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NVHE.TO vs. YAVG.NEO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

NVHE.TO vs. YAVG.NEO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Harvest NVIDIA Enhanced High Income Shares ETF (NVHE.TO) and Broadcom (AVGO) Yield Shares Purpose ETF (YAVG.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, NVHE.TO achieves a 19.13% return, which is significantly lower than YAVG.NEO's 59.96% return.


NVHE.TO

1D
-3.24%
1M
10.90%
YTD
19.13%
6M
22.99%
1Y
63.05%
3Y*
5Y*
10Y*

YAVG.NEO

1D
-0.50%
1M
16.03%
YTD
59.96%
6M
46.17%
1Y
133.32%
3Y*
5Y*
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

NVHE.TO vs. YAVG.NEO - Yearly Performance Comparison


Correlation

The correlation between NVHE.TO and YAVG.NEO is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.


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

0.40

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

0.49

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Return for Risk

NVHE.TO vs. YAVG.NEO — Risk / Return Rank

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

NVHE.TO
NVHE.TO Risk / Return Rank: 5353
Overall Rank
NVHE.TO Sharpe Ratio Rank: 5353
Sharpe Ratio Rank
NVHE.TO Sortino Ratio Rank: 4848
Sortino Ratio Rank
NVHE.TO Omega Ratio Rank: 4747
Omega Ratio Rank
NVHE.TO Calmar Ratio Rank: 6969
Calmar Ratio Rank
NVHE.TO Martin Ratio Rank: 4949
Martin Ratio Rank

YAVG.NEO
YAVG.NEO Risk / Return Rank: 8484
Overall Rank
YAVG.NEO Sharpe Ratio Rank: 8686
Sharpe Ratio Rank
YAVG.NEO Sortino Ratio Rank: 8181
Sortino Ratio Rank
YAVG.NEO Omega Ratio Rank: 8383
Omega Ratio Rank
YAVG.NEO Calmar Ratio Rank: 8888
Calmar Ratio Rank
YAVG.NEO Martin Ratio Rank: 7979
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.

NVHE.TO vs. YAVG.NEO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Harvest NVIDIA Enhanced High Income Shares ETF (NVHE.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.


NVHE.TOYAVG.NEODifference
Sharpe ratioReturn per unit of total volatility

-0.98

Sortino ratioReturn per unit of downside risk

-1.23

Omega ratioGain probability vs. loss probability

1.30

1.50

-0.20

Calmar ratioReturn relative to maximum drawdown

3.44

5.18

-1.74

Martin ratioReturn relative to average drawdown

8.22

15.35

-7.13

NVHE.TO vs. YAVG.NEO - Sharpe Ratio Comparison

The current NVHE.TO Sharpe Ratio is 1.82, which is lower than the YAVG.NEO Sharpe Ratio of 2.81. The chart below compares the historical Sharpe Ratios of NVHE.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.


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Sharpe Ratios by Period


NVHE.TOYAVG.NEODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.82

2.81

-0.98

Sharpe Ratio (All Time)

Calculated using the full available price history

0.73

2.03

-1.30

Drawdowns

NVHE.TO vs. YAVG.NEO - Drawdown Comparison

The maximum NVHE.TO drawdown since its inception was -40.87%, roughly equal to the maximum YAVG.NEO drawdown of -39.57%. Use the drawdown chart below to compare losses from any high point for NVHE.TO and YAVG.NEO.


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Drawdown Indicators


NVHE.TOYAVG.NEODifference

Max Drawdown

Largest peak-to-trough decline

-40.87%

-39.57%

-1.30%

Max Drawdown (1Y)

Largest decline over 1 year

-18.41%

-25.90%

+7.49%

Current Drawdown

Current decline from peak

-6.82%

-0.50%

-6.32%

Average Drawdown

Average peak-to-trough decline

-9.56%

-8.26%

-1.30%

Ulcer Index

Depth and duration of drawdowns from previous peaks

7.69%

8.72%

-1.03%

Volatility

NVHE.TO vs. YAVG.NEO - Volatility Comparison

Harvest NVIDIA Enhanced High Income Shares ETF (NVHE.TO) and Broadcom (AVGO) Yield Shares Purpose ETF (YAVG.NEO) have volatilities of 11.69% 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


NVHE.TOYAVG.NEODifference

Volatility (1M)

Calculated over the trailing 1-month period

11.69%

11.15%

+0.54%

Volatility (6M)

Calculated over the trailing 6-month period

26.62%

37.61%

-10.99%

Volatility (1Y)

Calculated over the trailing 1-year period

34.87%

47.84%

-12.97%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

49.11%

52.43%

-3.32%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

49.11%

52.43%

-3.32%

Dividends

NVHE.TO vs. YAVG.NEO - Dividend Comparison

NVHE.TO's dividend yield for the trailing twelve months is around 21.19%, less than YAVG.NEO's 21.76% yield.


PositionTTM20252024
NVHE.TO
Harvest NVIDIA Enhanced High Income Shares ETF
21.19%21.62%7.29%
YAVG.NEO
Broadcom (AVGO) Yield Shares Purpose ETF
21.76%8.90%0.00%

Frequently Asked Questions


NVHE.TO and YAVG.NEO have a correlation of 0.40, 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.

Portfolio Optimizer

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