RCPIX vs. RCS
RCPIX (RBC BlueBay Core Plus Bond Fund) and RCS (PIMCO Strategic Income Fund) are both Intermediate Core-Plus Bond funds. Over the past 3 years, RCPIX returned 5.98%/yr vs 7.37%/yr for RCS. Their 0.22 correlation means their historical movements had little consistent relationship.
Performance
RCPIX vs. RCS - Performance Comparison
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Returns By Period
In the year-to-date period, RCPIX achieves a -1.01% return, which is significantly higher than RCS's -2.43% 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%
RCS
- 1D
- 0.39%
- 1M
- -5.47%
- 6M
- -8.32%
- YTD
- -2.43%
- 1Y
- -21.18%
- 3Y*
- 7.37%
- 5Y*
- 1.37%
- 10Y*
- 2.53%
- ALL TIME*
- 6.12%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $661.35K | $644.81K | $738.42K |
RCPIX vs. RCS - 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% |
RCS PIMCO Strategic Income Fund | -2.43% | -21.48% | 37.47% | 37.60% | -18.72% | -5.95% |
Correlation
The correlation between RCPIX and RCS is 0.14, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.14 |
Correlation (3Y) Balances recent behavior with more history. | 0.19 |
Correlation (All Time) Calculated using the full available price history since Nov 2, 2021 | 0.22 |
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Return for Risk
RCPIX vs. RCS — Risk / Return Rank
RCPIX
RCS
RCPIX vs. RCS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for RBC BlueBay Core Plus Bond Fund (RCPIX) and PIMCO Strategic Income Fund (RCS). 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 | RCS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.82 | ||
| Sortino ratioReturn per unit of downside risk | +2.52 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 0.86 | +0.31 |
| Calmar ratioReturn relative to maximum drawdown | 1.05 | -0.64 | +1.69 |
| Martin ratioReturn relative to average drawdown | 2.46 | -0.97 | +3.43 |
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Drawdowns
RCPIX vs. RCS - Drawdown Comparison
The maximum RCPIX drawdown since its inception was -18.89%, smaller than the maximum RCS drawdown of -46.69%. Use the drawdown chart below to compare losses from any high point for RCPIX and RCS.
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Drawdown Indicators
| RCPIX | RCS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.89% | -46.69% | +27.80% |
Max Drawdown (1Y)Largest decline over 1 year | -3.46% | -32.94% | +29.48% |
Max Drawdown (3Y)Largest decline over 3 years | -4.60% | -32.94% | +28.34% |
Max Drawdown (5Y)Largest decline over 5 years | — | -36.18% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -46.69% | — |
Current DrawdownCurrent decline from peak | -3.05% | -30.40% | +27.35% |
Average DrawdownAverage peak-to-trough decline | -5.80% | -9.48% | +3.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.47% | 21.67% | -20.20% |
Volatility
RCPIX vs. RCS - Volatility Comparison
The current volatility for RBC BlueBay Core Plus Bond Fund (RCPIX) is 1.02%, while PIMCO Strategic Income Fund (RCS) has a volatility of 3.03%. This indicates that RCPIX experiences smaller price fluctuations and is considered to be less risky than RCS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RCPIX | RCS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.02% | 3.03% | -2.01% |
Volatility (6M)Calculated over the trailing 6-month period | 3.05% | 16.55% | -13.50% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.86% | 24.22% | -20.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.60% | 25.22% | -19.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.60% | 25.82% | -20.22% |
Dividends
RCPIX vs. RCS - Dividend Comparison
RCPIX's dividend yield for the trailing twelve months is around 6.05%, less than RCS's 9.28% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
RCS PIMCO Strategic Income Fund | 9.28% | 8.62% | 8.03% | 10.07% | 12.39% | 9.01% | 9.57% | 8.44% | 8.93% | 9.50% | 10.92% | 11.17% |
Frequently Asked Questions
RCPIX and RCS have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RCS has higher volatility (3.03%) compared to RCPIX (1.02%). In terms of maximum drawdown, RCPIX dropped -18.89% vs RCS's -46.69%.
RCPIX currently has the higher Sharpe Ratio (0.94 vs -0.87), 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.
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