RCD.TO vs. PDIV.TO
Compare and contrast key facts about RBC Quant Canadian Dividend Leaders ETF (RCD.TO) and Purpose Enhanced Dividend Fund ETF (PDIV.TO).
RCD.TO and PDIV.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. RCD.TO is managed by RBC. PDIV.TO is an actively managed fund by Purpose Investments. It was launched on Jan 2, 2018.
Performance
RCD.TO vs. PDIV.TO - Performance Comparison
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RCD.TO vs. PDIV.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RCD.TO RBC Quant Canadian Dividend Leaders ETF | 5.56% | 21.74% | 10.79% | 10.31% | -3.37% | 27.62% | -1.89% | 21.59% | -11.38% | 5.76% |
PDIV.TO Purpose Enhanced Dividend Fund ETF | 1.14% | 15.82% | 10.71% | 4.64% | -4.40% | 20.18% | -1.15% | 23.57% | -15.24% | 26.84% |
Returns By Period
In the year-to-date period, RCD.TO achieves a 5.56% return, which is significantly higher than PDIV.TO's 1.14% return. Over the past 10 years, RCD.TO has outperformed PDIV.TO with an annualized return of 9.46%, while PDIV.TO has yielded a comparatively lower 8.91% annualized return.
RCD.TO
- 1D
- 2.11%
- 1M
- -3.55%
- YTD
- 5.56%
- 6M
- 2.79%
- 1Y
- 23.94%
- 3Y*
- 14.80%
- 5Y*
- 11.74%
- 10Y*
- 9.46%
PDIV.TO
- 1D
- 1.48%
- 1M
- -3.00%
- YTD
- 1.14%
- 6M
- 5.00%
- 1Y
- 13.80%
- 3Y*
- 9.78%
- 5Y*
- 7.84%
- 10Y*
- 8.91%
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RCD.TO vs. PDIV.TO - Expense Ratio Comparison
RCD.TO has a 0.43% expense ratio, which is lower than PDIV.TO's 0.77% expense ratio.
Return for Risk
RCD.TO vs. PDIV.TO — Risk / Return Rank
RCD.TO
PDIV.TO
RCD.TO vs. PDIV.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for RBC Quant Canadian Dividend Leaders ETF (RCD.TO) and Purpose Enhanced Dividend Fund ETF (PDIV.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.
| RCD.TO | PDIV.TO | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.62 | 1.45 | +0.16 |
Sortino ratioReturn per unit of downside risk | 1.90 | 1.99 | -0.09 |
Omega ratioGain probability vs. loss probability | 1.35 | 1.33 | +0.02 |
Calmar ratioReturn relative to maximum drawdown | 2.45 | 1.74 | +0.71 |
Martin ratioReturn relative to average drawdown | 8.30 | 8.94 | -0.65 |
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
| RCD.TO | PDIV.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.62 | 1.45 | +0.16 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.89 | 0.80 | +0.10 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.66 | 0.64 | +0.02 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.52 | 0.59 | -0.07 |
Correlation
The correlation between RCD.TO and PDIV.TO is 0.35, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
RCD.TO vs. PDIV.TO - Dividend Comparison
RCD.TO's dividend yield for the trailing twelve months is around 3.05%, less than PDIV.TO's 12.30% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RCD.TO RBC Quant Canadian Dividend Leaders ETF | 3.05% | 3.07% | 3.17% | 3.39% | 3.36% | 2.34% | 3.45% | 3.12% | 3.64% | 3.01% | 3.08% | 3.62% |
PDIV.TO Purpose Enhanced Dividend Fund ETF | 12.30% | 12.24% | 12.35% | 11.84% | 6.38% | 5.59% | 6.33% | 5.85% | 6.80% | 25.71% | 5.38% | 8.10% |
Drawdowns
RCD.TO vs. PDIV.TO - Drawdown Comparison
The maximum RCD.TO drawdown since its inception was -38.07%, which is greater than PDIV.TO's maximum drawdown of -30.64%. Use the drawdown chart below to compare losses from any high point for RCD.TO and PDIV.TO.
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Drawdown Indicators
| RCD.TO | PDIV.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.07% | -30.64% | -7.43% |
Max Drawdown (1Y)Largest decline over 1 year | -10.15% | -8.36% | -1.79% |
Max Drawdown (5Y)Largest decline over 5 years | -16.68% | -14.96% | -1.72% |
Max Drawdown (10Y)Largest decline over 10 years | -38.07% | -30.64% | -7.43% |
Current DrawdownCurrent decline from peak | -4.33% | -3.25% | -1.08% |
Average DrawdownAverage peak-to-trough decline | -5.48% | -4.40% | -1.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.00% | 1.63% | +1.37% |
Volatility
RCD.TO vs. PDIV.TO - Volatility Comparison
RBC Quant Canadian Dividend Leaders ETF (RCD.TO) has a higher volatility of 4.99% compared to Purpose Enhanced Dividend Fund ETF (PDIV.TO) at 3.48%. This indicates that RCD.TO's price experiences larger fluctuations and is considered to be riskier than PDIV.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RCD.TO | PDIV.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.99% | 3.48% | +1.51% |
Volatility (6M)Calculated over the trailing 6-month period | 12.70% | 5.58% | +7.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.88% | 9.56% | +5.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.22% | 9.89% | +3.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.47% | 13.96% | +0.51% |