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

RBO.TO vs. RUD.TO

Last updated Jul 16, 2026
Documentation

RBO.TO (RBC 1-5 Year Laddered Canadian Corporate Bond ETF) and RUD.TO (RBC Quant U.S. Dividend Leaders ETF (CAD)) are both exchange-traded funds - RBO.TO is a Corporate Bonds fund actively managed by RBC, while RUD.TO is a Large Cap Blend Equities fund actively managed by RBC. Both are actively managed. Over the past 10 years, RBO.TO returned 2.40%/yr vs 16.92%/yr for RUD.TO. At a 0.05 correlation, their price movements are largely independent.

Performance

RBO.TO vs. RUD.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 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, RBO.TO achieves a 1.41% return, which is significantly lower than RUD.TO's 12.65% return. Over the past 10 years, RBO.TO has underperformed RUD.TO with an annualized return of 2.40%, while RUD.TO has yielded a comparatively higher 16.92% 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%

RUD.TO

1D
0.23%
1M
1.53%
6M
9.91%
YTD
12.65%
1Y
21.63%
3Y*
18.95%
5Y*
15.88%
10Y*
16.92%
*Multi-year figures are annualized to reflect compound growth (CAGR)

RBO.TO vs. RUD.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%
RUD.TO
RBC Quant U.S. Dividend Leaders ETF (CAD)		12.65%7.35%25.76%23.90%-15.14%54.34%13.61%25.93%6.03%14.39%

Correlation

The correlation between RBO.TO and RUD.TO is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.

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

0.25

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

0.14

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

0.08

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

0.05

Correlation (All Time)
Calculated using the full available price history since Jan 17, 2014

0.05

The correlation between RBO.TO and RUD.TO shifts across timeframes, from 0.05 (all time) to 0.25 (1 year), 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.

RBC 1-5 Year Laddered Canadian Corporate Bond ETF

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

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. XDIV.TO

Return for Risk

RBO.TO vs. RUD.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
RUD.TO
RUD.TO Risk / Return Rank: 7171
Overall Rank
RUD.TO Sharpe Ratio Rank: 6767
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: 7777
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. RUD.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 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.

RBO.TORUD.TODifference
Sharpe ratioReturn per unit of total volatility
1.54
1.75

-0.21

Sortino ratioReturn per unit of downside risk
2.20
2.41

-0.21

Omega ratioGain probability vs. loss probability

1.30

1.32

-0.02

Calmar ratioReturn relative to maximum drawdown

1.92

3.27

-1.35

Martin ratioReturn relative to average drawdown

6.93

11.63

-4.70

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

The current RBO.TO Sharpe Ratio is 1.54, which is comparable to the RUD.TO Sharpe Ratio of 1.75. The chart below compares the historical Sharpe Ratios of RBO.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

RBO.TO vs. RUD.TO - Drawdown Comparison

The maximum RBO.TO drawdown since its inception was -20.46%, smaller than the maximum RUD.TO drawdown of -35.99%. Use the drawdown chart below to compare losses from any high point for RBO.TO and RUD.TO.

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Drawdown Indicators

RBO.TORUD.TODifference

Max Drawdown

Largest peak-to-trough decline

-20.46%

-35.99%

+15.53%

Max Drawdown (1Y)

Largest decline over 1 year

-1.75%

-6.65%

+4.90%

Max Drawdown (3Y)

Largest decline over 3 years

-1.75%

-28.31%

+26.56%

Max Drawdown (5Y)

Largest decline over 5 years

-7.89%

-28.31%

+20.42%

Max Drawdown (10Y)

Largest decline over 10 years

-20.46%

-35.99%

+15.53%

Current Drawdown

Current decline from peak

-0.16%

-0.64%

+0.48%

Average Drawdown

Average peak-to-trough decline

-1.34%

-10.04%

+8.70%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.48%

1.86%

-1.38%

Volatility

RBO.TO vs. RUD.TO - Volatility Comparison

The current volatility for RBC 1-5 Year Laddered Canadian Corporate Bond ETF (RBO.TO) is 0.41%, while RBC Quant U.S. Dividend Leaders ETF (CAD) (RUD.TO) has a volatility of 2.63%. This indicates that RBO.TO experiences smaller price fluctuations and is considered to be less risky 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

RBO.TORUD.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

0.41%

2.63%

-2.22%

Volatility (6M)

Calculated over the trailing 6-month period

1.81%

9.35%

-7.54%

Volatility (1Y)

Calculated over the trailing 1-year period

2.18%

12.42%

-10.24%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

2.95%

34.44%

-31.49%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

7.74%

44.70%

-36.96%

Dividends

RBO.TO vs. RUD.TO - Dividend Comparison

RBO.TO's dividend yield for the trailing twelve months is around 3.90%, more than RUD.TO's 1.36% 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%
RUD.TO
RBC Quant U.S. Dividend Leaders ETF (CAD)		1.36%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

RBO.TO and RUD.TO have a correlation of 0.25, 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 RUD.TO is Large Cap Blend Equities.

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