YGOG.NEO vs. HPYT.TO
YGOG.NEO (Alphabet (GOOGL) Yield Shares Purpose ETF) and HPYT.TO (Harvest Premium Yield Treasury ETF A) are both Derivative Income funds. Both are actively managed. Over the past year, YGOG.NEO returned 119.67% vs 5.01% for HPYT.TO. At a 0.08 correlation, their price movements are largely independent. YGOG.NEO charges 0.40%/yr vs 0.45%/yr for HPYT.TO.
Performance
YGOG.NEO vs. HPYT.TO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, YGOG.NEO achieves a 10.76% return, which is significantly higher than HPYT.TO's -0.30% return.
YGOG.NEO
- 1D
- -0.97%
- 1M
- -7.79%
- YTD
- 10.76%
- 6M
- 8.82%
- 1Y
- 119.67%
- 3Y*
- 45.35%
- 5Y*
- —
- 10Y*
- —
HPYT.TO
- 1D
- -0.31%
- 1M
- 0.63%
- YTD
- -0.30%
- 6M
- -1.79%
- 1Y
- 5.01%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
YGOG.NEO vs. HPYT.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
YGOG.NEO Alphabet (GOOGL) Yield Shares Purpose ETF | 10.76% | 69.45% | 46.37% | 4.33% |
HPYT.TO Harvest Premium Yield Treasury ETF A | -0.30% | 4.39% | -5.96% | 4.46% |
Correlation
The correlation between YGOG.NEO and HPYT.TO is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.18 |
Correlation (All Time) Calculated using the full available price history since Sep 29, 2023 | 0.08 |
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. HPYT.TO — Risk / Return Rank
YGOG.NEO
HPYT.TO
YGOG.NEO vs. HPYT.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 Harvest Premium Yield Treasury ETF A (HPYT.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.
| YGOG.NEO | HPYT.TO | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 3.77 | 0.62 | +3.15 |
Sortino ratioReturn per unit of downside risk | 4.77 | 0.93 | +3.84 |
Omega ratioGain probability vs. loss probability | 1.61 | 1.11 | +0.50 |
Calmar ratioReturn relative to maximum drawdown | 5.52 | 0.76 | +4.76 |
Martin ratioReturn relative to average drawdown | 20.61 | 2.06 | +18.55 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| YGOG.NEO | HPYT.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.77 | 0.62 | +3.15 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.62 | 0.08 | +1.54 |
Drawdowns
YGOG.NEO vs. HPYT.TO - Drawdown Comparison
The maximum YGOG.NEO drawdown since its inception was -33.45%, which is greater than HPYT.TO's maximum drawdown of -13.17%. Use the drawdown chart below to compare losses from any high point for YGOG.NEO and HPYT.TO.
Loading charts...
Drawdown Indicators
| YGOG.NEO | HPYT.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.45% | -13.17% | -20.28% |
Max Drawdown (1Y)Largest decline over 1 year | -21.82% | -6.61% | -15.21% |
Max Drawdown (3Y)Largest decline over 3 years | -33.45% | — | — |
Current DrawdownCurrent decline from peak | -11.86% | -7.33% | -4.53% |
Average DrawdownAverage peak-to-trough decline | -7.59% | -5.86% | -1.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.83% | 2.44% | +3.39% |
Volatility
YGOG.NEO vs. HPYT.TO - Volatility Comparison
Alphabet (GOOGL) Yield Shares Purpose ETF (YGOG.NEO) has a higher volatility of 11.10% compared to Harvest Premium Yield Treasury ETF A (HPYT.TO) at 2.78%. This indicates that YGOG.NEO's price experiences larger fluctuations and is considered to be riskier than HPYT.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| YGOG.NEO | HPYT.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.10% | 2.78% | +8.32% |
Volatility (6M)Calculated over the trailing 6-month period | 22.75% | 5.67% | +17.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 32.02% | 8.14% | +23.88% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.94% | 10.87% | +22.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.94% | 10.87% | +22.07% |
YGOG.NEO vs. HPYT.TO - Expense Ratio Comparison
YGOG.NEO has a 0.40% expense ratio, which is lower than HPYT.TO's 0.45% expense ratio.
Dividends
YGOG.NEO vs. HPYT.TO - Dividend Comparison
YGOG.NEO's dividend yield for the trailing twelve months is around 8.15%, less than HPYT.TO's 17.40% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
HPYT.TO Harvest Premium Yield Treasury ETF A | 17.40% | 18.87% | 18.61% | 3.71% | 0.00% |
YGOG.NEO Alphabet (GOOGL) Yield Shares Purpose ETF | 8.15% | 5.84% | 14.19% | 7.22% | 0.91% |
Frequently Asked Questions
YGOG.NEO and HPYT.TO have a correlation of 0.18, 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 0.45% for HPYT.TO.
They also come from different issuers: Purpose and Harvest. Their fees differ too: 0.40% for YGOG.NEO and 0.45% for HPYT.TO.
Find the right allocation for YGOG.NEO and HPYT.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