PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
YAVG.NEO vs. PINC.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

YAVG.NEO vs. PINC.TO

Last updated Aug 5, 2026
Documentation

YAVG.NEO (Broadcom (AVGO) Yield Shares Purpose ETF) and PINC.TO (Purpose Multi-Asset Income Fund) are both Derivative Income funds from Purpose. Both are actively managed. Over the past year, YAVG.NEO returned 80.53% vs 24.42% for PINC.TO. Their 0.08 correlation means their historical movements had little consistent relationship. YAVG.NEO charges 1.19%/yr vs 1.04%/yr for PINC.TO.

Performance

YAVG.NEO vs. PINC.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 Multi-Asset Income Fund (PINC.TO). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, YAVG.NEO achieves a 44.89% return, which is significantly higher than PINC.TO's 16.87% 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%

PINC.TO

1D
-0.35%
1M
0.99%
6M
13.71%
YTD
16.87%
1Y
24.42%
3Y*
14.84%
5Y*
6.57%
10Y*
—
ALL TIME*
6.89%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)

PINC.TO

Purpose Multi-Asset Income Fund
CA$17.40KCA$14.42KCA$13.40K

YAVG.NEO

Broadcom (AVGO) Yield Shares Purpose ETF
CA$129.79KCA$111.65KCA$131.34K

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

2026 (YTD)2025
YAVG.NEO
Broadcom (AVGO) Yield Shares Purpose ETF		44.89%56.73%
PINC.TO
Purpose Multi-Asset Income Fund		16.87%14.13%

Correlation

The correlation between YAVG.NEO and PINC.TO is 0.09, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.

Correlation
Correlation (1Y)
Focuses on recent behavior, but can change the most.

0.09

Correlation (All Time)
Calculated using the full available price history since Feb 19, 2025

0.08

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Broadcom (AVGO) Yield Shares Purpose ETF

Purpose Multi-Asset Income Fund

Often compared with YAVG.NEO:
YAVG.NEO vs. AVGY.TOYAVG.NEO vs. CBNK.TOYAVG.NEO vs. NXF.TOYAVG.NEO vs. RCDC.TOYAVG.NEO vs. UMAX.TOYAVG.NEO vs. HPYM.TOYAVG.NEO vs. YNVD.NEO
Often compared with PINC.TO:
PINC.TO vs. MNY.TOPINC.TO vs. RATE.TOPINC.TO vs. CIF.TOPINC.TO vs. XUT.TOPINC.TO vs. HEQT.TOPINC.TO vs. FIE.TOPINC.TO vs. PDIV.TO

Return for Risk

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

Compare historical risk-adjusted metric ranks over the past 12 months.
YAVG.NEO
YAVG.NEO Risk / Return Rank: 6060
Overall Rank
YAVG.NEO Sharpe Ratio Rank: 5050
Sharpe Ratio Rank
YAVG.NEO Sortino Ratio Rank: 5757
Sortino Ratio Rank
YAVG.NEO Omega Ratio Rank: 6464
Omega Ratio Rank
YAVG.NEO Calmar Ratio Rank: 7878
Calmar Ratio Rank
YAVG.NEO Martin Ratio Rank: 5353
Martin Ratio Rank
PINC.TO
PINC.TO Risk / Return Rank: 9797
Overall Rank
PINC.TO Sharpe Ratio Rank: 9898
Sharpe Ratio Rank
PINC.TO Sortino Ratio Rank: 9797
Sortino Ratio Rank
PINC.TO Omega Ratio Rank: 9797
Omega Ratio Rank
PINC.TO Calmar Ratio Rank: 9696
Calmar Ratio Rank
PINC.TO Martin Ratio Rank: 9696
Martin Ratio Rank
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. PINC.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 Multi-Asset Income Fund (PINC.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.NEOPINC.TODifference
Sharpe ratioReturn per unit of total volatility
1.43
3.88

-2.45

Sortino ratioReturn per unit of downside risk
2.24
5.54

-3.30

Omega ratioGain probability vs. loss probability

1.31

1.81

-0.50

Calmar ratioReturn relative to maximum drawdown

3.14

6.84

-3.70

Martin ratioReturn relative to average drawdown

7.06

26.46

-19.40

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

The current YAVG.NEO Sharpe Ratio is 1.43, which is lower than the PINC.TO Sharpe Ratio of 3.88. The chart below compares the historical Sharpe Ratios of YAVG.NEO and PINC.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.

Loading charts...

Drawdowns

YAVG.NEO vs. PINC.TO - Drawdown Comparison

The maximum YAVG.NEO drawdown since its inception was -40.03%, smaller than the maximum PINC.TO drawdown of -43.84%. Use the drawdown chart below to compare losses from any high point for YAVG.NEO and PINC.TO.

Loading charts...

Drawdown Indicators

YAVG.NEOPINC.TODifference

Max Drawdown

Largest peak-to-trough decline

-40.03%

-43.84%

+3.81%

Max Drawdown (1Y)

Largest decline over 1 year

-25.90%

-3.59%

-22.31%

Max Drawdown (3Y)

Largest decline over 3 years

—

-8.55%

—

Max Drawdown (5Y)

Largest decline over 5 years

—

-21.04%

—

Current Drawdown

Current decline from peak

-9.87%

-1.29%

-8.58%

Average Drawdown

Average peak-to-trough decline

-9.46%

-5.79%

-3.67%

Ulcer Index

Depth and duration of drawdowns from previous peaks

11.48%

0.93%

+10.55%

Volatility

YAVG.NEO vs. PINC.TO - Volatility Comparison

Broadcom (AVGO) Yield Shares Purpose ETF (YAVG.NEO) has a higher volatility of 16.60% compared to Purpose Multi-Asset Income Fund (PINC.TO) at 1.70%. This indicates that YAVG.NEO's price experiences larger fluctuations and is considered to be riskier than PINC.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

YAVG.NEOPINC.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

16.60%

1.70%

+14.90%

Volatility (6M)

Calculated over the trailing 6-month period

45.34%

5.02%

+40.32%

Volatility (1Y)

Calculated over the trailing 1-year period

57.11%

6.34%

+50.77%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

56.12%

8.39%

+47.73%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

56.12%

14.68%

+41.44%

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

YAVG.NEO has a 1.19% expense ratio, which is higher than PINC.TO's 1.04% expense ratio.

Dividends

YAVG.NEO vs. PINC.TO - Dividend Comparison

YAVG.NEO's dividend yield for the trailing twelve months is around 27.31%, more than PINC.TO's 4.44% yield.

PositionTTM20252024202320222021202020192018
PINC.TO
Purpose Multi-Asset Income Fund		4.44%5.05%5.48%5.78%5.51%4.60%5.33%5.06%3.66%
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%

Frequently Asked Questions

YAVG.NEO and PINC.TO have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, PINC.TO is cheaper at 1.04% per year. The better choice depends on whether you care most about return, fees, risk, or income.

PINC.TO is cheaper with a 1.04% expense ratio, compared with 1.19% for YAVG.NEO.

Their fees differ too: 1.19% for YAVG.NEO and 1.04% for PINC.TO.

Portfolio Optimizer

Find the right allocation for YAVG.NEO and PINC.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