Question 1

What is PDIV?

Accepted Answer

PDIV — Purpose Enhanced Dividend Fund ETF shares — is a Canadian-listed ETF trading on the TSX. NA

Question 2

What is the PDIV ETF price today?

Accepted Answer

PDIV last traded at $9.78 CAD on the TSX. See the price chart above for recent performance.

Question 3

What is the PDIV MER (management expense ratio)?

Accepted Answer

PDIV has a management expense ratio (MER) of 0% per year. This fee is automatically deducted from the fund's assets, so you never pay it directly — but it does reduce your net returns over time. At 0%, PDIV is considered a low-cost ETF.

Question 4

What are PDIV annualised returns?

Accepted Answer

PDIV historical returns: YTD: +3.60%, 1-year: +19.25%, 3-year annualised: +12.27%, 5-year annualised: +8.25%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 1.31, which measures risk-adjusted return.

Question 5

Does PDIV pay dividends or distributions?

Accepted Answer

Yes, PDIV distributes income to unitholders. The current distribution yield is approximately 11.82%. Distributions may include dividends, interest, capital gains, or return of capital depending on the fund's holdings. In a TFSA or RRSP, distributions are sheltered from tax.

Question 6

What does PDIV invest in?

Accepted Answer

PDIV's top holdings include Purpose Cash Management Fund ETF Units (MNY, 15.4%), Toronto Dominion Bank (TD, 5.4%), Bank of Nova Scotia (BNS, 4.2%), Royal Bank of Canada (RY, 4.2%), Canadian Imperial Bank Of Commerce (CM, 3.7%) — and 5 more positions. See the full Top 10 Holdings table above for a complete breakdown. The fund tracks the Morningstar DM Americas GR CAD.

Question 7

What sectors does PDIV invest in?

Accepted Answer

PDIV's largest sector exposures are Financial Services (36.9%), Technology (16.2%), Energy (11.9%). The full sector breakdown is shown in the Sector Weights table on this page.

Question 8

How large is PDIV? (Assets under management)

Accepted Answer

PDIV has approximately $98M in assets under management (AUM). Larger AUM generally means better liquidity, tighter bid-ask spreads, and a lower risk of the fund being wound down.

Question 9

When was PDIV launched?

Accepted Answer

PDIV was launched on February 20, 2013, giving it a 13-year track record. A longer history makes it easier to evaluate how the ETF performs across different market cycles.

Question 10

How do I buy PDIV in Canada?

Accepted Answer

PDIV trades on the TSX under the ticker PDIV. You can buy it through any Canadian brokerage, including Wealthsimple Trade (commission-free), Questrade, TD Direct Investing, RBC Direct, and CIBC Investor's Edge. It can be held in a TFSA, RRSP, FHSA, or taxable account.

Question 11

How risky is PDIV?

Accepted Answer

PDIV has a 1-year volatility of 5.79% and a beta of 0.34 (less volatile than the broad market). Its 3-year Sharpe ratio of 1.31 indicates solid risk-adjusted returns. As with all market-linked investments, past volatility does not predict future risk.

Date	Open	High	Low	Close	Adj Close	Volume
2026-07-31	$9.82	$9.82	$9.76	$9.78	$9.78	6,400
2026-07-30	$9.78	$9.78	$9.74	$9.78	$9.78	10,921
2026-07-29	$9.84	$9.84	$9.71	$9.71	$9.71	16,936
2026-07-28	$9.90	$9.91	$9.85	$9.91	$9.91	11,400
2026-07-27	$9.84	$9.86	$9.82	$9.85	$9.85	21,900
2026-07-24	$9.82	$9.84	$9.81	$9.82	$9.82	9,106
2026-07-23	$9.85	$9.85	$9.76	$9.78	$9.78	9,217
2026-07-22	$9.82	$9.85	$9.82	$9.84	$9.84	4,256
2026-07-21	$9.78	$9.81	$9.78	$9.81	$9.81	19,906
2026-07-20	$9.83	$9.84	$9.79	$9.79	$9.79	13,381

#	Ticker	Name	Weight
1	MNY	Purpose Cash Management Fund ETF Units	15.39%
2	TD	Toronto Dominion Bank	5.37%
3	BNS	Bank of Nova Scotia	4.24%
4	RY	Royal Bank of Canada	4.17%
5	CM	Canadian Imperial Bank Of Commerce	3.75%
6	MSFT	Microsoft Corporation	3.42%
7	TRP	TC Energy Corp	2.65%
8	ENB	Enbridge Inc	2.46%
9	BMO	Bank of Montreal	2.34%
10	NVDA	NVIDIA Corporation	2.29%

Sector	Weight
Financial Services	36.94%
Technology	16.18%
Energy	11.93%
Consumer Cyclicals	7.82%
Industrials	6.50%
Healthcare	6.03%
Utilities	4.25%
Basic Materials	3.62%
Communication Services	3.52%
Consumer Defensive	3.20%
Real Estate	0.00%

Ticker	Name	Price	1D
AMZU		$28.46	+30.19%
AMHE-U	Harvest Amazon Enhanced High Income Shares ETF	$14.27	+16.68%
COID		$8.24	+16.38%
AMHE	Harvest Amazon Enhanced High Income Shares ETF - Class A Units	$14.70	+14.84%
ALPU		$19.24	+13.51%
AMZH-U	Harvest Amazon High Income Shares ETF	$13.87	+13.13%
MSFH-U	Harvest Microsoft Enhanced High Income Shares ETF	$9.48	+12.46%
PINV	Purpose Global Innovators Fund ETF	$31.26	+12.08%

Purpose Enhanced Dividend Fund ETF shares (PDIV : TSX)

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Price Chart (30 Days)

Key Statistics

Recent Price History

Annualised Returns

Top 10 Holdings

Sector Weights

About Purpose Enhanced Dividend Fund ETF shares

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Frequently Asked Questions — PDIV