PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
RUDH.TO vs. RUSB.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

RUDH.TO vs. RUSB.TO

Last updated Jul 17, 2026
Documentation

RUDH.TO (RBC Quant U.S. Dividend Leaders CAD Hedged ETF) and RUSB.TO (RBC Short Term U.S. Corporate Bond ETF) are both exchange-traded funds - RUDH.TO is a Dividend fund actively managed by RBC, while RUSB.TO is a Short-Term Bond fund actively managed by RBC. Both are actively managed. Over the past 5 years, RUDH.TO returned 8.48%/yr vs 4.57%/yr for RUSB.TO. At a correlation of -0.06, they often move in opposite directions.

Performance

RUDH.TO vs. RUSB.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 Short Term U.S. Corporate Bond ETF (RUSB.TO). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, RUDH.TO achieves a 8.17% return, which is significantly higher than RUSB.TO's 3.15% return.

RUDH.TO

1D
0.37%
1M
0.94%
6M
6.88%
YTD
8.17%
1Y
14.84%
3Y*
14.29%
5Y*
8.48%
10Y*
12.84%

RUSB.TO

1D
-0.18%
1M
0.37%
6M
1.59%
YTD
3.15%
1Y
6.00%
3Y*
7.46%
5Y*
4.57%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

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

2026 (YTD)202520242023202220212020201920182017
RUDH.TO
RBC Quant U.S. Dividend Leaders CAD Hedged ETF		8.17%8.78%5.71%36.05%-20.27%46.37%0.96%40.86%-5.42%5.81%
RUSB.TO
RBC Short Term U.S. Corporate Bond ETF		3.15%1.61%13.88%3.94%-0.28%-0.52%1.46%2.36%7.83%-0.13%

Correlation

The correlation between RUDH.TO and RUSB.TO is -0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

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

-0.02

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

-0.06

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

-0.06

Correlation (All Time)
Calculated using the full available price history since Nov 3, 2017

-0.06

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

RBC Quant U.S. Dividend Leaders CAD Hedged ETF

RBC Short Term U.S. Corporate Bond ETF

Often compared with RUDH.TO:
RUDH.TO vs. RBNK.TORUDH.TO vs. RBO.TORUDH.TO vs. RCDC.TORUDH.TO vs. ZZZD.TORUDH.TO vs. BLOV.TORUDH.TO vs. CWIN.TORUDH.TO vs. DXU.TO
Often compared with RUSB.TO:
RUSB.TO vs. DCS.TORUSB.TO vs. MCSB.TORUSB.TO vs. QSB.TORUSB.TO vs. RBO.TORUSB.TO vs. RQP.TORUSB.TO vs. TUSB.TORUSB.TO vs. ZSDB.TO

Return for Risk

RUDH.TO vs. RUSB.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: 2929
Overall Rank
RUDH.TO Sharpe Ratio Rank: 2828
Sharpe Ratio Rank
RUDH.TO Sortino Ratio Rank: 2626
Sortino Ratio Rank
RUDH.TO Omega Ratio Rank: 3737
Omega Ratio Rank
RUDH.TO Calmar Ratio Rank: 2828
Calmar Ratio Rank
RUDH.TO Martin Ratio Rank: 2626
Martin Ratio Rank
RUSB.TO
RUSB.TO Risk / Return Rank: 3434
Overall Rank
RUSB.TO Sharpe Ratio Rank: 3232
Sharpe Ratio Rank
RUSB.TO Sortino Ratio Rank: 2929
Sortino Ratio Rank
RUSB.TO Omega Ratio Rank: 3737
Omega Ratio Rank
RUSB.TO Calmar Ratio Rank: 3939
Calmar Ratio Rank
RUSB.TO Martin Ratio Rank: 3131
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.

RUDH.TO vs. RUSB.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 Short Term U.S. Corporate Bond ETF (RUSB.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.TORUSB.TODifference
Sharpe ratioReturn per unit of total volatility
0.83
0.95

-0.12

Sortino ratioReturn per unit of downside risk
1.19
1.35

-0.16

Omega ratioGain probability vs. loss probability

1.20

1.20

0.00

Calmar ratioReturn relative to maximum drawdown

1.11

1.67

-0.56

Martin ratioReturn relative to average drawdown

2.78

3.65

-0.87

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

The current RUDH.TO Sharpe Ratio is 0.83, which is comparable to the RUSB.TO Sharpe Ratio of 0.95. The chart below compares the historical Sharpe Ratios of RUDH.TO and RUSB.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.

Loading charts...

Drawdowns

RUDH.TO vs. RUSB.TO - Drawdown Comparison

The maximum RUDH.TO drawdown since its inception was -50.85%, which is greater than RUSB.TO's maximum drawdown of -14.28%. Use the drawdown chart below to compare losses from any high point for RUDH.TO and RUSB.TO.

Loading charts...

Drawdown Indicators

RUDH.TORUSB.TODifference

Max Drawdown

Largest peak-to-trough decline

-50.85%

-14.28%

-36.57%

Max Drawdown (1Y)

Largest decline over 1 year

-13.38%

-3.60%

-9.78%

Max Drawdown (3Y)

Largest decline over 3 years

-34.44%

-5.26%

-29.18%

Max Drawdown (5Y)

Largest decline over 5 years

-50.85%

-8.10%

-42.75%

Max Drawdown (10Y)

Largest decline over 10 years

-50.85%

—

—

Current Drawdown

Current decline from peak

-15.38%

-1.72%

-13.66%

Average Drawdown

Average peak-to-trough decline

-16.27%

-4.11%

-12.16%

Ulcer Index

Depth and duration of drawdowns from previous peaks

5.35%

1.64%

+3.71%

Volatility

RUDH.TO vs. RUSB.TO - Volatility Comparison

RBC Quant U.S. Dividend Leaders CAD Hedged ETF (RUDH.TO) has a higher volatility of 2.86% compared to RBC Short Term U.S. Corporate Bond ETF (RUSB.TO) at 1.78%. This indicates that RUDH.TO's price experiences larger fluctuations and is considered to be riskier than RUSB.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

RUDH.TORUSB.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

2.86%

1.78%

+1.08%

Volatility (6M)

Calculated over the trailing 6-month period

8.74%

4.13%

+4.61%

Volatility (1Y)

Calculated over the trailing 1-year period

17.95%

6.37%

+11.58%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

92.45%

6.95%

+85.50%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

88.21%

6.95%

+81.26%

Dividends

RUDH.TO vs. RUSB.TO - Dividend Comparison

RUDH.TO's dividend yield for the trailing twelve months is around 1.56%, less than RUSB.TO's 4.13% yield.

PositionTTM20252024202320222021202020192018201720162015
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%
RUSB.TO
RBC Short Term U.S. Corporate Bond ETF		4.13%3.96%3.38%3.26%2.48%2.30%2.78%2.80%1.90%0.41%0.00%0.00%

Frequently Asked Questions

RUDH.TO and RUSB.TO have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

RUDH.TO is categorized as Dividend, while RUSB.TO is Short-Term Bond.

Portfolio Optimizer

Find the right allocation for RUDH.TO and RUSB.TO

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer