PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
RGHYX vs. SEIX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

RGHYX vs. SEIX

Last updated Jun 26, 2026

RGHYX (RBC BlueBay High Yield Bond Fund) and SEIX (Virtus Seix Senior Loan ETF) are both funds - RGHYX is a High Yield Bonds fund managed by RBC Global Asset Management., while SEIX is a Bank Loan fund tracking the Credit Suisse Leveraged Loan Index. Over the past 5 years, RGHYX returned 4.52%/yr vs 5.76%/yr for SEIX. At a 0.24 correlation, their price movements are largely independent. Both charge a 0.57% expense ratio.

Performance

RGHYX vs. SEIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in RBC BlueBay High Yield Bond Fund (RGHYX) and Virtus Seix Senior Loan ETF (SEIX). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, RGHYX achieves a 1.67% return, which is significantly lower than SEIX's 2.38% return.

RGHYX

1D
0.10%
1M
0.43%
YTD
1.67%
6M
1.97%
1Y
6.54%
3Y*
8.98%
5Y*
4.52%
10Y*
6.17%

SEIX

1D
0.14%
1M
0.39%
YTD
2.38%
6M
2.46%
1Y
5.97%
3Y*
7.81%
5Y*
5.76%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

RGHYX vs. SEIX - Yearly Performance Comparison

2026 (YTD)2025202420232022202120202019
RGHYX
RBC BlueBay High Yield Bond Fund		1.67%9.02%7.14%12.88%-8.48%3.72%9.65%7.38%
SEIX
Virtus Seix Senior Loan ETF		2.38%5.10%8.42%12.51%-1.77%5.49%3.17%3.44%

Correlation

The correlation between RGHYX and SEIX is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.25

Correlation (3Y)
Calculated over the trailing 3-year period

0.22

Correlation (5Y)
Calculated over the trailing 5-year period

0.26

Correlation (All Time)
Calculated using the full available price history since Apr 25, 2019

0.24

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

RBC BlueBay High Yield Bond Fund

Virtus Seix Senior Loan ETF

Often compared with RGHYX:
RGHYX vs. BUFHXRGHYX vs. PHYSXRGHYX vs. HYSRGHYX vs. BCOIXRGHYX vs. ICMUXRGHYX vs. VRIGRGHYX vs. PHYQX
Often compared with SEIX:
SEIX vs. CLOZSEIX vs. FLBLSEIX vs. JAAASEIX vs. FLRTSEIX vs. CLOASEIX vs. AGZDSEIX vs. SRLN

Return for Risk

RGHYX vs. SEIX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
RGHYX
RGHYX Risk / Return Rank: 7979
Overall Rank
RGHYX Sharpe Ratio Rank: 8888
Sharpe Ratio Rank
RGHYX Sortino Ratio Rank: 9090
Sortino Ratio Rank
RGHYX Omega Ratio Rank: 8888
Omega Ratio Rank
RGHYX Calmar Ratio Rank: 5555
Calmar Ratio Rank
RGHYX Martin Ratio Rank: 7272
Martin Ratio Rank
SEIX
SEIX Risk / Return Rank: 9595
Overall Rank
SEIX Sharpe Ratio Rank: 9696
Sharpe Ratio Rank
SEIX Sortino Ratio Rank: 9797
Sortino Ratio Rank
SEIX Omega Ratio Rank: 9797
Omega Ratio Rank
SEIX Calmar Ratio Rank: 9292
Calmar Ratio Rank
SEIX Martin Ratio Rank: 9393
Martin Ratio Rank
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.

RGHYX vs. SEIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for RBC BlueBay High Yield Bond Fund (RGHYX) and Virtus Seix Senior Loan ETF (SEIX). 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.

RGHYXSEIXDifference
Sharpe ratioReturn per unit of total volatility
2.51
3.72

-1.22

Sortino ratioReturn per unit of downside risk
3.87
6.04

-2.17

Omega ratioGain probability vs. loss probability

1.55

1.84

-0.29

Calmar ratioReturn relative to maximum drawdown

2.49

5.31

-2.82

Martin ratioReturn relative to average drawdown

11.51

21.22

-9.71

RGHYX vs. SEIX - Sharpe Ratio Comparison

The current RGHYX Sharpe Ratio is 2.51, which is lower than the SEIX Sharpe Ratio of 3.72. The chart below compares the historical Sharpe Ratios of RGHYX and SEIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Drawdowns

RGHYX vs. SEIX - Drawdown Comparison

The maximum RGHYX drawdown since its inception was -17.38%, roughly equal to the maximum SEIX drawdown of -17.51%. Use the drawdown chart below to compare losses from any high point for RGHYX and SEIX.

Loading charts...

Drawdown Indicators

RGHYXSEIXDifference

Max Drawdown

Largest peak-to-trough decline

-17.38%

-17.51%

+0.13%

Max Drawdown (1Y)

Largest decline over 1 year

-2.65%

-1.13%

-1.52%

Max Drawdown (3Y)

Largest decline over 3 years

-4.01%

-3.01%

-1.00%

Max Drawdown (5Y)

Largest decline over 5 years

-12.79%

-6.69%

-6.10%

Max Drawdown (10Y)

Largest decline over 10 years

-17.38%

—

—

Current Drawdown

Current decline from peak

-0.10%

0.00%

-0.10%

Average Drawdown

Average peak-to-trough decline

-1.47%

-0.87%

-0.60%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.57%

0.28%

+0.29%

Volatility

RGHYX vs. SEIX - Volatility Comparison

RBC BlueBay High Yield Bond Fund (RGHYX) has a higher volatility of 0.70% compared to Virtus Seix Senior Loan ETF (SEIX) at 0.38%. This indicates that RGHYX's price experiences larger fluctuations and is considered to be riskier than SEIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

RGHYXSEIXDifference

Volatility (1M)

Calculated over the trailing 1-month period

0.70%

0.38%

+0.32%

Volatility (6M)

Calculated over the trailing 6-month period

2.14%

1.30%

+0.84%

Volatility (1Y)

Calculated over the trailing 1-year period

2.64%

1.61%

+1.03%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

4.39%

2.92%

+1.47%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

4.66%

4.32%

+0.34%

RGHYX vs. SEIX - Expense Ratio Comparison

Both RGHYX and SEIX have an expense ratio of 0.57%.

Dividends

RGHYX vs. SEIX - Dividend Comparison

RGHYX's dividend yield for the trailing twelve months is around 6.37%, less than SEIX's 7.24% yield.

PositionTTM20252024202320222021202020192018201720162015
RGHYX
RBC BlueBay High Yield Bond Fund		6.37%6.68%6.91%6.22%6.04%5.29%5.54%4.88%6.79%3.88%4.44%4.38%
SEIX
Virtus Seix Senior Loan ETF		7.24%7.52%8.09%8.74%5.76%4.16%3.75%3.82%0.00%0.00%0.00%0.00%

Frequently Asked Questions

RGHYX and SEIX have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

RGHYX has higher volatility (0.70%) compared to SEIX (0.38%). In terms of maximum drawdown, RGHYX dropped -17.38% vs SEIX's -17.51%.

SEIX currently has the higher Sharpe Ratio (3.72 vs 2.51), 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.

Portfolio Optimizer

Find the right allocation for RGHYX and SEIX

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer