YAVG.NEO vs. BND.TO

Last updated Aug 5, 2026

YAVG.NEO (Broadcom (AVGO) Yield Shares Purpose ETF) and BND.TO (Purpose Global Bond Fund) are both exchange-traded funds - YAVG.NEO is a Derivative Income fund actively managed by Purpose, while BND.TO is a Global Bonds fund actively managed by Purpose. Both are actively managed. Over the past year, YAVG.NEO returned 80.53% vs 3.40% for BND.TO. Their 0.15 correlation means their historical movements had little consistent relationship. YAVG.NEO charges 1.19%/yr vs 0.45%/yr for BND.TO.

Performance

YAVG.NEO vs. BND.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Broadcom (AVGO) Yield Shares Purpose ETF (YAVG.NEO) and Purpose Global Bond Fund (BND.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, YAVG.NEO achieves a 44.89% return, which is significantly higher than BND.TO's 0.51% return.

YAVG.NEO

• 1D: 13.56%
• 1M: 19.71%
• 6M: 56.88%
• YTD: 44.89%
• 1Y: 80.53%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 75.79%

BND.TO

• 1D: 0.29%
• 1M: -1.23%
• 6M: 0.03%
• YTD: 0.51%
• 1Y: 3.40%
• 3Y*: 7.07%
• 5Y*: 2.99%
• 10Y*: 2.76%
• ALL TIME*: 3.00%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BND.TO Purpose Global Bond Fund	CA$558.38K	CA$846.29K	CA$803.89K
YAVG.NEO Broadcom (AVGO) Yield Shares Purpose ETF	CA$129.79K	CA$111.65K	CA$131.34K

YAVG.NEO vs. BND.TO - Yearly Performance Comparison

	2026 (YTD)	2025
YAVG.NEO Broadcom (AVGO) Yield Shares Purpose ETF	44.89%	56.73%
BND.TO Purpose Global Bond Fund	0.51%	5.92%

Correlation

The correlation between YAVG.NEO and BND.TO is 0.13, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.13
Correlation (All Time) Calculated using the full available price history since Feb 19, 2025	0.15

Return for Risk

YAVG.NEO vs. BND.TO — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

YAVG.NEO

YAVG.NEO Risk / Return Rank: 60
YAVG.NEO Sharpe Ratio Rank: 50
YAVG.NEO Sortino Ratio Rank: 57
YAVG.NEO Omega Ratio Rank: 64
YAVG.NEO Calmar Ratio Rank: 78
YAVG.NEO Martin Ratio Rank: 53

BND.TO

BND.TO Risk / Return Rank: 36
BND.TO Sharpe Ratio Rank: 38
BND.TO Sortino Ratio Rank: 36
BND.TO Omega Ratio Rank: 36
BND.TO Calmar Ratio Rank: 32
BND.TO Martin Ratio Rank: 39

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

YAVG.NEO vs. BND.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Broadcom (AVGO) Yield Shares Purpose ETF (YAVG.NEO) and Purpose Global Bond Fund (BND.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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	YAVG.NEO	BND.TO	Difference
Sharpe ratio: Return per unit of total volatility	1.43	1.05	+0.38
Sortino ratio: Return per unit of downside risk	2.24	1.49	+0.74
Omega ratio: Gain probability vs. loss probability	1.31	1.19	+0.12
Calmar ratio: Return relative to maximum drawdown	3.14	1.19	+1.95
Martin ratio: Return relative to average drawdown	7.06	4.45	+2.61

YAVG.NEO vs. BND.TO - Sharpe Ratio Comparison

The current YAVG.NEO Sharpe Ratio is 1.43, which is higher than the BND.TO Sharpe Ratio of 1.05. The chart below compares the historical Sharpe Ratios of YAVG.NEO and BND.TO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

YAVG.NEO vs. BND.TO - Drawdown Comparison

The maximum YAVG.NEO drawdown since its inception was -40.03%, which is greater than BND.TO's maximum drawdown of -16.55%. Use the drawdown chart below to compare losses from any high point for YAVG.NEO and BND.TO.

Drawdown Indicators

	YAVG.NEO	BND.TO	Difference
Max Drawdown Largest peak-to-trough decline	-40.03%	-16.55%	-23.48%
Max Drawdown (1Y) Largest decline over 1 year	-25.90%	-2.87%	-23.03%
Max Drawdown (3Y) Largest decline over 3 years	—	-4.33%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-12.43%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-16.55%	—
Current Drawdown Current decline from peak	-9.87%	-1.28%	-8.59%
Average Drawdown Average peak-to-trough decline	-9.46%	-2.09%	-7.37%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.48%	0.77%	+10.71%

Volatility

YAVG.NEO vs. BND.TO - Volatility Comparison

Broadcom (AVGO) Yield Shares Purpose ETF (YAVG.NEO) has a higher volatility of 16.60% compared to Purpose Global Bond Fund (BND.TO) at 1.10%. This indicates that YAVG.NEO's price experiences larger fluctuations and is considered to be riskier than BND.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	YAVG.NEO	BND.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	16.60%	1.10%	+15.50%
Volatility (6M) Calculated over the trailing 6-month period	45.34%	2.82%	+42.52%
Volatility (1Y) Calculated over the trailing 1-year period	57.11%	3.25%	+53.86%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	56.12%	5.11%	+51.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	56.12%	5.15%	+50.97%

YAVG.NEO vs. BND.TO - Expense Ratio Comparison

YAVG.NEO has a 1.19% expense ratio, which is higher than BND.TO's 0.45% expense ratio.

Dividends

YAVG.NEO vs. BND.TO - Dividend Comparison

YAVG.NEO's dividend yield for the trailing twelve months is around 27.31%, more than BND.TO's 5.91% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BND.TO Purpose Global Bond Fund	5.91%	5.70%	5.24%	5.20%	4.14%	3.67%	3.48%	3.11%	3.96%	3.47%	3.26%	0.53%
YAVG.NEO Broadcom (AVGO) Yield Shares Purpose ETF	27.31%	8.90%	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 YAVG.NEO and BND.TO in my portfolio?

YAVG.NEO and BND.TO have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, YAVG.NEO or BND.TO?

On fees, BND.TO is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, YAVG.NEO or BND.TO?

BND.TO is cheaper with a 0.45% expense ratio, compared with 1.19% for YAVG.NEO.

What is the main difference between YAVG.NEO and BND.TO?

YAVG.NEO is categorized as Derivative Income, while BND.TO is Global Bonds. Their fees differ too: 1.19% for YAVG.NEO and 0.45% for BND.TO.