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RUD.TO vs. RBO.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

RUD.TO vs. RBO.TO

Last updated Jul 17, 2026
Documentation

RUD.TO (RBC Quant U.S. Dividend Leaders ETF (CAD)) and RBO.TO (RBC 1-5 Year Laddered Canadian Corporate Bond ETF) are both exchange-traded funds - RUD.TO is a Large Cap Blend Equities fund actively managed by RBC, while RBO.TO is a Corporate Bonds fund actively managed by RBC. Both are actively managed. Over the past 10 years, RUD.TO returned 16.91%/yr vs 2.40%/yr for RBO.TO. At a 0.05 correlation, their price movements are largely independent.

Performance

RUD.TO vs. RBO.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in RBC Quant U.S. Dividend Leaders ETF (CAD) (RUD.TO) and RBC 1-5 Year Laddered Canadian Corporate Bond ETF (RBO.TO). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, RUD.TO achieves a 12.65% return, which is significantly higher than RBO.TO's 1.31% return. Over the past 10 years, RUD.TO has outperformed RBO.TO with an annualized return of 16.91%, while RBO.TO has yielded a comparatively lower 2.40% annualized return.

RUD.TO

1D
0.00%
1M
1.79%
6M
9.45%
YTD
12.65%
1Y
21.93%
3Y*
18.81%
5Y*
15.88%
10Y*
16.91%

RBO.TO

1D
-0.11%
1M
-0.08%
6M
0.77%
YTD
1.31%
1Y
3.29%
3Y*
5.35%
5Y*
2.30%
10Y*
2.40%
*Multi-year figures are annualized to reflect compound growth (CAGR)

RUD.TO vs. RBO.TO - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
RUD.TO
RBC Quant U.S. Dividend Leaders ETF (CAD)		12.65%7.35%25.76%23.90%-15.14%54.34%13.61%25.93%6.03%14.39%
RBO.TO
RBC 1-5 Year Laddered Canadian Corporate Bond ETF		1.31%4.23%6.06%6.16%-5.32%-1.20%6.09%5.07%0.88%0.75%

Correlation

The correlation between RUD.TO and RBO.TO is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.25

Correlation (3Y)
Calculated over the trailing 3-year period

0.14

Correlation (5Y)
Calculated over the trailing 5-year period

0.08

Correlation (10Y)
Calculated over the trailing 10-year period

0.05

Correlation (All Time)
Calculated using the full available price history since Jan 17, 2014

0.05

The correlation between RUD.TO and RBO.TO shifts across timeframes, from 0.05 (all time) to 0.25 (1 year), reflecting how their relationship changes across market environments.

Compare stocks, funds, or ETFs

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RBC Quant U.S. Dividend Leaders ETF (CAD)

RBC 1-5 Year Laddered Canadian Corporate Bond ETF

Often compared with RUD.TO:
RUD.TO vs. VGG.TORUD.TO vs. ZUQ.TORUD.TO vs. ZGQ.TORUD.TO vs. CEW.TORUD.TO vs. FCUV.TORUD.TO vs. XGRO.TORUD.TO vs. XDIV.TO
Often compared with RBO.TO:
RBO.TO vs. CFRN.TORBO.TO vs. RPDH.TORBO.TO vs. RQO.TORBO.TO vs. DXO.TORBO.TO vs. MFT.TORBO.TO vs. RID.TORBO.TO vs. RLB.TO

Return for Risk

RUD.TO vs. RBO.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
RUD.TO
RUD.TO Risk / Return Rank: 7373
Overall Rank
RUD.TO Sharpe Ratio Rank: 6969
Sharpe Ratio Rank
RUD.TO Sortino Ratio Rank: 6666
Sortino Ratio Rank
RUD.TO Omega Ratio Rank: 7070
Omega Ratio Rank
RUD.TO Calmar Ratio Rank: 8080
Calmar Ratio Rank
RUD.TO Martin Ratio Rank: 7979
Martin Ratio Rank
RBO.TO
RBO.TO Risk / Return Rank: 5353
Overall Rank
RBO.TO Sharpe Ratio Rank: 5555
Sharpe Ratio Rank
RBO.TO Sortino Ratio Rank: 5555
Sortino Ratio Rank
RBO.TO Omega Ratio Rank: 6060
Omega Ratio Rank
RBO.TO Calmar Ratio Rank: 4545
Calmar Ratio Rank
RBO.TO Martin Ratio Rank: 5050
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.

RUD.TO vs. RBO.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for RBC Quant U.S. Dividend Leaders ETF (CAD) (RUD.TO) and RBC 1-5 Year Laddered Canadian Corporate Bond ETF (RBO.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.

RUD.TORBO.TODifference
Sharpe ratioReturn per unit of total volatility
1.77
1.51

+0.26

Sortino ratioReturn per unit of downside risk
2.44
2.16

+0.28

Omega ratioGain probability vs. loss probability

1.33

1.29

+0.03

Calmar ratioReturn relative to maximum drawdown

3.31

1.89

+1.42

Martin ratioReturn relative to average drawdown

11.78

6.81

+4.98

RUD.TO vs. RBO.TO - Sharpe Ratio Comparison

The current RUD.TO Sharpe Ratio is 1.77, which is comparable to the RBO.TO Sharpe Ratio of 1.51. The chart below compares the historical Sharpe Ratios of RUD.TO and RBO.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.

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Drawdowns

RUD.TO vs. RBO.TO - Drawdown Comparison

The maximum RUD.TO drawdown since its inception was -35.99%, which is greater than RBO.TO's maximum drawdown of -20.46%. Use the drawdown chart below to compare losses from any high point for RUD.TO and RBO.TO.

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Drawdown Indicators

RUD.TORBO.TODifference

Max Drawdown

Largest peak-to-trough decline

-35.99%

-20.46%

-15.53%

Max Drawdown (1Y)

Largest decline over 1 year

-6.65%

-1.75%

-4.90%

Max Drawdown (3Y)

Largest decline over 3 years

-28.31%

-1.75%

-26.56%

Max Drawdown (5Y)

Largest decline over 5 years

-28.31%

-7.89%

-20.42%

Max Drawdown (10Y)

Largest decline over 10 years

-35.99%

-20.46%

-15.53%

Current Drawdown

Current decline from peak

-0.64%

-0.27%

-0.37%

Average Drawdown

Average peak-to-trough decline

-10.03%

-1.34%

-8.69%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.87%

0.48%

+1.39%

Volatility

RUD.TO vs. RBO.TO - Volatility Comparison

RBC Quant U.S. Dividend Leaders ETF (CAD) (RUD.TO) has a higher volatility of 2.60% compared to RBC 1-5 Year Laddered Canadian Corporate Bond ETF (RBO.TO) at 0.41%. This indicates that RUD.TO's price experiences larger fluctuations and is considered to be riskier than RBO.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

RUD.TORBO.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

2.60%

0.41%

+2.19%

Volatility (6M)

Calculated over the trailing 6-month period

9.35%

1.81%

+7.54%

Volatility (1Y)

Calculated over the trailing 1-year period

12.42%

2.18%

+10.24%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

34.44%

2.95%

+31.49%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

44.69%

7.74%

+36.95%

Dividends

RUD.TO vs. RBO.TO - Dividend Comparison

RUD.TO's dividend yield for the trailing twelve months is around 1.36%, less than RBO.TO's 3.90% yield.

PositionTTM20252024202320222021202020192018201720162015
RBO.TO
RBC 1-5 Year Laddered Canadian Corporate Bond ETF		3.90%3.67%3.35%2.56%2.64%2.32%2.41%2.77%2.96%3.02%3.26%3.54%
RUD.TO
RBC Quant U.S. Dividend Leaders ETF (CAD)		1.36%1.38%3.43%5.24%5.51%3.38%5.73%6.77%7.06%6.23%6.07%7.42%

Frequently Asked Questions

RUD.TO and RBO.TO have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

RUD.TO is categorized as Large Cap Blend Equities, while RBO.TO is Corporate Bonds.

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