RIBIX vs. RBSIX

Last updated Jun 5, 2026

RIBIX (RBC Impact Bond Fund) and RBSIX (RBC BlueBay Strategic Income Fund) are both mutual funds - RIBIX is a Intermediate Core Bond fund managed by RBC Global Asset Management., while RBSIX is a Nontraditional Bonds fund managed by RBC Global Asset Management.. Over the past 3 years, RIBIX returned 2.98%/yr vs 7.73%/yr for RBSIX. At a 0.02 correlation, their price movements are largely independent. RIBIX charges 0.73%/yr vs 0.63%/yr for RBSIX.

Performance

RIBIX vs. RBSIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in RBC Impact Bond Fund (RIBIX) and RBC BlueBay Strategic Income Fund (RBSIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RIBIX achieves a -1.07% return, which is significantly lower than RBSIX's 1.13% return.

RIBIX

• 1D: -0.24%
• 1M: 0.04%
• YTD: -1.07%
• 6M: -0.85%
• 1Y: 2.09%
• 3Y*: 2.98%
• 5Y*: -0.87%
• 10Y*: —

RBSIX

• 1D: 0.00%
• 1M: 0.27%
• YTD: 1.13%
• 6M: 1.37%
• 1Y: 5.64%
• 3Y*: 7.73%
• 5Y*: —
• 10Y*: —

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

RIBIX vs. RBSIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
RIBIX RBC Impact Bond Fund	-1.07%	5.95%	1.11%	5.50%	-14.47%	-0.15%
RBSIX RBC BlueBay Strategic Income Fund	1.13%	5.50%	9.33%	9.74%	0.35%	-0.21%

Correlation

The correlation between RIBIX and RBSIX is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.22
Correlation (3Y) Calculated over the trailing 3-year period	0.19
Correlation (All Time) Calculated using the full available price history since Nov 3, 2021	0.02

Over the past year, RIBIX and RBSIX have become more correlated (0.22) than their long-term average of 0.02, meaning their price movements have been converging.

Return for Risk

RIBIX vs. RBSIX — Risk / Return Rank

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

RIBIX

RIBIX Risk / Return Rank: 8
RIBIX Sharpe Ratio Rank: 8
RIBIX Sortino Ratio Rank: 7
RIBIX Omega Ratio Rank: 8
RIBIX Calmar Ratio Rank: 9
RIBIX Martin Ratio Rank: 9

RBSIX

RBSIX Risk / Return Rank: 92
RBSIX Sharpe Ratio Rank: 98
RBSIX Sortino Ratio Rank: 98
RBSIX Omega Ratio Rank: 97
RBSIX Calmar Ratio Rank: 87
RBSIX Martin Ratio Rank: 78

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.

RIBIX vs. RBSIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for RBC Impact Bond Fund (RIBIX) and RBC BlueBay Strategic Income Fund (RBSIX). 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.

	RIBIX	RBSIX	Difference
Sharpe ratio: Return per unit of total volatility	0.63	3.83	-3.19
Sortino ratio: Return per unit of downside risk	0.89	6.30	-5.41
Omega ratio: Gain probability vs. loss probability	1.11	1.97	-0.85
Calmar ratio: Return relative to maximum drawdown	0.83	4.22	-3.40
Martin ratio: Return relative to average drawdown	2.40	14.33	-11.92
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RIBIX vs. RBSIX - Sharpe Ratio Comparison

The current RIBIX Sharpe Ratio is 0.63, which is lower than the RBSIX Sharpe Ratio of 3.83. The chart below compares the historical Sharpe Ratios of RIBIX and RBSIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	RIBIX	RBSIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.63	3.83	-3.19
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.15	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.18	1.58	-1.40

Drawdowns

RIBIX vs. RBSIX - Drawdown Comparison

The maximum RIBIX drawdown since its inception was -19.37%, which is greater than RBSIX's maximum drawdown of -4.09%. Use the drawdown chart below to compare losses from any high point for RIBIX and RBSIX.

Drawdown Indicators

	RIBIX	RBSIX	Difference
Max Drawdown Largest peak-to-trough decline	-19.37%	-4.09%	-15.28%
Max Drawdown (1Y) Largest decline over 1 year	-3.29%	-1.37%	-1.92%
Max Drawdown (3Y) Largest decline over 3 years	-6.20%	-4.09%	-2.11%
Max Drawdown (5Y) Largest decline over 5 years	-18.98%	—	—
Current Drawdown Current decline from peak	-6.43%	-0.12%	-6.31%
Average Drawdown Average peak-to-trough decline	-6.43%	-0.78%	-5.65%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.12%	0.40%	+0.72%

Volatility

RIBIX vs. RBSIX - Volatility Comparison

RBC Impact Bond Fund (RIBIX) has a higher volatility of 1.48% compared to RBC BlueBay Strategic Income Fund (RBSIX) at 0.42%. This indicates that RIBIX's price experiences larger fluctuations and is considered to be riskier than RBSIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RIBIX	RBSIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.48%	0.42%	+1.06%
Volatility (6M) Calculated over the trailing 6-month period	2.94%	1.10%	+1.84%
Volatility (1Y) Calculated over the trailing 1-year period	4.28%	1.51%	+2.77%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.97%	3.54%	+2.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.18%	3.54%	+1.64%

RIBIX vs. RBSIX - Expense Ratio Comparison

RIBIX has a 0.73% expense ratio, which is higher than RBSIX's 0.63% expense ratio.

Dividends

RIBIX vs. RBSIX - Dividend Comparison

RIBIX's dividend yield for the trailing twelve months is around 3.54%, less than RBSIX's 5.83% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
RBSIX RBC BlueBay Strategic Income Fund	5.83%	5.31%	4.46%	7.65%	5.37%	0.19%	0.00%	0.00%	0.00%	0.00%
RIBIX RBC Impact Bond Fund	3.54%	4.02%	3.35%	2.50%	2.10%	1.94%	3.28%	3.91%	2.44%	0.05%

Frequently Asked Questions

Can I hold both RIBIX and RBSIX in my portfolio?

RIBIX and RBSIX have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RIBIX or RBSIX?

RIBIX has higher volatility (1.48%) compared to RBSIX (0.42%). In terms of maximum drawdown, RIBIX dropped -19.37% vs RBSIX's -4.09%.

Which has better risk-adjusted returns?

RBSIX currently has the higher Sharpe Ratio (3.83 vs 0.63), 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.