MSHE.TO vs. YAVG.NEO
MSHE.TO (Harvest Microsoft Enhanced High Income Shares ETF - Class A Units) and YAVG.NEO (Broadcom (AVGO) Yield Shares Purpose ETF) are both Derivative Income funds. Both are actively managed. Over the past year, MSHE.TO returned -8.22% vs 133.32% for YAVG.NEO. At a 0.41 correlation, their price movements are largely independent.
Performance
MSHE.TO vs. YAVG.NEO - Performance Comparison
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Returns By Period
In the year-to-date period, MSHE.TO achieves a -13.46% return, which is significantly lower than YAVG.NEO's 59.96% return.
MSHE.TO
- 1D
- -2.54%
- 1M
- 6.93%
- YTD
- -13.46%
- 6M
- -13.17%
- 1Y
- -8.22%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
YAVG.NEO
- 1D
- -0.50%
- 1M
- 16.03%
- YTD
- 59.96%
- 6M
- 46.17%
- 1Y
- 133.32%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
MSHE.TO vs. YAVG.NEO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
MSHE.TO Harvest Microsoft Enhanced High Income Shares ETF - Class A Units | -13.46% | 11.79% |
YAVG.NEO Broadcom (AVGO) Yield Shares Purpose ETF | 59.96% | 57.91% |
Correlation
The correlation between MSHE.TO and YAVG.NEO is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.36 |
Correlation (All Time) Calculated using the full available price history since Feb 21, 2025 | 0.41 |
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Return for Risk
MSHE.TO vs. YAVG.NEO — Risk / Return Rank
MSHE.TO
YAVG.NEO
MSHE.TO vs. YAVG.NEO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Harvest Microsoft Enhanced High Income Shares ETF - Class A Units (MSHE.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.
| MSHE.TO | YAVG.NEO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.11 | ||
| Sortino ratioReturn per unit of downside risk | -3.85 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 1.50 | -0.53 |
| Calmar ratioReturn relative to maximum drawdown | -0.22 | 5.18 | -5.40 |
| Martin ratioReturn relative to average drawdown | -0.45 | 15.35 | -15.80 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| MSHE.TO | YAVG.NEO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.30 | 2.81 | -3.11 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.01 | 2.03 | -2.04 |
Drawdowns
MSHE.TO vs. YAVG.NEO - Drawdown Comparison
The maximum MSHE.TO drawdown since its inception was -37.62%, roughly equal to the maximum YAVG.NEO drawdown of -39.57%. Use the drawdown chart below to compare losses from any high point for MSHE.TO and YAVG.NEO.
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Drawdown Indicators
| MSHE.TO | YAVG.NEO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.62% | -39.57% | +1.95% |
Max Drawdown (1Y)Largest decline over 1 year | -37.62% | -25.90% | -11.72% |
Current DrawdownCurrent decline from peak | -23.77% | -0.50% | -23.27% |
Average DrawdownAverage peak-to-trough decline | -11.19% | -8.26% | -2.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 18.36% | 8.72% | +9.64% |
Volatility
MSHE.TO vs. YAVG.NEO - Volatility Comparison
Harvest Microsoft Enhanced High Income Shares ETF - Class A Units (MSHE.TO) and Broadcom (AVGO) Yield Shares Purpose ETF (YAVG.NEO) have volatilities of 11.24% and 11.15%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MSHE.TO | YAVG.NEO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.24% | 11.15% | +0.09% |
Volatility (6M)Calculated over the trailing 6-month period | 24.57% | 37.61% | -13.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.13% | 47.84% | -20.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.27% | 52.43% | -24.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.27% | 52.43% | -24.16% |
Dividends
MSHE.TO vs. YAVG.NEO - Dividend Comparison
MSHE.TO's dividend yield for the trailing twelve months is around 21.77%, which matches YAVG.NEO's 21.76% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
MSHE.TO Harvest Microsoft Enhanced High Income Shares ETF - Class A Units | 21.77% | 17.17% | 5.28% |
YAVG.NEO Broadcom (AVGO) Yield Shares Purpose ETF | 21.76% | 8.90% | 0.00% |
Frequently Asked Questions
MSHE.TO and YAVG.NEO have a correlation of 0.36, 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: Harvest and Purpose Investments.
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