YGOG.NEO vs. DXQ.TO
YGOG.NEO (Alphabet (GOOGL) Yield Shares Purpose ETF) and DXQ.TO (Dynamic Active Enhanced Yield Covered Options ETF) are both Derivative Income funds. Both are actively managed. Over the past 3 years, YGOG.NEO returned 42.26%/yr vs 17.48%/yr for DXQ.TO. At a 0.41 correlation, their price movements are largely independent. YGOG.NEO charges 0.40%/yr vs 0.72%/yr for DXQ.TO.
Performance
YGOG.NEO vs. DXQ.TO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, YGOG.NEO achieves a 6.14% return, which is significantly lower than DXQ.TO's 7.37% return.
YGOG.NEO
- 1D
- -0.02%
- 1M
- -12.62%
- YTD
- 6.14%
- 6M
- 6.02%
- 1Y
- 104.39%
- 3Y*
- 42.26%
- 5Y*
- —
- 10Y*
- —
DXQ.TO
- 1D
- -0.24%
- 1M
- 1.01%
- YTD
- 7.37%
- 6M
- 7.50%
- 1Y
- 16.81%
- 3Y*
- 17.48%
- 5Y*
- —
- 10Y*
- —
YGOG.NEO vs. DXQ.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
YGOG.NEO Alphabet (GOOGL) Yield Shares Purpose ETF | 6.14% | 69.46% | 35.49% | 56.09% | 1.29% |
DXQ.TO Dynamic Active Enhanced Yield Covered Options ETF | 7.37% | 12.99% | 21.07% | 20.08% | 0.27% |
Correlation
The correlation between YGOG.NEO and DXQ.TO is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.38 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.40 |
Correlation (All Time) Calculated using the full available price history since Dec 20, 2022 | 0.41 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
YGOG.NEO vs. DXQ.TO — Risk / Return Rank
YGOG.NEO
DXQ.TO
YGOG.NEO vs. DXQ.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 Dynamic Active Enhanced Yield Covered Options ETF (DXQ.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.NEO | DXQ.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.43 | ||
| Sortino ratioReturn per unit of downside risk | +1.51 | ||
| Omega ratioGain probability vs. loss probability | 1.52 | 1.34 | +0.17 |
| Calmar ratioReturn relative to maximum drawdown | 4.81 | 3.30 | +1.51 |
| Martin ratioReturn relative to average drawdown | 16.57 | 9.15 | +7.43 |
Loading charts...
Drawdowns
YGOG.NEO vs. DXQ.TO - Drawdown Comparison
The maximum YGOG.NEO drawdown since its inception was -34.24%, which is greater than DXQ.TO's maximum drawdown of -15.54%. Use the drawdown chart below to compare losses from any high point for YGOG.NEO and DXQ.TO.
Loading charts...
Drawdown Indicators
| YGOG.NEO | DXQ.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.24% | -15.54% | -18.70% |
Max Drawdown (1Y)Largest decline over 1 year | -21.82% | -5.11% | -16.71% |
Max Drawdown (3Y)Largest decline over 3 years | -34.24% | -15.54% | -18.70% |
Current DrawdownCurrent decline from peak | -15.54% | -1.86% | -13.68% |
Average DrawdownAverage peak-to-trough decline | -7.60% | -1.26% | -6.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.32% | 1.84% | +4.48% |
Volatility
YGOG.NEO vs. DXQ.TO - Volatility Comparison
Alphabet (GOOGL) Yield Shares Purpose ETF (YGOG.NEO) has a higher volatility of 12.52% compared to Dynamic Active Enhanced Yield Covered Options ETF (DXQ.TO) at 3.11%. This indicates that YGOG.NEO's price experiences larger fluctuations and is considered to be riskier than DXQ.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| YGOG.NEO | DXQ.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.52% | 3.11% | +9.41% |
Volatility (6M)Calculated over the trailing 6-month period | 23.79% | 7.57% | +16.22% |
Volatility (1Y)Calculated over the trailing 1-year period | 32.51% | 9.31% | +23.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.99% | 10.92% | +22.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.99% | 10.92% | +22.07% |
YGOG.NEO vs. DXQ.TO - Expense Ratio Comparison
YGOG.NEO has a 0.40% expense ratio, which is lower than DXQ.TO's 0.72% expense ratio.
Dividends
YGOG.NEO vs. DXQ.TO - Dividend Comparison
YGOG.NEO's dividend yield for the trailing twelve months is around 8.50%, more than DXQ.TO's 7.89% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
DXQ.TO Dynamic Active Enhanced Yield Covered Options ETF | 7.89% | 7.45% | 5.74% | 6.54% | 1.83% |
YGOG.NEO Alphabet (GOOGL) Yield Shares Purpose ETF | 8.50% | 5.84% | 6.63% | 7.24% | 0.91% |
Frequently Asked Questions
YGOG.NEO and DXQ.TO have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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.
YGOG.NEO is cheaper with a 0.40% expense ratio, compared with 0.72% for DXQ.TO.
They also come from different issuers: Purpose and Dynamic. Their fees differ too: 0.40% for YGOG.NEO and 0.72% for DXQ.TO.
Find the right allocation for YGOG.NEO and DXQ.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