SBT.TO vs. YNVD.NEO
SBT.TO (Purpose Silver Bullion Fund) and YNVD.NEO (NVIDIA (NVDA) Yield Shares Purpose ETF) are both exchange-traded funds - SBT.TO is a Silver fund tracking the LBMA Silver Price, while YNVD.NEO is a Derivative Income fund actively managed by Purpose Investments. SBT.TO is passively managed, while YNVD.NEO is actively managed. Over the past year, SBT.TO returned 105.34% vs 68.73% for YNVD.NEO. At a 0.09 correlation, their price movements are largely independent. SBT.TO charges 0.36%/yr vs 1.94%/yr for YNVD.NEO.
Performance
SBT.TO vs. YNVD.NEO - Performance Comparison
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Returns By Period
In the year-to-date period, SBT.TO achieves a 2.24% return, which is significantly lower than YNVD.NEO's 17.05% return.
SBT.TO
- 1D
- -2.53%
- 1M
- 0.38%
- YTD
- 2.24%
- 6M
- 24.07%
- 1Y
- 105.34%
- 3Y*
- 42.09%
- 5Y*
- 18.84%
- 10Y*
- 13.84%
YNVD.NEO
- 1D
- -4.22%
- 1M
- 9.64%
- YTD
- 17.05%
- 6M
- 27.60%
- 1Y
- 68.73%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SBT.TO vs. YNVD.NEO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
SBT.TO Purpose Silver Bullion Fund | 2.24% | 137.07% | 25.98% |
YNVD.NEO NVIDIA (NVDA) Yield Shares Purpose ETF | 17.05% | 44.51% | 133.89% |
Correlation
The correlation between SBT.TO and YNVD.NEO is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.18 |
Correlation (All Time) Calculated using the full available price history since Jan 19, 2024 | 0.09 |
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Return for Risk
SBT.TO vs. YNVD.NEO — Risk / Return Rank
SBT.TO
YNVD.NEO
SBT.TO vs. YNVD.NEO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Purpose Silver Bullion Fund (SBT.TO) and NVIDIA (NVDA) Yield Shares Purpose ETF (YNVD.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.
| SBT.TO | YNVD.NEO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.16 | ||
| Sortino ratioReturn per unit of downside risk | -0.56 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.33 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 2.48 | 4.21 | -1.73 |
| Martin ratioReturn relative to average drawdown | 5.33 | 11.44 | -6.11 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SBT.TO | YNVD.NEO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.80 | 1.95 | -0.16 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.52 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.21 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.21 | 1.50 | -1.30 |
Drawdowns
SBT.TO vs. YNVD.NEO - Drawdown Comparison
The maximum SBT.TO drawdown since its inception was -47.82%, which is greater than YNVD.NEO's maximum drawdown of -41.02%. Use the drawdown chart below to compare losses from any high point for SBT.TO and YNVD.NEO.
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Drawdown Indicators
| SBT.TO | YNVD.NEO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -47.82% | -41.02% | -6.80% |
Max Drawdown (1Y)Largest decline over 1 year | -42.69% | -16.41% | -26.28% |
Max Drawdown (3Y)Largest decline over 3 years | -42.69% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -42.69% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -47.82% | — | — |
Current DrawdownCurrent decline from peak | -37.47% | -4.27% | -33.20% |
Average DrawdownAverage peak-to-trough decline | -16.92% | -8.83% | -8.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 19.84% | 6.03% | +13.81% |
Volatility
SBT.TO vs. YNVD.NEO - Volatility Comparison
Purpose Silver Bullion Fund (SBT.TO) has a higher volatility of 17.19% compared to NVIDIA (NVDA) Yield Shares Purpose ETF (YNVD.NEO) at 13.09%. This indicates that SBT.TO's price experiences larger fluctuations and is considered to be riskier than YNVD.NEO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SBT.TO | YNVD.NEO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.19% | 13.09% | +4.10% |
Volatility (6M)Calculated over the trailing 6-month period | 57.92% | 27.53% | +30.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 59.01% | 35.44% | +23.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.64% | 52.47% | -15.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 66.58% | 52.47% | +14.11% |
SBT.TO vs. YNVD.NEO - Expense Ratio Comparison
SBT.TO has a 0.36% expense ratio, which is lower than YNVD.NEO's 1.94% expense ratio.
Dividends
SBT.TO vs. YNVD.NEO - Dividend Comparison
SBT.TO has not paid dividends to shareholders, while YNVD.NEO's dividend yield for the trailing twelve months is around 21.78%.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
SBT.TO Purpose Silver Bullion Fund | 0.00% | 0.00% | 0.00% |
YNVD.NEO NVIDIA (NVDA) Yield Shares Purpose ETF | 21.78% | 23.48% | 17.81% |
Frequently Asked Questions
SBT.TO and YNVD.NEO have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SBT.TO is cheaper at 0.36% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SBT.TO is cheaper with a 0.36% expense ratio, compared with 1.94% for YNVD.NEO.
SBT.TO is categorized as Silver, while YNVD.NEO is Derivative Income. Their fees differ too: 0.36% for SBT.TO and 1.94% for YNVD.NEO.
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