YNVD.NEO vs. YTSL.NEO

Last updated Apr 2, 2026

Compare and contrast key facts about NVIDIA (NVDA) Yield Shares Purpose ETF (YNVD.NEO) and Tesla (TSLA) Yield Shares Purpose ETF (YTSL.NEO).

YNVD.NEO and YTSL.NEO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. YNVD.NEO is an actively managed fund by Purpose Investments. It was launched on Jan 18, 2024. YTSL.NEO is an actively managed fund by Purpose Investments. It was launched on Dec 19, 2022.

Performance

YNVD.NEO vs. YTSL.NEO - 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 Tesla (TSLA) Yield Shares Purpose ETF (YTSL.NEO). The values are adjusted to include any dividend payments, if applicable.

YNVD.NEO vs. YTSL.NEO - Yearly Performance Comparison

	2026 (YTD)	2025	2024
YNVD.NEO NVIDIA (NVDA) Yield Shares Purpose ETF	-4.19%	44.51%	133.89%
YTSL.NEO Tesla (TSLA) Yield Shares Purpose ETF	-15.65%	27.43%	74.89%

Returns By Period

In the year-to-date period, YNVD.NEO achieves a -4.19% return, which is significantly higher than YTSL.NEO's -15.65% return.

YNVD.NEO

• 1D: 7.20%
• 1M: -4.17%
• YTD: -4.19%
• 6M: 1.49%
• 1Y: 74.47%
• 3Y*: —
• 5Y*: —
• 10Y*: —

YTSL.NEO

• 1D: 7.76%
• 1M: -6.01%
• YTD: -15.65%
• 6M: -4.28%
• 1Y: 71.44%
• 3Y*: 26.06%
• 5Y*: —
• 10Y*: —

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

YNVD.NEO vs. YTSL.NEO - Expense Ratio Comparison

YNVD.NEO has a 1.94% expense ratio, which is higher than YTSL.NEO's 1.65% expense ratio.

YNVD.NEO

NVIDIA (NVDA) Yield Shares Purpose ETF

YTSL.NEO

Tesla (TSLA) Yield Shares Purpose ETF

Return for Risk

YNVD.NEO vs. YTSL.NEO — 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: 87
YNVD.NEO Sharpe Ratio Rank: 84
YNVD.NEO Sortino Ratio Rank: 85
YNVD.NEO Omega Ratio Rank: 80
YNVD.NEO Calmar Ratio Rank: 96
YNVD.NEO Martin Ratio Rank: 90

YTSL.NEO

YTSL.NEO Risk / Return Rank: 76
YTSL.NEO Sharpe Ratio Rank: 72
YTSL.NEO Sortino Ratio Rank: 72
YTSL.NEO Omega Ratio Rank: 66
YTSL.NEO Calmar Ratio Rank: 91
YTSL.NEO Martin Ratio Rank: 77

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. YTSL.NEO - Risk-Adjusted Trends Comparison

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

	YNVD.NEO	YTSL.NEO	Difference
Sharpe ratio Return per unit of total volatility	1.73	1.33	+0.40
Sortino ratio Return per unit of downside risk	2.39	1.88	+0.51
Omega ratio Gain probability vs. loss probability	1.33	1.25	+0.08
Calmar ratio Return relative to maximum drawdown	4.56	3.25	+1.32
Martin ratio Return relative to average drawdown	12.47	8.75	+3.72
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. YTSL.NEO - Sharpe Ratio Comparison

The current YNVD.NEO Sharpe Ratio is 1.73, which is comparable to the YTSL.NEO Sharpe Ratio of 1.33. The chart below compares the historical Sharpe Ratios of YNVD.NEO and YTSL.NEO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	YNVD.NEO	YTSL.NEO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.73	1.33	+0.40
Sharpe Ratio (All Time) Calculated using the full available price history	1.33	0.54	+0.79

Correlation

The correlation between YNVD.NEO and YTSL.NEO is 0.36, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

YNVD.NEO vs. YTSL.NEO - Dividend Comparison

YNVD.NEO's dividend yield for the trailing twelve months is around 25.81%, less than YTSL.NEO's 47.25% yield.

	TTM	2025	2024	2023	2022
YNVD.NEO NVIDIA (NVDA) Yield Shares Purpose ETF	25.81%	23.48%	17.81%	0.00%	0.00%
YTSL.NEO Tesla (TSLA) Yield Shares Purpose ETF	47.25%	36.11%	12.80%	24.07%	1.96%

Drawdowns

YNVD.NEO vs. YTSL.NEO - Drawdown Comparison

The maximum YNVD.NEO drawdown since its inception was -41.02%, smaller than the maximum YTSL.NEO drawdown of -58.40%. Use the drawdown chart below to compare losses from any high point for YNVD.NEO and YTSL.NEO.

Drawdown Indicators

	YNVD.NEO	YTSL.NEO	Difference
Max Drawdown Largest peak-to-trough decline	-41.02%	-58.40%	+17.38%
Max Drawdown (1Y) Largest decline over 1 year	-17.21%	-23.95%	+6.74%
Current Drawdown Current decline from peak	-10.22%	-16.60%	+6.38%
Average Drawdown Average peak-to-trough decline	-9.26%	-20.85%	+11.59%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.33%	8.89%	-2.56%

Volatility

YNVD.NEO vs. YTSL.NEO - Volatility Comparison

The current volatility for NVIDIA (NVDA) Yield Shares Purpose ETF (YNVD.NEO) is 13.09%, while Tesla (TSLA) Yield Shares Purpose ETF (YTSL.NEO) has a volatility of 14.81%. This indicates that YNVD.NEO experiences smaller price fluctuations and is considered to be less risky than YTSL.NEO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	YNVD.NEO	YTSL.NEO	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.09%	14.81%	-1.72%
Volatility (6M) Calculated over the trailing 6-month period	27.75%	32.59%	-4.84%
Volatility (1Y) Calculated over the trailing 1-year period	43.32%	53.99%	-10.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	53.42%	62.89%	-9.47%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	53.42%	62.89%	-9.47%