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Broadcom (AVGO) Yield Shares Purpose ETF (YAVG.NEO) Alternatives

ETF · Currency in CAD · Last updated Jun 4, 2026

The Broadcom (AVGO) Yield Shares Purpose ETF (YAVG) seeks to provide unitholders with monthly distributions and long-term capital appreciation by investing primarily in shares of Broadcom Inc. (AVGO) and writing covered call options on a portion of the position to generate enhanced income. The fund employs modest leverage of up to 25% to amplify exposure while maintaining its core single-stock equity position.

Broadcom (AVGO) Yield Shares Purpose ETF (YAVG.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 YAVG.NEO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to YAVG.NEO

Among 76 ETFs in the Derivative Income category with expense-ratio data, the lowest-cost alternatives shown here go as low as 0.04%.

SymbolNameExpense RatioAUMInception
USCL.TO
Global X Enhanced S&P 500 Covered Call ETF0.04%249.48MJul 2023YAVG.NEO vs USCL.TO
EQLI.TO
Invesco S&P 500 Equal Weight Income Advantage ETF0.29%155.19MNov 2025YAVG.NEO vs EQLI.TO
ECHI.TO
Ninepoint Enhanced Canadian HighShares ETF0.29%—Aug 2025YAVG.NEO vs ECHI.TO
JEPQ.TO
JPMorgan Nasdaq Equity Premium Income Active ETF0.35%136.22MSep 2024YAVG.NEO vs JEPQ.TO
HBIL.TO
Hamilton U.S. T-Bill YIELD MAXIMIZER ETF (CAD Hedg...0.35%235.30MSep 2024YAVG.NEO vs HBIL.TO

Best Risk-Adjusted Alternatives to YAVG.NEO

YAVG.NEO has a PortfoliosLab risk / return rank of 84. There are 17 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 2022YAVG.NEO vs HLIF.TO
CBNK.TO
Mulvihill Canadian Bank Enhanced Yield ETF
96
—Feb 2022YAVG.NEO vs CBNK.TO
BANK.TO
Evolve Canadian Banks and Lifecos Enhanced Yield I...
96
1.08BFeb 2022YAVG.NEO vs BANK.TO
BKCL.TO
Global X Enhanced Equal Weight Canadian Banks Cove...
95
187.53MJul 2023YAVG.NEO vs BKCL.TO
BKCC.TO
Global X Equal Weight Canadian Bank Covered Call E...
94
370.01MMay 2011YAVG.NEO vs BKCC.TO

Top Performing YAVG.NEO Alternatives (YTD)

YAVG.NEO is at 59.96% YTD. No ETFs in the Derivative Income category have higher YTD returns; the top-performing alternatives shown here go as high as 42.92%.

SymbolNameYTD ReturnAUMInception
AVGY.TO
Harvest Broadcom Enhanced High Income Shares ETF -...
42.92%
—Mar 2025YAVG.NEO vs AVGY.TO
CNQE.TO
Harvest CNQ Enhanced High Income Shares ETF
39.35%
—Aug 2025YAVG.NEO vs CNQE.TO
ENCL.TO
Global X Enhanced Canadian Oil and Gas Equity Cove...
36.58%
286.32MOct 2023YAVG.NEO vs ENCL.TO
NXF.TO
CI Energy Giants Covered Call ETF Common Units (CA...
32.43%
116.31MFeb 2015YAVG.NEO vs NXF.TO
QDAY.NEO
Hamilton EnhancedTechnology DayMAX™ ETF
31.76%
—Jul 2025YAVG.NEO vs QDAY.NEO

Lowest Volatility Alternatives to YAVG.NEO

YAVG.NEO has 47.84% 1-year volatility. There are 80 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 2024YAVG.NEO vs HBIL.TO
HPYM.TO
Harvest Premium Yield 7-10 Year Treasury ETF - Cla...4.53%226.83MJan 2024YAVG.NEO vs HPYM.TO
UMAX.TO
Hamilton Utilities YIELD MAXIMIZER ETF6.65%1.34BJun 2023YAVG.NEO vs UMAX.TO
HLIF.TO
Harvest Canadian Equity Income Leaders ETF Class A6.85%—Jun 2022YAVG.NEO vs HLIF.TO
ZWU.TO
BMO Covered Call Utilities ETF7.59%2.17BOct 2011YAVG.NEO vs ZWU.TO

Lowest Drawdown Alternatives to YAVG.NEO

YAVG.NEO has a 1-year max drawdown of -25.90%. There are 60 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 2024YAVG.NEO vs HBIL.TO
HLIF.TO
Harvest Canadian Equity Income Leaders ETF Class A
-3.09%
—Jun 2022YAVG.NEO vs HLIF.TO
HPYM.TO
Harvest Premium Yield 7-10 Year Treasury ETF - Cla...
-3.85%
226.83MJan 2024YAVG.NEO vs HPYM.TO
HUTE.TO
Harvest Equal Weight Global Utilities Enhanced Inc...
-4.57%
97.17MOct 2022YAVG.NEO vs HUTE.TO
ZWU.TO
BMO Covered Call Utilities ETF
-4.86%
2.17BOct 2011YAVG.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
-26.80%
1.90BNov 2021YAVG.NEO vs BTCC.TO
PSA.TO
Purpose High Interest Savings FundMoney Market
100
0.89%
4.20BOct 2013YAVG.NEO vs PSA.TO
MNY.TO
Purpose Cash Management FundMoney Market
100
0.95%
2.90BSep 2022YAVG.NEO vs MNY.TO
YTSL.NEO
Tesla (TSLA) Yield Shares Purpose ETFDerivative Income
30
-6.32%
438.20MDec 2022YAVG.NEO vs YTSL.NEO
SBT.TO
Purpose Silver Bullion FundSilver, Precious Metals
46
2.24%
164.90MMay 2016YAVG.NEO vs SBT.TO
PDIV.TO
Purpose Enhanced Dividend Fund ETFDividend
82
7.12%
212.60MJan 2018YAVG.NEO vs PDIV.TO
PMM.TO
Purpose Multi-Strategy Market Neutral FundLong-Short
64
5.69%
10.90MOct 2014YAVG.NEO vs PMM.TO
YNVD.NEO
NVIDIA (NVDA) Yield Shares Purpose ETFDerivative Income
62
17.05%
206.20MJan 2024YAVG.NEO vs YNVD.NEO
BTCY.TO
Purpose Bitcoin Yield ETF - ETF Units
2
-28.08%
116.80MDec 2021YAVG.NEO vs BTCY.TO
KILO-B.TO
Purpose Gold Bullion Fund ETF Non-Currency HedgedGold, Precious Metals
38
4.14%
—Oct 2018YAVG.NEO vs KILO-B.TO

Often Compared With YAVG.NEO

Investors most often compare YAVG.NEO with RCDC.TO, EMAX.TO, ZWC.TO. These 20 comparison targets span 7 categories, based on PortfoliosLab usage data.

SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
RCDC.TO
RBC Canadian Dividend Covered Call ETFDerivative Income
93
12.49%
—Jan 2023YAVG.NEO vs RCDC.TO
EMAX.TO
Hamilton Energy YIELD MAXIMIZER ETFEnergy Equities, Derivative Income
70
30.76%
476.70MFeb 2024YAVG.NEO vs EMAX.TO
ZWC.TO
BMO CA High Dividend Covered Call ETFDerivative Income
92
11.12%
2.30BFeb 2017YAVG.NEO vs ZWC.TO
JEPI.TO
JPMorgan US Equity Premium Income Active ETFDerivative Income
28
1.48%
—Sep 2024YAVG.NEO vs JEPI.TO
BTCC-B.TO
Purpose Bitcoin ETF Non-Currency Hedged UnitsCryptocurrency
2
-24.57%
—Oct 2021YAVG.NEO vs BTCC-B.TO
ENCC.TO
Global X Canadian Oil and Gas Equity Covered Call ...Derivative Income, Energy Equities
85
29.01%
759.08MApr 2011YAVG.NEO vs ENCC.TO
CCCB.TO
CIBC Canadian Banks Covered Call ETFDerivative Income—
15.74%
—Aug 2025YAVG.NEO vs CCCB.TO
GOGY.TO
Harvest Alphabet Enhanced High Income Shares ETF C...Derivative Income
93
14.33%
—Mar 2025YAVG.NEO vs GOGY.TO
YGOG.NEO
Alphabet (GOOGL) Yield Shares Purpose ETFDerivative Income, Technology Equities
92
10.76%
62.20MDec 2022YAVG.NEO vs YGOG.NEO
HPYT.TO
Harvest Premium Yield Treasury ETF ADerivative Income
18
-0.30%
385.04MMay 2024YAVG.NEO vs HPYT.TO
CRCY.TO
Harvest Circle Enhanced High Income Shares ETF Cla...Derivative Income—
3.77%
—Sep 2025YAVG.NEO vs CRCY.TO
ZWG.TO
BMO Global High Dividend Covered Call ETFDerivative Income
64
11.46%
337.99MJan 2020YAVG.NEO vs ZWG.TO
EMCC.NEO
Global X MSCI Emerging Markets Covered Call ETFDerivative Income
81
21.82%
—May 2024YAVG.NEO vs EMCC.NEO
MSTE.TO
Harvest MicroStrategy Enhanced High Income Shares ...Derivative Income
1
-20.32%
—Mar 2025YAVG.NEO vs MSTE.TO
CMAX.TO
Hamilton Canadian Equity YIELD MAXIMIZER ETFDerivative Income———May 2026YAVG.NEO vs CMAX.TO
HYLD.TO
Hamilton Enhanced U.S. Covered Call ETFDerivative Income
75
15.73%
1.29BFeb 2022YAVG.NEO vs HYLD.TO
HDIV.TO
Hamilton Enhanced Multi-Sector Covered Call ETFDerivative Income
92
16.21%
1.63BJul 2021YAVG.NEO vs HDIV.TO
HMAX.TO
Hamilton Canadian Financials YIELD MAXIMIZER ETFDerivative Income
91
11.17%
2.34BJan 2023YAVG.NEO vs HMAX.TO
HPYE.TO
Harvest Premium Yield Enhanced ETFDerivative Income, Leveraged Equities, Large Cap Blend Equities———Jan 2026YAVG.NEO vs HPYE.TO
CDAY.NEO
Hamilton Enhanced Canadian Equity DayMAX ETFDerivative Income, Canada Equities—
13.70%
242.10MJul 2025YAVG.NEO vs CDAY.NEO

Compare YAVG.NEO with Any Fund or Stock

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

 

Diversifiers

Pair YAVG.NEO with funds that move differently

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

Explore YAVG.NEO Diversifiers