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RPF.TO vs. RCDC.TO
Performance
Return for Risk
Dividends
Drawdowns
Volatility

RPF.TO vs. RCDC.TO

Last updated Apr 1, 2026

Compare and contrast key facts about RBC Canadian Preferred Share ETF (RPF.TO) and RBC Canadian Dividend Covered Call ETF (RCDC.TO).

RPF.TO and RCDC.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. RPF.TO is an actively managed fund by RBC. It was launched on Sep 14, 2016. RCDC.TO is an actively managed fund by RBC. It was launched on Jan 17, 2023.

Performance

RPF.TO vs. RCDC.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in RBC Canadian Preferred Share ETF (RPF.TO) and RBC Canadian Dividend Covered Call ETF (RCDC.TO). The values are adjusted to include any dividend payments, if applicable.

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RPF.TO vs. RCDC.TO - Yearly Performance Comparison

2026 (YTD)202520242023
RPF.TO
RBC Canadian Preferred Share ETF		1.93%19.23%28.54%-3.42%
RCDC.TO
RBC Canadian Dividend Covered Call ETF		4.14%19.29%17.27%2.39%

Returns By Period

In the year-to-date period, RPF.TO achieves a 1.93% return, which is significantly lower than RCDC.TO's 4.14% return.

RPF.TO

1D
0.73%
1M
-0.36%
YTD
1.93%
6M
6.76%
1Y
18.88%
3Y*
17.51%
5Y*
7.92%
10Y*
—

RCDC.TO

1D
1.42%
1M
-1.78%
YTD
4.14%
6M
9.56%
1Y
23.28%
3Y*
15.71%
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

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

RBC Canadian Preferred Share ETF

RBC Canadian Dividend Covered Call ETF

Often compared with RPF.TO:
RPF.TO vs. ZPR.TORPF.TO vs. TPRF.TORPF.TO vs. RATE.TORPF.TO vs. CPD.TORPF.TO vs. XPF.TORPF.TO vs. RBNK.TORPF.TO vs. HPR.TO
Often compared with RCDC.TO:
RCDC.TO vs. XARRCDC.TO vs. RCD.TORCDC.TO vs. RIDH.TORCDC.TO vs. RUD.TORCDC.TO vs. RBNK.TORCDC.TO vs. BANK.TORCDC.TO vs. BKCC.TO

RPF.TO vs. RCDC.TO - Expense Ratio Comparison

RPF.TO has a 0.58% expense ratio, which is lower than RCDC.TO's 0.64% expense ratio.

RCDC.TO
RBC Canadian Dividend Covered Call ETF
RPF.TO
RBC Canadian Preferred Share ETF

Return for Risk

RPF.TO vs. RCDC.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
RPF.TO
RPF.TO Risk / Return Rank: 9191
Overall Rank
RPF.TO Sharpe Ratio Rank: 9696
Sharpe Ratio Rank
RPF.TO Sortino Ratio Rank: 9595
Sortino Ratio Rank
RPF.TO Omega Ratio Rank: 9898
Omega Ratio Rank
RPF.TO Calmar Ratio Rank: 7878
Calmar Ratio Rank
RPF.TO Martin Ratio Rank: 8989
Martin Ratio Rank
RCDC.TO
RCDC.TO Risk / Return Rank: 9191
Overall Rank
RCDC.TO Sharpe Ratio Rank: 9191
Sharpe Ratio Rank
RCDC.TO Sortino Ratio Rank: 9393
Sortino Ratio Rank
RCDC.TO Omega Ratio Rank: 9494
Omega Ratio Rank
RCDC.TO Calmar Ratio Rank: 8484
Calmar Ratio Rank
RCDC.TO Martin Ratio Rank: 9393
Martin Ratio Rank
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.

RPF.TO vs. RCDC.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for RBC Canadian Preferred Share ETF (RPF.TO) and RBC Canadian Dividend Covered Call ETF (RCDC.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.

RPF.TORCDC.TODifference

Sharpe ratio

Return per unit of total volatility

2.68

2.11

+0.57

Sortino ratio

Return per unit of downside risk

3.18

2.80

+0.38

Omega ratio

Gain probability vs. loss probability

1.69

1.46

+0.23

Calmar ratio

Return relative to maximum drawdown

2.15

2.51

-0.36

Martin ratio

Return relative to average drawdown

11.72

13.84

-2.12

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RPF.TO vs. RCDC.TO - Sharpe Ratio Comparison

The current RPF.TO Sharpe Ratio is 2.68, which is comparable to the RCDC.TO Sharpe Ratio of 2.11. The chart below compares the historical Sharpe Ratios of RPF.TO and RCDC.TO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Sharpe Ratios by Period

RPF.TORCDC.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.68

2.11

+0.57

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.94

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.60

1.31

-0.70

Correlation

The correlation between RPF.TO and RCDC.TO is 0.20, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

RPF.TO vs. RCDC.TO - Dividend Comparison

RPF.TO's dividend yield for the trailing twelve months is around 5.11%, less than RCDC.TO's 6.55% yield.

TTM2025202420232022202120202019201820172016
RPF.TO
RBC Canadian Preferred Share ETF		5.11%5.08%5.48%6.17%5.65%4.22%5.24%5.06%4.51%3.94%1.10%
RCDC.TO
RBC Canadian Dividend Covered Call ETF		6.55%6.38%6.46%6.49%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

RPF.TO vs. RCDC.TO - Drawdown Comparison

The maximum RPF.TO drawdown since its inception was -45.69%, which is greater than RCDC.TO's maximum drawdown of -10.88%. Use the drawdown chart below to compare losses from any high point for RPF.TO and RCDC.TO.

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Drawdown Indicators

RPF.TORCDC.TODifference

Max Drawdown

Largest peak-to-trough decline

-45.69%

-10.88%

-34.81%

Max Drawdown (1Y)

Largest decline over 1 year

-8.71%

-9.25%

+0.54%

Max Drawdown (5Y)

Largest decline over 5 years

-26.37%

—

—

Current Drawdown

Current decline from peak

-0.56%

-2.31%

+1.75%

Average Drawdown

Average peak-to-trough decline

-7.77%

-1.95%

-5.82%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.60%

1.67%

-0.07%

Volatility

RPF.TO vs. RCDC.TO - Volatility Comparison

The current volatility for RBC Canadian Preferred Share ETF (RPF.TO) is 1.57%, while RBC Canadian Dividend Covered Call ETF (RCDC.TO) has a volatility of 3.73%. This indicates that RPF.TO experiences smaller price fluctuations and is considered to be less risky than RCDC.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

RPF.TORCDC.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

1.57%

3.73%

-2.16%

Volatility (6M)

Calculated over the trailing 6-month period

3.18%

6.70%

-3.52%

Volatility (1Y)

Calculated over the trailing 1-year period

7.08%

11.10%

-4.02%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

8.51%

10.22%

-1.71%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

12.44%

10.22%

+2.22%