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

QUU.TO vs. RUD.TO

Last updated Jun 25, 2026

QUU.TO (Mackenzie US Large Cap Equity Index ETF) and RUD.TO (RBC Quant U.S. Dividend Leaders ETF (CAD)) are both Large Cap Blend Equities funds. QUU.TO is passively managed, while RUD.TO is actively managed. Over the past 5 years, QUU.TO returned 15.86%/yr vs 13.43%/yr for RUD.TO. A 0.71 correlation means they provide meaningful diversification when combined. QUU.TO charges 0.07%/yr vs 0.43%/yr for RUD.TO.

Performance

QUU.TO vs. RUD.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Mackenzie US Large Cap Equity Index ETF (QUU.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, QUU.TO achieves a 12.05% return, which is significantly higher than RUD.TO's 10.54% return.

QUU.TO

1D
-0.07%
1M
-0.59%
YTD
12.05%
6M
11.16%
1Y
26.58%
3Y*
24.18%
5Y*
15.86%
10Y*
—

RUD.TO

1D
-0.10%
1M
1.01%
YTD
10.54%
6M
6.51%
1Y
22.83%
3Y*
19.57%
5Y*
13.43%
10Y*
17.30%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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

2026 (YTD)20252024202320222021202020192018
QUU.TO
Mackenzie US Large Cap Equity Index ETF		12.05%13.08%35.77%25.01%-15.10%26.45%18.85%24.81%-1.02%
RUD.TO
RBC Quant U.S. Dividend Leaders ETF (CAD)		10.54%7.35%25.76%23.90%-15.14%54.34%13.61%25.93%2.56%

Correlation

The correlation between QUU.TO and RUD.TO is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.83

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

0.81

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

0.81

Correlation (All Time)
Calculated using the full available price history since Jan 25, 2018

0.71

The correlation between QUU.TO and RUD.TO shifts across timeframes, from 0.71 (all time) to 0.83 (1 year), reflecting how their relationship changes across market environments.

QUU.TO vs. RUD.TO - Sectors Allocation Comparison

Sectors
QUU.TO
RUD.TO

Technology

38.9%
31.1%

Communication Services

10.8%
8.4%

Financial Services

10.7%
12.9%

Consumer Cyclical

9.9%
13.2%

Healthcare

8.4%
8.0%

Industrials

8.3%
8.7%

Consumer Defensive

4.4%
8.4%

Energy

3.2%
5.0%

Utilities

2.1%
3.0%

Basic Materials

1.8%
0.5%

Real Estate

1.6%
0.8%

Technology

QUU.TO
38.9%
RUD.TO
31.1%

Communication Services

QUU.TO
10.8%
RUD.TO
8.4%

Financial Services

QUU.TO
10.7%
RUD.TO
12.9%

Consumer Cyclical

QUU.TO
9.9%
RUD.TO
13.2%

Healthcare

QUU.TO
8.4%
RUD.TO
8.0%

Industrials

QUU.TO
8.3%
RUD.TO
8.7%

Consumer Defensive

QUU.TO
4.4%
RUD.TO
8.4%

Energy

QUU.TO
3.2%
RUD.TO
5.0%

Utilities

QUU.TO
2.1%
RUD.TO
3.0%

Basic Materials

QUU.TO
1.8%
RUD.TO
0.5%

Real Estate

QUU.TO
1.6%
RUD.TO
0.8%

Compare stocks, funds, or ETFs

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Mackenzie US Large Cap Equity Index ETF

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

Often compared with QUU.TO:
QUU.TO vs. XEQT.TOQUU.TO vs. VOOQUU.TO vs. VUN.TOQUU.TO vs. VTIQUU.TO vs. XUS.TOQUU.TO vs. ZNQ.TOQUU.TO vs. ZEA.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

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

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
QUU.TO
QUU.TO Risk / Return Rank: 7171
Overall Rank
QUU.TO Sharpe Ratio Rank: 7575
Sharpe Ratio Rank
QUU.TO Sortino Ratio Rank: 7272
Sortino Ratio Rank
QUU.TO Omega Ratio Rank: 7474
Omega Ratio Rank
QUU.TO Calmar Ratio Rank: 6868
Calmar Ratio Rank
QUU.TO Martin Ratio Rank: 6868
Martin Ratio Rank
RUD.TO
RUD.TO Risk / Return Rank: 6868
Overall Rank
RUD.TO Sharpe Ratio Rank: 6464
Sharpe Ratio Rank
RUD.TO Sortino Ratio Rank: 6262
Sortino Ratio Rank
RUD.TO Omega Ratio Rank: 6565
Omega Ratio Rank
RUD.TO Calmar Ratio Rank: 7575
Calmar Ratio Rank
RUD.TO Martin Ratio Rank: 7474
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.

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

This table presents a comparison of risk-adjusted performance metrics for Mackenzie US Large Cap Equity Index ETF (QUU.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.

QUU.TORUD.TODifference
Sharpe ratioReturn per unit of total volatility
2.11
1.85

+0.27

Sortino ratioReturn per unit of downside risk
2.89
2.53

+0.35

Omega ratioGain probability vs. loss probability

1.39

1.34

+0.04

Calmar ratioReturn relative to maximum drawdown

3.03

3.45

-0.42

Martin ratioReturn relative to average drawdown

11.11

12.28

-1.17

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

The current QUU.TO Sharpe Ratio is 2.11, which is comparable to the RUD.TO Sharpe Ratio of 1.85. The chart below compares the historical Sharpe Ratios of QUU.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

QUU.TO vs. RUD.TO - Drawdown Comparison

The maximum QUU.TO drawdown since its inception was -26.86%, smaller than the maximum RUD.TO drawdown of -35.99%. Use the drawdown chart below to compare losses from any high point for QUU.TO and RUD.TO.

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Drawdown Indicators

QUU.TORUD.TODifference

Max Drawdown

Largest peak-to-trough decline

-26.86%

-35.99%

+9.13%

Max Drawdown (1Y)

Largest decline over 1 year

-8.81%

-6.65%

-2.16%

Max Drawdown (3Y)

Largest decline over 3 years

-19.23%

-28.31%

+9.08%

Max Drawdown (5Y)

Largest decline over 5 years

-24.00%

-28.31%

+4.31%

Max Drawdown (10Y)

Largest decline over 10 years

—

-35.99%

—

Current Drawdown

Current decline from peak

-1.62%

-0.96%

-0.66%

Average Drawdown

Average peak-to-trough decline

-4.40%

-10.08%

+5.68%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.40%

1.86%

+0.54%

Volatility

QUU.TO vs. RUD.TO - Volatility Comparison

Mackenzie US Large Cap Equity Index ETF (QUU.TO) has a higher volatility of 4.52% compared to RBC Quant U.S. Dividend Leaders ETF (CAD) (RUD.TO) at 3.61%. This indicates that QUU.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

QUU.TORUD.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

4.52%

3.61%

+0.91%

Volatility (6M)

Calculated over the trailing 6-month period

9.99%

9.76%

+0.23%

Volatility (1Y)

Calculated over the trailing 1-year period

12.74%

12.42%

+0.32%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

15.39%

35.34%

-19.95%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

17.28%

44.71%

-27.43%

QUU.TO vs. RUD.TO - Expense Ratio Comparison

QUU.TO has a 0.07% expense ratio, which is lower than RUD.TO's 0.43% expense ratio.

Dividends

QUU.TO vs. RUD.TO - Dividend Comparison

QUU.TO's dividend yield for the trailing twelve months is around 0.89%, less than RUD.TO's 1.38% yield.

PositionTTM20252024202320222021202020192018201720162015
QUU.TO
Mackenzie US Large Cap Equity Index ETF		0.89%0.97%1.00%1.21%1.59%0.98%1.34%1.59%1.55%0.00%0.00%0.00%
RUD.TO
RBC Quant U.S. Dividend Leaders ETF (CAD)		1.38%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

QUU.TO and RUD.TO have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, QUU.TO is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.

QUU.TO is cheaper with a 0.07% expense ratio, compared with 0.43% for RUD.TO.

They also come from different issuers: Mackenzie and RBC. Their fees differ too: 0.07% for QUU.TO and 0.43% for RUD.TO.

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