YAVG.NEO vs. CCCB.TO
YAVG.NEO (Broadcom (AVGO) Yield Shares Purpose ETF) and CCCB.TO (CIBC Canadian Banks Covered Call ETF) are both Derivative Income funds. Both are actively managed. At a 0.06 correlation, their price movements are largely independent.
Performance
YAVG.NEO vs. CCCB.TO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, YAVG.NEO achieves a 59.96% return, which is significantly higher than CCCB.TO's 15.74% return.
YAVG.NEO
- 1D
- -0.50%
- 1M
- 16.03%
- YTD
- 59.96%
- 6M
- 46.17%
- 1Y
- 133.32%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
CCCB.TO
- 1D
- 1.24%
- 1M
- 4.86%
- YTD
- 15.74%
- 6M
- 21.30%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
YAVG.NEO vs. CCCB.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
YAVG.NEO Broadcom (AVGO) Yield Shares Purpose ETF | 59.96% | 20.90% |
CCCB.TO CIBC Canadian Banks Covered Call ETF | 15.74% | 21.01% |
Correlation
The correlation between YAVG.NEO and CCCB.TO is 0.06, 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 (All Time) Calculated using the full available price history since Aug 26, 2025 | 0.06 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
YAVG.NEO vs. CCCB.TO — Risk / Return Rank
YAVG.NEO
CCCB.TO
YAVG.NEO vs. CCCB.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 CIBC Canadian Banks Covered Call ETF (CCCB.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.
| YAVG.NEO | CCCB.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.50 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 5.18 | — | — |
| Martin ratioReturn relative to average drawdown | 15.35 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| YAVG.NEO | CCCB.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.81 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 2.03 | 4.21 | -2.18 |
Drawdowns
YAVG.NEO vs. CCCB.TO - Drawdown Comparison
The maximum YAVG.NEO drawdown since its inception was -39.57%, which is greater than CCCB.TO's maximum drawdown of -7.92%. Use the drawdown chart below to compare losses from any high point for YAVG.NEO and CCCB.TO.
Loading charts...
Drawdown Indicators
| YAVG.NEO | CCCB.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.57% | -7.92% | -31.65% |
Max Drawdown (1Y)Largest decline over 1 year | -25.90% | — | — |
Current DrawdownCurrent decline from peak | -0.50% | -1.35% | +0.85% |
Average DrawdownAverage peak-to-trough decline | -8.26% | -1.04% | -7.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.72% | — | — |
Volatility
YAVG.NEO vs. CCCB.TO - Volatility Comparison
Loading charts...
Volatility by Period
| YAVG.NEO | CCCB.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.15% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 37.61% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 47.84% | 13.06% | +34.78% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 52.43% | 13.06% | +39.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 52.43% | 13.06% | +39.37% |
Dividends
YAVG.NEO vs. CCCB.TO - Dividend Comparison
YAVG.NEO's dividend yield for the trailing twelve months is around 21.76%, more than CCCB.TO's 3.97% yield.
| Position | TTM | 2025 |
|---|---|---|
CCCB.TO CIBC Canadian Banks Covered Call ETF | 3.97% | 1.93% |
YAVG.NEO Broadcom (AVGO) Yield Shares Purpose ETF | 21.76% | 8.90% |
Frequently Asked Questions
YAVG.NEO and CCCB.TO have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
They also come from different issuers: Purpose Investments and CIBC.
Find the right allocation for YAVG.NEO and CCCB.TO
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer