RUD.TO vs. ZGQ.TO

Last updated Apr 1, 2026

Compare and contrast key facts about RBC Quant U.S. Dividend Leaders ETF (CAD) (RUD.TO) and BMO MSCI All Country World High Quality Index ETF (ZGQ.TO).

RUD.TO and ZGQ.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. RUD.TO is an actively managed fund by RBC. It was launched on Jan 9, 2014. ZGQ.TO is a passively managed fund by BMO that tracks the performance of the MSCI All Country World High Quality Index. It was launched on Nov 5, 2014.

Performance

RUD.TO vs. ZGQ.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 BMO MSCI All Country World High Quality Index ETF (ZGQ.TO). The values are adjusted to include any dividend payments, if applicable.

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

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
RUD.TO RBC Quant U.S. Dividend Leaders ETF (CAD)	-0.58%	7.31%	22.78%	19.01%	-7.35%	31.62%	8.82%	19.60%	1.05%	9.17%
ZGQ.TO BMO MSCI All Country World High Quality Index ETF	-0.57%	8.04%	29.47%	29.38%	-18.76%	21.44%	22.41%	28.91%	-0.12%	19.54%

Returns By Period

The year-to-date returns for both investments are quite close, with RUD.TO having a -0.58% return and ZGQ.TO slightly higher at -0.57%. Over the past 10 years, RUD.TO has underperformed ZGQ.TO with an annualized return of 12.10%, while ZGQ.TO has yielded a comparatively higher 13.59% annualized return.

RUD.TO

• 1D: 2.07%
• 1M: -2.35%
• YTD: -0.58%
• 6M: -1.37%
• 1Y: 11.64%
• 3Y*: 14.50%
• 5Y*: 11.91%
• 10Y*: 12.10%

ZGQ.TO

• 1D: 3.28%
• 1M: -5.25%
• YTD: -0.57%
• 6M: -0.85%
• 1Y: 11.72%
• 3Y*: 17.59%
• 5Y*: 11.39%
• 10Y*: 13.59%

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

RUD.TO vs. ZGQ.TO - Expense Ratio Comparison

RUD.TO has a 0.43% expense ratio, which is lower than ZGQ.TO's 0.50% expense ratio.

ZGQ.TO

BMO MSCI All Country World High Quality Index ETF

RUD.TO

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

Return for Risk

RUD.TO vs. ZGQ.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: 38
RUD.TO Sharpe Ratio Rank: 34
RUD.TO Sortino Ratio Rank: 34
RUD.TO Omega Ratio Rank: 37
RUD.TO Calmar Ratio Rank: 40
RUD.TO Martin Ratio Rank: 43

ZGQ.TO

ZGQ.TO Risk / Return Rank: 42
ZGQ.TO Sharpe Ratio Rank: 37
ZGQ.TO Sortino Ratio Rank: 38
ZGQ.TO Omega Ratio Rank: 39
ZGQ.TO Calmar Ratio Rank: 47
ZGQ.TO Martin Ratio Rank: 47

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. ZGQ.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 BMO MSCI All Country World High Quality Index ETF (ZGQ.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.

	RUD.TO	ZGQ.TO	Difference
Sharpe ratio Return per unit of total volatility	0.63	0.65	-0.02
Sortino ratio Return per unit of downside risk	0.98	1.01	-0.03
Omega ratio Gain probability vs. loss probability	1.15	1.15	0.00
Calmar ratio Return relative to maximum drawdown	1.01	1.11	-0.10
Martin ratio Return relative to average drawdown	4.08	4.24	-0.16
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

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

The current RUD.TO Sharpe Ratio is 0.63, which is comparable to the ZGQ.TO Sharpe Ratio of 0.65. The chart below compares the historical Sharpe Ratios of RUD.TO and ZGQ.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.

Sharpe Ratios by Period

	RUD.TO	ZGQ.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.63	0.65	-0.02
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.78	0.73	+0.05
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.78	0.85	-0.07
Sharpe Ratio (All Time) Calculated using the full available price history	0.77	0.86	-0.09

Correlation

The correlation between RUD.TO and ZGQ.TO is 0.72, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

RUD.TO vs. ZGQ.TO - Dividend Comparison

RUD.TO's dividend yield for the trailing twelve months is around 1.42%, more than ZGQ.TO's 0.56% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
RUD.TO RBC Quant U.S. Dividend Leaders ETF (CAD)	1.42%	1.35%	1.16%	1.49%	1.57%	1.10%	1.64%	1.93%	2.01%	1.78%	1.73%	2.12%
ZGQ.TO BMO MSCI All Country World High Quality Index ETF	0.56%	0.60%	0.90%	1.33%	1.34%	0.86%	0.99%	1.10%	1.51%	1.09%	1.35%	1.03%

Drawdowns

RUD.TO vs. ZGQ.TO - Drawdown Comparison

The maximum RUD.TO drawdown since its inception was -29.89%, which is greater than ZGQ.TO's maximum drawdown of -26.68%. Use the drawdown chart below to compare losses from any high point for RUD.TO and ZGQ.TO.

Drawdown Indicators

	RUD.TO	ZGQ.TO	Difference
Max Drawdown Largest peak-to-trough decline	-29.89%	-26.68%	-3.21%
Max Drawdown (1Y) Largest decline over 1 year	-12.79%	-11.28%	-1.51%
Max Drawdown (5Y) Largest decline over 5 years	-28.33%	-26.68%	-1.65%
Max Drawdown (10Y) Largest decline over 10 years	-29.89%	-26.68%	-3.21%
Current Drawdown Current decline from peak	-8.63%	-6.25%	-2.38%
Average Drawdown Average peak-to-trough decline	-3.99%	-4.54%	+0.55%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.17%	2.95%	+0.22%

Volatility

RUD.TO vs. ZGQ.TO - Volatility Comparison

The current volatility for RBC Quant U.S. Dividend Leaders ETF (CAD) (RUD.TO) is 4.83%, while BMO MSCI All Country World High Quality Index ETF (ZGQ.TO) has a volatility of 6.62%. This indicates that RUD.TO experiences smaller price fluctuations and is considered to be less risky than ZGQ.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RUD.TO	ZGQ.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.83%	6.62%	-1.79%
Volatility (6M) Calculated over the trailing 6-month period	10.12%	11.22%	-1.10%
Volatility (1Y) Calculated over the trailing 1-year period	18.61%	18.19%	+0.42%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.39%	15.72%	-0.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.55%	16.07%	-0.52%