A side-by-side comparison of Purpose Monthly Income Fund Series ETF (PIN) and Wealthsimple North America Socially Responsible Index ETF (WSRI) 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 | WSRI |
|---|---|---|
| YTD Return | +4.24%✓ | +4.09% |
| 1-Day Change | +0.20% | +0.48%✓ |
| 1-Week Change | -0.25% | +0.20%✓ |
| 1-Month Change | -3.34% | -2.62%✓ |
| Current Price | $19.69 | $50.13 |
| AUM | $8M | $998M✓ |
| MER (Expense Ratio) | 0% | 0% |
| Dividend Yield | 4.94%✓ | 1.29% |
| Distribution Frequency | Monthly | Quarterly |
| Inception Date | 2013-09-06 | 2020-06-16 |
| Holdings Count | 10 | 10 |
| MorningStar Rating | ★★★ | ★★★ |
| Category | Global Neutral Balanced | North American Equity |
| Beta | 0.73 | 0.60 |
| 52-Week High | $20.28 | $51.97 |
| 52-Week Low | $17.81 | $45.58 |
| 50-Day MA | $20.14 | $50.98 |
| 200-Day MA | $19.86 | $49.56 |
✓ marks the better value for return/yield/AUM metrics. Lower ✓ for MER.
Annualised Returns
| Period | PIN | WSRI |
|---|---|---|
| YTD | +4.24%✓ | +4.09% |
| 1 Year | +9.66%✓ | +5.20% |
| 3 Year | +11.05% | +14.83%✓ |
| 5 Year | +7.01% | +10.54%✓ |
| 10 Year | +5.59% | — |
| 1Y Volatility | 6.63% | 11.30% |
| Sharpe Ratio (3Y) | 1.37 | 1.06 |
Past performance is not a guarantee of future results.
Top 10 Holdings
| 1 | HYG | iShares iBoxx $ High Yield Corporate Bond ETF | 21.45% |
| 2 | IGB | iShares Treasury ETF | 14.26% |
| 3 | PID | Purpose International Dividend Fund Series ETF | 7.25% |
| 4 | MNY | Purpose Cash Management Fund ETF Units | 7.16% |
| 5 | ZFM | BMO Mid Federal Bond | 2.60% |
| 6 | REM | Purpose Emerging Markets Dividend Fund ETF | 1.94% |
| 7 | PYF | Purpose Premium Yield Fund Series ETF | 1.93% |
| 8 | ZCM | BMO Mid Corporate Bond Index ETF | 1.76% |
| 9 | KILO-B | Purpose Gold Bullion Fund | 1.76% |
| 10 | TD | Toronto Dominion Bank | 1.56% |
| 1 | H | Hydro One Ltd | 4.47% |
| 2 | LEN | Lennar Corporation | 2.89% |
| 3 | DHI | DR Horton Inc | 2.66% |
| 4 | KO | The Coca-Cola Company | 2.00% |
| 5 | PG | Procter & Gamble Company | 1.59% |
| 6 | MDLZ | Mondelez International Inc | 1.54% |
| 7 | CL | Colgate-Palmolive Company | 1.50% |
| 8 | CHD | Church & Dwight Company Inc | 1.50% |
| 9 | AEM | Agnico Eagle Mines Limited | 1.44% |
| 10 | WPM | Wheaton Precious Metals Corp | 1.43% |
Sector Weights
| Sector | PIN | WSRI |
|---|---|---|
| Basic Materials | 14.39% | 8.29% |
| Communication Services | 2.93% | 5.22% |
| Consumer Cyclicals | 5.16% | 12.20% |
| Consumer Defensive | 5.83% | 18.13% |
| Energy | 14.69% | 0.75% |
| Financial Services | 28.61% | 17.06% |
| Healthcare | 6.07% | 13.87% |
| Industrials | 5.22% | 7.27% |
| Real Estate | 5.18% | 0.84% |
| Technology | 4.63% | 11.96% |
| Utilities | 7.29% | 4.40% |
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 WSRI
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Which ETF is Right for You?
Both PIN and WSRI 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 WSRI?
PIN (Purpose Monthly Income Fund Series ETF) and WSRI (Wealthsimple North America Socially Responsible Index ETF) are both Canadian-listed ETFs. Key differences include their AUM ($8M vs $998M), dividend yield (4.94% vs 1.29%), and year-to-date performance (+4.24% vs +4.09%).
Is PIN better than WSRI?
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 WSRI on Wealthsimple?
Most Canadian-listed ETFs are available on Wealthsimple Trade commission-free. Both PIN and WSRI should be accessible. Check Wealthsimple's supported tickers list to confirm availability.
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