YNVD.NEO vs. NVDA

Last updated Jun 4, 2026

YNVD.NEO (NVIDIA (NVDA) Yield Shares Purpose ETF) is Derivative Income fund actively managed by Purpose Investments, while NVDA (NVIDIA Corporation) is a stock. Over the past year, YNVD.NEO returned 68.73% vs 59.21% for NVDA. Their correlation of 0.91 suggests significant overlap in exposure.

Performance

YNVD.NEO vs. NVDA - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in NVIDIA (NVDA) Yield Shares Purpose ETF (YNVD.NEO) and NVIDIA Corporation (NVDA). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

YNVD.NEO is traded in CAD, while NVDA is traded in USD. To make them comparable, the NVDA values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, YNVD.NEO achieves a 17.05% return, which is significantly lower than NVDA's 20.51% return.

YNVD.NEO

• 1D: -4.22%
• 1M: 9.64%
• YTD: 17.05%
• 6M: 27.60%
• 1Y: 68.73%
• 3Y*: —
• 5Y*: —
• 10Y*: —

NVDA

• 1D: 0.00%
• 1M: 14.04%
• YTD: 20.51%
• 6M: 23.10%
• 1Y: 59.21%
• 3Y*: 80.16%
• 5Y*: 70.88%
• 10Y*: 70.62%

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

YNVD.NEO vs. NVDA - Yearly Performance Comparison

	2026 (YTD)	2025	2024
YNVD.NEO NVIDIA (NVDA) Yield Shares Purpose ETF	17.05%	44.51%	133.89%
NVDA NVIDIA Corporation	16.62%	32.54%	150.82%

Correlation

The correlation between YNVD.NEO and NVDA is 0.84, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.84
Correlation (All Time) Calculated using the full available price history since Jan 19, 2024	0.91

The correlation between YNVD.NEO and NVDA has been stable across timeframes, ranging from 0.84 to 0.91 - a consistent structural relationship.

Return for Risk

YNVD.NEO vs. NVDA — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

YNVD.NEO

YNVD.NEO Risk / Return Rank: 62
YNVD.NEO Sharpe Ratio Rank: 58
YNVD.NEO Sortino Ratio Rank: 54
YNVD.NEO Omega Ratio Rank: 53
YNVD.NEO Calmar Ratio Rank: 81
YNVD.NEO Martin Ratio Rank: 64

NVDA

NVDA Risk / Return Rank: 78
NVDA Sharpe Ratio Rank: 81
NVDA Sortino Ratio Rank: 77
NVDA Omega Ratio Rank: 73
NVDA Calmar Ratio Rank: 79
NVDA Martin Ratio Rank: 79

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.

YNVD.NEO vs. NVDA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for NVIDIA (NVDA) Yield Shares Purpose ETF (YNVD.NEO) and NVIDIA Corporation (NVDA). 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.

	YNVD.NEO	NVDA	Difference
Sharpe ratio Return per unit of total volatility	1.95	1.75	+0.20
Sortino ratio Return per unit of downside risk	2.58	2.37	+0.21
Omega ratio Gain probability vs. loss probability	1.33	1.29	+0.04
Calmar ratio Return relative to maximum drawdown	4.21	2.85	+1.36
Martin ratio Return relative to average drawdown	11.44	6.48	+4.96
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

YNVD.NEO vs. NVDA - Sharpe Ratio Comparison

The current YNVD.NEO Sharpe Ratio is 1.95, which is comparable to the NVDA Sharpe Ratio of 1.75. The chart below compares the historical Sharpe Ratios of YNVD.NEO and NVDA, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	YNVD.NEO	NVDA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.95	1.75	+0.20
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	1.41	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	1.45	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.50	1.16	+0.34

Drawdowns

YNVD.NEO vs. NVDA - Drawdown Comparison

The maximum YNVD.NEO drawdown since its inception was -41.02%, smaller than the maximum NVDA drawdown of -63.31%. Use the drawdown chart below to compare losses from any high point for YNVD.NEO and NVDA.

Drawdown Indicators

	YNVD.NEO	NVDA	Difference
Max Drawdown Largest peak-to-trough decline	-41.02%	-63.31%	+22.29%
Max Drawdown (1Y) Largest decline over 1 year	-16.41%	-20.91%	+4.50%
Max Drawdown (3Y) Largest decline over 3 years	—	-37.37%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-63.31%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-63.31%	—
Current Drawdown Current decline from peak	-4.27%	-4.65%	+0.38%
Average Drawdown Average peak-to-trough decline	-8.83%	-19.40%	+10.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.03%	9.16%	-3.13%

Volatility

YNVD.NEO vs. NVDA - Volatility Comparison

NVIDIA (NVDA) Yield Shares Purpose ETF (YNVD.NEO) has a higher volatility of 13.09% compared to NVIDIA Corporation (NVDA) at 11.91%. This indicates that YNVD.NEO's price experiences larger fluctuations and is considered to be riskier than NVDA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	YNVD.NEO	NVDA	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.09%	11.91%	+1.18%
Volatility (6M) Calculated over the trailing 6-month period	27.53%	25.27%	+2.26%
Volatility (1Y) Calculated over the trailing 1-year period	35.44%	34.13%	+1.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	52.47%	50.46%	+2.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	52.47%	48.80%	+3.67%

Dividends

YNVD.NEO vs. NVDA - Dividend Comparison

YNVD.NEO's dividend yield for the trailing twelve months is around 21.78%, more than NVDA's 0.02% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NVDA NVIDIA Corporation	0.02%	0.02%	0.03%	0.03%	0.11%	0.05%	0.12%	0.27%	0.46%	0.29%	0.45%	1.20%
YNVD.NEO NVIDIA (NVDA) Yield Shares Purpose ETF	21.78%	23.48%	17.81%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both YNVD.NEO and NVDA in my portfolio?

YNVD.NEO and NVDA have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.