RUDH.TO vs. RUD.TO

Last updated Jul 16, 2026

RUDH.TO (RBC Quant U.S. Dividend Leaders CAD Hedged ETF) and RUD.TO (RBC Quant U.S. Dividend Leaders ETF (CAD)) are both exchange-traded funds - RUDH.TO is a Dividend fund actively managed by RBC, while RUD.TO is a Large Cap Blend Equities fund actively managed by RBC. Both are actively managed. Over the past 10 years, RUDH.TO returned 12.79%/yr vs 16.92%/yr for RUD.TO. At a 0.35 correlation, their price movements are largely independent.

Performance

RUDH.TO vs. RUD.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in RBC Quant U.S. Dividend Leaders CAD Hedged ETF (RUDH.TO) and RBC Quant U.S. Dividend Leaders ETF (CAD) (RUD.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RUDH.TO achieves a 7.78% return, which is significantly lower than RUD.TO's 12.65% return. Over the past 10 years, RUDH.TO has underperformed RUD.TO with an annualized return of 12.79%, while RUD.TO has yielded a comparatively higher 16.92% annualized return.

RUDH.TO

• 1D: 0.17%
• 1M: 2.17%
• 6M: 6.98%
• YTD: 7.78%
• 1Y: 14.55%
• 3Y*: 14.35%
• 5Y*: 8.40%
• 10Y*: 12.79%

RUD.TO

• 1D: 0.23%
• 1M: 1.53%
• 6M: 9.91%
• YTD: 12.65%
• 1Y: 21.63%
• 3Y*: 18.95%
• 5Y*: 15.88%
• 10Y*: 16.92%

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

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

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
RUDH.TO RBC Quant U.S. Dividend Leaders CAD Hedged ETF	7.78%	8.78%	5.71%	36.05%	-20.27%	46.37%	0.96%	40.86%	-5.42%	18.57%
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%

Correlation

The correlation between RUDH.TO and RUD.TO is 0.61, 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	0.61
Correlation (3Y) Calculated over the trailing 3-year period	0.35
Correlation (5Y) Calculated over the trailing 5-year period	0.36
Correlation (10Y) Calculated over the trailing 10-year period	0.36
Correlation (All Time) Calculated using the full available price history since Oct 22, 2014	0.35

Over the past year, RUDH.TO and RUD.TO have become more correlated (0.61) than their long-term average of 0.35, meaning their price movements have been converging.

Return for Risk

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

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

RUDH.TO

RUDH.TO Risk / Return Rank: 27
RUDH.TO Sharpe Ratio Rank: 27
RUDH.TO Sortino Ratio Rank: 24
RUDH.TO Omega Ratio Rank: 34
RUDH.TO Calmar Ratio Rank: 26
RUDH.TO Martin Ratio Rank: 25

RUD.TO

RUD.TO Risk / Return Rank: 71
RUD.TO Sharpe Ratio Rank: 67
RUD.TO Sortino Ratio Rank: 64
RUD.TO Omega Ratio Rank: 67
RUD.TO Calmar Ratio Rank: 78
RUD.TO Martin Ratio Rank: 77

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.

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

This table presents a comparison of risk-adjusted performance metrics for RBC Quant U.S. Dividend Leaders CAD Hedged ETF (RUDH.TO) and RBC Quant U.S. Dividend Leaders ETF (CAD) (RUD.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.

	RUDH.TO	RUD.TO	Difference
Sharpe ratio: Return per unit of total volatility	0.81	1.75	-0.94
Sortino ratio: Return per unit of downside risk	1.17	2.41	-1.24
Omega ratio: Gain probability vs. loss probability	1.20	1.32	-0.13
Calmar ratio: Return relative to maximum drawdown	1.09	3.27	-2.18
Martin ratio: Return relative to average drawdown	2.73	11.63	-8.90

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

The current RUDH.TO Sharpe Ratio is 0.81, which is lower than the RUD.TO Sharpe Ratio of 1.75. The chart below compares the historical Sharpe Ratios of RUDH.TO and RUD.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.

Drawdowns

RUDH.TO vs. RUD.TO - Drawdown Comparison

The maximum RUDH.TO drawdown since its inception was -50.85%, which is greater than RUD.TO's maximum drawdown of -35.99%. Use the drawdown chart below to compare losses from any high point for RUDH.TO and RUD.TO.

Drawdown Indicators

	RUDH.TO	RUD.TO	Difference
Max Drawdown Largest peak-to-trough decline	-50.85%	-35.99%	-14.86%
Max Drawdown (1Y) Largest decline over 1 year	-13.38%	-6.65%	-6.73%
Max Drawdown (3Y) Largest decline over 3 years	-34.44%	-28.31%	-6.13%
Max Drawdown (5Y) Largest decline over 5 years	-50.85%	-28.31%	-22.54%
Max Drawdown (10Y) Largest decline over 10 years	-50.85%	-35.99%	-14.86%
Current Drawdown Current decline from peak	-15.69%	-0.64%	-15.05%
Average Drawdown Average peak-to-trough decline	-16.27%	-10.04%	-6.23%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.35%	1.86%	+3.49%

Volatility

RUDH.TO vs. RUD.TO - Volatility Comparison

RBC Quant U.S. Dividend Leaders CAD Hedged ETF (RUDH.TO) has a higher volatility of 3.24% compared to RBC Quant U.S. Dividend Leaders ETF (CAD) (RUD.TO) at 2.63%. This indicates that RUDH.TO's price experiences larger fluctuations and is considered to be riskier than RUD.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RUDH.TO	RUD.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.24%	2.63%	+0.61%
Volatility (6M) Calculated over the trailing 6-month period	8.74%	9.35%	-0.61%
Volatility (1Y) Calculated over the trailing 1-year period	17.96%	12.42%	+5.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	92.57%	34.44%	+58.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	88.23%	44.70%	+43.53%

Dividends

RUDH.TO vs. RUD.TO - Dividend Comparison

RUDH.TO's dividend yield for the trailing twelve months is around 1.56%, more than RUD.TO's 1.36% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
RUDH.TO RBC Quant U.S. Dividend Leaders CAD Hedged ETF	1.56%	1.47%	2.78%	3.26%	4.27%	2.36%	3.68%	4.01%	4.96%	4.03%	4.32%	4.94%

Frequently Asked Questions

Can I hold both RUDH.TO and RUD.TO in my portfolio?

RUDH.TO and RUD.TO have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

What is the main difference between RUDH.TO and RUD.TO?

RUDH.TO is categorized as Dividend, while RUD.TO is Large Cap Blend Equities.