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YAVG.NEO vs. CMAX.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

YAVG.NEO vs. CMAX.TO

Last updated Jun 4, 2026

YAVG.NEO (Broadcom (AVGO) Yield Shares Purpose ETF) and CMAX.TO (Hamilton Canadian Equity YIELD MAXIMIZER ETF) are both Derivative Income funds. Both are actively managed. At a 0.21 correlation, their price movements are largely independent.

Performance

YAVG.NEO vs. CMAX.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 Hamilton Canadian Equity YIELD MAXIMIZER ETF (CMAX.TO). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

YAVG.NEO

1D
-0.50%
1M
16.03%
YTD
59.96%
6M
46.17%
1Y
133.32%
3Y*
—
5Y*
—
10Y*
—

CMAX.TO

1D
0.00%
1M
—
YTD
—
6M
—
1Y
—
3Y*
—
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

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

2026 (YTD)
YAVG.NEO
Broadcom (AVGO) Yield Shares Purpose ETF		12.53%
CMAX.TO
Hamilton Canadian Equity YIELD MAXIMIZER ETF		1.54%

Correlation

The correlation between YAVG.NEO and CMAX.TO is 0.21, 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 May 12, 2026

0.21

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Broadcom (AVGO) Yield Shares Purpose ETF

Hamilton Canadian Equity YIELD MAXIMIZER ETF

Often compared with YAVG.NEO:
YAVG.NEO vs. AVGY.TOYAVG.NEO vs. CBNK.TOYAVG.NEO vs. NXF.TOYAVG.NEO vs. UMAX.TOYAVG.NEO vs. RCDC.TOYAVG.NEO vs. YNVD.NEOYAVG.NEO vs. PMM.TO
Often compared with CMAX.TO:
CMAX.TO vs. HUTS.TOCMAX.TO vs. UMAX.TOCMAX.TO vs. QMVP.TOCMAX.TO vs. HYLD-U.TOCMAX.TO vs. CWIN.TOCMAX.TO vs. ZWU.TOCMAX.TO vs. NXF.TO

Return for Risk

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

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
YAVG.NEO
YAVG.NEO Risk / Return Rank: 8484
Overall Rank
YAVG.NEO Sharpe Ratio Rank: 8686
Sharpe Ratio Rank
YAVG.NEO Sortino Ratio Rank: 8181
Sortino Ratio Rank
YAVG.NEO Omega Ratio Rank: 8383
Omega Ratio Rank
YAVG.NEO Calmar Ratio Rank: 8888
Calmar Ratio Rank
YAVG.NEO Martin Ratio Rank: 7979
Martin Ratio Rank
CMAX.TO
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.

YAVG.NEO vs. CMAX.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 Hamilton Canadian Equity YIELD MAXIMIZER ETF (CMAX.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.NEOCMAX.TODifference
Sharpe ratioReturn per unit of total volatility
2.81

—

—

Sortino ratioReturn per unit of downside risk
3.62

—

—

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.

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

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Sharpe Ratios by Period

YAVG.NEOCMAX.TODifference

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

2.84

-0.80

Drawdowns

YAVG.NEO vs. CMAX.TO - Drawdown Comparison

The maximum YAVG.NEO drawdown since its inception was -39.57%, which is greater than CMAX.TO's maximum drawdown of -1.48%. Use the drawdown chart below to compare losses from any high point for YAVG.NEO and CMAX.TO.

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Drawdown Indicators

YAVG.NEOCMAX.TODifference

Max Drawdown

Largest peak-to-trough decline

-39.57%

-1.48%

-38.09%

Max Drawdown (1Y)

Largest decline over 1 year

-25.90%

—

—

Current Drawdown

Current decline from peak

-0.50%

-0.38%

-0.12%

Average Drawdown

Average peak-to-trough decline

-8.26%

-0.54%

-7.72%

Ulcer Index

Depth and duration of drawdowns from previous peaks

8.72%

—

—

Volatility

YAVG.NEO vs. CMAX.TO - Volatility Comparison

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Volatility by Period

YAVG.NEOCMAX.TODifference

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%

9.88%

+37.96%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

52.43%

9.88%

+42.55%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

52.43%

9.88%

+42.55%

Dividends

YAVG.NEO vs. CMAX.TO - Dividend Comparison

YAVG.NEO's dividend yield for the trailing twelve months is around 21.76%, more than CMAX.TO's 0.91% yield.

PositionTTM2025
CMAX.TO
Hamilton Canadian Equity YIELD MAXIMIZER ETF		0.91%0.00%
YAVG.NEO
Broadcom (AVGO) Yield Shares Purpose ETF		21.76%8.90%

Frequently Asked Questions

YAVG.NEO and CMAX.TO have a correlation of 0.21, 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 Hamilton.

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