YAMZ.NEO vs. QDAY.NEO
YAMZ.NEO (Amazon (AMZN) Yield Shares Purpose ETF) and QDAY.NEO (Hamilton EnhancedTechnology DayMAX™ ETF) are both Derivative Income funds. Both are actively managed. At a 0.49 correlation, their price movements are largely independent. YAMZ.NEO charges 1.72%/yr vs 0.85%/yr for QDAY.NEO.
Performance
YAMZ.NEO vs. QDAY.NEO - 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 QDAY.NEO's 29.96% return.
YAMZ.NEO
- 1D
- 2.01%
- 1M
- -7.96%
- YTD
- 5.68%
- 6M
- 10.29%
- 1Y
- 22.62%
- 3Y*
- 29.37%
- 5Y*
- —
- 10Y*
- —
QDAY.NEO
- 1D
- -1.21%
- 1M
- 14.46%
- YTD
- 29.96%
- 6M
- 25.63%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
YAMZ.NEO vs. QDAY.NEO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
YAMZ.NEO Amazon (AMZN) Yield Shares Purpose ETF | 5.68% | 6.10% |
QDAY.NEO Hamilton EnhancedTechnology DayMAX™ ETF | 29.96% | 14.84% |
Correlation
The correlation between YAMZ.NEO and QDAY.NEO is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jul 15, 2025 | 0.49 |
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Return for Risk
YAMZ.NEO vs. QDAY.NEO — Risk / Return Rank
YAMZ.NEO
QDAY.NEO
YAMZ.NEO vs. QDAY.NEO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amazon (AMZN) Yield Shares Purpose ETF (YAMZ.NEO) and Hamilton EnhancedTechnology DayMAX™ ETF (QDAY.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.
| YAMZ.NEO | QDAY.NEO | 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 | QDAY.NEO | 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 | 2.51 | -1.29 |
Drawdowns
YAMZ.NEO vs. QDAY.NEO - Drawdown Comparison
The maximum YAMZ.NEO drawdown since its inception was -34.37%, which is greater than QDAY.NEO's maximum drawdown of -19.44%. Use the drawdown chart below to compare losses from any high point for YAMZ.NEO and QDAY.NEO.
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Drawdown Indicators
| YAMZ.NEO | QDAY.NEO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.37% | -19.44% | -14.93% |
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% | -1.21% | -7.33% |
Average DrawdownAverage peak-to-trough decline | -7.20% | -5.21% | -1.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.75% | — | — |
Volatility
YAMZ.NEO vs. QDAY.NEO - Volatility Comparison
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Volatility by Period
| YAMZ.NEO | QDAY.NEO | 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% | 22.72% | +9.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 34.24% | 22.72% | +11.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.24% | 22.72% | +11.52% |
YAMZ.NEO vs. QDAY.NEO - Expense Ratio Comparison
YAMZ.NEO has a 1.72% expense ratio, which is higher than QDAY.NEO's 0.85% expense ratio.
Dividends
YAMZ.NEO vs. QDAY.NEO - Dividend Comparison
YAMZ.NEO's dividend yield for the trailing twelve months is around 14.64%, more than QDAY.NEO's 14.09% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
QDAY.NEO Hamilton EnhancedTechnology DayMAX™ ETF | 14.09% | 8.78% | 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 QDAY.NEO have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, QDAY.NEO is cheaper at 0.85% per year. The better choice depends on whether you care most about return, fees, risk, or income.
QDAY.NEO is cheaper with a 0.85% expense ratio, compared with 1.72% for YAMZ.NEO.
They also come from different issuers: Purpose Investments and Hamilton Capital. Their fees differ too: 1.72% for YAMZ.NEO and 0.85% for QDAY.NEO.
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