RGOIX vs. REEIX

Last updated Aug 1, 2026

RGOIX (RBC Global Opportunities Fund) and REEIX (RBC Emerging Markets Equity Fund) are both mutual funds - RGOIX is a Global Equities fund managed by RBC, while REEIX is a Emerging Markets Equities fund managed by RBC. Over the past 10 years, RGOIX returned 10.79%/yr vs 9.11%/yr for REEIX. Their 0.74 correlation means they have sometimes moved together and sometimes differently. RGOIX charges 0.75%/yr vs 0.88%/yr for REEIX.

Performance

RGOIX vs. REEIX - Performance Comparison

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

Returns By Period

In the year-to-date period, RGOIX achieves a 0.75% return, which is significantly lower than REEIX's 17.17% return. Over the past 10 years, RGOIX has outperformed REEIX with an annualized return of 10.79%, while REEIX has yielded a comparatively lower 9.11% annualized return.

RGOIX

• 1D: 1.97%
• 1M: -2.02%
• 6M: 0.21%
• YTD: 0.75%
• 1Y: 7.77%
• 3Y*: 11.70%
• 5Y*: 3.81%
• 10Y*: 10.79%
• ALL TIME*: 10.10%

REEIX

• 1D: 4.60%
• 1M: -1.53%
• 6M: 9.47%
• YTD: 17.17%
• 1Y: 38.52%
• 3Y*: 17.83%
• 5Y*: 9.44%
• 10Y*: 9.11%
• ALL TIME*: 8.27%

*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)
REEIX RBC Emerging Markets Equity Fund	$0.00	$0.00	$0.00
RGOIX RBC Global Opportunities Fund	$0.00	$0.00	$0.00

RGOIX vs. REEIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
RGOIX RBC Global Opportunities Fund	0.75%	17.25%	17.10%	9.82%	-23.66%	16.82%	26.94%	31.55%	-6.89%	34.27%
REEIX RBC Emerging Markets Equity Fund	17.17%	34.54%	6.38%	12.20%	-14.62%	-4.36%	16.76%	17.26%	-10.63%	35.13%

Correlation

The correlation between RGOIX and REEIX is 0.69, 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.	0.69
Correlation (3Y) Balances recent behavior with more history.	0.67
Correlation (5Y) Shows whether the relationship held over a longer period.	0.71
Correlation (10Y) Provides a long-term view across more market conditions.	0.72
Correlation (All Time) Calculated using the full available price history since Jan 2, 2015	0.74

The correlation between RGOIX and REEIX has been stable across timeframes, ranging from 0.67 to 0.74 - a consistent structural relationship.

Return for Risk

RGOIX vs. REEIX — Risk / Return Rank

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

RGOIX

RGOIX Risk / Return Rank: 13
RGOIX Sharpe Ratio Rank: 11
RGOIX Sortino Ratio Rank: 12
RGOIX Omega Ratio Rank: 11
RGOIX Calmar Ratio Rank: 13
RGOIX Martin Ratio Rank: 16

REEIX

REEIX Risk / Return Rank: 63
REEIX Sharpe Ratio Rank: 61
REEIX Sortino Ratio Rank: 54
REEIX Omega Ratio Rank: 65
REEIX Calmar Ratio Rank: 73
REEIX Martin Ratio Rank: 62

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.

RGOIX vs. REEIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for RBC Global Opportunities Fund (RGOIX) and RBC Emerging Markets Equity Fund (REEIX). 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.

	RGOIX	REEIX	Difference
Sharpe ratio: Return per unit of total volatility	0.48	1.49	-1.02
Sortino ratio: Return per unit of downside risk	0.77	2.01	-1.24
Omega ratio: Gain probability vs. loss probability	1.09	1.29	-0.20
Calmar ratio: Return relative to maximum drawdown	0.65	2.40	-1.74
Martin ratio: Return relative to average drawdown	2.38	7.95	-5.57

RGOIX vs. REEIX - Sharpe Ratio Comparison

The current RGOIX Sharpe Ratio is 0.48, which is lower than the REEIX Sharpe Ratio of 1.49. The chart below compares the historical Sharpe Ratios of RGOIX and REEIX, 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

RGOIX vs. REEIX - Drawdown Comparison

The maximum RGOIX drawdown since its inception was -33.40%, smaller than the maximum REEIX drawdown of -35.90%. Use the drawdown chart below to compare losses from any high point for RGOIX and REEIX.

Drawdown Indicators

	RGOIX	REEIX	Difference
Max Drawdown Largest peak-to-trough decline	-33.40%	-35.90%	+2.50%
Max Drawdown (1Y) Largest decline over 1 year	-9.67%	-15.07%	+5.40%
Max Drawdown (3Y) Largest decline over 3 years	-15.96%	-17.32%	+1.36%
Max Drawdown (5Y) Largest decline over 5 years	-31.72%	-29.18%	-2.54%
Max Drawdown (10Y) Largest decline over 10 years	-33.40%	-35.90%	+2.50%
Current Drawdown Current decline from peak	-4.37%	-9.05%	+4.68%
Average Drawdown Average peak-to-trough decline	-6.87%	-10.05%	+3.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.63%	4.52%	-1.89%

Volatility

RGOIX vs. REEIX - Volatility Comparison

The current volatility for RBC Global Opportunities Fund (RGOIX) is 3.60%, while RBC Emerging Markets Equity Fund (REEIX) has a volatility of 10.00%. This indicates that RGOIX experiences smaller price fluctuations and is considered to be less risky than REEIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RGOIX	REEIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.60%	10.00%	-6.40%
Volatility (6M) Calculated over the trailing 6-month period	10.78%	22.33%	-11.55%
Volatility (1Y) Calculated over the trailing 1-year period	13.25%	24.23%	-10.98%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.70%	18.47%	-1.77%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.51%	17.77%	-0.26%

RGOIX vs. REEIX - Expense Ratio Comparison

RGOIX has a 0.75% expense ratio, which is lower than REEIX's 0.88% expense ratio.

Dividends

RGOIX vs. REEIX - Dividend Comparison

RGOIX's dividend yield for the trailing twelve months is around 0.70%, less than REEIX's 2.81% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
REEIX RBC Emerging Markets Equity Fund	2.81%	3.29%	1.52%	1.59%	1.35%	2.81%	1.00%	3.11%	8.35%	0.90%	1.18%	2.51%
RGOIX RBC Global Opportunities Fund	0.70%	0.70%	0.65%	0.75%	0.27%	4.61%	2.28%	2.76%	3.77%	3.79%	0.75%	1.21%

Frequently Asked Questions

Can I hold both RGOIX and REEIX in my portfolio?

RGOIX and REEIX have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RGOIX or REEIX?

REEIX has higher volatility (10.00%) compared to RGOIX (3.60%). In terms of maximum drawdown, RGOIX dropped -33.40% vs REEIX's -35.90%.

Which has better risk-adjusted returns?

REEIX currently has the higher Sharpe Ratio (1.49 vs 0.48), 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.