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BDT.TO vs. RBNK.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

BDT.TO vs. RBNK.TO

Last updated Jun 5, 2026

BDT.TO (Bird Construction Inc.) is a stock, while RBNK.TO (RBC Canadian Bank Yield Index ETF) is Financials Equities fund tracking the Solactive Canada Bank Yield Index. Over the past 5 years, BDT.TO returned 51.63%/yr vs 17.93%/yr for RBNK.TO. At a 0.33 correlation, their price movements are largely independent.

Performance

BDT.TO vs. RBNK.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Bird Construction Inc. (BDT.TO) and RBC Canadian Bank Yield Index ETF (RBNK.TO). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, BDT.TO achieves a 126.97% return, which is significantly higher than RBNK.TO's 21.81% return.

BDT.TO

1D
2.34%
1M
16.58%
YTD
126.97%
6M
137.44%
1Y
144.86%
3Y*
102.26%
5Y*
51.63%
10Y*
22.29%

RBNK.TO

1D
1.56%
1M
7.59%
YTD
21.81%
6M
25.07%
1Y
63.75%
3Y*
33.85%
5Y*
17.93%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

BDT.TO vs. RBNK.TO - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
BDT.TO
Bird Construction Inc.		126.97%13.11%85.70%85.30%-12.91%28.13%19.30%24.68%-36.48%4.74%
RBNK.TO
RBC Canadian Bank Yield Index ETF		21.81%44.94%22.08%11.01%-13.14%40.30%3.34%16.82%-9.14%3.71%

Correlation

The correlation between BDT.TO and RBNK.TO is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.32

Correlation (3Y)
Calculated over the trailing 3-year period

0.34

Correlation (5Y)
Calculated over the trailing 5-year period

0.39

Correlation (All Time)
Calculated using the full available price history since Oct 23, 2017

0.33

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Bird Construction Inc.

RBC Canadian Bank Yield Index ETF

Often compared with BDT.TO:
BDT.TO vs. ARE.TOBDT.TO vs. BDGI.TOBDT.TO vs. KBHBDT.TO vs. CEU.TOBDT.TO vs. ITBBDT.TO vs. QSR.TOBDT.TO vs. HXQ.TO
Often compared with RBNK.TO:
RBNK.TO vs. BANK.TORBNK.TO vs. TBNKRBNK.TO vs. ZWB.TORBNK.TO vs. XEI.TORBNK.TO vs. VDY.TORBNK.TO vs. ZEB.TORBNK.TO vs. XGD.TO

Return for Risk

BDT.TO vs. RBNK.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
BDT.TO
BDT.TO Risk / Return Rank: 9595
Overall Rank
BDT.TO Sharpe Ratio Rank: 9696
Sharpe Ratio Rank
BDT.TO Sortino Ratio Rank: 9494
Sortino Ratio Rank
BDT.TO Omega Ratio Rank: 9696
Omega Ratio Rank
BDT.TO Calmar Ratio Rank: 9393
Calmar Ratio Rank
BDT.TO Martin Ratio Rank: 9494
Martin Ratio Rank
RBNK.TO
RBNK.TO Risk / Return Rank: 9696
Overall Rank
RBNK.TO Sharpe Ratio Rank: 9797
Sharpe Ratio Rank
RBNK.TO Sortino Ratio Rank: 9797
Sortino Ratio Rank
RBNK.TO Omega Ratio Rank: 9797
Omega Ratio Rank
RBNK.TO Calmar Ratio Rank: 9494
Calmar Ratio Rank
RBNK.TO Martin Ratio Rank: 9595
Martin Ratio Rank
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.

BDT.TO vs. RBNK.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Bird Construction Inc. (BDT.TO) and RBC Canadian Bank Yield Index ETF (RBNK.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.

BDT.TORBNK.TODifference
Sharpe ratioReturn per unit of total volatility
3.61
4.78

-1.17

Sortino ratioReturn per unit of downside risk
3.81
6.37

-2.55

Omega ratioGain probability vs. loss probability

1.61

1.89

-0.28

Calmar ratioReturn relative to maximum drawdown

5.78

7.05

-1.27

Martin ratioReturn relative to average drawdown

17.90

30.40

-12.50

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BDT.TO vs. RBNK.TO - Sharpe Ratio Comparison

The current BDT.TO Sharpe Ratio is 3.61, which is comparable to the RBNK.TO Sharpe Ratio of 4.78. The chart below compares the historical Sharpe Ratios of BDT.TO and RBNK.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.

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Sharpe Ratios by Period

BDT.TORBNK.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

3.61

4.78

-1.17

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

1.50

1.30

+0.20

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.66

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.43

0.82

-0.39

Drawdowns

BDT.TO vs. RBNK.TO - Drawdown Comparison

The maximum BDT.TO drawdown since its inception was -75.33%, which is greater than RBNK.TO's maximum drawdown of -39.08%. Use the drawdown chart below to compare losses from any high point for BDT.TO and RBNK.TO.

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Drawdown Indicators

BDT.TORBNK.TODifference

Max Drawdown

Largest peak-to-trough decline

-75.33%

-39.08%

-36.25%

Max Drawdown (1Y)

Largest decline over 1 year

-25.20%

-9.08%

-16.12%

Max Drawdown (3Y)

Largest decline over 3 years

-42.63%

-14.87%

-27.76%

Max Drawdown (5Y)

Largest decline over 5 years

-42.79%

-28.64%

-14.15%

Max Drawdown (10Y)

Largest decline over 10 years

-64.15%

—

—

Current Drawdown

Current decline from peak

0.00%

0.00%

0.00%

Average Drawdown

Average peak-to-trough decline

-24.95%

-7.55%

-17.40%

Ulcer Index

Depth and duration of drawdowns from previous peaks

8.12%

2.10%

+6.02%

Volatility

BDT.TO vs. RBNK.TO - Volatility Comparison

Bird Construction Inc. (BDT.TO) has a higher volatility of 17.79% compared to RBC Canadian Bank Yield Index ETF (RBNK.TO) at 5.21%. This indicates that BDT.TO's price experiences larger fluctuations and is considered to be riskier than RBNK.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

BDT.TORBNK.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

17.79%

5.21%

+12.58%

Volatility (6M)

Calculated over the trailing 6-month period

27.03%

11.66%

+15.37%

Volatility (1Y)

Calculated over the trailing 1-year period

40.42%

13.40%

+27.02%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

34.68%

13.91%

+20.77%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

33.91%

18.22%

+15.69%

Dividends

BDT.TO vs. RBNK.TO - Dividend Comparison

BDT.TO's dividend yield for the trailing twelve months is around 1.31%, less than RBNK.TO's 2.92% yield.

PositionTTM20252024202320222021202020192018201720162015
BDT.TO
Bird Construction Inc.		1.31%2.95%2.26%2.96%4.88%4.03%4.95%5.54%6.48%3.91%8.34%5.82%
RBNK.TO
RBC Canadian Bank Yield Index ETF		2.92%3.39%4.50%4.77%4.49%3.07%4.18%3.86%4.06%0.56%0.00%0.00%

Frequently Asked Questions

BDT.TO and RBNK.TO have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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