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YGOG.NEO vs. BTCY-B.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

YGOG.NEO vs. BTCY-B.TO

Last updated Jul 18, 2026
Documentation

YGOG.NEO (Alphabet (GOOGL) Yield Shares Purpose ETF) and BTCY-B.TO (Purpose Bitcoin Yield ETF CAD Non-Currency Hedged Units) are both exchange-traded funds - YGOG.NEO is a Derivative Income fund actively managed by Purpose, while BTCY-B.TO is a Cryptocurrency fund actively managed by Purpose. Both are actively managed. Over the past 3 years, YGOG.NEO returned 40.94%/yr vs 21.80%/yr for BTCY-B.TO. At a 0.22 correlation, their price movements are largely independent.

Performance

YGOG.NEO vs. BTCY-B.TO - 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 Purpose Bitcoin Yield ETF CAD Non-Currency Hedged Units (BTCY-B.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, YGOG.NEO achieves a 7.83% return, which is significantly higher than BTCY-B.TO's -27.96% return.

YGOG.NEO

1D
-2.00%
1M
-4.79%
6M
1.86%
YTD
7.83%
1Y
92.76%
3Y*
40.94%
5Y*
—
10Y*
—

BTCY-B.TO

1D
0.00%
1M
-0.63%
6M
-34.93%
YTD
-27.96%
1Y
-46.59%
3Y*
21.80%
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

YGOG.NEO vs. BTCY-B.TO - Yearly Performance Comparison

2026 (YTD)2025202420232022
YGOG.NEO
Alphabet (GOOGL) Yield Shares Purpose ETF		7.83%69.46%35.49%56.09%1.29%
BTCY-B.TO
Purpose Bitcoin Yield ETF CAD Non-Currency Hedged Units		-27.96%-11.51%113.48%107.21%-1.56%

Correlation

The correlation between YGOG.NEO and BTCY-B.TO is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.

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

0.24

Correlation (3Y)
Calculated over the trailing 3-year period

0.23

Correlation (All Time)
Calculated using the full available price history since Dec 20, 2022

0.22

Compare stocks, funds, or ETFs

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Alphabet (GOOGL) Yield Shares Purpose ETF

Purpose Bitcoin Yield ETF CAD Non-Currency Hedged Units

Often compared with YGOG.NEO:
YGOG.NEO vs. HBF.TOYGOG.NEO vs. CBNK.TOYGOG.NEO vs. MSHE.TOYGOG.NEO vs. TEC.TOYGOG.NEO vs. HLIF.TOYGOG.NEO vs. TXF.TOYGOG.NEO vs. GOGY.TO
Often compared with BTCY-B.TO:
BTCY-B.TO vs. BTCY-U.TOBTCY-B.TO vs. ETHY-U.TOBTCY-B.TO vs. YPLT.NEOBTCY-B.TO vs. BTCC-B.TOBTCY-B.TO vs. BTCC-U.TOBTCY-B.TO vs. BTCC.TOBTCY-B.TO vs. BTCX-B.TO

Return for Risk

YGOG.NEO vs. BTCY-B.TO — 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: 9191
Overall Rank
YGOG.NEO Sharpe Ratio Rank: 9494
Sharpe Ratio Rank
YGOG.NEO Sortino Ratio Rank: 9393
Sortino Ratio Rank
YGOG.NEO Omega Ratio Rank: 9090
Omega Ratio Rank
YGOG.NEO Calmar Ratio Rank: 9191
Calmar Ratio Rank
YGOG.NEO Martin Ratio Rank: 8686
Martin Ratio Rank
BTCY-B.TO
BTCY-B.TO Risk / Return Rank: 22
Overall Rank
BTCY-B.TO Sharpe Ratio Rank: 22
Sharpe Ratio Rank
BTCY-B.TO Sortino Ratio Rank: 22
Sortino Ratio Rank
BTCY-B.TO Omega Ratio Rank: 22
Omega Ratio Rank
BTCY-B.TO Calmar Ratio Rank: 22
Calmar Ratio Rank
BTCY-B.TO Martin Ratio Rank: 22
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.

YGOG.NEO vs. BTCY-B.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Alphabet (GOOGL) Yield Shares Purpose ETF (YGOG.NEO) and Purpose Bitcoin Yield ETF CAD Non-Currency Hedged Units (BTCY-B.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.

YGOG.NEOBTCY-B.TODifference
Sharpe ratioReturn per unit of total volatility
2.78
-0.95

+3.73

Sortino ratioReturn per unit of downside risk
3.61
-1.39

+5.00

Omega ratioGain probability vs. loss probability

1.45

0.84

+0.61

Calmar ratioReturn relative to maximum drawdown

4.28

-0.85

+5.13

Martin ratioReturn relative to average drawdown

13.39

-1.36

+14.76

YGOG.NEO vs. BTCY-B.TO - Sharpe Ratio Comparison

The current YGOG.NEO Sharpe Ratio is 2.78, which is higher than the BTCY-B.TO Sharpe Ratio of -0.95. The chart below compares the historical Sharpe Ratios of YGOG.NEO and BTCY-B.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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Drawdowns

YGOG.NEO vs. BTCY-B.TO - Drawdown Comparison

The maximum YGOG.NEO drawdown since its inception was -34.24%, smaller than the maximum BTCY-B.TO drawdown of -71.05%. Use the drawdown chart below to compare losses from any high point for YGOG.NEO and BTCY-B.TO.

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Drawdown Indicators

YGOG.NEOBTCY-B.TODifference

Max Drawdown

Largest peak-to-trough decline

-34.24%

-71.05%

+36.81%

Max Drawdown (1Y)

Largest decline over 1 year

-21.82%

-54.74%

+32.92%

Max Drawdown (3Y)

Largest decline over 3 years

-34.24%

-54.74%

+20.50%

Current Drawdown

Current decline from peak

-14.19%

-50.04%

+35.85%

Average Drawdown

Average peak-to-trough decline

-7.66%

-32.81%

+25.15%

Ulcer Index

Depth and duration of drawdowns from previous peaks

6.95%

34.25%

-27.30%

Volatility

YGOG.NEO vs. BTCY-B.TO - Volatility Comparison

Alphabet (GOOGL) Yield Shares Purpose ETF (YGOG.NEO) has a higher volatility of 13.21% compared to Purpose Bitcoin Yield ETF CAD Non-Currency Hedged Units (BTCY-B.TO) at 12.53%. This indicates that YGOG.NEO's price experiences larger fluctuations and is considered to be riskier than BTCY-B.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

YGOG.NEOBTCY-B.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

13.21%

12.53%

+0.68%

Volatility (6M)

Calculated over the trailing 6-month period

25.43%

41.55%

-16.12%

Volatility (1Y)

Calculated over the trailing 1-year period

33.52%

49.31%

-15.79%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

33.12%

49.66%

-16.54%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

33.12%

49.66%

-16.54%

Dividends

YGOG.NEO vs. BTCY-B.TO - Dividend Comparison

YGOG.NEO's dividend yield for the trailing twelve months is around 9.07%, less than BTCY-B.TO's 21.88% yield.

PositionTTM20252024202320222021
BTCY-B.TO
Purpose Bitcoin Yield ETF CAD Non-Currency Hedged Units		21.88%14.33%7.69%9.31%19.45%1.25%
YGOG.NEO
Alphabet (GOOGL) Yield Shares Purpose ETF		9.07%5.84%6.63%7.24%0.91%0.00%

Frequently Asked Questions

YGOG.NEO and BTCY-B.TO have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

YGOG.NEO is categorized as Derivative Income, while BTCY-B.TO is Cryptocurrency.

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