PLYY vs. CNQE.TO

Last updated Jun 4, 2026

PLYY (GraniteShares YieldBoost PLTR ETF) and CNQE.TO (Harvest CNQ Enhanced High Income Shares ETF) are both Derivative Income funds. Both are actively managed. At a correlation of -0.07, they often move in opposite directions. PLYY charges 1.07%/yr vs 0.40%/yr for CNQE.TO.

Performance

PLYY vs. CNQE.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GraniteShares YieldBoost PLTR ETF (PLYY) and Harvest CNQ Enhanced High Income Shares ETF (CNQE.TO). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

PLYY is traded in USD, while CNQE.TO is traded in CAD. To make them comparable, the CNQE.TO values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, PLYY achieves a -23.83% return, which is significantly lower than CNQE.TO's 37.63% return.

PLYY

• 1D: -1.20%
• 1M: -8.23%
• YTD: -23.83%
• 6M: -25.34%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

CNQE.TO

• 1D: 1.42%
• 1M: 1.24%
• YTD: 37.63%
• 6M: 37.69%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

PLYY vs. CNQE.TO - Yearly Performance Comparison

	2026 (YTD)	2025
PLYY GraniteShares YieldBoost PLTR ETF	-23.83%	-3.53%
CNQE.TO Harvest CNQ Enhanced High Income Shares ETF	37.63%	5.42%

Correlation

The correlation between PLYY and CNQE.TO is -0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 24, 2025	-0.07

Return for Risk

PLYY vs. CNQE.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares YieldBoost PLTR ETF (PLYY) and Harvest CNQ Enhanced High Income Shares ETF (CNQE.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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	PLYY	CNQE.TO	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-1.21	2.49	-3.70

Drawdowns

PLYY vs. CNQE.TO - Drawdown Comparison

The maximum PLYY drawdown since its inception was -33.93%, which is greater than CNQE.TO's maximum drawdown of -17.10%. Use the drawdown chart below to compare losses from any high point for PLYY and CNQE.TO.

Drawdown Indicators

	PLYY	CNQE.TO	Difference
Max Drawdown Largest peak-to-trough decline	-33.93%	-17.10%	-16.83%
Current Drawdown Current decline from peak	-33.86%	-6.23%	-27.63%
Average Drawdown Average peak-to-trough decline	-18.04%	-3.94%	-14.10%

Volatility

Volatility by Period

	PLYY	CNQE.TO	Difference
Volatility (1Y) Calculated over the trailing 1-year period	29.86%	33.17%	-3.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.86%	33.17%	-3.31%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.86%	33.17%	-3.31%

PLYY vs. CNQE.TO - Expense Ratio Comparison

PLYY has a 1.07% expense ratio, which is higher than CNQE.TO's 0.40% expense ratio.

Dividends

PLYY vs. CNQE.TO - Dividend Comparison

PLYY's dividend yield for the trailing twelve months is around 110.96%, more than CNQE.TO's 9.40% yield.

Position	TTM	2025
CNQE.TO Harvest CNQ Enhanced High Income Shares ETF	9.40%	4.42%
PLYY GraniteShares YieldBoost PLTR ETF	110.96%	32.14%

Frequently Asked Questions

Can I hold both PLYY and CNQE.TO in my portfolio?

PLYY and CNQE.TO have a correlation of -0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, PLYY or CNQE.TO?

On fees, CNQE.TO is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, PLYY or CNQE.TO?

CNQE.TO is cheaper with a 0.40% expense ratio, compared with 1.07% for PLYY.

What is the main difference between PLYY and CNQE.TO?

They also come from different issuers: GraniteShares and Harvest. Their fees differ too: 1.07% for PLYY and 0.40% for CNQE.TO.