VS
Purpose Tactical Asset Allocation Fund (RTA) and TD Balanced ETF Portfolio (TBAL) 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 TBAL leans towards Finance, Technology, and Sovereign. When evaluating costs, RTA features a management fee (MER) of 0.75%, compared to 0.28% for TBAL. Performance-wise, RTA has returned 8.9% year-to-date with +$30 M in net flows, whereas TBAL is at 7.84% with +$176 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
TBAL
| AuM | $324.74 M | $389.59 M |
| Management Fees | 0.75% | 0.28% |
| Exp. ratio | 0.91% | 0.17% |
| Tracking Difference | - | - |
Historical performance and flows
As of September 10, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | RTA | -2.07% | +1.53% | +8.90% | +12.85% | +39.99% |
TBAL | -1.37% | +1.21% | +7.84% | +10.96% | +50.13% | |
| Flows | RTA | +$4 M | +$18 M | +$30 M | +$37 M | +$35 M |
TBAL | +$15 M | +$42 M | +$176 M | +$235 M | +$326 M |
RTA vs TBAL exposure
Countries
RTA
Canada
58.14%
USA
36.02%
TBAL
Canada
57.48%
USA
26.06%
Other
16.45%
Sectors
RTA
Finance
29.96%
Sovereign
25.96%
Energy
9.25%
Other
34.83%
TBAL
Finance
20.72%
Technology
13.99%
Sovereign
13.99%
Municipal
10.72%
Other
40.58%
As of September 10, 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%
TBAL
NVIDIA Corp.
1.84%
Apple, Inc.
1.73%
Royal Bank of Canada
1.62%
Microsoft Corp.
1.33%
The Toronto-Dominion Bank
1.12%
Amazon.com, Inc.
1.02%
Alphabet, Inc.
0.81%
Shopify, Inc.
0.77%
Broadcom Inc.
0.71%
Alphabet, Inc.
0.71%
Diversification
RTA
Total weight of top 10 holdings out of 4,572 total
20.73%
TBAL
Total weight of top 10 holdings out of 3,307 total
11.65%
Characteristics
Compare
RTA
TBAL
| Provider | Purpose Investments | TD Asset Management |
| Management | Actively managed | Actively managed |
| Benchmark | - | - |
| Replication Method | ||
| Asset Class | Equity, Fixed Income | Equity, Fixed Income |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 3.64% | 1.85% |
| Meets ESG criteria | No | No |
| Inception Date | May 11, 2017 | August 18, 2020 |
Frequently asked questions about RTA and TBAL
Which ETF has performed better year to date: RTA or TBAL?
As of September 10, 2026, RTA has returned 8.90% year to date, while TBAL has returned 7.84%. RTA is ahead on YTD performance.
Which ETF is larger by assets under management: RTA or TBAL?
As of September 10, 2026, RTA manages $324.74 M in assets, while TBAL manages $389.59 M. TBAL is the larger fund by AUM.
How are RTA and TBAL managed?
RTA is actively managed by Purpose Investments. It does not track an index. TBAL is actively managed by TD Asset Management. It does not track an index.
What sectors do RTA and TBAL emphasize?
RTA is most exposed to Finance, Sovereign, and Energy. TBAL is most exposed to Finance, Technology, and Sovereign.
Which ETF is attracting more investor flows: RTA or TBAL?
Year to date, RTA has seen +$29.93 M in net flows, compared with +$175.66 M for TBAL. TBAL has attracted more net investor money so far.
How do the fees of RTA and TBAL compare?
RTA has an expense ratio of 0.91%, while TBAL has an expense ratio of 0.17%.
What are the top holdings of RTA and TBAL?
RTA's largest holdings include Royal Bank of Canada, The Toronto-Dominion Bank, and Shopify, Inc.. TBAL's top holdings include NVIDIA Corp., Apple, Inc., and Royal Bank of Canada.
Which ETF is more diversified: RTA or TBAL?
RTA holds 4562 securities, while TBAL holds 3286. On holdings count, RTA is the more diversified portfolio.
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