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TSX · CAD · ETF

PICTON Long Short Equity (130/30) Alternative Fund ETF (PFAE.TO) ETF Analysis

PFAE.TO
Expense ratio 1.45% Yield 0.3% Assets CA$381.29M Since September 27, 2018 Family Picton Mahoney Asset Management

Last Updated: October 21, 2026

CA$30.01
+CA$0.27 (+0.92%)

October 21, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

Compare PFAE.TO with… →

PFAE.TO Annualized Returns

PeriodAnnualizedCA$100 becomes
1 year+20.48%CA$120.48
Since December 29, 2023+24.54%CA$185.33

Returns are total returns computed from daily closes, with dividends reinvested. As of October 21, 2026.

PFAE.TO Return by Calendar Year

2023 and 2026 are partial years

View as table ↓View as chart ↑
YearReturn
2026 (partial year)+14.92%
2025+26.26%
2024+27.73%
2023 (partial year)0.00%

PFAE.TO Monthly Returns

−6%+9%
YearJanFebMarAprMayJunJulAugSepOctNovDec
2026+0.2+6.4−5.1+4.4+3.8+2.6−0.6+2.9−1.6+1.6——
2025+4.6−2.4−2.1−1.8+8.2+2.7+2.5+3.6+3.8+1.2+2.1+1.6
2024+2.7+2.6+3.8−1.0+1.0+1.2+5.3+1.2+2.9+1.2+7.4−3.1

Monthly total returns with dividends reinvested; each cell prints its signed value.

PFAE.TO Volatility & Risk

Volatility: 2 yrs
Annualized volatility
15.30%
Best year
+27.73%

2024

Worst year
+26.26%

2025

Volatility is the annualized standard deviation of daily returns. As of October 21, 2026.

Top Holdings

# Symbol Name Weight
1 RY Royal Bank of Canada 8.76%
2 TD The Toronto-Dominion Bank 7.42%
3 IVV iShares Core S&P 500 ETF 7.25%
4 VTI Vanguard Total Stock Market ETF 6.46%
5 XIC.TO iShares Core S&P/TSX Capped Compost ETF 3.96%
6 SHOP Shopify Inc Registered Shs -A- Subord Vtg 3.21%
7 CP.TO Canadian Pacific Kansas City Ltd 3.05%
8 BN.TO Brookfield Corp Registered Shs -A- Limited Vtg 2.67%
9 NA.TO National Bank of Canada 2.6%
10 MTUM iShares MSCI USA Momentum Factor ETF 2.57%

Analysis

Data-derived

Fund Overview

PICTON Long Short Equity (130/30) Alternative Fund ETF (PFAE.TO) is an exchange-traded fund. The fund holds CA$381.29M in total net assets. The expense ratio is 1.45%. On a CA$10,000 position that is CA$145.00 a year. The fund is issued by Picton Mahoney Asset Management. It has been trading since September 27, 2018.

Its biggest positions are Royal Bank of Canada (RY), The Toronto-Dominion Bank (TD), and iShares Core S&P 500 ETF (IVV). Royal Bank of Canada alone accounts for 8.76% of the portfolio. The ten largest positions together make up 47.93% of the fund.

Performance Analysis

The most recent close on file for PFAE.TO is CA$30.01, dated October 21, 2026. Over the trailing twelve months the total return is +20.48%. The stored price history starts on December 29, 2023, and the total return since then is +85.33%. The fund distributes at a trailing yield of 0.3%. The provider also reports a 3 years average return of +25.90%.

2026 is still running; the total return is +14.92% year to date. The strongest complete calendar year on file is 2024 at +27.73%; the weakest is 2025 at +26.26%.

Price & Risk Profile

Daily returns over the trailing 2 years annualize to a volatility of 15.3%. Over the past 52 weeks the price has ranged from CA$24.51 to CA$30.68. The latest close sits 22.42% above that 52-week low. The volatility figure is calculated from the stored daily closes, the same series the charts on this page use.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

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