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PPL.TO vs. RUD.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

PPL.TO vs. RUD.TO

Last updated Jul 1, 2026
See Documentation

PPL.TO (Pembina Pipeline Corporation) is a stock, while RUD.TO (RBC Quant U.S. Dividend Leaders ETF (CAD)) is Large Cap Blend Equities fund actively managed by RBC. Over the past 10 years, PPL.TO returned 11.34%/yr vs 17.15%/yr for RUD.TO. At a 0.22 correlation, their price movements are largely independent.

Performance

PPL.TO vs. RUD.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Pembina Pipeline Corporation (PPL.TO) and RBC Quant U.S. Dividend Leaders ETF (CAD) (RUD.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, PPL.TO achieves a 28.36% return, which is significantly higher than RUD.TO's 12.00% return. Over the past 10 years, PPL.TO has underperformed RUD.TO with an annualized return of 11.34%, while RUD.TO has yielded a comparatively higher 17.15% annualized return.

PPL.TO

1D
-1.01%
1M
3.16%
YTD
28.36%
6M
28.31%
1Y
34.78%
3Y*
22.67%
5Y*
17.04%
10Y*
11.34%

RUD.TO

1D
0.62%
1M
3.07%
YTD
12.00%
6M
11.39%
1Y
22.78%
3Y*
18.77%
5Y*
16.29%
10Y*
17.15%
*Multi-year figures are annualized to reflect compound growth (CAGR)

PPL.TO vs. RUD.TO - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
PPL.TO
Pembina Pipeline Corporation		28.36%3.76%22.71%5.56%26.63%36.13%-32.39%24.75%-6.28%13.75%
RUD.TO
RBC Quant U.S. Dividend Leaders ETF (CAD)		12.00%7.35%25.76%23.90%-15.14%54.34%13.61%25.93%6.03%14.39%

Correlation

The correlation between PPL.TO and RUD.TO is -0.09, 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

-0.09

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

0.13

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

0.20

Correlation (10Y)
Calculated over the trailing 10-year period

0.23

Correlation (All Time)
Calculated using the full available price history since Jan 15, 2014

0.22

The correlation between PPL.TO and RUD.TO shifts across timeframes, from -0.09 (1 year) to 0.23 (10 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.

Pembina Pipeline Corporation

RBC Quant U.S. Dividend Leaders ETF (CAD)

Often compared with PPL.TO:
PPL.TO vs. ENB.TOPPL.TO vs. KEY.TOPPL.TO vs. CNQ.TOPPL.TO vs. ALA.TOPPL.TO vs. CVE.TOPPL.TO vs. ARX.TOPPL.TO vs. TVE.TO
Often compared with RUD.TO:
RUD.TO vs. VGG.TORUD.TO vs. ZUQ.TORUD.TO vs. ZGQ.TORUD.TO vs. CEW.TORUD.TO vs. FCUV.TORUD.TO vs. XGRO.TORUD.TO vs. QQC.TO

Return for Risk

PPL.TO vs. RUD.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
PPL.TO
PPL.TO Risk / Return Rank: 8585
Overall Rank
PPL.TO Sharpe Ratio Rank: 8989
Sharpe Ratio Rank
PPL.TO Sortino Ratio Rank: 8686
Sortino Ratio Rank
PPL.TO Omega Ratio Rank: 8585
Omega Ratio Rank
PPL.TO Calmar Ratio Rank: 8383
Calmar Ratio Rank
PPL.TO Martin Ratio Rank: 8282
Martin Ratio Rank
RUD.TO
RUD.TO Risk / Return Rank: 7070
Overall Rank
RUD.TO Sharpe Ratio Rank: 6666
Sharpe Ratio Rank
RUD.TO Sortino Ratio Rank: 6464
Sortino Ratio Rank
RUD.TO Omega Ratio Rank: 6767
Omega Ratio Rank
RUD.TO Calmar Ratio Rank: 7878
Calmar Ratio Rank
RUD.TO Martin Ratio Rank: 7676
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.

PPL.TO vs. RUD.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pembina Pipeline Corporation (PPL.TO) and RBC Quant U.S. Dividend Leaders ETF (CAD) (RUD.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.

PPL.TORUD.TODifference
Sharpe ratioReturn per unit of total volatility
1.87
1.84

+0.03

Sortino ratioReturn per unit of downside risk
2.59
2.52

+0.07

Omega ratioGain probability vs. loss probability

1.33

1.34

-0.01

Calmar ratioReturn relative to maximum drawdown

2.72

3.44

-0.72

Martin ratioReturn relative to average drawdown

6.45

12.23

-5.78

PPL.TO vs. RUD.TO - Sharpe Ratio Comparison

The current PPL.TO Sharpe Ratio is 1.87, which is comparable to the RUD.TO Sharpe Ratio of 1.84. The chart below compares the historical Sharpe Ratios of PPL.TO and RUD.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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Drawdowns

PPL.TO vs. RUD.TO - Drawdown Comparison

The maximum PPL.TO drawdown since its inception was -68.76%, which is greater than RUD.TO's maximum drawdown of -35.99%. Use the drawdown chart below to compare losses from any high point for PPL.TO and RUD.TO.

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Drawdown Indicators

PPL.TORUD.TODifference

Max Drawdown

Largest peak-to-trough decline

-68.76%

-35.99%

-32.77%

Max Drawdown (1Y)

Largest decline over 1 year

-12.82%

-6.65%

-6.17%

Max Drawdown (3Y)

Largest decline over 3 years

-16.36%

-28.31%

+11.95%

Max Drawdown (5Y)

Largest decline over 5 years

-20.19%

-28.31%

+8.12%

Max Drawdown (10Y)

Largest decline over 10 years

-68.76%

-35.99%

-32.77%

Current Drawdown

Current decline from peak

-3.08%

0.00%

-3.08%

Average Drawdown

Average peak-to-trough decline

-10.20%

-10.07%

-0.13%

Ulcer Index

Depth and duration of drawdowns from previous peaks

5.41%

1.87%

+3.54%

Volatility

PPL.TO vs. RUD.TO - Volatility Comparison

Pembina Pipeline Corporation (PPL.TO) has a higher volatility of 4.97% compared to RBC Quant U.S. Dividend Leaders ETF (CAD) (RUD.TO) at 3.81%. This indicates that PPL.TO's price experiences larger fluctuations and is considered to be riskier than RUD.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

PPL.TORUD.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

4.97%

3.81%

+1.16%

Volatility (6M)

Calculated over the trailing 6-month period

12.85%

9.36%

+3.49%

Volatility (1Y)

Calculated over the trailing 1-year period

18.64%

12.41%

+6.23%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

18.62%

34.43%

-15.81%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

30.87%

44.70%

-13.83%

Dividends

PPL.TO vs. RUD.TO - Dividend Comparison

PPL.TO's dividend yield for the trailing twelve months is around 4.37%, more than RUD.TO's 1.37% yield.

PositionTTM20252024202320222021202020192018201720162015
PPL.TO
Pembina Pipeline Corporation		4.37%5.39%5.15%5.82%5.55%6.57%8.37%4.90%5.53%4.48%4.52%5.97%
RUD.TO
RBC Quant U.S. Dividend Leaders ETF (CAD)		1.37%1.38%3.43%5.24%5.51%3.38%5.73%6.77%7.06%6.23%6.07%7.42%

Frequently Asked Questions

PPL.TO and RUD.TO have a correlation of -0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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