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HBF.TO vs. YGOG.NEO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

HBF.TO vs. YGOG.NEO

Last updated Jun 4, 2026

HBF.TO (Harvest US Equity Leaders Income ETF Class A (CAD Hedged)) and YGOG.NEO (Alphabet (GOOGL) Yield Shares Purpose ETF) are both Derivative Income funds. Both are actively managed. Over the past 3 years, HBF.TO returned 14.19%/yr vs 45.35%/yr for YGOG.NEO. At a 0.47 correlation, their price movements are largely independent. HBF.TO charges 0.75%/yr vs 0.40%/yr for YGOG.NEO.

Performance

HBF.TO vs. YGOG.NEO - Performance Comparison

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

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Returns By Period

In the year-to-date period, HBF.TO achieves a 8.15% return, which is significantly lower than YGOG.NEO's 10.76% return.

HBF.TO

1D
-1.15%
1M
3.49%
YTD
8.15%
6M
7.25%
1Y
25.20%
3Y*
14.19%
5Y*
7.67%
10Y*
11.18%

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)

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

2026 (YTD)2025202420232022
HBF.TO
Harvest US Equity Leaders Income ETF Class A (CAD Hedged)		8.15%15.51%13.12%11.23%1.31%
YGOG.NEO
Alphabet (GOOGL) Yield Shares Purpose ETF		10.76%69.45%46.37%56.07%1.18%

Correlation

The correlation between HBF.TO and YGOG.NEO is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.46

Correlation (3Y)
Calculated over the trailing 3-year period

0.46

Correlation (All Time)
Calculated using the full available price history since Dec 20, 2022

0.47

HBF.TO vs. YGOG.NEO - Sectors Allocation Comparison

Sectors
HBF.TO
YGOG.NEO

Technology

29.5%

-

Financial Services

19.7%

-

Consumer Defensive

15.1%

-

Communication Services

10.4%
100.0%

Consumer Cyclical

9.9%

-

Industrials

5.4%

-

Energy

5.1%

-

Healthcare

5.0%

-

Basic Materials

-

-

Real Estate

-

-

Utilities

-

-

Technology

HBF.TO
29.5%
YGOG.NEO

-

Financial Services

HBF.TO
19.7%
YGOG.NEO

-

Consumer Defensive

HBF.TO
15.1%
YGOG.NEO

-

Communication Services

HBF.TO
10.4%
YGOG.NEO
100.0%

Consumer Cyclical

HBF.TO
9.9%
YGOG.NEO

-

Industrials

HBF.TO
5.4%
YGOG.NEO

-

Energy

HBF.TO
5.1%
YGOG.NEO

-

Healthcare

HBF.TO
5.0%
YGOG.NEO

-

Basic Materials

HBF.TO

-

YGOG.NEO

-

Real Estate

HBF.TO

-

YGOG.NEO

-

Utilities

HBF.TO

-

YGOG.NEO

-

Compare stocks, funds, or ETFs

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Harvest US Equity Leaders Income ETF Class A (CAD Hedged)

Alphabet (GOOGL) Yield Shares Purpose ETF

Often compared with HBF.TO:
HBF.TO vs. RUD.TOHBF.TO vs. XTOT.TOHBF.TO vs. HPYE.TOHBF.TO vs. HPYB.TOHBF.TO vs. METE.TOHBF.TO vs. FLUS.TOHBF.TO vs. CNQE.TO
Often compared with YGOG.NEO:
YGOG.NEO vs. MSHE.TOYGOG.NEO vs. CBNK.TOYGOG.NEO vs. HLIF.TOYGOG.NEO vs. GOGY.TOYGOG.NEO vs. UMAX.TOYGOG.NEO vs. TEC.TOYGOG.NEO vs. TXF.TO

Return for Risk

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

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
HBF.TO
HBF.TO Risk / Return Rank: 7474
Overall Rank
HBF.TO Sharpe Ratio Rank: 7676
Sharpe Ratio Rank
HBF.TO Sortino Ratio Rank: 7979
Sortino Ratio Rank
HBF.TO Omega Ratio Rank: 7575
Omega Ratio Rank
HBF.TO Calmar Ratio Rank: 6666
Calmar Ratio Rank
HBF.TO Martin Ratio Rank: 7272
Martin Ratio Rank
YGOG.NEO
YGOG.NEO Risk / Return Rank: 9292
Overall Rank
YGOG.NEO Sharpe Ratio Rank: 9595
Sharpe Ratio Rank
YGOG.NEO Sortino Ratio Rank: 9494
Sortino Ratio Rank
YGOG.NEO Omega Ratio Rank: 9292
Omega Ratio Rank
YGOG.NEO Calmar Ratio Rank: 9090
Calmar Ratio Rank
YGOG.NEO Martin Ratio Rank: 9090
Martin Ratio Rank
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.

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

This table presents a comparison of risk-adjusted performance metrics for Harvest US Equity Leaders Income ETF Class A (CAD Hedged) (HBF.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.

HBF.TOYGOG.NEODifference
Sharpe ratioReturn per unit of total volatility
2.46
3.77

-1.31

Sortino ratioReturn per unit of downside risk
3.52
4.77

-1.25

Omega ratioGain probability vs. loss probability

1.44

1.61

-0.16

Calmar ratioReturn relative to maximum drawdown

3.25

5.52

-2.27

Martin ratioReturn relative to average drawdown

13.35

20.61

-7.26

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

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

The current HBF.TO Sharpe Ratio is 2.46, which is lower than the YGOG.NEO Sharpe Ratio of 3.77. The chart below compares the historical Sharpe Ratios of HBF.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.

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Sharpe Ratios by Period

HBF.TOYGOG.NEODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.46

3.77

-1.31

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.55

—

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.66

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.50

1.62

-1.12

Drawdowns

HBF.TO vs. YGOG.NEO - Drawdown Comparison

The maximum HBF.TO drawdown since its inception was -35.28%, which is greater than YGOG.NEO's maximum drawdown of -33.45%. Use the drawdown chart below to compare losses from any high point for HBF.TO and YGOG.NEO.

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Drawdown Indicators

HBF.TOYGOG.NEODifference

Max Drawdown

Largest peak-to-trough decline

-35.28%

-33.45%

-1.83%

Max Drawdown (1Y)

Largest decline over 1 year

-7.79%

-21.82%

+14.03%

Max Drawdown (3Y)

Largest decline over 3 years

-15.21%

-33.45%

+18.24%

Max Drawdown (5Y)

Largest decline over 5 years

-23.69%

—

—

Max Drawdown (10Y)

Largest decline over 10 years

-35.28%

—

—

Current Drawdown

Current decline from peak

-1.15%

-11.86%

+10.71%

Average Drawdown

Average peak-to-trough decline

-6.77%

-7.59%

+0.82%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.89%

5.83%

-3.94%

Volatility

HBF.TO vs. YGOG.NEO - Volatility Comparison

The current volatility for Harvest US Equity Leaders Income ETF Class A (CAD Hedged) (HBF.TO) is 2.65%, while Alphabet (GOOGL) Yield Shares Purpose ETF (YGOG.NEO) has a volatility of 11.10%. This indicates that HBF.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.

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Volatility by Period

HBF.TOYGOG.NEODifference

Volatility (1M)

Calculated over the trailing 1-month period

2.65%

11.10%

-8.45%

Volatility (6M)

Calculated over the trailing 6-month period

7.79%

22.75%

-14.96%

Volatility (1Y)

Calculated over the trailing 1-year period

10.29%

32.02%

-21.73%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.07%

32.94%

-18.87%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.95%

32.94%

-15.99%

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

HBF.TO has a 0.75% expense ratio, which is higher than YGOG.NEO's 0.40% expense ratio.

Dividends

HBF.TO vs. YGOG.NEO - Dividend Comparison

HBF.TO's dividend yield for the trailing twelve months is around 7.41%, less than YGOG.NEO's 8.15% yield.

PositionTTM20252024202320222021202020192018201720162015
HBF.TO
Harvest US Equity Leaders Income ETF Class A (CAD Hedged)		7.41%7.27%7.48%7.52%7.75%5.62%6.34%6.57%7.72%6.86%7.54%7.74%
YGOG.NEO
Alphabet (GOOGL) Yield Shares Purpose ETF		8.15%5.84%14.19%7.22%0.91%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

HBF.TO and YGOG.NEO have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, YGOG.NEO is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.

YGOG.NEO is cheaper with a 0.40% expense ratio, compared with 0.75% for HBF.TO.

They also come from different issuers: Harvest Portfolios Group and Purpose. Their fees differ too: 0.75% for HBF.TO and 0.40% for YGOG.NEO.

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