RBSIX vs. TMCIX

Last updated Jun 4, 2026

RBSIX (RBC BlueBay Strategic Income Fund) and TMCIX (RBC SMID Cap Growth Fund) are both mutual funds - RBSIX is a Nontraditional Bonds fund managed by RBC Global Asset Management., while TMCIX is a Mid Cap Growth Equities fund managed by RBC Global Asset Management.. Over the past 3 years, RBSIX returned 7.73%/yr vs 4.97%/yr for TMCIX. At a 0.13 correlation, their price movements are largely independent. RBSIX charges 0.63%/yr vs 0.82%/yr for TMCIX.

Performance

RBSIX vs. TMCIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in RBC BlueBay Strategic Income Fund (RBSIX) and RBC SMID Cap Growth Fund (TMCIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RBSIX achieves a 1.13% return, which is significantly higher than TMCIX's 0.27% return.

RBSIX

• 1D: -0.10%
• 1M: 0.37%
• YTD: 1.13%
• 6M: 1.57%
• 1Y: 5.74%
• 3Y*: 7.73%
• 5Y*: —
• 10Y*: —

TMCIX

• 1D: 0.20%
• 1M: 0.88%
• YTD: 0.27%
• 6M: -0.40%
• 1Y: 6.98%
• 3Y*: 4.97%
• 5Y*: 3.25%
• 10Y*: 9.29%

*Multi-year figures are annualized to reflect compound growth (CAGR)

RBSIX vs. TMCIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
RBSIX RBC BlueBay Strategic Income Fund	1.13%	5.50%	9.33%	9.74%	0.35%	-0.21%
TMCIX RBC SMID Cap Growth Fund	0.27%	-0.79%	6.78%	17.32%	-16.59%	0.92%

Correlation

The correlation between RBSIX and TMCIX is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.22
Correlation (3Y) Calculated over the trailing 3-year period	0.12
Correlation (All Time) Calculated using the full available price history since Nov 3, 2021	0.13

The correlation between RBSIX and TMCIX shifts across timeframes, from 0.12 (3 years) to 0.22 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

RBSIX vs. TMCIX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

RBSIX

RBSIX Risk / Return Rank: 91
RBSIX Sharpe Ratio Rank: 98
RBSIX Sortino Ratio Rank: 98
RBSIX Omega Ratio Rank: 97
RBSIX Calmar Ratio Rank: 87
RBSIX Martin Ratio Rank: 76

TMCIX

TMCIX Risk / Return Rank: 7
TMCIX Sharpe Ratio Rank: 7
TMCIX Sortino Ratio Rank: 7
TMCIX Omega Ratio Rank: 6
TMCIX Calmar Ratio Rank: 7
TMCIX Martin Ratio Rank: 7

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.

RBSIX vs. TMCIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for RBC BlueBay Strategic Income Fund (RBSIX) and RBC SMID Cap Growth Fund (TMCIX). 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.

	RBSIX	TMCIX	Difference
Sharpe ratio: Return per unit of total volatility	3.83	0.53	+3.29
Sortino ratio: Return per unit of downside risk	6.30	0.90	+5.40
Omega ratio: Gain probability vs. loss probability	1.97	1.10	+0.87
Calmar ratio: Return relative to maximum drawdown	4.22	0.64	+3.58
Martin ratio: Return relative to average drawdown	14.33	1.83	+12.50
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RBSIX vs. TMCIX - Sharpe Ratio Comparison

The current RBSIX Sharpe Ratio is 3.83, which is higher than the TMCIX Sharpe Ratio of 0.53. The chart below compares the historical Sharpe Ratios of RBSIX and TMCIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	RBSIX	TMCIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.83	0.53	+3.29
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.16	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.45	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.59	0.26	+1.32

Drawdowns

RBSIX vs. TMCIX - Drawdown Comparison

The maximum RBSIX drawdown since its inception was -4.09%, smaller than the maximum TMCIX drawdown of -57.70%. Use the drawdown chart below to compare losses from any high point for RBSIX and TMCIX.

Drawdown Indicators

	RBSIX	TMCIX	Difference
Max Drawdown Largest peak-to-trough decline	-4.09%	-57.70%	+53.61%
Max Drawdown (1Y) Largest decline over 1 year	-1.37%	-13.76%	+12.39%
Max Drawdown (3Y) Largest decline over 3 years	-4.09%	-25.64%	+21.55%
Max Drawdown (5Y) Largest decline over 5 years	—	-25.64%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-37.34%	—
Current Drawdown Current decline from peak	-0.12%	-6.83%	+6.71%
Average Drawdown Average peak-to-trough decline	-0.78%	-16.57%	+15.79%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.40%	4.78%	-4.38%

Volatility

RBSIX vs. TMCIX - Volatility Comparison

The current volatility for RBC BlueBay Strategic Income Fund (RBSIX) is 0.44%, while RBC SMID Cap Growth Fund (TMCIX) has a volatility of 4.06%. This indicates that RBSIX experiences smaller price fluctuations and is considered to be less risky than TMCIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RBSIX	TMCIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.44%	4.06%	-3.62%
Volatility (6M) Calculated over the trailing 6-month period	1.10%	11.85%	-10.75%
Volatility (1Y) Calculated over the trailing 1-year period	1.51%	16.45%	-14.94%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.54%	20.17%	-16.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.54%	20.76%	-17.22%

RBSIX vs. TMCIX - Expense Ratio Comparison

RBSIX has a 0.63% expense ratio, which is lower than TMCIX's 0.82% expense ratio.

Dividends

RBSIX vs. TMCIX - Dividend Comparison

RBSIX's dividend yield for the trailing twelve months is around 5.83%, less than TMCIX's 7.76% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
RBSIX RBC BlueBay Strategic Income Fund	5.83%	5.31%	4.46%	7.65%	5.37%	0.19%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
TMCIX RBC SMID Cap Growth Fund	7.76%	7.78%	1.32%	2.04%	7.82%	24.68%	2.63%	7.32%	9.26%	22.57%	7.25%	11.05%

Frequently Asked Questions

Can I hold both RBSIX and TMCIX in my portfolio?

RBSIX and TMCIX have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RBSIX or TMCIX?

TMCIX has higher volatility (4.06%) compared to RBSIX (0.44%). In terms of maximum drawdown, RBSIX dropped -4.09% vs TMCIX's -57.70%.

Which has better risk-adjusted returns?

RBSIX currently has the higher Sharpe Ratio (3.83 vs 0.53), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.