YTSL.NEO vs. NVDA

Last updated Jun 5, 2026

YTSL.NEO (Tesla (TSLA) Yield Shares Purpose ETF) is Derivative Income fund actively managed by Purpose Investments, while NVDA (NVIDIA Corporation) is a stock. Over the past 3 years, YTSL.NEO returned 28.69%/yr vs 78.33%/yr for NVDA. At a 0.33 correlation, their price movements are largely independent.

Performance

YTSL.NEO vs. NVDA - 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 NVIDIA Corporation (NVDA). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

YTSL.NEO is traded in CAD, while NVDA is traded in USD. To make them comparable, the NVDA values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, YTSL.NEO achieves a -7.41% return, which is significantly lower than NVDA's 16.62% return.

YTSL.NEO

• 1D: -1.16%
• 1M: 7.81%
• YTD: -7.41%
• 6M: 0.85%
• 1Y: 49.81%
• 3Y*: 28.69%
• 5Y*: —
• 10Y*: —

NVDA

• 1D: 0.00%
• 1M: 11.51%
• YTD: 16.62%
• 6M: 16.60%
• 1Y: 53.77%
• 3Y*: 78.33%
• 5Y*: 69.77%
• 10Y*: 70.30%

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

YTSL.NEO vs. NVDA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
YTSL.NEO Tesla (TSLA) Yield Shares Purpose ETF	-7.41%	27.43%	46.11%	106.56%	-20.20%
NVDA NVIDIA Corporation	19.00%	32.54%	194.55%	231.55%	-10.82%

Correlation

The correlation between YTSL.NEO and NVDA is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.27
Correlation (3Y) Calculated over the trailing 3-year period	0.30
Correlation (All Time) Calculated using the full available price history since Dec 20, 2022	0.33

Return for Risk

YTSL.NEO vs. NVDA — 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

NVDA

NVDA Risk / Return Rank: 80
NVDA Sharpe Ratio Rank: 83
NVDA Sortino Ratio Rank: 79
NVDA Omega Ratio Rank: 75
NVDA Calmar Ratio Rank: 81
NVDA Martin Ratio Rank: 80

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. NVDA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tesla (TSLA) Yield Shares Purpose ETF (YTSL.NEO) and NVIDIA Corporation (NVDA). 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	NVDA	Difference
Sharpe ratio: Return per unit of total volatility	1.04	1.58	-0.54
Sortino ratio: Return per unit of downside risk	1.55	2.19	-0.64
Omega ratio: Gain probability vs. loss probability	1.21	1.27	-0.06
Calmar ratio: Return relative to maximum drawdown	2.02	2.58	-0.57
Martin ratio: Return relative to average drawdown	5.28	5.87	-0.59
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. NVDA - Sharpe Ratio Comparison

The current YTSL.NEO Sharpe Ratio is 1.04, which is lower than the NVDA Sharpe Ratio of 1.58. The chart below compares the historical Sharpe Ratios of YTSL.NEO and NVDA, 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	NVDA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.04	1.58	-0.54
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	1.39	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	1.45	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.57	1.16	-0.58

Drawdowns

YTSL.NEO vs. NVDA - Drawdown Comparison

The maximum YTSL.NEO drawdown since its inception was -58.40%, smaller than the maximum NVDA drawdown of -63.31%. Use the drawdown chart below to compare losses from any high point for YTSL.NEO and NVDA.

Drawdown Indicators

	YTSL.NEO	NVDA	Difference
Max Drawdown Largest peak-to-trough decline	-58.40%	-63.31%	+4.91%
Max Drawdown (1Y) Largest decline over 1 year	-24.81%	-20.91%	-3.90%
Max Drawdown (3Y) Largest decline over 3 years	-58.40%	-37.37%	-21.03%
Max Drawdown (5Y) Largest decline over 5 years	—	-63.31%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-63.31%	—
Current Drawdown Current decline from peak	-8.46%	-7.73%	-0.73%
Average Drawdown Average peak-to-trough decline	-20.46%	-19.40%	-1.06%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.59%	9.19%	+0.40%

Volatility

YTSL.NEO vs. NVDA - Volatility Comparison

Tesla (TSLA) Yield Shares Purpose ETF (YTSL.NEO) and NVIDIA Corporation (NVDA) have volatilities of 12.78% and 12.39%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	YTSL.NEO	NVDA	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.78%	12.39%	+0.39%
Volatility (6M) Calculated over the trailing 6-month period	29.36%	25.47%	+3.89%
Volatility (1Y) Calculated over the trailing 1-year period	48.20%	34.18%	+14.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	61.82%	50.46%	+11.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	61.82%	48.80%	+13.02%

Dividends

YTSL.NEO vs. NVDA - Dividend Comparison

YTSL.NEO's dividend yield for the trailing twelve months is around 46.17%, more than NVDA's 0.13% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NVDA NVIDIA Corporation	0.13%	0.02%	0.03%	0.03%	0.11%	0.05%	0.12%	0.27%	0.46%	0.29%	0.45%	1.20%
YTSL.NEO Tesla (TSLA) Yield Shares Purpose ETF	46.17%	36.11%	12.80%	24.07%	1.96%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

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

YTSL.NEO and NVDA have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.