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%	1.27B	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
ZEB.TO	BMO Equal Weight Banks Index ETF	0.25%	5.16B	Oct 2009	RBNK.TO vs ZEB.TO
HXF.TO	Global X S&P/TSX Capped Financials Index Corporate...	0.25%	121.72M	Sep 2013	RBNK.TO vs HXF.TO

Best Risk-Adjusted Alternatives to RBNK.TO

RBNK.TO has a PortfoliosLab risk / return rank of 96. There are 5 ETFs in the Financials Equities category with higher risk-adjusted ranks, going as high as 96.

Symbol	Name	Risk / Return Rank	AUM	Inception
CBNK.TO	Mulvihill Canadian Bank Enhanced Yield ETF	96	—	Feb 2022	RBNK.TO vs CBNK.TO
BNKL.TO	Global X Enhanced Equal Weight Banks Index ETF	96	—	Jul 2023	RBNK.TO vs BNKL.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	96	5.16B	Oct 2009	RBNK.TO vs ZEB.TO
HBNK.TO	Global X Equal Weight Banks Index ETF	96	—	Jul 2023	RBNK.TO vs HBNK.TO
HEB.TO	Hamilton Canadian Bank Equal-Weight Index ETF	96	1.27B	Apr 2023	RBNK.TO vs HEB.TO

Top Performing RBNK.TO Alternatives (YTD)

RBNK.TO is at 19.94% YTD. There are 3 ETFs in the Financials Equities category with higher YTD returns, going as high as 25.56%.

Symbol	Name	YTD Return	AUM	Inception
CBNK.TO	Mulvihill Canadian Bank Enhanced Yield ETF	25.56%	—	Feb 2022	RBNK.TO vs CBNK.TO
CFOU.TO	BetaPro S&P/TSX Capped Financials 2x Daily Bull ET...	23.22%	77.00M	Jun 2007	RBNK.TO vs CFOU.TO
BNKL.TO	Global X Enhanced Equal Weight Banks Index ETF	20.92%	—	Jul 2023	RBNK.TO vs BNKL.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	19.22%	5.16B	Oct 2009	RBNK.TO vs ZEB.TO
HEB.TO	Hamilton Canadian Bank Equal-Weight Index ETF	19.19%	1.27B	Apr 2023	RBNK.TO vs HEB.TO

Lowest Volatility Alternatives to RBNK.TO

RBNK.TO has 13.33% 1-year volatility. There are 9 ETFs in the Financials Equities category with lower 1-year volatility, going as low as 11.26%.

Symbol	Name	Volatility 1Y	AUM	Inception
CIC.TO	CI Canadian Banks Covered Call Income Class ETF	11.26%	423.04M	Aug 2010	RBNK.TO vs CIC.TO
ZWB.TO	BMO Covered Call Canadian Banks ETF	11.31%	4.34B	Jan 2024	RBNK.TO vs ZWB.TO
CEW.TO	iShares Equal Weight Banc & Lifeco ETF	11.61%	381.54M	Feb 2008	RBNK.TO vs CEW.TO
XFN.TO	iShares S&P/TSX Capped Financials Index ETF	12.07%	2.24B	Mar 2001	RBNK.TO vs XFN.TO
BKCL.TO	Global X Enhanced Equal Weight Canadian Banks Cove...	12.59%	187.53M	Jul 2023	RBNK.TO vs BKCL.TO

Lowest Drawdown Alternatives to RBNK.TO

RBNK.TO has a 1-year max drawdown of -9.08%. There are 9 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%	381.54M	Feb 2008	RBNK.TO vs CEW.TO
XFN.TO	iShares S&P/TSX Capped Financials Index ETF	-7.80%	2.24B	Mar 2001	RBNK.TO vs XFN.TO
ZWB.TO	BMO Covered Call Canadian Banks ETF	-7.82%	4.34B	Jan 2024	RBNK.TO vs ZWB.TO
HXF.TO	Global X S&P/TSX Capped Financials Index Corporate...	-7.94%	121.72M	Sep 2013	RBNK.TO vs HXF.TO
CIC.TO	CI Canadian Banks Covered Call Income Class ETF	-8.23%	423.04M	Aug 2010	RBNK.TO vs CIC.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 $943M.

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	58	8.99%	942.74M	Jan 2014	RBNK.TO vs RUD.TO
RPF.TO	RBC Canadian Preferred Share ETF	Preferred Stock/Convertible Bonds	97	6.52%	664.82M	Sep 2016	RBNK.TO vs RPF.TO
RIDH.TO	RBC Quant EAFE Dividend Leaders (CAD Hedged) ETF	Foreign Large Cap Equities	81	11.50%	145.76M	Oct 2014	RBNK.TO vs RIDH.TO
RCDC.TO	RBC Canadian Dividend Covered Call ETF	Derivative Income	93	12.49%	—	Jan 2023	RBNK.TO vs RCDC.TO
RCDB.NEO	RBC Canadian Discount Bond ETF	Short-Term Bond	38	1.15%	—	Jun 2019	RBNK.TO vs RCDB.NEO

Often Compared With RBNK.TO

Investors most often compare RBNK.TO with BANK.TO, TBNK, XEI.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	96	17.36%	1.08B	Feb 2022	RBNK.TO vs BANK.TO
TBNK	Territorial Bancorp Inc.		—	—	—	—	RBNK.TO vs TBNK
XEI.TO	iShares S&P/TSX Composite High Dividend Index ETF	Canada Equities	98	22.21%	4.02B	Apr 2011	RBNK.TO vs XEI.TO
VDY.TO	Vanguard FTSE Canadian High Dividend Yield Index E...	Dividend	98	20.59%	7.99B	Nov 2012	RBNK.TO vs VDY.TO
XGD.TO	iShares S&P/TSX Global Gold Index ETF	Precious Metals	42	3.35%	3.59B	Mar 2001	RBNK.TO vs XGD.TO
CGI.TO	Canadian General Investments, Limited		90	13.11%	—	—	RBNK.TO vs CGI.TO
ZSP.TO	BMO S&P 500 Index ETF	S&P 500	72	12.15%	23.82B	Nov 2012	RBNK.TO vs ZSP.TO
BNS	The Bank of Nova Scotia		94	11.35%	—	—	RBNK.TO vs BNS
HXH.TO	Global X Canadian High Dividend Index Corporate Cl...	Canada Equities	98	20.31%	237.17M	Apr 2016	RBNK.TO vs HXH.TO
TBNK.TO	TD Canadian Bank Dividend Index ETF	Dividend	96	19.17%	340.80M	Apr 2023	RBNK.TO vs TBNK.TO
PDC.TO	Invesco Canadian Dividend Index ETF	Dividend	96	19.02%	1.02B	—	RBNK.TO vs PDC.TO
HCAL.TO	Hamilton Enhanced Canadian Bank ETF	Leveraged Equities	96	23.54%	959.30M	Oct 2020	RBNK.TO vs HCAL.TO
HBA.TO	Hamilton Australian Bank Equal-Weight Index ETF	Financials Equities	15	-0.51%	132.00M	Jun 2020	RBNK.TO vs HBA.TO
ZWK.TO	BMO Covered Call US Banks ETF	Financials Equities	42	3.97%	344.84M	Feb 2019	RBNK.TO vs ZWK.TO
SIXY.TO	Evolve Big Six Canadian Banks UltraYield Index ETF	Financials Equities	—	17.44%	—	Dec 2025	RBNK.TO vs SIXY.TO
XRE.TO	iShares S&P/TSX Capped REIT Index ETF	REIT	27	9.55%	1.15B	Oct 2002	RBNK.TO vs XRE.TO
VCE.TO	Vanguard FTSE Canada Index ETF	Canada Equities	72	10.03%	3.48B	Nov 2011	RBNK.TO vs VCE.TO
FIE.TO	iShares Canadian Financial Monthly Income ETF	Canada Equities	93	8.54%	1.34B	Apr 2010	RBNK.TO vs FIE.TO
TD.TO	The Toronto-Dominion Bank		98	22.75%	—	—	RBNK.TO vs TD.TO
FMAX.TO	Hamilton U.S. Financials Yield Maximizer ETF	Financials Equities	8	-8.06%	172.90M	Feb 2024	RBNK.TO vs FMAX.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