RTEC.NEO vs. XCHP.TO
RTEC.NEO (RBC Global Technology Fund ETF Series) and XCHP.TO (iShares Semiconductor Index ETF) are both funds - RTEC.NEO is a Technology Equities fund actively managed by RBC, while XCHP.TO is a Semiconductors fund tracking the NYSE Semiconductor Index. RTEC.NEO is actively managed, while XCHP.TO is passively managed. Over the past year, RTEC.NEO returned 44.85% vs 192.43% for XCHP.TO. A 0.57 correlation means they provide meaningful diversification when combined. RTEC.NEO charges 1.02%/yr vs 0.39%/yr for XCHP.TO.
Performance
RTEC.NEO vs. XCHP.TO - Performance Comparison
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Returns By Period
In the year-to-date period, RTEC.NEO achieves a 19.79% return, which is significantly lower than XCHP.TO's 106.85% return.
RTEC.NEO
- 1D
- -0.54%
- 1M
- 13.43%
- YTD
- 19.79%
- 6M
- 17.83%
- 1Y
- 44.85%
- 3Y*
- 36.43%
- 5Y*
- —
- 10Y*
- —
XCHP.TO
- 1D
- 2.19%
- 1M
- 35.96%
- YTD
- 106.85%
- 6M
- 98.47%
- 1Y
- 192.43%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
RTEC.NEO vs. XCHP.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
RTEC.NEO RBC Global Technology Fund ETF Series | 19.79% | 17.18% | 43.07% | 6.65% |
XCHP.TO iShares Semiconductor Index ETF | 106.85% | 33.58% | 21.73% | 15.27% |
Correlation
The correlation between RTEC.NEO and XCHP.TO is 0.54, 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 | 0.54 |
Correlation (All Time) Calculated using the full available price history since Sep 15, 2023 | 0.57 |
The correlation between RTEC.NEO and XCHP.TO has been stable across timeframes, ranging from 0.54 to 0.57 - a consistent structural relationship.
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Return for Risk
RTEC.NEO vs. XCHP.TO — Risk / Return Rank
RTEC.NEO
XCHP.TO
RTEC.NEO vs. XCHP.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for RBC Global Technology Fund ETF Series (RTEC.NEO) and iShares Semiconductor Index ETF (XCHP.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.
| RTEC.NEO | XCHP.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.30 | ||
| Sortino ratioReturn per unit of downside risk | -2.07 | ||
| Omega ratioGain probability vs. loss probability | 1.52 | 1.75 | -0.23 |
| Calmar ratioReturn relative to maximum drawdown | 2.75 | 13.99 | -11.24 |
| Martin ratioReturn relative to average drawdown | 8.56 | 49.96 | -41.40 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| RTEC.NEO | XCHP.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.55 | 5.86 | -3.30 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.67 | 1.91 | -0.24 |
Drawdowns
RTEC.NEO vs. XCHP.TO - Drawdown Comparison
The maximum RTEC.NEO drawdown since its inception was -25.78%, smaller than the maximum XCHP.TO drawdown of -38.95%. Use the drawdown chart below to compare losses from any high point for RTEC.NEO and XCHP.TO.
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Drawdown Indicators
| RTEC.NEO | XCHP.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.78% | -38.95% | +13.17% |
Max Drawdown (1Y)Largest decline over 1 year | -16.40% | -14.22% | -2.18% |
Max Drawdown (3Y)Largest decline over 3 years | -25.78% | — | — |
Current DrawdownCurrent decline from peak | -0.54% | 0.00% | -0.54% |
Average DrawdownAverage peak-to-trough decline | -3.57% | -8.67% | +5.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.26% | 3.95% | +1.31% |
Volatility
RTEC.NEO vs. XCHP.TO - Volatility Comparison
The current volatility for RBC Global Technology Fund ETF Series (RTEC.NEO) is 4.75%, while iShares Semiconductor Index ETF (XCHP.TO) has a volatility of 13.24%. This indicates that RTEC.NEO experiences smaller price fluctuations and is considered to be less risky than XCHP.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RTEC.NEO | XCHP.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.75% | 13.24% | -8.49% |
Volatility (6M)Calculated over the trailing 6-month period | 14.01% | 26.74% | -12.73% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.65% | 34.06% | -16.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.15% | 38.53% | -16.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.15% | 38.53% | -16.38% |
RTEC.NEO vs. XCHP.TO - Expense Ratio Comparison
RTEC.NEO has a 1.02% expense ratio, which is higher than XCHP.TO's 0.39% expense ratio.
Dividends
RTEC.NEO vs. XCHP.TO - Dividend Comparison
RTEC.NEO has not paid dividends to shareholders, while XCHP.TO's dividend yield for the trailing twelve months is around 0.21%.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
RTEC.NEO RBC Global Technology Fund ETF Series | 0.00% | 0.00% | 0.00% | 0.00% |
XCHP.TO iShares Semiconductor Index ETF | 0.21% | 0.43% | 0.29% | 0.17% |
Frequently Asked Questions
RTEC.NEO and XCHP.TO have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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