RBC U.S. Banks Yield (CAD Hedged) Index ETF
RUBH.TO
Toronto Stock Exchange- -
CAD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- Canada
- IPO Date
- May 22, 2018
- Website
- rbcgam.com
- Similar Companies
- Business
- RBC U.S. Banks Yield (CAD Hedged) Index ETF (RUBH.TO) is an exchange-traded fund managed by RBC Global Asset Management Inc. that seeks to replicate, to the extent possible and before fees and expenses, the performance of the Solactive U.S. Bank Yield NTR (CAD Hedged) Index by investing substantially all of its assets in units of the RBC U.S. Banks Yield Index ETF; this provides exposure to a portfolio of U.S. bank stocks focused on yield, including growth and value stocks of large-cap companies operating in the financials and banks sectors such as Huntington Bancshares Inc., U.S. Bancorp, Ally Financial Inc., Regions Financial Corp., Fifth Third Bancorp, PNC Financial Services Group Inc., Citizens Financial Group Inc., Bank of America Corp., M&T Bank Corp., and Citigroup Inc.. The ETF offers monthly distributions, a management expense ratio of 0.32%, and trades on the Toronto Stock Exchange in Canadian dollars with currency hedging to minimize U.S. dollar-Canadian dollar fluctuations; its investment mix consists primarily of U.S. equities (99.6%) with minimal cash and other assets.. Launched on May 15, 2018, and domiciled in Canada with headquarters aligned to RBC Global Asset Management Inc. at 155 Wellington Street West, Suite 2200, Toronto, Ontario, the ETF targets investors seeking exposure to large U.S. banks while accepting high volatility risk.. In a significant recent development, effective on or about September 12, 2025, the ETF will terminate operations, with a voluntary delisting from the TSX anticipated on or about September 9, 2025, following assets under management of $11.1 million as of April 30, 2025..