DCBC.TO vs. RBO.TO
DCBC.TO (Desjardins Canadian Corporate Bond Index ETF) and RBO.TO (RBC 1-5 Year Laddered Canadian Corporate Bond ETF) are both Corporate Bonds funds. DCBC.TO is passively managed, while RBO.TO is actively managed. Over the past year, DCBC.TO returned 4.44% vs 3.34% for RBO.TO. At a 0.45 correlation, their price movements are largely independent.
Performance
DCBC.TO vs. RBO.TO - Performance Comparison
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Returns By Period
In the year-to-date period, DCBC.TO achieves a 1.55% return, which is significantly higher than RBO.TO's 1.41% return.
DCBC.TO
- 1D
- 0.10%
- 1M
- -0.64%
- 6M
- 0.92%
- YTD
- 1.55%
- 1Y
- 4.44%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
RBO.TO
- 1D
- 0.16%
- 1M
- -0.08%
- 6M
- 0.93%
- YTD
- 1.41%
- 1Y
- 3.34%
- 3Y*
- 5.41%
- 5Y*
- 2.32%
- 10Y*
- 2.40%
DCBC.TO vs. RBO.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
DCBC.TO Desjardins Canadian Corporate Bond Index ETF | 1.55% | 3.94% | 6.62% |
RBO.TO RBC 1-5 Year Laddered Canadian Corporate Bond ETF | 1.41% | 4.23% | 5.96% |
Correlation
The correlation between DCBC.TO and RBO.TO is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.42 |
Correlation (All Time) Calculated using the full available price history since Apr 22, 2024 | 0.45 |
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Return for Risk
DCBC.TO vs. RBO.TO — Risk / Return Rank
DCBC.TO
RBO.TO
DCBC.TO vs. RBO.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Desjardins Canadian Corporate Bond Index ETF (DCBC.TO) and RBC 1-5 Year Laddered Canadian Corporate Bond ETF (RBO.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.
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.
| DCBC.TO | RBO.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.29 | ||
| Sortino ratioReturn per unit of downside risk | -0.48 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.30 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 1.74 | 1.92 | -0.19 |
| Martin ratioReturn relative to average drawdown | 5.61 | 6.93 | -1.32 |
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Drawdowns
DCBC.TO vs. RBO.TO - Drawdown Comparison
The maximum DCBC.TO drawdown since its inception was -3.12%, smaller than the maximum RBO.TO drawdown of -20.46%. Use the drawdown chart below to compare losses from any high point for DCBC.TO and RBO.TO.
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Drawdown Indicators
| DCBC.TO | RBO.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -3.12% | -20.46% | +17.34% |
Max Drawdown (1Y)Largest decline over 1 year | -2.57% | -1.75% | -0.82% |
Max Drawdown (3Y)Largest decline over 3 years | — | -1.75% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -7.89% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -20.46% | — |
Current DrawdownCurrent decline from peak | -0.80% | -0.16% | -0.64% |
Average DrawdownAverage peak-to-trough decline | -0.62% | -1.34% | +0.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.79% | 0.48% | +0.31% |
Volatility
DCBC.TO vs. RBO.TO - Volatility Comparison
Desjardins Canadian Corporate Bond Index ETF (DCBC.TO) has a higher volatility of 1.04% compared to RBC 1-5 Year Laddered Canadian Corporate Bond ETF (RBO.TO) at 0.41%. This indicates that DCBC.TO's price experiences larger fluctuations and is considered to be riskier than RBO.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DCBC.TO | RBO.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.04% | 0.41% | +0.63% |
Volatility (6M)Calculated over the trailing 6-month period | 2.76% | 1.81% | +0.95% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.58% | 2.18% | +1.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.26% | 2.95% | +1.31% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.26% | 7.74% | -3.48% |
Dividends
DCBC.TO vs. RBO.TO - Dividend Comparison
DCBC.TO's dividend yield for the trailing twelve months is around 3.79%, less than RBO.TO's 3.90% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DCBC.TO Desjardins Canadian Corporate Bond Index ETF | 3.79% | 3.55% | 2.71% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
RBO.TO RBC 1-5 Year Laddered Canadian Corporate Bond ETF | 3.90% | 3.67% | 3.35% | 2.56% | 2.64% | 2.32% | 2.41% | 2.77% | 2.96% | 3.02% | 3.26% | 3.54% |
Frequently Asked Questions
DCBC.TO and RBO.TO have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
They also come from different issuers: Desjardins and RBC.
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