USCC.TO vs. YCST.NEO

Last updated Jun 4, 2026

USCC.TO (Global X S&P 500 Covered Call ETF) and YCST.NEO (Costco (COST) Yield Shares Purpose ETF) are both Derivative Income funds. Both are actively managed. Over the past year, USCC.TO returned 24.60% vs -7.85% for YCST.NEO. At a 0.12 correlation, their price movements are largely independent. USCC.TO charges 0.49%/yr vs 0.40%/yr for YCST.NEO.

Performance

USCC.TO vs. YCST.NEO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Global X S&P 500 Covered Call ETF (USCC.TO) and Costco (COST) Yield Shares Purpose ETF (YCST.NEO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, USCC.TO achieves a 9.71% return, which is significantly lower than YCST.NEO's 12.72% return.

USCC.TO

• 1D: 0.10%
• 1M: 6.39%
• YTD: 9.71%
• 6M: 8.43%
• 1Y: 24.60%
• 3Y*: 17.81%
• 5Y*: 11.38%
• 10Y*: 11.31%

YCST.NEO

• 1D: 0.77%
• 1M: -5.63%
• YTD: 12.72%
• 6M: 5.30%
• 1Y: -7.85%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

USCC.TO vs. YCST.NEO - Yearly Performance Comparison

	2026 (YTD)	2025
USCC.TO Global X S&P 500 Covered Call ETF	9.71%	6.58%
YCST.NEO Costco (COST) Yield Shares Purpose ETF	12.72%	-16.43%

Correlation

The correlation between USCC.TO and YCST.NEO is 0.01, 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 (1Y) Calculated over the trailing 1-year period	0.01
Correlation (All Time) Calculated using the full available price history since Feb 21, 2025	0.12

The correlation between USCC.TO and YCST.NEO shifts across timeframes, from 0.01 (1 year) to 0.12 (all time), reflecting how their relationship changes across market environments.

Return for Risk

USCC.TO vs. YCST.NEO — Risk / Return Rank

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

USCC.TO

USCC.TO Risk / Return Rank: 80
USCC.TO Sharpe Ratio Rank: 81
USCC.TO Sortino Ratio Rank: 81
USCC.TO Omega Ratio Rank: 85
USCC.TO Calmar Ratio Rank: 74
USCC.TO Martin Ratio Rank: 78

YCST.NEO

YCST.NEO Risk / Return Rank: 5
YCST.NEO Sharpe Ratio Rank: 5
YCST.NEO Sortino Ratio Rank: 5
YCST.NEO Omega Ratio Rank: 5
YCST.NEO Calmar Ratio Rank: 5
YCST.NEO Martin Ratio Rank: 5

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.

USCC.TO vs. YCST.NEO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X S&P 500 Covered Call ETF (USCC.TO) and Costco (COST) Yield Shares Purpose ETF (YCST.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.

	USCC.TO	YCST.NEO	Difference
Sharpe ratio: Return per unit of total volatility	2.65	-0.38	+3.04
Sortino ratio: Return per unit of downside risk	3.65	-0.41	+4.06
Omega ratio: Gain probability vs. loss probability	1.53	0.95	+0.58
Calmar ratio: Return relative to maximum drawdown	3.68	-0.40	+4.09
Martin ratio: Return relative to average drawdown	15.14	-0.81	+15.94
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

USCC.TO vs. YCST.NEO - Sharpe Ratio Comparison

The current USCC.TO Sharpe Ratio is 2.65, which is higher than the YCST.NEO Sharpe Ratio of -0.38. The chart below compares the historical Sharpe Ratios of USCC.TO and YCST.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.

Sharpe Ratios by Period

	USCC.TO	YCST.NEO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.65	-0.38	+3.04
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.93	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.96	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.95	-0.18	+1.13

Drawdowns

USCC.TO vs. YCST.NEO - Drawdown Comparison

The maximum USCC.TO drawdown since its inception was -28.48%, which is greater than YCST.NEO's maximum drawdown of -19.70%. Use the drawdown chart below to compare losses from any high point for USCC.TO and YCST.NEO.

Drawdown Indicators

	USCC.TO	YCST.NEO	Difference
Max Drawdown Largest peak-to-trough decline	-28.48%	-19.70%	-8.78%
Max Drawdown (1Y) Largest decline over 1 year	-6.71%	-19.54%	+12.83%
Max Drawdown (3Y) Largest decline over 3 years	-17.55%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-17.55%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-28.48%	—	—
Current Drawdown Current decline from peak	0.00%	-12.62%	+12.62%
Average Drawdown Average peak-to-trough decline	-3.46%	-8.56%	+5.10%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.63%	9.91%	-8.28%

Volatility

USCC.TO vs. YCST.NEO - Volatility Comparison

The current volatility for Global X S&P 500 Covered Call ETF (USCC.TO) is 2.12%, while Costco (COST) Yield Shares Purpose ETF (YCST.NEO) has a volatility of 10.33%. This indicates that USCC.TO experiences smaller price fluctuations and is considered to be less risky than YCST.NEO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	USCC.TO	YCST.NEO	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.12%	10.33%	-8.21%
Volatility (6M) Calculated over the trailing 6-month period	7.45%	16.64%	-9.19%
Volatility (1Y) Calculated over the trailing 1-year period	9.32%	20.54%	-11.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.97%	25.22%	-10.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.36%	25.22%	-7.86%

USCC.TO vs. YCST.NEO - Expense Ratio Comparison

USCC.TO has a 0.49% expense ratio, which is higher than YCST.NEO's 0.40% expense ratio.

Dividends

USCC.TO vs. YCST.NEO - Dividend Comparison

USCC.TO's dividend yield for the trailing twelve months is around 9.56%, less than YCST.NEO's 14.01% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
USCC.TO Global X S&P 500 Covered Call ETF	9.56%	10.20%	9.65%	8.50%	7.94%	4.02%	3.85%	3.89%	4.76%	4.29%	4.68%	4.78%
YCST.NEO Costco (COST) Yield Shares Purpose ETF	14.01%	10.21%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both USCC.TO and YCST.NEO in my portfolio?

USCC.TO and YCST.NEO have a correlation of 0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, USCC.TO or YCST.NEO?

On fees, YCST.NEO 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, USCC.TO or YCST.NEO?

YCST.NEO is cheaper with a 0.40% expense ratio, compared with 0.49% for USCC.TO.

What is the main difference between USCC.TO and YCST.NEO?

They also come from different issuers: Global X and Purpose Investments. Their fees differ too: 0.49% for USCC.TO and 0.40% for YCST.NEO.