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AVGY.TO vs. YAVG.NEO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

AVGY.TO vs. YAVG.NEO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Harvest Broadcom Enhanced High Income Shares ETF - Class A Units (AVGY.TO) and Broadcom (AVGO) Yield Shares Purpose ETF (YAVG.NEO). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, AVGY.TO achieves a 42.92% return, which is significantly lower than YAVG.NEO's 59.96% return.


AVGY.TO

1D
-0.45%
1M
19.17%
YTD
42.92%
6M
27.21%
1Y
107.90%
3Y*
5Y*
10Y*

YAVG.NEO

1D
-0.50%
1M
16.03%
YTD
59.96%
6M
46.17%
1Y
133.32%
3Y*
5Y*
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

AVGY.TO vs. YAVG.NEO - Yearly Performance Comparison


Correlation

The correlation between AVGY.TO and YAVG.NEO is 0.80, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.80

Correlation (All Time)
Calculated using the full available price history since Mar 6, 2025

0.78

The correlation between AVGY.TO and YAVG.NEO has been stable across timeframes, ranging from 0.78 to 0.80 - a consistent structural relationship.

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Return for Risk

AVGY.TO vs. YAVG.NEO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AVGY.TO
AVGY.TO Risk / Return Rank: 6565
Overall Rank
AVGY.TO Sharpe Ratio Rank: 7373
Sharpe Ratio Rank
AVGY.TO Sortino Ratio Rank: 6363
Sortino Ratio Rank
AVGY.TO Omega Ratio Rank: 6363
Omega Ratio Rank
AVGY.TO Calmar Ratio Rank: 7676
Calmar Ratio Rank
AVGY.TO Martin Ratio Rank: 5252
Martin Ratio Rank

YAVG.NEO
YAVG.NEO Risk / Return Rank: 8484
Overall Rank
YAVG.NEO Sharpe Ratio Rank: 8686
Sharpe Ratio Rank
YAVG.NEO Sortino Ratio Rank: 8181
Sortino Ratio Rank
YAVG.NEO Omega Ratio Rank: 8383
Omega Ratio Rank
YAVG.NEO Calmar Ratio Rank: 8888
Calmar Ratio Rank
YAVG.NEO Martin Ratio Rank: 7979
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AVGY.TO vs. YAVG.NEO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Harvest Broadcom Enhanced High Income Shares ETF - Class A Units (AVGY.TO) and Broadcom (AVGO) Yield Shares Purpose ETF (YAVG.NEO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


AVGY.TOYAVG.NEODifference
Sharpe ratioReturn per unit of total volatility

-0.42

Sortino ratioReturn per unit of downside risk

-0.69

Omega ratioGain probability vs. loss probability

1.38

1.50

-0.11

Calmar ratioReturn relative to maximum drawdown

3.81

5.18

-1.37

Martin ratioReturn relative to average drawdown

8.81

15.35

-6.53

AVGY.TO vs. YAVG.NEO - Sharpe Ratio Comparison

The current AVGY.TO Sharpe Ratio is 2.39, which is comparable to the YAVG.NEO Sharpe Ratio of 2.81. The chart below compares the historical Sharpe Ratios of AVGY.TO and YAVG.NEO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Sharpe Ratios by Period


AVGY.TOYAVG.NEODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.39

2.81

-0.42

Sharpe Ratio (All Time)

Calculated using the full available price history

2.30

2.03

+0.26

Drawdowns

AVGY.TO vs. YAVG.NEO - Drawdown Comparison

The maximum AVGY.TO drawdown since its inception was -28.78%, smaller than the maximum YAVG.NEO drawdown of -39.57%. Use the drawdown chart below to compare losses from any high point for AVGY.TO and YAVG.NEO.


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Drawdown Indicators


AVGY.TOYAVG.NEODifference

Max Drawdown

Largest peak-to-trough decline

-28.78%

-39.57%

+10.79%

Max Drawdown (1Y)

Largest decline over 1 year

-28.50%

-25.90%

-2.60%

Current Drawdown

Current decline from peak

-0.45%

-0.50%

+0.05%

Average Drawdown

Average peak-to-trough decline

-8.43%

-8.26%

-0.17%

Ulcer Index

Depth and duration of drawdowns from previous peaks

12.29%

8.72%

+3.57%

Volatility

AVGY.TO vs. YAVG.NEO - Volatility Comparison

Harvest Broadcom Enhanced High Income Shares ETF - Class A Units (AVGY.TO) has a higher volatility of 13.20% compared to Broadcom (AVGO) Yield Shares Purpose ETF (YAVG.NEO) at 11.15%. This indicates that AVGY.TO's price experiences larger fluctuations and is considered to be riskier than YAVG.NEO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


AVGY.TOYAVG.NEODifference

Volatility (1M)

Calculated over the trailing 1-month period

13.20%

11.15%

+2.05%

Volatility (6M)

Calculated over the trailing 6-month period

33.23%

37.61%

-4.38%

Volatility (1Y)

Calculated over the trailing 1-year period

45.46%

47.84%

-2.38%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

51.13%

52.43%

-1.30%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

51.13%

52.43%

-1.30%

Dividends

AVGY.TO vs. YAVG.NEO - Dividend Comparison

AVGY.TO's dividend yield for the trailing twelve months is around 19.08%, less than YAVG.NEO's 21.76% yield.


Frequently Asked Questions


AVGY.TO and YAVG.NEO have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

They also come from different issuers: Harvest and Purpose Investments.

Portfolio Optimizer

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