YPLT.NEO vs. FCMI.TO
YPLT.NEO (Palantir (PLTR) Yield Shares Purpose ETF) and FCMI.TO (Fidelity Canadian Monthly High Income ETF) are both exchange-traded funds - YPLT.NEO is a Derivative Income fund actively managed by Purpose, while FCMI.TO is a Canada Equities fund actively managed by Fidelity. Both are actively managed. Over the past year, YPLT.NEO returned -2.88% vs 19.31% for FCMI.TO. At a 0.00 correlation, their price movements are largely independent. YPLT.NEO charges 0.40%/yr vs 0.50%/yr for FCMI.TO.
Performance
YPLT.NEO vs. FCMI.TO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, YPLT.NEO achieves a -18.40% return, which is significantly lower than FCMI.TO's 9.25% return.
YPLT.NEO
- 1D
- 5.78%
- 1M
- -1.82%
- 6M
- -18.52%
- YTD
- -18.40%
- 1Y
- -2.88%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
FCMI.TO
- 1D
- 0.00%
- 1M
- 0.07%
- 6M
- 7.41%
- YTD
- 9.25%
- 1Y
- 19.31%
- 3Y*
- 13.93%
- 5Y*
- 8.04%
- 10Y*
- —
YPLT.NEO vs. FCMI.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
YPLT.NEO Palantir (PLTR) Yield Shares Purpose ETF | -18.40% | 62.74% |
FCMI.TO Fidelity Canadian Monthly High Income ETF | 9.25% | 13.61% |
Correlation
The correlation between YPLT.NEO and FCMI.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 Feb 19, 2025 | 0.00 |
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
YPLT.NEO vs. FCMI.TO — Risk / Return Rank
YPLT.NEO
FCMI.TO
YPLT.NEO vs. FCMI.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Palantir (PLTR) Yield Shares Purpose ETF (YPLT.NEO) and Fidelity Canadian Monthly High Income ETF (FCMI.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.
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 | FCMI.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.08 | ||
| Sortino ratioReturn per unit of downside risk | -4.37 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 1.80 | -0.75 |
| Calmar ratioReturn relative to maximum drawdown | -0.07 | 5.36 | -5.43 |
| Martin ratioReturn relative to average drawdown | -0.13 | 20.61 | -20.74 |
Loading charts...
Drawdowns
YPLT.NEO vs. FCMI.TO - Drawdown Comparison
The maximum YPLT.NEO drawdown since its inception was -42.43%, smaller than the maximum FCMI.TO drawdown of -63.80%. Use the drawdown chart below to compare losses from any high point for YPLT.NEO and FCMI.TO.
Loading charts...
Drawdown Indicators
| YPLT.NEO | FCMI.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.43% | -63.80% | +21.37% |
Max Drawdown (1Y)Largest decline over 1 year | -42.43% | -3.62% | -38.81% |
Max Drawdown (3Y)Largest decline over 3 years | — | -6.63% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -10.00% | — |
Current DrawdownCurrent decline from peak | -31.13% | -18.96% | -12.17% |
Average DrawdownAverage peak-to-trough decline | -16.86% | -41.60% | +24.74% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 21.94% | 0.94% | +21.00% |
Volatility
YPLT.NEO vs. FCMI.TO - Volatility Comparison
Palantir (PLTR) Yield Shares Purpose ETF (YPLT.NEO) has a higher volatility of 18.75% compared to Fidelity Canadian Monthly High Income ETF (FCMI.TO) at 2.10%. This indicates that YPLT.NEO's price experiences larger fluctuations and is considered to be riskier than FCMI.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| YPLT.NEO | FCMI.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 18.75% | 2.10% | +16.65% |
Volatility (6M)Calculated over the trailing 6-month period | 48.41% | 4.99% | +43.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 61.95% | 6.39% | +55.56% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 69.16% | 7.80% | +61.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 69.16% | 22.20% | +46.96% |
YPLT.NEO vs. FCMI.TO - Expense Ratio Comparison
YPLT.NEO has a 0.40% expense ratio, which is lower than FCMI.TO's 0.50% expense ratio.
Dividends
YPLT.NEO vs. FCMI.TO - Dividend Comparison
YPLT.NEO's dividend yield for the trailing twelve months is around 55.51%, more than FCMI.TO's 3.28% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
FCMI.TO Fidelity Canadian Monthly High Income ETF | 3.28% | 3.38% | 3.63% | 4.09% | 3.73% | 2.76% | 6.22% |
YPLT.NEO Palantir (PLTR) Yield Shares Purpose ETF | 55.51% | 14.71% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
YPLT.NEO and FCMI.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, YPLT.NEO is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.
YPLT.NEO is cheaper with a 0.40% expense ratio, compared with 0.50% for FCMI.TO.
YPLT.NEO is categorized as Derivative Income, while FCMI.TO is Canada Equities. They also come from different issuers: Purpose and Fidelity. Their fees differ too: 0.40% for YPLT.NEO and 0.50% for FCMI.TO.
Find the right allocation for YPLT.NEO and FCMI.TO
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