RBNK.TO Alternatives & Similar ETFs

RBC Canadian Bank Yield Index ETF (RBNK.TO) belongs to the Financials Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with RBNK.TO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to RBNK.TO

RBNK.TO charges 0.32% annually. There are 5 ETFs in the Financials Equities category with lower expense ratios, going as low as 0.09%.

Symbol	Name	Expense Ratio	AUM	Inception
HBNK.TO	Global X Equal Weight Banks Index ETF	0.09%	—	Jul 2023	RBNK.TO vs HBNK.TO
HEB.TO	Hamilton Canadian Bank Equal-Weight Index ETF	0.19%	1.39B	Apr 2023	RBNK.TO vs HEB.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	0.25%	6.15B	Oct 2009	RBNK.TO vs ZEB.TO
XUSF.TO	iShares S&P U.S. Financials Index ETF	0.25%	—	Sep 2023	RBNK.TO vs XUSF.TO
HXF.TO	Global X S&P/TSX Capped Financials Index Corporate...	0.25%	130.84M	Sep 2013	RBNK.TO vs HXF.TO

Best Risk-Adjusted Alternatives to RBNK.TO

RBNK.TO has a PortfoliosLab risk / return rank of 97. There are 6 ETFs in the Financials Equities category with higher risk-adjusted ranks, going as high as 98.

Symbol	Name	Risk / Return Rank	AUM	Inception
CBNK.TO	Mulvihill Canadian Bank Enhanced Yield ETF	98	—	Feb 2022	RBNK.TO vs CBNK.TO
BNKL.TO	Global X Enhanced Equal Weight Banks Index ETF	98	—	Jul 2023	RBNK.TO vs BNKL.TO
HCAL.TO	Hamilton Enhanced Canadian Bank ETF	98	1.06B	Oct 2020	RBNK.TO vs HCAL.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	98	6.15B	Oct 2009	RBNK.TO vs ZEB.TO
HBNK.TO	Global X Equal Weight Banks Index ETF	98	—	Jul 2023	RBNK.TO vs HBNK.TO

Top Performing RBNK.TO Alternatives (YTD)

RBNK.TO is at 30.54% YTD. There are 4 ETFs in the Financials Equities category with higher YTD returns, going as high as 42.22%.

Symbol	Name	YTD Return	AUM	Inception
CFOU.TO	BetaPro S&P/TSX Capped Financials 2x Daily Bull ET...	42.22%	86.85M	Jun 2007	RBNK.TO vs CFOU.TO
CBNK.TO	Mulvihill Canadian Bank Enhanced Yield ETF	41.08%	—	Feb 2022	RBNK.TO vs CBNK.TO
HCAL.TO	Hamilton Enhanced Canadian Bank ETF	37.50%	1.06B	Oct 2020	RBNK.TO vs HCAL.TO
BNKL.TO	Global X Enhanced Equal Weight Banks Index ETF	36.54%	—	Jul 2023	RBNK.TO vs BNKL.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	30.07%	6.15B	Oct 2009	RBNK.TO vs ZEB.TO

Lowest Volatility Alternatives to RBNK.TO

RBNK.TO has 13.55% 1-year volatility. There are 10 ETFs in the Financials Equities category with lower 1-year volatility, going as low as 9.01%.

Symbol	Name	Volatility 1Y	AUM	Inception
FIE.TO	iShares Canadian Financial Monthly Income ETF	9.01%	1.40B	Apr 2010	RBNK.TO vs FIE.TO
CIC.TO	CI Canadian Banks Covered Call Income Class ETF	11.42%	348.36M	Aug 2010	RBNK.TO vs CIC.TO
ZWB.TO	BMO Covered Call Canadian Banks ETF	11.53%	4.65B	Jan 2011	RBNK.TO vs ZWB.TO
CEW.TO	iShares Equal Weight Banc & Lifeco ETF	11.79%	419.44M	Feb 2008	RBNK.TO vs CEW.TO
XFN.TO	iShares S&P/TSX Capped Financials Index ETF	12.20%	2.28B	Mar 2001	RBNK.TO vs XFN.TO

Lowest Drawdown Alternatives to RBNK.TO

RBNK.TO has a 1-year max drawdown of -9.08%. There are 10 ETFs in the Financials Equities category with shallower 1-year drawdowns, going as shallow as -7.13%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
CEW.TO	iShares Equal Weight Banc & Lifeco ETF	-7.13%	419.44M	Feb 2008	RBNK.TO vs CEW.TO
FIE.TO	iShares Canadian Financial Monthly Income ETF	-7.19%	1.40B	Apr 2010	RBNK.TO vs FIE.TO
XFN.TO	iShares S&P/TSX Capped Financials Index ETF	-7.80%	2.28B	Mar 2001	RBNK.TO vs XFN.TO
ZWB.TO	BMO Covered Call Canadian Banks ETF	-7.82%	4.65B	Jan 2011	RBNK.TO vs ZWB.TO
HXF.TO	Global X S&P/TSX Capped Financials Index Corporate...	-7.94%	130.84M	Sep 2013	RBNK.TO vs HXF.TO

Other ETFs from RBC

The 5 most viewed RBC ETFs shown here include RUD.TO, RPF.TO, RIDH.TO and span 6 categories. AUM among these funds goes as high as $961M.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
RUD.TO	RBC Quant U.S. Dividend Leaders ETF (CAD)	Large Cap Blend Equities, Dividend	68	10.54%	961.23M	Jan 2014	RBNK.TO vs RUD.TO
RPF.TO	RBC Canadian Preferred Share ETF	Preferred Stock/Convertible Bonds	97	6.34%	637.98M	Sep 2016	RBNK.TO vs RPF.TO
RIDH.TO	RBC Quant EAFE Dividend Leaders (CAD Hedged) ETF	Foreign Large Cap Equities	90	13.07%	149.91M	Oct 2014	RBNK.TO vs RIDH.TO
RCDC.TO	RBC Canadian Dividend Covered Call ETF	Derivative Income	95	15.05%	—	Jan 2023	RBNK.TO vs RCDC.TO
RCDB.NEO	RBC Canadian Discount Bond ETF	Short-Term Bond	46	1.45%	—	Jun 2019	RBNK.TO vs RCDB.NEO

Often Compared With RBNK.TO

Investors most often compare RBNK.TO with BANK.TO, XEI.TO, VDY.TO. These 20 comparison targets span 8 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
BANK.TO	Evolve Canadian Banks and Lifecos Enhanced Yield I...	Derivative Income	97	26.80%	1.16B	Feb 2022	RBNK.TO vs BANK.TO
XEI.TO	iShares S&P/TSX Composite High Dividend Index ETF	Canada Equities	97	23.00%	4.13B	Apr 2011	RBNK.TO vs XEI.TO
VDY.TO	Vanguard FTSE Canadian High Dividend Yield Index E...	Dividend	98	23.93%	7.99B	Nov 2012	RBNK.TO vs VDY.TO
XGD.TO	iShares S&P/TSX Global Gold Index ETF	Gold, Precious Metals	34	-7.10%	3.65B	Mar 2001	RBNK.TO vs XGD.TO
CGI.TO	Canadian General Investments, Limited		87	9.25%	—	—	RBNK.TO vs CGI.TO
ZSP.TO	BMO S&P 500 Index ETF	S&P 500	73	11.92%	24.23B	Nov 2012	RBNK.TO vs ZSP.TO
BNS	The Bank of Nova Scotia		96	18.34%	—	—	RBNK.TO vs BNS
TBNK.TO	TD Canadian Bank Dividend Index ETF	Dividend	98	30.09%	370.26M	Apr 2023	RBNK.TO vs TBNK.TO
HXH.TO	Global X Canadian High Dividend Index Corporate Cl...	Canada Equities	98	21.36%	241.91M	Apr 2016	RBNK.TO vs HXH.TO
SIXY.TO	Evolve Big Six Canadian Banks UltraYield Index ETF	Financials Equities	—	27.78%	—	Dec 2025	RBNK.TO vs SIXY.TO
PDC.TO	Invesco Canadian Dividend Index ETF	Dividend	97	21.92%	1.02B	—	RBNK.TO vs PDC.TO
HBA.TO	Hamilton Australian Bank Equal-Weight Index ETF	Financials Equities	15	2.37%	134.70M	Jun 2020	RBNK.TO vs HBA.TO
ZWK.TO	BMO Covered Call US Banks ETF	Financials Equities	62	14.79%	360.23M	Feb 2019	RBNK.TO vs ZWK.TO
XRE.TO	iShares S&P/TSX Capped REIT Index ETF	REIT	38	12.52%	1.17B	Oct 2002	RBNK.TO vs XRE.TO
VCE.TO	Vanguard FTSE Canada Index ETF	Canada Equities	78	10.72%	3.48B	Nov 2011	RBNK.TO vs VCE.TO
TD.TO	The Toronto-Dominion Bank		99	33.00%	—	—	RBNK.TO vs TD.TO
FMAX.TO	Hamilton U.S. Financials Yield Maximizer ETF	Financials Equities	14	-1.42%	188.90M	Feb 2024	RBNK.TO vs FMAX.TO
BKCL.TO	Global X Enhanced Equal Weight Canadian Banks Cove...	Financials Equities, Derivative Income	97	26.21%	197.22M	Jul 2023	RBNK.TO vs BKCL.TO
HMAX.TO	Hamilton Canadian Financials Yield Maximizer ETF	Derivative Income	95	17.37%	2.47B	Jan 2023	RBNK.TO vs HMAX.TO
RCD.TO	RBC Quant Canadian Dividend Leaders ETF	Dividend	50	11.24%	409.33M	—	RBNK.TO vs RCD.TO

Compare RBNK.TO with Any Fund or Stock

Compare RBNK.TO with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

Pair RBNK.TO with funds that move differently

RBC Canadian Bank Yield Index ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to RBNK.TO.

Explore RBNK.TO Diversifiers

RBC Canadian Bank Yield Index ETF (RBNK.TO) Alternatives