PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
YNVD.NEO vs. ZWU.TO
Performance
Return for Risk
Dividends
Drawdowns
Volatility

YNVD.NEO vs. ZWU.TO

Last updated Apr 2, 2026

Compare and contrast key facts about NVIDIA (NVDA) Yield Shares Purpose ETF (YNVD.NEO) and BMO Covered Call Utilities ETF (ZWU.TO).

YNVD.NEO and ZWU.TO 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. ZWU.TO is an actively managed fund by BMO. It was launched on Oct 20, 2011.

Performance

YNVD.NEO vs. ZWU.TO - 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 BMO Covered Call Utilities ETF (ZWU.TO). The values are adjusted to include any dividend payments, if applicable.

Loading graphics...

YNVD.NEO vs. ZWU.TO - Yearly Performance Comparison

2026 (YTD)20252024
YNVD.NEO
NVIDIA (NVDA) Yield Shares Purpose ETF		-4.19%44.51%133.89%
ZWU.TO
BMO Covered Call Utilities ETF		11.36%13.18%11.41%

Returns By Period

In the year-to-date period, YNVD.NEO achieves a -4.19% return, which is significantly lower than ZWU.TO's 11.36% return.

YNVD.NEO

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

ZWU.TO

1D
-0.33%
1M
0.08%
YTD
11.36%
6M
9.50%
1Y
16.65%
3Y*
10.49%
5Y*
7.10%
10Y*
6.47%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

NVIDIA (NVDA) Yield Shares Purpose ETF

BMO Covered Call Utilities ETF

Often compared with YNVD.NEO:
YNVD.NEO vs. NVHE.TOYNVD.NEO vs. NVDAYNVD.NEO vs. NVDXYNVD.NEO vs. SHLDYNVD.NEO vs. BTCY.TOYNVD.NEO vs. VDY.TOYNVD.NEO vs. HDIV.TO
Often compared with ZWU.TO:
ZWU.TO vs. ZUT.TOZWU.TO vs. UMAX.TOZWU.TO vs. UTES.TOZWU.TO vs. ZWC.TOZWU.TO vs. PAYF.TOZWU.TO vs. SYLD.TOZWU.TO vs. VDY.TO

YNVD.NEO vs. ZWU.TO - Expense Ratio Comparison

YNVD.NEO has a 1.94% expense ratio, which is higher than ZWU.TO's 0.65% expense ratio.

YNVD.NEO
NVIDIA (NVDA) Yield Shares Purpose ETF
ZWU.TO
BMO Covered Call Utilities ETF

Return for Risk

YNVD.NEO vs. ZWU.TO — 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: 8787
Overall Rank
YNVD.NEO Sharpe Ratio Rank: 8484
Sharpe Ratio Rank
YNVD.NEO Sortino Ratio Rank: 8585
Sortino Ratio Rank
YNVD.NEO Omega Ratio Rank: 8080
Omega Ratio Rank
YNVD.NEO Calmar Ratio Rank: 9696
Calmar Ratio Rank
YNVD.NEO Martin Ratio Rank: 9090
Martin Ratio Rank
ZWU.TO
ZWU.TO Risk / Return Rank: 8484
Overall Rank
ZWU.TO Sharpe Ratio Rank: 8787
Sharpe Ratio Rank
ZWU.TO Sortino Ratio Rank: 8686
Sortino Ratio Rank
ZWU.TO Omega Ratio Rank: 8686
Omega Ratio Rank
ZWU.TO Calmar Ratio Rank: 8383
Calmar Ratio Rank
ZWU.TO Martin Ratio Rank: 8080
Martin Ratio Rank
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. ZWU.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 BMO Covered Call Utilities ETF (ZWU.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.NEOZWU.TODifference

Sharpe ratio

Return per unit of total volatility

1.73

1.84

-0.11

Sortino ratio

Return per unit of downside risk

2.39

2.37

+0.02

Omega ratio

Gain probability vs. loss probability

1.33

1.36

-0.03

Calmar ratio

Return relative to maximum drawdown

4.56

2.50

+2.07

Martin ratio

Return relative to average drawdown

12.47

9.31

+3.16

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. ZWU.TO - Sharpe Ratio Comparison

The current YNVD.NEO Sharpe Ratio is 1.73, which is comparable to the ZWU.TO Sharpe Ratio of 1.84. The chart below compares the historical Sharpe Ratios of YNVD.NEO and ZWU.TO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Loading graphics...

Sharpe Ratios by Period

YNVD.NEOZWU.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.73

1.84

-0.11

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

—

0.69

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.46

—

Sharpe Ratio (All Time)

Calculated using the full available price history

1.33

0.43

+0.90

Correlation

The correlation between YNVD.NEO and ZWU.TO is -0.10. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

Dividends

YNVD.NEO vs. ZWU.TO - Dividend Comparison

YNVD.NEO's dividend yield for the trailing twelve months is around 25.81%, more than ZWU.TO's 6.94% yield.

TTM20252024202320222021202020192018201720162015
YNVD.NEO
NVIDIA (NVDA) Yield Shares Purpose ETF		25.81%23.48%17.81%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
ZWU.TO
BMO Covered Call Utilities ETF		6.94%7.59%7.96%8.54%8.35%7.43%7.94%6.29%6.84%6.46%6.77%7.57%

Drawdowns

YNVD.NEO vs. ZWU.TO - Drawdown Comparison

The maximum YNVD.NEO drawdown since its inception was -41.02%, which is greater than ZWU.TO's maximum drawdown of -37.41%. Use the drawdown chart below to compare losses from any high point for YNVD.NEO and ZWU.TO.

Loading graphics...

Drawdown Indicators

YNVD.NEOZWU.TODifference

Max Drawdown

Largest peak-to-trough decline

-41.02%

-37.41%

-3.61%

Max Drawdown (1Y)

Largest decline over 1 year

-17.21%

-6.71%

-10.50%

Max Drawdown (5Y)

Largest decline over 5 years

—

-23.36%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-37.41%

—

Current Drawdown

Current decline from peak

-10.22%

-0.65%

-9.57%

Average Drawdown

Average peak-to-trough decline

-9.26%

-5.42%

-3.84%

Ulcer Index

Depth and duration of drawdowns from previous peaks

6.33%

1.80%

+4.53%

Volatility

YNVD.NEO vs. ZWU.TO - Volatility Comparison

NVIDIA (NVDA) Yield Shares Purpose ETF (YNVD.NEO) has a higher volatility of 13.09% compared to BMO Covered Call Utilities ETF (ZWU.TO) at 2.44%. This indicates that YNVD.NEO's price experiences larger fluctuations and is considered to be riskier than ZWU.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading graphics...

Volatility by Period

YNVD.NEOZWU.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

13.09%

2.44%

+10.65%

Volatility (6M)

Calculated over the trailing 6-month period

27.75%

5.27%

+22.48%

Volatility (1Y)

Calculated over the trailing 1-year period

43.32%

9.11%

+34.21%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

53.42%

10.34%

+43.08%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

53.42%

14.15%

+39.27%