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TECH.TO vs. YGOG.NEO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

TECH.TO vs. YGOG.NEO

Last updated Jun 4, 2026

TECH.TO (Evolve FANGMA Index ETF Hedged CAD) and YGOG.NEO (Alphabet (GOOGL) Yield Shares Purpose ETF) are both exchange-traded funds - TECH.TO is a Technology Equities fund tracking the Solactive FANGMA Equal Weight Index, while YGOG.NEO is a Derivative Income fund actively managed by Purpose. TECH.TO is passively managed, while YGOG.NEO is actively managed. Over the past 3 years, TECH.TO returned 24.88%/yr vs 45.35%/yr for YGOG.NEO. A 0.69 correlation means they provide meaningful diversification when combined. Both charge a 0.40% expense ratio.

Performance

TECH.TO vs. YGOG.NEO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Evolve FANGMA Index ETF Hedged CAD (TECH.TO) and Alphabet (GOOGL) Yield Shares Purpose ETF (YGOG.NEO). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, TECH.TO achieves a 0.77% return, which is significantly lower than YGOG.NEO's 10.76% return.

TECH.TO

1D
-1.32%
1M
-1.50%
YTD
0.77%
6M
-1.50%
1Y
16.16%
3Y*
24.88%
5Y*
15.36%
10Y*
—

YGOG.NEO

1D
-0.97%
1M
-7.79%
YTD
10.76%
6M
8.82%
1Y
119.67%
3Y*
45.35%
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

TECH.TO vs. YGOG.NEO - Yearly Performance Comparison

2026 (YTD)2025202420232022
TECH.TO
Evolve FANGMA Index ETF Hedged CAD		0.77%18.22%40.26%80.38%-0.70%
YGOG.NEO
Alphabet (GOOGL) Yield Shares Purpose ETF		10.76%69.45%46.37%56.07%1.18%

Correlation

The correlation between TECH.TO and YGOG.NEO is 0.56, 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

0.56

Correlation (3Y)
Calculated over the trailing 3-year period

0.68

Correlation (All Time)
Calculated using the full available price history since Dec 20, 2022

0.69

The correlation between TECH.TO and YGOG.NEO shifts across timeframes, from 0.56 (1 year) to 0.69 (all time), reflecting how their relationship changes across market environments.

TECH.TO vs. YGOG.NEO - Sectors Allocation Comparison

Sectors
TECH.TO
YGOG.NEO

Communication Services

49.7%
100.0%

Technology

32.8%

-

Consumer Cyclical

17.5%

-

Basic Materials

-

-

Consumer Defensive

-

-

Energy

-

-

Financial Services

-

-

Healthcare

-

-

Industrials

-

-

Real Estate

-

-

Utilities

-

-

Communication Services

TECH.TO
49.7%
YGOG.NEO
100.0%

Technology

TECH.TO
32.8%
YGOG.NEO

-

Consumer Cyclical

TECH.TO
17.5%
YGOG.NEO

-

Basic Materials

TECH.TO

-

YGOG.NEO

-

Consumer Defensive

TECH.TO

-

YGOG.NEO

-

Energy

TECH.TO

-

YGOG.NEO

-

Financial Services

TECH.TO

-

YGOG.NEO

-

Healthcare

TECH.TO

-

YGOG.NEO

-

Industrials

TECH.TO

-

YGOG.NEO

-

Real Estate

TECH.TO

-

YGOG.NEO

-

Utilities

TECH.TO

-

YGOG.NEO

-

Compare stocks, funds, or ETFs

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Evolve FANGMA Index ETF Hedged CAD

Alphabet (GOOGL) Yield Shares Purpose ETF

Often compared with TECH.TO:
TECH.TO vs. TEC.TOTECH.TO vs. CHPS.TOTECH.TO vs. FINN.NEOTECH.TO vs. TECI.TOTECH.TO vs. CIAI.TOTECH.TO vs. QQC.TOTECH.TO vs. ZXLK.TO
Often compared with YGOG.NEO:
YGOG.NEO vs. HBF.TOYGOG.NEO vs. MSHE.TOYGOG.NEO vs. CBNK.TOYGOG.NEO vs. HLIF.TOYGOG.NEO vs. GOGY.TOYGOG.NEO vs. UMAX.TOYGOG.NEO vs. TEC.TO

Return for Risk

TECH.TO vs. YGOG.NEO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
TECH.TO
TECH.TO Risk / Return Rank: 2424
Overall Rank
TECH.TO Sharpe Ratio Rank: 2525
Sharpe Ratio Rank
TECH.TO Sortino Ratio Rank: 2626
Sortino Ratio Rank
TECH.TO Omega Ratio Rank: 2525
Omega Ratio Rank
TECH.TO Calmar Ratio Rank: 2222
Calmar Ratio Rank
TECH.TO Martin Ratio Rank: 2424
Martin Ratio Rank
YGOG.NEO
YGOG.NEO Risk / Return Rank: 9292
Overall Rank
YGOG.NEO Sharpe Ratio Rank: 9595
Sharpe Ratio Rank
YGOG.NEO Sortino Ratio Rank: 9494
Sortino Ratio Rank
YGOG.NEO Omega Ratio Rank: 9292
Omega Ratio Rank
YGOG.NEO Calmar Ratio Rank: 9090
Calmar Ratio Rank
YGOG.NEO Martin Ratio Rank: 9090
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.

TECH.TO vs. YGOG.NEO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Evolve FANGMA Index ETF Hedged CAD (TECH.TO) and Alphabet (GOOGL) Yield Shares Purpose ETF (YGOG.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.

TECH.TOYGOG.NEODifference
Sharpe ratioReturn per unit of total volatility
0.93
3.77

-2.84

Sortino ratioReturn per unit of downside risk
1.43
4.77

-3.34

Omega ratioGain probability vs. loss probability

1.17

1.61

-0.44

Calmar ratioReturn relative to maximum drawdown

0.98

5.52

-4.54

Martin ratioReturn relative to average drawdown

3.13

20.61

-17.48

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TECH.TO vs. YGOG.NEO - Sharpe Ratio Comparison

The current TECH.TO Sharpe Ratio is 0.93, which is lower than the YGOG.NEO Sharpe Ratio of 3.77. The chart below compares the historical Sharpe Ratios of TECH.TO and YGOG.NEO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

TECH.TOYGOG.NEODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.93

3.77

-2.84

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.58

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.58

1.62

-1.04

Drawdowns

TECH.TO vs. YGOG.NEO - Drawdown Comparison

The maximum TECH.TO drawdown since its inception was -47.92%, which is greater than YGOG.NEO's maximum drawdown of -33.45%. Use the drawdown chart below to compare losses from any high point for TECH.TO and YGOG.NEO.

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Drawdown Indicators

TECH.TOYGOG.NEODifference

Max Drawdown

Largest peak-to-trough decline

-47.92%

-33.45%

-14.47%

Max Drawdown (1Y)

Largest decline over 1 year

-16.59%

-21.82%

+5.23%

Max Drawdown (3Y)

Largest decline over 3 years

-24.13%

-33.45%

+9.32%

Max Drawdown (5Y)

Largest decline over 5 years

-47.92%

—

—

Current Drawdown

Current decline from peak

-4.31%

-11.86%

+7.55%

Average Drawdown

Average peak-to-trough decline

-12.32%

-7.59%

-4.73%

Ulcer Index

Depth and duration of drawdowns from previous peaks

5.17%

5.83%

-0.66%

Volatility

TECH.TO vs. YGOG.NEO - Volatility Comparison

The current volatility for Evolve FANGMA Index ETF Hedged CAD (TECH.TO) is 4.24%, while Alphabet (GOOGL) Yield Shares Purpose ETF (YGOG.NEO) has a volatility of 11.10%. This indicates that TECH.TO experiences smaller price fluctuations and is considered to be less risky than YGOG.NEO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

TECH.TOYGOG.NEODifference

Volatility (1M)

Calculated over the trailing 1-month period

4.24%

11.10%

-6.86%

Volatility (6M)

Calculated over the trailing 6-month period

12.64%

22.75%

-10.11%

Volatility (1Y)

Calculated over the trailing 1-year period

17.45%

32.02%

-14.57%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

26.44%

32.94%

-6.50%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

26.37%

32.94%

-6.57%

TECH.TO vs. YGOG.NEO - Expense Ratio Comparison

Both TECH.TO and YGOG.NEO have an expense ratio of 0.40%.

Dividends

TECH.TO vs. YGOG.NEO - Dividend Comparison

TECH.TO's dividend yield for the trailing twelve months is around 0.12%, less than YGOG.NEO's 8.15% yield.

PositionTTM20252024202320222021
TECH.TO
Evolve FANGMA Index ETF Hedged CAD		0.12%0.12%0.14%0.20%0.35%0.17%
YGOG.NEO
Alphabet (GOOGL) Yield Shares Purpose ETF		8.15%5.84%14.19%7.22%0.91%0.00%

Frequently Asked Questions

TECH.TO and YGOG.NEO have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Both ETFs have the same 0.40% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

TECH.TO and YGOG.NEO have the same expense ratio: 0.40% per year.

TECH.TO is categorized as Technology Equities, while YGOG.NEO is Derivative Income. They also come from different issuers: Evolve and Purpose.

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