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%	1.44B	Apr 2023	RBNK.TO vs HEB.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%	132.91M	Sep 2013	RBNK.TO vs HXF.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	0.25%	7.20B	Oct 2009	RBNK.TO vs ZEB.TO

Best Risk-Adjusted Alternatives to RBNK.TO

RBNK.TO has a PortfoliosLab risk / return rank of 98. There are 7 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	1.09B	Oct 2020	RBNK.TO vs HCAL.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	98	7.20B	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 36.55% YTD. There are 4 ETFs in the Financials Equities category with higher YTD returns, going as high as 54.94%.

Symbol	Name	YTD Return	AUM	Inception
CFOU.TO	BetaPro S&P/TSX Capped Financials 2x Daily Bull ET...	54.94%	86.75M	Jun 2007	RBNK.TO vs CFOU.TO
CBNK.TO	Mulvihill Canadian Bank Enhanced Yield ETF	48.96%	—	Feb 2022	RBNK.TO vs CBNK.TO
HCAL.TO	Hamilton Enhanced Canadian Bank ETF	44.98%	1.09B	Oct 2020	RBNK.TO vs HCAL.TO
BNKL.TO	Global X Enhanced Equal Weight Banks Index ETF	44.95%	—	Jul 2023	RBNK.TO vs BNKL.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	36.26%	7.20B	Oct 2009	RBNK.TO vs ZEB.TO

Lowest Volatility Alternatives to RBNK.TO

RBNK.TO has 14.00% 1-year volatility. There are 13 ETFs in the Financials Equities category with lower 1-year volatility, going as low as 9.21%.

Symbol	Name	Volatility 1Y	AUM	Inception
FIE.TO	iShares Canadian Financial Monthly Income ETF	9.21%	1.44B	Apr 2010	RBNK.TO vs FIE.TO
HPYB.TO	Harvest Premium Yield Canadian Bank ETF	11.82%	—	Jan 2026	RBNK.TO vs HPYB.TO
CIC.TO	CI Canadian Banks Covered Call Income Class ETF	11.87%	358.67M	Aug 2010	RBNK.TO vs CIC.TO
ZWB.TO	BMO Covered Call Canadian Banks ETF	12.03%	4.84B	Jan 2011	RBNK.TO vs ZWB.TO
CEW.TO	iShares Equal Weight Banc & Lifeco ETF	12.07%	435.32M	Feb 2008	RBNK.TO vs CEW.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%	435.32M	Feb 2008	RBNK.TO vs CEW.TO
FIE.TO	iShares Canadian Financial Monthly Income ETF	-7.19%	1.44B	Apr 2010	RBNK.TO vs FIE.TO
XFN.TO	iShares S&P/TSX Capped Financials Index ETF	-7.80%	2.34B	Mar 2001	RBNK.TO vs XFN.TO
ZWB.TO	BMO Covered Call Canadian Banks ETF	-7.82%	4.84B	Jan 2011	RBNK.TO vs ZWB.TO
HXF.TO	Global X S&P/TSX Capped Financials Index Corporate...	-7.94%	132.91M	Sep 2013	RBNK.TO vs HXF.TO

Other ETFs from RBC

The 10 most viewed RBC ETFs shown here include RUD.TO, RPF.TO, RIDH.TO and span 9 categories. AUM among these funds goes as high as $979M.

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	73	12.65%	979.22M	Jan 2014	RBNK.TO vs RUD.TO
RPF.TO	RBC Canadian Preferred Share ETF	Preferred Stock/Convertible Bonds	97	8.30%	645.53M	Sep 2016	RBNK.TO vs RPF.TO
RIDH.TO	RBC Quant EAFE Dividend Leaders (CAD Hedged) ETF	Foreign Large Cap Equities	93	15.18%	156.05M	Oct 2014	RBNK.TO vs RIDH.TO
RCDC.TO	RBC Canadian Dividend Covered Call ETF	Derivative Income	97	18.89%	—	Jan 2023	RBNK.TO vs RCDC.TO
RCDB.NEO	RBC Canadian Discount Bond ETF	Short-Term Bond	54	1.36%	—	Jun 2019	RBNK.TO vs RCDB.NEO
RID.TO	RBC Quant EAFE Dividend Leaders ETF CAD	International Equity, Dividend	82	15.64%	—	Jan 2014	RBNK.TO vs RID.TO
RLB.TO	RBC 1-5 Year Laddered Canadian Bond ETF	Total Bond Market	55	1.23%	—	Jan 2016	RBNK.TO vs RLB.TO
RUSB.TO	RBC Short Term U.S. Corporate Bond ETF	Short-Term Bond, Corporate Bonds	34	3.15%	—	Oct 2017	RBNK.TO vs RUSB.TO
RUDH.TO	RBC Quant U.S. Dividend Leaders CAD Hedged ETF	Dividend	29	8.17%	—	Oct 2014	RBNK.TO vs RUDH.TO
RBO.TO	RBC 1-5 Year Laddered Canadian Corporate Bond ETF	Corporate Bonds	53	1.31%	—	Jan 2014	RBNK.TO vs RBO.TO

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	98	34.14%	1.26B	Feb 2022	RBNK.TO vs BANK.TO
XEI.TO	iShares S&P/TSX Composite High Dividend Index ETF	Canada Equities	98	27.96%	4.25B	Apr 2011	RBNK.TO vs XEI.TO
VDY.TO	Vanguard FTSE Canadian High Dividend Yield Index E...	Dividend	99	29.60%	8.59B	Nov 2012	RBNK.TO vs VDY.TO
XGD.TO	iShares S&P/TSX Global Gold Index ETF	Gold, Precious Metals	31	-12.85%	3.30B	Mar 2001	RBNK.TO vs XGD.TO
CGI.TO	Canadian General Investments, Limited		85	10.54%	—	—	RBNK.TO vs CGI.TO
ZSP.TO	BMO S&P 500 Index ETF	S&P 500	76	13.16%	24.35B	Nov 2012	RBNK.TO vs ZSP.TO
TBNK.TO	TD Canadian Bank Dividend Index ETF	Dividend	98	36.43%	400.72M	Apr 2023	RBNK.TO vs TBNK.TO
SIXY.TO	Evolve Big Six Canadian Banks UltraYield Index ETF	Financials Equities	—	34.70%	—	Dec 2025	RBNK.TO vs SIXY.TO
BNS	The Bank of Nova Scotia		97	25.52%	—	—	RBNK.TO vs BNS
HXH.TO	Global X Canadian High Dividend Index Corporate Cl...	Canada Equities	98	25.45%	245.61M	Apr 2016	RBNK.TO vs HXH.TO
PDC.TO	Invesco Canadian Dividend Index ETF	Dividend	98	26.52%	1.05B	—	RBNK.TO vs PDC.TO
ZWK.TO	BMO Covered Call US Banks ETF	Financials Equities	66	18.20%	359.99M	Feb 2019	RBNK.TO vs ZWK.TO
HBA.TO	Hamilton Australian Bank Equal-Weight Index ETF	Financials Equities	21	4.51%	135.50M	Jun 2020	RBNK.TO vs HBA.TO
XRE.TO	iShares S&P/TSX Capped REIT Index ETF	REIT	40	15.42%	1.20B	Oct 2002	RBNK.TO vs XRE.TO
TD.TO	The Toronto-Dominion Bank		99	37.66%	—	—	RBNK.TO vs TD.TO
VCE.TO	Vanguard FTSE Canada Index ETF	Canada Equities	87	13.32%	3.54B	Nov 2011	RBNK.TO vs VCE.TO
FMAX.TO	Hamilton U.S. Financials Yield Maximizer ETF	Financials Equities	18	1.74%	193.20M	Feb 2024	RBNK.TO vs FMAX.TO
BKCL.TO	Global X Enhanced Equal Weight Canadian Banks Cove...	Financials Equities, Derivative Income	97	31.92%	198.10M	Jul 2023	RBNK.TO vs BKCL.TO
RCD.TO	RBC Quant Canadian Dividend Leaders ETF	Dividend	56	13.27%	405.38M	—	RBNK.TO vs RCD.TO
HMAX.TO	Hamilton Canadian Financials Yield Maximizer ETF	Derivative Income	97	21.55%	2.53B	Jan 2023	RBNK.TO vs HMAX.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