PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
HYLD-U.TO vs. YAVG.NEO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

HYLD-U.TO vs. YAVG.NEO

Last updated Jun 5, 2026

HYLD-U.TO (Hamilton Enhanced U.S. Covered Call ETF (USD)) and YAVG.NEO (Broadcom (AVGO) Yield Shares Purpose ETF) are both Derivative Income funds. Both are actively managed. Over the past year, HYLD-U.TO returned 39.59% vs 101.90% for YAVG.NEO. A 0.51 correlation means they provide meaningful diversification when combined.

Performance

HYLD-U.TO vs. YAVG.NEO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hamilton Enhanced U.S. Covered Call ETF (USD) (HYLD-U.TO) and Broadcom (AVGO) Yield Shares Purpose ETF (YAVG.NEO). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Different Trading Currencies

HYLD-U.TO is traded in USD, while YAVG.NEO is traded in CAD. To make them comparable, the YAVG.NEO values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, HYLD-U.TO achieves a 15.25% return, which is significantly lower than YAVG.NEO's 40.93% return.

HYLD-U.TO

1D
0.11%
1M
6.20%
YTD
15.25%
6M
14.75%
1Y
39.59%
3Y*
21.67%
5Y*
—
10Y*
—

YAVG.NEO

1D
-10.83%
1M
-0.63%
YTD
40.93%
6M
25.92%
1Y
101.90%
3Y*
—
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

HYLD-U.TO vs. YAVG.NEO - Yearly Performance Comparison

2026 (YTD)2025
HYLD-U.TO
Hamilton Enhanced U.S. Covered Call ETF (USD)		15.25%15.17%
YAVG.NEO
Broadcom (AVGO) Yield Shares Purpose ETF		40.93%63.11%

Correlation

The correlation between HYLD-U.TO and YAVG.NEO is 0.50, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

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

0.50

Correlation (All Time)
Calculated using the full available price history since Feb 21, 2025

0.51

The correlation between HYLD-U.TO and YAVG.NEO has been stable across timeframes, ranging from 0.50 to 0.51 - a consistent structural relationship.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Hamilton Enhanced U.S. Covered Call ETF (USD)

Broadcom (AVGO) Yield Shares Purpose ETF

Often compared with HYLD-U.TO:
HYLD-U.TO vs. LMAX.TOHYLD-U.TO vs. USCL.TOHYLD-U.TO vs. HLIF.TOHYLD-U.TO vs. CRCY.TOHYLD-U.TO vs. HBIL.TOHYLD-U.TO vs. FMAX.TOHYLD-U.TO vs. QMVP.TO
Often compared with YAVG.NEO:
YAVG.NEO vs. CBNK.TOYAVG.NEO vs. AVGY.TOYAVG.NEO vs. NXF.TOYAVG.NEO vs. UMAX.TOYAVG.NEO vs. RCDC.TOYAVG.NEO vs. YNVD.NEOYAVG.NEO vs. SBT.TO

Return for Risk

HYLD-U.TO vs. YAVG.NEO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
HYLD-U.TO
HYLD-U.TO Risk / Return Rank: 7474
Overall Rank
HYLD-U.TO Sharpe Ratio Rank: 8080
Sharpe Ratio Rank
HYLD-U.TO Sortino Ratio Rank: 7878
Sortino Ratio Rank
HYLD-U.TO Omega Ratio Rank: 7777
Omega Ratio Rank
HYLD-U.TO Calmar Ratio Rank: 6262
Calmar Ratio Rank
HYLD-U.TO Martin Ratio Rank: 7171
Martin Ratio Rank
YAVG.NEO
YAVG.NEO Risk / Return Rank: 7070
Overall Rank
YAVG.NEO Sharpe Ratio Rank: 6767
Sharpe Ratio Rank
YAVG.NEO Sortino Ratio Rank: 6464
Sortino Ratio Rank
YAVG.NEO Omega Ratio Rank: 7171
Omega Ratio Rank
YAVG.NEO Calmar Ratio Rank: 8080
Calmar Ratio Rank
YAVG.NEO Martin Ratio Rank: 6767
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.

HYLD-U.TO vs. YAVG.NEO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hamilton Enhanced U.S. Covered Call ETF (USD) (HYLD-U.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.

HYLD-U.TOYAVG.NEODifference
Sharpe ratioReturn per unit of total volatility
2.55
2.05

+0.50

Sortino ratioReturn per unit of downside risk
3.45
2.84

+0.62

Omega ratioGain probability vs. loss probability

1.45

1.39

+0.06

Calmar ratioReturn relative to maximum drawdown

3.06

4.03

-0.97

Martin ratioReturn relative to average drawdown

13.05

11.54

+1.52

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

HYLD-U.TO vs. YAVG.NEO - Sharpe Ratio Comparison

The current HYLD-U.TO Sharpe Ratio is 2.55, which is comparable to the YAVG.NEO Sharpe Ratio of 2.05. The chart below compares the historical Sharpe Ratios of HYLD-U.TO and YAVG.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.

Loading charts...

Sharpe Ratios by Period

HYLD-U.TOYAVG.NEODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.55

2.05

+0.50

Sharpe Ratio (All Time)

Calculated using the full available price history

0.59

1.68

-1.08

Drawdowns

HYLD-U.TO vs. YAVG.NEO - Drawdown Comparison

The maximum HYLD-U.TO drawdown since its inception was -31.64%, smaller than the maximum YAVG.NEO drawdown of -39.79%. Use the drawdown chart below to compare losses from any high point for HYLD-U.TO and YAVG.NEO.

Loading charts...

Drawdown Indicators

HYLD-U.TOYAVG.NEODifference

Max Drawdown

Largest peak-to-trough decline

-31.64%

-39.79%

+8.15%

Max Drawdown (1Y)

Largest decline over 1 year

-12.46%

-25.46%

+13.00%

Max Drawdown (3Y)

Largest decline over 3 years

-22.66%

—

—

Current Drawdown

Current decline from peak

-0.06%

-11.59%

+11.53%

Average Drawdown

Average peak-to-trough decline

-9.72%

-8.31%

-1.41%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.92%

8.87%

-5.95%

Volatility

HYLD-U.TO vs. YAVG.NEO - Volatility Comparison

The current volatility for Hamilton Enhanced U.S. Covered Call ETF (USD) (HYLD-U.TO) is 4.18%, while Broadcom (AVGO) Yield Shares Purpose ETF (YAVG.NEO) has a volatility of 16.20%. This indicates that HYLD-U.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.

Loading charts...

Volatility by Period

HYLD-U.TOYAVG.NEODifference

Volatility (1M)

Calculated over the trailing 1-month period

4.18%

16.20%

-12.02%

Volatility (6M)

Calculated over the trailing 6-month period

11.81%

40.35%

-28.54%

Volatility (1Y)

Calculated over the trailing 1-year period

14.98%

50.18%

-35.20%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

19.73%

54.64%

-34.91%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

19.73%

54.64%

-34.91%

Dividends

HYLD-U.TO vs. YAVG.NEO - Dividend Comparison

HYLD-U.TO's dividend yield for the trailing twelve months is around 7.56%, less than YAVG.NEO's 24.38% yield.

PositionTTM2025202420232022
HYLD-U.TO
Hamilton Enhanced U.S. Covered Call ETF (USD)		7.56%8.06%8.49%8.82%9.99%
YAVG.NEO
Broadcom (AVGO) Yield Shares Purpose ETF		24.38%8.90%0.00%0.00%0.00%

Frequently Asked Questions

HYLD-U.TO and YAVG.NEO have a correlation of 0.50, 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: Hamilton and Purpose Investments.

Portfolio Optimizer

Find the right allocation for HYLD-U.TO and YAVG.NEO

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer