All funds Purpose

Purpose covered call and yield ETFs

We track 38 Purpose funds: 24 single-stock covered call, 4 cash and HISA, 3 index covered call, 2 sector covered call, 2 dividend equity, 1 REIT, 1 preferred share and 1 enhanced covered call. The highest on our Income Durability Score are PDIV (82), YNVD (78) and PAYF (77).

Yields, fees and holdings are from Purpose's own published documents; each fund page links to its official page.

Ticker ⇅	Fund	Type	Score ▼	Yield ⇅	1-yr return ⇅	Fee ⇅	Worst drop ⇅	Risk rating ⇅	Liquidity ⇅
PDIV	Purpose Enhanced Dividend	Index	82	11.7%	+12.8%	0.79%	-26.0%	Low–med	Medium
YNVD	NVIDIA (NVDA) Yield Shares Purpose	Single-stock 1.25x	78	27.2%	-6.5%	1.50%	-30.6%	High	Very high
PAYF	Purpose Enhanced Premium Yield	Index	77	9.0%	+6.4%	0.94%	-12.6%	Medium	Low
PDF	Purpose Core Dividend	Dividend	77	2.7%	+23.4%	0.66%	-22.8%	Medium	Medium
YMAG	Tech Innovators Yield Shares Purpose	Enhanced 1.25x	76	20.0%	+0.7%	0.57%	-25.5%	Med–high	Medium
PID	Purpose International Dividend	Dividend	76	2.7%	+19.7%	0.65%	-16.8%	Medium	Medium
YAVG	Broadcom (AVGO) Yield Shares Purpose	Single-stock 1.25x	75	42.3%	-14.2%	1.56%	-25.2%	Med–high	Medium
RPS	Purpose Canadian Preferred Share	Preferred	75	4.5%	+7.9%	0.92%	-39.9%	Medium	Very low
YGOG	Alphabet (GOOGL) Yield Shares Purpose	Single-stock 1.25x	74	17.5%	-12.0%	1.54%	-28.0%	High	Medium
YAMZ	Amazon (AMZN) Yield Shares Purpose	Single-stock 1.25x	74	11.9%	+13.5%	1.53%	-25.2%	High	Very high
CNQY	Purpose Canadian Natural Resources (CNQ) Yield Shares	Single-stock 1.25x	74	14.5%	+42.0%	1.13%	-19.3%	Med–high	Low
YAMD	AMD (AMD) Yield Shares Purpose	Single-stock 1.25x	73	20.1%	+124.7%	1.51%	-32.7%	High	High
BRKY	Berkshire Hathaway (BRK) Yield Shares Purpose	Single-stock 1.25x	71	6.1%	+12.7%	1.59%	-14.7%	Med–high	Medium
PYF	Purpose Premium Yield	Index	71	6.5%	+4.0%	0.72%	-13.8%	Low	Medium
PHR	Purpose Real Estate Income	REIT	68	4.2%	+10.4%	0.80%	-28.9%	Medium	Very low
ENBY	Purpose Enbridge (ENB) Yield Shares	Single-stock 1.25x	68	14.9%	+1.2%	1.11%	-15.2%	Medium	Low
YPLT	Palantir (PLTR) Yield Shares Purpose	Single-stock 1.25x	67	25.4%	-3.9%	1.47%	-46.5%	High	Medium
RBCY	Purpose RBC (RY) Yield Shares	Single-stock 1.25x	66	7.6%	+36.0%	1.19%	-3.6%	Medium	Low
TDY	Purpose TD (TD) Yield Shares	Single-stock 1.25x	66	6.7%	+53.4%	1.07%	-5.8%	Medium	Low
BNSY	Purpose Scotiabank (BNS) Yield Shares	Single-stock 1.25x	66	7.8%	+39.1%	1.14%	-8.2%	Medium	Low
SHPY	Purpose Shopify (SHOP) Yield Shares	Single-stock 1.25x	65	35.4%	-9.3%	1.16%	-35.6%	Med–high	Medium
APLY	Apple (AAPL) Yield Shares Purpose	Single-stock 1.25x	64	5.1%	+23.5%	1.58%	-23.7%	Med–high	Medium
YCST	Costco (COST) Yield Shares Purpose	Single-stock 1.25x	60	14.3%	+21.0%	1.50%	-17.5%	Medium	Low
BNY	Purpose Brookfield (BN) Yield Shares	Single-stock 1.25x	59	10.8%	-10.2%	1.14%	-22.6%	Medium	Low
DOLY	Purpose Dollarama (DOL) Yield Shares	Single-stock 1.25x	57	8.0%	+5.1%	1.21%	-19.4%	Medium	Very low
MSFY	Microsoft (MSFT) Yield Shares Purpose	Single-stock 1.25x	56	18.3%	+1.8%	1.54%	-34.3%	Med–high	Medium
BTCY	Purpose Bitcoin Yield	Sector	55	11.5%	-27.0%	2.41%	-64.5%	High	Medium
YTSL	Tesla (TSLA) Yield Shares Purpose	Single-stock 1.25x	54	25.7%	-10.2%	1.52%	-40.8%	High	Very high
YMET	Meta (META) Yield Shares Purpose	Single-stock 1.25x	46	29.5%	-8.5%	1.53%	-36.0%	Med–high	Medium
YUNH	UnitedHealth Group (UNH) Yield Shares Purpose	Single-stock 1.25x	32	18.0%	+22.2%	1.51%	-58.2%	High	Low
YNET	Netflix (NFLX) Yield Shares Purpose	Single-stock 1.25x	25	19.3%	-48.2%	1.58%	-59.0%	Med–high	Medium
ETHY	Purpose Ether Yield	Sector	21	24.6%	-44.1%	2.62%	-73.3%	High	Medium
TY	Purpose Telus (T) Yield Shares	Single-stock 1.25x	18	15.8%	-31.8%	1.22%	-49.9%	Medium	Very low
YCON	Coinbase (COIN) Yield Shares Purpose	Single-stock 1.25x	17	54.5%	-52.1%	1.62%	-66.6%	High	Medium
MNU.U	Purpose USD Cash Management (USD Units)	Cash	n/a	3.8%	+3.5%	0.22%	0.0%	Low	Medium
MNY	Purpose Cash Management	Cash	n/a	2.3%	+2.3%	0.21%	0.0%	Low	Very high
PSA	Purpose High Interest Savings	Cash	n/a	2.2%	+2.1%	0.17%	0.0%	Low	Very high
PSU.U	Purpose US Cash (USD Units)	Cash	n/a	3.7%	+3.3%	0.17%	-0.1%	Low	Very high

Type

What the fund sells calls on.

The fund owns stocks and sells the right to buy them at a set price. It collects a fee (premium) for that right, which is paid out as income. In exchange, big rises in the stocks are partly given up. A tag such as 1.25x marks leverage; "new" means under 12 months of history, too short to score.

Full definition in the glossary →

Income Durability Score

Out of 100, coloured from red (0) to green (100).

How well the fund has turned its yield into something you could actually keep. It is built from income, capital, risk and cost measures with fixed, published weights.

How we score →

Yield

A year of distributions divided by today's unit price. A high yield is not a high return: if the price falls as much as you were paid, you have gained nothing.

Full definition in the glossary →

Total return

This column is the total return over the last 12 months.

Price change plus all distributions, assuming distributions are reinvested. This is the number that tells you whether the payout was earned.

Full definition in the glossary →

MER

Management expense ratio: the fund's yearly management fee and operating costs as a share of its value, already taken out of returns. Trading costs come on top, as the trading expense ratio (TER) in the fund's ETF Facts; the score's fee measure adds the two.

Full definition in the glossary →

Worst drop (maximum drawdown)

The biggest fall from a high to a later low, in total return, so paying out a distribution does not count as a fall. A fund that fell 30% needs a 43% gain to get back.

Full definition in the glossary →

Risk rating

The fund company's own rating from Low to High, in its ETF Facts, based on how much the fund's returns have varied. It describes past ups and downs, not the chance of a future loss.

Full definition in the glossary →

Liquidity

How easily you can buy or sell without moving the price, rated Very high to Very low by the average dollars traded per day. Thinly traded funds can have wide gaps between the buying and selling price; use limit orders.

Full definition in the glossary →

Volatility

Over the last 36 months.

How much returns bounce around, measured as an annualized standard deviation. Higher means a bumpier ride. It counts rises as well as falls, so the score uses downside deviation instead.

Full definition in the glossary →

Beta

How far the fund tends to move when the S&P 500 moves, over the last 36 months. A beta of 0.7 means it moved about 0.7% for each 1% move in the index.

Full definition in the glossary →

Up and down capture

This column is up capture: the share of its own benchmark's gains the fund took in rising months. The fund's page names the benchmark.

How much of its own benchmark's gains (up) and losses (down) the fund took over the last 36 months. Down capture under 100% means the calls cushioned the falls; leverage pushes both above 100%.

Full definition in the glossary →

Up and down capture

This column is down capture: the share of its own benchmark's losses the fund took in falling months. The fund's page names the benchmark.

How much of its own benchmark's gains (up) and losses (down) the fund took over the last 36 months. Down capture under 100% means the calls cushioned the falls; leverage pushes both above 100%.

Full definition in the glossary →

Total return

This column is the total return per year over the last 3 years.

Price change plus all distributions, assuming distributions are reinvested. This is the number that tells you whether the payout was earned.

Full definition in the glossary →

Return of capital (ROC)

The share of last year's payout classed as return of capital.

A part of the payout that is treated as your own money coming back. It is not taxed right away, but it lowers your cost base, so you may owe more tax when you sell.

Full definition in the glossary →

Rankings are information, not a recommendation to buy or sell any fund.