actively managed |
| Benchmark | - | - |
| Replication Method | ||
| Asset Class | Equity, Fixed Income | Equity, Fixed Income |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 3.62% | 1.69% |
| Meets ESG criteria | No | Yes |
| Inception Date | May 11, 2017 | September 10, 2020 |
Frequently asked questions about RTA and GBAL
Which ETF has performed better year to date: RTA or GBAL?
As of September 11, 2026, RTA has returned 9.28% year to date, while GBAL has returned 9.57%. GBAL is ahead on YTD performance.
Which ETF is larger by assets under management: RTA or GBAL?
As of September 11, 2026, RTA manages $325.86 M in assets, while GBAL manages $288.02 M. RTA is the larger fund by AUM.
How are RTA and GBAL managed?
RTA is actively managed by Purpose Investments. It does not track an index. GBAL is actively managed by iShares. It does not track an index.
What sectors do RTA and GBAL emphasize?
RTA is most exposed to Finance, Sovereign, and Energy. GBAL is most exposed to Finance, Technology, and Sovereign.
Which ETF is attracting more investor flows: RTA or GBAL?
Year to date, RTA has seen +$29.95 M in net flows, compared with +$77.16 M for GBAL. GBAL has attracted more net investor money so far.
How do the fees of RTA and GBAL compare?
RTA has an expense ratio of 0.91%, while GBAL has an expense ratio of 0.24%.
What are the top holdings of RTA and GBAL?
RTA's largest holdings include Royal Bank of Canada, The Toronto-Dominion Bank, and Shopify, Inc.. GBAL's top holdings include NVIDIA Corp., Royal Bank of Canada, and The Toronto-Dominion Bank.
Which ETF is more diversified: RTA or GBAL?
RTA holds 4562 securities, while GBAL holds 1379. On holdings count, RTA is the more diversified portfolio.
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