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 44 ETFs in the Derivative Income category with lower expense ratios, going as low as 0.21%.

Symbol	Name	Expense Ratio	AUM	Inception
QQCI.TO	Invesco NASDAQ 100 Income Advantage ETF	0.21%	63.79M	Aug 2024	RCDC.TO vs QQCI.TO
EQLI.TO	Invesco S&P 500 Equal Weight Income Advantage ETF	0.29%	169.56M	Nov 2025	RCDC.TO vs EQLI.TO
ECHI.TO	Ninepoint Enhanced Canadian HighShares ETF	0.29%	—	Aug 2025	RCDC.TO vs ECHI.TO
JEPI.TO	JPMorgan US Equity Premium Income Active ETF	0.35%	—	Sep 2024	RCDC.TO vs JEPI.TO
HBIL.TO	Hamilton U.S. T-Bill YIELD MAXIMIZER ETF (CAD Hedg...	0.35%	214.20M	Sep 2024	RCDC.TO vs HBIL.TO

Best Risk-Adjusted Alternatives to RCDC.TO

RCDC.TO has a PortfoliosLab risk / return rank of 97. 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	195.83M	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...	98	1.33B	Feb 2022	RCDC.TO vs BANK.TO
ZWB.TO	BMO Covered Call Canadian Banks ETF	97	4.77B	Jan 2011	RCDC.TO vs ZWB.TO
BKCC.TO	Global X Equal Weight Canadian Bank Covered Call E...	97	405.23M	May 2011	RCDC.TO vs BKCC.TO

Top Performing RCDC.TO Alternatives (YTD)

RCDC.TO is at 18.15% YTD. There are 22 ETFs in the Derivative Income category with higher YTD returns, going as high as 44.23%.

Symbol	Name	YTD Return	AUM	Inception
CBNK.TO	Mulvihill Canadian Bank Enhanced Yield ETF	44.23%	—	Feb 2022	RCDC.TO vs CBNK.TO
CNQE.TO	Harvest CNQ Enhanced High Income Shares ETF	41.00%	—	Aug 2025	RCDC.TO vs CNQE.TO
ENCL.TO	Global X Enhanced Canadian Oil and Gas Equity Cove...	39.90%	295.63M	Oct 2023	RCDC.TO vs ENCL.TO
HPF.TO	Harvest Energy Leaders Income ETF – Class A Units	37.52%	69.39M	Oct 2014	RCDC.TO vs HPF.TO
NXF.TO	CI Energy Giants Covered Call ETF Common Units (CA...	34.00%	140.96M	Feb 2015	RCDC.TO vs NXF.TO

Lowest Volatility Alternatives to RCDC.TO

RCDC.TO has 8.62% 1-year volatility. There are 15 ETFs in the Derivative Income category with lower 1-year volatility, going as low as 1.80%.

Symbol	Name	Volatility 1Y	AUM	Inception
HBIL.TO	Hamilton U.S. T-Bill YIELD MAXIMIZER ETF (CAD Hedg...	1.80%	214.20M	Sep 2024	RCDC.TO vs HBIL.TO
HBIL-U.TO	Hamilton U.S. T-Bill YIELD MAXIMIZER ETF USD Unhed...	1.97%	152.80M	Sep 2024	RCDC.TO vs HBIL-U.TO
PYF.TO	Purpose Premium Yield Fund Series ETF	3.28%	682.20M	Nov 2018	RCDC.TO vs PYF.TO
HPYM.TO	Harvest Premium Yield 7-10 Year Treasury ETF - Cla...	4.70%	249.28M	Jan 2024	RCDC.TO vs HPYM.TO
PINC.TO	Purpose Multi-Asset Income Fund	6.37%	108.20M	Apr 2018	RCDC.TO vs PINC.TO

Lowest Drawdown Alternatives to RCDC.TO

RCDC.TO has a 1-year max drawdown of -5.43%. There are 12 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%	214.20M	Sep 2024	RCDC.TO vs HBIL.TO
HBIL-U.TO	Hamilton U.S. T-Bill YIELD MAXIMIZER ETF USD Unhed...	-1.32%	152.80M	Sep 2024	RCDC.TO vs HBIL-U.TO
PYF.TO	Purpose Premium Yield Fund Series ETF	-2.11%	682.20M	Nov 2018	RCDC.TO vs PYF.TO
HLIF.TO	Harvest Canadian Equity Income Leaders ETF Class A	-3.09%	195.83M	Jun 2022	RCDC.TO vs HLIF.TO
PINC.TO	Purpose Multi-Asset Income Fund	-3.59%	108.20M	Apr 2018	RCDC.TO vs PINC.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 $995M.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
RBNK.TO	RBC Canadian Bank Yield Index ETF	Financials Equities	98	33.54%	518.88M	Oct 2017	RCDC.TO vs RBNK.TO
RUD.TO	RBC Quant U.S. Dividend Leaders ETF (CAD)	Large Cap Blend Equities, Dividend	73	13.48%	994.88M	Jan 2014	RCDC.TO vs RUD.TO
RPF.TO	RBC Canadian Preferred Share ETF	Preferred Stock	97	9.10%	652.58M	Sep 2016	RCDC.TO vs RPF.TO
RCD.TO	RBC Quant Canadian Dividend Leaders ETF	Dividend, Canada Equities	69	14.16%	408.93M	Jan 2014	RCDC.TO vs RCD.TO
RGPM.NEO	RBC Global Precious Metals Fund	Precious Metals	40	-8.72%	—	Mar 2023	RCDC.TO vs RGPM.NEO
RIDH.TO	RBC Quant EAFE Dividend Leaders (CAD Hedged) ETF	Foreign Large Cap Equities	94	16.70%	157.11M	Oct 2014	RCDC.TO vs RIDH.TO
RID.TO	RBC Quant EAFE Dividend Leaders ETF CAD	Foreign Large Cap Equities, Dividend, Actively Managed	88	18.26%	596.49M	Jan 2014	RCDC.TO vs RID.TO
RCDB.NEO	RBC Canadian Discount Bond ETF	Short-Term Bond	47	1.00%	—	Jun 2019	RCDC.TO vs RCDB.NEO
RPD.TO	RBC Quant European Dividend Leaders ETF	Europe Equities, Dividend, Actively Managed	92	18.97%	139.72M	Oct 2014	RCDC.TO vs RPD.TO
RLB.TO	RBC 1-5 Year Laddered Canadian Bond ETF	Short-Term Bond	50	1.07%	207.23M	Jan 2016	RCDC.TO vs RLB.TO

Often Compared With RCDC.TO

Investors most often compare RCDC.TO with BKCL.TO, DXQ.TO, XAR. These 20 comparison targets span 14 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
BKCL.TO	Global X Enhanced Equal Weight Canadian Banks Cove...	Financials Equities, Derivative Income	97	29.34%	201.63M	Jul 2023	RCDC.TO vs BKCL.TO
DXQ.TO	Dynamic Active Enhanced Yield Covered Options ETF	Derivative Income	63	8.14%	—	Sep 2022	RCDC.TO vs DXQ.TO
XAR	SPDR S&P Aerospace & Defense ETF	Aerospace & Defense, Industrials Equities	34	9.86%	5.95B	Sep 2011	RCDC.TO vs XAR
YAVG.NEO	Broadcom (AVGO) Yield Shares Purpose ETF	Derivative Income, Semiconductors, Options Trading, Actively Managed	49	27.59%	—	Feb 2025	RCDC.TO vs YAVG.NEO
ZWU.TO	BMO Covered Call Utilities ETF	Utilities Equities, Derivative Income	67	10.50%	2.20B	Oct 2011	RCDC.TO vs ZWU.TO
FLI.TO	CI U.S. & Canada Lifeco Covered Call ETF (Hedged C...	Derivative Income, Financials Equities, Options Trading, Actively Managed	88	19.05%	91.96M	Aug 2013	RCDC.TO vs FLI.TO
CNYE.TO	Harvest Coinbase Enhanced High Income Shares ETF	Derivative Income	2	-36.06%	—	Mar 2025	RCDC.TO vs CNYE.TO
CRCY.TO	Harvest Circle Enhanced High Income Shares ETF Cla...	Derivative Income, Blockchain, Options Trading, Actively Managed	—	-31.93%	—	Oct 2025	RCDC.TO vs CRCY.TO
LLHE.TO	Harvest Eli Lilly Enhanced High Income Shares ETF ...	Derivative Income	62	12.30%	241.67M	Aug 2024	RCDC.TO vs LLHE.TO
UTES.TO	Evolve Canadian Utilities Enhanced Yield Index Fun...	Utilities Equities, Derivative Income, Leveraged Equities	67	10.38%	445.34M	Sep 2024	RCDC.TO vs UTES.TO
EACC.NEO	Global X MSCI EAFE Covered Call ETF	Derivative Income, Foreign Large Cap Equities	61	11.90%	—	May 2024	RCDC.TO vs EACC.NEO
ENCC.TO	Global X Canadian Oil and Gas Equity Covered Call ...	Derivative Income, Energy Equities	93	31.48%	784.46M	Apr 2011	RCDC.TO vs ENCC.TO
EMCL.NEO	Global X Enhanced MSCI Emerging Markets Covered Ca...	Emerging Markets Equities, Derivative Income, Options Trading, Actively Managed	60	18.77%	7.21M	May 2024	RCDC.TO vs EMCL.NEO
HDIV.TO	Hamilton Enhanced Canadian Covered Call ETF	Derivative Income	95	18.30%	1.79B	Jul 2021	RCDC.TO vs HDIV.TO
YPLT.NEO	Palantir (PLTR) Yield Shares Purpose ETF	Derivative Income, Technology Equities	8	-24.39%	—	Feb 2025	RCDC.TO vs YPLT.NEO
TSLY.TO	Harvest Tesla Enhanced High Income Shares ETF	Derivative Income	13	-31.00%	218.28M	Jan 2025	RCDC.TO vs TSLY.TO
MSTY.TO	Harvest MicroStrategy High Income Shares ETF	Derivative Income	1	-33.30%	—	Jan 2025	RCDC.TO vs MSTY.TO
YCST.NEO	Costco (COST) Yield Shares Purpose ETF	Derivative Income	15	12.84%	9.20M	Feb 2025	RCDC.TO vs YCST.NEO
HPYT.TO	Harvest Premium Yield Treasury ETF A	Derivative Income	8	-3.63%	337.47M	May 2024	RCDC.TO vs HPYT.TO
UMAX.TO	Hamilton Utilities YIELD MAXIMIZER ETF	Derivative Income, Utilities Equities	77	8.99%	1.45B	Jun 2023	RCDC.TO vs UMAX.TO

Compare RCDC.TO with Any Fund or Stock

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

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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