RGOIX vs. XEQT.TO
Compare and contrast key facts about RBC Global Opportunities Fund (RGOIX) and iShares Core Equity ETF Portfolio (XEQT.TO).
RGOIX is managed by RBC Global Asset Management.. It was launched on Dec 2, 2014. XEQT.TO is a passively managed fund by iShares that tracks the performance of the Morningstar Gbl GR CAD. It was launched on Aug 7, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RGOIX or XEQT.TO.
Key characteristics
| RGOIX | XEQT.TO | |
|---|---|---|
| YTD Return | 16.15% | 17.11% |
| 1Y Return | 23.47% | 22.58% |
| 3Y Return (Ann) | -0.30% | 7.76% |
| 5Y Return (Ann) | 9.73% | 11.26% |
| Sharpe Ratio | 1.80 | 2.19 |
| Daily Std Dev | 12.39% | 10.02% |
| Max Drawdown | -33.40% | -29.74% |
| Current Drawdown | -4.64% | 0.00% |
Correlation
The correlation between RGOIX and XEQT.TO is 0.87, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
RGOIX vs. XEQT.TO - Performance Comparison
In the year-to-date period, RGOIX achieves a 16.15% return, which is significantly lower than XEQT.TO's 17.11% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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RGOIX vs. XEQT.TO - Expense Ratio Comparison
RGOIX has a 0.75% expense ratio, which is higher than XEQT.TO's 0.20% expense ratio.
Risk-Adjusted Performance
RGOIX vs. XEQT.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for RBC Global Opportunities Fund (RGOIX) and iShares Core Equity ETF Portfolio (XEQT.TO). 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
RGOIX vs. XEQT.TO - Dividend Comparison
RGOIX's dividend yield for the trailing twelve months is around 0.64%, less than XEQT.TO's 1.89% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
RGOIX RBC Global Opportunities Fund | 0.64% | 0.75% | 0.27% | 4.61% | 2.28% | 2.76% | 3.77% | 3.79% | 0.75% | 1.21% | 0.03% |
XEQT.TO iShares Core Equity ETF Portfolio | 1.89% | 2.09% | 2.14% | 1.65% | 1.68% | 1.20% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
RGOIX vs. XEQT.TO - Drawdown Comparison
The maximum RGOIX drawdown since its inception was -33.40%, which is greater than XEQT.TO's maximum drawdown of -29.74%. Use the drawdown chart below to compare losses from any high point for RGOIX and XEQT.TO. For additional features, visit the drawdowns tool.
Volatility
RGOIX vs. XEQT.TO - Volatility Comparison
The current volatility for RBC Global Opportunities Fund (RGOIX) is 3.72%, while iShares Core Equity ETF Portfolio (XEQT.TO) has a volatility of 3.93%. This indicates that RGOIX experiences smaller price fluctuations and is considered to be less risky than XEQT.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.