PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
RIDH.TO vs. PID.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

RIDH.TO vs. PID.TO

Last updated Aug 4, 2026
Documentation

RIDH.TO (RBC Quant EAFE Dividend Leaders (CAD Hedged) ETF) and PID.TO (Purpose International Dividend Fund) are both Foreign Large Cap Equities funds. Both are actively managed. Over the past 10 years, RIDH.TO returned 11.11%/yr vs 10.73%/yr for PID.TO. Their 0.47 correlation means their historical movements had little consistent relationship. RIDH.TO charges 0.54%/yr vs 0.65%/yr for PID.TO.

Performance

RIDH.TO vs. PID.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in RBC Quant EAFE Dividend Leaders (CAD Hedged) ETF (RIDH.TO) and Purpose International Dividend Fund (PID.TO). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, RIDH.TO achieves a 16.37% return, which is significantly lower than PID.TO's 17.77% return. Both investments have delivered pretty close results over the past 10 years, with RIDH.TO having a 11.11% annualized return and PID.TO not far behind at 10.73%.

RIDH.TO

1D
-1.23%
1M
1.94%
6M
10.08%
YTD
16.37%
1Y
36.80%
3Y*
21.98%
5Y*
15.14%
10Y*
11.11%
ALL TIME*
10.01%

PID.TO

1D
-0.86%
1M
1.57%
6M
12.71%
YTD
17.77%
1Y
35.02%
3Y*
22.89%
5Y*
15.17%
10Y*
10.73%
ALL TIME*
9.35%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)

PID.TO

Purpose International Dividend Fund
CA$137.31KCA$154.29KCA$193.57K

RIDH.TO

RBC Quant EAFE Dividend Leaders (CAD Hedged) ETF
CA$18.38KCA$62.92KCA$73.93K

RIDH.TO vs. PID.TO - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
RIDH.TO
RBC Quant EAFE Dividend Leaders (CAD Hedged) ETF		16.37%32.49%12.69%17.54%-3.96%19.17%-4.59%19.55%-9.26%9.71%
PID.TO
Purpose International Dividend Fund		17.77%33.43%13.85%15.75%-2.67%7.76%-3.24%14.04%0.49%11.86%

Correlation

The correlation between RIDH.TO and PID.TO is 0.65, 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.

0.65

Correlation (3Y)
Balances recent behavior with more history.

0.49

Correlation (5Y)
Shows whether the relationship held over a longer period.

0.42

Correlation (10Y)
Provides a long-term view across more market conditions.

0.45

Correlation (All Time)
Calculated using the full available price history since Apr 22, 2015

0.47

The correlation between RIDH.TO and PID.TO shifts across timeframes, from 0.42 (5 years) to 0.65 (1 year), reflecting how their relationship changes across market environments.

RIDH.TO vs. PID.TO - Sectors Allocation Comparison

Sectors
RIDH.TO
PID.TO

Financial Services

19.6%
39.7%

Industrials

19.1%
8.1%

Technology

9.8%
2.3%

Healthcare

9.5%
10.8%

Utilities

8.0%
6.3%

Consumer Cyclical

7.7%
8.8%

Consumer Defensive

7.3%
5.4%

Communication Services

7.1%
5.6%

Basic Materials

6.9%
8.3%

Energy

4.4%
4.8%

Real Estate

0.6%

-

Financial Services

RIDH.TO
19.6%
PID.TO
39.7%

Industrials

RIDH.TO
19.1%
PID.TO
8.1%

Technology

RIDH.TO
9.8%
PID.TO
2.3%

Healthcare

RIDH.TO
9.5%
PID.TO
10.8%

Utilities

RIDH.TO
8.0%
PID.TO
6.3%

Consumer Cyclical

RIDH.TO
7.7%
PID.TO
8.8%

Consumer Defensive

RIDH.TO
7.3%
PID.TO
5.4%

Communication Services

RIDH.TO
7.1%
PID.TO
5.6%

Basic Materials

RIDH.TO
6.9%
PID.TO
8.3%

Energy

RIDH.TO
4.4%
PID.TO
4.8%

Real Estate

RIDH.TO
0.6%
PID.TO

-

Compare stocks, funds, or ETFs

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

RBC Quant EAFE Dividend Leaders (CAD Hedged) ETF

Purpose International Dividend Fund

Often compared with RIDH.TO:
RIDH.TO vs. TILV.TORIDH.TO vs. RPF.TORIDH.TO vs. QDX.TORIDH.TO vs. RCDC.TORIDH.TO vs. FCRI.TORIDH.TO vs. FCIL.NEORIDH.TO vs. RUD.TO
Often compared with PID.TO:
PID.TO vs. CPD.TOPID.TO vs. PDF.TOPID.TO vs. VRIF.TOPID.TO vs. XMV.TOPID.TO vs. XIC.TOPID.TO vs. SPYPID.TO vs. VGG.TO

Return for Risk

RIDH.TO vs. PID.TO — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.
RIDH.TO
RIDH.TO Risk / Return Rank: 9393
Overall Rank
RIDH.TO Sharpe Ratio Rank: 9595
Sharpe Ratio Rank
RIDH.TO Sortino Ratio Rank: 9494
Sortino Ratio Rank
RIDH.TO Omega Ratio Rank: 9494
Omega Ratio Rank
RIDH.TO Calmar Ratio Rank: 8989
Calmar Ratio Rank
RIDH.TO Martin Ratio Rank: 9393
Martin Ratio Rank
PID.TO
PID.TO Risk / Return Rank: 8787
Overall Rank
PID.TO Sharpe Ratio Rank: 9191
Sharpe Ratio Rank
PID.TO Sortino Ratio Rank: 8989
Sortino Ratio Rank
PID.TO Omega Ratio Rank: 9090
Omega Ratio Rank
PID.TO Calmar Ratio Rank: 8080
Calmar Ratio Rank
PID.TO Martin Ratio Rank: 8383
Martin Ratio Rank
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.

RIDH.TO vs. PID.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for RBC Quant EAFE Dividend Leaders (CAD Hedged) ETF (RIDH.TO) and Purpose International Dividend Fund (PID.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.

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.

RIDH.TOPID.TODifference
Sharpe ratioReturn per unit of total volatility
2.86
2.39

+0.47

Sortino ratioReturn per unit of downside risk
3.85
3.28

+0.57

Omega ratioGain probability vs. loss probability

1.53

1.44

+0.09

Calmar ratioReturn relative to maximum drawdown

3.95

3.12

+0.83

Martin ratioReturn relative to average drawdown

17.82

12.05

+5.77

RIDH.TO vs. PID.TO - Sharpe Ratio Comparison

The current RIDH.TO Sharpe Ratio is 2.86, which is comparable to the PID.TO Sharpe Ratio of 2.39. The chart below compares the historical Sharpe Ratios of RIDH.TO and PID.TO, 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

RIDH.TO vs. PID.TO - Drawdown Comparison

The maximum RIDH.TO drawdown since its inception was -34.53%, which is greater than PID.TO's maximum drawdown of -27.27%. Use the drawdown chart below to compare losses from any high point for RIDH.TO and PID.TO.

Loading charts...

Drawdown Indicators

RIDH.TOPID.TODifference

Max Drawdown

Largest peak-to-trough decline

-34.53%

-27.27%

-7.26%

Max Drawdown (1Y)

Largest decline over 1 year

-8.67%

-11.09%

+2.42%

Max Drawdown (3Y)

Largest decline over 3 years

-14.33%

-12.35%

-1.98%

Max Drawdown (5Y)

Largest decline over 5 years

-15.01%

-20.07%

+5.06%

Max Drawdown (10Y)

Largest decline over 10 years

-34.53%

-27.27%

-7.26%

Current Drawdown

Current decline from peak

-1.23%

-0.86%

-0.37%

Average Drawdown

Average peak-to-trough decline

-4.38%

-4.11%

-0.27%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.93%

2.86%

-0.93%

Volatility

RIDH.TO vs. PID.TO - Volatility Comparison

The current volatility for RBC Quant EAFE Dividend Leaders (CAD Hedged) ETF (RIDH.TO) is 3.24%, while Purpose International Dividend Fund (PID.TO) has a volatility of 4.45%. This indicates that RIDH.TO experiences smaller price fluctuations and is considered to be less risky than PID.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

RIDH.TOPID.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

3.24%

4.45%

-1.21%

Volatility (6M)

Calculated over the trailing 6-month period

9.85%

12.23%

-2.38%

Volatility (1Y)

Calculated over the trailing 1-year period

11.96%

14.48%

-2.52%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

13.66%

12.51%

+1.15%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.74%

13.80%

+1.94%

RIDH.TO vs. PID.TO - Expense Ratio Comparison

RIDH.TO has a 0.54% expense ratio, which is lower than PID.TO's 0.65% expense ratio.

Dividends

RIDH.TO vs. PID.TO - Dividend Comparison

RIDH.TO's dividend yield for the trailing twelve months is around 3.06%, more than PID.TO's 2.69% yield.

PositionTTM20252024202320222021202020192018201720162015
PID.TO
Purpose International Dividend Fund		2.69%3.12%4.02%4.39%4.86%4.50%4.64%4.28%4.67%3.53%3.49%2.10%
RIDH.TO
RBC Quant EAFE Dividend Leaders (CAD Hedged) ETF		3.06%3.10%3.69%3.70%4.41%2.63%3.63%4.07%4.55%2.91%3.33%3.28%

Frequently Asked Questions

RIDH.TO and PID.TO have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, RIDH.TO is cheaper at 0.54% per year. The better choice depends on whether you care most about return, fees, risk, or income.

RIDH.TO is cheaper with a 0.54% expense ratio, compared with 0.65% for PID.TO.

They also come from different issuers: RBC and Purpose. Their fees differ too: 0.54% for RIDH.TO and 0.65% for PID.TO.

Portfolio Optimizer

Find the right allocation for RIDH.TO and PID.TO

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