RCPIX vs. AAIIX

Last updated Aug 1, 2026

RCPIX (RBC BlueBay Core Plus Bond Fund) and AAIIX (Ancora Income Fund) are both Intermediate Core-Plus Bond funds. Over the past 3 years, RCPIX returned 5.98%/yr vs 5.71%/yr for AAIIX. Their 0.44 correlation means their historical movements had little consistent relationship. RCPIX charges 0.45%/yr vs 2.20%/yr for AAIIX.

Performance

RCPIX vs. AAIIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in RBC BlueBay Core Plus Bond Fund (RCPIX) and Ancora Income Fund (AAIIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RCPIX achieves a -1.01% return, which is significantly lower than AAIIX's 1.60% return.

RCPIX

• 1D: 0.00%
• 1M: -1.23%
• 6M: -1.33%
• YTD: -1.01%
• 1Y: 2.57%
• 3Y*: 5.98%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 1.50%

AAIIX

• 1D: 0.14%
• 1M: 0.21%
• 6M: -0.16%
• YTD: 1.60%
• 1Y: 3.74%
• 3Y*: 5.71%
• 5Y*: 1.69%
• 10Y*: 2.77%
• ALL TIME*: 1.64%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
AAIIX Ancora Income Fund	$0.00	$0.00	$0.00
RCPIX RBC BlueBay Core Plus Bond Fund	$0.00	$0.00	$0.00

RCPIX vs. AAIIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
RCPIX RBC BlueBay Core Plus Bond Fund	-1.01%	8.16%	5.97%	9.64%	-13.59%	-0.20%
AAIIX Ancora Income Fund	1.60%	2.28%	9.23%	9.46%	-14.32%	0.38%

Correlation

The correlation between RCPIX and AAIIX is 0.52, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.52
Correlation (3Y) Balances recent behavior with more history.	0.50
Correlation (All Time) Calculated using the full available price history since Nov 2, 2021	0.44

The correlation between RCPIX and AAIIX has been stable across timeframes, ranging from 0.44 to 0.52 - a consistent structural relationship.

Return for Risk

RCPIX vs. AAIIX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

RCPIX

RCPIX Risk / Return Rank: 22
RCPIX Sharpe Ratio Rank: 26
RCPIX Sortino Ratio Rank: 24
RCPIX Omega Ratio Rank: 25
RCPIX Calmar Ratio Rank: 20
RCPIX Martin Ratio Rank: 16

AAIIX

AAIIX Risk / Return Rank: 21
AAIIX Sharpe Ratio Rank: 24
AAIIX Sortino Ratio Rank: 23
AAIIX Omega Ratio Rank: 23
AAIIX Calmar Ratio Rank: 19
AAIIX Martin Ratio Rank: 17

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

RCPIX vs. AAIIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for RBC BlueBay Core Plus Bond Fund (RCPIX) and Ancora Income Fund (AAIIX). 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.

	RCPIX	AAIIX	Difference
Sharpe ratio: Return per unit of total volatility	0.94	0.84	+0.11
Sortino ratio: Return per unit of downside risk	1.36	1.21	+0.15
Omega ratio: Gain probability vs. loss probability	1.17	1.15	+0.02
Calmar ratio: Return relative to maximum drawdown	1.05	0.90	+0.15
Martin ratio: Return relative to average drawdown	2.46	2.41	+0.05

RCPIX vs. AAIIX - Sharpe Ratio Comparison

The current RCPIX Sharpe Ratio is 0.94, which is comparable to the AAIIX Sharpe Ratio of 0.84. The chart below compares the historical Sharpe Ratios of RCPIX and AAIIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

RCPIX vs. AAIIX - Drawdown Comparison

The maximum RCPIX drawdown since its inception was -18.89%, smaller than the maximum AAIIX drawdown of -98.01%. Use the drawdown chart below to compare losses from any high point for RCPIX and AAIIX.

Drawdown Indicators

	RCPIX	AAIIX	Difference
Max Drawdown Largest peak-to-trough decline	-18.89%	-98.01%	+79.12%
Max Drawdown (1Y) Largest decline over 1 year	-3.46%	-4.19%	+0.73%
Max Drawdown (3Y) Largest decline over 3 years	-4.60%	-98.01%	+93.41%
Max Drawdown (5Y) Largest decline over 5 years	—	-98.01%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-98.01%	—
Current Drawdown Current decline from peak	-3.05%	-97.80%	+94.75%
Average Drawdown Average peak-to-trough decline	-5.80%	-12.94%	+7.14%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.47%	1.56%	-0.09%

Volatility

RCPIX vs. AAIIX - Volatility Comparison

RBC BlueBay Core Plus Bond Fund (RCPIX) and Ancora Income Fund (AAIIX) have volatilities of 1.02% and 1.07%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RCPIX	AAIIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.02%	1.07%	-0.05%
Volatility (6M) Calculated over the trailing 6-month period	3.05%	3.40%	-0.35%
Volatility (1Y) Calculated over the trailing 1-year period	3.86%	4.50%	-0.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.60%	2,046.08%	-2,040.48%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.60%	1,445.64%	-1,440.04%

RCPIX vs. AAIIX - Expense Ratio Comparison

RCPIX has a 0.45% expense ratio, which is lower than AAIIX's 2.20% expense ratio.

Dividends

RCPIX vs. AAIIX - Dividend Comparison

RCPIX's dividend yield for the trailing twelve months is around 6.05%, more than AAIIX's 4.91% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AAIIX Ancora Income Fund	4.91%	4.09%	4.57%	4.77%	4.52%	4.46%	5.68%	3.96%	4.36%	5.69%	6.40%	6.99%
RCPIX RBC BlueBay Core Plus Bond Fund	5.04%	4.95%	4.37%	4.34%	3.77%	0.21%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both RCPIX and AAIIX in my portfolio?

RCPIX and AAIIX have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RCPIX or AAIIX?

AAIIX has higher volatility (1.07%) compared to RCPIX (1.02%). In terms of maximum drawdown, RCPIX dropped -18.89% vs AAIIX's -98.01%.

Which has better risk-adjusted returns?

RCPIX currently has the higher Sharpe Ratio (0.94 vs 0.84), 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.