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Amazon (AMZN) Yield Shares Purpose ETF (YAMZ.NEO) Alternatives

ETF · Currency in CAD · Last updated Jun 5, 2026

The Amazon (AMZN) Yield Shares Purpose ETF seeks to provide unitholders with long-term capital appreciation by investing in Amazon.com Inc. common stock, generating distributions by writing covered call options and/or cash covered put options on a portion of the ETF's portfolio.

Amazon (AMZN) Yield Shares Purpose ETF (YAMZ.NEO) belongs to the Derivative Income category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with YAMZ.NEO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to YAMZ.NEO

YAMZ.NEO charges 1.72% annually. There are 70 ETFs in the Derivative Income category with lower expense ratios, going as low as 0.04%.

SymbolNameExpense RatioAUMInception
USCL.TO
Global X Enhanced S&P 500 Covered Call ETF0.04%249.48MJul 2023YAMZ.NEO vs USCL.TO
ECHI.TO
Ninepoint Enhanced Canadian HighShares ETF0.29%—Aug 2025YAMZ.NEO vs ECHI.TO
EQLI.TO
Invesco S&P 500 Equal Weight Income Advantage ETF0.29%155.19MNov 2025YAMZ.NEO vs EQLI.TO
JEPI.TO
JPMorgan US Equity Premium Income Active ETF0.35%—Sep 2024YAMZ.NEO vs JEPI.TO
JEPQ.TO
JPMorgan Nasdaq Equity Premium Income Active ETF0.35%136.22MSep 2024YAMZ.NEO vs JEPQ.TO

Best Risk-Adjusted Alternatives to YAMZ.NEO

YAMZ.NEO has a PortfoliosLab risk / return rank of 22. There are 59 ETFs in the Derivative Income category with higher risk-adjusted ranks, going as high as 98.

SymbolNameRisk / Return RankAUMInception
HLIF.TO
Harvest Canadian Equity Income Leaders ETF Class A
98
—Jun 2022YAMZ.NEO vs HLIF.TO
CBNK.TO
Mulvihill Canadian Bank Enhanced Yield ETF
97
—Feb 2022YAMZ.NEO vs CBNK.TO
BANK.TO
Evolve Canadian Banks and Lifecos Enhanced Yield I...
96
1.08BFeb 2022YAMZ.NEO vs BANK.TO
BKCL.TO
Global X Enhanced Equal Weight Canadian Banks Cove...
95
187.53MJul 2023YAMZ.NEO vs BKCL.TO
BKCC.TO
Global X Equal Weight Canadian Bank Covered Call E...
95
370.01MMay 2011YAMZ.NEO vs BKCC.TO

Top Performing YAMZ.NEO Alternatives (YTD)

YAMZ.NEO is at 5.68% YTD. There are 62 ETFs in the Derivative Income category with higher YTD returns, going as high as 42.78%.

SymbolNameYTD ReturnAUMInception
YAVG.NEO
Broadcom (AVGO) Yield Shares Purpose ETF
42.78%
—Feb 2025YAMZ.NEO vs YAVG.NEO
CNQE.TO
Harvest CNQ Enhanced High Income Shares ETF
38.88%
—Aug 2025YAMZ.NEO vs CNQE.TO
ENCL.TO
Global X Enhanced Canadian Oil and Gas Equity Cove...
37.98%
286.32MOct 2023YAMZ.NEO vs ENCL.TO
NXF.TO
CI Energy Giants Covered Call ETF Common Units (CA...
31.66%
116.31MFeb 2015YAMZ.NEO vs NXF.TO
EMAX.TO
Hamilton Energy YIELD MAXIMIZER ETF
30.95%
476.70MFeb 2024YAMZ.NEO vs EMAX.TO

Lowest Volatility Alternatives to YAMZ.NEO

YAMZ.NEO has 32.46% 1-year volatility. There are 69 ETFs in the Derivative Income category with lower 1-year volatility, going as low as 1.66%.

SymbolNameVolatility 1YAUMInception
HBIL.TO
Hamilton U.S. T-Bill YIELD MAXIMIZER ETF (CAD Hedg...1.66%235.30MSep 2024YAMZ.NEO vs HBIL.TO
HPYM.TO
Harvest Premium Yield 7-10 Year Treasury ETF - Cla...4.53%226.83MJan 2024YAMZ.NEO vs HPYM.TO
UMAX.TO
Hamilton Utilities YIELD MAXIMIZER ETF6.65%1.34BJun 2023YAMZ.NEO vs UMAX.TO
HLIF.TO
Harvest Canadian Equity Income Leaders ETF Class A6.89%—Jun 2022YAMZ.NEO vs HLIF.TO
ZWU.TO
BMO Covered Call Utilities ETF7.59%2.17BOct 2011YAMZ.NEO vs ZWU.TO

Lowest Drawdown Alternatives to YAMZ.NEO

YAMZ.NEO has a 1-year max drawdown of -21.79%. There are 54 ETFs in the Derivative Income category with shallower 1-year drawdowns, going as shallow as -0.95%.

SymbolNameMax Drawdown 1YAUMInception
HBIL.TO
Hamilton U.S. T-Bill YIELD MAXIMIZER ETF (CAD Hedg...
-0.95%
235.30MSep 2024YAMZ.NEO vs HBIL.TO
HLIF.TO
Harvest Canadian Equity Income Leaders ETF Class A
-3.09%
—Jun 2022YAMZ.NEO vs HLIF.TO
HPYM.TO
Harvest Premium Yield 7-10 Year Treasury ETF - Cla...
-3.85%
226.83MJan 2024YAMZ.NEO vs HPYM.TO
HUTE.TO
Harvest Equal Weight Global Utilities Enhanced Inc...
-4.57%
97.17MOct 2022YAMZ.NEO vs HUTE.TO
ZWU.TO
BMO Covered Call Utilities ETF
-4.86%
2.17BOct 2011YAMZ.NEO vs ZWU.TO

Other ETFs from Purpose Investments

The 10 most viewed Purpose Investments ETFs shown here include BTCC.TO, PSA.TO, MNY.TO and span 8 categories. AUM among these funds goes as high as $4B.

SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
BTCC.TO
Purpose Bitcoin CAD ETF Currency Hedged UnitsCryptocurrency
2
-28.70%
1.90BNov 2021YAMZ.NEO vs BTCC.TO
PSA.TO
Purpose High Interest Savings FundMoney Market
100
0.90%
4.20BOct 2013YAMZ.NEO vs PSA.TO
MNY.TO
Purpose Cash Management FundMoney Market
100
0.96%
2.90BSep 2022YAMZ.NEO vs MNY.TO
YTSL.NEO
Tesla (TSLA) Yield Shares Purpose ETFDerivative Income
33
-7.41%
438.20MDec 2022YAMZ.NEO vs YTSL.NEO
SBT.TO
Purpose Silver Bullion FundSilver, Precious Metals
48
2.63%
164.90MMay 2016YAMZ.NEO vs SBT.TO
PDIV.TO
Purpose Enhanced Dividend Fund ETFDividend
85
7.79%
212.60MJan 2018YAMZ.NEO vs PDIV.TO
PMM.TO
Purpose Multi-Strategy Market Neutral FundLong-Short
68
5.84%
10.90MOct 2014YAMZ.NEO vs PMM.TO
YNVD.NEO
NVIDIA (NVDA) Yield Shares Purpose ETFDerivative Income
65
20.36%
206.20MJan 2024YAMZ.NEO vs YNVD.NEO
BTCY.TO
Purpose Bitcoin Yield ETF - ETF Units
2
-31.93%
116.80MDec 2021YAMZ.NEO vs BTCY.TO
KILO-B.TO
Purpose Gold Bullion Fund ETF Non-Currency HedgedGold, Precious Metals
38
4.82%
—Oct 2018YAMZ.NEO vs KILO-B.TO

Often Compared With YAMZ.NEO

Investors most often compare YAMZ.NEO with BRKY.NEO, BTCC-B.TO, ETHY.TO. These 17 comparison targets span 5 categories, based on PortfoliosLab usage data.

SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
BRKY.NEO
Berkshire Hathaway Yield Shares Purpose ETFLarge Cap Blend Equities
5
-6.22%
51.20MDec 2022YAMZ.NEO vs BRKY.NEO
BTCC-B.TO
Purpose Bitcoin ETF Non-Currency Hedged UnitsCryptocurrency
2
-26.65%
—Oct 2021YAMZ.NEO vs BTCC-B.TO
ETHY.TO
Purpose Ether Yield ETF - ETF UnitsCryptocurrency
4
-47.61%
80.50MDec 2021YAMZ.NEO vs ETHY.TO
BTCC-U.TO
Purpose Bitcoin ETF Non-Currency Hedged UnitsCryptocurrency
2
-27.40%
—Nov 2021YAMZ.NEO vs BTCC-U.TO
GOGY.TO
Harvest Alphabet Enhanced High Income Shares ETF C...Derivative Income
94
19.65%
—Mar 2025YAMZ.NEO vs GOGY.TO
ETHH.TO
Purpose Ether ETFCryptocurrency
5
-41.34%
—Oct 2021YAMZ.NEO vs ETHH.TO
ZWC.TO
BMO CA High Dividend Covered Call ETFDerivative Income
93
12.26%
2.30BFeb 2017YAMZ.NEO vs ZWC.TO
HPYT.TO
Harvest Premium Yield Treasury ETF ADerivative Income
16
-0.04%
385.04MMay 2024YAMZ.NEO vs HPYT.TO
ENCC.TO
Global X Canadian Oil and Gas Equity Covered Call ...Derivative Income, Energy Equities
89
30.00%
759.08MApr 2011YAMZ.NEO vs ENCC.TO
YCST.NEO
Costco (COST) Yield Shares Purpose ETFDerivative Income
6
13.86%
—Feb 2025YAMZ.NEO vs YCST.NEO
AVGY.TO
Harvest Broadcom Enhanced High Income Shares ETF -...Derivative Income
50
25.75%
—Mar 2025YAMZ.NEO vs AVGY.TO
CRCY.TO
Harvest Circle Enhanced High Income Shares ETF Cla...Derivative Income—
4.52%
—Sep 2025YAMZ.NEO vs CRCY.TO
HDIV.TO
Hamilton Enhanced Canadian Covered Call ETFDerivative Income
93
17.22%
1.63BJul 2021YAMZ.NEO vs HDIV.TO
AMZN
Amazon.com, Inc
62
9.95%
——YAMZ.NEO vs AMZN
QDAY.NEO
Hamilton EnhancedTechnology DayMAX™ ETFDerivative Income—
29.96%
—Jul 2025YAMZ.NEO vs QDAY.NEO
TXF.TO
CI Tech Giants Covered Call CommonTechnology Equities, Derivative Income
83
29.65%
854.47MOct 2011YAMZ.NEO vs TXF.TO
YGOG.NEO
Alphabet (GOOGL) Yield Shares Purpose ETFDerivative Income, Technology Equities
93
16.00%
62.20MDec 2022YAMZ.NEO vs YGOG.NEO

Compare YAMZ.NEO with Any Fund or Stock

Compare YAMZ.NEO with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

 

Diversifiers

Pair YAMZ.NEO with funds that move differently

Amazon (AMZN) Yield Shares Purpose ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to YAMZ.NEO.

Explore YAMZ.NEO Diversifiers