YNVD.NEO vs. PSU-U.TO
YNVD.NEO (NVIDIA (NVDA) Yield Shares Purpose ETF) and PSU-U.TO (Purpose US Cash Fund) are both exchange-traded funds - YNVD.NEO is a Derivative Income fund actively managed by Purpose Investments, while PSU-U.TO is a Money Market fund actively managed by Purpose Investments. Both are actively managed. Over the past year, YNVD.NEO returned 72.69% vs 4.47% for PSU-U.TO. At a correlation of -0.10, they often move in opposite directions. YNVD.NEO charges 1.94%/yr vs 0.17%/yr for PSU-U.TO.
Performance
YNVD.NEO vs. PSU-U.TO - Performance Comparison
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Different Trading Currencies
YNVD.NEO is traded in CAD, while PSU-U.TO is traded in USD. To make them comparable, the PSU-U.TO 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 20.36% return, which is significantly higher than PSU-U.TO's 2.45% return.
YNVD.NEO
- 1D
- 2.83%
- 1M
- 14.32%
- YTD
- 20.36%
- 6M
- 28.67%
- 1Y
- 72.69%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
PSU-U.TO
- 1D
- 0.11%
- 1M
- 2.35%
- YTD
- 2.45%
- 6M
- 0.86%
- 1Y
- 4.47%
- 3Y*
- 4.54%
- 5Y*
- 5.62%
- 10Y*
- —
YNVD.NEO vs. PSU-U.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
YNVD.NEO NVIDIA (NVDA) Yield Shares Purpose ETF | 20.36% | 44.51% | 133.89% |
PSU-U.TO Purpose US Cash Fund | 2.45% | -1.75% | 10.32% |
Correlation
The correlation between YNVD.NEO and PSU-U.TO is -0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.07 |
Correlation (All Time) Calculated using the full available price history since Jan 19, 2024 | -0.10 |
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Return for Risk
YNVD.NEO vs. PSU-U.TO — Risk / Return Rank
YNVD.NEO
PSU-U.TO
YNVD.NEO vs. PSU-U.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for NVIDIA (NVDA) Yield Shares Purpose ETF (YNVD.NEO) and Purpose US Cash Fund (PSU-U.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.
| YNVD.NEO | PSU-U.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.08 | ||
| Sortino ratioReturn per unit of downside risk | +1.32 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.18 | +0.17 |
| Calmar ratioReturn relative to maximum drawdown | 4.45 | 1.10 | +3.35 |
| Martin ratioReturn relative to average drawdown | 12.10 | 2.85 | +9.25 |
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
| YNVD.NEO | PSU-U.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.06 | 0.98 | +1.08 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.89 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.54 | 0.46 | +1.08 |
Drawdowns
YNVD.NEO vs. PSU-U.TO - Drawdown Comparison
The maximum YNVD.NEO drawdown since its inception was -41.02%, which is greater than PSU-U.TO's maximum drawdown of -16.93%. Use the drawdown chart below to compare losses from any high point for YNVD.NEO and PSU-U.TO.
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Drawdown Indicators
| YNVD.NEO | PSU-U.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.02% | -16.93% | -24.09% |
Max Drawdown (1Y)Largest decline over 1 year | -16.41% | -4.07% | -12.34% |
Max Drawdown (3Y)Largest decline over 3 years | — | -5.47% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -5.47% | — |
Current DrawdownCurrent decline from peak | -1.57% | -0.59% | -0.98% |
Average DrawdownAverage peak-to-trough decline | -8.81% | -4.86% | -3.95% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.03% | 1.57% | +4.46% |
Volatility
YNVD.NEO vs. PSU-U.TO - Volatility Comparison
NVIDIA (NVDA) Yield Shares Purpose ETF (YNVD.NEO) has a higher volatility of 13.14% compared to Purpose US Cash Fund (PSU-U.TO) at 0.80%. This indicates that YNVD.NEO's price experiences larger fluctuations and is considered to be riskier than PSU-U.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| YNVD.NEO | PSU-U.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.14% | 0.80% | +12.34% |
Volatility (6M)Calculated over the trailing 6-month period | 27.65% | 3.43% | +24.22% |
Volatility (1Y)Calculated over the trailing 1-year period | 35.48% | 4.58% | +30.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 52.45% | 6.32% | +46.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 52.45% | 6.56% | +45.89% |
YNVD.NEO vs. PSU-U.TO - Expense Ratio Comparison
YNVD.NEO has a 1.94% expense ratio, which is higher than PSU-U.TO's 0.17% expense ratio.
Dividends
YNVD.NEO vs. PSU-U.TO - Dividend Comparison
YNVD.NEO's dividend yield for the trailing twelve months is around 21.18%, more than PSU-U.TO's 2.70% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
PSU-U.TO Purpose US Cash Fund | 2.70% | 2.90% | 3.65% | 3.87% | 1.45% | 0.29% | 0.41% | 1.70% | 1.20% |
YNVD.NEO NVIDIA (NVDA) Yield Shares Purpose ETF | 21.18% | 23.48% | 17.81% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
YNVD.NEO and PSU-U.TO have a correlation of -0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, PSU-U.TO is cheaper at 0.17% per year. The better choice depends on whether you care most about return, fees, risk, or income.
PSU-U.TO is cheaper with a 0.17% expense ratio, compared with 1.94% for YNVD.NEO.
YNVD.NEO is categorized as Derivative Income, while PSU-U.TO is Money Market. Their fees differ too: 1.94% for YNVD.NEO and 0.17% for PSU-U.TO.
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