Key stats
About Alphabet (GOOGL) Yield Shares Purpose ETF Trust Units
Home page
Inception date
Dec 20, 2022
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Primary advisor
Purpose Investments, Inc.
ISIN
CA02080B1040
The fund aims for long-term capital appreciation by buying and holding stocks of Alphabet Inc. As part of a suite that first offers yield-focused, single-stock ETFs in Canada, the funds strategy includes using leverage, covered call options and/or cash covered put options to generate monthly distributions. When deemed appropriate, the fund may write covered call options and/or cash covered put options, as well as hold cash, short-term securities and/or fixed income securities. The fund may engage in securities lending and make use of derivatives, such as options, futures contracts and forward contracts. The fund does not engage in short selling. Holdings of the constituent securities are not actively managed. The fund does not attempt to take defensive positions in declining markets. Hence, adverse financial conditions to Alphabet Inc. will not result in an adjustment to the funds holdings.
Related funds
Classification
What's in the fund
Exposure type
Technology Services
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
YGOG trades at 54.24 CAD today, its price has risen 3.83% in the past 24 hours. Track more dynamics on YGOG price chart.
YGOG net asset value is 54.18 today — it's risen 20.71% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
YGOG assets under management is 64.07 M CAD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
YGOG price has risen by 19.87% over the last month, and its yearly performance shows a 61.33% increase. See more dynamics on YGOG price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 20.71% over the last month, showed a 53.39% increase in three-month performance and has increased by 75.03% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 20.71% over the last month, showed a 53.39% increase in three-month performance and has increased by 75.03% in a year.
YGOG fund flows account for 11.23 M CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
YGOG invests in stocks. See more details in our Analysis section.
YGOG expense ratio is 1.86%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, YGOG isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, YGOG technical analysis shows the strong buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating YGOG shows the strong buy signal. See more of YGOG technicals for a more comprehensive analysis.
Today, YGOG technical analysis shows the strong buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating YGOG shows the strong buy signal. See more of YGOG technicals for a more comprehensive analysis.
No, YGOG doesn't pay dividends to its holders.
YGOG trades at a premium (0.12%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
YGOG shares are issued by Purpose Unlimited
YGOG follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Dec 20, 2022.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.