RBC Quant EAFE Dividend Leaders ETF CAD (RID.TO)

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RBC Quant EAFE Dividend Leaders ETF CAD (RID.TO) is up 16.1% since the beginning of the year. RID.TO is currently trading at CA$40 per share. Investors who bought CA$1,000 worth of RID.TO shares 5 years ago would now be looking at an investment worth CA$1,900.

RBC Quant EAFE Dividend Leaders ETF CAD (RID.TO) has returned 16.07% so far this year and 32.72% over the past 12 months. Over the last ten years, RID.TO has returned 10.01% per year, falling short of the S&P 500 Index benchmark, which averaged 14.32% annually.

Based on dividend-adjusted daily data since Jan 15, 2014, RID.TO's average daily return is +0.04%, while the average monthly return is +0.79%. At this rate, an investment would double in approximately 7.3 years.

Historically, 60% of months were positive and 40% were negative. The best month was Nov 2022 with a return of +12.3%, while the worst month was Mar 2020 at -10.6%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 4 months.

On a daily basis, RID.TO closed higher 50% of trading days. The best single day was Mar 24, 2020 with a return of +8.4%, while the worst single day was Mar 12, 2020 at -10.6%.

RBC Quant EAFE Dividend Leaders ETF CAD has an annualized alpha of 2.29%, beta of 0.47, and R2 of 0.32 versus S&P 500 Index. Calculated based on daily prices since January 15, 2014.

• This ETF participated in 72.34% of S&P 500 Index downside but only 61.09% of its upside - more exposed to losses than it benefited from rallies.
• Beta of 0.47 may look defensive, but with R2 of 0.32 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
• R2 of 0.32 means the benchmark explains less than half of this ETF's behavior - treat beta with caution or consider switching to a more representative benchmark.

RID.TO ranks 83 for risk / return — in the top 83% of ETFs on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.

RBC Quant EAFE Dividend Leaders ETF CAD provided a 2.84% dividend yield over the last twelve months, with an annual payout of CA$1.13 per share. The fund has been increasing its distributions for 4 consecutive years.

The table displays the monthly dividend distributions for RBC Quant EAFE Dividend Leaders ETF CAD. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the RBC Quant EAFE Dividend Leaders ETF CAD. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the RBC Quant EAFE Dividend Leaders ETF CAD was 28.74%, occurring on Mar 16, 2020. Recovery took 203 trading sessions.

The current RBC Quant EAFE Dividend Leaders ETF CAD drawdown is 2.31%.

The chart below shows the rolling one-month volatility.