(RCD) RBC Quant Canadian Dividend - Ratings and Ratios

The RBC Quant Canadian Dividend Leaders ETF (TO:RCD) is a Canadian equity ETF that tracks the Morningstar Canada GR CAD Index, providing exposure to dividend-paying Canadian stocks. As a quant-driven fund, it employs a rules-based approach to select and weight its holdings.

With an AUM of $235.33M CAD, RCD offers a relatively stable source of income through its dividend-focused strategy. The funds underlying index is designed to capture the performance of Canadian companies with a history of paying consistent dividends, making it an attractive option for income-seeking investors.

From a performance perspective, RCD has demonstrated a relatively stable price action, with a 52-week high of $32.82 and a low of $26.92. The funds current price is $32.74, indicating a strong recovery from its 52-week low. Key performance indicators (KPIs) such as the dividend yield, payout ratio, and expense ratio would be essential in evaluating RCDs overall performance and attractiveness.

To further assess RCDs investment merit, we can examine additional KPIs, such as the funds tracking error, Sharpe ratio, and information ratio, which can provide insights into its risk-adjusted performance and ability to replicate its underlying index. Moreover, analyzing the funds sector allocation, market capitalization distribution, and dividend growth rate can help investors understand its underlying drivers and potential areas of risk.