3466.HK vs. RCD.TO

Last updated Jun 5, 2026

3466.HK (Hang Seng High Dividend 30 Index ETF) and RCD.TO (RBC Quant Canadian Dividend Leaders ETF) are both Dividend funds. Over the past year, 3466.HK returned 44.28% vs 22.52% for RCD.TO. At a 0.07 correlation, their price movements are largely independent. 3466.HK charges 0.55%/yr vs 0.43%/yr for RCD.TO.

Performance

3466.HK vs. RCD.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a HK$10,000 investment in Hang Seng High Dividend 30 Index ETF (3466.HK) and RBC Quant Canadian Dividend Leaders ETF (RCD.TO). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

3466.HK is traded in HKD, while RCD.TO is traded in CAD. To make them comparable, the RCD.TO values have been converted to HKD using the latest available exchange rates.

Returns By Period

The year-to-date returns for both stocks are quite close, with 3466.HK having a 13.10% return and RCD.TO slightly lower at 12.63%.

3466.HK

• 1D: -0.74%
• 1M: -0.69%
• YTD: 13.10%
• 6M: 11.63%
• 1Y: 44.28%
• 3Y*: —
• 5Y*: —
• 10Y*: —

RCD.TO

• 1D: 1.00%
• 1M: 2.39%
• YTD: 12.63%
• 6M: 6.95%
• 1Y: 22.52%
• 3Y*: 16.39%
• 5Y*: 9.12%
• 10Y*: 8.94%

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

3466.HK vs. RCD.TO - Yearly Performance Comparison

	2026 (YTD)	2025
3466.HK Hang Seng High Dividend 30 Index ETF	13.10%	52.57%
RCD.TO RBC Quant Canadian Dividend Leaders ETF	12.63%	32.06%

Correlation

The correlation between 3466.HK and RCD.TO is 0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.05
Correlation (All Time) Calculated using the full available price history since Apr 8, 2025	0.07

Return for Risk

3466.HK vs. RCD.TO — Risk / Return Rank

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

3466.HK

3466.HK Risk / Return Rank: 90
3466.HK Sharpe Ratio Rank: 91
3466.HK Sortino Ratio Rank: 91
3466.HK Omega Ratio Rank: 89
3466.HK Calmar Ratio Rank: 91
3466.HK Martin Ratio Rank: 87

RCD.TO

RCD.TO Risk / Return Rank: 56
RCD.TO Sharpe Ratio Rank: 55
RCD.TO Sortino Ratio Rank: 43
RCD.TO Omega Ratio Rank: 67
RCD.TO Calmar Ratio Rank: 59
RCD.TO Martin Ratio Rank: 54

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.

3466.HK vs. RCD.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hang Seng High Dividend 30 Index ETF (3466.HK) and RBC Quant Canadian Dividend Leaders ETF (RCD.TO). 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.

	3466.HK	RCD.TO	Difference
Sharpe ratio: Return per unit of total volatility	3.21	1.50	+1.72
Sortino ratio: Return per unit of downside risk	4.24	1.83	+2.41
Omega ratio: Gain probability vs. loss probability	1.56	1.31	+0.25
Calmar ratio: Return relative to maximum drawdown	5.67	2.55	+3.12
Martin ratio: Return relative to average drawdown	18.47	7.74	+10.73
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

3466.HK vs. RCD.TO - Sharpe Ratio Comparison

The current 3466.HK Sharpe Ratio is 3.21, which is higher than the RCD.TO Sharpe Ratio of 1.50. The chart below compares the historical Sharpe Ratios of 3466.HK and RCD.TO, 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

	3466.HK	RCD.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.21	1.50	+1.72
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.56	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.50	—
Sharpe Ratio (All Time) Calculated using the full available price history	4.38	0.34	+4.04

Drawdowns

3466.HK vs. RCD.TO - Drawdown Comparison

The maximum 3466.HK drawdown since its inception was -8.04%, smaller than the maximum RCD.TO drawdown of -45.54%. Use the drawdown chart below to compare losses from any high point for 3466.HK and RCD.TO.

Drawdown Indicators

	3466.HK	RCD.TO	Difference
Max Drawdown Largest peak-to-trough decline	-8.04%	-45.54%	+37.50%
Max Drawdown (1Y) Largest decline over 1 year	-8.04%	-8.87%	+0.83%
Max Drawdown (3Y) Largest decline over 3 years	—	-18.00%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-24.46%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-43.64%	—
Current Drawdown Current decline from peak	-3.53%	-0.16%	-3.37%
Average Drawdown Average peak-to-trough decline	-1.53%	-11.96%	+10.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.44%	2.92%	-0.48%

Volatility

3466.HK vs. RCD.TO - Volatility Comparison

Hang Seng High Dividend 30 Index ETF (3466.HK) and RBC Quant Canadian Dividend Leaders ETF (RCD.TO) have volatilities of 3.39% and 3.23%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	3466.HK	RCD.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.39%	3.23%	+0.16%
Volatility (6M) Calculated over the trailing 6-month period	10.00%	13.44%	-3.44%
Volatility (1Y) Calculated over the trailing 1-year period	14.18%	15.09%	-0.91%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.24%	16.51%	-2.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.24%	17.85%	-3.61%

3466.HK vs. RCD.TO - Expense Ratio Comparison

3466.HK has a 0.55% expense ratio, which is higher than RCD.TO's 0.43% expense ratio.

Dividends

3466.HK vs. RCD.TO - Dividend Comparison

3466.HK's dividend yield for the trailing twelve months is around 6.90%, more than RCD.TO's 2.85% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
3466.HK Hang Seng High Dividend 30 Index ETF	6.90%	4.52%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
RCD.TO RBC Quant Canadian Dividend Leaders ETF	2.85%	3.07%	3.17%	3.39%	3.36%	2.34%	3.45%	3.12%	3.64%	3.01%	3.08%	3.62%

Frequently Asked Questions

Can I hold both 3466.HK and RCD.TO in my portfolio?

3466.HK and RCD.TO have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, 3466.HK or RCD.TO?

On fees, RCD.TO is cheaper at 0.43% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, 3466.HK or RCD.TO?

RCD.TO is cheaper with a 0.43% expense ratio, compared with 0.55% for 3466.HK.

What is the main difference between 3466.HK and RCD.TO?

They also come from different issuers: Hang Seng Investment Management and RBC. Their fees differ too: 0.55% for 3466.HK and 0.43% for RCD.TO.