Join Fund Library now and get free access to personalized features to help you manage your investments.

RBC U.S. Banks Yield Index ETF - CAD Units (RUBY : TSX)

Financial Services Equity

FundGrade D Click for more information on Fundata’s FundGrade

FundGrade D

Click for more information on Fundata’s FundGrade.

Fundata ESG GradeC Click for more information on Fundata’s ESG Grade

Fundata ESG Grade C

Click for more information on Fundata’s ESG Grade.

Close
(06-13-2024)
$19.12
Change
-$0.14 (-0.73%)
Open -
Day Range - - -
Volume 0

As at May 31, 2024

As at May 31, 2024

As at February 29, 2024

Period
Loading...
Loading...

Legend

RBC U.S. Banks Yield Index ETF - CAD Units

Compare Options


Fund Returns

Inception Return (May 15, 2018): 2.14%

Fund Returns
Row Heading Return Annualized Return
1 Mth 3 Mth 6 Mth YTD 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 6 Yr 7 Yr 8 Yr 9 Yr 10 Yr
Fund 1.56% 6.61% 21.89% 10.31% 35.24% -0.25% -2.78% 9.97% 4.73% 2.74% - - - -
Benchmark 3.17% 5.16% 15.39% 11.35% 28.12% 13.59% 8.67% 14.13% 8.59% 7.65% 7.61% 9.40% 7.76% 9.07%
Category Average 2.98% 15.74% 15.74% 8.22% 24.15% 6.46% 3.86% 14.06% 8.61% 7.01% 7.58% 8.84% 7.52% 8.15%
Category Rank 69 / 75 17 / 75 8 / 74 25 / 74 12 / 71 46 / 58 50 / 55 40 / 50 39 / 50 38 / 47 - - - -
Quartile Ranking 4 1 1 2 1 4 4 4 4 4 - - - -

Monthly Return

Monthly Return
Return % Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May
Fund 3.18% 12.47% -6.53% -5.08% -4.37% 12.69% 10.50% 1.48% 1.97% 8.61% -3.36% 1.56%
Benchmark 2.93% 4.62% -0.85% -2.45% -0.85% 7.51% 3.63% 1.30% 4.53% 3.76% -1.77% 3.17%

Best Monthly Return Since Inception

16.30% (November 2020)

Worst Monthly Return Since Inception

-24.44% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - - - 27.64% -9.69% 33.42% -12.92% -7.30%
Benchmark 14.35% 14.20% 6.34% 15.24% -4.99% 19.43% -5.24% 22.05% -5.68% 13.41%
Category Average 10.01% 6.19% 11.10% 15.65% -8.72% 20.37% 0.17% 28.60% -10.67% 9.26%
Quartile Ranking - - - - - 1 4 2 3 4
Category Rank - - - - - 12/ 48 43/ 50 16/ 55 33/ 55 59/ 64

Best Calendar Return (Last 10 years)

33.42% (2021)

Worst Calendar Return (Last 10 years)

-12.92% (2022)

Asset Allocation

Asset Allocation
Name Percent
US Equity 99.94
Cash and Equivalents 0.06

Sector Allocation

Sector Allocation
Name Percent
Financial Services 99.94
Cash and Cash Equivalent 0.06

Geographic Allocation

Geographic Allocation
Name Percent
North America 100.00

Top Holdings

Top Holdings
Name Percent
First Horizon Corp 7.42
Citizens Financial Group Inc 7.23
Huntington Bancshares Inc 7.22
PNC Financial Services Group Inc 7.17
Truist Financial Corp 7.02
Regions Financial Corp 7.02
US Bancorp 6.97
M&T Bank Corp 4.89
Fifth Third Bancorp 4.78
Ally Financial Inc 4.73

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

RBC U.S. Banks Yield Index ETF - CAD Units

Median

Other - Financial Services Equity

3 Yr Annualized

Standard Deviation 25.52% 27.17% -
Beta 1.53% 1.49% -
Alpha -0.14% -0.06% -
Rsquared 0.65% 0.73% -
Sharpe -0.09% 0.24% -
Sortino -0.13% 0.27% -
Treynor -0.02% 0.04% -
Tax Efficiency - 78.06% -
Volatility Volatility rating is 10 on a scale of 1 to 10 Volatility rating is 10 on a scale of 1 to 10 -

Risk Rating

Rating 10 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 23.97% 25.52% 27.17% -
Beta 2.01% 1.53% 1.49% -
Alpha -0.18% -0.14% -0.06% -
Rsquared 0.79% 0.65% 0.73% -
Sharpe 1.18% -0.09% 0.24% -
Sortino 2.89% -0.13% 0.27% -
Treynor 0.14% -0.02% 0.04% -
Tax Efficiency 95.39% - 78.06% -

Fundata ESG Metrics

Fundata ESG Score

The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.

Fundata E Score

Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.

Fundata S Score

Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.

Fundata G Score

Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.

Powered by OWL Analytics. For more information, please contact Fundata Canada.

Fund Details

Start Date May 15, 2018
Instrument Type Exchange Traded Fund
Share Class Do-It-Yourself
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) -
52 Week High $20.49
52 Week Low $13.98
Annual Dividend $0.62
Annual Yield -
Index Solactive U.S. Banks Yield Index
Shares Outstanding -
Registered Plan Eligible Yes

ETF Characteristics

Exposure 1x performance
Asset Class High -
Asset Class Medium -
Asset Class Low -
Leveraged -
Inverse -
Advisor Series -
Covered Call Strategy No

Investment Objectives

RBC U.S. Banks Yield Index ETF seeks to replicate, to the extent possible and before fees and expenses, the performance of a U.S. bank stocks index. Currently, the RBC U.S. Banks Yield Index ETF seeks to track the Solactive U.S. Banks Yield Index (or any successor thereto).

Investment Strategy

The RBC U.S. Banks Yield Index ETF seeks to track the Solactive U.S. Banks Yield Index (or any successor thereto). The investment strategy of the RBC U.S. Banks Yield Index ETF is to invest in and hold the Constituent Securities of the Solactive U.S. Banks Yield Index in substantially the same proportion as they are reflected inthe Solactive U.S. Banks Yield Index or securities intended to replicate the performance of the Index.

Portfolio Manager(s)

Name Start Date
RBC Global Asset Mgmt Inc. 05-15-2018

Management and Organization

Fund Manager RBC Global Asset Mgmt Inc.
Advisor RBC Global Asset Mgmt Inc.
Custodian -
Registrar TSX Trust Company
Distributor -
Auditor PriceWaterhouseCoopers LLP

Fees

MER 0.32%
Management Fee 0.29%

Join Fund Library now and get free access to personalized features to help you manage your investments.