Key stats
About RBC GLOBAL ASSET MANAGEMENT INC U.S. BANKS YIELD INDEX ETF
Home page
Inception date
May 15, 2018
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Primary advisor
RBC Global Asset Management, Inc.
The fund invests in and hold the constituent securities of an index that includes stocks of 21 largest banks in the US. Stocks are selected by market capitalization and weighted based on their indicative annual dividend yields. The seven highest dividend yielding US bank stocks each receive a 7.14% weight. The next seven stocks with the highest dividend yield receive each receive a 4.76% weight and the seven lowest dividend yielding stocks each receive a 2.38% weight. The index is rebalanced every quarter.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Stocks99.94%
Finance99.94%
Bonds, Cash & Other0.06%
Cash0.06%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
RUBY top holdings are Citizens Financial Group, Inc. and Ally Financial Inc, occupying 7.63% and 7.31% of the portfolio correspondingly.
RUBY last dividends amounted to 0.06 CAD. The month before, the issuer paid 0.06 CAD in dividends,
RUBY assets under management is 11.06 M CAD. It's fallen 37.22% over the last month.
RUBY fund flows account for −4.88 M CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, RUBY pays dividends to its holders with the dividend yield of 2.94%. The last dividend (Jun 30, 2025) amounted to 0.06 CAD. The dividends are paid monthly.
RUBY shares are issued by Royal Bank of Canada under the brand RBC. The ETF was launched on May 15, 2018, and its management style is Passive.
RUBY expense ratio is 0.35% meaning you'd have to pay 0.35% of your investment to help manage the fund.
RUBY follows the Solactive U.S. Bank Yield Index - CAD. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
RUBY invests in stocks.
RUBY price has risen by 11.49% over the last month, and its yearly performance shows a 24.98% increase. See more dynamics on RUBY price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 11.50% over the last month, showed a 29.76% increase in three-month performance and has increased by 32.69% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 11.50% over the last month, showed a 29.76% increase in three-month performance and has increased by 32.69% in a year.
RUBY trades at a premium (0.13%) meaning the ETF is trading at a higher price than the calculated NAV.