RUSB.TO vs. TSTX-U.TO

Last updated Jul 16, 2026

RUSB.TO (RBC Short Term U.S. Corporate Bond ETF) and TSTX-U.TO (Global X 1-3 Year U.S. Treasury Bond Index ETF) are both Short-Term Bond funds. RUSB.TO is actively managed, while TSTX-U.TO is passively managed. At a correlation of -0.06, they often move in opposite directions.

Performance

RUSB.TO vs. TSTX-U.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 Global X 1-3 Year U.S. Treasury Bond Index ETF (TSTX-U.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RUSB.TO achieves a 3.34% return, which is significantly higher than TSTX-U.TO's 0.46% return.

RUSB.TO

• 1D: -1.54%
• 1M: 0.69%
• 6M: 1.97%
• YTD: 3.34%
• 1Y: 6.49%
• 3Y*: 7.53%
• 5Y*: 4.61%
• 10Y*: —

TSTX-U.TO

• 1D: 0.26%
• 1M: 0.17%
• 6M: 0.68%
• YTD: 0.46%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

RUSB.TO vs. TSTX-U.TO - Yearly Performance Comparison

	2026 (YTD)	2025
RUSB.TO RBC Short Term U.S. Corporate Bond ETF	3.34%	-0.79%
TSTX-U.TO Global X 1-3 Year U.S. Treasury Bond Index ETF	0.46%	1.22%

Correlation

The correlation between RUSB.TO and TSTX-U.TO is -0.06, 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 (All Time) Calculated using the full available price history since Oct 9, 2025	-0.06

Return for Risk

RUSB.TO vs. TSTX-U.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: 35
RUSB.TO Sharpe Ratio Rank: 33
RUSB.TO Sortino Ratio Rank: 30
RUSB.TO Omega Ratio Rank: 38
RUSB.TO Calmar Ratio Rank: 42
RUSB.TO Martin Ratio Rank: 32

TSTX-U.TO

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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. TSTX-U.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 Global X 1-3 Year U.S. Treasury Bond Index ETF (TSTX-U.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.TO	TSTX-U.TO	Difference
Sharpe ratio: Return per unit of total volatility	1.01	—	—
Sortino ratio: Return per unit of downside risk	1.42	—	—
Omega ratio: Gain probability vs. loss probability	1.22	—	—
Calmar ratio: Return relative to maximum drawdown	1.81	—	—
Martin ratio: Return relative to average drawdown	3.97	—	—

Drawdowns

RUSB.TO vs. TSTX-U.TO - Drawdown Comparison

The maximum RUSB.TO drawdown since its inception was -14.28%, which is greater than TSTX-U.TO's maximum drawdown of -0.90%. Use the drawdown chart below to compare losses from any high point for RUSB.TO and TSTX-U.TO.

Drawdown Indicators

	RUSB.TO	TSTX-U.TO	Difference
Max Drawdown Largest peak-to-trough decline	-14.28%	-0.90%	-13.38%
Max Drawdown (1Y) Largest decline over 1 year	-3.60%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-5.26%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-8.10%	—	—
Current Drawdown Current decline from peak	-1.54%	-0.12%	-1.42%
Average Drawdown Average peak-to-trough decline	-4.11%	-0.27%	-3.84%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.64%	—	—

Volatility

Volatility by Period

	RUSB.TO	TSTX-U.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.05%	—	—
Volatility (6M) Calculated over the trailing 6-month period	4.25%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	6.45%	1.69%	+4.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.05%	1.69%	+5.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.96%	1.69%	+5.27%

Dividends

RUSB.TO vs. TSTX-U.TO - Dividend Comparison

RUSB.TO's dividend yield for the trailing twelve months is around 4.13%, more than TSTX-U.TO's 2.66% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
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%
TSTX-U.TO Global X 1-3 Year U.S. Treasury Bond Index ETF	2.66%	0.84%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both RUSB.TO and TSTX-U.TO in my portfolio?

RUSB.TO and TSTX-U.TO have a correlation of -0.06, 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 RUSB.TO and TSTX-U.TO?

They also come from different issuers: RBC and Global X.