SDAY.NEO vs. YAVG.NEO

Last updated Jun 16, 2026

SDAY.NEO (Hamilton Enhanced U.S. Equity DayMAX™ ETF) and YAVG.NEO (Broadcom (AVGO) Yield Shares Purpose ETF) are both Derivative Income funds. Both are actively managed. At a correlation of -0.06, they often move in opposite directions.

Performance

SDAY.NEO vs. YAVG.NEO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Hamilton Enhanced U.S. Equity DayMAX™ ETF (SDAY.NEO) and Broadcom (AVGO) Yield Shares Purpose ETF (YAVG.NEO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SDAY.NEO achieves a 12.66% return, which is significantly lower than YAVG.NEO's 33.32% return.

SDAY.NEO

• 1D: 0.30%
• 1M: 6.53%
• YTD: 12.66%
• 6M: 10.59%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

YAVG.NEO

• 1D: -6.62%
• 1M: -6.53%
• YTD: 33.32%
• 6M: 37.53%
• 1Y: 96.75%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SDAY.NEO vs. YAVG.NEO - Yearly Performance Comparison

	2026 (YTD)	2025
SDAY.NEO Hamilton Enhanced U.S. Equity DayMAX™ ETF	12.66%	4.49%
YAVG.NEO Broadcom (AVGO) Yield Shares Purpose ETF	33.32%	34.66%

Correlation

The correlation between SDAY.NEO and YAVG.NEO is -0.06, 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 Jul 14, 2025	-0.06

Return for Risk

SDAY.NEO vs. YAVG.NEO — Risk / Return Rank

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

SDAY.NEO

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

YAVG.NEO

YAVG.NEO Risk / Return Rank: 64
YAVG.NEO Sharpe Ratio Rank: 58
YAVG.NEO Sortino Ratio Rank: 56
YAVG.NEO Omega Ratio Rank: 66
YAVG.NEO Calmar Ratio Rank: 77
YAVG.NEO Martin Ratio Rank: 62

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.

SDAY.NEO vs. YAVG.NEO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hamilton Enhanced U.S. Equity DayMAX™ ETF (SDAY.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.

	SDAY.NEO	YAVG.NEO	Difference
Sharpe ratio: Return per unit of total volatility	—	1.84	—
Sortino ratio: Return per unit of downside risk	—	2.57	—
Omega ratio: Gain probability vs. loss probability	—	1.38	—
Calmar ratio: Return relative to maximum drawdown	—	3.78	—
Martin ratio: Return relative to average drawdown	—	10.67	—

Drawdowns

SDAY.NEO vs. YAVG.NEO - Drawdown Comparison

The maximum SDAY.NEO drawdown since its inception was -7.75%, smaller than the maximum YAVG.NEO drawdown of -40.03%. Use the drawdown chart below to compare losses from any high point for SDAY.NEO and YAVG.NEO.

Drawdown Indicators

	SDAY.NEO	YAVG.NEO	Difference
Max Drawdown Largest peak-to-trough decline	-7.75%	-40.03%	+32.28%
Max Drawdown (1Y) Largest decline over 1 year	—	-25.90%	—
Current Drawdown Current decline from peak	0.00%	-17.07%	+17.07%
Average Drawdown Average peak-to-trough decline	-1.81%	-8.51%	+6.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	9.14%	—

Volatility

Volatility by Period

	SDAY.NEO	YAVG.NEO	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	26.44%	—
Volatility (6M) Calculated over the trailing 6-month period	—	44.24%	—
Volatility (1Y) Calculated over the trailing 1-year period	11.59%	53.17%	-41.58%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.59%	55.64%	-44.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.59%	55.64%	-44.05%

Dividends

SDAY.NEO vs. YAVG.NEO - Dividend Comparison

SDAY.NEO's dividend yield for the trailing twelve months is around 16.66%, less than YAVG.NEO's 26.11% yield.

Position	TTM	2025
SDAY.NEO Hamilton Enhanced U.S. Equity DayMAX™ ETF	16.66%	8.62%
YAVG.NEO Broadcom (AVGO) Yield Shares Purpose ETF	26.11%	8.90%

Frequently Asked Questions

Can I hold both SDAY.NEO and YAVG.NEO in my portfolio?

SDAY.NEO and YAVG.NEO have a correlation of -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

What is the main difference between SDAY.NEO and YAVG.NEO?

They also come from different issuers: Hamilton Capital and Purpose Investments.