MFT.TO vs. RUSB.TO
MFT.TO (Mackenzie Floating Rate Income ETF) and RUSB.TO (RBC Short Term U.S. Corporate Bond ETF) are both exchange-traded funds - MFT.TO is a Corporate Bonds fund actively managed by Mackenzie, while RUSB.TO is a Short-Term Bond fund actively managed by RBC. Both are actively managed. Over the past 5 years, MFT.TO returned 3.71%/yr vs 4.61%/yr for RUSB.TO. At a correlation of -0.02, they often move in opposite directions.
Performance
MFT.TO vs. RUSB.TO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, MFT.TO achieves a 2.53% return, which is significantly lower than RUSB.TO's 3.34% return.
MFT.TO
- 1D
- 0.00%
- 1M
- 0.67%
- 6M
- 2.08%
- YTD
- 2.53%
- 1Y
- 2.43%
- 3Y*
- 5.49%
- 5Y*
- 3.71%
- 10Y*
- 4.41%
RUSB.TO
- 1D
- -1.54%
- 1M
- 0.69%
- 6M
- 1.97%
- YTD
- 3.34%
- 1Y
- 6.49%
- 3Y*
- 7.53%
- 5Y*
- 4.61%
- 10Y*
- —
MFT.TO vs. RUSB.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MFT.TO Mackenzie Floating Rate Income ETF | 2.53% | 0.81% | 8.84% | 11.99% | -6.31% | 5.56% | -0.64% | 6.00% | 2.29% | 1.14% |
RUSB.TO RBC Short Term U.S. Corporate Bond ETF | 3.34% | 1.61% | 13.88% | 3.94% | -0.28% | -0.52% | 1.46% | 2.36% | 7.83% | -0.13% |
Correlation
The correlation between MFT.TO and RUSB.TO is -0.02, 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 | -0.02 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.00 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.00 |
Correlation (All Time) Calculated using the full available price history since Nov 3, 2017 | -0.02 |
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
MFT.TO vs. RUSB.TO — Risk / Return Rank
MFT.TO
RUSB.TO
MFT.TO vs. RUSB.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Mackenzie Floating Rate Income ETF (MFT.TO) and RBC Short Term U.S. Corporate Bond ETF (RUSB.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.
| MFT.TO | RUSB.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.07 | ||
| Sortino ratioReturn per unit of downside risk | -0.03 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.22 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 1.84 | 1.81 | +0.03 |
| Martin ratioReturn relative to average drawdown | 4.39 | 3.97 | +0.42 |
Loading charts...
Drawdowns
MFT.TO vs. RUSB.TO - Drawdown Comparison
The maximum MFT.TO drawdown since its inception was -20.87%, which is greater than RUSB.TO's maximum drawdown of -14.28%. Use the drawdown chart below to compare losses from any high point for MFT.TO and RUSB.TO.
Loading charts...
Drawdown Indicators
| MFT.TO | RUSB.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.87% | -14.28% | -6.59% |
Max Drawdown (1Y)Largest decline over 1 year | -1.33% | -3.60% | +2.27% |
Max Drawdown (3Y)Largest decline over 3 years | -3.40% | -5.26% | +1.86% |
Max Drawdown (5Y)Largest decline over 5 years | -7.45% | -8.10% | +0.65% |
Max Drawdown (10Y)Largest decline over 10 years | -20.87% | — | — |
Current DrawdownCurrent decline from peak | 0.00% | -1.54% | +1.54% |
Average DrawdownAverage peak-to-trough decline | -1.38% | -4.11% | +2.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.55% | 1.64% | -1.09% |
Volatility
MFT.TO vs. RUSB.TO - Volatility Comparison
The current volatility for Mackenzie Floating Rate Income ETF (MFT.TO) is 0.79%, while RBC Short Term U.S. Corporate Bond ETF (RUSB.TO) has a volatility of 2.05%. This indicates that MFT.TO experiences smaller price fluctuations and is considered to be less risky than RUSB.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| MFT.TO | RUSB.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.79% | 2.05% | -1.26% |
Volatility (6M)Calculated over the trailing 6-month period | 1.80% | 4.25% | -2.45% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.61% | 6.45% | -3.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.71% | 7.05% | -3.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.10% | 6.96% | -1.86% |
Dividends
MFT.TO vs. RUSB.TO - Dividend Comparison
MFT.TO's dividend yield for the trailing twelve months is around 8.29%, more than RUSB.TO's 4.13% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
MFT.TO Mackenzie Floating Rate Income ETF | 8.29% | 8.57% | 9.44% | 10.40% | 6.26% | 3.89% | 6.18% | 6.97% | 6.14% | 4.84% | 3.94% |
RUSB.TO RBC Short Term U.S. Corporate Bond ETF | 4.13% | 3.96% | 3.38% | 3.26% | 2.48% | 2.30% | 2.78% | 2.80% | 1.90% | 0.41% | 0.00% |
Frequently Asked Questions
MFT.TO and RUSB.TO have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MFT.TO is categorized as Corporate Bonds, while RUSB.TO is Short-Term Bond. They also come from different issuers: Mackenzie and RBC.
Find the right allocation for MFT.TO and RUSB.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