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RBC Canadian Bank Yield Index ETF (RBNK : TSX)

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Financial Services Equity

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

Click for more information on Fundata’s FundGrade.

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

Fundata ESG Grade A

Click for more information on Fundata’s ESG Grade.

FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2022

Click for more information on Fundata’s FundGrade

Close
(04-21-2025) 		$26.46
Change
-$0.10 (-0.38%)
Open $26.44
Day Range $26.31 - $26.52
Volume 12,918

As at March 31, 2025

As at March 31, 2025

As at March 31, 2025

  • Closing Price / Volume
Period
Created with Highcharts 10.3.3Closing PriceVolumeJan 2018Jul 2018Jan 2019Jul 2019Jan 2020Jul 2020Jan 2021Jul 2021Jan 2022Jul 2022Jan 2023Jul 2023Jan 2024Jul 2024Jan 2025May 2024Jun 2024Jul 2024Aug 2024Sep 2024Sep 2024Oct 2024Nov 2024Dec 2024Jan 2025Feb 2025Mar 2025Apr 20252018-01-012019-01-012020-01-012021-01-012022-01-012023-01-012024-01-012025-01-012025-0…$10.00$15.00$20.00$25.00$30.00$35.00$22.00$24.00$26.00$28.0001,000,000250,000500,000Period
Created with Highcharts 10.3.3Jan 2018Jul 2018Jan 2019Jul 2019Jan 2020Jul 2020Jan 2021Jul 2021Jan 2022Jul 2022Jan 2023Jul 2023Jan 2024Jul 2024Jan 2025May 2024Jun 2024Jul 2024Aug 2024Sep 2024Sep 2024Oct 2024Nov 2024Dec 2024Jan 2025Feb 2025Mar 2025Apr 20252018-01-012019-01-012020-01-012021-01-012022-01-012023-01-012024-01-012025-01-012025-…0%-50%-25%25%50%-10%-5%5%10%15%20%Period

Legend

RBC Canadian Bank Yield Index ETF

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Fund Returns

Inception Return (October 19, 2017): 8.64%

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 -4.20% -2.32% 2.81% -2.32% 13.34% 14.40% 3.97% 8.94% 16.53% 10.62% 9.10% - - -
Benchmark -1.76% 5.85% 13.57% 5.85% 26.62% 26.15% 15.14% 13.78% 17.67% 11.36% 9.74% 10.06% 11.50% 9.49%
Category Average -3.73% 7.17% 7.17% 0.36% 18.12% 19.80% 8.59% 9.21% 17.00% 10.21% 8.39% 8.87% 10.41% 8.81%
Category Rank 49 / 80 41 / 77 45 / 76 41 / 77 45 / 76 43 / 70 41 / 59 31 / 56 23 / 51 25 / 51 23 / 46 - - -
Quartile Ranking 3 3 3 3 3 3 3 3 2 2 2 - - -

Monthly Return

Created with Highcharts 10.3.3Apr 24May 24Jun 24Jul 24Aug 24Sep 24Oct 24Nov 24Dec 24Jan 25Feb 25Mar 25-10%-5%0%5%10%
Monthly Return
Return % Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Fund -4.99% 1.95% -3.20% 6.79% 2.78% 7.12% 0.74% 5.87% -1.31% 2.67% -0.69% -4.20%
Benchmark -1.77% 3.17% -0.07% 6.67% 1.09% 2.08% 2.26% 6.63% -1.59% 6.02% 1.62% -1.76%

Best Monthly Return Since Inception

14.13% (November 2020)

Worst Monthly Return Since Inception

-17.75% (March 2020)

Calendar Return (%)

Created with Highcharts 10.3.3-20%0%20%40%60%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund - - - -9.38% 17.00% 3.28% 40.27% -13.07% 11.07% 22.97%
Benchmark 14.20% 6.34% 15.24% -4.99% 19.43% -5.24% 22.05% -5.68% 13.41% 31.42%
Category Average 6.19% 11.10% 15.65% -8.72% 20.37% 0.17% 28.60% -10.67% 9.26% 27.44%
Quartile Ranking - - - 3 3 2 1 3 2 3
Category Rank - - - 29/ 45 32/ 49 14/ 51 2/ 56 34/ 56 32/ 65 53/ 75

Best Calendar Return (Last 10 years)

40.27% (2021)

Worst Calendar Return (Last 10 years)

-13.07% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 99.92
Cash and Equivalents 0.08

Sector Allocation

Sector Allocation
Name Percent
Financial Services 99.92
Cash and Cash Equivalent 0.08

Geographic Allocation

Geographic Allocation
Name Percent
North America 100.00

Top Holdings

Top Holdings
Name Percent
Toronto-Dominion Bank 27.39
Bank of Nova Scotia 24.15
Bank of Montreal 16.76
Canadian Imperial Bank of Commerce 15.52
National Bank of Canada 8.08
Royal Bank of Canada 8.03
Canadian Dollar CAD 0.08

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)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return1516171819202122232425262728293031-10%0%10%20%30%40%

RBC Canadian Bank Yield Index ETF

Median

Other - Financial Services Equity

3 Yr Annualized

Standard Deviation 18.19% 17.29% -
Beta 1.10% 1.05% -
Alpha -0.11% -0.01% -
Rsquared 0.72% 0.66% -
Sharpe 0.09% 0.84% -
Sortino 0.21% 1.41% -
Treynor 0.01% 0.14% -
Tax Efficiency 49.64% 87.53% -
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 14.40% 18.19% 17.29% -
Beta 1.08% 1.10% 1.05% -
Alpha -0.13% -0.11% -0.01% -
Rsquared 0.66% 0.72% 0.66% -
Sharpe 0.67% 0.09% 0.84% -
Sortino 1.33% 0.21% 1.41% -
Treynor 0.09% 0.01% 0.14% -
Tax Efficiency 84.62% 49.64% 87.53% -

Fundata ESG Metrics

Fundata ESG Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A99.9​99.985.1​85.10%10%20%30%40%50%60%70%80%90%100%

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

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A99.1​99.178.2​78.20%10%20%30%40%50%60%70%80%90%100%

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

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A99.5​99.588.9​88.90%10%20%30%40%50%60%70%80%90%100%

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

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A99.9​99.983.0​83.00%10%20%30%40%50%60%70%80%90%100%

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.

View the full methodology

Fund Details

Start Date October 19, 2017
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 $29.03
52 Week Low $22.84
Annual Dividend $1.28
Annual Yield -
Index Solactive Canada Bank 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

The RBC Canadian Bank Yield Index ETF seeks to replicate, to the extent possible and before fees and expenses, the performance of a portfolio of Canadian bank stocks. Currently, the RBC Canadian Bank Yield Index ETF seeks to track the Solactive Canada Bank Yield Index (or any successor thereto).

Investment Strategy

The investment strategy of the RBC Canadian Bank Yield Index ETF is to invest in and hold a proportionate share of the Constituent Securities of the Solactive Canada Bank Yield Index in a manner that seeks to replicate the performance of the Solactive Canada Bank Yield Index, in order to achieve its investment objectives. The RBC Canadian Bank Yield Index ETF may also hold cash and cash equivalents or other money market instruments in order to meet its current obligations.

Portfolio Management

Portfolio Manager

RBC Global Asset Mgmt Inc.

Sub-Advisor

-

Management and Organization

Fund Manager

RBC Global Asset Mgmt Inc.

Custodian

RBC Investor Services Trust (Canada)
Registrar

TSX Trust Company
Distributor

-

Fees

MER 0.32%
Management Fee 0.29%

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