BKCL.TO vs. YCST.NEO
BKCL.TO (Global X Enhanced Equal Weight Canadian Banks Covered Call ETF) and YCST.NEO (Costco (COST) Yield Shares Purpose ETF) are both exchange-traded funds - BKCL.TO is a Financials Equities fund actively managed by Global X, while YCST.NEO is a Derivative Income fund actively managed by Purpose Investments. Both are actively managed. Over the past year, BKCL.TO returned 53.29% vs -7.85% for YCST.NEO. At a 0.09 correlation, their price movements are largely independent. BKCL.TO charges 1.68%/yr vs 0.40%/yr for YCST.NEO.
Performance
BKCL.TO vs. YCST.NEO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BKCL.TO achieves a 17.43% return, which is significantly higher than YCST.NEO's 12.72% return.
BKCL.TO
- 1D
- -0.41%
- 1M
- 4.79%
- YTD
- 17.43%
- 6M
- 22.33%
- 1Y
- 53.29%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
YCST.NEO
- 1D
- 0.77%
- 1M
- -5.63%
- YTD
- 12.72%
- 6M
- 5.30%
- 1Y
- -7.85%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BKCL.TO vs. YCST.NEO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
BKCL.TO Global X Enhanced Equal Weight Canadian Banks Covered Call ETF | 17.43% | 35.46% |
YCST.NEO Costco (COST) Yield Shares Purpose ETF | 12.72% | -16.43% |
Correlation
The correlation between BKCL.TO and YCST.NEO is -0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.06 |
Correlation (All Time) Calculated using the full available price history since Feb 21, 2025 | 0.09 |
The correlation between BKCL.TO and YCST.NEO shifts across timeframes, from -0.06 (1 year) to 0.09 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
BKCL.TO vs. YCST.NEO — Risk / Return Rank
BKCL.TO
YCST.NEO
BKCL.TO vs. YCST.NEO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Enhanced Equal Weight Canadian Banks Covered Call ETF (BKCL.TO) and Costco (COST) Yield Shares Purpose ETF (YCST.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.
| BKCL.TO | YCST.NEO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +4.64 | ||
| Sortino ratioReturn per unit of downside risk | +6.25 | ||
| Omega ratioGain probability vs. loss probability | 1.82 | 0.95 | +0.87 |
| Calmar ratioReturn relative to maximum drawdown | 5.85 | -0.40 | +6.26 |
| Martin ratioReturn relative to average drawdown | 26.81 | -0.81 | +27.62 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| BKCL.TO | YCST.NEO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 4.25 | -0.38 | +4.64 |
Sharpe Ratio (All Time)Calculated using the full available price history | 2.06 | -0.18 | +2.24 |
Drawdowns
BKCL.TO vs. YCST.NEO - Drawdown Comparison
The maximum BKCL.TO drawdown since its inception was -16.58%, smaller than the maximum YCST.NEO drawdown of -19.70%. Use the drawdown chart below to compare losses from any high point for BKCL.TO and YCST.NEO.
Loading charts...
Drawdown Indicators
| BKCL.TO | YCST.NEO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.58% | -19.70% | +3.12% |
Max Drawdown (1Y)Largest decline over 1 year | -9.15% | -19.54% | +10.39% |
Current DrawdownCurrent decline from peak | -1.81% | -12.62% | +10.81% |
Average DrawdownAverage peak-to-trough decline | -2.67% | -8.56% | +5.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.99% | 9.91% | -7.92% |
Volatility
BKCL.TO vs. YCST.NEO - Volatility Comparison
The current volatility for Global X Enhanced Equal Weight Canadian Banks Covered Call ETF (BKCL.TO) is 4.39%, while Costco (COST) Yield Shares Purpose ETF (YCST.NEO) has a volatility of 10.33%. This indicates that BKCL.TO experiences smaller price fluctuations and is considered to be less risky than YCST.NEO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BKCL.TO | YCST.NEO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.39% | 10.33% | -5.94% |
Volatility (6M)Calculated over the trailing 6-month period | 11.34% | 16.64% | -5.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.59% | 20.54% | -7.95% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.17% | 25.22% | -12.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.17% | 25.22% | -12.05% |
BKCL.TO vs. YCST.NEO - Expense Ratio Comparison
BKCL.TO has a 1.68% expense ratio, which is higher than YCST.NEO's 0.40% expense ratio.
Dividends
BKCL.TO vs. YCST.NEO - Dividend Comparison
BKCL.TO's dividend yield for the trailing twelve months is around 11.48%, less than YCST.NEO's 14.01% yield.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
BKCL.TO Global X Enhanced Equal Weight Canadian Banks Covered Call ETF | 11.48% | 12.60% | 15.02% | 7.91% |
YCST.NEO Costco (COST) Yield Shares Purpose ETF | 14.01% | 10.21% | 0.00% | 0.00% |
Frequently Asked Questions
BKCL.TO and YCST.NEO have a correlation of -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, YCST.NEO is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.
YCST.NEO is cheaper with a 0.40% expense ratio, compared with 1.68% for BKCL.TO.
BKCL.TO is categorized as Financials Equities, while YCST.NEO is Derivative Income. They also come from different issuers: Global X and Purpose Investments. Their fees differ too: 1.68% for BKCL.TO and 0.40% for YCST.NEO.
Find the right allocation for BKCL.TO and YCST.NEO
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer