YGOG.NEO vs. YPLT.NEO
YGOG.NEO (Alphabet (GOOGL) Yield Shares Purpose ETF) and YPLT.NEO (Palantir (PLTR) Yield Shares Purpose ETF) are both Derivative Income funds from Purpose. Both are actively managed. Over the past year, YGOG.NEO returned 119.67% vs 20.85% for YPLT.NEO. At a 0.33 correlation, their price movements are largely independent. Both charge a 0.40% expense ratio.
Performance
YGOG.NEO vs. YPLT.NEO - Performance Comparison
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Returns By Period
In the year-to-date period, YGOG.NEO achieves a 10.76% return, which is significantly higher than YPLT.NEO's -12.66% return.
YGOG.NEO
- 1D
- -0.97%
- 1M
- -7.79%
- YTD
- 10.76%
- 6M
- 8.82%
- 1Y
- 119.67%
- 3Y*
- 45.35%
- 5Y*
- —
- 10Y*
- —
YPLT.NEO
- 1D
- -6.20%
- 1M
- -1.73%
- YTD
- -12.66%
- 6M
- -12.30%
- 1Y
- 20.85%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
YGOG.NEO vs. YPLT.NEO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
YGOG.NEO Alphabet (GOOGL) Yield Shares Purpose ETF | 10.76% | 72.42% |
YPLT.NEO Palantir (PLTR) Yield Shares Purpose ETF | -12.66% | 62.74% |
Correlation
The correlation between YGOG.NEO and YPLT.NEO is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.24 |
Correlation (All Time) Calculated using the full available price history since Feb 20, 2025 | 0.33 |
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Return for Risk
YGOG.NEO vs. YPLT.NEO — Risk / Return Rank
YGOG.NEO
YPLT.NEO
YGOG.NEO vs. YPLT.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 Palantir (PLTR) Yield Shares Purpose ETF (YPLT.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 | YPLT.NEO | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 3.77 | 0.35 | +3.42 |
Sortino ratioReturn per unit of downside risk | 4.77 | 0.90 | +3.87 |
Omega ratioGain probability vs. loss probability | 1.61 | 1.12 | +0.49 |
Calmar ratioReturn relative to maximum drawdown | 5.52 | 0.50 | +5.02 |
Martin ratioReturn relative to average drawdown | 20.61 | 1.12 | +19.49 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| YGOG.NEO | YPLT.NEO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.77 | 0.35 | +3.42 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.62 | 0.46 | +1.16 |
Drawdowns
YGOG.NEO vs. YPLT.NEO - Drawdown Comparison
The maximum YGOG.NEO drawdown since its inception was -33.45%, smaller than the maximum YPLT.NEO drawdown of -41.92%. Use the drawdown chart below to compare losses from any high point for YGOG.NEO and YPLT.NEO.
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Drawdown Indicators
| YGOG.NEO | YPLT.NEO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.45% | -41.92% | +8.47% |
Max Drawdown (1Y)Largest decline over 1 year | -21.82% | -41.92% | +20.10% |
Max Drawdown (3Y)Largest decline over 3 years | -33.45% | — | — |
Current DrawdownCurrent decline from peak | -11.86% | -26.29% | +14.43% |
Average DrawdownAverage peak-to-trough decline | -7.59% | -15.38% | +7.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.83% | 18.75% | -12.92% |
Volatility
YGOG.NEO vs. YPLT.NEO - Volatility Comparison
The current volatility for Alphabet (GOOGL) Yield Shares Purpose ETF (YGOG.NEO) is 11.10%, while Palantir (PLTR) Yield Shares Purpose ETF (YPLT.NEO) has a volatility of 15.23%. This indicates that YGOG.NEO experiences smaller price fluctuations and is considered to be less risky than YPLT.NEO 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 | YPLT.NEO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.10% | 15.23% | -4.13% |
Volatility (6M)Calculated over the trailing 6-month period | 22.75% | 45.60% | -22.85% |
Volatility (1Y)Calculated over the trailing 1-year period | 32.02% | 60.50% | -28.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.94% | 69.38% | -36.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.94% | 69.38% | -36.44% |
YGOG.NEO vs. YPLT.NEO - Expense Ratio Comparison
Both YGOG.NEO and YPLT.NEO have an expense ratio of 0.40%.
Dividends
YGOG.NEO vs. YPLT.NEO - Dividend Comparison
YGOG.NEO's dividend yield for the trailing twelve months is around 8.15%, less than YPLT.NEO's 47.71% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
YGOG.NEO Alphabet (GOOGL) Yield Shares Purpose ETF | 8.15% | 5.84% | 14.19% | 7.22% | 0.91% |
YPLT.NEO Palantir (PLTR) Yield Shares Purpose ETF | 47.71% | 14.71% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
YGOG.NEO and YPLT.NEO have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.40% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
YGOG.NEO and YPLT.NEO have the same expense ratio: 0.40% per year.
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