YTSL.NEO vs. HYLD.TO

Last updated Apr 2, 2026

Compare and contrast key facts about Tesla (TSLA) Yield Shares Purpose ETF (YTSL.NEO) and Hamilton Enhanced U.S. Covered Call ETF (HYLD.TO).

YTSL.NEO and HYLD.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. YTSL.NEO is an actively managed fund by Purpose Investments. It was launched on Dec 19, 2022. HYLD.TO is an actively managed fund by Hamilton Capital. It was launched on Feb 4, 2022.

Performance

YTSL.NEO vs. HYLD.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 Hamilton Enhanced U.S. Covered Call ETF (HYLD.TO). The values are adjusted to include any dividend payments, if applicable.

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

	2026 (YTD)	2025	2024	2023	2022
YTSL.NEO Tesla (TSLA) Yield Shares Purpose ETF	-15.65%	27.43%	46.11%	106.56%	-20.20%
HYLD.TO Hamilton Enhanced U.S. Covered Call ETF	-5.90%	22.14%	25.39%	19.01%	1.29%

Returns By Period

In the year-to-date period, YTSL.NEO achieves a -15.65% return, which is significantly lower than HYLD.TO's -5.90% return.

YTSL.NEO

• 1D: 7.76%
• 1M: -6.01%
• YTD: -15.65%
• 6M: -4.28%
• 1Y: 71.44%
• 3Y*: 26.06%
• 5Y*: —
• 10Y*: —

HYLD.TO

• 1D: 1.20%
• 1M: -4.62%
• YTD: -5.90%
• 6M: -2.71%
• 1Y: 21.40%
• 3Y*: 17.55%
• 5Y*: —
• 10Y*: —

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

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

YTSL.NEO has a 1.65% expense ratio, which is lower than HYLD.TO's 2.37% expense ratio.

HYLD.TO

Hamilton Enhanced U.S. Covered Call ETF

YTSL.NEO

Tesla (TSLA) Yield Shares Purpose ETF

Return for Risk

YTSL.NEO vs. HYLD.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: 76
YTSL.NEO Sharpe Ratio Rank: 72
YTSL.NEO Sortino Ratio Rank: 72
YTSL.NEO Omega Ratio Rank: 66
YTSL.NEO Calmar Ratio Rank: 91
YTSL.NEO Martin Ratio Rank: 77

HYLD.TO

HYLD.TO Risk / Return Rank: 58
HYLD.TO Sharpe Ratio Rank: 53
HYLD.TO Sortino Ratio Rank: 57
HYLD.TO Omega Ratio Rank: 60
HYLD.TO Calmar Ratio Rank: 57
HYLD.TO Martin Ratio Rank: 62

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. HYLD.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 Hamilton Enhanced U.S. Covered Call ETF (HYLD.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	HYLD.TO	Difference
Sharpe ratio Return per unit of total volatility	1.33	0.98	+0.35
Sortino ratio Return per unit of downside risk	1.88	1.52	+0.36
Omega ratio Gain probability vs. loss probability	1.25	1.23	+0.02
Calmar ratio Return relative to maximum drawdown	3.25	1.52	+1.73
Martin ratio Return relative to average drawdown	8.75	6.43	+2.32
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. HYLD.TO - Sharpe Ratio Comparison

The current YTSL.NEO Sharpe Ratio is 1.33, which is higher than the HYLD.TO Sharpe Ratio of 0.98. The chart below compares the historical Sharpe Ratios of YTSL.NEO and HYLD.TO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	YTSL.NEO	HYLD.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.33	0.98	+0.35
Sharpe Ratio (All Time) Calculated using the full available price history	0.54	0.43	+0.11

Correlation

The correlation between YTSL.NEO and HYLD.TO is 0.54, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

YTSL.NEO vs. HYLD.TO - Dividend Comparison

YTSL.NEO's dividend yield for the trailing twelve months is around 47.25%, more than HYLD.TO's 13.35% yield.

	TTM	2025	2024	2023	2022
YTSL.NEO Tesla (TSLA) Yield Shares Purpose ETF	47.25%	36.11%	12.80%	24.07%	1.96%
HYLD.TO Hamilton Enhanced U.S. Covered Call ETF	13.35%	11.98%	12.13%	12.11%	13.02%

Drawdowns

YTSL.NEO vs. HYLD.TO - Drawdown Comparison

The maximum YTSL.NEO drawdown since its inception was -58.40%, which is greater than HYLD.TO's maximum drawdown of -31.38%. Use the drawdown chart below to compare losses from any high point for YTSL.NEO and HYLD.TO.

Drawdown Indicators

	YTSL.NEO	HYLD.TO	Difference
Max Drawdown Largest peak-to-trough decline	-58.40%	-31.38%	-27.02%
Max Drawdown (1Y) Largest decline over 1 year	-23.95%	-14.02%	-9.93%
Current Drawdown Current decline from peak	-16.60%	-7.59%	-9.01%
Average Drawdown Average peak-to-trough decline	-20.85%	-9.23%	-11.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.89%	3.31%	+5.58%

Volatility

YTSL.NEO vs. HYLD.TO - Volatility Comparison

Tesla (TSLA) Yield Shares Purpose ETF (YTSL.NEO) has a higher volatility of 14.81% compared to Hamilton Enhanced U.S. Covered Call ETF (HYLD.TO) at 7.71%. This indicates that YTSL.NEO's price experiences larger fluctuations and is considered to be riskier than HYLD.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	YTSL.NEO	HYLD.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.81%	7.71%	+7.10%
Volatility (6M) Calculated over the trailing 6-month period	32.59%	12.59%	+20.00%
Volatility (1Y) Calculated over the trailing 1-year period	53.99%	21.92%	+32.07%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	62.89%	19.34%	+43.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	62.89%	19.34%	+43.55%