RBNK.TO vs. XEG.TO
RBNK.TO (RBC Canadian Bank Yield Index ETF) and XEG.TO (iShares S&P/TSX Capped Energy Index ETF) are both exchange-traded funds - RBNK.TO is a Financials Equities fund tracking the Solactive Canada Bank Yield Index, while XEG.TO is a Energy Equities fund tracking the S&P/TSX Capped Energy Index. Both are passively managed. Over the past 5 years, RBNK.TO returned 20.65%/yr vs 32.72%/yr for XEG.TO. Their 0.36 correlation means their historical movements had little consistent relationship. RBNK.TO charges 0.32%/yr vs 0.60%/yr for XEG.TO.
Performance
RBNK.TO vs. XEG.TO - Performance Comparison
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Returns By Period
In the year-to-date period, RBNK.TO achieves a 33.54% return, which is significantly lower than XEG.TO's 46.30% return.
RBNK.TO
- 1D
- 0.24%
- 1M
- 1.65%
- 6M
- 32.63%
- YTD
- 33.54%
- 1Y
- 69.99%
- 3Y*
- 36.09%
- 5Y*
- 20.65%
- 10Y*
- —
- ALL TIME*
- 16.00%
XEG.TO
- 1D
- 0.69%
- 1M
- 15.08%
- 6M
- 31.52%
- YTD
- 46.30%
- 1Y
- 65.86%
- 3Y*
- 24.75%
- 5Y*
- 32.72%
- 10Y*
- 12.29%
- ALL TIME*
- 4.78%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| CA$2.68M | CA$2.48M | CA$2.41M | |
| CA$58.70M | CA$53.16M | CA$56.38M |
RBNK.TO vs. XEG.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RBNK.TO RBC Canadian Bank Yield Index ETF | 33.54% | 44.94% | 23.12% | 11.05% | -13.12% | 40.33% | 3.38% | 16.86% | -9.12% | 3.92% |
XEG.TO iShares S&P/TSX Capped Energy Index ETF | 46.30% | 16.72% | 14.04% | 3.55% | 53.25% | 83.71% | -34.44% | 9.04% | -27.05% | 5.44% |
Correlation
The correlation between RBNK.TO and XEG.TO is -0.17, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.17 |
Correlation (3Y) Balances recent behavior with more history. | 0.11 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.26 |
Correlation (All Time) Calculated using the full available price history since Oct 19, 2017 | 0.36 |
The correlation between RBNK.TO and XEG.TO shifts across timeframes, from -0.17 (1 year) to 0.36 (all time), reflecting how their relationship changes across market environments.
RBNK.TO vs. XEG.TO - Sectors Allocation Comparison
Sectors
RBNK.TO
XEG.TO
Financial Services
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Basic Materials
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Communication Services
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Consumer Cyclical
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Consumer Defensive
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Energy
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Healthcare
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Industrials
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Real Estate
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Technology
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Utilities
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Financial Services
RBNK.TO
XEG.TO
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Basic Materials
RBNK.TO
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XEG.TO
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Communication Services
RBNK.TO
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XEG.TO
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Consumer Cyclical
RBNK.TO
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XEG.TO
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Consumer Defensive
RBNK.TO
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XEG.TO
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Energy
RBNK.TO
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XEG.TO
Healthcare
RBNK.TO
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XEG.TO
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Industrials
RBNK.TO
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XEG.TO
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Real Estate
RBNK.TO
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XEG.TO
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Technology
RBNK.TO
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XEG.TO
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Utilities
RBNK.TO
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XEG.TO
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Return for Risk
RBNK.TO vs. XEG.TO — Risk / Return Rank
RBNK.TO
XEG.TO
RBNK.TO vs. XEG.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for RBC Canadian Bank Yield Index ETF (RBNK.TO) and iShares S&P/TSX Capped Energy Index ETF (XEG.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.
| RBNK.TO | XEG.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.14 | ||
| Sortino ratioReturn per unit of downside risk | +2.75 | ||
| Omega ratioGain probability vs. loss probability | 1.82 | 1.41 | +0.42 |
| Calmar ratioReturn relative to maximum drawdown | 7.67 | 3.82 | +3.86 |
| Martin ratioReturn relative to average drawdown | 31.78 | 11.60 | +20.18 |
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Drawdowns
RBNK.TO vs. XEG.TO - Drawdown Comparison
The maximum RBNK.TO drawdown since its inception was -39.23%, smaller than the maximum XEG.TO drawdown of -87.51%. Use the drawdown chart below to compare losses from any high point for RBNK.TO and XEG.TO.
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Drawdown Indicators
| RBNK.TO | XEG.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.23% | -87.51% | +48.28% |
Max Drawdown (1Y)Largest decline over 1 year | -9.08% | -16.47% | +7.39% |
Max Drawdown (3Y)Largest decline over 3 years | -13.00% | -25.67% | +12.67% |
Max Drawdown (5Y)Largest decline over 5 years | -28.60% | -28.42% | -0.18% |
Max Drawdown (10Y)Largest decline over 10 years | — | -79.66% | — |
Current DrawdownCurrent decline from peak | -2.75% | -2.70% | -0.05% |
Average DrawdownAverage peak-to-trough decline | -7.43% | -34.46% | +27.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.19% | 5.44% | -3.25% |
Volatility
RBNK.TO vs. XEG.TO - Volatility Comparison
The current volatility for RBC Canadian Bank Yield Index ETF (RBNK.TO) is 6.12%, while iShares S&P/TSX Capped Energy Index ETF (XEG.TO) has a volatility of 8.21%. This indicates that RBNK.TO experiences smaller price fluctuations and is considered to be less risky than XEG.TO 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 | XEG.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.12% | 8.21% | -2.09% |
Volatility (6M)Calculated over the trailing 6-month period | 12.71% | 20.17% | -7.46% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.80% | 24.45% | -9.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.12% | 28.62% | -14.50% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.23% | 33.42% | -15.19% |
RBNK.TO vs. XEG.TO - Expense Ratio Comparison
RBNK.TO has a 0.32% expense ratio, which is lower than XEG.TO's 0.60% expense ratio.
Dividends
RBNK.TO vs. XEG.TO - Dividend Comparison
RBNK.TO's dividend yield for the trailing twelve months is around 2.71%, more than XEG.TO's 2.52% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RBNK.TO RBC Canadian Bank Yield Index ETF | 2.71% | 3.39% | 4.50% | 4.81% | 4.52% | 3.09% | 4.21% | 3.89% | 4.09% | 0.56% | 0.00% | 0.00% |
XEG.TO iShares S&P/TSX Capped Energy Index ETF | 2.52% | 3.63% | 3.46% | 4.26% | 3.31% | 1.64% | 2.96% | 2.70% | 2.25% | 1.41% | 1.40% | 3.58% |
Frequently Asked Questions
RBNK.TO and XEG.TO have a correlation of -0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, RBNK.TO is cheaper at 0.32% per year. The better choice depends on whether you care most about return, fees, risk, or income.
RBNK.TO is cheaper with a 0.32% expense ratio, compared with 0.60% for XEG.TO.
RBNK.TO is categorized as Financials Equities, while XEG.TO is Energy Equities. RBNK.TO tracks Solactive Canada Bank Yield Index, while XEG.TO tracks S&P/TSX Capped Energy Index. They also come from different issuers: RBC and iShares. Their fees differ too: 0.32% for RBNK.TO and 0.60% for XEG.TO.
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