GLCC.TO vs. YAVG.NEO
GLCC.TO (Global X Gold Producer Equity Covered Call ETF) and YAVG.NEO (Broadcom (AVGO) Yield Shares Purpose ETF) are both Derivative Income funds. Both are actively managed. Over the past year, GLCC.TO returned 60.20% vs 133.32% for YAVG.NEO. At a 0.18 correlation, their price movements are largely independent.
Performance
GLCC.TO vs. YAVG.NEO - Performance Comparison
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Returns By Period
In the year-to-date period, GLCC.TO achieves a -0.45% return, which is significantly lower than YAVG.NEO's 59.96% return.
GLCC.TO
- 1D
- -2.75%
- 1M
- 1.61%
- YTD
- -0.45%
- 6M
- 4.96%
- 1Y
- 60.20%
- 3Y*
- 40.99%
- 5Y*
- 21.30%
- 10Y*
- 14.52%
YAVG.NEO
- 1D
- -0.50%
- 1M
- 16.03%
- YTD
- 59.96%
- 6M
- 46.17%
- 1Y
- 133.32%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
GLCC.TO vs. YAVG.NEO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
GLCC.TO Global X Gold Producer Equity Covered Call ETF | -0.45% | 93.50% |
YAVG.NEO Broadcom (AVGO) Yield Shares Purpose ETF | 59.96% | 57.91% |
Correlation
The correlation between GLCC.TO and YAVG.NEO is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.20 |
Correlation (All Time) Calculated using the full available price history since Feb 21, 2025 | 0.18 |
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Return for Risk
GLCC.TO vs. YAVG.NEO — Risk / Return Rank
GLCC.TO
YAVG.NEO
GLCC.TO vs. YAVG.NEO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Gold Producer Equity Covered Call ETF (GLCC.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.
| GLCC.TO | YAVG.NEO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.36 | ||
| Sortino ratioReturn per unit of downside risk | -1.76 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.50 | -0.23 |
| Calmar ratioReturn relative to maximum drawdown | 2.10 | 5.18 | -3.08 |
| Martin ratioReturn relative to average drawdown | 5.69 | 15.35 | -9.66 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| GLCC.TO | YAVG.NEO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.45 | 2.81 | -1.36 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.67 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.46 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.00 | 2.03 | -2.03 |
Drawdowns
GLCC.TO vs. YAVG.NEO - Drawdown Comparison
The maximum GLCC.TO drawdown since its inception was -71.12%, 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 GLCC.TO and YAVG.NEO.
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Drawdown Indicators
| GLCC.TO | YAVG.NEO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -71.12% | -39.57% | -31.55% |
Max Drawdown (1Y)Largest decline over 1 year | -28.86% | -25.90% | -2.96% |
Max Drawdown (3Y)Largest decline over 3 years | -28.86% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -37.60% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -44.83% | — | — |
Current DrawdownCurrent decline from peak | -23.43% | -0.50% | -22.93% |
Average DrawdownAverage peak-to-trough decline | -34.43% | -8.26% | -26.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.61% | 8.72% | +1.89% |
Volatility
GLCC.TO vs. YAVG.NEO - Volatility Comparison
Global X Gold Producer Equity Covered Call ETF (GLCC.TO) has a higher volatility of 14.96% compared to Broadcom (AVGO) Yield Shares Purpose ETF (YAVG.NEO) at 11.15%. This indicates that GLCC.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
| GLCC.TO | YAVG.NEO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.96% | 11.15% | +3.81% |
Volatility (6M)Calculated over the trailing 6-month period | 34.13% | 37.61% | -3.48% |
Volatility (1Y)Calculated over the trailing 1-year period | 41.70% | 47.84% | -6.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.94% | 52.43% | -20.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.95% | 52.43% | -20.48% |
Dividends
GLCC.TO vs. YAVG.NEO - Dividend Comparison
GLCC.TO's dividend yield for the trailing twelve months is around 8.69%, less than YAVG.NEO's 21.76% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GLCC.TO Global X Gold Producer Equity Covered Call ETF | 8.69% | 6.01% | 10.30% | 11.16% | 10.08% | 6.31% | 6.47% | 4.58% | 5.62% | 7.09% | 9.21% | 11.63% |
YAVG.NEO Broadcom (AVGO) Yield Shares Purpose ETF | 21.76% | 8.90% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
GLCC.TO and YAVG.NEO have a correlation of 0.20, 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: Global X and Purpose Investments.
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