YAMZ.NEO vs. AMZN

Last updated Jun 5, 2026

YAMZ.NEO (Amazon (AMZN) Yield Shares Purpose ETF) is Derivative Income fund actively managed by Purpose Investments, while AMZN (Amazon.com, Inc) is a stock. Over the past 3 years, YAMZ.NEO returned 29.37%/yr vs 27.97%/yr for AMZN. Their correlation of 0.92 suggests significant overlap in exposure.

Performance

YAMZ.NEO vs. AMZN - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Amazon (AMZN) Yield Shares Purpose ETF (YAMZ.NEO) and Amazon.com, Inc (AMZN). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

YAMZ.NEO is traded in CAD, while AMZN is traded in USD. To make them comparable, the AMZN values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, YAMZ.NEO achieves a 5.68% return, which is significantly lower than AMZN's 11.46% return.

YAMZ.NEO

• 1D: 2.01%
• 1M: -7.96%
• YTD: 5.68%
• 6M: 10.29%
• 1Y: 22.62%
• 3Y*: 29.37%
• 5Y*: —
• 10Y*: —

AMZN

• 1D: 1.61%
• 1M: -5.24%
• YTD: 11.46%
• 6M: 10.39%
• 1Y: 24.55%
• 3Y*: 27.97%
• 5Y*: 12.78%
• 10Y*: 22.45%

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

YAMZ.NEO vs. AMZN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
YAMZ.NEO Amazon (AMZN) Yield Shares Purpose ETF	5.68%	9.09%	48.13%	96.20%	-1.05%
AMZN Amazon.com, Inc	11.46%	0.38%	56.80%	76.90%	-1.88%

Correlation

The correlation between YAMZ.NEO and AMZN is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.90
Correlation (3Y) Calculated over the trailing 3-year period	0.92
Correlation (All Time) Calculated using the full available price history since Dec 20, 2022	0.92

The correlation between YAMZ.NEO and AMZN has been stable across timeframes, ranging from 0.90 to 0.92 - a consistent structural relationship.

Return for Risk

YAMZ.NEO vs. AMZN — Risk / Return Rank

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

YAMZ.NEO

YAMZ.NEO Risk / Return Rank: 22
YAMZ.NEO Sharpe Ratio Rank: 21
YAMZ.NEO Sortino Ratio Rank: 22
YAMZ.NEO Omega Ratio Rank: 23
YAMZ.NEO Calmar Ratio Rank: 23
YAMZ.NEO Martin Ratio Rank: 22

AMZN

AMZN Risk / Return Rank: 62
AMZN Sharpe Ratio Rank: 66
AMZN Sortino Ratio Rank: 60
AMZN Omega Ratio Rank: 58
AMZN Calmar Ratio Rank: 63
AMZN Martin Ratio Rank: 64

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.

YAMZ.NEO vs. AMZN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amazon (AMZN) Yield Shares Purpose ETF (YAMZ.NEO) and Amazon.com, Inc (AMZN). 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.

	YAMZ.NEO	AMZN	Difference
Sharpe ratio: Return per unit of total volatility	0.70	0.82	-0.12
Sortino ratio: Return per unit of downside risk	1.14	1.30	-0.16
Omega ratio: Gain probability vs. loss probability	1.15	1.17	-0.02
Calmar ratio: Return relative to maximum drawdown	1.04	1.02	+0.02
Martin ratio: Return relative to average drawdown	2.59	2.47	+0.12
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

YAMZ.NEO vs. AMZN - Sharpe Ratio Comparison

The current YAMZ.NEO Sharpe Ratio is 0.70, which is comparable to the AMZN Sharpe Ratio of 0.82. The chart below compares the historical Sharpe Ratios of YAMZ.NEO and AMZN, 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

	YAMZ.NEO	AMZN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.70	0.82	-0.12
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.37	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.71	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.22	0.91	+0.31

Drawdowns

YAMZ.NEO vs. AMZN - Drawdown Comparison

The maximum YAMZ.NEO drawdown since its inception was -34.37%, smaller than the maximum AMZN drawdown of -52.40%. Use the drawdown chart below to compare losses from any high point for YAMZ.NEO and AMZN.

Drawdown Indicators

	YAMZ.NEO	AMZN	Difference
Max Drawdown Largest peak-to-trough decline	-34.37%	-52.40%	+18.03%
Max Drawdown (1Y) Largest decline over 1 year	-21.79%	-24.20%	+2.41%
Max Drawdown (3Y) Largest decline over 3 years	-34.37%	-33.19%	-1.18%
Max Drawdown (5Y) Largest decline over 5 years	—	-52.40%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-52.40%	—
Current Drawdown Current decline from peak	-8.54%	-6.52%	-2.02%
Average Drawdown Average peak-to-trough decline	-7.20%	-11.01%	+3.81%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.75%	9.97%	-1.22%

Volatility

YAMZ.NEO vs. AMZN - Volatility Comparison

Amazon (AMZN) Yield Shares Purpose ETF (YAMZ.NEO) has a higher volatility of 9.66% compared to Amazon.com, Inc (AMZN) at 7.19%. This indicates that YAMZ.NEO's price experiences larger fluctuations and is considered to be riskier than AMZN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	YAMZ.NEO	AMZN	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.66%	7.19%	+2.47%
Volatility (6M) Calculated over the trailing 6-month period	22.71%	20.14%	+2.57%
Volatility (1Y) Calculated over the trailing 1-year period	32.46%	30.03%	+2.43%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	34.24%	34.41%	-0.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	34.24%	31.53%	+2.71%

Dividends

YAMZ.NEO vs. AMZN - Dividend Comparison

YAMZ.NEO's dividend yield for the trailing twelve months is around 14.64%, while AMZN has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022
AMZN Amazon.com, Inc	0.00%	0.00%	0.00%	0.00%	0.00%
YAMZ.NEO Amazon (AMZN) Yield Shares Purpose ETF	14.64%	14.12%	8.07%	7.89%	1.02%

Frequently Asked Questions

Can I hold both YAMZ.NEO and AMZN in my portfolio?

With a correlation of 0.90, YAMZ.NEO and AMZN move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.