HUTE.TO vs. YGOG.NEO

Last updated Jul 18, 2026

HUTE.TO (Harvest Equal Weight Global Utilities Enhanced Income ETF) and YGOG.NEO (Alphabet (GOOGL) Yield Shares Purpose ETF) are both Derivative Income funds. Both are actively managed. Over the past 3 years, HUTE.TO returned 17.79%/yr vs 40.94%/yr for YGOG.NEO. At a correlation of -0.04, they often move in opposite directions. HUTE.TO charges 0.50%/yr vs 0.40%/yr for YGOG.NEO.

Performance

HUTE.TO vs. YGOG.NEO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Harvest Equal Weight Global Utilities Enhanced Income ETF (HUTE.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, HUTE.TO achieves a 14.28% return, which is significantly higher than YGOG.NEO's 7.83% return.

HUTE.TO

• 1D: 0.76%
• 1M: 3.68%
• 6M: 12.63%
• YTD: 14.28%
• 1Y: 20.60%
• 3Y*: 17.79%
• 5Y*: —
• 10Y*: —

YGOG.NEO

• 1D: -2.00%
• 1M: -4.79%
• 6M: 1.86%
• YTD: 7.83%
• 1Y: 92.76%
• 3Y*: 40.94%
• 5Y*: —
• 10Y*: —

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

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

	2026 (YTD)	2025	2024	2023	2022
HUTE.TO Harvest Equal Weight Global Utilities Enhanced Income ETF	14.28%	19.04%	18.16%	0.10%	2.67%
YGOG.NEO Alphabet (GOOGL) Yield Shares Purpose ETF	7.83%	69.46%	35.49%	56.09%	1.29%

Correlation

The correlation between HUTE.TO and YGOG.NEO is -0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.05
Correlation (3Y) Calculated over the trailing 3-year period	-0.08
Correlation (All Time) Calculated using the full available price history since Dec 20, 2022	-0.04

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

Sectors	HUTE.TO	YGOG.NEO
Utilities	40.4%	-
Communication Services	38.2%	100.0%
Energy	18.1%	-
Industrials	3.3%	-
Basic Materials	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Financial Services	-	-
Healthcare	-	-
Real Estate	-	-
Technology	-	-

Return for Risk

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

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

HUTE.TO

HUTE.TO Risk / Return Rank: 67
HUTE.TO Sharpe Ratio Rank: 65
HUTE.TO Sortino Ratio Rank: 65
HUTE.TO Omega Ratio Rank: 64
HUTE.TO Calmar Ratio Rank: 76
HUTE.TO Martin Ratio Rank: 63

YGOG.NEO

YGOG.NEO Risk / Return Rank: 91
YGOG.NEO Sharpe Ratio Rank: 94
YGOG.NEO Sortino Ratio Rank: 93
YGOG.NEO Omega Ratio Rank: 90
YGOG.NEO Calmar Ratio Rank: 91
YGOG.NEO Martin Ratio Rank: 86

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.

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

This table presents a comparison of risk-adjusted performance metrics for Harvest Equal Weight Global Utilities Enhanced Income ETF (HUTE.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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	HUTE.TO	YGOG.NEO	Difference
Sharpe ratio: Return per unit of total volatility	1.67	2.78	-1.11
Sortino ratio: Return per unit of downside risk	2.38	3.61	-1.24
Omega ratio: Gain probability vs. loss probability	1.30	1.45	-0.15
Calmar ratio: Return relative to maximum drawdown	3.02	4.28	-1.25
Martin ratio: Return relative to average drawdown	8.58	13.39	-4.82

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

The current HUTE.TO Sharpe Ratio is 1.67, which is lower than the YGOG.NEO Sharpe Ratio of 2.78. The chart below compares the historical Sharpe Ratios of HUTE.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.

Drawdowns

HUTE.TO vs. YGOG.NEO - Drawdown Comparison

The maximum HUTE.TO drawdown since its inception was -18.35%, smaller than the maximum YGOG.NEO drawdown of -34.24%. Use the drawdown chart below to compare losses from any high point for HUTE.TO and YGOG.NEO.

Drawdown Indicators

	HUTE.TO	YGOG.NEO	Difference
Max Drawdown Largest peak-to-trough decline	-18.35%	-34.24%	+15.89%
Max Drawdown (1Y) Largest decline over 1 year	-6.85%	-21.82%	+14.97%
Max Drawdown (3Y) Largest decline over 3 years	-13.25%	-34.24%	+20.99%
Current Drawdown Current decline from peak	-2.86%	-14.19%	+11.33%
Average Drawdown Average peak-to-trough decline	-3.91%	-7.66%	+3.75%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.41%	6.95%	-4.54%

Volatility

HUTE.TO vs. YGOG.NEO - Volatility Comparison

The current volatility for Harvest Equal Weight Global Utilities Enhanced Income ETF (HUTE.TO) is 4.71%, while Alphabet (GOOGL) Yield Shares Purpose ETF (YGOG.NEO) has a volatility of 13.21%. This indicates that HUTE.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

	HUTE.TO	YGOG.NEO	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.71%	13.21%	-8.50%
Volatility (6M) Calculated over the trailing 6-month period	10.66%	25.43%	-14.77%
Volatility (1Y) Calculated over the trailing 1-year period	12.35%	33.52%	-21.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.62%	33.12%	-18.50%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.62%	33.12%	-18.50%

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

HUTE.TO has a 0.50% expense ratio, which is higher than YGOG.NEO's 0.40% expense ratio.

Dividends

HUTE.TO vs. YGOG.NEO - Dividend Comparison

HUTE.TO's dividend yield for the trailing twelve months is around 9.20%, more than YGOG.NEO's 9.07% yield.

Position	TTM	2025	2024	2023	2022
HUTE.TO Harvest Equal Weight Global Utilities Enhanced Income ETF	9.20%	9.64%	10.24%	10.72%	1.61%
YGOG.NEO Alphabet (GOOGL) Yield Shares Purpose ETF	9.07%	5.84%	6.63%	7.24%	0.91%

Frequently Asked Questions

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

HUTE.TO and YGOG.NEO have a correlation of -0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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

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.

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

YGOG.NEO is cheaper with a 0.40% expense ratio, compared with 0.50% for HUTE.TO.

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

They also come from different issuers: Harvest and Purpose. Their fees differ too: 0.50% for HUTE.TO and 0.40% for YGOG.NEO.