0P0000706A.TO vs. RCPIX

Last updated Jun 4, 2026

0P0000706A.TO (RBC Select Balanced Portfolio A) and RCPIX (RBC BlueBay Core Plus Bond Fund) are both mutual funds - 0P0000706A.TO is a Global Allocation fund managed by RBC Global Asset Management., while RCPIX is a Intermediate Core-Plus Bond fund managed by RBC Global Asset Management.. Over the past 3 years, 0P0000706A.TO returned 13.40%/yr vs 8.05%/yr for RCPIX. At a 0.07 correlation, their price movements are largely independent. 0P0000706A.TO charges 1.94%/yr vs 0.45%/yr for RCPIX.

Performance

0P0000706A.TO vs. RCPIX - 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 BlueBay Core Plus Bond Fund (RCPIX). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

0P0000706A.TO is traded in CAD, while RCPIX is traded in USD. To make them comparable, the RCPIX 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 8.60% return, which is significantly higher than RCPIX's 1.17% return.

0P0000706A.TO

• 1D: 0.40%
• 1M: 4.50%
• YTD: 8.60%
• 6M: 8.36%
• 1Y: 18.82%
• 3Y*: 13.40%
• 5Y*: 7.23%
• 10Y*: —

RCPIX

• 1D: 0.31%
• 1M: 2.21%
• YTD: 1.17%
• 6M: -0.37%
• 1Y: 7.66%
• 3Y*: 8.05%
• 5Y*: —
• 10Y*: —

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

0P0000706A.TO vs. RCPIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
0P0000706A.TO RBC Select Balanced Portfolio A	8.60%	11.61%	13.97%	10.23%	-12.52%	1.90%
RCPIX RBC BlueBay Core Plus Bond Fund	1.17%	3.20%	15.07%	7.23%	-7.43%	1.72%

Correlation

The correlation between 0P0000706A.TO and RCPIX is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.24
Correlation (3Y) Calculated over the trailing 3-year period	0.22
Correlation (All Time) Calculated using the full available price history since Nov 3, 2021	0.07

The correlation between 0P0000706A.TO and RCPIX shifts across timeframes, from 0.07 (all time) to 0.24 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

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

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

0P0000706A.TO

0P0000706A.TO Risk / Return Rank: 70
0P0000706A.TO Sharpe Ratio Rank: 73
0P0000706A.TO Sortino Ratio Rank: 71
0P0000706A.TO Omega Ratio Rank: 74
0P0000706A.TO Calmar Ratio Rank: 66
0P0000706A.TO Martin Ratio Rank: 68

RCPIX

RCPIX Risk / Return Rank: 32
RCPIX Sharpe Ratio Rank: 35
RCPIX Sortino Ratio Rank: 36
RCPIX Omega Ratio Rank: 36
RCPIX Calmar Ratio Rank: 28
RCPIX Martin Ratio Rank: 23

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

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

This table presents a comparison of risk-adjusted performance metrics for RBC Select Balanced Portfolio A (0P0000706A.TO) and RBC BlueBay Core Plus Bond Fund (RCPIX). 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.

	0P0000706A.TO	RCPIX	Difference
Sharpe ratio: Return per unit of total volatility	2.48	1.41	+1.07
Sortino ratio: Return per unit of downside risk	3.51	2.02	+1.49
Omega ratio: Gain probability vs. loss probability	1.49	1.25	+0.23
Calmar ratio: Return relative to maximum drawdown	3.15	2.05	+1.10
Martin ratio: Return relative to average drawdown	13.17	4.60	+8.57
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

0P0000706A.TO vs. RCPIX - Sharpe Ratio Comparison

The current 0P0000706A.TO Sharpe Ratio is 2.48, which is higher than the RCPIX Sharpe Ratio of 1.41. The chart below compares the historical Sharpe Ratios of 0P0000706A.TO and RCPIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	0P0000706A.TO	RCPIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.48	1.41	+1.07
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.88	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.74	0.58	+0.17

Drawdowns

0P0000706A.TO vs. RCPIX - Drawdown Comparison

The maximum 0P0000706A.TO drawdown since its inception was -21.64%, which is greater than RCPIX's maximum drawdown of -14.10%. Use the drawdown chart below to compare losses from any high point for 0P0000706A.TO and RCPIX.

Drawdown Indicators

	0P0000706A.TO	RCPIX	Difference
Max Drawdown Largest peak-to-trough decline	-21.64%	-14.10%	-7.54%
Max Drawdown (1Y) Largest decline over 1 year	-6.04%	-3.79%	-2.25%
Max Drawdown (3Y) Largest decline over 3 years	-9.56%	-7.83%	-1.73%
Max Drawdown (5Y) Largest decline over 5 years	-17.90%	—	—
Current Drawdown Current decline from peak	0.00%	-1.32%	+1.32%
Average Drawdown Average peak-to-trough decline	-3.70%	-4.61%	+0.91%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.44%	1.68%	-0.24%

Volatility

0P0000706A.TO vs. RCPIX - Volatility Comparison

RBC Select Balanced Portfolio A (0P0000706A.TO) has a higher volatility of 2.55% compared to RBC BlueBay Core Plus Bond Fund (RCPIX) at 1.56%. This indicates that 0P0000706A.TO's price experiences larger fluctuations and is considered to be riskier than RCPIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	0P0000706A.TO	RCPIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.55%	1.56%	+0.99%
Volatility (6M) Calculated over the trailing 6-month period	6.37%	4.42%	+1.95%
Volatility (1Y) Calculated over the trailing 1-year period	7.68%	5.54%	+2.14%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.27%	7.54%	+0.73%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.49%	7.54%	+1.95%

0P0000706A.TO vs. RCPIX - Expense Ratio Comparison

0P0000706A.TO has a 1.94% expense ratio, which is higher than RCPIX's 0.45% expense ratio.

Dividends

0P0000706A.TO vs. RCPIX - Dividend Comparison

0P0000706A.TO's dividend yield for the trailing twelve months is around 4.00%, less than RCPIX's 5.81% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
0P0000706A.TO RBC Select Balanced Portfolio A	4.00%	4.34%	3.92%	2.75%	1.78%	3.22%	1.43%	1.03%	2.92%
RCPIX RBC BlueBay Core Plus Bond Fund	5.81%	4.95%	4.37%	4.34%	3.77%	0.21%	0.00%	0.00%	0.00%

Frequently Asked Questions

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

0P0000706A.TO and RCPIX have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.