RBC Quant U.S. Dividend Leaders (CAD Hedged) ETF
RUDH.TO
Toronto Stock Exchange- -
CAD
- -
- -
- -
- -
(- -)
Recent
price
- -
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- RBC Quant U.S. Dividend Leaders (CAD Hedged) ETF (RUDH.TO) is an exchange-traded fund managed by RBC Global Asset Management Inc. that seeks to provide unitholders with exposure to the performance of a diversified portfolio of high-quality U.S. dividend-paying equity securities across diversified sectors, offering regular income and potential for long-term capital growth; it primarily invests in the RBC Quant U.S. Dividend Leaders ETF (RUD), utilizing derivatives such as foreign exchange forwards to hedge U.S. dollar exposure back to Canadian dollars; the fund targets dividend-paying stocks of companies across all market capitalizations, incorporates environmental, social, and governance (ESG) factors where applicable, and employs a modified capitalization weighting methodology with quarterly reconstitution and rebalancing, maintaining 100-200 holdings on average. Launched on September 30, 2014, with units beginning trading on October 22, 2014, on the Toronto Stock Exchange, the ETF is domiciled in Canada and eligible for registered plans including RRSPs; it distributes income monthly, with recent ex-dividend dates such as July 24, 2024, and features an expense ratio of 0.47%, assets under management of approximately CAD 137 million, and a management fee of 0.39%; RBC Global Asset Management Inc., the fund's manager and part of Royal Bank of Canada, is headquartered at 200 Bay Street, Royal Bank Plaza, South Tower, Toronto, Ontario, with roots tracing to 1933. The ETF serves Canadian investors seeking U.S. equity income with currency risk mitigation, focusing on socially conscious companies that promote environmental responsibility; it operates primarily in the U.S. public equity markets while listed and traded in Canada. No major acquisitions, funding rounds, partnerships, new product launches, or strategic shifts specific to RUDH.TO have been reported in the last 1-2 years; the ETF continues its established quantitative strategy without recent reorganizations or name changes beyond a historical ticker update from RHU to RUDH in 2017.