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PLTE.TO vs. BKCL.TO
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

PLTE.TO vs. BKCL.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Harvest Palantir Enhanced High Income Shares ETF (PLTE.TO) and Global X Enhanced Equal Weight Canadian Banks Covered Call ETF (BKCL.TO). The values are adjusted to include any dividend payments, if applicable.

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PLTE.TO vs. BKCL.TO - Yearly Performance Comparison


Returns By Period

In the year-to-date period, PLTE.TO achieves a -20.02% return, which is significantly lower than BKCL.TO's 3.20% return.


PLTE.TO

1D
0.16%
1M
2.64%
YTD
-20.02%
6M
-20.70%
1Y
74.41%
3Y*
5Y*
10Y*

BKCL.TO

1D
1.29%
1M
-3.16%
YTD
3.20%
6M
15.09%
1Y
45.36%
3Y*
5Y*
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

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PLTE.TO vs. BKCL.TO - Expense Ratio Comparison

PLTE.TO has a 0.40% expense ratio, which is lower than BKCL.TO's 1.68% expense ratio.


Return for Risk

PLTE.TO vs. BKCL.TO — Risk / Return Rank

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

PLTE.TO
PLTE.TO Risk / Return Rank: 6161
Overall Rank
PLTE.TO Sharpe Ratio Rank: 6565
Sharpe Ratio Rank
PLTE.TO Sortino Ratio Rank: 6969
Sortino Ratio Rank
PLTE.TO Omega Ratio Rank: 6161
Omega Ratio Rank
PLTE.TO Calmar Ratio Rank: 6565
Calmar Ratio Rank
PLTE.TO Martin Ratio Rank: 4343
Martin Ratio Rank

BKCL.TO
BKCL.TO Risk / Return Rank: 9797
Overall Rank
BKCL.TO Sharpe Ratio Rank: 9797
Sharpe Ratio Rank
BKCL.TO Sortino Ratio Rank: 9898
Sortino Ratio Rank
BKCL.TO Omega Ratio Rank: 9898
Omega Ratio Rank
BKCL.TO Calmar Ratio Rank: 9696
Calmar Ratio Rank
BKCL.TO Martin Ratio Rank: 9797
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.

PLTE.TO vs. BKCL.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Harvest Palantir Enhanced High Income Shares ETF (PLTE.TO) and Global X Enhanced Equal Weight Canadian Banks Covered Call ETF (BKCL.TO). 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.


PLTE.TOBKCL.TODifference

Sharpe ratio

Return per unit of total volatility

1.19

3.11

-1.92

Sortino ratio

Return per unit of downside risk

1.79

4.03

-2.24

Omega ratio

Gain probability vs. loss probability

1.24

1.65

-0.42

Calmar ratio

Return relative to maximum drawdown

1.75

4.60

-2.85

Martin ratio

Return relative to average drawdown

4.33

19.42

-15.09

PLTE.TO vs. BKCL.TO - Sharpe Ratio Comparison

The current PLTE.TO Sharpe Ratio is 1.19, which is lower than the BKCL.TO Sharpe Ratio of 3.11. The chart below compares the historical Sharpe Ratios of PLTE.TO and BKCL.TO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


PLTE.TOBKCL.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.19

3.11

-1.92

Sharpe Ratio (All Time)

Calculated using the full available price history

1.19

1.76

-0.57

Correlation

The correlation between PLTE.TO and BKCL.TO is 0.38, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Dividends

PLTE.TO vs. BKCL.TO - Dividend Comparison

PLTE.TO's dividend yield for the trailing twelve months is around 38.27%, more than BKCL.TO's 12.67% yield.


TTM202520242023
PLTE.TO
Harvest Palantir Enhanced High Income Shares ETF
38.27%23.70%0.00%0.00%
BKCL.TO
Global X Enhanced Equal Weight Canadian Banks Covered Call ETF
12.67%12.60%15.02%7.91%

Drawdowns

PLTE.TO vs. BKCL.TO - Drawdown Comparison

The maximum PLTE.TO drawdown since its inception was -43.92%, which is greater than BKCL.TO's maximum drawdown of -16.58%. Use the drawdown chart below to compare losses from any high point for PLTE.TO and BKCL.TO.


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Drawdown Indicators


PLTE.TOBKCL.TODifference

Max Drawdown

Largest peak-to-trough decline

-43.92%

-16.58%

-27.34%

Max Drawdown (1Y)

Largest decline over 1 year

-41.32%

-9.90%

-31.42%

Current Drawdown

Current decline from peak

-30.91%

-4.54%

-26.37%

Average Drawdown

Average peak-to-trough decline

-14.85%

-2.78%

-12.07%

Ulcer Index

Depth and duration of drawdowns from previous peaks

16.72%

2.35%

+14.37%

Volatility

PLTE.TO vs. BKCL.TO - Volatility Comparison

Harvest Palantir Enhanced High Income Shares ETF (PLTE.TO) has a higher volatility of 15.08% compared to Global X Enhanced Equal Weight Canadian Banks Covered Call ETF (BKCL.TO) at 7.21%. This indicates that PLTE.TO's price experiences larger fluctuations and is considered to be riskier than BKCL.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


PLTE.TOBKCL.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

15.08%

7.21%

+7.87%

Volatility (6M)

Calculated over the trailing 6-month period

41.13%

10.58%

+30.55%

Volatility (1Y)

Calculated over the trailing 1-year period

62.94%

14.65%

+48.29%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

70.58%

13.09%

+57.49%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

70.58%

13.09%

+57.49%