YGOG.NEO vs. BGIN.NEO

Last updated Jun 26, 2026

YGOG.NEO (Alphabet (GOOGL) Yield Shares Purpose ETF) and BGIN.NEO (BMO Global Innovators Fund Active ETF Series) are both exchange-traded funds - YGOG.NEO is a Derivative Income fund actively managed by Purpose, while BGIN.NEO is a Technology Equities fund actively managed by BMO. Both are actively managed. Over the past year, YGOG.NEO returned 104.39% vs 75.73% for BGIN.NEO. At a 0.23 correlation, their price movements are largely independent. YGOG.NEO charges 0.40%/yr vs 1.07%/yr for BGIN.NEO.

Performance

YGOG.NEO vs. BGIN.NEO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Alphabet (GOOGL) Yield Shares Purpose ETF (YGOG.NEO) and BMO Global Innovators Fund Active ETF Series (BGIN.NEO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, YGOG.NEO achieves a 6.14% return, which is significantly lower than BGIN.NEO's 51.50% return.

YGOG.NEO

• 1D: -0.02%
• 1M: -12.62%
• YTD: 6.14%
• 6M: 6.02%
• 1Y: 104.39%
• 3Y*: 42.26%
• 5Y*: —
• 10Y*: —

BGIN.NEO

• 1D: 0.00%
• 1M: 5.26%
• YTD: 51.50%
• 6M: 51.55%
• 1Y: 75.73%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

YGOG.NEO vs. BGIN.NEO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
YGOG.NEO Alphabet (GOOGL) Yield Shares Purpose ETF	6.14%	69.46%	35.49%	18.16%
BGIN.NEO BMO Global Innovators Fund Active ETF Series	51.50%	19.37%	32.08%	11.72%

Correlation

The correlation between YGOG.NEO and BGIN.NEO is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.34
Correlation (All Time) Calculated using the full available price history since Jun 27, 2023	0.23

The correlation between YGOG.NEO and BGIN.NEO shifts across timeframes, from 0.23 (all time) to 0.34 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

YGOG.NEO vs. BGIN.NEO — Risk / Return Rank

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

YGOG.NEO

YGOG.NEO Risk / Return Rank: 91
YGOG.NEO Sharpe Ratio Rank: 95
YGOG.NEO Sortino Ratio Rank: 93
YGOG.NEO Omega Ratio Rank: 91
YGOG.NEO Calmar Ratio Rank: 89
YGOG.NEO Martin Ratio Rank: 88

BGIN.NEO

BGIN.NEO Risk / Return Rank: 87
BGIN.NEO Sharpe Ratio Rank: 87
BGIN.NEO Sortino Ratio Rank: 80
BGIN.NEO Omega Ratio Rank: 89
BGIN.NEO Calmar Ratio Rank: 93
BGIN.NEO Martin Ratio Rank: 89

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.

YGOG.NEO vs. BGIN.NEO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Alphabet (GOOGL) Yield Shares Purpose ETF (YGOG.NEO) and BMO Global Innovators Fund Active ETF Series (BGIN.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.

	YGOG.NEO	BGIN.NEO	Difference
Sharpe ratio: Return per unit of total volatility	3.24	2.46	+0.78
Sortino ratio: Return per unit of downside risk	4.08	3.11	+0.96
Omega ratio: Gain probability vs. loss probability	1.52	1.48	+0.03
Calmar ratio: Return relative to maximum drawdown	4.81	5.79	-0.97
Martin ratio: Return relative to average drawdown	16.57	17.17	-0.60

YGOG.NEO vs. BGIN.NEO - Sharpe Ratio Comparison

The current YGOG.NEO Sharpe Ratio is 3.24, which is higher than the BGIN.NEO Sharpe Ratio of 2.46. The chart below compares the historical Sharpe Ratios of YGOG.NEO and BGIN.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.

Drawdowns

YGOG.NEO vs. BGIN.NEO - Drawdown Comparison

The maximum YGOG.NEO drawdown since its inception was -34.24%, which is greater than BGIN.NEO's maximum drawdown of -29.19%. Use the drawdown chart below to compare losses from any high point for YGOG.NEO and BGIN.NEO.

Drawdown Indicators

	YGOG.NEO	BGIN.NEO	Difference
Max Drawdown Largest peak-to-trough decline	-34.24%	-29.19%	-5.05%
Max Drawdown (1Y) Largest decline over 1 year	-21.82%	-13.23%	-8.59%
Max Drawdown (3Y) Largest decline over 3 years	-34.24%	-29.19%	-5.05%
Current Drawdown Current decline from peak	-15.54%	-6.54%	-9.00%
Average Drawdown Average peak-to-trough decline	-7.60%	-4.45%	-3.15%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.32%	4.44%	+1.88%

Volatility

YGOG.NEO vs. BGIN.NEO - Volatility Comparison

The current volatility for Alphabet (GOOGL) Yield Shares Purpose ETF (YGOG.NEO) is 12.52%, while BMO Global Innovators Fund Active ETF Series (BGIN.NEO) has a volatility of 17.75%. This indicates that YGOG.NEO experiences smaller price fluctuations and is considered to be less risky than BGIN.NEO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	YGOG.NEO	BGIN.NEO	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.52%	17.75%	-5.23%
Volatility (6M) Calculated over the trailing 6-month period	23.79%	26.54%	-2.75%
Volatility (1Y) Calculated over the trailing 1-year period	32.51%	31.19%	+1.32%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.99%	27.73%	+5.26%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.99%	27.73%	+5.26%

YGOG.NEO vs. BGIN.NEO - Expense Ratio Comparison

YGOG.NEO has a 0.40% expense ratio, which is lower than BGIN.NEO's 1.07% expense ratio.

Dividends

YGOG.NEO vs. BGIN.NEO - Dividend Comparison

YGOG.NEO's dividend yield for the trailing twelve months is around 8.50%, more than BGIN.NEO's 0.20% yield.

Position	TTM	2025	2024	2023	2022
BGIN.NEO BMO Global Innovators Fund Active ETF Series	0.20%	0.30%	0.36%	0.12%	0.00%
YGOG.NEO Alphabet (GOOGL) Yield Shares Purpose ETF	8.50%	5.84%	6.63%	7.24%	0.91%

Frequently Asked Questions

Can I hold both YGOG.NEO and BGIN.NEO in my portfolio?

YGOG.NEO and BGIN.NEO have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, YGOG.NEO or BGIN.NEO?

On fees, YGOG.NEO is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, YGOG.NEO or BGIN.NEO?

YGOG.NEO is cheaper with a 0.40% expense ratio, compared with 1.07% for BGIN.NEO.

What is the main difference between YGOG.NEO and BGIN.NEO?

YGOG.NEO is categorized as Derivative Income, while BGIN.NEO is Technology Equities. They also come from different issuers: Purpose and BMO. Their fees differ too: 0.40% for YGOG.NEO and 1.07% for BGIN.NEO.