PGIC.TO vs. RCDC.TO
PGIC.TO (Premium Global Income Split Corp.) is a stock, while RCDC.TO (RBC Canadian Dividend Covered Call ETF) is Derivative Income fund actively managed by RBC. Over the past 3 years, PGIC.TO returned -13.18%/yr vs 20.17%/yr for RCDC.TO. At a 0.11 correlation, their price movements are largely independent.
Performance
PGIC.TO vs. RCDC.TO - Performance Comparison
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Returns By Period
In the year-to-date period, PGIC.TO achieves a 25.04% return, which is significantly higher than RCDC.TO's 17.89% return.
PGIC.TO
- 1D
- -1.60%
- 1M
- -1.34%
- 6M
- 21.95%
- YTD
- 25.04%
- 1Y
- 38.91%
- 3Y*
- -13.18%
- 5Y*
- -25.94%
- 10Y*
- -10.07%
RCDC.TO
- 1D
- 0.19%
- 1M
- 2.81%
- 6M
- 17.05%
- YTD
- 17.89%
- 1Y
- 31.97%
- 3Y*
- 20.17%
- 5Y*
- —
- 10Y*
- —
PGIC.TO vs. RCDC.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
PGIC.TO Premium Global Income Split Corp. | 25.04% | 4.88% | -50.62% | -52.50% |
RCDC.TO RBC Canadian Dividend Covered Call ETF | 17.89% | 19.29% | 17.27% | 1.66% |
Correlation
The correlation between PGIC.TO and RCDC.TO is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.22 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since Jan 23, 2023 | 0.11 |
The correlation between PGIC.TO and RCDC.TO shifts across timeframes, from 0.11 (3 years) to 0.22 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
PGIC.TO vs. RCDC.TO — Risk / Return Rank
PGIC.TO
RCDC.TO
PGIC.TO vs. RCDC.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Premium Global Income Split Corp. (PGIC.TO) and RBC Canadian Dividend Covered Call ETF (RCDC.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.
| PGIC.TO | RCDC.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.28 | ||
| Sortino ratioReturn per unit of downside risk | -2.01 | ||
| Omega ratioGain probability vs. loss probability | 1.43 | 1.72 | -0.29 |
| Calmar ratioReturn relative to maximum drawdown | 5.71 | 5.91 | -0.20 |
| Martin ratioReturn relative to average drawdown | 20.70 | 29.44 | -8.74 |
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Drawdowns
PGIC.TO vs. RCDC.TO - Drawdown Comparison
The maximum PGIC.TO drawdown since its inception was -98.73%, which is greater than RCDC.TO's maximum drawdown of -10.88%. Use the drawdown chart below to compare losses from any high point for PGIC.TO and RCDC.TO.
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Drawdown Indicators
| PGIC.TO | RCDC.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.73% | -10.88% | -87.85% |
Max Drawdown (1Y)Largest decline over 1 year | -6.85% | -5.43% | -1.42% |
Max Drawdown (3Y)Largest decline over 3 years | -84.94% | -10.88% | -74.06% |
Max Drawdown (5Y)Largest decline over 5 years | -89.13% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -92.52% | — | — |
Current DrawdownCurrent decline from peak | -97.92% | 0.00% | -97.92% |
Average DrawdownAverage peak-to-trough decline | -75.31% | -1.82% | -73.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.88% | 1.09% | +0.79% |
Volatility
PGIC.TO vs. RCDC.TO - Volatility Comparison
Premium Global Income Split Corp. (PGIC.TO) has a higher volatility of 4.68% compared to RBC Canadian Dividend Covered Call ETF (RCDC.TO) at 2.10%. This indicates that PGIC.TO's price experiences larger fluctuations and is considered to be riskier than RCDC.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PGIC.TO | RCDC.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.68% | 2.10% | +2.58% |
Volatility (6M)Calculated over the trailing 6-month period | 12.56% | 6.71% | +5.85% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.50% | 8.46% | +7.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 85.12% | 10.08% | +75.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 92.70% | 10.08% | +82.62% |
Dividends
PGIC.TO vs. RCDC.TO - Dividend Comparison
PGIC.TO's dividend yield for the trailing twelve months is around 13.04%, more than RCDC.TO's 6.17% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
PGIC.TO Premium Global Income Split Corp. | 13.04% | 15.21% | 6.86% | 0.00% | 0.00% | 0.00% | 0.00% | 4.25% |
RCDC.TO RBC Canadian Dividend Covered Call ETF | 6.17% | 6.38% | 6.46% | 6.49% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
PGIC.TO and RCDC.TO have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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