FIG.TO vs. RQP.TO
FIG.TO (CI Investment Grade Bond ETF) and RQP.TO (RBC Target 2027 Canadian Corporate Bond Index ETF) are both Corporate Bonds funds. Both are actively managed. Over the past 5 years, FIG.TO returned 0.78%/yr vs 1.75%/yr for RQP.TO. At a 0.48 correlation, their price movements are largely independent.
Performance
FIG.TO vs. RQP.TO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FIG.TO achieves a 1.62% return, which is significantly higher than RQP.TO's 1.35% return.
FIG.TO
- 1D
- 0.21%
- 1M
- 0.13%
- 6M
- 1.19%
- YTD
- 1.62%
- 1Y
- 4.34%
- 3Y*
- 5.55%
- 5Y*
- 0.78%
- 10Y*
- 2.27%
RQP.TO
- 1D
- 0.00%
- 1M
- 0.33%
- 6M
- 1.13%
- YTD
- 1.35%
- 1Y
- 3.30%
- 3Y*
- 5.70%
- 5Y*
- 1.75%
- 10Y*
- —
FIG.TO vs. RQP.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
FIG.TO CI Investment Grade Bond ETF | 1.62% | 5.12% | 5.10% | 6.23% | -12.53% | -1.69% | 1.04% |
RQP.TO RBC Target 2027 Canadian Corporate Bond Index ETF | 1.35% | 4.15% | 6.22% | 6.87% | -8.19% | -2.20% | 1.15% |
Correlation
The correlation between FIG.TO and RQP.TO is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.48 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.59 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.52 |
Correlation (All Time) Calculated using the full available price history since Sep 18, 2020 | 0.48 |
The correlation between FIG.TO and RQP.TO shifts across timeframes, from 0.48 (all time) to 0.59 (3 years), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
FIG.TO vs. RQP.TO — Risk / Return Rank
FIG.TO
RQP.TO
FIG.TO vs. RQP.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for CI Investment Grade Bond ETF (FIG.TO) and RBC Target 2027 Canadian Corporate Bond Index ETF (RQP.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.
| FIG.TO | RQP.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.90 | ||
| Sortino ratioReturn per unit of downside risk | -2.98 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.64 | -0.47 |
| Calmar ratioReturn relative to maximum drawdown | 1.92 | 5.07 | -3.15 |
| Martin ratioReturn relative to average drawdown | 4.65 | 26.61 | -21.97 |
Loading charts...
Drawdowns
FIG.TO vs. RQP.TO - Drawdown Comparison
The maximum FIG.TO drawdown since its inception was -16.80%, which is greater than RQP.TO's maximum drawdown of -13.88%. Use the drawdown chart below to compare losses from any high point for FIG.TO and RQP.TO.
Loading charts...
Drawdown Indicators
| FIG.TO | RQP.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.80% | -13.88% | -2.92% |
Max Drawdown (1Y)Largest decline over 1 year | -2.27% | -0.65% | -1.62% |
Max Drawdown (3Y)Largest decline over 3 years | -3.24% | -1.46% | -1.78% |
Max Drawdown (5Y)Largest decline over 5 years | -15.97% | -12.93% | -3.04% |
Max Drawdown (10Y)Largest decline over 10 years | -16.80% | — | — |
Current DrawdownCurrent decline from peak | -0.53% | 0.00% | -0.53% |
Average DrawdownAverage peak-to-trough decline | -3.43% | -4.13% | +0.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.94% | 0.12% | +0.82% |
Volatility
FIG.TO vs. RQP.TO - Volatility Comparison
CI Investment Grade Bond ETF (FIG.TO) has a higher volatility of 1.64% compared to RBC Target 2027 Canadian Corporate Bond Index ETF (RQP.TO) at 0.28%. This indicates that FIG.TO's price experiences larger fluctuations and is considered to be riskier than RQP.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| FIG.TO | RQP.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.64% | 0.28% | +1.36% |
Volatility (6M)Calculated over the trailing 6-month period | 3.20% | 0.85% | +2.35% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.50% | 1.15% | +3.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.45% | 3.85% | +1.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.16% | 3.77% | +2.39% |
Dividends
FIG.TO vs. RQP.TO - Dividend Comparison
FIG.TO's dividend yield for the trailing twelve months is around 4.06%, more than RQP.TO's 3.70% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FIG.TO CI Investment Grade Bond ETF | 4.06% | 4.04% | 4.08% | 4.12% | 4.19% | 3.52% | 3.34% | 3.41% | 3.60% | 4.34% | 4.69% | 5.05% |
RQP.TO RBC Target 2027 Canadian Corporate Bond Index ETF | 3.70% | 3.58% | 3.25% | 3.18% | 2.67% | 2.29% | 0.60% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
FIG.TO and RQP.TO have a correlation of 0.48, 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: CI and RBC.
Find the right allocation for FIG.TO and RQP.TO
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer