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RBO.TO vs. RIDH.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

RBO.TO vs. RIDH.TO

Last updated Jul 16, 2026
Documentation

RBO.TO (RBC 1-5 Year Laddered Canadian Corporate Bond ETF) and RIDH.TO (RBC Quant EAFE Dividend Leaders (CAD Hedged) ETF) are both exchange-traded funds - RBO.TO is a Corporate Bonds fund actively managed by RBC, while RIDH.TO is a Foreign Large Cap Equities fund actively managed by RBC. Both are actively managed. Over the past 10 years, RBO.TO returned 2.40%/yr vs 11.04%/yr for RIDH.TO. At a 0.01 correlation, their price movements are largely independent.

Performance

RBO.TO vs. RIDH.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in RBC 1-5 Year Laddered Canadian Corporate Bond ETF (RBO.TO) and RBC Quant EAFE Dividend Leaders (CAD Hedged) ETF (RIDH.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, RBO.TO achieves a 1.41% return, which is significantly lower than RIDH.TO's 15.46% return. Over the past 10 years, RBO.TO has underperformed RIDH.TO with an annualized return of 2.40%, while RIDH.TO has yielded a comparatively higher 11.04% annualized return.

RBO.TO

1D
0.16%
1M
-0.08%
6M
0.93%
YTD
1.41%
1Y
3.34%
3Y*
5.41%
5Y*
2.32%
10Y*
2.40%

RIDH.TO

1D
-0.02%
1M
1.56%
6M
11.06%
YTD
15.46%
1Y
35.68%
3Y*
22.91%
5Y*
14.84%
10Y*
11.04%
*Multi-year figures are annualized to reflect compound growth (CAGR)

RBO.TO vs. RIDH.TO - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
RBO.TO
RBC 1-5 Year Laddered Canadian Corporate Bond ETF		1.41%4.23%6.06%6.16%-5.32%-1.20%6.09%5.07%0.88%0.75%
RIDH.TO
RBC Quant EAFE Dividend Leaders (CAD Hedged) ETF		15.46%32.49%12.69%17.54%-3.96%19.17%-4.59%19.55%-9.26%9.71%

Correlation

The correlation between RBO.TO and RIDH.TO is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.

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

0.36

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

0.14

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

0.09

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

0.02

Correlation (All Time)
Calculated using the full available price history since Oct 28, 2014

0.01

Over the past year, RBO.TO and RIDH.TO have become more correlated (0.36) than their long-term average of 0.01, meaning their price movements have been converging.

Compare stocks, funds, or ETFs

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RBC 1-5 Year Laddered Canadian Corporate Bond ETF

RBC Quant EAFE Dividend Leaders (CAD Hedged) ETF

Often compared with RIDH.TO:
RIDH.TO vs. TILV.TORIDH.TO vs. RPF.TORIDH.TO vs. QDX.TORIDH.TO vs. RCDC.TORIDH.TO vs. FCRI.TORIDH.TO vs. FCIL.NEORIDH.TO vs. RUD.TO

Return for Risk

RBO.TO vs. RIDH.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
RBO.TO
RBO.TO Risk / Return Rank: 5353
Overall Rank
RBO.TO Sharpe Ratio Rank: 5555
Sharpe Ratio Rank
RBO.TO Sortino Ratio Rank: 5555
Sortino Ratio Rank
RBO.TO Omega Ratio Rank: 6060
Omega Ratio Rank
RBO.TO Calmar Ratio Rank: 4646
Calmar Ratio Rank
RBO.TO Martin Ratio Rank: 5050
Martin Ratio Rank
RIDH.TO
RIDH.TO Risk / Return Rank: 9393
Overall Rank
RIDH.TO Sharpe Ratio Rank: 9595
Sharpe Ratio Rank
RIDH.TO Sortino Ratio Rank: 9494
Sortino Ratio Rank
RIDH.TO Omega Ratio Rank: 9494
Omega Ratio Rank
RIDH.TO Calmar Ratio Rank: 8989
Calmar Ratio Rank
RIDH.TO Martin Ratio Rank: 9393
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.

RBO.TO vs. RIDH.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for RBC 1-5 Year Laddered Canadian Corporate Bond ETF (RBO.TO) and RBC Quant EAFE Dividend Leaders (CAD Hedged) ETF (RIDH.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.

RBO.TORIDH.TODifference
Sharpe ratioReturn per unit of total volatility
1.54
2.98

-1.44

Sortino ratioReturn per unit of downside risk
2.20
4.06

-1.86

Omega ratioGain probability vs. loss probability

1.30

1.56

-0.26

Calmar ratioReturn relative to maximum drawdown

1.92

4.14

-2.21

Martin ratioReturn relative to average drawdown

6.93

18.50

-11.57

RBO.TO vs. RIDH.TO - Sharpe Ratio Comparison

The current RBO.TO Sharpe Ratio is 1.54, which is lower than the RIDH.TO Sharpe Ratio of 2.98. The chart below compares the historical Sharpe Ratios of RBO.TO and RIDH.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

RBO.TO vs. RIDH.TO - Drawdown Comparison

The maximum RBO.TO drawdown since its inception was -20.46%, smaller than the maximum RIDH.TO drawdown of -34.53%. Use the drawdown chart below to compare losses from any high point for RBO.TO and RIDH.TO.

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Drawdown Indicators

RBO.TORIDH.TODifference

Max Drawdown

Largest peak-to-trough decline

-20.46%

-34.53%

+14.07%

Max Drawdown (1Y)

Largest decline over 1 year

-1.75%

-8.67%

+6.92%

Max Drawdown (3Y)

Largest decline over 3 years

-1.75%

-14.33%

+12.58%

Max Drawdown (5Y)

Largest decline over 5 years

-7.89%

-15.01%

+7.12%

Max Drawdown (10Y)

Largest decline over 10 years

-20.46%

-34.53%

+14.07%

Current Drawdown

Current decline from peak

-0.16%

-0.02%

-0.14%

Average Drawdown

Average peak-to-trough decline

-1.34%

-4.40%

+3.06%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.48%

1.93%

-1.45%

Volatility

RBO.TO vs. RIDH.TO - Volatility Comparison

The current volatility for RBC 1-5 Year Laddered Canadian Corporate Bond ETF (RBO.TO) is 0.41%, while RBC Quant EAFE Dividend Leaders (CAD Hedged) ETF (RIDH.TO) has a volatility of 3.14%. This indicates that RBO.TO experiences smaller price fluctuations and is considered to be less risky than RIDH.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

RBO.TORIDH.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

0.41%

3.14%

-2.73%

Volatility (6M)

Calculated over the trailing 6-month period

1.81%

9.92%

-8.11%

Volatility (1Y)

Calculated over the trailing 1-year period

2.18%

12.02%

-9.84%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

2.95%

13.76%

-10.81%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

7.74%

15.76%

-8.02%

Dividends

RBO.TO vs. RIDH.TO - Dividend Comparison

RBO.TO's dividend yield for the trailing twelve months is around 3.90%, more than RIDH.TO's 3.02% yield.

PositionTTM20252024202320222021202020192018201720162015
RBO.TO
RBC 1-5 Year Laddered Canadian Corporate Bond ETF		3.90%3.67%3.35%2.56%2.64%2.32%2.41%2.77%2.96%3.02%3.26%3.54%
RIDH.TO
RBC Quant EAFE Dividend Leaders (CAD Hedged) ETF		3.02%3.10%3.69%3.70%4.41%2.63%3.63%4.07%4.55%2.91%3.33%3.28%

Frequently Asked Questions

RBO.TO and RIDH.TO have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

RBO.TO is categorized as Corporate Bonds, while RIDH.TO is Foreign Large Cap Equities.

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