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RUSIX vs. RIBIX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

RUSIX vs. RIBIX

Last updated Jun 23, 2026

RUSIX (RBC Ultra-Short Fixed Income Fund) and RIBIX (RBC Impact Bond Fund) are both mutual funds - RUSIX is a Ultrashort Bond fund managed by RBC Global Asset Management., while RIBIX is a Intermediate Core Bond fund managed by RBC Global Asset Management.. Over the past 5 years, RUSIX returned 3.76%/yr vs -1.04%/yr for RIBIX. At a 0.43 correlation, their price movements are largely independent. RUSIX charges 0.48%/yr vs 0.73%/yr for RIBIX.

Performance

RUSIX vs. RIBIX - Performance Comparison

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

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Returns By Period

In the year-to-date period, RUSIX achieves a 1.22% return, which is significantly higher than RIBIX's -1.54% 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%

RIBIX

1D
0.24%
1M
0.40%
YTD
-1.54%
6M
-1.20%
1Y
1.61%
3Y*
2.82%
5Y*
-1.04%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

RUSIX vs. RIBIX - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
RUSIX
RBC Ultra-Short Fixed Income Fund		1.22%4.53%6.78%8.13%-1.43%0.10%2.58%4.18%1.60%0.27%
RIBIX
RBC Impact Bond Fund		-1.54%5.95%1.11%5.50%-14.47%-1.86%7.98%7.53%-0.60%0.00%

Correlation

The correlation between RUSIX and RIBIX is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.

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

0.41

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

0.43

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

0.48

Correlation (All Time)
Calculated using the full available price history since Dec 29, 2017

0.43

Compare stocks, funds, or ETFs

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RBC Ultra-Short Fixed Income Fund

RBC Impact Bond Fund

Often compared with RUSIX:
RUSIX vs. REEIXRUSIX vs. RGOIXRUSIX vs. ACCSXRUSIX vs. RBESXRUSIX vs. REMVXRUSIX vs. CUTAXRUSIX vs. RBSIX
Often compared with RIBIX:
RIBIX vs. RGOIXRIBIX vs. TMCIXRIBIX vs. REMVXRIBIX vs. RBESXRIBIX vs. REEIXRIBIX vs. RSDIXRIBIX vs. PNIIX

Return for Risk

RUSIX vs. RIBIX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
RUSIX
RUSIX Risk / Return Rank: 9696
Overall Rank
RUSIX Sharpe Ratio Rank: 8787
Sharpe Ratio Rank
RUSIX Sortino Ratio Rank: 9898
Sortino Ratio Rank
RUSIX Omega Ratio Rank: 9898
Omega Ratio Rank
RUSIX Calmar Ratio Rank: 9999
Calmar Ratio Rank
RUSIX Martin Ratio Rank: 9898
Martin Ratio Rank
RIBIX
RIBIX Risk / Return Rank: 66
Overall Rank
RIBIX Sharpe Ratio Rank: 66
Sharpe Ratio Rank
RIBIX Sortino Ratio Rank: 55
Sortino Ratio Rank
RIBIX Omega Ratio Rank: 55
Omega Ratio Rank
RIBIX Calmar Ratio Rank: 66
Calmar Ratio Rank
RIBIX Martin Ratio Rank: 66
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.

RUSIX vs. RIBIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for RBC Ultra-Short Fixed Income Fund (RUSIX) and RBC Impact Bond Fund (RIBIX). 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.

RUSIXRIBIXDifference
Sharpe ratioReturn per unit of total volatility
2.64
0.42

+2.22

Sortino ratioReturn per unit of downside risk
6.15
0.59

+5.56

Omega ratioGain probability vs. loss probability

2.45

1.07

+1.38

Calmar ratioReturn relative to maximum drawdown

9.70

0.53

+9.17

Martin ratioReturn relative to average drawdown

31.57

1.43

+30.14

RUSIX vs. RIBIX - Sharpe Ratio Comparison

The current RUSIX Sharpe Ratio is 2.64, which is higher than the RIBIX Sharpe Ratio of 0.42. The chart below compares the historical Sharpe Ratios of RUSIX and RIBIX, 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

RUSIX vs. RIBIX - Drawdown Comparison

The maximum RUSIX drawdown since its inception was -5.60%, smaller than the maximum RIBIX drawdown of -19.37%. Use the drawdown chart below to compare losses from any high point for RUSIX and RIBIX.

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Drawdown Indicators

RUSIXRIBIXDifference

Max Drawdown

Largest peak-to-trough decline

-5.60%

-19.37%

+13.77%

Max Drawdown (1Y)

Largest decline over 1 year

-0.40%

-3.29%

+2.89%

Max Drawdown (3Y)

Largest decline over 3 years

-0.40%

-6.20%

+5.80%

Max Drawdown (5Y)

Largest decline over 5 years

-3.83%

-18.98%

+15.15%

Max Drawdown (10Y)

Largest decline over 10 years

-5.60%

—

—

Current Drawdown

Current decline from peak

-0.20%

-6.87%

+6.67%

Average Drawdown

Average peak-to-trough decline

-0.34%

-6.43%

+6.09%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.12%

1.21%

-1.09%

Volatility

RUSIX vs. RIBIX - Volatility Comparison

The current volatility for RBC Ultra-Short Fixed Income Fund (RUSIX) is 0.43%, while RBC Impact Bond Fund (RIBIX) has a volatility of 1.20%. This indicates that RUSIX experiences smaller price fluctuations and is considered to be less risky than RIBIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

RUSIXRIBIXDifference

Volatility (1M)

Calculated over the trailing 1-month period

0.43%

1.20%

-0.77%

Volatility (6M)

Calculated over the trailing 6-month period

0.99%

2.97%

-1.98%

Volatility (1Y)

Calculated over the trailing 1-year period

1.46%

4.18%

-2.72%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

1.53%

5.97%

-4.44%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

1.47%

5.17%

-3.70%

RUSIX vs. RIBIX - Expense Ratio Comparison

RUSIX has a 0.48% expense ratio, which is lower than RIBIX's 0.73% expense ratio.

Dividends

RUSIX vs. RIBIX - Dividend Comparison

RUSIX's dividend yield for the trailing twelve months is around 4.26%, more than RIBIX's 3.55% yield.

PositionTTM20252024202320222021202020192018201720162015
RIBIX
RBC Impact Bond Fund		3.55%4.02%3.35%2.50%2.10%1.94%3.28%3.91%2.44%0.05%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

RUSIX and RIBIX have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

RIBIX has higher volatility (1.20%) compared to RUSIX (0.43%). In terms of maximum drawdown, RUSIX dropped -5.60% vs RIBIX's -19.37%.

RUSIX currently has the higher Sharpe Ratio (2.64 vs 0.42), 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.

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