RCDC.TO Alternatives & Similar ETFs

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

Cheapest Alternatives to RCDC.TO

RCDC.TO charges 0.64% annually. There are 35 ETFs in the Derivative Income category with lower expense ratios, going as low as 0.04%.

Symbol	Name	Expense Ratio	AUM	Inception
USCL.TO	Global X Enhanced S&P 500 Covered Call ETF	0.04%	250.98M	Jul 2023	RCDC.TO vs USCL.TO
EQLI.TO	Invesco S&P 500 Equal Weight Income Advantage ETF	0.29%	155.19M	Nov 2025	RCDC.TO vs EQLI.TO
ECHI.TO	Ninepoint Enhanced Canadian HighShares ETF	0.29%	—	Aug 2025	RCDC.TO vs ECHI.TO
JEPQ.TO	JPMorgan Nasdaq Equity Premium Income Active ETF	0.35%	136.22M	Sep 2024	RCDC.TO vs JEPQ.TO
JEPI.TO	JPMorgan US Equity Premium Income Active ETF	0.35%	—	Sep 2024	RCDC.TO vs JEPI.TO

Best Risk-Adjusted Alternatives to RCDC.TO

RCDC.TO has a PortfoliosLab risk / return rank of 95. There are 6 ETFs in the Derivative Income category with higher risk-adjusted ranks, going as high as 98.

Symbol	Name	Risk / Return Rank	AUM	Inception
HLIF.TO	Harvest Canadian Equity Income Leaders ETF Class A	98	—	Jun 2022	RCDC.TO vs HLIF.TO
CBNK.TO	Mulvihill Canadian Bank Enhanced Yield ETF	98	—	Feb 2022	RCDC.TO vs CBNK.TO
BANK.TO	Evolve Canadian Banks and Lifecos Enhanced Yield I...	97	1.16B	Feb 2022	RCDC.TO vs BANK.TO
ZWB.TO	BMO Covered Call Canadian Banks ETF	97	4.65B	Jan 2011	RCDC.TO vs ZWB.TO
BKCL.TO	Global X Enhanced Equal Weight Canadian Banks Cove...	97	197.22M	Jul 2023	RCDC.TO vs BKCL.TO

Top Performing RCDC.TO Alternatives (YTD)

RCDC.TO is at 14.92% YTD. There are 26 ETFs in the Derivative Income category with higher YTD returns, going as high as 41.95%.

Symbol	Name	YTD Return	AUM	Inception
CBNK.TO	Mulvihill Canadian Bank Enhanced Yield ETF	41.95%	—	Feb 2022	RCDC.TO vs CBNK.TO
ENCL.TO	Global X Enhanced Canadian Oil and Gas Equity Cove...	30.80%	267.19M	Oct 2023	RCDC.TO vs ENCL.TO
YAVG.NEO	Broadcom (AVGO) Yield Shares Purpose ETF	28.52%	—	Feb 2025	RCDC.TO vs YAVG.NEO
BANK.TO	Evolve Canadian Banks and Lifecos Enhanced Yield I...	27.46%	1.16B	Feb 2022	RCDC.TO vs BANK.TO
BKCL.TO	Global X Enhanced Equal Weight Canadian Banks Cove...	26.81%	197.22M	Jul 2023	RCDC.TO vs BKCL.TO

Lowest Volatility Alternatives to RCDC.TO

RCDC.TO has 8.33% 1-year volatility. There are 7 ETFs in the Derivative Income category with lower 1-year volatility, going as low as 1.62%.

Symbol	Name	Volatility 1Y	AUM	Inception
HBIL.TO	Hamilton U.S. T-Bill YIELD MAXIMIZER ETF (CAD Hedg...	1.62%	227.30M	Sep 2024	RCDC.TO vs HBIL.TO
HPYM.TO	Harvest Premium Yield 7-10 Year Treasury ETF - Cla...	4.66%	230.93M	Jan 2024	RCDC.TO vs HPYM.TO
UMAX.TO	Hamilton Utilities YIELD MAXIMIZER ETF	6.88%	1.36B	Jun 2023	RCDC.TO vs UMAX.TO
HLIF.TO	Harvest Canadian Equity Income Leaders ETF Class A	6.98%	—	Jun 2022	RCDC.TO vs HLIF.TO
ZWU.TO	BMO Covered Call Utilities ETF	7.68%	2.20B	Oct 2011	RCDC.TO vs ZWU.TO

Lowest Drawdown Alternatives to RCDC.TO

RCDC.TO has a 1-year max drawdown of -5.43%. There are 7 ETFs in the Derivative Income 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%	227.30M	Sep 2024	RCDC.TO vs HBIL.TO
HLIF.TO	Harvest Canadian Equity Income Leaders ETF Class A	-3.09%	—	Jun 2022	RCDC.TO vs HLIF.TO
HPYM.TO	Harvest Premium Yield 7-10 Year Treasury ETF - Cla...	-3.87%	230.93M	Jan 2024	RCDC.TO vs HPYM.TO
ZWU.TO	BMO Covered Call Utilities ETF	-4.86%	2.20B	Oct 2011	RCDC.TO vs ZWU.TO
UMAX.TO	Hamilton Utilities YIELD MAXIMIZER ETF	-5.11%	1.36B	Jun 2023	RCDC.TO vs UMAX.TO

Other ETFs from RBC

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

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
RBNK.TO	RBC Canadian Bank Yield Index ETF	Financials Equities	97	31.29%	485.97M	Oct 2017	RCDC.TO vs RBNK.TO
RUD.TO	RBC Quant U.S. Dividend Leaders ETF (CAD)	Large Cap Blend Equities, Dividend	66	10.65%	961.23M	Jan 2014	RCDC.TO vs RUD.TO
RPF.TO	RBC Canadian Preferred Share ETF	Preferred Stock/Convertible Bonds	97	6.59%	637.98M	Sep 2016	RCDC.TO vs RPF.TO
RIDH.TO	RBC Quant EAFE Dividend Leaders (CAD Hedged) ETF	Foreign Large Cap Equities	90	13.13%	149.91M	Oct 2014	RCDC.TO vs RIDH.TO
RCDB.NEO	RBC Canadian Discount Bond ETF	Short-Term Bond	41	1.17%	—	Jun 2019	RCDC.TO vs RCDB.NEO

Often Compared With RCDC.TO

Investors most often compare RCDC.TO with RCD.TO, CNQE.TO, DXQ.TO. These 20 comparison targets span 6 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	51	12.19%	409.33M	—	RCDC.TO vs RCD.TO
CNQE.TO	Harvest CNQ Enhanced High Income Shares ETF	Derivative Income	—	22.02%	—	Aug 2025	RCDC.TO vs CNQE.TO
DXQ.TO	Dynamic Active Enhanced Yield Covered Options ETF	Derivative Income	68	7.89%	—	Sep 2022	RCDC.TO vs DXQ.TO
XAR	SPDR S&P Aerospace & Defense ETF	Aerospace & Defense, Industrials Equities	40	14.20%	7.23B	Sep 2011	RCDC.TO vs XAR
BKCC.TO	Global X Equal Weight Canadian Bank Covered Call E...	Derivative Income	96	21.49%	395.62M	May 2011	RCDC.TO vs BKCC.TO
CNYE.TO	Harvest Coinbase Enhanced High Income Shares ETF	Derivative Income	3	-31.15%	—	Mar 2025	RCDC.TO vs CNYE.TO
FLI.TO	CI U.S. & Canada Lifeco Covered Call ETF (Hedged C...	Derivative Income	56	12.46%	87.79M	Aug 2013	RCDC.TO vs FLI.TO
CRCY.TO	Harvest Circle Enhanced High Income Shares ETF Cla...	Derivative Income	—	-14.04%	—	Sep 2025	RCDC.TO vs CRCY.TO
ENCC.TO	Global X Canadian Oil and Gas Equity Covered Call ...	Derivative Income, Energy Equities	77	24.43%	708.27M	Apr 2011	RCDC.TO vs ENCC.TO
UTES.TO	Evolve Canadian Utilities Enhanced Yield Index Fun...	Derivative Income	86	14.78%	412.15M	Sep 2024	RCDC.TO vs UTES.TO
EACC.NEO	Global X MSCI EAFE Covered Call ETF	Derivative Income, Foreign Large Cap Equities	47	10.37%	—	May 2024	RCDC.TO vs EACC.NEO
LLHE.TO	Harvest Eli Lilly Enhanced High Income Shares ETF ...	Derivative Income	40	9.58%	234.41M	Aug 2024	RCDC.TO vs LLHE.TO
YCST.NEO	Costco (COST) Yield Shares Purpose ETF	Derivative Income	7	12.50%	—	Feb 2025	RCDC.TO vs YCST.NEO
TSLY.TO	Harvest Tesla Enhanced High Income Shares ETF	Derivative Income	17	-11.87%	265.04M	Jan 2025	RCDC.TO vs TSLY.TO
HPYT.TO	Harvest Premium Yield Treasury ETF A	Derivative Income	15	0.58%	377.33M	May 2024	RCDC.TO vs HPYT.TO
EMCL.NEO	Global X Enhanced MSCI Emerging Markets Covered Ca...	Derivative Income	79	26.59%	7.51M	May 2024	RCDC.TO vs EMCL.NEO
AVGY.TO	Harvest Broadcom Enhanced High Income Shares ETF -...	Derivative Income	44	16.37%	—	Mar 2025	RCDC.TO vs AVGY.TO
HDIV.TO	Hamilton Enhanced Canadian Covered Call ETF	Derivative Income	93	18.72%	1.70B	Jul 2021	RCDC.TO vs HDIV.TO
ZWC.TO	BMO CA High Dividend Covered Call ETF	Derivative Income	93	12.66%	2.35B	Feb 2017	RCDC.TO vs ZWC.TO
MSTY.TO	Harvest MicroStrategy High Income Shares ETF	Derivative Income	1	-26.78%	—	Jan 2025	RCDC.TO vs MSTY.TO

Compare RCDC.TO with Any Fund or Stock

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

Symbol name

Diversifiers

Pair RCDC.TO with funds that move differently

RBC Canadian Dividend Covered Call ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to RCDC.TO.

Explore RCDC.TO Diversifiers

RBC Canadian Dividend Covered Call ETF (RCDC.TO) Alternatives