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RBC China Equity Fund (RBCIX) Sharpe Ratio: 1.28

Mutual Fund · Currency in USD · Last updated Jul 14, 2026

The fund invests at least 80% of its assets in equity investments connected to China, including Mainland China, Hong Kong, and Macau, focusing on common stocks and depositary receipts in local Chinese, Hong Kong, or other foreign exchanges and Renminbi ("RMB") securities.

RBCIX's Sharpe Ratio of 1.28 indicates that for each unit of volatility, it generates 1.28 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jul 14, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets. For how to read this number and when it can mislead, see Sharpe Ratio Explained.

RBCIX Sharpe Ratio Rank

RBCIX Sharpe Ratio Rank: 33.734
Below Average

RBCIX ranks above 33.7% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating below-average returns relative to volatility. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with low total volatility → Higher rank
  • High volatility (both upside and downside) → Lower rank
  • Consistent returns → Higher rank than volatile returns of same magnitude
  • Sharp drawdowns increase volatility → Lower rank

What you can do with this information

  • Returns may not adequately compensate for volatility taken
  • Consider smaller allocation given below-average risk-adjusted profile
  • Explore higher-ranked investments with better consistency
  • Assess whether the volatility profile aligns with your portfolio goals

RBCIX Sharpe Ratio Market Positioning

The chart shows RBCIX's Sharpe Ratio relative to all mutual funds on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): 1.06 or lower
  • Yellow zone (middle 50%): 1.06 to 1.94
  • Green zone (top 25%): 1.94 or higher
  • Top 1%: 3.91+
  • Median: 1.59 — half of all investments score higher

How it compares to other similar mutual funds

The table compares RBC China Equity Fund's Sharpe Ratio with other mutual funds in the China Equities, Asia Pacific Equities category across multiple time periods, showing how RBCIX's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jul 14, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
TWNThe Taiwan Fund Inc.4.47
MATFXMatthews Asia Innovators Fund2.83
FIQFXFidelity Advisor China Region Fund Class Z2.76
FHKIXFidelity Advisor China Region Fund Class I2.75
FHKCXFidelity China Region Fund2.75
FHKAXFidelity Advisor China Region Fund Class A2.74
FHKTXFidelity Advisor China Region Fund Class M2.72
TRCLXT. Rowe Price China Evolution Equity Fund2.70
FCHKXFidelity Advisor China Region Fund Class C2.68
CAFMorgan Stanley China A Share Fund2.49
RBCIXRBC China Equity Fund1.28

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows RBCIX's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when RBCIX consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Sharpe Ratio Calculator

How does RBCIX fit in your portfolio?

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