YGOG.NEO vs. PDF.TO

Last updated Aug 2, 2026

YGOG.NEO (Alphabet (GOOGL) Yield Shares Purpose ETF) and PDF.TO (Purpose Core Dividend Fund) are both exchange-traded funds - YGOG.NEO is a Derivative Income fund actively managed by Purpose, while PDF.TO is a Dividend fund actively managed by Purpose. Both are actively managed. Over the past 3 years, YGOG.NEO returned 39.39%/yr vs 19.06%/yr for PDF.TO. Their 0.16 correlation means their historical movements had little consistent relationship. YGOG.NEO charges 0.40%/yr vs 0.66%/yr for PDF.TO.

Performance

YGOG.NEO vs. PDF.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 Core Dividend Fund (PDF.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, YGOG.NEO achieves a 11.15% return, which is significantly lower than PDF.TO's 20.56% return.

YGOG.NEO

• 1D: 7.13%
• 1M: -1.03%
• 6M: 2.29%
• YTD: 11.15%
• 1Y: 90.89%
• 3Y*: 39.39%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 47.15%

PDF.TO

• 1D: 0.07%
• 1M: 1.78%
• 6M: 16.58%
• YTD: 20.56%
• 1Y: 35.64%
• 3Y*: 19.06%
• 5Y*: 12.16%
• 10Y*: 9.70%
• ALL TIME*: 10.47%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
PDF.TO Purpose Core Dividend Fund	CA$197.79K	CA$214.85K	CA$225.89K
YGOG.NEO Alphabet (GOOGL) Yield Shares Purpose ETF	CA$514.43K	CA$426.69K	CA$501.63K

YGOG.NEO vs. PDF.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
YGOG.NEO Alphabet (GOOGL) Yield Shares Purpose ETF	11.15%	69.46%	35.49%	56.09%	1.29%
PDF.TO Purpose Core Dividend Fund	20.56%	20.44%	13.61%	4.13%	1.09%

Correlation

The correlation between YGOG.NEO and PDF.TO is 0.23, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.23
Correlation (3Y) Balances recent behavior with more history.	0.17
Correlation (All Time) Calculated using the full available price history since Dec 20, 2022	0.16

YGOG.NEO vs. PDF.TO - Sectors Allocation Comparison

Sectors	YGOG.NEO	PDF.TO
Communication Services	100.0%	2.9%
Basic Materials	-	3.9%
Consumer Cyclical	-	8.2%
Consumer Defensive	-	3.6%
Energy	-	12.3%
Financial Services	-	43.2%
Healthcare	-	6.9%
Industrials	-	6.5%
Real Estate	-	-
Technology	-	7.8%
Utilities	-	4.7%

Return for Risk

YGOG.NEO vs. PDF.TO — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

YGOG.NEO

YGOG.NEO Risk / Return Rank: 90
YGOG.NEO Sharpe Ratio Rank: 93
YGOG.NEO Sortino Ratio Rank: 91
YGOG.NEO Omega Ratio Rank: 90
YGOG.NEO Calmar Ratio Rank: 91
YGOG.NEO Martin Ratio Rank: 83

PDF.TO

PDF.TO Risk / Return Rank: 97
PDF.TO Sharpe Ratio Rank: 98
PDF.TO Sortino Ratio Rank: 98
PDF.TO Omega Ratio Rank: 97
PDF.TO Calmar Ratio Rank: 95
PDF.TO Martin Ratio Rank: 96

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

YGOG.NEO vs. PDF.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 Core Dividend Fund (PDF.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	PDF.TO	Difference
Sharpe ratio: Return per unit of total volatility	2.53	4.17	-1.64
Sortino ratio: Return per unit of downside risk	3.26	6.01	-2.75
Omega ratio: Gain probability vs. loss probability	1.42	1.78	-0.36
Calmar ratio: Return relative to maximum drawdown	4.03	5.54	-1.51
Martin ratio: Return relative to average drawdown	11.50	25.22	-13.73

YGOG.NEO vs. PDF.TO - Sharpe Ratio Comparison

The current YGOG.NEO Sharpe Ratio is 2.53, which is lower than the PDF.TO Sharpe Ratio of 4.17. The chart below compares the historical Sharpe Ratios of YGOG.NEO and PDF.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.

Drawdowns

YGOG.NEO vs. PDF.TO - Drawdown Comparison

The maximum YGOG.NEO drawdown since its inception was -34.24%, roughly equal to the maximum PDF.TO drawdown of -36.00%. Use the drawdown chart below to compare losses from any high point for YGOG.NEO and PDF.TO.

Drawdown Indicators

	YGOG.NEO	PDF.TO	Difference
Max Drawdown Largest peak-to-trough decline	-34.24%	-36.00%	+1.76%
Max Drawdown (1Y) Largest decline over 1 year	-22.09%	-6.35%	-15.74%
Max Drawdown (3Y) Largest decline over 3 years	-34.24%	-9.28%	-24.96%
Max Drawdown (5Y) Largest decline over 5 years	—	-15.81%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-36.00%	—
Current Drawdown Current decline from peak	-11.55%	-0.76%	-10.79%
Average Drawdown Average peak-to-trough decline	-7.76%	-3.44%	-4.32%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.74%	1.39%	+6.35%

Volatility

YGOG.NEO vs. PDF.TO - Volatility Comparison

Alphabet (GOOGL) Yield Shares Purpose ETF (YGOG.NEO) has a higher volatility of 14.42% compared to Purpose Core Dividend Fund (PDF.TO) at 2.82%. This indicates that YGOG.NEO's price experiences larger fluctuations and is considered to be riskier than PDF.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	YGOG.NEO	PDF.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.42%	2.82%	+11.60%
Volatility (6M) Calculated over the trailing 6-month period	27.92%	6.95%	+20.97%
Volatility (1Y) Calculated over the trailing 1-year period	35.37%	8.46%	+26.91%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	33.54%	10.35%	+23.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	33.54%	13.58%	+19.96%

YGOG.NEO vs. PDF.TO - Expense Ratio Comparison

YGOG.NEO has a 0.40% expense ratio, which is lower than PDF.TO's 0.66% expense ratio.

Dividends

YGOG.NEO vs. PDF.TO - Dividend Comparison

YGOG.NEO's dividend yield for the trailing twelve months is around 9.59%, more than PDF.TO's 2.78% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PDF.TO Purpose Core Dividend Fund	2.78%	3.49%	3.82%	4.17%	3.77%	3.19%	3.84%	3.65%	4.33%	3.50%	3.38%	3.40%
YGOG.NEO Alphabet (GOOGL) Yield Shares Purpose ETF	9.59%	5.84%	6.63%	7.24%	0.91%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

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

YGOG.NEO and PDF.TO have a correlation of 0.23, 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 PDF.TO?

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 PDF.TO?

YGOG.NEO is cheaper with a 0.40% expense ratio, compared with 0.66% for PDF.TO.

What is the main difference between YGOG.NEO and PDF.TO?

YGOG.NEO is categorized as Derivative Income, while PDF.TO is Dividend. Their fees differ too: 0.40% for YGOG.NEO and 0.66% for PDF.TO.