REEIX vs. RCPIX

Last updated Jul 15, 2026

REEIX (RBC Emerging Markets Equity Fund) and RCPIX (RBC BlueBay Core Plus Bond Fund) are both mutual funds - REEIX is a Emerging Markets Diversified fund managed by RBC Global Asset Management., while RCPIX is a Intermediate Core-Plus Bond fund managed by RBC Global Asset Management.. Over the past 3 years, REEIX returned 18.83%/yr vs 6.51%/yr for RCPIX. At a 0.15 correlation, their price movements are largely independent. REEIX charges 0.88%/yr vs 0.45%/yr for RCPIX.

Performance

REEIX vs. RCPIX - Performance Comparison

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

Returns By Period

In the year-to-date period, REEIX achieves a 17.88% return, which is significantly higher than RCPIX's -0.56% return.

REEIX

• 1D: -3.27%
• 1M: -4.06%
• 6M: 13.42%
• YTD: 17.88%
• 1Y: 36.87%
• 3Y*: 18.83%
• 5Y*: 8.76%
• 10Y*: 9.29%

RCPIX

• 1D: -0.34%
• 1M: -0.76%
• 6M: -0.89%
• YTD: -0.56%
• 1Y: 4.75%
• 3Y*: 6.51%
• 5Y*: —
• 10Y*: —

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

REEIX vs. RCPIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
REEIX RBC Emerging Markets Equity Fund	17.88%	34.54%	6.38%	12.20%	-14.62%	-0.86%
RCPIX RBC BlueBay Core Plus Bond Fund	-0.56%	8.16%	5.97%	9.64%	-13.59%	-0.20%

Correlation

The correlation between REEIX and RCPIX is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.29
Correlation (3Y) Calculated over the trailing 3-year period	0.20
Correlation (All Time) Calculated using the full available price history since Nov 2, 2021	0.15

The correlation between REEIX and RCPIX shifts across timeframes, from 0.15 (all time) to 0.29 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

REEIX vs. RCPIX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

REEIX

REEIX Risk / Return Rank: 57
REEIX Sharpe Ratio Rank: 53
REEIX Sortino Ratio Rank: 45
REEIX Omega Ratio Rank: 61
REEIX Calmar Ratio Rank: 67
REEIX Martin Ratio Rank: 59

RCPIX

RCPIX Risk / Return Rank: 29
RCPIX Sharpe Ratio Rank: 33
RCPIX Sortino Ratio Rank: 33
RCPIX Omega Ratio Rank: 33
RCPIX Calmar Ratio Rank: 25
RCPIX Martin Ratio Rank: 20

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

REEIX vs. RCPIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for RBC Emerging Markets Equity Fund (REEIX) and RBC BlueBay Core Plus Bond Fund (RCPIX). 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.

	REEIX	RCPIX	Difference
Sharpe ratio: Return per unit of total volatility	1.62	1.25	+0.37
Sortino ratio: Return per unit of downside risk	2.12	1.80	+0.32
Omega ratio: Gain probability vs. loss probability	1.32	1.23	+0.09
Calmar ratio: Return relative to maximum drawdown	2.48	1.39	+1.09
Martin ratio: Return relative to average drawdown	9.18	3.58	+5.60

REEIX vs. RCPIX - Sharpe Ratio Comparison

The current REEIX Sharpe Ratio is 1.62, which is comparable to the RCPIX Sharpe Ratio of 1.25. The chart below compares the historical Sharpe Ratios of REEIX and RCPIX, 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

REEIX vs. RCPIX - Drawdown Comparison

The maximum REEIX drawdown since its inception was -35.90%, which is greater than RCPIX's maximum drawdown of -18.89%. Use the drawdown chart below to compare losses from any high point for REEIX and RCPIX.

Drawdown Indicators

	REEIX	RCPIX	Difference
Max Drawdown Largest peak-to-trough decline	-35.90%	-18.89%	-17.01%
Max Drawdown (1Y) Largest decline over 1 year	-15.07%	-3.46%	-11.61%
Max Drawdown (3Y) Largest decline over 3 years	-17.32%	-5.15%	-12.17%
Max Drawdown (5Y) Largest decline over 5 years	-29.86%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-35.90%	—	—
Current Drawdown Current decline from peak	-8.51%	-2.61%	-5.90%
Average Drawdown Average peak-to-trough decline	-10.05%	-5.84%	-4.21%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.05%	1.33%	+2.72%

Volatility

REEIX vs. RCPIX - Volatility Comparison

RBC Emerging Markets Equity Fund (REEIX) has a higher volatility of 11.33% compared to RBC BlueBay Core Plus Bond Fund (RCPIX) at 1.07%. This indicates that REEIX's price experiences larger fluctuations and is considered to be riskier than RCPIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	REEIX	RCPIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.33%	1.07%	+10.26%
Volatility (6M) Calculated over the trailing 6-month period	21.26%	3.07%	+18.19%
Volatility (1Y) Calculated over the trailing 1-year period	23.19%	3.87%	+19.32%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.25%	5.62%	+12.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.62%	5.62%	+12.00%

REEIX vs. RCPIX - Expense Ratio Comparison

REEIX has a 0.88% expense ratio, which is higher than RCPIX's 0.45% expense ratio.

Dividends

REEIX vs. RCPIX - Dividend Comparison

REEIX's dividend yield for the trailing twelve months is around 2.79%, less than RCPIX's 6.02% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
RCPIX RBC BlueBay Core Plus Bond Fund	6.02%	4.95%	4.37%	4.34%	3.77%	0.21%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
REEIX RBC Emerging Markets Equity Fund	2.79%	3.29%	1.52%	1.59%	1.35%	2.81%	1.00%	3.11%	8.35%	0.90%	1.18%	2.51%

Frequently Asked Questions

Can I hold both REEIX and RCPIX in my portfolio?

REEIX and RCPIX have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, REEIX or RCPIX?

REEIX has higher volatility (11.33%) compared to RCPIX (1.07%). In terms of maximum drawdown, REEIX dropped -35.90% vs RCPIX's -18.89%.

Which has better risk-adjusted returns?

REEIX currently has the higher Sharpe Ratio (1.62 vs 1.25), 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.