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

RUSB.TO vs. RUDH.TO

Last updated Jul 17, 2026
Documentation

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

Performance

RUSB.TO vs. RUDH.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in RBC Short Term U.S. Corporate Bond ETF (RUSB.TO) and RBC Quant U.S. Dividend Leaders CAD Hedged ETF (RUDH.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, RUSB.TO achieves a 3.15% return, which is significantly lower than RUDH.TO's 8.17% return.

RUSB.TO

1D
-0.18%
1M
0.37%
6M
1.59%
YTD
3.15%
1Y
6.00%
3Y*
7.46%
5Y*
4.57%
10Y*
—

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

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

2026 (YTD)202520242023202220212020201920182017
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%
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%

Correlation

The correlation between RUSB.TO and RUDH.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 Short Term U.S. Corporate Bond ETF

RBC Quant U.S. Dividend Leaders CAD Hedged ETF

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
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

Return for Risk

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

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

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

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

RUSB.TORUDH.TODifference
Sharpe ratioReturn per unit of total volatility
0.95
0.83

+0.12

Sortino ratioReturn per unit of downside risk
1.35
1.19

+0.16

Omega ratioGain probability vs. loss probability

1.20

1.20

0.00

Calmar ratioReturn relative to maximum drawdown

1.67

1.11

+0.56

Martin ratioReturn relative to average drawdown

3.65

2.78

+0.87

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

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

RUSB.TO vs. RUDH.TO - Drawdown Comparison

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

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Drawdown Indicators

RUSB.TORUDH.TODifference

Max Drawdown

Largest peak-to-trough decline

-14.28%

-50.85%

+36.57%

Max Drawdown (1Y)

Largest decline over 1 year

-3.60%

-13.38%

+9.78%

Max Drawdown (3Y)

Largest decline over 3 years

-5.26%

-34.44%

+29.18%

Max Drawdown (5Y)

Largest decline over 5 years

-8.10%

-50.85%

+42.75%

Max Drawdown (10Y)

Largest decline over 10 years

—

-50.85%

—

Current Drawdown

Current decline from peak

-1.72%

-15.38%

+13.66%

Average Drawdown

Average peak-to-trough decline

-4.11%

-16.27%

+12.16%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.64%

5.35%

-3.71%

Volatility

RUSB.TO vs. RUDH.TO - Volatility Comparison

The current volatility for RBC Short Term U.S. Corporate Bond ETF (RUSB.TO) is 1.78%, while RBC Quant U.S. Dividend Leaders CAD Hedged ETF (RUDH.TO) has a volatility of 2.86%. This indicates that RUSB.TO experiences smaller price fluctuations and is considered to be less risky than RUDH.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

RUSB.TORUDH.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

1.78%

2.86%

-1.08%

Volatility (6M)

Calculated over the trailing 6-month period

4.13%

8.74%

-4.61%

Volatility (1Y)

Calculated over the trailing 1-year period

6.37%

17.95%

-11.58%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

6.95%

92.45%

-85.50%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

6.95%

88.21%

-81.26%

Dividends

RUSB.TO vs. RUDH.TO - Dividend Comparison

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

RUSB.TO and RUDH.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.

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

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