WSTAX vs. RTEC.NEO

Last updated Jun 5, 2026

WSTAX (Nomura Science and Technology Fund Class A) and RTEC.NEO (RBC Global Technology Fund ETF Series) are both Technology Equities funds. Over the past 3 years, WSTAX returned 52.16%/yr vs 30.27%/yr for RTEC.NEO. A 0.62 correlation means they provide meaningful diversification when combined. WSTAX charges 1.17%/yr vs 1.02%/yr for RTEC.NEO.

Performance

WSTAX vs. RTEC.NEO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Nomura Science and Technology Fund Class A (WSTAX) and RBC Global Technology Fund ETF Series (RTEC.NEO). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

WSTAX is traded in USD, while RTEC.NEO is traded in CAD. To make them comparable, the RTEC.NEO values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, WSTAX achieves a 41.67% return, which is significantly higher than RTEC.NEO's 17.89% return.

WSTAX

• 1D: -0.10%
• 1M: 13.98%
• YTD: 41.67%
• 6M: 42.23%
• 1Y: 75.31%
• 3Y*: 52.16%
• 5Y*: 25.06%
• 10Y*: 24.73%

RTEC.NEO

• 1D: -0.39%
• 1M: 9.55%
• YTD: 17.89%
• 6M: 17.94%
• 1Y: 41.98%
• 3Y*: 30.27%
• 5Y*: —
• 10Y*: —

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

WSTAX vs. RTEC.NEO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
WSTAX Nomura Science and Technology Fund Class A	41.67%	33.91%	59.64%	26.14%
RTEC.NEO RBC Global Technology Fund ETF Series	17.89%	22.80%	31.77%	41.58%

Correlation

The correlation between WSTAX and RTEC.NEO is 0.65, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.65
Correlation (3Y) Calculated over the trailing 3-year period	0.63
Correlation (All Time) Calculated using the full available price history since Mar 6, 2023	0.62

The correlation between WSTAX and RTEC.NEO has been stable across timeframes, ranging from 0.62 to 0.65 - a consistent structural relationship.

Return for Risk

WSTAX vs. RTEC.NEO — Risk / Return Rank

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

WSTAX

WSTAX Risk / Return Rank: 86
WSTAX Sharpe Ratio Rank: 94
WSTAX Sortino Ratio Rank: 79
WSTAX Omega Ratio Rank: 79
WSTAX Calmar Ratio Rank: 90
WSTAX Martin Ratio Rank: 88

RTEC.NEO

RTEC.NEO Risk / Return Rank: 64
RTEC.NEO Sharpe Ratio Rank: 78
RTEC.NEO Sortino Ratio Rank: 70
RTEC.NEO Omega Ratio Rank: 80
RTEC.NEO Calmar Ratio Rank: 54
RTEC.NEO Martin Ratio Rank: 41

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.

WSTAX vs. RTEC.NEO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Nomura Science and Technology Fund Class A (WSTAX) and RBC Global Technology Fund ETF Series (RTEC.NEO). 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.

	WSTAX	RTEC.NEO	Difference
Sharpe ratio: Return per unit of total volatility	3.25	2.29	+0.96
Sortino ratio: Return per unit of downside risk	3.80	3.09	+0.71
Omega ratio: Gain probability vs. loss probability	1.52	1.43	+0.09
Calmar ratio: Return relative to maximum drawdown	4.61	2.60	+2.02
Martin ratio: Return relative to average drawdown	16.88	9.07	+7.80
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WSTAX vs. RTEC.NEO - Sharpe Ratio Comparison

The current WSTAX Sharpe Ratio is 3.25, which is higher than the RTEC.NEO Sharpe Ratio of 2.29. The chart below compares the historical Sharpe Ratios of WSTAX and RTEC.NEO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	WSTAX	RTEC.NEO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.25	2.29	+0.96
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.68	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.81	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.53	1.57	-1.04

Drawdowns

WSTAX vs. RTEC.NEO - Drawdown Comparison

The maximum WSTAX drawdown since its inception was -55.39%, which is greater than RTEC.NEO's maximum drawdown of -25.17%. Use the drawdown chart below to compare losses from any high point for WSTAX and RTEC.NEO.

Drawdown Indicators

	WSTAX	RTEC.NEO	Difference
Max Drawdown Largest peak-to-trough decline	-55.39%	-25.17%	-30.22%
Max Drawdown (1Y) Largest decline over 1 year	-16.73%	-16.24%	-0.49%
Max Drawdown (3Y) Largest decline over 3 years	-27.35%	-25.17%	-2.18%
Max Drawdown (5Y) Largest decline over 5 years	-55.39%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-55.39%	—	—
Current Drawdown Current decline from peak	-0.10%	-1.28%	+1.18%
Average Drawdown Average peak-to-trough decline	-14.94%	-3.46%	-11.48%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.56%	4.64%	-0.08%

Volatility

WSTAX vs. RTEC.NEO - Volatility Comparison

Nomura Science and Technology Fund Class A (WSTAX) has a higher volatility of 7.21% compared to RBC Global Technology Fund ETF Series (RTEC.NEO) at 4.76%. This indicates that WSTAX's price experiences larger fluctuations and is considered to be riskier than RTEC.NEO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WSTAX	RTEC.NEO	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.21%	4.76%	+2.45%
Volatility (6M) Calculated over the trailing 6-month period	18.76%	14.79%	+3.97%
Volatility (1Y) Calculated over the trailing 1-year period	23.78%	18.41%	+5.37%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	36.95%	22.91%	+14.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.71%	22.91%	+7.80%

WSTAX vs. RTEC.NEO - Expense Ratio Comparison

WSTAX has a 1.17% expense ratio, which is higher than RTEC.NEO's 1.02% expense ratio.

Dividends

WSTAX vs. RTEC.NEO - Dividend Comparison

WSTAX's dividend yield for the trailing twelve months is around 12.93%, while RTEC.NEO has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
RTEC.NEO RBC Global Technology Fund ETF Series	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
WSTAX Nomura Science and Technology Fund Class A	12.93%	18.32%	36.08%	11.62%	33.72%	42.99%	8.89%	11.48%	13.99%	6.95%	0.00%	2.50%

Frequently Asked Questions

Can I hold both WSTAX and RTEC.NEO in my portfolio?

WSTAX and RTEC.NEO have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.