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

YAVG.NEO vs. PDIV.TO

Last updated Jun 4, 2026

YAVG.NEO (Broadcom (AVGO) Yield Shares Purpose ETF) and PDIV.TO (Purpose Enhanced Dividend Fund ETF) are both exchange-traded funds - YAVG.NEO is a Derivative Income fund actively managed by Purpose Investments, while PDIV.TO is a Dividend fund actively managed by Purpose Investments. Both are actively managed. Over the past year, YAVG.NEO returned 133.32% vs 18.80% for PDIV.TO. At a 0.21 correlation, their price movements are largely independent.

Performance

YAVG.NEO vs. PDIV.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 Enhanced Dividend Fund ETF (PDIV.TO). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, YAVG.NEO achieves a 59.96% return, which is significantly higher than PDIV.TO's 7.12% return.

YAVG.NEO

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

PDIV.TO

1D
-0.52%
1M
2.70%
YTD
7.12%
6M
7.91%
1Y
18.80%
3Y*
11.94%
5Y*
8.07%
10Y*
9.28%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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

2026 (YTD)2025
YAVG.NEO
Broadcom (AVGO) Yield Shares Purpose ETF		59.96%57.91%
PDIV.TO
Purpose Enhanced Dividend Fund ETF		7.12%12.88%

Correlation

The correlation between YAVG.NEO and PDIV.TO is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.16

Correlation (All Time)
Calculated using the full available price history since Feb 21, 2025

0.21

Compare stocks, funds, or ETFs

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Broadcom (AVGO) Yield Shares Purpose ETF

Purpose Enhanced Dividend Fund 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 PDIV.TO:
PDIV.TO vs. MNY.TOPDIV.TO vs. HDIV.TOPDIV.TO vs. VDY.TOPDIV.TO vs. BMAXPDIV.TO vs. HYLD.TOPDIV.TO vs. SPYIPDIV.TO vs. PDC.TO

Return for Risk

YAVG.NEO vs. PDIV.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
PDIV.TO
PDIV.TO Risk / Return Rank: 8282
Overall Rank
PDIV.TO Sharpe Ratio Rank: 8484
Sharpe Ratio Rank
PDIV.TO Sortino Ratio Rank: 8585
Sortino Ratio Rank
PDIV.TO Omega Ratio Rank: 8989
Omega Ratio Rank
PDIV.TO Calmar Ratio Rank: 7272
Calmar Ratio Rank
PDIV.TO Martin Ratio Rank: 8181
Martin Ratio Rank
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. PDIV.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 Enhanced Dividend Fund ETF (PDIV.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.NEOPDIV.TODifference
Sharpe ratioReturn per unit of total volatility
2.81
2.78

+0.03

Sortino ratioReturn per unit of downside risk
3.62
3.86

-0.24

Omega ratioGain probability vs. loss probability

1.50

1.56

-0.06

Calmar ratioReturn relative to maximum drawdown

5.18

3.62

+1.56

Martin ratioReturn relative to average drawdown

15.35

15.98

-0.63

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. PDIV.TO - Sharpe Ratio Comparison

The current YAVG.NEO Sharpe Ratio is 2.81, which is comparable to the PDIV.TO Sharpe Ratio of 2.78. The chart below compares the historical Sharpe Ratios of YAVG.NEO and PDIV.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.

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Sharpe Ratios by Period

YAVG.NEOPDIV.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.81

2.78

+0.03

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

—

0.82

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.67

—

Sharpe Ratio (All Time)

Calculated using the full available price history

2.03

0.62

+1.41

Drawdowns

YAVG.NEO vs. PDIV.TO - Drawdown Comparison

The maximum YAVG.NEO drawdown since its inception was -39.57%, which is greater than PDIV.TO's maximum drawdown of -30.64%. Use the drawdown chart below to compare losses from any high point for YAVG.NEO and PDIV.TO.

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Drawdown Indicators

YAVG.NEOPDIV.TODifference

Max Drawdown

Largest peak-to-trough decline

-39.57%

-30.64%

-8.93%

Max Drawdown (1Y)

Largest decline over 1 year

-25.90%

-5.22%

-20.68%

Max Drawdown (3Y)

Largest decline over 3 years

—

-8.61%

—

Max Drawdown (5Y)

Largest decline over 5 years

—

-14.96%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-30.64%

—

Current Drawdown

Current decline from peak

-0.50%

-1.27%

+0.77%

Average Drawdown

Average peak-to-trough decline

-8.26%

-4.35%

-3.91%

Ulcer Index

Depth and duration of drawdowns from previous peaks

8.72%

1.18%

+7.54%

Volatility

YAVG.NEO vs. PDIV.TO - Volatility Comparison

Broadcom (AVGO) Yield Shares Purpose ETF (YAVG.NEO) has a higher volatility of 11.15% compared to Purpose Enhanced Dividend Fund ETF (PDIV.TO) at 2.43%. This indicates that YAVG.NEO's price experiences larger fluctuations and is considered to be riskier than PDIV.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

YAVG.NEOPDIV.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

11.15%

2.43%

+8.72%

Volatility (6M)

Calculated over the trailing 6-month period

37.61%

5.36%

+32.25%

Volatility (1Y)

Calculated over the trailing 1-year period

47.84%

6.79%

+41.05%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

52.43%

9.87%

+42.56%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

52.43%

13.89%

+38.54%

Dividends

YAVG.NEO vs. PDIV.TO - Dividend Comparison

YAVG.NEO's dividend yield for the trailing twelve months is around 21.76%, more than PDIV.TO's 11.85% yield.

PositionTTM20252024202320222021202020192018201720162015
PDIV.TO
Purpose Enhanced Dividend Fund ETF		11.85%12.24%12.35%11.84%6.38%5.59%6.33%5.85%6.80%25.71%5.38%8.10%
YAVG.NEO
Broadcom (AVGO) Yield Shares Purpose ETF		21.76%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

YAVG.NEO and PDIV.TO have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

YAVG.NEO is categorized as Derivative Income, while PDIV.TO is Dividend.

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