YPLT.NEO vs. YGOG.NEO
YPLT.NEO (Palantir (PLTR) Yield Shares Purpose ETF) and YGOG.NEO (Alphabet (GOOGL) Yield Shares Purpose ETF) are both Derivative Income funds from Purpose. Both are actively managed. Over the past year, YPLT.NEO returned 23.07% vs 127.62% for YGOG.NEO. At a 0.33 correlation, their price movements are largely independent. Both charge a 0.40% expense ratio.
Performance
YPLT.NEO vs. YGOG.NEO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, YPLT.NEO achieves a -12.90% return, which is significantly lower than YGOG.NEO's 16.00% return.
YPLT.NEO
- 1D
- -0.28%
- 1M
- 4.56%
- YTD
- -12.90%
- 6M
- -13.41%
- 1Y
- 23.07%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
YGOG.NEO
- 1D
- 4.73%
- 1M
- -4.80%
- YTD
- 16.00%
- 6M
- 14.93%
- 1Y
- 127.62%
- 3Y*
- 47.06%
- 5Y*
- —
- 10Y*
- —
YPLT.NEO vs. YGOG.NEO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
YPLT.NEO Palantir (PLTR) Yield Shares Purpose ETF | -12.90% | 62.74% |
YGOG.NEO Alphabet (GOOGL) Yield Shares Purpose ETF | 16.00% | 72.42% |
Correlation
The correlation between YPLT.NEO and YGOG.NEO is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.24 |
Correlation (All Time) Calculated using the full available price history since Feb 20, 2025 | 0.33 |
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. YGOG.NEO — Risk / Return Rank
YPLT.NEO
YGOG.NEO
YPLT.NEO vs. YGOG.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 Alphabet (GOOGL) Yield Shares Purpose ETF (YGOG.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.
| YPLT.NEO | YGOG.NEO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.60 | ||
| Sortino ratioReturn per unit of downside risk | -4.03 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.63 | -0.51 |
| Calmar ratioReturn relative to maximum drawdown | 0.55 | 5.88 | -5.33 |
| Martin ratioReturn relative to average drawdown | 1.23 | 21.90 | -20.68 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| YPLT.NEO | YGOG.NEO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.38 | 3.98 | -3.60 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.45 | 1.68 | -1.22 |
Drawdowns
YPLT.NEO vs. YGOG.NEO - Drawdown Comparison
The maximum YPLT.NEO drawdown since its inception was -41.92%, which is greater than YGOG.NEO's maximum drawdown of -33.45%. Use the drawdown chart below to compare losses from any high point for YPLT.NEO and YGOG.NEO.
Loading charts...
Drawdown Indicators
| YPLT.NEO | YGOG.NEO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.92% | -33.45% | -8.47% |
Max Drawdown (1Y)Largest decline over 1 year | -41.92% | -21.82% | -20.10% |
Max Drawdown (3Y)Largest decline over 3 years | — | -33.45% | — |
Current DrawdownCurrent decline from peak | -26.50% | -7.69% | -18.81% |
Average DrawdownAverage peak-to-trough decline | -15.41% | -7.59% | -7.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 18.82% | 5.85% | +12.97% |
Volatility
YPLT.NEO vs. YGOG.NEO - Volatility Comparison
Palantir (PLTR) Yield Shares Purpose ETF (YPLT.NEO) has a higher volatility of 13.68% compared to Alphabet (GOOGL) Yield Shares Purpose ETF (YGOG.NEO) at 12.06%. This indicates that YPLT.NEO's price experiences larger fluctuations and is considered to be riskier than YGOG.NEO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| YPLT.NEO | YGOG.NEO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.68% | 12.06% | +1.62% |
Volatility (6M)Calculated over the trailing 6-month period | 45.56% | 23.20% | +22.36% |
Volatility (1Y)Calculated over the trailing 1-year period | 60.49% | 32.25% | +28.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 69.27% | 33.01% | +36.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 69.27% | 33.01% | +36.26% |
YPLT.NEO vs. YGOG.NEO - Expense Ratio Comparison
Both YPLT.NEO and YGOG.NEO have an expense ratio of 0.40%.
Dividends
YPLT.NEO vs. YGOG.NEO - Dividend Comparison
YPLT.NEO's dividend yield for the trailing twelve months is around 47.84%, more than YGOG.NEO's 7.78% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
YGOG.NEO Alphabet (GOOGL) Yield Shares Purpose ETF | 7.78% | 5.84% | 14.19% | 7.22% | 0.91% |
YPLT.NEO Palantir (PLTR) Yield Shares Purpose ETF | 47.84% | 14.71% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
YPLT.NEO and YGOG.NEO have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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 YGOG.NEO have the same expense ratio: 0.40% per year.
Find the right allocation for YPLT.NEO and YGOG.NEO
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