YGOG.NEO vs. QDAY.NEO

Last updated Jun 4, 2026

YGOG.NEO (Alphabet (GOOGL) Yield Shares Purpose ETF) and QDAY.NEO (Hamilton EnhancedTechnology DayMAX™ ETF) are both Derivative Income funds. Both are actively managed. At a 0.44 correlation, their price movements are largely independent. YGOG.NEO charges 0.40%/yr vs 0.85%/yr for QDAY.NEO.

Performance

YGOG.NEO vs. QDAY.NEO - 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 Hamilton EnhancedTechnology DayMAX™ ETF (QDAY.NEO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, YGOG.NEO achieves a 10.76% return, which is significantly lower than QDAY.NEO's 31.76% return.

YGOG.NEO

• 1D: -0.97%
• 1M: -7.79%
• YTD: 10.76%
• 6M: 8.82%
• 1Y: 119.67%
• 3Y*: 45.35%
• 5Y*: —
• 10Y*: —

QDAY.NEO

• 1D: 0.41%
• 1M: 18.94%
• YTD: 31.76%
• 6M: 28.00%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

YGOG.NEO vs. QDAY.NEO - Yearly Performance Comparison

	2026 (YTD)	2025
YGOG.NEO Alphabet (GOOGL) Yield Shares Purpose ETF	10.76%	80.40%
QDAY.NEO Hamilton EnhancedTechnology DayMAX™ ETF	31.76%	14.84%

Correlation

The correlation between YGOG.NEO and QDAY.NEO is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 15, 2025	0.44

Return for Risk

YGOG.NEO vs. QDAY.NEO — 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: 92
YGOG.NEO Sharpe Ratio Rank: 95
YGOG.NEO Sortino Ratio Rank: 94
YGOG.NEO Omega Ratio Rank: 92
YGOG.NEO Calmar Ratio Rank: 90
YGOG.NEO Martin Ratio Rank: 90

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. QDAY.NEO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Alphabet (GOOGL) Yield Shares Purpose ETF (YGOG.NEO) and Hamilton EnhancedTechnology DayMAX™ ETF (QDAY.NEO). 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	QDAY.NEO	Difference
Sharpe ratio Return per unit of total volatility	3.77	—	—
Sortino ratio Return per unit of downside risk	4.77	—	—
Omega ratio Gain probability vs. loss probability	1.61	—	—
Calmar ratio Return relative to maximum drawdown	5.52	—	—
Martin ratio Return relative to average drawdown	20.61	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	YGOG.NEO	QDAY.NEO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.77	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.62	2.63	-1.01

Drawdowns

YGOG.NEO vs. QDAY.NEO - Drawdown Comparison

The maximum YGOG.NEO drawdown since its inception was -33.45%, which is greater than QDAY.NEO's maximum drawdown of -19.44%. Use the drawdown chart below to compare losses from any high point for YGOG.NEO and QDAY.NEO.

Drawdown Indicators

	YGOG.NEO	QDAY.NEO	Difference
Max Drawdown Largest peak-to-trough decline	-33.45%	-19.44%	-14.01%
Max Drawdown (1Y) Largest decline over 1 year	-21.82%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-33.45%	—	—
Current Drawdown Current decline from peak	-11.86%	0.00%	-11.86%
Average Drawdown Average peak-to-trough decline	-7.59%	-5.23%	-2.36%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.83%	—	—

Volatility

Volatility by Period

	YGOG.NEO	QDAY.NEO	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.10%	—	—
Volatility (6M) Calculated over the trailing 6-month period	22.75%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	32.02%	22.72%	+9.30%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.94%	22.72%	+10.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.94%	22.72%	+10.22%

YGOG.NEO vs. QDAY.NEO - Expense Ratio Comparison

YGOG.NEO has a 0.40% expense ratio, which is lower than QDAY.NEO's 0.85% expense ratio.

Dividends

YGOG.NEO vs. QDAY.NEO - Dividend Comparison

YGOG.NEO's dividend yield for the trailing twelve months is around 8.15%, less than QDAY.NEO's 13.90% yield.

Position	TTM	2025	2024	2023	2022
QDAY.NEO Hamilton EnhancedTechnology DayMAX™ ETF	13.90%	8.78%	0.00%	0.00%	0.00%
YGOG.NEO Alphabet (GOOGL) Yield Shares Purpose ETF	8.15%	5.84%	14.19%	7.22%	0.91%

Frequently Asked Questions

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

YGOG.NEO and QDAY.NEO have a correlation of 0.44, 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 QDAY.NEO?

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 QDAY.NEO?

YGOG.NEO is cheaper with a 0.40% expense ratio, compared with 0.85% for QDAY.NEO.

What is the main difference between YGOG.NEO and QDAY.NEO?

They also come from different issuers: Purpose and Hamilton Capital. Their fees differ too: 0.40% for YGOG.NEO and 0.85% for QDAY.NEO.