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

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 funds that fit a different role in your portfolio.

Cheapest Alternatives to RCDC.TO

RCDC.TO charges 0.64% annually. Among ETFs in the Derivative Income category, these options have the lowest expense ratios among RCDC.TO alternatives.

Symbol	Name	Expense Ratio	Inception
USCL.TO	Global X Enhanced S&P 500 Covered Call ETF	0.04%	Jul 5, 2023	RCDC.TO vs USCL.TO
EQLI.TO	Invesco S&P 500 Equal Weight Income Advantage ETF	0.29%	Nov 6, 2025	RCDC.TO vs EQLI.TO
ECHI.TO	Ninepoint Enhanced Canadian HighShares ETF	0.29%	Aug 22, 2025	RCDC.TO vs ECHI.TO
HBIL.TO	Hamilton U.S. T-Bill YIELD MAXIMIZER ETF (CAD Hedg...	0.35%	Sep 12, 2024	RCDC.TO vs HBIL.TO
JEPI.TO	JPMorgan US Equity Premium Income Active ETF	0.35%	Sep 27, 2024	RCDC.TO vs JEPI.TO

Best Risk-Adjusted Alternatives to RCDC.TO

Among ETFs in the Derivative Income 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
HLIF.TO	Harvest Canadian Equity Income Leaders ETF Class A	97	Jun 8, 2022	RCDC.TO vs HLIF.TO
BKCC.TO	Global X Equal Weight Canadian Bank Covered Call E...	97	May 16, 2011	RCDC.TO vs BKCC.TO
BKCL.TO	Global X Enhanced Equal Weight Canadian Banks Cove...	96	Jul 5, 2023	RCDC.TO vs BKCL.TO
ZWC.TO	BMO CA High Dividend Covered Call ETF	96	Feb 3, 2017	RCDC.TO vs ZWC.TO
BANK.TO	Evolve Canadian Banks and Lifecos Enhanced Yield I...	96	Feb 1, 2022	RCDC.TO vs BANK.TO

Top Performing RCDC.TO Alternatives (YTD)

RCDC.TO alternatives from the Derivative Income category, sorted by year-to-date return.

Symbol	Name	YTD Return	Inception
EMAX.TO	Hamilton Energy YIELD MAXIMIZER ETF	31.32%	Feb 6, 2024	RCDC.TO vs EMAX.TO
ENCL.TO	Global X Enhanced Canadian Oil and Gas Equity Cove...	30.98%	Oct 10, 2023	RCDC.TO vs ENCL.TO
ENCC.TO	Global X Canadian Oil and Gas Equity Covered Call ...	21.92%	Apr 11, 2011	RCDC.TO vs ENCC.TO
HUTE.TO	Harvest Equal Weight Global Utilities Enhanced Inc...	12.55%	Oct 25, 2022	RCDC.TO vs HUTE.TO
ZWU.TO	BMO Covered Call Utilities ETF	11.68%	Oct 20, 2011	RCDC.TO vs ZWU.TO

Lowest Volatility Alternatives to RCDC.TO

RCDC.TO alternatives from the Derivative Income category, sorted by annualized volatility over the past year.

Symbol	Name	Volatility 1Y	Inception
HBIL.TO	Hamilton U.S. T-Bill YIELD MAXIMIZER ETF (CAD Hedg...	1.86%	Sep 12, 2024	RCDC.TO vs HBIL.TO
UMAX.TO	Hamilton Utilities YIELD MAXIMIZER ETF	7.81%	Jun 14, 2023	RCDC.TO vs UMAX.TO
ZWU.TO	BMO Covered Call Utilities ETF	9.12%	Oct 20, 2011	RCDC.TO vs ZWU.TO
HLIF.TO	Harvest Canadian Equity Income Leaders ETF Class A	9.54%	Jun 8, 2022	RCDC.TO vs HLIF.TO
HPYT.TO	Harvest Premium Yield Treasury ETF A	9.62%	May 30, 2024	RCDC.TO vs HPYT.TO

Lowest Drawdown Alternatives to RCDC.TO

RCDC.TO alternatives from the Derivative Income category, sorted by maximum drawdown over the past year.

Symbol	Name	Max Drawdown 1Y	Inception
HBIL.TO	Hamilton U.S. T-Bill YIELD MAXIMIZER ETF (CAD Hedg...	-1.30%	Sep 12, 2024	RCDC.TO vs HBIL.TO
UMAX.TO	Hamilton Utilities YIELD MAXIMIZER ETF	-6.23%	Jun 14, 2023	RCDC.TO vs UMAX.TO
ZWU.TO	BMO Covered Call Utilities ETF	-6.71%	Oct 20, 2011	RCDC.TO vs ZWU.TO
BKCC.TO	Global X Equal Weight Canadian Bank Covered Call E...	-7.71%	May 16, 2011	RCDC.TO vs BKCC.TO
HPYT.TO	Harvest Premium Yield Treasury ETF A	-7.76%	May 30, 2024	RCDC.TO vs HPYT.TO

Other ETFs from RBC

Most popular RBC ETFs on PortfoliosLab, across asset classes.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
RBNK.TO	RBC Canadian Bank Yield Index ETF	Financials Equities	98	1.94%	Oct 19, 2017	RCDC.TO vs RBNK.TO
RUD.TO	RBC Quant U.S. Dividend Leaders ETF (CAD)	Large Cap Blend Equities, Dividend	38	-0.58%	Jan 9, 2014	RCDC.TO vs RUD.TO
RPF.TO	RBC Canadian Preferred Share ETF	Preferred Stock/Convertible Bonds	91	1.93%	Sep 14, 2016	RCDC.TO vs RPF.TO
RIDH.TO	RBC Quant EAFE Dividend Leaders (CAD Hedged) ETF	Foreign Large Cap Equities	89	7.03%	Oct 22, 2014	RCDC.TO vs RIDH.TO

Often Compared With RCDC.TO

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

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
XAR	SPDR S&P Aerospace & Defense ETF	Industrials Equities, Aerospace & Defense	92	5.33%	Sep 28, 2011	RCDC.TO vs XAR
RCD.TO	RBC Quant Canadian Dividend Leaders ETF	Dividend	81	5.56%	—	RCDC.TO vs RCD.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

RBC Canadian Dividend Covered Call ETF

Symbol name