By extending the λ-calculus to allow for infinite λ-terms and infinite reductions. Then you may assert that both $Y f$ and $Θ f$ have $f(f(f(⋯)))$ as their normal form and, thus, that
$$Y = λf·Yf = λf·f(f(f(⋯))) = λf·Θf = Θ.$$
Going further, in fact, defining $U = λxλy·y(xy)$, we also have
$$UY = λf·UYf = λf·f(Yf) = λf·Yf = Y.$$
Similarly, $UΘ = Θ$.
Therefore, allowing for infinite λ-terms, you have $Y = U(U(U(⋯)))) = Θ$. Thus, it also follows that $Y U = Y$ and $Θ U = Θ$.
Lots of references exist, now, on the infinitary λ-calculus. Here are a few, in the field: Infinitary lambda calculus, A New Coinductive Confluence Proof For Infinitary Lambda Calculus [PDF], Infinitary Rewriting Coinductively, All the λ-Terms are Meaningful for the Infinitary Relational Model, just for starters. I'm getting close to implementing it in the combinator cruncher Combo I put up on GitHub, now that I have a better understanding of how to convert them to (likewise infinitary) combinators. With the syntax that I've been using (by hand) the normal forms would just be
$$Yf = x:f x = f(f(f(⋯))),\quad Y = x: U x = U(U(U(⋯)))),$$
to express the respective infinite terms in finite form.