RTEC.NEO vs. WSTAX

Last updated Jun 4, 2026

RTEC.NEO (RBC Global Technology Fund ETF Series) and WSTAX (Nomura Science and Technology Fund Class A) are both Technology Equities funds. Over the past 3 years, RTEC.NEO returned 36.43%/yr vs 53.77%/yr for WSTAX. A 0.59 correlation means they provide meaningful diversification when combined. RTEC.NEO charges 1.02%/yr vs 1.17%/yr for WSTAX.

Performance

RTEC.NEO vs. WSTAX - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in RBC Global Technology Fund ETF Series (RTEC.NEO) and Nomura Science and Technology Fund Class A (WSTAX). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

RTEC.NEO is traded in CAD, while WSTAX is traded in USD. To make them comparable, the WSTAX values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, RTEC.NEO achieves a 19.79% return, which is significantly lower than WSTAX's 43.02% return.

RTEC.NEO

• 1D: -0.54%
• 1M: 13.43%
• YTD: 19.79%
• 6M: 17.83%
• 1Y: 44.85%
• 3Y*: 36.43%
• 5Y*: —
• 10Y*: —

WSTAX

• 1D: 1.35%
• 1M: 17.58%
• YTD: 43.02%
• 6M: 41.44%
• 1Y: 78.50%
• 3Y*: 53.77%
• 5Y*: 28.92%
• 10Y*: 25.60%

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

RTEC.NEO vs. WSTAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
RTEC.NEO RBC Global Technology Fund ETF Series	19.79%	17.18%	43.07%	37.90%
WSTAX Nomura Science and Technology Fund Class A	43.02%	27.77%	73.36%	22.90%

Correlation

The correlation between RTEC.NEO and WSTAX is 0.63, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.63
Correlation (3Y) Calculated over the trailing 3-year period	0.61
Correlation (All Time) Calculated using the full available price history since Mar 6, 2023	0.59

The correlation between RTEC.NEO and WSTAX has been stable across timeframes, ranging from 0.59 to 0.63 - a consistent structural relationship.

Return for Risk

RTEC.NEO vs. WSTAX — Risk / Return Rank

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

RTEC.NEO

RTEC.NEO Risk / Return Rank: 62
RTEC.NEO Sharpe Ratio Rank: 76
RTEC.NEO Sortino Ratio Rank: 66
RTEC.NEO Omega Ratio Rank: 78
RTEC.NEO Calmar Ratio Rank: 51
RTEC.NEO Martin Ratio Rank: 39

WSTAX

WSTAX Risk / Return Rank: 87
WSTAX Sharpe Ratio Rank: 95
WSTAX Sortino Ratio Rank: 82
WSTAX Omega Ratio Rank: 81
WSTAX Calmar Ratio Rank: 91
WSTAX Martin Ratio Rank: 88

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.

RTEC.NEO vs. WSTAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for RBC Global Technology Fund ETF Series (RTEC.NEO) and Nomura Science and Technology Fund Class A (WSTAX). 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.

	RTEC.NEO	WSTAX	Difference
Sharpe ratio: Return per unit of total volatility	2.55	3.48	-0.93
Sortino ratio: Return per unit of downside risk	3.41	4.05	-0.64
Omega ratio: Gain probability vs. loss probability	1.52	1.56	-0.04
Calmar ratio: Return relative to maximum drawdown	2.75	5.61	-2.86
Martin ratio: Return relative to average drawdown	8.56	19.15	-10.60
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RTEC.NEO vs. WSTAX - Sharpe Ratio Comparison

The current RTEC.NEO Sharpe Ratio is 2.55, which is comparable to the WSTAX Sharpe Ratio of 3.48. The chart below compares the historical Sharpe Ratios of RTEC.NEO and WSTAX, 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

	RTEC.NEO	WSTAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.55	3.48	-0.93
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.82	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.88	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.67	0.86	+0.81

Drawdowns

RTEC.NEO vs. WSTAX - Drawdown Comparison

The maximum RTEC.NEO drawdown since its inception was -25.78%, smaller than the maximum WSTAX drawdown of -53.15%. Use the drawdown chart below to compare losses from any high point for RTEC.NEO and WSTAX.

Drawdown Indicators

	RTEC.NEO	WSTAX	Difference
Max Drawdown Largest peak-to-trough decline	-25.78%	-53.15%	+27.37%
Max Drawdown (1Y) Largest decline over 1 year	-16.40%	-14.47%	-1.93%
Max Drawdown (3Y) Largest decline over 3 years	-25.78%	-27.57%	+1.79%
Max Drawdown (5Y) Largest decline over 5 years	—	-53.15%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-53.15%	—
Current Drawdown Current decline from peak	-0.54%	0.00%	-0.54%
Average Drawdown Average peak-to-trough decline	-3.57%	-9.66%	+6.09%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.26%	4.23%	+1.03%

Volatility

RTEC.NEO vs. WSTAX - Volatility Comparison

The current volatility for RBC Global Technology Fund ETF Series (RTEC.NEO) is 4.75%, while Nomura Science and Technology Fund Class A (WSTAX) has a volatility of 7.11%. This indicates that RTEC.NEO experiences smaller price fluctuations and is considered to be less risky than WSTAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RTEC.NEO	WSTAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.75%	7.11%	-2.36%
Volatility (6M) Calculated over the trailing 6-month period	14.01%	18.30%	-4.29%
Volatility (1Y) Calculated over the trailing 1-year period	17.65%	23.32%	-5.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.15%	35.51%	-13.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.15%	29.29%	-7.14%

RTEC.NEO vs. WSTAX - Expense Ratio Comparison

RTEC.NEO has a 1.02% expense ratio, which is lower than WSTAX's 1.17% expense ratio.

Dividends

RTEC.NEO vs. WSTAX - Dividend Comparison

RTEC.NEO has not paid dividends to shareholders, while WSTAX's dividend yield for the trailing twelve months is around 12.92%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
RTEC.NEO RBC Global Technology Fund ETF Series	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
WSTAX Nomura Science and Technology Fund Class A	12.92%	18.32%	36.08%	11.62%	33.72%	42.99%	8.89%	11.48%	13.99%	6.95%	0.00%	2.50%

Frequently Asked Questions

Can I hold both RTEC.NEO and WSTAX in my portfolio?

RTEC.NEO and WSTAX have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.