RBNK.TO vs. VOO
Compare and contrast key facts about RBC Canadian Bank Yield Index ETF (RBNK.TO) and Vanguard S&P 500 ETF (VOO).
RBNK.TO and VOO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. RBNK.TO is a passively managed fund by RBC that tracks the performance of the Solactive Canada Bank Yield Index. It was launched on Oct 19, 2017. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010. Both RBNK.TO and VOO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
RBNK.TO vs. VOO - Performance Comparison
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RBNK.TO vs. VOO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RBNK.TO RBC Canadian Bank Yield Index ETF | 1.94% | 44.94% | 22.08% | 11.01% | -13.14% | 40.30% | 3.34% | 16.82% | -9.14% | 3.71% |
VOO Vanguard S&P 500 ETF | -3.12% | 12.42% | 35.71% | 23.54% | -12.34% | 27.63% | 16.32% | 24.91% | 3.60% | 4.02% |
Different Trading Currencies
RBNK.TO is traded in CAD, while VOO is traded in USD. To make them comparable, the VOO values have been converted to CAD using the latest available exchange rates.
Returns By Period
In the year-to-date period, RBNK.TO achieves a 1.94% return, which is significantly higher than VOO's -5.73% return.
RBNK.TO
- 1D
- 2.60%
- 1M
- -4.12%
- YTD
- 1.94%
- 6M
- 13.12%
- 1Y
- 51.38%
- 3Y*
- 25.27%
- 5Y*
- 16.01%
- 10Y*
- —
VOO
- 1D
- 0.00%
- 1M
- -5.74%
- YTD
- -5.73%
- 6M
- -4.57%
- 1Y
- 10.68%
- 3Y*
- 18.32%
- 5Y*
- 13.46%
- 10Y*
- 14.50%
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RBNK.TO vs. VOO - Expense Ratio Comparison
RBNK.TO has a 0.32% expense ratio, which is higher than VOO's 0.03% expense ratio.
Return for Risk
RBNK.TO vs. VOO — Risk / Return Rank
RBNK.TO
VOO
RBNK.TO vs. VOO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for RBC Canadian Bank Yield Index ETF (RBNK.TO) and Vanguard S&P 500 ETF (VOO). 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.
| RBNK.TO | VOO | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 3.79 | 0.61 | +3.18 |
Sortino ratioReturn per unit of downside risk | 4.81 | 0.94 | +3.87 |
Omega ratioGain probability vs. loss probability | 1.73 | 1.15 | +0.58 |
Calmar ratioReturn relative to maximum drawdown | 5.70 | 1.01 | +4.70 |
Martin ratioReturn relative to average drawdown | 22.90 | 3.72 | +19.18 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| RBNK.TO | VOO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.79 | 0.61 | +3.18 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.18 | 0.91 | +0.27 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.89 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.71 | 1.08 | -0.37 |
Correlation
The correlation between RBNK.TO and VOO is 0.47, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
RBNK.TO vs. VOO - Dividend Comparison
RBNK.TO's dividend yield for the trailing twelve months is around 3.47%, more than VOO's 1.19% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RBNK.TO RBC Canadian Bank Yield Index ETF | 3.47% | 3.39% | 4.50% | 4.77% | 4.49% | 3.07% | 4.18% | 3.86% | 4.06% | 0.56% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.19% | 1.13% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% |
Drawdowns
RBNK.TO vs. VOO - Drawdown Comparison
The maximum RBNK.TO drawdown since its inception was -39.08%, which is greater than VOO's maximum drawdown of -27.65%. Use the drawdown chart below to compare losses from any high point for RBNK.TO and VOO.
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Drawdown Indicators
| RBNK.TO | VOO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.08% | -33.99% | -5.09% |
Max Drawdown (1Y)Largest decline over 1 year | -9.08% | -11.98% | +2.90% |
Max Drawdown (5Y)Largest decline over 5 years | -28.64% | -24.52% | -4.12% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.99% | — |
Current DrawdownCurrent decline from peak | -6.41% | -6.29% | -0.12% |
Average DrawdownAverage peak-to-trough decline | -7.69% | -3.72% | -3.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.26% | 2.52% | -0.26% |
Volatility
RBNK.TO vs. VOO - Volatility Comparison
RBC Canadian Bank Yield Index ETF (RBNK.TO) has a higher volatility of 6.29% compared to Vanguard S&P 500 ETF (VOO) at 4.28%. This indicates that RBNK.TO's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RBNK.TO | VOO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.29% | 4.28% | +2.01% |
Volatility (6M)Calculated over the trailing 6-month period | 10.42% | 9.14% | +1.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.64% | 17.76% | -4.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.63% | 14.87% | -1.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.24% | 16.26% | +1.98% |