RCDB.NEO Alternatives & Similar ETFs

RBC Canadian Discount Bond ETF (RCDB.NEO) belongs to the Short-Term Bond category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with RCDB.NEO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to RCDB.NEO

RCDB.NEO charges 0.17% annually. There are 4 ETFs in the Short-Term Bond category with lower expense ratios, going as low as 0.09%.

Symbol	Name	Expense Ratio	AUM	Inception
ZSDB.TO	BMO Short-Term Discount Bond ETF	0.09%	—	Jan 2022	RCDB.NEO vs ZSDB.TO
XSB.TO	iShares Core Canadian Short Term Bond Index ETF	0.10%	4.31B	Nov 2000	RCDB.NEO vs XSB.TO
VSC.TO	Vanguard Canadian Short-Term Corporate Bond Index ...	0.11%	1.53B	Nov 2012	RCDB.NEO vs VSC.TO
TSTX-U.TO	Global X 1-3 Year U.S. Treasury Bond Index ETF	0.15%	—	Oct 2025	RCDB.NEO vs TSTX-U.TO
TCSB.TO	TD Select Short Term Corporate Bond Ladder ETF	0.28%	861.86M	Nov 2018	RCDB.NEO vs TCSB.TO

Best Risk-Adjusted Alternatives to RCDB.NEO

RCDB.NEO has a PortfoliosLab risk / return rank of 56. There are 6 ETFs in the Short-Term Bond category with higher risk-adjusted ranks, going as high as 76.

Symbol	Name	Risk / Return Rank	AUM	Inception
VSC.TO	Vanguard Canadian Short-Term Corporate Bond Index ...	76	1.53B	Nov 2012	RCDB.NEO vs VSC.TO
TCSB.TO	TD Select Short Term Corporate Bond Ladder ETF	74	861.86M	Nov 2018	RCDB.NEO vs TCSB.TO
XSB.TO	iShares Core Canadian Short Term Bond Index ETF	64	4.31B	Nov 2000	RCDB.NEO vs XSB.TO
DCS.TO	Desjardins Canadian Short Term Bond Index ETF	63	—	Apr 2017	RCDB.NEO vs DCS.TO
QSB.TO	Mackenzie Canadian Short-Term Bond Index ETF	61	—	Jan 2018	RCDB.NEO vs QSB.TO

Top Performing RCDB.NEO Alternatives (YTD)

RCDB.NEO is at 1.36% YTD. There are 5 ETFs in the Short-Term Bond category with higher YTD returns, going as high as 3.41%.

Symbol	Name	YTD Return	AUM	Inception
TUSB.TO	TD Select U.S. Short Term Corporate Bond Ladder ET...	3.41%	—	Nov 2018	RCDB.NEO vs TUSB.TO
RUSB.TO	RBC Short Term U.S. Corporate Bond ETF	3.34%	—	Oct 2017	RCDB.NEO vs RUSB.TO
TCSB.TO	TD Select Short Term Corporate Bond Ladder ETF	1.49%	861.86M	Nov 2018	RCDB.NEO vs TCSB.TO
MCSB.TO	Mackenzie Canadian Short Term Fixed Income ETF	1.47%	—	Nov 2017	RCDB.NEO vs MCSB.TO
VSC.TO	Vanguard Canadian Short-Term Corporate Bond Index ...	1.43%	1.53B	Nov 2012	RCDB.NEO vs VSC.TO

Lowest Volatility Alternatives to RCDB.NEO

RCDB.NEO has 2.31% 1-year volatility. There are 9 ETFs in the Short-Term Bond category with lower 1-year volatility, going as low as 1.69%.

Symbol	Name	Volatility 1Y	AUM	Inception
TSTX-U.TO	Global X 1-3 Year U.S. Treasury Bond Index ETF	1.69%	—	Oct 2025	RCDB.NEO vs TSTX-U.TO
HBIL.TO	Hamilton U.S. T-Bill YIELD MAXIMIZER ETF (CAD Hedg...	1.76%	224.00M	Sep 2024	RCDB.NEO vs HBIL.TO
DCS.TO	Desjardins Canadian Short Term Bond Index ETF	1.90%	—	Apr 2017	RCDB.NEO vs DCS.TO
XSB.TO	iShares Core Canadian Short Term Bond Index ETF	2.03%	4.31B	Nov 2000	RCDB.NEO vs XSB.TO
VSC.TO	Vanguard Canadian Short-Term Corporate Bond Index ...	2.04%	1.53B	Nov 2012	RCDB.NEO vs VSC.TO

Lowest Drawdown Alternatives to RCDB.NEO

RCDB.NEO has a 1-year max drawdown of -1.59%. There are 8 ETFs in the Short-Term Bond category with shallower 1-year drawdowns, going as shallow as -0.95%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
HBIL.TO	Hamilton U.S. T-Bill YIELD MAXIMIZER ETF (CAD Hedg...	-0.95%	224.00M	Sep 2024	RCDB.NEO vs HBIL.TO
QSB.TO	Mackenzie Canadian Short-Term Bond Index ETF	-1.26%	—	Jan 2018	RCDB.NEO vs QSB.TO
DCS.TO	Desjardins Canadian Short Term Bond Index ETF	-1.26%	—	Apr 2017	RCDB.NEO vs DCS.TO
CAGS.TO	CI Canadian Short-Term Aggregate Bond Index ETF	-1.33%	49.91M	Jun 2017	RCDB.NEO vs CAGS.TO
XSB.TO	iShares Core Canadian Short Term Bond Index ETF	-1.47%	4.31B	Nov 2000	RCDB.NEO vs XSB.TO

Other ETFs from RBC

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

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
RBNK.TO	RBC Canadian Bank Yield Index ETF	Financials Equities	98	37.31%	508.88M	Oct 2017	RCDB.NEO vs RBNK.TO
RUD.TO	RBC Quant U.S. Dividend Leaders ETF (CAD)	Large Cap Blend Equities, Dividend	71	12.65%	979.22M	Jan 2014	RCDB.NEO vs RUD.TO
RPF.TO	RBC Canadian Preferred Share ETF	Preferred Stock/Convertible Bonds	97	8.22%	645.53M	Sep 2016	RCDB.NEO vs RPF.TO
RIDH.TO	RBC Quant EAFE Dividend Leaders (CAD Hedged) ETF	Foreign Large Cap Equities	93	15.46%	156.05M	Oct 2014	RCDB.NEO vs RIDH.TO
RCDC.TO	RBC Canadian Dividend Covered Call ETF	Derivative Income	96	18.28%	—	Jan 2023	RCDB.NEO vs RCDC.TO
RQP.TO	RBC Target 2027 Canadian Corporate Bond Index ETF	Corporate Bonds	95	1.35%	—	Sep 2020	RCDB.NEO vs RQP.TO
RBO.TO	RBC 1-5 Year Laddered Canadian Corporate Bond ETF	Corporate Bonds	53	1.41%	—	Jan 2014	RCDB.NEO vs RBO.TO
RID.TO	RBC Quant EAFE Dividend Leaders ETF CAD	International Equity, Dividend	83	16.07%	—	Jan 2014	RCDB.NEO vs RID.TO
RLB.TO	RBC 1-5 Year Laddered Canadian Bond ETF	Total Bond Market	53	1.23%	—	Jan 2016	RCDB.NEO vs RLB.TO
RPD.TO	RBC Quant European Dividend Leaders ETF	Europe Equities, Dividend	87	16.20%	—	Oct 2014	RCDB.NEO vs RPD.TO

Often Compared With RCDB.NEO

Investors most often compare RCDB.NEO with RCD.TO, ZSU.TO, RPDH.TO. These 3 comparison targets span 3 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
RCD.TO	RBC Quant Canadian Dividend Leaders ETF	Dividend	55	13.13%	405.38M	—	RCDB.NEO vs RCD.TO
ZSU.TO	BMO Short-Term US IG Corporate Bond Hedged to CAD ...	Short-Term Bond	27	-0.12%	313.66M	Feb 2014	RCDB.NEO vs ZSU.TO
RPDH.TO	RBC Quant European Dividend Leaders CAD Hedged ETF	Europe Equities, Dividend	92	15.79%	—	Oct 2014	RCDB.NEO vs RPDH.TO

Compare RCDB.NEO with Any Fund or Stock

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

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Diversifiers

Pair RCDB.NEO with funds that move differently

RBC Canadian Discount Bond ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to RCDB.NEO.

Explore RCDB.NEO Diversifiers

RBC Canadian Discount Bond ETF (RCDB.NEO) Alternatives