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

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 funds that fit a different role in your portfolio.

Cheapest Alternatives to RBNK.TO

RBNK.TO charges 0.32% annually. Among ETFs in the Financials Equities category, these options have the lowest expense ratios among RBNK.TO alternatives.

Symbol	Name	Expense Ratio	Inception
HBNK.TO	Global X Equal Weight Banks Index ETF	0.09%	Jul 5, 2023	RBNK.TO vs HBNK.TO
HEB.TO	Hamilton Canadian Bank Equal-Weight Index ETF	0.19%	Apr 3, 2023	RBNK.TO vs HEB.TO
HXF.TO	Global X S&P/TSX Capped Financials Index Corporate...	0.25%	Sep 16, 2013	RBNK.TO vs HXF.TO
XUSF.TO	iShares S&P U.S. Financials Index ETF	0.25%	Sep 6, 2023	RBNK.TO vs XUSF.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	0.25%	Oct 19, 2009	RBNK.TO vs ZEB.TO

Best Risk-Adjusted Alternatives to RBNK.TO

Among ETFs in the Financials Equities category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.

Symbol	Name	Risk / Return Rank	Inception
ZEB.TO	BMO Equal Weight Banks Index ETF	98	Oct 19, 2009	RBNK.TO vs ZEB.TO
HBNK.TO	Global X Equal Weight Banks Index ETF	98	Jul 5, 2023	RBNK.TO vs HBNK.TO
BNKL.TO	Global X Enhanced Equal Weight Banks Index ETF	98	Jul 5, 2023	RBNK.TO vs BNKL.TO
HEB.TO	Hamilton Canadian Bank Equal-Weight Index ETF	98	Apr 3, 2023	RBNK.TO vs HEB.TO
ZWB.TO	BMO Covered Call Canadian Banks ETF	98	Jan 9, 2024	RBNK.TO vs ZWB.TO

Top Performing RBNK.TO Alternatives (YTD)

RBNK.TO alternatives from the Financials Equities category, sorted by year-to-date return.

Symbol	Name	YTD Return	Inception
ZEB.TO	BMO Equal Weight Banks Index ETF	1.92%	Oct 19, 2009	RBNK.TO vs ZEB.TO
HBNK.TO	Global X Equal Weight Banks Index ETF	1.67%	Jul 5, 2023	RBNK.TO vs HBNK.TO
HEB.TO	Hamilton Canadian Bank Equal-Weight Index ETF	1.58%	Apr 3, 2023	RBNK.TO vs HEB.TO
CIC.TO	CI Canadian Banks Covered Call Income Class ETF	1.51%	Aug 18, 2010	RBNK.TO vs CIC.TO
ZWB.TO	BMO Covered Call Canadian Banks ETF	1.45%	Jan 9, 2024	RBNK.TO vs ZWB.TO

Lowest Volatility Alternatives to RBNK.TO

RBNK.TO alternatives from the Financials Equities category, sorted by annualized volatility over the past year.

Symbol	Name	Volatility 1Y	Inception
ZWB.TO	BMO Covered Call Canadian Banks ETF	12.37%	Jan 9, 2024	RBNK.TO vs ZWB.TO
CIC.TO	CI Canadian Banks Covered Call Income Class ETF	12.48%	Aug 18, 2010	RBNK.TO vs CIC.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	13.34%	Oct 19, 2009	RBNK.TO vs ZEB.TO
HBNK.TO	Global X Equal Weight Banks Index ETF	13.46%	Jul 5, 2023	RBNK.TO vs HBNK.TO
CEW.TO	iShares Equal Weight Banc & Lifeco ETF	13.49%	Feb 6, 2008	RBNK.TO vs CEW.TO

Lowest Drawdown Alternatives to RBNK.TO

RBNK.TO alternatives from the Financials Equities category, sorted by maximum drawdown over the past year.

Symbol	Name	Max Drawdown 1Y	Inception
ZWB.TO	BMO Covered Call Canadian Banks ETF	-8.10%	Jan 9, 2024	RBNK.TO vs ZWB.TO
CIC.TO	CI Canadian Banks Covered Call Income Class ETF	-8.23%	Aug 18, 2010	RBNK.TO vs CIC.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	-8.44%	Oct 19, 2009	RBNK.TO vs ZEB.TO
HBNK.TO	Global X Equal Weight Banks Index ETF	-8.48%	Jul 5, 2023	RBNK.TO vs HBNK.TO
HEB.TO	Hamilton Canadian Bank Equal-Weight Index ETF	-8.86%	Apr 3, 2023	RBNK.TO vs HEB.TO

Other ETFs from RBC

Most popular RBC ETFs on PortfoliosLab, across asset classes.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
RUD.TO	RBC Quant U.S. Dividend Leaders ETF (CAD)	Large Cap Blend Equities, Dividend	38	-0.58%	Jan 9, 2014	RBNK.TO vs RUD.TO
RPF.TO	RBC Canadian Preferred Share ETF	Preferred Stock/Convertible Bonds	91	1.93%	Sep 14, 2016	RBNK.TO vs RPF.TO
RCDC.TO	RBC Canadian Dividend Covered Call ETF	Derivative Income	91	4.14%	Jan 17, 2023	RBNK.TO vs RCDC.TO
RIDH.TO	RBC Quant EAFE Dividend Leaders (CAD Hedged) ETF	Foreign Large Cap Equities	89	7.03%	Oct 22, 2014	RBNK.TO vs RIDH.TO

Often Compared With RBNK.TO

What investors most often compare with RBNK.TO, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
BANK.TO	Evolve Canadian Banks and Lifecos Enhanced Yield I...	Derivative Income	96	-2.91%	Feb 1, 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	97	13.91%	Apr 12, 2011	RBNK.TO vs XEI.TO
VDY.TO	Vanguard FTSE Canadian High Dividend Yield Index E...	Dividend	97	9.07%	Nov 2, 2012	RBNK.TO vs VDY.TO
XGD.TO	iShares S&P/TSX Global Gold Index ETF	Precious Metals	93	10.99%	Mar 23, 2001	RBNK.TO vs XGD.TO
CGI.TO	Canadian General Investments, Limited		82	-0.08%	—	RBNK.TO vs CGI.TO
ZSP.TO	BMO S&P 500 Index ETF	S&P 500	47	-3.17%	Nov 14, 2012	RBNK.TO vs ZSP.TO
BNS	The Bank of Nova Scotia		96	-4.93%	—	RBNK.TO vs BNS
HXH.TO	Global X Canadian High Dividend Index Corporate Cl...	Canada Equities	97	11.87%	Apr 8, 2016	RBNK.TO vs HXH.TO
HCAL.TO	Hamilton Enhanced Canadian Bank ETF	Leveraged Equities	98	1.59%	Oct 14, 2020	RBNK.TO vs HCAL.TO
XRE.TO	iShares S&P/TSX Capped REIT Index ETF	REIT	34	1.13%	Oct 17, 2002	RBNK.TO vs XRE.TO
HBA.TO	Hamilton Australian Bank Equal-Weight Index ETF	Financials Equities	54	0.36%	Jun 26, 2020	RBNK.TO vs HBA.TO
FIE.TO	iShares Canadian Financial Monthly Income ETF	Canada Equities	88	-1.91%	Apr 16, 2010	RBNK.TO vs FIE.TO
GSIB	Themes Global Systemically Important Banks ETF	Financials Equities	86	-3.15%	Dec 14, 2023	RBNK.TO vs GSIB
HMAX.TO	Hamilton Canadian Financials YIELD MAXIMIZER ETF	Derivative Income	93	-3.41%	Jan 20, 2023	RBNK.TO vs HMAX.TO
TBNK.TO	TD Canadian Bank Dividend Index ETF	Dividend	98	2.37%	Apr 20, 2023	RBNK.TO vs TBNK.TO
VOO	Vanguard S&P 500 ETF	S&P 500	65	-4.42%	Sep 7, 2010	RBNK.TO vs VOO
FMAX.TO	Hamilton U.S. Financials Yield Maximizer ETF	Financials Equities	7	-9.81%	Feb 6, 2024	RBNK.TO vs FMAX.TO
ZWK.TO	BMO Covered Call US Banks ETF	Financials Equities	40	-2.90%	Feb 12, 2019	RBNK.TO vs ZWK.TO
VUN.TO	Vanguard US Total Market Index ETF	Large Cap Growth Equities	47	-2.82%	Aug 2, 2013	RBNK.TO vs VUN.TO

Compare RBNK.TO with Any Fund or Stock

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

Symbol name

RBC Canadian Bank Yield Index ETF

Symbol name