QDAY.NEO vs. YAVG.NEO
QDAY.NEO (Hamilton EnhancedTechnology DayMAX™ ETF) and YAVG.NEO (Broadcom (AVGO) Yield Shares Purpose ETF) are both Derivative Income funds. Both are actively managed. Over the past year, QDAY.NEO returned 48.25% vs 74.88% for YAVG.NEO. A 0.53 correlation means they provide meaningful diversification when combined.
Performance
QDAY.NEO vs. YAVG.NEO - Performance Comparison
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Returns By Period
In the year-to-date period, QDAY.NEO achieves a 29.09% return, which is significantly lower than YAVG.NEO's 32.14% return.
QDAY.NEO
- 1D
- 0.87%
- 1M
- 2.70%
- 6M
- 24.69%
- YTD
- 29.09%
- 1Y
- 48.25%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
YAVG.NEO
- 1D
- -2.76%
- 1M
- -7.45%
- 6M
- 28.59%
- YTD
- 32.14%
- 1Y
- 74.88%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
QDAY.NEO vs. YAVG.NEO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
QDAY.NEO Hamilton EnhancedTechnology DayMAX™ ETF | 29.09% | 14.84% |
YAVG.NEO Broadcom (AVGO) Yield Shares Purpose ETF | 32.14% | 34.66% |
Correlation
The correlation between QDAY.NEO and YAVG.NEO is 0.53, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.53 |
Correlation (All Time) Calculated using the full available price history since Jul 14, 2025 | 0.53 |
The correlation between QDAY.NEO and YAVG.NEO has been stable across timeframes, ranging from 0.53 to 0.53 - a consistent structural relationship.
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Return for Risk
QDAY.NEO vs. YAVG.NEO — Risk / Return Rank
QDAY.NEO
YAVG.NEO
QDAY.NEO vs. YAVG.NEO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hamilton EnhancedTechnology DayMAX™ ETF (QDAY.NEO) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| QDAY.NEO | YAVG.NEO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.57 | ||
| Sortino ratioReturn per unit of downside risk | +0.31 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.30 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 2.52 | 2.92 | -0.40 |
| Martin ratioReturn relative to average drawdown | 6.91 | 7.09 | -0.18 |
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Drawdowns
QDAY.NEO vs. YAVG.NEO - Drawdown Comparison
The maximum QDAY.NEO drawdown since its inception was -19.44%, smaller than the maximum YAVG.NEO drawdown of -40.03%. Use the drawdown chart below to compare losses from any high point for QDAY.NEO and YAVG.NEO.
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Drawdown Indicators
| QDAY.NEO | YAVG.NEO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.44% | -40.03% | +20.59% |
Max Drawdown (1Y)Largest decline over 1 year | -19.44% | -25.90% | +6.46% |
Current DrawdownCurrent decline from peak | -2.80% | -17.80% | +15.00% |
Average DrawdownAverage peak-to-trough decline | -5.04% | -9.11% | +4.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 10.64% | — |
Volatility
QDAY.NEO vs. YAVG.NEO - Volatility Comparison
The current volatility for Hamilton EnhancedTechnology DayMAX™ ETF (QDAY.NEO) is 10.39%, while Broadcom (AVGO) Yield Shares Purpose ETF (YAVG.NEO) has a volatility of 17.55%. This indicates that QDAY.NEO 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.
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Volatility by Period
| QDAY.NEO | YAVG.NEO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.39% | 17.55% | -7.16% |
Volatility (6M)Calculated over the trailing 6-month period | 20.33% | 43.72% | -23.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.26% | 55.18% | -29.92% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.26% | 55.71% | -30.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.26% | 55.71% | -30.45% |
Dividends
QDAY.NEO vs. YAVG.NEO - Dividend Comparison
QDAY.NEO's dividend yield for the trailing twelve months is around 15.94%, less than YAVG.NEO's 27.90% yield.
| Position | TTM | 2025 |
|---|---|---|
QDAY.NEO Hamilton EnhancedTechnology DayMAX™ ETF | 15.94% | 8.78% |
YAVG.NEO Broadcom (AVGO) Yield Shares Purpose ETF | 27.90% | 8.90% |
Frequently Asked Questions
QDAY.NEO and YAVG.NEO have a correlation of 0.53, 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: Hamilton Capital and Purpose Investments.
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