YPLT.NEO vs. EMCL.NEO
YPLT.NEO (Palantir (PLTR) Yield Shares Purpose ETF) and EMCL.NEO (Global X Enhanced MSCI Emerging Markets Covered Call ETF) are both Derivative Income funds. Both are actively managed. Over the past year, YPLT.NEO returned -13.87% vs 47.60% for EMCL.NEO. At a 0.30 correlation, their price movements are largely independent.
Performance
YPLT.NEO vs. EMCL.NEO - Performance Comparison
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Returns By Period
In the year-to-date period, YPLT.NEO achieves a -31.78% return, which is significantly lower than EMCL.NEO's 26.93% return.
YPLT.NEO
- 1D
- -3.37%
- 1M
- -20.69%
- YTD
- -31.78%
- 6M
- -37.99%
- 1Y
- -13.87%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
EMCL.NEO
- 1D
- 0.27%
- 1M
- 3.04%
- YTD
- 26.93%
- 6M
- 28.29%
- 1Y
- 47.60%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
YPLT.NEO vs. EMCL.NEO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
YPLT.NEO Palantir (PLTR) Yield Shares Purpose ETF | -31.78% | 62.74% |
EMCL.NEO Global X Enhanced MSCI Emerging Markets Covered Call ETF | 26.93% | 15.78% |
Correlation
The correlation between YPLT.NEO and EMCL.NEO is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.28 |
Correlation (All Time) Calculated using the full available price history since Feb 19, 2025 | 0.30 |
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Return for Risk
YPLT.NEO vs. EMCL.NEO — Risk / Return Rank
YPLT.NEO
EMCL.NEO
YPLT.NEO vs. EMCL.NEO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Palantir (PLTR) Yield Shares Purpose ETF (YPLT.NEO) and Global X Enhanced MSCI Emerging Markets Covered Call ETF (EMCL.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.
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.
| YPLT.NEO | EMCL.NEO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.41 | ||
| Sortino ratioReturn per unit of downside risk | -2.59 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 1.45 | -0.43 |
| Calmar ratioReturn relative to maximum drawdown | -0.33 | 3.74 | -4.07 |
| Martin ratioReturn relative to average drawdown | -0.69 | 13.41 | -14.10 |
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Drawdowns
YPLT.NEO vs. EMCL.NEO - Drawdown Comparison
The maximum YPLT.NEO drawdown since its inception was -42.43%, which is greater than EMCL.NEO's maximum drawdown of -19.73%. Use the drawdown chart below to compare losses from any high point for YPLT.NEO and EMCL.NEO.
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Drawdown Indicators
| YPLT.NEO | EMCL.NEO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.43% | -19.73% | -22.70% |
Max Drawdown (1Y)Largest decline over 1 year | -42.43% | -13.12% | -29.31% |
Current DrawdownCurrent decline from peak | -42.43% | -4.65% | -37.78% |
Average DrawdownAverage peak-to-trough decline | -16.09% | -2.57% | -13.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 20.30% | 3.61% | +16.69% |
Volatility
YPLT.NEO vs. EMCL.NEO - Volatility Comparison
Palantir (PLTR) Yield Shares Purpose ETF (YPLT.NEO) has a higher volatility of 20.85% compared to Global X Enhanced MSCI Emerging Markets Covered Call ETF (EMCL.NEO) at 12.60%. This indicates that YPLT.NEO's price experiences larger fluctuations and is considered to be riskier than EMCL.NEO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| YPLT.NEO | EMCL.NEO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 20.85% | 12.60% | +8.25% |
Volatility (6M)Calculated over the trailing 6-month period | 47.78% | 20.76% | +27.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 61.83% | 22.56% | +39.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 69.56% | 23.02% | +46.54% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 69.56% | 23.02% | +46.54% |
Dividends
YPLT.NEO vs. EMCL.NEO - Dividend Comparison
YPLT.NEO's dividend yield for the trailing twelve months is around 61.08%, more than EMCL.NEO's 10.20% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
EMCL.NEO Global X Enhanced MSCI Emerging Markets Covered Call ETF | 10.20% | 9.86% | 3.10% |
YPLT.NEO Palantir (PLTR) Yield Shares Purpose ETF | 61.08% | 14.71% | 0.00% |
Frequently Asked Questions
YPLT.NEO and EMCL.NEO have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
They also come from different issuers: Purpose and Global X.
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