CANY.TO vs. YGOG.NEO

Last updated Jun 9, 2026

CANY.TO (Evolve Canadian Equity UltraYield ETF) and YGOG.NEO (Alphabet (GOOGL) Yield Shares Purpose ETF) are both Derivative Income funds. Both are actively managed. Both charge a 0.40% expense ratio.

Performance

CANY.TO vs. YGOG.NEO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Evolve Canadian Equity UltraYield ETF (CANY.TO) and Alphabet (GOOGL) Yield Shares Purpose ETF (YGOG.NEO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

CANY.TO

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

YGOG.NEO

• 1D: -1.95%
• 1M: -10.02%
• YTD: 12.48%
• 6M: 13.44%
• 1Y: 112.72%
• 3Y*: 43.08%
• 5Y*: —
• 10Y*: —

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

Return for Risk

CANY.TO vs. YGOG.NEO — Risk / Return Rank

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

YGOG.NEO

YGOG.NEO Risk / Return Rank: 93
YGOG.NEO Sharpe Ratio Rank: 96
YGOG.NEO Sortino Ratio Rank: 95
YGOG.NEO Omega Ratio Rank: 92
YGOG.NEO Calmar Ratio Rank: 91
YGOG.NEO Martin Ratio Rank: 91

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.

CANY.TO vs. YGOG.NEO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Evolve Canadian Equity UltraYield ETF (CANY.TO) and Alphabet (GOOGL) Yield Shares Purpose ETF (YGOG.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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	CANY.TO	YGOG.NEO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	3.58	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	1.53	—

Drawdowns

Drawdown Indicators

	CANY.TO	YGOG.NEO	Difference
Max Drawdown Largest peak-to-trough decline	—	-34.24%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-21.82%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-34.24%	—
Current Drawdown Current decline from peak	—	-10.49%	—
Average Drawdown Average peak-to-trough decline	—	-7.55%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	5.81%	—

Volatility

Volatility by Period

	CANY.TO	YGOG.NEO	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	11.63%	—
Volatility (6M) Calculated over the trailing 6-month period	—	22.69%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	31.69%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	32.84%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	32.84%	—

CANY.TO vs. YGOG.NEO - Expense Ratio Comparison

Both CANY.TO and YGOG.NEO have an expense ratio of 0.40%.

Dividends

CANY.TO vs. YGOG.NEO - Dividend Comparison

CANY.TO has not paid dividends to shareholders, while YGOG.NEO's dividend yield for the trailing twelve months is around 8.03%.

Position	TTM	2025	2024	2023	2022
CANY.TO Evolve Canadian Equity UltraYield ETF	0.00%	0.00%	0.00%	0.00%	0.00%
YGOG.NEO Alphabet (GOOGL) Yield Shares Purpose ETF	8.03%	5.84%	6.63%	7.24%	0.91%

Frequently Asked Questions

Which ETF is better, CANY.TO or YGOG.NEO?

Both ETFs have the same 0.40% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CANY.TO or YGOG.NEO?

CANY.TO and YGOG.NEO have the same expense ratio: 0.40% per year.

What is the main difference between CANY.TO and YGOG.NEO?

They also come from different issuers: Evolve and Purpose.