- ISIN
- US74926P2662
- CUSIP
- 74926P266
- Issuer
- RBC
- Inception Date
- Dec 30, 2013
- Category
- Ultrashort Bond
- Min. Investment
- $10,000
- Distribution Policy
- Distributing
- Asset Class
- Bond
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
RUSIX Performance Chart
RBC Ultra-Short Fixed Income Fund (RUSIX) is up 1.6% since the beginning of the year. RUSIX is currently trading at $10 per share. Investors who bought $1,000 worth of RUSIX shares 5 years ago would now be looking at an investment worth $1,204.
Loading charts...
Compare this symbol against anything
Returns By Period
RBC Ultra-Short Fixed Income Fund (RUSIX) has returned 1.58% so far this year and 3.23% over the past 12 months. Over the last ten years, RUSIX has returned 2.99% per year, falling short of the S&P 500 Index benchmark, which averaged 13.26% annually.
RBC Ultra-Short Fixed Income Fund
- 1D
- 0.00%
- 1M
- 0.00%
- 6M
- 1.10%
- YTD
- 1.58%
- 1Y
- 3.23%
- 3Y*
- 5.60%
- 5Y*
- 3.78%
- 10Y*
- 2.99%
- ALL TIME*
- 2.63%
Benchmark (S&P 500 Index)
- 1D
- 0.70%
- 1M
- 0.09%
- 6M
- 7.94%
- YTD
- 9.41%
- 1Y
- 20.07%
- 3Y*
- 17.84%
- 5Y*
- 11.25%
- 10Y*
- 13.26%
- ALL TIME*
- 8.09%
RUSIX Monthly Returns History
Based on dividend-adjusted daily data since Jan 2, 2014, RUSIX's average daily return is +0.01%, while the average monthly return is +0.22%. At this rate, an investment would double in approximately 26.3 years.
Historically, 81% of months were positive and 19% were negative. The best month was Apr 2020 with a return of +2.1%, while the worst month was Mar 2020 at -3.9%. The longest winning streak lasted 39 consecutive months, and the longest losing streak was 6 months.
On a daily basis, RUSIX closed higher 17% of trading days. The best single day was Mar 31, 2020 with a return of +0.9%, while the worst single day was Mar 19, 2020 at -1.0%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.47% | 0.12% | 0.13% | 0.35% | 0.36% | 0.15% | 0.00% | 1.58% | |||||
| 2025 | 0.58% | 0.35% | 0.28% | 0.34% | 0.36% | 0.45% | 0.37% | 0.56% | 0.16% | 0.27% | 0.26% | 0.47% | 4.53% |
| 2024 | 1.08% | 0.47% | 0.61% | 0.40% | 0.60% | 0.39% | 0.69% | 0.61% | 0.58% | 0.29% | 0.47% | 0.39% | 6.78% |
| 2023 | 1.23% | 0.29% | -0.29% | 0.97% | 0.16% | 0.81% | 0.87% | 0.59% | 0.39% | 0.20% | 1.22% | 1.42% | 8.13% |
| 2022 | -0.43% | -0.43% | -0.91% | -0.29% | -0.41% | -0.78% | 0.60% | 0.21% | -0.42% | -0.38% | 0.89% | 0.93% | -1.43% |
| 2021 | 0.09% | -0.02% | -0.02% | 0.17% | 0.08% | 0.07% | 0.07% | -0.03% | -0.03% | -0.13% | -0.23% | 0.08% | 0.10% |
Benchmark Metrics
RBC Ultra-Short Fixed Income Fund has an annualized alpha of 2.55%, beta of 0.01, and R2 of 0.01 versus S&P 500 Index. Calculated based on daily prices since January 02, 2014.
- This fund captured 7.87% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -1.41%) - a profile typical of hedging or uncorrelated assets.
- Beta of 0.01 may look defensive, but with R2 of 0.01 this fund 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 fund's risk.
- R2 of 0.01 means this fund moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 2.55%
- Beta
- 0.01
- R²
- 0.01
- Upside Capture
- 7.87%
- Downside Capture
- -1.41%
Expense Ratio
RUSIX has an expense ratio of 0.48%, placing it in the medium range.
Return for Risk
Risk / Return Rank
RUSIX ranks 98 for risk / return — above 98% of mutual funds peers on PortfoliosLab. Its historical combined result is among the stronger results in the peer group.
Risk / Return Metrics
The table below present risk-adjusted performance metrics for RBC Ultra-Short Fixed Income Fund (RUSIX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| RUSIX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.16 | ||
| Sortino ratioReturn per unit of downside risk | +4.02 | ||
| Omega ratioGain probability vs. loss probability | 2.41 | 1.25 | +1.16 |
| Calmar ratioReturn relative to maximum drawdown | 9.48 | 2.00 | +7.47 |
| Martin ratioReturn relative to average drawdown | 29.98 | 8.49 | +21.49 |
Dividends
Dividend History
RBC Ultra-Short Fixed Income Fund provided a 3.89% dividend yield over the last twelve months, with an annual payout of $0.39 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.39 | $0.43 | $0.46 | $0.46 | $0.23 | $0.09 | $0.18 | $0.27 | $0.24 | $0.18 | $0.16 | $0.14 |
Dividend yield | 3.89% | 4.33% | 4.61% | 4.64% | 2.37% | 0.91% | 1.82% | 2.76% | 2.41% | 1.83% | 1.57% | 1.42% |
Monthly Dividends
The table displays the monthly dividend distributions for RBC Ultra-Short Fixed Income Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.04 | $0.03 | $0.03 | $0.03 | $0.04 | $0.03 | $0.00 | $0.21 | |||||
| 2025 | $0.04 | $0.04 | $0.04 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.43 |
| 2024 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.46 |
| 2023 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.04 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.08 | $0.46 |
| 2022 | $0.01 | $0.01 | $0.01 | $0.01 | $0.00 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.07 | $0.23 |
| 2021 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.09 |
Drawdowns
Drawdowns Chart
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.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the RBC Ultra-Short Fixed Income Fund. 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 Ultra-Short Fixed Income Fund was 5.60%, occurring on Mar 23, 2020. Recovery took 73 trading sessions.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-5.60%Mar 2020 | 17d | 3mo 16d | 4mo 3dMar 2020 - Jul 2020 | COVID crash2020 |
-3.83%Jun 2022 | 8mo 19d | 10mo 8d | 1y 6moOct 2021 - Apr 2023 | Bear market2022 |
-0.70%Dec 2014 | 18d | 17d | 1mo 5dDec 2014 - Jan 2015 | — |
-0.52%May 2023 | 5d | 22d | 27dMay 2023 - May 2023 | — |
-0.41%Dec 2015 | 27d | 2mo 10d | 3mo 7dDec 2015 - Mar 2016 | — |
Drawdown Indicators
| RUSIX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -5.60% | -56.78% | +51.18% |
Max Drawdown (1Y)Largest decline over 1 year | -0.40% | -9.10% | +8.70% |
Max Drawdown (3Y)Largest decline over 3 years | -0.40% | -18.90% | +18.50% |
Max Drawdown (5Y)Largest decline over 5 years | -3.83% | -25.43% | +21.60% |
Max Drawdown (10Y)Largest decline over 10 years | -5.60% | -33.92% | +28.32% |
Current DrawdownCurrent decline from peak | 0.00% | -1.58% | +1.58% |
Average DrawdownAverage peak-to-trough decline | -0.33% | -10.70% | +10.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.12% | 2.14% | -2.02% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with RUSIX
Add RBC Ultra-Short Fixed Income Fund to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with RUSIX