YTSL.NEO vs. HPYM.TO

Last updated Jun 5, 2026

YTSL.NEO (Tesla (TSLA) Yield Shares Purpose ETF) and HPYM.TO (Harvest Premium Yield 7-10 Year Treasury ETF - Class A Units) are both exchange-traded funds - YTSL.NEO is a Derivative Income fund actively managed by Purpose Investments, while HPYM.TO is a Government Bonds fund actively managed by Harvest. Both are actively managed. Over the past year, YTSL.NEO returned 80.61% vs 2.32% for HPYM.TO. At a 0.03 correlation, their price movements are largely independent. YTSL.NEO charges 1.65%/yr vs 0.45%/yr for HPYM.TO.

Performance

YTSL.NEO vs. HPYM.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Tesla (TSLA) Yield Shares Purpose ETF (YTSL.NEO) and Harvest Premium Yield 7-10 Year Treasury ETF - Class A Units (HPYM.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, YTSL.NEO achieves a -7.41% return, which is significantly lower than HPYM.TO's -1.11% return.

YTSL.NEO

• 1D: -1.16%
• 1M: 5.17%
• YTD: -7.41%
• 6M: 0.66%
• 1Y: 80.61%
• 3Y*: 28.69%
• 5Y*: —
• 10Y*: —

HPYM.TO

• 1D: 0.15%
• 1M: -0.15%
• YTD: -1.11%
• 6M: -1.25%
• 1Y: 2.32%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

YTSL.NEO vs. HPYM.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024
YTSL.NEO Tesla (TSLA) Yield Shares Purpose ETF	-7.41%	27.43%	71.60%
HPYM.TO Harvest Premium Yield 7-10 Year Treasury ETF - Class A Units	-1.11%	6.72%	-0.41%

Correlation

The correlation between YTSL.NEO and HPYM.TO is 0.02, 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	0.02
Correlation (All Time) Calculated using the full available price history since Jan 18, 2024	0.03

Return for Risk

YTSL.NEO vs. HPYM.TO — Risk / Return Rank

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

YTSL.NEO

YTSL.NEO Risk / Return Rank: 33
YTSL.NEO Sharpe Ratio Rank: 30
YTSL.NEO Sortino Ratio Rank: 29
YTSL.NEO Omega Ratio Rank: 32
YTSL.NEO Calmar Ratio Rank: 42
YTSL.NEO Martin Ratio Rank: 35

HPYM.TO

HPYM.TO Risk / Return Rank: 17
HPYM.TO Sharpe Ratio Rank: 18
HPYM.TO Sortino Ratio Rank: 16
HPYM.TO Omega Ratio Rank: 16
HPYM.TO Calmar Ratio Rank: 16
HPYM.TO Martin Ratio Rank: 17

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.

YTSL.NEO vs. HPYM.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tesla (TSLA) Yield Shares Purpose ETF (YTSL.NEO) and Harvest Premium Yield 7-10 Year Treasury ETF - Class A Units (HPYM.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.

	YTSL.NEO	HPYM.TO	Difference
Sharpe ratio: Return per unit of total volatility	1.04	0.52	+0.52
Sortino ratio: Return per unit of downside risk	1.55	0.76	+0.79
Omega ratio: Gain probability vs. loss probability	1.21	1.09	+0.11
Calmar ratio: Return relative to maximum drawdown	2.02	0.61	+1.41
Martin ratio: Return relative to average drawdown	5.28	1.70	+3.59
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

YTSL.NEO vs. HPYM.TO - Sharpe Ratio Comparison

The current YTSL.NEO Sharpe Ratio is 1.04, which is higher than the HPYM.TO Sharpe Ratio of 0.52. The chart below compares the historical Sharpe Ratios of YTSL.NEO and HPYM.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.

Sharpe Ratios by Period

	YTSL.NEO	HPYM.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.04	0.52	+0.52
Sharpe Ratio (All Time) Calculated using the full available price history	0.57	0.38	+0.20

Drawdowns

YTSL.NEO vs. HPYM.TO - Drawdown Comparison

The maximum YTSL.NEO drawdown since its inception was -58.40%, which is greater than HPYM.TO's maximum drawdown of -6.19%. Use the drawdown chart below to compare losses from any high point for YTSL.NEO and HPYM.TO.

Drawdown Indicators

	YTSL.NEO	HPYM.TO	Difference
Max Drawdown Largest peak-to-trough decline	-58.40%	-6.19%	-52.21%
Max Drawdown (1Y) Largest decline over 1 year	-24.81%	-3.85%	-20.96%
Max Drawdown (3Y) Largest decline over 3 years	-58.40%	—	—
Current Drawdown Current decline from peak	-8.46%	-2.56%	-5.90%
Average Drawdown Average peak-to-trough decline	-20.46%	-1.94%	-18.52%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.59%	1.37%	+8.22%

Volatility

YTSL.NEO vs. HPYM.TO - Volatility Comparison

Tesla (TSLA) Yield Shares Purpose ETF (YTSL.NEO) has a higher volatility of 12.78% compared to Harvest Premium Yield 7-10 Year Treasury ETF - Class A Units (HPYM.TO) at 2.01%. This indicates that YTSL.NEO's price experiences larger fluctuations and is considered to be riskier than HPYM.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	YTSL.NEO	HPYM.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.78%	2.01%	+10.77%
Volatility (6M) Calculated over the trailing 6-month period	29.36%	3.28%	+26.08%
Volatility (1Y) Calculated over the trailing 1-year period	48.20%	4.53%	+43.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	61.82%	5.60%	+56.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	61.82%	5.60%	+56.22%

YTSL.NEO vs. HPYM.TO - Expense Ratio Comparison

YTSL.NEO has a 1.65% expense ratio, which is higher than HPYM.TO's 0.45% expense ratio.

Dividends

YTSL.NEO vs. HPYM.TO - Dividend Comparison

YTSL.NEO's dividend yield for the trailing twelve months is around 46.17%, more than HPYM.TO's 9.36% yield.

Position	TTM	2025	2024	2023	2022
HPYM.TO Harvest Premium Yield 7-10 Year Treasury ETF - Class A Units	9.36%	9.01%	8.07%	0.00%	0.00%
YTSL.NEO Tesla (TSLA) Yield Shares Purpose ETF	46.17%	36.11%	12.80%	24.07%	1.96%

Frequently Asked Questions

Can I hold both YTSL.NEO and HPYM.TO in my portfolio?

YTSL.NEO and HPYM.TO have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, YTSL.NEO or HPYM.TO?

On fees, HPYM.TO is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, YTSL.NEO or HPYM.TO?

HPYM.TO is cheaper with a 0.45% expense ratio, compared with 1.65% for YTSL.NEO.

What is the main difference between YTSL.NEO and HPYM.TO?

YTSL.NEO is categorized as Derivative Income, while HPYM.TO is Government Bonds. They also come from different issuers: Purpose Investments and Harvest. Their fees differ too: 1.65% for YTSL.NEO and 0.45% for HPYM.TO.