RLB.TO vs. RIDH.TO
RLB.TO (RBC 1-5 Year Laddered Canadian Bond ETF) and RIDH.TO (RBC Quant EAFE Dividend Leaders (CAD Hedged) ETF) are both exchange-traded funds - RLB.TO is a Total Bond Market fund actively managed by RBC, while RIDH.TO is a Foreign Large Cap Equities fund actively managed by RBC. Both are actively managed. Over the past 10 years, RLB.TO returned 2.15%/yr vs 11.04%/yr for RIDH.TO. At a 0.04 correlation, their price movements are largely independent.
Performance
RLB.TO vs. RIDH.TO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, RLB.TO achieves a 1.23% return, which is significantly lower than RIDH.TO's 15.46% return. Over the past 10 years, RLB.TO has underperformed RIDH.TO with an annualized return of 2.15%, while RIDH.TO has yielded a comparatively higher 11.04% annualized return.
RLB.TO
- 1D
- 0.11%
- 1M
- -0.05%
- 6M
- 0.96%
- YTD
- 1.23%
- 1Y
- 3.35%
- 3Y*
- 5.06%
- 5Y*
- 2.10%
- 10Y*
- 2.15%
RIDH.TO
- 1D
- -0.02%
- 1M
- 1.56%
- 6M
- 11.06%
- YTD
- 15.46%
- 1Y
- 35.68%
- 3Y*
- 22.91%
- 5Y*
- 14.84%
- 10Y*
- 11.04%
RLB.TO vs. RIDH.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RLB.TO RBC 1-5 Year Laddered Canadian Bond ETF | 1.23% | 3.97% | 5.39% | 5.93% | -5.15% | -0.78% | 5.76% | 4.54% | 1.07% | 0.54% |
RIDH.TO RBC Quant EAFE Dividend Leaders (CAD Hedged) ETF | 15.46% | 32.49% | 12.69% | 17.54% | -3.96% | 19.17% | -4.59% | 19.55% | -9.26% | 9.71% |
Correlation
The correlation between RLB.TO and RIDH.TO is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.31 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.13 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.10 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.05 |
Correlation (All Time) Calculated using the full available price history since Feb 16, 2016 | 0.04 |
Over the past year, RLB.TO and RIDH.TO have become more correlated (0.31) than their long-term average of 0.04, meaning their price movements have been converging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
RLB.TO vs. RIDH.TO — Risk / Return Rank
RLB.TO
RIDH.TO
RLB.TO vs. RIDH.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for RBC 1-5 Year Laddered Canadian Bond ETF (RLB.TO) and RBC Quant EAFE Dividend Leaders (CAD Hedged) ETF (RIDH.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.
| RLB.TO | RIDH.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.54 | ||
| Sortino ratioReturn per unit of downside risk | -1.97 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.56 | -0.27 |
| Calmar ratioReturn relative to maximum drawdown | 2.28 | 4.14 | -1.86 |
| Martin ratioReturn relative to average drawdown | 7.18 | 18.50 | -11.31 |
Loading charts...
Drawdowns
RLB.TO vs. RIDH.TO - Drawdown Comparison
The maximum RLB.TO drawdown since its inception was -13.93%, smaller than the maximum RIDH.TO drawdown of -34.53%. Use the drawdown chart below to compare losses from any high point for RLB.TO and RIDH.TO.
Loading charts...
Drawdown Indicators
| RLB.TO | RIDH.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -13.93% | -34.53% | +20.60% |
Max Drawdown (1Y)Largest decline over 1 year | -1.48% | -8.67% | +7.19% |
Max Drawdown (3Y)Largest decline over 3 years | -1.48% | -14.33% | +12.85% |
Max Drawdown (5Y)Largest decline over 5 years | -7.68% | -15.01% | +7.33% |
Max Drawdown (10Y)Largest decline over 10 years | -13.93% | -34.53% | +20.60% |
Current DrawdownCurrent decline from peak | -0.16% | -0.02% | -0.14% |
Average DrawdownAverage peak-to-trough decline | -1.52% | -4.40% | +2.88% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.47% | 1.93% | -1.46% |
Volatility
RLB.TO vs. RIDH.TO - Volatility Comparison
The current volatility for RBC 1-5 Year Laddered Canadian Bond ETF (RLB.TO) is 0.53%, while RBC Quant EAFE Dividend Leaders (CAD Hedged) ETF (RIDH.TO) has a volatility of 3.14%. This indicates that RLB.TO experiences smaller price fluctuations and is considered to be less risky than RIDH.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| RLB.TO | RIDH.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.53% | 3.14% | -2.61% |
Volatility (6M)Calculated over the trailing 6-month period | 1.97% | 9.92% | -7.95% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.34% | 12.02% | -9.68% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.01% | 13.76% | -10.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.40% | 15.76% | -11.36% |
Dividends
RLB.TO vs. RIDH.TO - Dividend Comparison
RLB.TO's dividend yield for the trailing twelve months is around 3.47%, more than RIDH.TO's 3.02% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RIDH.TO RBC Quant EAFE Dividend Leaders (CAD Hedged) ETF | 3.02% | 3.10% | 3.69% | 3.70% | 4.41% | 2.63% | 3.63% | 4.07% | 4.55% | 2.91% | 3.33% | 3.28% |
RLB.TO RBC 1-5 Year Laddered Canadian Bond ETF | 3.47% | 3.25% | 2.99% | 2.65% | 2.54% | 2.27% | 2.44% | 2.66% | 2.81% | 2.95% | 2.32% | 0.00% |
Frequently Asked Questions
RLB.TO and RIDH.TO have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RLB.TO is categorized as Total Bond Market, while RIDH.TO is Foreign Large Cap Equities.
Find the right allocation for RLB.TO and RIDH.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