BTCY.TO vs. YAVG.NEO

Last updated Jun 4, 2026

BTCY.TO (Purpose Bitcoin Yield ETF - ETF Units) and YAVG.NEO (Broadcom (AVGO) Yield Shares Purpose ETF) are both exchange-traded funds - BTCY.TO is a fund fund actively managed by Purpose Investments, while YAVG.NEO is a Derivative Income fund actively managed by Purpose Investments. Both are actively managed. Over the past year, BTCY.TO returned -41.31% vs 133.32% for YAVG.NEO. At a 0.32 correlation, their price movements are largely independent.

Performance

BTCY.TO vs. YAVG.NEO - Performance Comparison

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

Returns By Period

In the year-to-date period, BTCY.TO achieves a -28.08% return, which is significantly lower than YAVG.NEO's 59.96% return.

BTCY.TO

• 1D: -3.45%
• 1M: -19.22%
• YTD: -28.08%
• 6M: -32.85%
• 1Y: -41.31%
• 3Y*: 25.28%
• 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)

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

	2026 (YTD)	2025
BTCY.TO Purpose Bitcoin Yield ETF - ETF Units	-28.08%	-13.63%
YAVG.NEO Broadcom (AVGO) Yield Shares Purpose ETF	59.96%	57.91%

Correlation

The correlation between BTCY.TO and YAVG.NEO is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.29
Correlation (All Time) Calculated using the full available price history since Feb 21, 2025	0.32

Return for Risk

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

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

BTCY.TO

BTCY.TO Risk / Return Rank: 2
BTCY.TO Sharpe Ratio Rank: 2
BTCY.TO Sortino Ratio Rank: 2
BTCY.TO Omega Ratio Rank: 2
BTCY.TO Calmar Ratio Rank: 2
BTCY.TO Martin Ratio Rank: 1

YAVG.NEO

YAVG.NEO Risk / Return Rank: 84
YAVG.NEO Sharpe Ratio Rank: 86
YAVG.NEO Sortino Ratio Rank: 81
YAVG.NEO Omega Ratio Rank: 83
YAVG.NEO Calmar Ratio Rank: 88
YAVG.NEO Martin Ratio Rank: 79

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

This table presents a comparison of risk-adjusted performance metrics for Purpose Bitcoin Yield ETF - ETF Units (BTCY.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.

	BTCY.TO	YAVG.NEO	Difference
Sharpe ratio: Return per unit of total volatility	-0.88	2.81	-3.69
Sortino ratio: Return per unit of downside risk	-1.22	3.62	-4.84
Omega ratio: Gain probability vs. loss probability	0.86	1.50	-0.64
Calmar ratio: Return relative to maximum drawdown	-0.79	5.18	-5.97
Martin ratio: Return relative to average drawdown	-1.44	15.35	-16.79
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

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

The current BTCY.TO Sharpe Ratio is -0.88, which is lower than the YAVG.NEO Sharpe Ratio of 2.81. The chart below compares the historical Sharpe Ratios of BTCY.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.

Sharpe Ratios by Period

	BTCY.TO	YAVG.NEO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.88	2.81	-3.69
Sharpe Ratio (All Time) Calculated using the full available price history	-0.04	2.03	-2.08

Drawdowns

BTCY.TO vs. YAVG.NEO - Drawdown Comparison

The maximum BTCY.TO drawdown since its inception was -69.71%, which is greater than YAVG.NEO's maximum drawdown of -39.57%. Use the drawdown chart below to compare losses from any high point for BTCY.TO and YAVG.NEO.

Drawdown Indicators

	BTCY.TO	YAVG.NEO	Difference
Max Drawdown Largest peak-to-trough decline	-69.71%	-39.57%	-30.14%
Max Drawdown (1Y) Largest decline over 1 year	-52.51%	-25.90%	-26.61%
Max Drawdown (3Y) Largest decline over 3 years	-52.51%	—	—
Current Drawdown Current decline from peak	-49.06%	-0.50%	-48.56%
Average Drawdown Average peak-to-trough decline	-30.79%	-8.26%	-22.53%
Ulcer Index Depth and duration of drawdowns from previous peaks	28.66%	8.72%	+19.94%

Volatility

BTCY.TO vs. YAVG.NEO - Volatility Comparison

Purpose Bitcoin Yield ETF - ETF Units (BTCY.TO) and Broadcom (AVGO) Yield Shares Purpose ETF (YAVG.NEO) have volatilities of 10.62% and 11.15%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BTCY.TO	YAVG.NEO	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.62%	11.15%	-0.53%
Volatility (6M) Calculated over the trailing 6-month period	39.93%	37.61%	+2.32%
Volatility (1Y) Calculated over the trailing 1-year period	47.14%	47.84%	-0.70%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	50.82%	52.43%	-1.61%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	50.82%	52.43%	-1.61%

Dividends

BTCY.TO vs. YAVG.NEO - Dividend Comparison

BTCY.TO's dividend yield for the trailing twelve months is around 22.77%, more than YAVG.NEO's 21.76% yield.

Position	TTM	2025	2024	2023	2022	2021
BTCY.TO Purpose Bitcoin Yield ETF - ETF Units	22.77%	15.11%	16.75%	9.22%	24.25%	1.23%
YAVG.NEO Broadcom (AVGO) Yield Shares Purpose ETF	21.76%	8.90%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both BTCY.TO and YAVG.NEO in my portfolio?

BTCY.TO and YAVG.NEO have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.