HVOI.TO vs. YAVG.NEO
HVOI.TO (Harvest Low Volatility Canadian Equity Income ETF Class A) and YAVG.NEO (Broadcom (AVGO) Yield Shares Purpose ETF) are both Derivative Income funds. Both are actively managed. Over the past year, HVOI.TO returned 20.16% vs 80.53% for YAVG.NEO. Their 0.03 correlation means their historical movements had little consistent relationship. HVOI.TO charges 0.89%/yr vs 1.19%/yr for YAVG.NEO.
Performance
HVOI.TO vs. YAVG.NEO - Performance Comparison
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Returns By Period
In the year-to-date period, HVOI.TO achieves a 11.03% return, which is significantly lower than YAVG.NEO's 44.89% return.
HVOI.TO
- 1D
- 0.28%
- 1M
- 1.05%
- 6M
- 11.45%
- YTD
- 11.03%
- 1Y
- 20.16%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 21.02%
YAVG.NEO
- 1D
- 13.56%
- 1M
- 19.71%
- 6M
- 56.88%
- YTD
- 44.89%
- 1Y
- 80.53%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 75.79%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| CA$34.24K | CA$36.50K | CA$47.47K | |
| CA$129.79K | CA$111.65K | CA$131.34K |
HVOI.TO vs. YAVG.NEO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
HVOI.TO Harvest Low Volatility Canadian Equity Income ETF Class A | 11.03% | 15.49% |
YAVG.NEO Broadcom (AVGO) Yield Shares Purpose ETF | 44.89% | 110.96% |
Correlation
The correlation between HVOI.TO and YAVG.NEO is 0.03, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.03 |
Correlation (All Time) Calculated using the full available price history since Apr 15, 2025 | 0.03 |
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Return for Risk
HVOI.TO vs. YAVG.NEO — Risk / Return Rank
HVOI.TO
YAVG.NEO
HVOI.TO vs. YAVG.NEO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Harvest Low Volatility Canadian Equity Income ETF Class A (HVOI.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.
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.
| HVOI.TO | YAVG.NEO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.88 | ||
| Sortino ratioReturn per unit of downside risk | +1.12 | ||
| Omega ratioGain probability vs. loss probability | 1.43 | 1.31 | +0.12 |
| Calmar ratioReturn relative to maximum drawdown | 3.01 | 3.14 | -0.13 |
| Martin ratioReturn relative to average drawdown | 12.03 | 7.06 | +4.97 |
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Drawdowns
HVOI.TO vs. YAVG.NEO - Drawdown Comparison
The maximum HVOI.TO drawdown since its inception was -6.72%, smaller than the maximum YAVG.NEO drawdown of -40.03%. Use the drawdown chart below to compare losses from any high point for HVOI.TO and YAVG.NEO.
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Drawdown Indicators
| HVOI.TO | YAVG.NEO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -6.72% | -40.03% | +33.31% |
Max Drawdown (1Y)Largest decline over 1 year | -6.72% | -25.90% | +19.18% |
Current DrawdownCurrent decline from peak | -1.03% | -9.87% | +8.84% |
Average DrawdownAverage peak-to-trough decline | -0.89% | -9.46% | +8.57% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.68% | 11.48% | -9.80% |
Volatility
HVOI.TO vs. YAVG.NEO - Volatility Comparison
The current volatility for Harvest Low Volatility Canadian Equity Income ETF Class A (HVOI.TO) is 2.18%, while Broadcom (AVGO) Yield Shares Purpose ETF (YAVG.NEO) has a volatility of 16.60%. This indicates that HVOI.TO experiences smaller price fluctuations and is considered to be less risky 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
| HVOI.TO | YAVG.NEO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.18% | 16.60% | -14.42% |
Volatility (6M)Calculated over the trailing 6-month period | 6.92% | 45.34% | -38.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.81% | 57.11% | -48.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.31% | 56.12% | -47.81% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.31% | 56.12% | -47.81% |
HVOI.TO vs. YAVG.NEO - Expense Ratio Comparison
HVOI.TO has a 0.89% expense ratio, which is lower than YAVG.NEO's 1.19% expense ratio.
Dividends
HVOI.TO vs. YAVG.NEO - Dividend Comparison
HVOI.TO's dividend yield for the trailing twelve months is around 6.69%, less than YAVG.NEO's 27.31% yield.
| Position | TTM | 2025 |
|---|---|---|
HVOI.TO Harvest Low Volatility Canadian Equity Income ETF Class A | 6.69% | 4.76% |
YAVG.NEO Broadcom (AVGO) Yield Shares Purpose ETF | 27.31% | 8.90% |
Frequently Asked Questions
HVOI.TO and YAVG.NEO have a correlation of 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, HVOI.TO is cheaper at 0.89% per year. The better choice depends on whether you care most about return, fees, risk, or income.
HVOI.TO is cheaper with a 0.89% expense ratio, compared with 1.19% for YAVG.NEO.
They also come from different issuers: Harvest and Purpose. Their fees differ too: 0.89% for HVOI.TO and 1.19% for YAVG.NEO.
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