YCST.NEO vs. HDIV.TO

Last updated Apr 15, 2026

YCST.NEO (Costco (COST) Yield Shares Purpose ETF) and HDIV.TO (Hamilton Enhanced Multi-Sector Covered Call ETF) are both Derivative Income funds. Both are actively managed. Over the past year, YCST.NEO returned -8.87% vs 53.23% for HDIV.TO. At 0.05, their price movements are largely independent. YCST.NEO charges 0.40%/yr vs 0.00%/yr for HDIV.TO.

Performance

YCST.NEO vs. HDIV.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Costco (COST) Yield Shares Purpose ETF (YCST.NEO) and Hamilton Enhanced Multi-Sector Covered Call ETF (HDIV.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, YCST.NEO achieves a 10.27% return, which is significantly higher than HDIV.TO's 9.31% return.

YCST.NEO

• 1D: -0.67%
• 1M: -4.20%
• YTD: 10.27%
• 6M: -2.20%
• 1Y: -8.87%
• 3Y*: —
• 5Y*: —
• 10Y*: —

HDIV.TO

• 1D: 0.87%
• 1M: 6.83%
• YTD: 9.31%
• 6M: 15.01%
• 1Y: 53.23%
• 3Y*: 23.87%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

YCST.NEO vs. HDIV.TO - Yearly Performance Comparison

	2026 (YTD)	2025
YCST.NEO Costco (COST) Yield Shares Purpose ETF	10.27%	-23.79%
HDIV.TO Hamilton Enhanced Multi-Sector Covered Call ETF	9.31%	28.15%

Correlation

The correlation between YCST.NEO and HDIV.TO is 0.00, 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	0.00
Correlation (All Time) Calculated using the full available price history since Feb 21, 2025	0.05

Return for Risk

YCST.NEO vs. HDIV.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

YCST.NEO

YCST.NEO Risk / Return Rank: 3
YCST.NEO Sharpe Ratio Rank: 3
YCST.NEO Sortino Ratio Rank: 3
YCST.NEO Omega Ratio Rank: 3
YCST.NEO Calmar Ratio Rank: 3
YCST.NEO Martin Ratio Rank: 3

HDIV.TO

HDIV.TO Risk / Return Rank: 95
HDIV.TO Sharpe Ratio Rank: 97
HDIV.TO Sortino Ratio Rank: 95
HDIV.TO Omega Ratio Rank: 96
HDIV.TO Calmar Ratio Rank: 93
HDIV.TO Martin Ratio Rank: 96

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.

YCST.NEO vs. HDIV.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Costco (COST) Yield Shares Purpose ETF (YCST.NEO) and Hamilton Enhanced Multi-Sector Covered Call ETF (HDIV.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.

	YCST.NEO	HDIV.TO	Difference
Sharpe ratio Return per unit of total volatility	-0.44	4.42	-4.86
Sortino ratio Return per unit of downside risk	-0.49	5.51	-6.00
Omega ratio Gain probability vs. loss probability	0.94	1.85	-0.91
Calmar ratio Return relative to maximum drawdown	-0.39	6.71	-7.09
Martin ratio Return relative to average drawdown	-0.71	32.80	-33.51
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

YCST.NEO vs. HDIV.TO - Sharpe Ratio Comparison

The current YCST.NEO Sharpe Ratio is -0.44, which is lower than the HDIV.TO Sharpe Ratio of 4.42. The chart below compares the historical Sharpe Ratios of YCST.NEO and HDIV.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.

Sharpe Ratios by Period

	YCST.NEO	HDIV.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.44	4.42	-4.86
Sharpe Ratio (All Time) Calculated using the full available price history	-0.59	1.20	-1.79

Drawdowns

YCST.NEO vs. HDIV.TO - Drawdown Comparison

The maximum YCST.NEO drawdown since its inception was -25.53%, which is greater than HDIV.TO's maximum drawdown of -22.32%. Use the drawdown chart below to compare losses from any high point for YCST.NEO and HDIV.TO.

Drawdown Indicators

	YCST.NEO	HDIV.TO	Difference
Max Drawdown Largest peak-to-trough decline	-25.53%	-22.32%	-3.21%
Max Drawdown (1Y) Largest decline over 1 year	-24.19%	-8.73%	-15.46%
Current Drawdown Current decline from peak	-17.10%	0.00%	-17.10%
Average Drawdown Average peak-to-trough decline	-13.36%	-4.33%	-9.03%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.19%	1.79%	+11.40%

Volatility

YCST.NEO vs. HDIV.TO - Volatility Comparison

Costco (COST) Yield Shares Purpose ETF (YCST.NEO) has a higher volatility of 6.10% compared to Hamilton Enhanced Multi-Sector Covered Call ETF (HDIV.TO) at 5.44%. This indicates that YCST.NEO's price experiences larger fluctuations and is considered to be riskier than HDIV.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	YCST.NEO	HDIV.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.10%	5.44%	+0.66%
Volatility (6M) Calculated over the trailing 6-month period	15.54%	10.67%	+4.87%
Volatility (1Y) Calculated over the trailing 1-year period	20.43%	12.21%	+8.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.88%	15.72%	+8.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.88%	15.72%	+8.16%

YCST.NEO vs. HDIV.TO - Expense Ratio Comparison

YCST.NEO has a 0.40% expense ratio, which is higher than HDIV.TO's 0.00% expense ratio.

Dividends

YCST.NEO vs. HDIV.TO - Dividend Comparison

YCST.NEO has not paid dividends to shareholders, while HDIV.TO's dividend yield for the trailing twelve months is around 9.62%.

	TTM	2025	2024	2023	2022	2021
YCST.NEO Costco (COST) Yield Shares Purpose ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
HDIV.TO Hamilton Enhanced Multi-Sector Covered Call ETF	9.62%	10.09%	11.38%	10.41%	9.64%	3.39%