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YPLT.NEO vs. PLTE.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

YPLT.NEO vs. PLTE.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Palantir (PLTR) Yield Shares Purpose ETF (YPLT.NEO) and Harvest Palantir Enhanced High Income Shares ETF (PLTE.TO). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, YPLT.NEO achieves a -12.66% return, which is significantly higher than PLTE.TO's -21.07% return.


YPLT.NEO

1D
-6.20%
1M
-1.73%
YTD
-12.66%
6M
-12.30%
1Y
20.85%
3Y*
5Y*
10Y*

PLTE.TO

1D
-6.14%
1M
1.02%
YTD
-21.07%
6M
-20.59%
1Y
10.84%
3Y*
5Y*
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

YPLT.NEO vs. PLTE.TO - Yearly Performance Comparison


Correlation

The correlation between YPLT.NEO and PLTE.TO is 0.91, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.91

Correlation (All Time)
Calculated using the full available price history since Feb 20, 2025

0.92

The correlation between YPLT.NEO and PLTE.TO has been stable across timeframes, ranging from 0.91 to 0.92 - a consistent structural relationship.

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Return for Risk

YPLT.NEO vs. PLTE.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

YPLT.NEO
YPLT.NEO Risk / Return Rank: 1616
Overall Rank
YPLT.NEO Sharpe Ratio Rank: 1414
Sharpe Ratio Rank
YPLT.NEO Sortino Ratio Rank: 1818
Sortino Ratio Rank
YPLT.NEO Omega Ratio Rank: 2020
Omega Ratio Rank
YPLT.NEO Calmar Ratio Rank: 1515
Calmar Ratio Rank
YPLT.NEO Martin Ratio Rank: 1414
Martin Ratio Rank

PLTE.TO
PLTE.TO Risk / Return Rank: 1212
Overall Rank
PLTE.TO Sharpe Ratio Rank: 1111
Sharpe Ratio Rank
PLTE.TO Sortino Ratio Rank: 1414
Sortino Ratio Rank
PLTE.TO Omega Ratio Rank: 1414
Omega Ratio Rank
PLTE.TO Calmar Ratio Rank: 1212
Calmar Ratio Rank
PLTE.TO Martin Ratio Rank: 1111
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.

YPLT.NEO vs. PLTE.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 Harvest Palantir Enhanced High Income Shares ETF (PLTE.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.


YPLT.NEOPLTE.TODifference
Sharpe ratioReturn per unit of total volatility

+0.15

Sortino ratioReturn per unit of downside risk

+0.26

Omega ratioGain probability vs. loss probability

1.12

1.08

+0.04

Calmar ratioReturn relative to maximum drawdown

0.50

0.26

+0.24

Martin ratioReturn relative to average drawdown

1.12

0.50

+0.62

YPLT.NEO vs. PLTE.TO - Sharpe Ratio Comparison

The current YPLT.NEO Sharpe Ratio is 0.35, which is higher than the PLTE.TO Sharpe Ratio of 0.19. The chart below compares the historical Sharpe Ratios of YPLT.NEO and PLTE.TO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Sharpe Ratios by Period


YPLT.NEOPLTE.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.35

0.19

+0.15

Sharpe Ratio (All Time)

Calculated using the full available price history

0.46

0.99

-0.54

Drawdowns

YPLT.NEO vs. PLTE.TO - Drawdown Comparison

The maximum YPLT.NEO drawdown since its inception was -41.92%, roughly equal to the maximum PLTE.TO drawdown of -43.92%. Use the drawdown chart below to compare losses from any high point for YPLT.NEO and PLTE.TO.


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Drawdown Indicators


YPLT.NEOPLTE.TODifference

Max Drawdown

Largest peak-to-trough decline

-41.92%

-43.92%

+2.00%

Max Drawdown (1Y)

Largest decline over 1 year

-41.92%

-41.32%

-0.60%

Current Drawdown

Current decline from peak

-26.29%

-31.82%

+5.53%

Average Drawdown

Average peak-to-trough decline

-15.38%

-17.25%

+1.87%

Ulcer Index

Depth and duration of drawdowns from previous peaks

18.75%

21.78%

-3.03%

Volatility

YPLT.NEO vs. PLTE.TO - Volatility Comparison

The current volatility for Palantir (PLTR) Yield Shares Purpose ETF (YPLT.NEO) is 15.23%, while Harvest Palantir Enhanced High Income Shares ETF (PLTE.TO) has a volatility of 18.90%. This indicates that YPLT.NEO experiences smaller price fluctuations and is considered to be less risky than PLTE.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


YPLT.NEOPLTE.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

15.23%

18.90%

-3.67%

Volatility (6M)

Calculated over the trailing 6-month period

45.60%

42.12%

+3.48%

Volatility (1Y)

Calculated over the trailing 1-year period

60.50%

56.11%

+4.39%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

69.38%

69.55%

-0.17%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

69.38%

69.55%

-0.17%

YPLT.NEO vs. PLTE.TO - Expense Ratio Comparison

Both YPLT.NEO and PLTE.TO have an expense ratio of 0.40%.


Dividends

YPLT.NEO vs. PLTE.TO - Dividend Comparison

YPLT.NEO's dividend yield for the trailing twelve months is around 47.71%, more than PLTE.TO's 40.53% yield.


Frequently Asked Questions


With a correlation of 0.91, YPLT.NEO and PLTE.TO move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Both ETFs have the same 0.40% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

YPLT.NEO and PLTE.TO have the same expense ratio: 0.40% per year.

They also come from different issuers: Purpose and Harvest.

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