PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
PDIV.TO vs. YAVG.NEO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

PDIV.TO vs. YAVG.NEO

Last updated Jun 5, 2026

PDIV.TO (Purpose Enhanced Dividend Fund ETF) and YAVG.NEO (Broadcom (AVGO) Yield Shares Purpose ETF) are both exchange-traded funds - PDIV.TO is a Dividend fund actively managed by Purpose Investments, while YAVG.NEO is a Derivative Income fund actively managed by Purpose Investments. Both are actively managed. Over the past year, PDIV.TO returned 19.54% vs 105.48% for YAVG.NEO. At a 0.20 correlation, their price movements are largely independent.

Performance

PDIV.TO vs. YAVG.NEO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Purpose Enhanced Dividend Fund ETF (PDIV.TO) and Broadcom (AVGO) Yield Shares Purpose ETF (YAVG.NEO). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, PDIV.TO achieves a 7.79% return, which is significantly lower than YAVG.NEO's 42.78% return.

PDIV.TO

1D
0.62%
1M
3.01%
YTD
7.79%
6M
8.18%
1Y
19.54%
3Y*
12.10%
5Y*
8.21%
10Y*
9.31%

YAVG.NEO

1D
-10.74%
1M
0.69%
YTD
42.78%
6M
30.18%
1Y
105.48%
3Y*
—
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

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

2026 (YTD)2025
PDIV.TO
Purpose Enhanced Dividend Fund ETF		7.79%12.88%
YAVG.NEO
Broadcom (AVGO) Yield Shares Purpose ETF		42.78%57.91%

Correlation

The correlation between PDIV.TO and YAVG.NEO is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.

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

0.15

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

0.20

Compare stocks, funds, or ETFs

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

Purpose Enhanced Dividend Fund ETF

Broadcom (AVGO) Yield Shares Purpose ETF

Often compared with PDIV.TO:
PDIV.TO vs. MNY.TOPDIV.TO vs. HDIV.TOPDIV.TO vs. VDY.TOPDIV.TO vs. SPYIPDIV.TO vs. HYLD.TOPDIV.TO vs. PDC.TOPDIV.TO vs. EBNK.TO
Often compared with YAVG.NEO:
YAVG.NEO vs. AVGY.TOYAVG.NEO vs. CBNK.TOYAVG.NEO vs. NXF.TOYAVG.NEO vs. UMAX.TOYAVG.NEO vs. RCDC.TOYAVG.NEO vs. PMM.TOYAVG.NEO vs. YNVD.NEO

Return for Risk

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

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
PDIV.TO
PDIV.TO Risk / Return Rank: 8585
Overall Rank
PDIV.TO Sharpe Ratio Rank: 8787
Sharpe Ratio Rank
PDIV.TO Sortino Ratio Rank: 8989
Sortino Ratio Rank
PDIV.TO Omega Ratio Rank: 9191
Omega Ratio Rank
PDIV.TO Calmar Ratio Rank: 7676
Calmar Ratio Rank
PDIV.TO Martin Ratio Rank: 8383
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.

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

This table presents a comparison of risk-adjusted performance metrics for Purpose Enhanced Dividend Fund ETF (PDIV.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.

PDIV.TOYAVG.NEODifference
Sharpe ratioReturn per unit of total volatility
2.88
2.16

+0.72

Sortino ratioReturn per unit of downside risk
4.00
2.93

+1.06

Omega ratioGain probability vs. loss probability

1.58

1.41

+0.17

Calmar ratioReturn relative to maximum drawdown

3.76

4.10

-0.34

Martin ratioReturn relative to average drawdown

16.60

12.10

+4.50

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

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

The current PDIV.TO Sharpe Ratio is 2.88, which is higher than the YAVG.NEO Sharpe Ratio of 2.16. The chart below compares the historical Sharpe Ratios of PDIV.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

PDIV.TOYAVG.NEODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.88

2.16

+0.72

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.84

—

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.67

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.62

1.67

-1.04

Drawdowns

PDIV.TO vs. YAVG.NEO - Drawdown Comparison

The maximum PDIV.TO drawdown since its inception was -30.64%, smaller than the maximum YAVG.NEO drawdown of -39.57%. Use the drawdown chart below to compare losses from any high point for PDIV.TO and YAVG.NEO.

Loading charts...

Drawdown Indicators

PDIV.TOYAVG.NEODifference

Max Drawdown

Largest peak-to-trough decline

-30.64%

-39.57%

+8.93%

Max Drawdown (1Y)

Largest decline over 1 year

-5.22%

-25.90%

+20.68%

Max Drawdown (3Y)

Largest decline over 3 years

-8.61%

—

—

Max Drawdown (5Y)

Largest decline over 5 years

-14.96%

—

—

Max Drawdown (10Y)

Largest decline over 10 years

-30.64%

—

—

Current Drawdown

Current decline from peak

-0.65%

-11.18%

+10.53%

Average Drawdown

Average peak-to-trough decline

-4.35%

-8.27%

+3.92%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.18%

8.75%

-7.57%

Volatility

PDIV.TO vs. YAVG.NEO - Volatility Comparison

The current volatility for Purpose Enhanced Dividend Fund ETF (PDIV.TO) is 2.47%, while Broadcom (AVGO) Yield Shares Purpose ETF (YAVG.NEO) has a volatility of 16.20%. This indicates that PDIV.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

PDIV.TOYAVG.NEODifference

Volatility (1M)

Calculated over the trailing 1-month period

2.47%

16.20%

-13.73%

Volatility (6M)

Calculated over the trailing 6-month period

5.39%

39.35%

-33.96%

Volatility (1Y)

Calculated over the trailing 1-year period

6.82%

49.06%

-42.24%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

9.87%

53.26%

-43.39%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

13.89%

53.26%

-39.37%

Dividends

PDIV.TO vs. YAVG.NEO - Dividend Comparison

PDIV.TO's dividend yield for the trailing twelve months is around 11.78%, less than YAVG.NEO's 24.38% yield.

PositionTTM20252024202320222021202020192018201720162015
PDIV.TO
Purpose Enhanced Dividend Fund ETF		11.78%12.24%12.35%11.84%6.38%5.59%6.33%5.85%6.80%25.71%5.38%8.10%
YAVG.NEO
Broadcom (AVGO) Yield Shares Purpose ETF		24.38%8.90%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

PDIV.TO and YAVG.NEO have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

PDIV.TO is categorized as Dividend, while YAVG.NEO is Derivative Income.

Portfolio Optimizer

Find the right allocation for PDIV.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