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

YPLT.NEO vs. ZWC.TO

Last updated Jun 5, 2026

YPLT.NEO (Palantir (PLTR) Yield Shares Purpose ETF) and ZWC.TO (BMO CA High Dividend Covered Call ETF) are both Derivative Income funds. Both are actively managed. Over the past year, YPLT.NEO returned 23.07% vs 29.76% for ZWC.TO. At a 0.19 correlation, their price movements are largely independent. YPLT.NEO charges 0.40%/yr vs 0.91%/yr for ZWC.TO.

Performance

YPLT.NEO vs. ZWC.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 BMO CA High Dividend Covered Call ETF (ZWC.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 -12.90% return, which is significantly lower than ZWC.TO's 12.26% return.

YPLT.NEO

1D
-0.28%
1M
4.56%
YTD
-12.90%
6M
-13.41%
1Y
23.07%
3Y*
—
5Y*
—
10Y*
—

ZWC.TO

1D
1.03%
1M
3.11%
YTD
12.26%
6M
13.20%
1Y
29.76%
3Y*
17.80%
5Y*
11.31%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

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

2026 (YTD)2025
YPLT.NEO
Palantir (PLTR) Yield Shares Purpose ETF		-12.90%62.74%
ZWC.TO
BMO CA High Dividend Covered Call ETF		12.26%20.53%

Correlation

The correlation between YPLT.NEO and ZWC.TO is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.

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

0.11

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

0.19

Compare stocks, funds, or ETFs

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

Palantir (PLTR) Yield Shares Purpose ETF

BMO CA High Dividend Covered Call ETF

Often compared with YPLT.NEO:
YPLT.NEO vs. NXF.TOYPLT.NEO vs. AVGY.TOYPLT.NEO vs. EMAX.TOYPLT.NEO vs. EQLI.TOYPLT.NEO vs. HDIV.TOYPLT.NEO vs. PLTE.TOYPLT.NEO vs. JEPQ.TO
Often compared with ZWC.TO:
ZWC.TO vs. ZWB.TOZWC.TO vs. VDY.TOZWC.TO vs. HDIV.TOZWC.TO vs. XEI.TOZWC.TO vs. ZDV.TOZWC.TO vs. ZWH.TOZWC.TO vs. HMAX.TO

Return for Risk

YPLT.NEO vs. ZWC.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: 1717
Overall Rank
YPLT.NEO Sharpe Ratio Rank: 1515
Sharpe Ratio Rank
YPLT.NEO Sortino Ratio Rank: 1919
Sortino Ratio Rank
YPLT.NEO Omega Ratio Rank: 2020
Omega Ratio Rank
YPLT.NEO Calmar Ratio Rank: 1616
Calmar Ratio Rank
YPLT.NEO Martin Ratio Rank: 1515
Martin Ratio Rank
ZWC.TO
ZWC.TO Risk / Return Rank: 9393
Overall Rank
ZWC.TO Sharpe Ratio Rank: 9595
Sharpe Ratio Rank
ZWC.TO Sortino Ratio Rank: 9696
Sortino Ratio Rank
ZWC.TO Omega Ratio Rank: 9595
Omega Ratio Rank
ZWC.TO Calmar Ratio Rank: 8787
Calmar Ratio Rank
ZWC.TO Martin Ratio Rank: 9393
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. ZWC.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 BMO CA High Dividend Covered Call ETF (ZWC.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.NEOZWC.TODifference
Sharpe ratioReturn per unit of total volatility
0.38
3.81

-3.43

Sortino ratioReturn per unit of downside risk
0.95
5.39

-4.44

Omega ratioGain probability vs. loss probability

1.13

1.73

-0.61

Calmar ratioReturn relative to maximum drawdown

0.55

4.99

-4.44

Martin ratioReturn relative to average drawdown

1.23

24.65

-23.42

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

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

The current YPLT.NEO Sharpe Ratio is 0.38, which is lower than the ZWC.TO Sharpe Ratio of 3.81. The chart below compares the historical Sharpe Ratios of YPLT.NEO and ZWC.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.NEOZWC.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.38

3.81

-3.43

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

—

1.12

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.45

0.56

-0.11

Drawdowns

YPLT.NEO vs. ZWC.TO - Drawdown Comparison

The maximum YPLT.NEO drawdown since its inception was -41.92%, roughly equal to the maximum ZWC.TO drawdown of -40.57%. Use the drawdown chart below to compare losses from any high point for YPLT.NEO and ZWC.TO.

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Drawdown Indicators

YPLT.NEOZWC.TODifference

Max Drawdown

Largest peak-to-trough decline

-41.92%

-40.57%

-1.35%

Max Drawdown (1Y)

Largest decline over 1 year

-41.92%

-5.99%

-35.93%

Max Drawdown (3Y)

Largest decline over 3 years

—

-9.09%

—

Max Drawdown (5Y)

Largest decline over 5 years

—

-16.43%

—

Current Drawdown

Current decline from peak

-26.50%

0.00%

-26.50%

Average Drawdown

Average peak-to-trough decline

-15.41%

-4.69%

-10.72%

Ulcer Index

Depth and duration of drawdowns from previous peaks

18.82%

1.21%

+17.61%

Volatility

YPLT.NEO vs. ZWC.TO - Volatility Comparison

Palantir (PLTR) Yield Shares Purpose ETF (YPLT.NEO) has a higher volatility of 13.68% compared to BMO CA High Dividend Covered Call ETF (ZWC.TO) at 2.51%. This indicates that YPLT.NEO's price experiences larger fluctuations and is considered to be riskier than ZWC.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.NEOZWC.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

13.68%

2.51%

+11.17%

Volatility (6M)

Calculated over the trailing 6-month period

45.56%

6.83%

+38.73%

Volatility (1Y)

Calculated over the trailing 1-year period

60.49%

7.86%

+52.63%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

69.27%

10.14%

+59.13%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

69.27%

14.94%

+54.33%

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

YPLT.NEO has a 0.40% expense ratio, which is lower than ZWC.TO's 0.91% expense ratio.

Dividends

YPLT.NEO vs. ZWC.TO - Dividend Comparison

YPLT.NEO's dividend yield for the trailing twelve months is around 47.84%, more than ZWC.TO's 5.58% yield.

PositionTTM202520242023202220212020201920182017
YPLT.NEO
Palantir (PLTR) Yield Shares Purpose ETF		47.84%14.71%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
ZWC.TO
BMO CA High Dividend Covered Call ETF		5.58%5.92%6.73%7.62%7.01%6.60%8.15%6.92%7.11%5.46%

Frequently Asked Questions

YPLT.NEO and ZWC.TO have a correlation of 0.11, 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 0.91% for ZWC.TO.

They also come from different issuers: Purpose and BMO. Their fees differ too: 0.40% for YPLT.NEO and 0.91% for ZWC.TO.

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