GOGY.TO vs. YGOG.NEO

Last updated Jun 4, 2026

GOGY.TO (Harvest Alphabet Enhanced High Income Shares ETF Class A Units) and YGOG.NEO (Alphabet (GOOGL) Yield Shares Purpose ETF) are both Derivative Income funds. Both are actively managed. Over the past year, GOGY.TO returned 123.99% vs 119.67% for YGOG.NEO. Their correlation of 0.90 suggests significant overlap in exposure. Both charge a 0.40% expense ratio.

Performance

GOGY.TO vs. YGOG.NEO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Harvest Alphabet Enhanced High Income Shares ETF Class A Units (GOGY.TO) and Alphabet (GOOGL) Yield Shares Purpose ETF (YGOG.NEO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GOGY.TO achieves a 14.33% return, which is significantly higher than YGOG.NEO's 10.76% return.

GOGY.TO

• 1D: -0.88%
• 1M: -5.59%
• YTD: 14.33%
• 6M: 10.62%
• 1Y: 123.99%
• 3Y*: —
• 5Y*: —
• 10Y*: —

YGOG.NEO

• 1D: -0.97%
• 1M: -7.79%
• YTD: 10.76%
• 6M: 8.82%
• 1Y: 119.67%
• 3Y*: 45.35%
• 5Y*: —
• 10Y*: —

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

GOGY.TO vs. YGOG.NEO - Yearly Performance Comparison

	2026 (YTD)	2025
GOGY.TO Harvest Alphabet Enhanced High Income Shares ETF Class A Units	14.33%	80.98%
YGOG.NEO Alphabet (GOOGL) Yield Shares Purpose ETF	10.76%	87.32%

Correlation

The correlation between GOGY.TO and YGOG.NEO is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.90
Correlation (All Time) Calculated using the full available price history since Mar 7, 2025	0.90

The correlation between GOGY.TO and YGOG.NEO has been stable across timeframes, ranging from 0.90 to 0.90 - a consistent structural relationship.

Return for Risk

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

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

GOGY.TO

GOGY.TO Risk / Return Rank: 93
GOGY.TO Sharpe Ratio Rank: 96
GOGY.TO Sortino Ratio Rank: 95
GOGY.TO Omega Ratio Rank: 92
GOGY.TO Calmar Ratio Rank: 92
GOGY.TO Martin Ratio Rank: 92

YGOG.NEO

YGOG.NEO Risk / Return Rank: 92
YGOG.NEO Sharpe Ratio Rank: 95
YGOG.NEO Sortino Ratio Rank: 94
YGOG.NEO Omega Ratio Rank: 92
YGOG.NEO Calmar Ratio Rank: 90
YGOG.NEO Martin Ratio Rank: 90

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.

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

This table presents a comparison of risk-adjusted performance metrics for Harvest Alphabet Enhanced High Income Shares ETF Class A Units (GOGY.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.

	GOGY.TO	YGOG.NEO	Difference
Sharpe ratio Return per unit of total volatility	4.08	3.77	+0.31
Sortino ratio Return per unit of downside risk	5.07	4.77	+0.30
Omega ratio Gain probability vs. loss probability	1.62	1.61	+0.01
Calmar ratio Return relative to maximum drawdown	6.19	5.52	+0.67
Martin ratio Return relative to average drawdown	22.77	20.61	+2.16
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GOGY.TO vs. YGOG.NEO - Sharpe Ratio Comparison

The current GOGY.TO Sharpe Ratio is 4.08, which is comparable to the YGOG.NEO Sharpe Ratio of 3.77. The chart below compares the historical Sharpe Ratios of GOGY.TO and YGOG.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

	GOGY.TO	YGOG.NEO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	4.08	3.77	+0.31
Sharpe Ratio (All Time) Calculated using the full available price history	2.31	1.62	+0.69

Drawdowns

GOGY.TO vs. YGOG.NEO - Drawdown Comparison

The maximum GOGY.TO drawdown since its inception was -20.87%, smaller than the maximum YGOG.NEO drawdown of -33.45%. Use the drawdown chart below to compare losses from any high point for GOGY.TO and YGOG.NEO.

Drawdown Indicators

	GOGY.TO	YGOG.NEO	Difference
Max Drawdown Largest peak-to-trough decline	-20.87%	-33.45%	+12.58%
Max Drawdown (1Y) Largest decline over 1 year	-20.14%	-21.82%	+1.68%
Max Drawdown (3Y) Largest decline over 3 years	—	-33.45%	—
Current Drawdown Current decline from peak	-10.57%	-11.86%	+1.29%
Average Drawdown Average peak-to-trough decline	-5.07%	-7.59%	+2.52%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.47%	5.83%	-0.36%

Volatility

GOGY.TO vs. YGOG.NEO - Volatility Comparison

The current volatility for Harvest Alphabet Enhanced High Income Shares ETF Class A Units (GOGY.TO) is 9.16%, while Alphabet (GOOGL) Yield Shares Purpose ETF (YGOG.NEO) has a volatility of 11.10%. This indicates that GOGY.TO experiences smaller price fluctuations and is considered to be less risky than YGOG.NEO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GOGY.TO	YGOG.NEO	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.16%	11.10%	-1.94%
Volatility (6M) Calculated over the trailing 6-month period	21.42%	22.75%	-1.33%
Volatility (1Y) Calculated over the trailing 1-year period	30.67%	32.02%	-1.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	34.61%	32.94%	+1.67%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	34.61%	32.94%	+1.67%

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

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

Dividends

GOGY.TO vs. YGOG.NEO - Dividend Comparison

GOGY.TO's dividend yield for the trailing twelve months is around 12.78%, more than YGOG.NEO's 8.15% yield.

Position	TTM	2025	2024	2023	2022
GOGY.TO Harvest Alphabet Enhanced High Income Shares ETF Class A Units	12.78%	8.04%	0.00%	0.00%	0.00%
YGOG.NEO Alphabet (GOOGL) Yield Shares Purpose ETF	8.15%	5.84%	14.19%	7.22%	0.91%

Frequently Asked Questions

Can I hold both GOGY.TO and YGOG.NEO in my portfolio?

With a correlation of 0.90, GOGY.TO and YGOG.NEO move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

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

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

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

They also come from different issuers: Harvest and Purpose.