BTCY-B.TO vs. YPLT.NEO

Last updated Jul 16, 2026

BTCY-B.TO (Purpose Bitcoin Yield ETF CAD Non-Currency Hedged Units) and YPLT.NEO (Palantir (PLTR) Yield Shares Purpose ETF) are both exchange-traded funds - BTCY-B.TO is a Cryptocurrency fund actively managed by Purpose, while YPLT.NEO is a Derivative Income fund actively managed by Purpose. Both are actively managed. Over the past year, BTCY-B.TO returned -44.74% vs -2.88% for YPLT.NEO. At a 0.29 correlation, their price movements are largely independent.

Performance

BTCY-B.TO vs. YPLT.NEO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Purpose Bitcoin Yield ETF CAD Non-Currency Hedged Units (BTCY-B.TO) and Palantir (PLTR) Yield Shares Purpose ETF (YPLT.NEO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BTCY-B.TO achieves a -26.88% return, which is significantly lower than YPLT.NEO's -18.40% return.

BTCY-B.TO

• 1D: 0.56%
• 1M: -2.01%
• 6M: -34.97%
• YTD: -26.88%
• 1Y: -44.74%
• 3Y*: 22.12%
• 5Y*: —
• 10Y*: —

YPLT.NEO

• 1D: 5.78%
• 1M: -1.82%
• 6M: -18.52%
• YTD: -18.40%
• 1Y: -2.88%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BTCY-B.TO vs. YPLT.NEO - Yearly Performance Comparison

	2026 (YTD)	2025
BTCY-B.TO Purpose Bitcoin Yield ETF CAD Non-Currency Hedged Units	-26.88%	-10.53%
YPLT.NEO Palantir (PLTR) Yield Shares Purpose ETF	-18.40%	62.74%

Correlation

The correlation between BTCY-B.TO and YPLT.NEO is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.25
Correlation (All Time) Calculated using the full available price history since Feb 19, 2025	0.29

Return for Risk

BTCY-B.TO vs. YPLT.NEO — Risk / Return Rank

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

BTCY-B.TO

BTCY-B.TO Risk / Return Rank: 2
BTCY-B.TO Sharpe Ratio Rank: 2
BTCY-B.TO Sortino Ratio Rank: 3
BTCY-B.TO Omega Ratio Rank: 3
BTCY-B.TO Calmar Ratio Rank: 2
BTCY-B.TO Martin Ratio Rank: 2

YPLT.NEO

YPLT.NEO Risk / Return Rank: 10
YPLT.NEO Sharpe Ratio Rank: 9
YPLT.NEO Sortino Ratio Rank: 11
YPLT.NEO Omega Ratio Rank: 12
YPLT.NEO Calmar Ratio Rank: 8
YPLT.NEO Martin Ratio Rank: 8

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.

BTCY-B.TO vs. YPLT.NEO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Purpose Bitcoin Yield ETF CAD Non-Currency Hedged Units (BTCY-B.TO) and Palantir (PLTR) Yield Shares Purpose ETF (YPLT.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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	BTCY-B.TO	YPLT.NEO	Difference
Sharpe ratio: Return per unit of total volatility	-0.91	-0.05	-0.86
Sortino ratio: Return per unit of downside risk	-1.29	0.38	-1.68
Omega ratio: Gain probability vs. loss probability	0.85	1.05	-0.20
Calmar ratio: Return relative to maximum drawdown	-0.82	-0.07	-0.75
Martin ratio: Return relative to average drawdown	-1.32	-0.13	-1.19

BTCY-B.TO vs. YPLT.NEO - Sharpe Ratio Comparison

The current BTCY-B.TO Sharpe Ratio is -0.91, which is lower than the YPLT.NEO Sharpe Ratio of -0.05. The chart below compares the historical Sharpe Ratios of BTCY-B.TO and YPLT.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.

Drawdowns

BTCY-B.TO vs. YPLT.NEO - Drawdown Comparison

The maximum BTCY-B.TO drawdown since its inception was -71.05%, which is greater than YPLT.NEO's maximum drawdown of -42.43%. Use the drawdown chart below to compare losses from any high point for BTCY-B.TO and YPLT.NEO.

Drawdown Indicators

	BTCY-B.TO	YPLT.NEO	Difference
Max Drawdown Largest peak-to-trough decline	-71.05%	-42.43%	-28.62%
Max Drawdown (1Y) Largest decline over 1 year	-54.74%	-42.43%	-12.31%
Max Drawdown (3Y) Largest decline over 3 years	-54.74%	—	—
Current Drawdown Current decline from peak	-49.29%	-31.13%	-18.16%
Average Drawdown Average peak-to-trough decline	-32.78%	-16.86%	-15.92%
Ulcer Index Depth and duration of drawdowns from previous peaks	33.96%	21.94%	+12.02%

Volatility

BTCY-B.TO vs. YPLT.NEO - Volatility Comparison

The current volatility for Purpose Bitcoin Yield ETF CAD Non-Currency Hedged Units (BTCY-B.TO) is 12.61%, while Palantir (PLTR) Yield Shares Purpose ETF (YPLT.NEO) has a volatility of 18.75%. This indicates that BTCY-B.TO experiences smaller price fluctuations and is considered to be less risky than YPLT.NEO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BTCY-B.TO	YPLT.NEO	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.61%	18.75%	-6.14%
Volatility (6M) Calculated over the trailing 6-month period	41.57%	48.41%	-6.84%
Volatility (1Y) Calculated over the trailing 1-year period	49.43%	61.95%	-12.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	49.69%	69.16%	-19.47%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	49.69%	69.16%	-19.47%

Dividends

BTCY-B.TO vs. YPLT.NEO - Dividend Comparison

BTCY-B.TO's dividend yield for the trailing twelve months is around 21.56%, less than YPLT.NEO's 55.51% yield.

Position	TTM	2025	2024	2023	2022	2021
BTCY-B.TO Purpose Bitcoin Yield ETF CAD Non-Currency Hedged Units	21.56%	14.33%	7.69%	9.31%	19.45%	1.25%
YPLT.NEO Palantir (PLTR) Yield Shares Purpose ETF	55.51%	14.71%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both BTCY-B.TO and YPLT.NEO in my portfolio?

BTCY-B.TO and YPLT.NEO have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

What is the main difference between BTCY-B.TO and YPLT.NEO?

BTCY-B.TO is categorized as Cryptocurrency, while YPLT.NEO is Derivative Income.