YGOG.NEO vs. PYF.TO
YGOG.NEO (Alphabet (GOOGL) Yield Shares Purpose ETF) and PYF.TO (Purpose Premium Yield Fund Series ETF) are both exchange-traded funds - YGOG.NEO is a Derivative Income fund actively managed by Purpose, while PYF.TO is a Diversified Portfolio fund actively managed by Purpose. Both are actively managed. Over the past 3 years, YGOG.NEO returned 39.39%/yr vs 6.56%/yr for PYF.TO. Their 0.16 correlation means their historical movements had little consistent relationship. YGOG.NEO charges 0.40%/yr vs 0.78%/yr for PYF.TO.
Performance
YGOG.NEO vs. PYF.TO - Performance Comparison
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Returns By Period
In the year-to-date period, YGOG.NEO achieves a 11.15% return, which is significantly higher than PYF.TO's 2.88% 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%
PYF.TO
- 1D
- -0.06%
- 1M
- 1.39%
- 6M
- 3.00%
- YTD
- 2.88%
- 1Y
- 3.72%
- 3Y*
- 6.56%
- 5Y*
- 6.14%
- 10Y*
- 4.72%
- ALL TIME*
- 4.70%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| CA$180.65K | CA$168.16K | CA$423.88K | |
| CA$514.43K | CA$426.69K | CA$501.63K |
YGOG.NEO vs. PYF.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% |
PYF.TO Purpose Premium Yield Fund Series ETF | 2.88% | 5.45% | 7.42% | 8.40% | 0.19% |
Correlation
The correlation between YGOG.NEO and PYF.TO is 0.13, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.13 |
Correlation (3Y) Balances recent behavior with more history. | 0.15 |
Correlation (All Time) Calculated using the full available price history since Dec 20, 2022 | 0.16 |
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Return for Risk
YGOG.NEO vs. PYF.TO — Risk / Return Rank
YGOG.NEO
PYF.TO
YGOG.NEO vs. PYF.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 Premium Yield Fund Series ETF (PYF.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 | PYF.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.36 | ||
| Sortino ratioReturn per unit of downside risk | +1.54 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.23 | +0.19 |
| Calmar ratioReturn relative to maximum drawdown | 4.03 | 1.79 | +2.24 |
| Martin ratioReturn relative to average drawdown | 11.50 | 4.79 | +6.71 |
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Drawdowns
YGOG.NEO vs. PYF.TO - Drawdown Comparison
The maximum YGOG.NEO drawdown since its inception was -34.24%, which is greater than PYF.TO's maximum drawdown of -20.53%. Use the drawdown chart below to compare losses from any high point for YGOG.NEO and PYF.TO.
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Drawdown Indicators
| YGOG.NEO | PYF.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.24% | -20.53% | -13.71% |
Max Drawdown (1Y)Largest decline over 1 year | -22.09% | -2.11% | -19.98% |
Max Drawdown (3Y)Largest decline over 3 years | -34.24% | -5.57% | -28.67% |
Max Drawdown (5Y)Largest decline over 5 years | — | -5.57% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -20.53% | — |
Current DrawdownCurrent decline from peak | -11.55% | -0.06% | -11.49% |
Average DrawdownAverage peak-to-trough decline | -7.76% | -0.97% | -6.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.74% | 0.79% | +6.95% |
Volatility
YGOG.NEO vs. PYF.TO - Volatility Comparison
Alphabet (GOOGL) Yield Shares Purpose ETF (YGOG.NEO) has a higher volatility of 14.42% compared to Purpose Premium Yield Fund Series ETF (PYF.TO) at 1.04%. This indicates that YGOG.NEO's price experiences larger fluctuations and is considered to be riskier than PYF.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.NEO | PYF.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.42% | 1.04% | +13.38% |
Volatility (6M)Calculated over the trailing 6-month period | 27.92% | 2.82% | +25.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 35.37% | 3.28% | +32.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.54% | 5.26% | +28.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.54% | 6.67% | +26.87% |
YGOG.NEO vs. PYF.TO - Expense Ratio Comparison
YGOG.NEO has a 0.40% expense ratio, which is lower than PYF.TO's 0.78% expense ratio.
Dividends
YGOG.NEO vs. PYF.TO - Dividend Comparison
YGOG.NEO's dividend yield for the trailing twelve months is around 9.59%, more than PYF.TO's 7.07% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
PYF.TO Purpose Premium Yield Fund Series ETF | 7.07% | 7.84% | 7.66% | 7.47% | 5.78% | 5.74% | 5.69% | 5.29% | 5.38% | 5.83% | 6.59% |
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% |
Frequently Asked Questions
YGOG.NEO and PYF.TO have a correlation of 0.13, 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 0.78% for PYF.TO.
YGOG.NEO is categorized as Derivative Income, while PYF.TO is Diversified Portfolio. Their fees differ too: 0.40% for YGOG.NEO and 0.78% for PYF.TO.
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