YAMZ.NEO vs. CNQE.TO
YAMZ.NEO (Amazon (AMZN) Yield Shares Purpose ETF) and CNQE.TO (Harvest CNQ Enhanced High Income Shares ETF) are both Derivative Income funds. Both are actively managed. At a correlation of -0.18, they often move in opposite directions. YAMZ.NEO charges 1.72%/yr vs 0.40%/yr for CNQE.TO.
Performance
YAMZ.NEO vs. CNQE.TO - Performance Comparison
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Returns By Period
In the year-to-date period, YAMZ.NEO achieves a 5.68% return, which is significantly lower than CNQE.TO's 38.88% return.
YAMZ.NEO
- 1D
- 2.01%
- 1M
- -7.96%
- YTD
- 5.68%
- 6M
- 10.29%
- 1Y
- 22.62%
- 3Y*
- 29.37%
- 5Y*
- —
- 10Y*
- —
CNQE.TO
- 1D
- -0.34%
- 1M
- 1.72%
- YTD
- 38.88%
- 6M
- 34.99%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
YAMZ.NEO vs. CNQE.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
YAMZ.NEO Amazon (AMZN) Yield Shares Purpose ETF | 5.68% | 7.75% |
CNQE.TO Harvest CNQ Enhanced High Income Shares ETF | 38.88% | 13.80% |
Correlation
The correlation between YAMZ.NEO and CNQE.TO is -0.18, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Aug 22, 2025 | -0.18 |
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Return for Risk
YAMZ.NEO vs. CNQE.TO — Risk / Return Rank
YAMZ.NEO
CNQE.TO
YAMZ.NEO vs. CNQE.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amazon (AMZN) Yield Shares Purpose ETF (YAMZ.NEO) and Harvest CNQ Enhanced High Income Shares ETF (CNQE.TO). 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 | CNQE.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.15 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 1.04 | — | — |
| Martin ratioReturn relative to average drawdown | 2.59 | — | — |
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
| YAMZ.NEO | CNQE.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.70 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.22 | 2.45 | -1.23 |
Drawdowns
YAMZ.NEO vs. CNQE.TO - Drawdown Comparison
The maximum YAMZ.NEO drawdown since its inception was -34.37%, which is greater than CNQE.TO's maximum drawdown of -18.22%. Use the drawdown chart below to compare losses from any high point for YAMZ.NEO and CNQE.TO.
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Drawdown Indicators
| YAMZ.NEO | CNQE.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.37% | -18.22% | -16.15% |
Max Drawdown (1Y)Largest decline over 1 year | -21.79% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -34.37% | — | — |
Current DrawdownCurrent decline from peak | -8.54% | -6.40% | -2.14% |
Average DrawdownAverage peak-to-trough decline | -7.20% | -4.14% | -3.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.75% | — | — |
Volatility
YAMZ.NEO vs. CNQE.TO - Volatility Comparison
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Volatility by Period
| YAMZ.NEO | CNQE.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.66% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 22.71% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 32.46% | 33.04% | -0.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 34.24% | 33.04% | +1.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.24% | 33.04% | +1.20% |
YAMZ.NEO vs. CNQE.TO - Expense Ratio Comparison
YAMZ.NEO has a 1.72% expense ratio, which is higher than CNQE.TO's 0.40% expense ratio.
Dividends
YAMZ.NEO vs. CNQE.TO - Dividend Comparison
YAMZ.NEO's dividend yield for the trailing twelve months is around 14.64%, more than CNQE.TO's 9.43% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
CNQE.TO Harvest CNQ Enhanced High Income Shares ETF | 9.43% | 4.42% | 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
YAMZ.NEO and CNQE.TO 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, CNQE.TO is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.
CNQE.TO is cheaper with a 0.40% expense ratio, compared with 1.72% for YAMZ.NEO.
They also come from different issuers: Purpose Investments and Harvest. Their fees differ too: 1.72% for YAMZ.NEO and 0.40% for CNQE.TO.
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