0P0000706A.TO vs. RBCIX

Last updated Aug 1, 2026

0P0000706A.TO (RBC Select Balanced Portfolio A) and RBCIX (RBC China Equity Fund) are both mutual funds - 0P0000706A.TO is a Global Allocation fund managed by RBC, while RBCIX is a China Equities fund managed by RBC. Over the past 3 years, 0P0000706A.TO returned 12.23%/yr vs 14.91%/yr for RBCIX. Their 0.41 correlation means their historical movements had little consistent relationship. 0P0000706A.TO charges 1.94%/yr vs 1.05%/yr for RBCIX.

Performance

0P0000706A.TO vs. RBCIX - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in RBC Select Balanced Portfolio A (0P0000706A.TO) and RBC China Equity Fund (RBCIX). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

0P0000706A.TO is traded in CAD, while RBCIX is traded in USD. To make them comparable, the RBCIX values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, 0P0000706A.TO achieves a 7.81% return, which is significantly higher than RBCIX's 1.66% return.

0P0000706A.TO

• 1D: -0.11%
• 1M: -1.49%
• 6M: 6.29%
• YTD: 7.81%
• 1Y: 15.54%
• 3Y*: 12.23%
• 5Y*: 6.39%
• 10Y*: —
• ALL TIME*: 6.80%

RBCIX

• 1D: 0.40%
• 1M: 1.45%
• 6M: -3.96%
• YTD: 1.66%
• 1Y: 25.74%
• 3Y*: 14.91%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 9.57%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
0P0000706A.TO RBC Select Balanced Portfolio A	CA$0.00	CA$0.00	CA$0.00
RBCIX RBC China Equity Fund	CA$0.00	CA$0.00	CA$0.00

0P0000706A.TO vs. RBCIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
0P0000706A.TO RBC Select Balanced Portfolio A	7.81%	11.61%	13.97%	10.23%	-6.29%
RBCIX RBC China Equity Fund	1.66%	44.03%	15.23%	-11.79%	-0.48%

Correlation

The correlation between 0P0000706A.TO and RBCIX is 0.52, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.52
Correlation (3Y) Balances recent behavior with more history.	0.40
Correlation (All Time) Calculated using the full available price history since Apr 11, 2022	0.41

The correlation between 0P0000706A.TO and RBCIX shifts across timeframes, from 0.40 (3 years) to 0.52 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

0P0000706A.TO vs. RBCIX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

0P0000706A.TO

0P0000706A.TO Risk / Return Rank: 75
0P0000706A.TO Sharpe Ratio Rank: 75
0P0000706A.TO Sortino Ratio Rank: 73
0P0000706A.TO Omega Ratio Rank: 75
0P0000706A.TO Calmar Ratio Rank: 75
0P0000706A.TO Martin Ratio Rank: 79

RBCIX

RBCIX Risk / Return Rank: 28
RBCIX Sharpe Ratio Rank: 27
RBCIX Sortino Ratio Rank: 26
RBCIX Omega Ratio Rank: 27
RBCIX Calmar Ratio Rank: 35
RBCIX Martin Ratio Rank: 22

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

0P0000706A.TO vs. RBCIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for RBC Select Balanced Portfolio A (0P0000706A.TO) and RBC China Equity Fund (RBCIX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

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.

	0P0000706A.TO	RBCIX	Difference
Sharpe ratio: Return per unit of total volatility	1.76	1.11	+0.66
Sortino ratio: Return per unit of downside risk	2.50	1.61	+0.89
Omega ratio: Gain probability vs. loss probability	1.33	1.20	+0.14
Calmar ratio: Return relative to maximum drawdown	2.44	1.95	+0.49
Martin ratio: Return relative to average drawdown	9.76	4.48	+5.28

0P0000706A.TO vs. RBCIX - Sharpe Ratio Comparison

The current 0P0000706A.TO Sharpe Ratio is 1.76, which is higher than the RBCIX Sharpe Ratio of 1.11. The chart below compares the historical Sharpe Ratios of 0P0000706A.TO and RBCIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

0P0000706A.TO vs. RBCIX - Drawdown Comparison

The maximum 0P0000706A.TO drawdown since its inception was -21.64%, smaller than the maximum RBCIX drawdown of -31.50%. Use the drawdown chart below to compare losses from any high point for 0P0000706A.TO and RBCIX.

Drawdown Indicators

	0P0000706A.TO	RBCIX	Difference
Max Drawdown Largest peak-to-trough decline	-21.64%	-31.50%	+9.86%
Max Drawdown (1Y) Largest decline over 1 year	-6.04%	-12.03%	+5.99%
Max Drawdown (3Y) Largest decline over 3 years	-9.56%	-23.49%	+13.93%
Max Drawdown (5Y) Largest decline over 5 years	-17.90%	—	—
Current Drawdown Current decline from peak	-1.75%	-7.15%	+5.40%
Average Drawdown Average peak-to-trough decline	-3.65%	-12.51%	+8.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.51%	5.22%	-3.71%

Volatility

0P0000706A.TO vs. RBCIX - Volatility Comparison

The current volatility for RBC Select Balanced Portfolio A (0P0000706A.TO) is 2.17%, while RBC China Equity Fund (RBCIX) has a volatility of 6.86%. This indicates that 0P0000706A.TO experiences smaller price fluctuations and is considered to be less risky than RBCIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	0P0000706A.TO	RBCIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.17%	6.86%	-4.69%
Volatility (6M) Calculated over the trailing 6-month period	7.05%	16.28%	-9.23%
Volatility (1Y) Calculated over the trailing 1-year period	8.35%	21.26%	-12.91%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.41%	26.25%	-17.84%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.49%	26.25%	-16.76%

0P0000706A.TO vs. RBCIX - Expense Ratio Comparison

0P0000706A.TO has a 1.94% expense ratio, which is higher than RBCIX's 1.05% expense ratio.

Dividends

0P0000706A.TO vs. RBCIX - Dividend Comparison

0P0000706A.TO's dividend yield for the trailing twelve months is around 4.03%, more than RBCIX's 3.69% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
0P0000706A.TO RBC Select Balanced Portfolio A	4.03%	4.34%	3.92%	2.75%	1.78%	3.22%	1.43%	1.03%	2.92%
RBCIX RBC China Equity Fund	3.69%	3.66%	2.01%	1.20%	1.02%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both 0P0000706A.TO and RBCIX in my portfolio?

0P0000706A.TO and RBCIX have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.