RCDC.TO vs. BKCC.TO
Compare and contrast key facts about RBC Canadian Dividend Covered Call ETF (RCDC.TO) and Global X Equal Weight Canadian Bank Covered Call ETF (BKCC.TO).
RCDC.TO and BKCC.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. RCDC.TO is an actively managed fund by RBC. It was launched on Jan 17, 2023. BKCC.TO is an actively managed fund by Global X. It was launched on May 16, 2011.
Performance
RCDC.TO vs. BKCC.TO - Performance Comparison
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RCDC.TO vs. BKCC.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
RCDC.TO RBC Canadian Dividend Covered Call ETF | 4.14% | 19.29% | 17.27% | 2.39% |
BKCC.TO Global X Equal Weight Canadian Bank Covered Call ETF | 0.86% | 28.05% | 17.14% | 0.33% |
Returns By Period
In the year-to-date period, RCDC.TO achieves a 4.14% return, which is significantly higher than BKCC.TO's 0.86% return.
RCDC.TO
- 1D
- 1.42%
- 1M
- -1.78%
- YTD
- 4.14%
- 6M
- 9.56%
- 1Y
- 23.28%
- 3Y*
- 15.71%
- 5Y*
- —
- 10Y*
- —
BKCC.TO
- 1D
- 1.85%
- 1M
- -3.78%
- YTD
- 0.86%
- 6M
- 10.61%
- 1Y
- 33.59%
- 3Y*
- 16.79%
- 5Y*
- 9.57%
- 10Y*
- 8.51%
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RCDC.TO vs. BKCC.TO - Expense Ratio Comparison
RCDC.TO has a 0.64% expense ratio, which is lower than BKCC.TO's 0.84% expense ratio.
Return for Risk
RCDC.TO vs. BKCC.TO — Risk / Return Rank
RCDC.TO
BKCC.TO
RCDC.TO vs. BKCC.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for RBC Canadian Dividend Covered Call ETF (RCDC.TO) and Global X Equal Weight Canadian Bank Covered Call ETF (BKCC.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.
| RCDC.TO | BKCC.TO | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.11 | 2.94 | -0.83 |
Sortino ratioReturn per unit of downside risk | 2.80 | 3.88 | -1.08 |
Omega ratioGain probability vs. loss probability | 1.46 | 1.61 | -0.15 |
Calmar ratioReturn relative to maximum drawdown | 2.51 | 4.43 | -1.92 |
Martin ratioReturn relative to average drawdown | 13.84 | 18.46 | -4.62 |
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
| RCDC.TO | BKCC.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.11 | 2.94 | -0.83 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.72 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.50 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.31 | -0.00 | +1.31 |
Correlation
The correlation between RCDC.TO and BKCC.TO is 0.50, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
RCDC.TO vs. BKCC.TO - Dividend Comparison
RCDC.TO's dividend yield for the trailing twelve months is around 6.55%, less than BKCC.TO's 9.64% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RCDC.TO RBC Canadian Dividend Covered Call ETF | 6.55% | 6.38% | 6.46% | 6.49% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
BKCC.TO Global X Equal Weight Canadian Bank Covered Call ETF | 9.64% | 10.43% | 12.30% | 10.93% | 8.23% | 5.52% | 5.92% | 5.44% | 6.24% | 5.76% | 5.79% | 7.35% |
Drawdowns
RCDC.TO vs. BKCC.TO - Drawdown Comparison
The maximum RCDC.TO drawdown since its inception was -10.88%, smaller than the maximum BKCC.TO drawdown of -100.33%. Use the drawdown chart below to compare losses from any high point for RCDC.TO and BKCC.TO.
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Drawdown Indicators
| RCDC.TO | BKCC.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -10.88% | -100.33% | +89.45% |
Max Drawdown (1Y)Largest decline over 1 year | -9.25% | -7.71% | -1.54% |
Max Drawdown (5Y)Largest decline over 5 years | — | -26.02% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -41.18% | — |
Current DrawdownCurrent decline from peak | -2.31% | -100.00% | +97.69% |
Average DrawdownAverage peak-to-trough decline | -1.95% | -99.92% | +97.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.67% | 1.85% | -0.18% |
Volatility
RCDC.TO vs. BKCC.TO - Volatility Comparison
The current volatility for RBC Canadian Dividend Covered Call ETF (RCDC.TO) is 3.73%, while Global X Equal Weight Canadian Bank Covered Call ETF (BKCC.TO) has a volatility of 5.34%. This indicates that RCDC.TO experiences smaller price fluctuations and is considered to be less risky than BKCC.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RCDC.TO | BKCC.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.73% | 5.34% | -1.61% |
Volatility (6M)Calculated over the trailing 6-month period | 6.70% | 8.22% | -1.52% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.10% | 11.49% | -0.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.22% | 13.37% | -3.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.22% | 16.97% | -6.75% |