RCDC.TO vs. LLHE.TO
RCDC.TO (RBC Canadian Dividend Covered Call ETF) and LLHE.TO (Harvest Eli Lilly Enhanced High Income Shares ETF - Class A Units) are both Derivative Income funds. Both are actively managed. Over the past year, RCDC.TO returned 29.08% vs 49.98% for LLHE.TO. At a 0.21 correlation, their price movements are largely independent. RCDC.TO charges 0.64%/yr vs 0.40%/yr for LLHE.TO.
Performance
RCDC.TO vs. LLHE.TO - Performance Comparison
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Returns By Period
In the year-to-date period, RCDC.TO achieves a 12.49% return, which is significantly higher than LLHE.TO's 3.96% return.
RCDC.TO
- 1D
- 0.08%
- 1M
- 4.61%
- YTD
- 12.49%
- 6M
- 14.54%
- 1Y
- 29.08%
- 3Y*
- 18.86%
- 5Y*
- —
- 10Y*
- —
LLHE.TO
- 1D
- 1.73%
- 1M
- 14.44%
- YTD
- 3.96%
- 6M
- 8.11%
- 1Y
- 49.98%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
RCDC.TO vs. LLHE.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
RCDC.TO RBC Canadian Dividend Covered Call ETF | 12.49% | 19.29% | 7.17% |
LLHE.TO Harvest Eli Lilly Enhanced High Income Shares ETF - Class A Units | 3.96% | 29.60% | -16.36% |
Correlation
The correlation between RCDC.TO and LLHE.TO is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.19 |
Correlation (All Time) Calculated using the full available price history since Aug 22, 2024 | 0.21 |
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Return for Risk
RCDC.TO vs. LLHE.TO — Risk / Return Rank
RCDC.TO
LLHE.TO
RCDC.TO vs. LLHE.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 Harvest Eli Lilly Enhanced High Income Shares ETF - Class A Units (LLHE.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 | LLHE.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.29 | ||
| Sortino ratioReturn per unit of downside risk | +3.34 | ||
| Omega ratioGain probability vs. loss probability | 1.67 | 1.25 | +0.42 |
| Calmar ratioReturn relative to maximum drawdown | 5.38 | 2.00 | +3.38 |
| Martin ratioReturn relative to average drawdown | 26.80 | 5.13 | +21.67 |
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 | LLHE.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.54 | 1.25 | +2.29 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.50 | 0.17 | +1.33 |
Drawdowns
RCDC.TO vs. LLHE.TO - Drawdown Comparison
The maximum RCDC.TO drawdown since its inception was -10.88%, smaller than the maximum LLHE.TO drawdown of -37.80%. Use the drawdown chart below to compare losses from any high point for RCDC.TO and LLHE.TO.
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Drawdown Indicators
| RCDC.TO | LLHE.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -10.88% | -37.80% | +26.92% |
Max Drawdown (1Y)Largest decline over 1 year | -5.43% | -25.14% | +19.71% |
Max Drawdown (3Y)Largest decline over 3 years | -10.88% | — | — |
Current DrawdownCurrent decline from peak | -0.19% | -2.88% | +2.69% |
Average DrawdownAverage peak-to-trough decline | -1.87% | -13.72% | +11.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.09% | 9.78% | -8.69% |
Volatility
RCDC.TO vs. LLHE.TO - Volatility Comparison
The current volatility for RBC Canadian Dividend Covered Call ETF (RCDC.TO) is 2.49%, while Harvest Eli Lilly Enhanced High Income Shares ETF - Class A Units (LLHE.TO) has a volatility of 8.63%. This indicates that RCDC.TO experiences smaller price fluctuations and is considered to be less risky than LLHE.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 | LLHE.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.49% | 8.63% | -6.14% |
Volatility (6M)Calculated over the trailing 6-month period | 6.71% | 28.97% | -22.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.25% | 40.18% | -31.93% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.15% | 41.78% | -31.63% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.15% | 41.78% | -31.63% |
RCDC.TO vs. LLHE.TO - Expense Ratio Comparison
RCDC.TO has a 0.64% expense ratio, which is higher than LLHE.TO's 0.40% expense ratio.
Dividends
RCDC.TO vs. LLHE.TO - Dividend Comparison
RCDC.TO's dividend yield for the trailing twelve months is around 6.33%, less than LLHE.TO's 21.31% yield.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
LLHE.TO Harvest Eli Lilly Enhanced High Income Shares ETF - Class A Units | 21.31% | 20.89% | 7.40% | 0.00% |
RCDC.TO RBC Canadian Dividend Covered Call ETF | 6.33% | 6.38% | 6.46% | 6.49% |
Frequently Asked Questions
RCDC.TO and LLHE.TO have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, LLHE.TO is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.
LLHE.TO is cheaper with a 0.40% expense ratio, compared with 0.64% for RCDC.TO.
They also come from different issuers: RBC and Harvest. Their fees differ too: 0.64% for RCDC.TO and 0.40% for LLHE.TO.
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