RUSIX vs. RBSIX

Last updated Jun 23, 2026

RUSIX (RBC Ultra-Short Fixed Income Fund) and RBSIX (RBC BlueBay Strategic Income Fund) are both mutual funds - RUSIX is a Ultrashort Bond fund managed by RBC Global Asset Management., while RBSIX is a Nontraditional Bonds fund managed by RBC Global Asset Management.. Over the past 3 years, RUSIX returned 6.00%/yr vs 7.58%/yr for RBSIX. At a 0.16 correlation, their price movements are largely independent. RUSIX charges 0.48%/yr vs 0.63%/yr for RBSIX.

Performance

RUSIX vs. RBSIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in RBC Ultra-Short Fixed Income Fund (RUSIX) and RBC BlueBay Strategic Income Fund (RBSIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RUSIX achieves a 1.22% return, which is significantly higher than RBSIX's 1.03% return.

RUSIX

• 1D: 0.00%
• 1M: 0.26%
• YTD: 1.22%
• 6M: 1.60%
• 1Y: 3.82%
• 3Y*: 6.00%
• 5Y*: 3.76%
• 10Y*: 3.00%

RBSIX

• 1D: 0.00%
• 1M: 0.07%
• YTD: 1.03%
• 6M: 1.13%
• 1Y: 5.32%
• 3Y*: 7.58%
• 5Y*: —
• 10Y*: —

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

RUSIX vs. RBSIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
RUSIX RBC Ultra-Short Fixed Income Fund	1.22%	4.53%	6.78%	8.13%	-1.43%	-0.15%
RBSIX RBC BlueBay Strategic Income Fund	1.03%	5.50%	9.33%	9.74%	0.35%	-0.21%

Correlation

The correlation between RUSIX and RBSIX is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.14
Correlation (3Y) Calculated over the trailing 3-year period	0.29
Correlation (All Time) Calculated using the full available price history since Nov 2, 2021	0.16

The correlation between RUSIX and RBSIX shifts across timeframes, from 0.14 (1 year) to 0.29 (3 years), reflecting how their relationship changes across market environments.

Return for Risk

RUSIX vs. RBSIX — Risk / Return Rank

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

RUSIX

RUSIX Risk / Return Rank: 96
RUSIX Sharpe Ratio Rank: 87
RUSIX Sortino Ratio Rank: 98
RUSIX Omega Ratio Rank: 98
RUSIX Calmar Ratio Rank: 99
RUSIX Martin Ratio Rank: 98

RBSIX

RBSIX Risk / Return Rank: 91
RBSIX Sharpe Ratio Rank: 98
RBSIX Sortino Ratio Rank: 98
RBSIX Omega Ratio Rank: 97
RBSIX Calmar Ratio Rank: 86
RBSIX Martin Ratio Rank: 75

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.

RUSIX vs. RBSIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for RBC Ultra-Short Fixed Income Fund (RUSIX) and RBC BlueBay Strategic Income Fund (RBSIX). 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.

	RUSIX	RBSIX	Difference
Sharpe ratio: Return per unit of total volatility	2.64	3.53	-0.90
Sortino ratio: Return per unit of downside risk	6.15	5.78	+0.37
Omega ratio: Gain probability vs. loss probability	2.45	1.87	+0.58
Calmar ratio: Return relative to maximum drawdown	9.70	3.91	+5.79
Martin ratio: Return relative to average drawdown	31.57	13.22	+18.35

RUSIX vs. RBSIX - Sharpe Ratio Comparison

The current RUSIX Sharpe Ratio is 2.64, which is comparable to the RBSIX Sharpe Ratio of 3.53. The chart below compares the historical Sharpe Ratios of RUSIX and RBSIX, 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

RUSIX vs. RBSIX - Drawdown Comparison

The maximum RUSIX drawdown since its inception was -5.60%, which is greater than RBSIX's maximum drawdown of -4.09%. Use the drawdown chart below to compare losses from any high point for RUSIX and RBSIX.

Drawdown Indicators

	RUSIX	RBSIX	Difference
Max Drawdown Largest peak-to-trough decline	-5.60%	-4.09%	-1.51%
Max Drawdown (1Y) Largest decline over 1 year	-0.40%	-1.37%	+0.97%
Max Drawdown (3Y) Largest decline over 3 years	-0.40%	-4.09%	+3.69%
Max Drawdown (5Y) Largest decline over 5 years	-3.83%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-5.60%	—	—
Current Drawdown Current decline from peak	-0.20%	-0.22%	+0.02%
Average Drawdown Average peak-to-trough decline	-0.34%	-0.77%	+0.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.12%	0.40%	-0.28%

Volatility

RUSIX vs. RBSIX - Volatility Comparison

RBC Ultra-Short Fixed Income Fund (RUSIX) has a higher volatility of 0.43% compared to RBC BlueBay Strategic Income Fund (RBSIX) at 0.36%. This indicates that RUSIX's price experiences larger fluctuations and is considered to be riskier than RBSIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RUSIX	RBSIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.43%	0.36%	+0.07%
Volatility (6M) Calculated over the trailing 6-month period	0.99%	1.09%	-0.10%
Volatility (1Y) Calculated over the trailing 1-year period	1.46%	1.52%	-0.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.53%	3.52%	-1.99%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.47%	3.52%	-2.05%

RUSIX vs. RBSIX - Expense Ratio Comparison

RUSIX has a 0.48% expense ratio, which is lower than RBSIX's 0.63% expense ratio.

Dividends

RUSIX vs. RBSIX - Dividend Comparison

RUSIX's dividend yield for the trailing twelve months is around 4.26%, less than RBSIX's 5.84% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
RBSIX RBC BlueBay Strategic Income Fund	5.84%	5.31%	4.46%	7.65%	5.37%	0.19%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
RUSIX RBC Ultra-Short Fixed Income Fund	4.26%	4.33%	4.61%	4.64%	2.37%	0.91%	1.82%	2.76%	2.41%	1.83%	1.57%	1.42%

Frequently Asked Questions

Can I hold both RUSIX and RBSIX in my portfolio?

RUSIX and RBSIX have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RUSIX or RBSIX?

RUSIX has higher volatility (0.43%) compared to RBSIX (0.36%). In terms of maximum drawdown, RUSIX dropped -5.60% vs RBSIX's -4.09%.

Which has better risk-adjusted returns?

RBSIX currently has the higher Sharpe Ratio (3.53 vs 2.64), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.