YNVD.NEO vs. NVDA
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 46.25% vs 43.18% for NVDA. Their correlation of 0.94 suggests significant overlap in exposure.
Performance
YNVD.NEO vs. NVDA - Performance Comparison
Loading charts...
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 8.49% return, which is significantly lower than NVDA's 11.03% return.
YNVD.NEO
- 1D
- -5.43%
- 1M
- -7.30%
- YTD
- 8.49%
- 6M
- 7.41%
- 1Y
- 46.25%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
NVDA
- 1D
- -4.23%
- 1M
- -4.41%
- YTD
- 11.03%
- 6M
- 9.01%
- 1Y
- 43.18%
- 3Y*
- 72.29%
- 5Y*
- 64.45%
- 10Y*
- 69.60%
YNVD.NEO vs. NVDA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
YNVD.NEO NVIDIA (NVDA) Yield Shares Purpose ETF | 8.49% | 39.74% | 132.75% |
NVDA NVIDIA Corporation | 11.03% | 32.57% | 154.92% |
Correlation
The correlation between YNVD.NEO and NVDA is 0.94, 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 | 0.94 |
Correlation (All Time) Calculated using the full available price history since Jan 18, 2024 | 0.94 |
The correlation between YNVD.NEO and NVDA has been stable across timeframes, ranging from 0.94 to 0.94 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
YNVD.NEO vs. NVDA — Risk / Return Rank
YNVD.NEO
NVDA
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.
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.
| YNVD.NEO | NVDA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.02 | ||
| Sortino ratioReturn per unit of downside risk | +0.02 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.22 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 2.64 | 2.08 | +0.56 |
| Martin ratioReturn relative to average drawdown | 6.34 | 4.66 | +1.68 |
Loading charts...
Drawdowns
YNVD.NEO vs. NVDA - Drawdown Comparison
The maximum YNVD.NEO drawdown since its inception was -41.03%, smaller than the maximum NVDA drawdown of -80.18%. Use the drawdown chart below to compare losses from any high point for YNVD.NEO and NVDA.
Loading charts...
Drawdown Indicators
| YNVD.NEO | NVDA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.03% | -80.18% | +39.15% |
Max Drawdown (1Y)Largest decline over 1 year | -17.58% | -20.81% | +3.23% |
Max Drawdown (3Y)Largest decline over 3 years | — | -38.45% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -63.60% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -63.60% | — |
Current DrawdownCurrent decline from peak | -14.57% | -12.23% | -2.34% |
Average DrawdownAverage peak-to-trough decline | -9.25% | -28.47% | +19.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.31% | 9.29% | -1.98% |
Volatility
YNVD.NEO vs. NVDA - Volatility Comparison
NVIDIA (NVDA) Yield Shares Purpose ETF (YNVD.NEO) has a higher volatility of 15.99% compared to NVIDIA Corporation (NVDA) at 13.64%. 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.
Loading charts...
Volatility by Period
| YNVD.NEO | NVDA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.99% | 13.64% | +2.35% |
Volatility (6M)Calculated over the trailing 6-month period | 29.30% | 26.75% | +2.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 37.12% | 35.23% | +1.89% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 52.80% | 52.20% | +0.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 52.80% | 50.51% | +2.29% |
Dividends
YNVD.NEO vs. NVDA - Dividend Comparison
YNVD.NEO's dividend yield for the trailing twelve months is around 20.17%, more than NVDA's 0.14% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NVDA NVIDIA Corporation | 0.14% | 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 | 20.17% | 20.15% | 16.07% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.94, YNVD.NEO and NVDA move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
Find the right allocation for YNVD.NEO and NVDA
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer