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 36 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%	249.48M	Jul 2023	RCDC.TO vs USCL.TO
ECHI.TO	Ninepoint Enhanced Canadian HighShares ETF	0.29%	—	Aug 2025	RCDC.TO vs ECHI.TO
EQLI.TO	Invesco S&P 500 Equal Weight Income Advantage ETF	0.29%	155.19M	Nov 2025	RCDC.TO vs EQLI.TO
JEPQ.TO	JPMorgan Nasdaq Equity Premium Income Active ETF	0.35%	136.22M	Sep 2024	RCDC.TO vs JEPQ.TO
HBIL.TO	Hamilton U.S. T-Bill YIELD MAXIMIZER ETF (CAD Hedg...	0.35%	235.30M	Sep 2024	RCDC.TO vs HBIL.TO

Best Risk-Adjusted Alternatives to RCDC.TO

RCDC.TO has a PortfoliosLab risk / return rank of 93. There are 7 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	96	—	Feb 2022	RCDC.TO vs CBNK.TO
BANK.TO	Evolve Canadian Banks and Lifecos Enhanced Yield I...	96	1.08B	Feb 2022	RCDC.TO vs BANK.TO
BKCL.TO	Global X Enhanced Equal Weight Canadian Banks Cove...	95	187.53M	Jul 2023	RCDC.TO vs BKCL.TO
BKCC.TO	Global X Equal Weight Canadian Bank Covered Call E...	94	370.01M	May 2011	RCDC.TO vs BKCC.TO

Top Performing RCDC.TO Alternatives (YTD)

RCDC.TO is at 12.49% YTD. There are 37 ETFs in the Derivative Income category with higher YTD returns, going as high as 59.96%.

Symbol	Name	YTD Return	AUM	Inception
YAVG.NEO	Broadcom (AVGO) Yield Shares Purpose ETF	59.96%	—	Feb 2025	RCDC.TO vs YAVG.NEO
AVGY.TO	Harvest Broadcom Enhanced High Income Shares ETF -...	42.92%	—	Mar 2025	RCDC.TO vs AVGY.TO
CNQE.TO	Harvest CNQ Enhanced High Income Shares ETF	39.35%	—	Aug 2025	RCDC.TO vs CNQE.TO
ENCL.TO	Global X Enhanced Canadian Oil and Gas Equity Cove...	36.58%	286.32M	Oct 2023	RCDC.TO vs ENCL.TO
NXF.TO	CI Energy Giants Covered Call ETF Common Units (CA...	32.43%	116.31M	Feb 2015	RCDC.TO vs NXF.TO

Lowest Volatility Alternatives to RCDC.TO

RCDC.TO has 8.25% 1-year volatility. There are 7 ETFs in the Derivative Income category with lower 1-year volatility, going as low as 1.66%.

Symbol	Name	Volatility 1Y	AUM	Inception
HBIL.TO	Hamilton U.S. T-Bill YIELD MAXIMIZER ETF (CAD Hedg...	1.66%	235.30M	Sep 2024	RCDC.TO vs HBIL.TO
HPYM.TO	Harvest Premium Yield 7-10 Year Treasury ETF - Cla...	4.53%	226.83M	Jan 2024	RCDC.TO vs HPYM.TO
UMAX.TO	Hamilton Utilities YIELD MAXIMIZER ETF	6.65%	1.34B	Jun 2023	RCDC.TO vs UMAX.TO
HLIF.TO	Harvest Canadian Equity Income Leaders ETF Class A	6.85%	—	Jun 2022	RCDC.TO vs HLIF.TO
ZWU.TO	BMO Covered Call Utilities ETF	7.59%	2.17B	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 8 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%	235.30M	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...	-3.85%	226.83M	Jan 2024	RCDC.TO vs HPYM.TO
HUTE.TO	Harvest Equal Weight Global Utilities Enhanced Inc...	-4.57%	97.17M	Oct 2022	RCDC.TO vs HUTE.TO
ZWU.TO	BMO Covered Call Utilities ETF	-4.86%	2.17B	Oct 2011	RCDC.TO vs ZWU.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 $943M.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
RBNK.TO	RBC Canadian Bank Yield Index ETF	Financials Equities	96	19.94%	454.41M	Oct 2017	RCDC.TO vs RBNK.TO
RUD.TO	RBC Quant U.S. Dividend Leaders ETF (CAD)	Large Cap Blend Equities, Dividend	58	8.99%	942.74M	Jan 2014	RCDC.TO vs RUD.TO
RPF.TO	RBC Canadian Preferred Share ETF	Preferred Stock/Convertible Bonds	97	6.52%	664.82M	Sep 2016	RCDC.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	RCDC.TO vs RIDH.TO
RCDB.NEO	RBC Canadian Discount Bond ETF	Short-Term Bond	38	1.15%	—	Jun 2019	RCDC.TO vs RCDB.NEO

Often Compared With RCDC.TO

Investors most often compare RCDC.TO with RCD.TO, XAR, 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	50	12.09%	395.41M	—	RCDC.TO vs RCD.TO
XAR	SPDR S&P Aerospace & Defense ETF	Industrials Equities, Aerospace & Defense	43	13.40%	6.50B	Sep 2011	RCDC.TO vs XAR
DXQ.TO	Dynamic Active Enhanced Yield Covered Options ETF	Derivative Income	65	6.80%	—	Sep 2022	RCDC.TO vs DXQ.TO
CNYE.TO	Harvest Coinbase Enhanced High Income Shares ETF	Derivative Income	4	-30.37%	—	Mar 2025	RCDC.TO vs CNYE.TO
FLI.TO	CI U.S. & Canada Lifeco Covered Call ETF (Hedged C...	Derivative Income	31	3.96%	85.28M	Aug 2013	RCDC.TO vs FLI.TO
ENCC.TO	Global X Canadian Oil and Gas Equity Covered Call ...	Derivative Income, Energy Equities	85	29.01%	759.08M	Apr 2011	RCDC.TO vs ENCC.TO
CRCY.TO	Harvest Circle Enhanced High Income Shares ETF Cla...	Derivative Income	—	3.77%	—	Sep 2025	RCDC.TO vs CRCY.TO
UTES.TO	Evolve Canadian Utilities Enhanced Yield Index Fun...	Derivative Income	75	12.58%	405.53M	Sep 2024	RCDC.TO vs UTES.TO
HPYT.TO	Harvest Premium Yield Treasury ETF A	Derivative Income	18	-0.30%	385.04M	May 2024	RCDC.TO vs HPYT.TO
YCST.NEO	Costco (COST) Yield Shares Purpose ETF	Derivative Income	5	12.72%	—	Feb 2025	RCDC.TO vs YCST.NEO
TSLY.TO	Harvest Tesla Enhanced High Income Shares ETF	Derivative Income	23	-4.02%	278.60M	Jan 2025	RCDC.TO vs TSLY.TO
EACC.NEO	Global X MSCI EAFE Covered Call ETF	Derivative Income, Foreign Large Cap Equities	38	7.82%	—	May 2024	RCDC.TO vs EACC.NEO
JEPI.TO	JPMorgan US Equity Premium Income Active ETF	Derivative Income	28	1.48%	—	Sep 2024	RCDC.TO vs JEPI.TO
LLHE.TO	Harvest Eli Lilly Enhanced High Income Shares ETF ...	Derivative Income	36	3.96%	220.34M	Aug 2024	RCDC.TO vs LLHE.TO
ZWC.TO	BMO CA High Dividend Covered Call ETF	Derivative Income	92	11.12%	2.30B	Feb 2017	RCDC.TO vs ZWC.TO
EMCL.NEO	Global X Enhanced MSCI Emerging Markets Covered Ca...	Derivative Income	86	27.22%	7.06M	May 2024	RCDC.TO vs EMCL.NEO
HDIV.TO	Hamilton Enhanced Multi-Sector Covered Call ETF	Derivative Income	92	16.21%	1.63B	Jul 2021	RCDC.TO vs HDIV.TO
EMAX.TO	Hamilton Energy YIELD MAXIMIZER ETF	Energy Equities, Derivative Income	70	30.76%	476.70M	Feb 2024	RCDC.TO vs EMAX.TO
MSTY.TO	Harvest MicroStrategy High Income Shares ETF	Derivative Income	1	-14.48%	—	Jan 2025	RCDC.TO vs MSTY.TO
GOGY.TO	Harvest Alphabet Enhanced High Income Shares ETF C...	Derivative Income	93	14.33%	—	Mar 2025	RCDC.TO vs GOGY.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