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YAVG.NEO vs. SDAY.NEO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

YAVG.NEO vs. SDAY.NEO - 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 Enhanced U.S. Equity DayMAX™ ETF (SDAY.NEO). 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 26.00% return, which is significantly higher than SDAY.NEO's 15.24% return.


YAVG.NEO

1D
-0.71%
1M
-0.76%
6M
22.86%
YTD
26.00%
1Y
60.30%
3Y*
5Y*
10Y*

SDAY.NEO

1D
-1.13%
1M
2.43%
6M
7.41%
YTD
15.24%
1Y
20.01%
3Y*
5Y*
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

YAVG.NEO vs. SDAY.NEO - Yearly Performance Comparison


Correlation

The correlation between YAVG.NEO and SDAY.NEO is -0.09, 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 (1Y)
Calculated over the trailing 1-year period

-0.09

Correlation (All Time)
Calculated using the full available price history since Jul 14, 2025

-0.09

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Return for Risk

YAVG.NEO vs. SDAY.NEO — 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: 4949
Overall Rank
YAVG.NEO Sharpe Ratio Rank: 3939
Sharpe Ratio Rank
YAVG.NEO Sortino Ratio Rank: 4747
Sortino Ratio Rank
YAVG.NEO Omega Ratio Rank: 5353
Omega Ratio Rank
YAVG.NEO Calmar Ratio Rank: 6262
Calmar Ratio Rank
YAVG.NEO Martin Ratio Rank: 4545
Martin Ratio Rank

SDAY.NEO
SDAY.NEO Risk / Return Rank: 6464
Overall Rank
SDAY.NEO Sharpe Ratio Rank: 6464
Sharpe Ratio Rank
SDAY.NEO Sortino Ratio Rank: 6767
Sortino Ratio Rank
SDAY.NEO Omega Ratio Rank: 6161
Omega Ratio Rank
SDAY.NEO Calmar Ratio Rank: 6666
Calmar Ratio Rank
SDAY.NEO Martin Ratio Rank: 6161
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. SDAY.NEO - 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 Enhanced U.S. Equity DayMAX™ ETF (SDAY.NEO). 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.NEOSDAY.NEODifference
Sharpe ratioReturn per unit of total volatility

-0.57

Sortino ratioReturn per unit of downside risk

-0.59

Omega ratioGain probability vs. loss probability

1.26

1.29

-0.04

Calmar ratioReturn relative to maximum drawdown

2.35

2.62

-0.26

Martin ratioReturn relative to average drawdown

5.60

8.36

-2.77

YAVG.NEO vs. SDAY.NEO - Sharpe Ratio Comparison

The current YAVG.NEO Sharpe Ratio is 1.10, which is lower than the SDAY.NEO Sharpe Ratio of 1.67. The chart below compares the historical Sharpe Ratios of YAVG.NEO and SDAY.NEO, 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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Drawdowns

YAVG.NEO vs. SDAY.NEO - Drawdown Comparison

The maximum YAVG.NEO drawdown since its inception was -40.03%, which is greater than SDAY.NEO's maximum drawdown of -7.75%. Use the drawdown chart below to compare losses from any high point for YAVG.NEO and SDAY.NEO.


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Drawdown Indicators


YAVG.NEOSDAY.NEODifference

Max Drawdown

Largest peak-to-trough decline

-40.03%

-7.75%

-32.28%

Max Drawdown (1Y)

Largest decline over 1 year

-25.90%

-7.75%

-18.15%

Current Drawdown

Current decline from peak

-21.62%

-3.60%

-18.02%

Average Drawdown

Average peak-to-trough decline

-9.20%

-1.74%

-7.46%

Ulcer Index

Depth and duration of drawdowns from previous peaks

10.84%

2.41%

+8.43%

Volatility

YAVG.NEO vs. SDAY.NEO - Volatility Comparison

Broadcom (AVGO) Yield Shares Purpose ETF (YAVG.NEO) has a higher volatility of 16.15% compared to Hamilton Enhanced U.S. Equity DayMAX™ ETF (SDAY.NEO) at 5.16%. This indicates that YAVG.NEO's price experiences larger fluctuations and is considered to be riskier than SDAY.NEO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


YAVG.NEOSDAY.NEODifference

Volatility (1M)

Calculated over the trailing 1-month period

16.15%

5.16%

+10.99%

Volatility (6M)

Calculated over the trailing 6-month period

43.66%

9.71%

+33.95%

Volatility (1Y)

Calculated over the trailing 1-year period

55.35%

12.19%

+43.16%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

55.63%

12.17%

+43.46%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

55.63%

12.17%

+43.46%

Dividends

YAVG.NEO vs. SDAY.NEO - Dividend Comparison

YAVG.NEO's dividend yield for the trailing twelve months is around 29.26%, more than SDAY.NEO's 18.07% yield.


Frequently Asked Questions


YAVG.NEO and SDAY.NEO 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.

They also come from different issuers: Purpose Investments and Hamilton Capital.

Portfolio Optimizer

Find the right allocation for YAVG.NEO and SDAY.NEO

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