A side-by-side comparison of Purpose Monthly Income Fund Series ETF (PIN) and Vanguard Russell 1000 Growth Index Fund ETF Shares (VONG) to help Canadian investors make an informed decision.
1-Year Performance
Normalised to 100 at the start — shows relative return over the trailing 12 months.
Head-to-Head Comparison
| Metric | PIN | VONG |
|---|---|---|
| YTD Return | +5.66%✓ | -6.22% |
| 1-Day Change | +1.01%✓ | -0.79% |
| 1-Week Change | +0.71%✓ | -2.91% |
| 1-Month Change | +1.58%✓ | -10.30% |
| Current Price | $19.96 | $117.41 |
| AUM | $7M | $44.09B✓ |
| MER (Expense Ratio) | — | 0.08% |
| Dividend Yield | 5.29%✓ | 0.46% |
| Distribution Frequency | Monthly | — |
| Inception Date | 2013-09-06 | 2010-09-20 |
| Holdings Count | 10 | 371 |
| MorningStar Rating | — | — |
| Category | Balanced Allocation | US Equity |
| Beta | 0.77 | 1.19 |
| 52-Week High | $20.20 | $133.63 |
| 52-Week Low | $17.77 | $104.97 |
| 50-Day MA | $19.91 | $126.51 |
| 200-Day MA | $19.94 | $122.94 |
✓ marks the better value for return/yield/AUM metrics. Lower ✓ for MER.
Annualised Returns
| Period | PIN | VONG |
|---|---|---|
| YTD | +5.66%✓ | -6.22% |
| 1 Year | +11.62%✓ | -4.82% |
| 3 Year | +12.40% | +18.21%✓ |
| 5 Year | +7.11% | +9.14%✓ |
| 10 Year | +6.20% | +16.84%✓ |
| 1Y Volatility | 6.69% | 18.53% |
| Sharpe Ratio (3Y) | 1.60 | 1.04 |
Past performance is not a guarantee of future results.
Top 10 Holdings
| 1 | HYG | iShares iBoxx $ High Yield Corporate Bond ETF | 23.04% |
| 2 | IGB | Corgi FTSE U.S. IG Corporate Bond ETF | 14.79% |
| 3 | PID | Purpose International Dividend Fund Series ETF | 7.26% |
| 4 | MNY | Purpose Cash Management Fund ETF Units | 7.20% |
| 5 | REM | Purpose Emerging Markets Dividend Fund ETF | 2.08% |
| 6 | PYF | Purpose Premium Yield Fund Series ETF | 2.08% |
| 7 | KILO-B | Purpose Gold Bullion Fund | 1.70% |
| 8 | TD | Toronto Dominion Bank | 1.41% |
| 9 | BNS | Bank of Nova Scotia | 1.44% |
| 10 | RY | Royal Bank of Canada | 1.26% |
| 1 | NVDA | NVIDIA Corporation | 15.96% |
| 2 | AAPL | Apple Inc. | 7.73% |
| 3 | GOOGL | Alphabet Inc Class A | 5.78% |
| 4 | MSFT | Microsoft Corporation | 5.48% |
| 5 | AVGO | Broadcom Inc | 4.72% |
| 6 | GOOG | Alphabet Inc Class C | 4.82% |
| 7 | META | Meta Platforms Inc. | 3.71% |
| 8 | MU | Micron Technology Inc | 3.49% |
| 9 | TSLA | Tesla Inc | 3.18% |
| 10 | AMD | Advanced Micro Devices Inc | 2.85% |
Sector Weights
| Sector | PIN | VONG |
|---|---|---|
| Basic Materials | 13.16% | 0.26% |
| Communication Services | 2.87% | 16.36% |
| Consumer Cyclicals | 4.99% | 7.62% |
| Consumer Defensive | 5.54% | 1.11% |
| Energy | 16.30% | 0.50% |
| Financial Services | 28.66% | 4.30% |
| Healthcare | 6.46% | 5.39% |
| Industrials | 5.42% | 7.64% |
| Real Estate | 5.43% | 0.38% |
| Technology | 4.67% | 55.12% |
| Utilities | 7.11% | 0.24% |
About PIN
The fund seeks to (i) maximize total return, consisting of dividend income and capital appreciation by tactically investing in a broad range of asset classes which may include equity, fixed income and inflation sensitive securities and cash; and (ii) provide shareholders with stable monthly distributions.
About VONG
The index is designed to measure the performance of large-capitalization growth stocks in the United States. The Advisor attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index. The fund may become non-diversified, as defined under the Investment Company Act of 1940, solely as a result of a change in relative market capitalization or ind…
Which ETF is Right for You?
Both PIN and VONG are listed on Canadian exchanges and accessible through most Canadian brokerages including Questrade, Wealthsimple Trade, TD Direct, and Interactive Brokers.
Based on the available data, PIN scores higher across our tracked metrics including YTD performance, dividend yield, and AUM — though both ETFs warrant individual research before investing.
- Consider your account type (TFSA, RRSP, non-registered) as it can affect dividend taxation.
- Compare management expense ratios (MER) directly on each provider's website.
- Look at average daily trading volume to assess liquidity.
- Review the fund's underlying index and holdings to ensure the exposure matches your goals.
This is not financial advice. Always do your own research or consult a licensed financial advisor before investing.
Frequently Asked Questions
What is the difference between PIN and VONG?
PIN (Purpose Monthly Income Fund Series ETF) and VONG (Vanguard Russell 1000 Growth Index Fund ETF Shares) are both Canadian-listed ETFs. Key differences include their AUM ($7M vs $44.09B), dividend yield (5.29% vs 0.46%), and year-to-date performance (+5.66% vs -6.22%).
Is PIN better than VONG?
There is no single "better" ETF — it depends on your investment goals. If you prioritise recent performance, PIN has outperformed year-to-date. Always review the fund's prospectus and consider your tax situation.
Can I buy PIN and VONG on Wealthsimple?
Most Canadian-listed ETFs are available on Wealthsimple Trade commission-free. Both PIN and VONG should be accessible. Check Wealthsimple's supported tickers list to confirm availability.
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