RGHYX vs. VRIG
Compare and contrast key facts about RBC BlueBay High Yield Bond Fund (RGHYX) and Invesco Variable Rate Investment Grade ETF (VRIG).
RGHYX is managed by RBC Global Asset Management.. It was launched on Nov 30, 2011. VRIG is an actively managed fund by Invesco. It was launched on Sep 22, 2016.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RGHYX or VRIG.
Correlation
The correlation between RGHYX and VRIG is 0.12, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
RGHYX vs. VRIG - Performance Comparison
Key characteristics
RGHYX:
1.97
VRIG:
5.08
RGHYX:
2.57
VRIG:
7.03
RGHYX:
1.45
VRIG:
2.88
RGHYX:
1.43
VRIG:
6.75
RGHYX:
7.40
VRIG:
58.96
RGHYX:
0.87%
VRIG:
0.09%
RGHYX:
3.29%
VRIG:
1.03%
RGHYX:
-17.38%
VRIG:
-13.04%
RGHYX:
-3.32%
VRIG:
-0.24%
Returns By Period
In the year-to-date period, RGHYX achieves a -1.26% return, which is significantly lower than VRIG's 0.89% return.
RGHYX
-1.26%
-2.34%
-1.14%
6.36%
4.87%
4.56%
VRIG
0.89%
-0.09%
2.21%
5.25%
4.78%
N/A
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RGHYX vs. VRIG - Expense Ratio Comparison
RGHYX has a 0.57% expense ratio, which is higher than VRIG's 0.30% expense ratio.
Risk-Adjusted Performance
RGHYX vs. VRIG — Risk-Adjusted Performance Rank
RGHYX
VRIG
RGHYX vs. VRIG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for RBC BlueBay High Yield Bond Fund (RGHYX) and Invesco Variable Rate Investment Grade ETF (VRIG). 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.
Dividends
RGHYX vs. VRIG - Dividend Comparison
RGHYX's dividend yield for the trailing twelve months is around 6.44%, more than VRIG's 5.82% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RGHYX RBC BlueBay High Yield Bond Fund | 6.44% | 6.92% | 6.23% | 5.54% | 4.28% | 4.30% | 4.88% | 6.79% | 3.88% | 4.45% | 3.60% | 5.06% |
VRIG Invesco Variable Rate Investment Grade ETF | 5.82% | 6.09% | 5.97% | 2.39% | 0.78% | 1.57% | 3.12% | 2.89% | 2.31% | 0.60% | 0.00% | 0.00% |
Drawdowns
RGHYX vs. VRIG - Drawdown Comparison
The maximum RGHYX drawdown since its inception was -17.38%, which is greater than VRIG's maximum drawdown of -13.04%. Use the drawdown chart below to compare losses from any high point for RGHYX and VRIG. For additional features, visit the drawdowns tool.
Volatility
RGHYX vs. VRIG - Volatility Comparison
RBC BlueBay High Yield Bond Fund (RGHYX) has a higher volatility of 2.04% compared to Invesco Variable Rate Investment Grade ETF (VRIG) at 0.80%. This indicates that RGHYX's price experiences larger fluctuations and is considered to be riskier than VRIG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.