Opinions Larry Berman CFA, CMT, CTA
RBC Canadian Bank Yield Index ETFRBNK.TO.TOCOMMENTMay 10, 2021
Larry Berman CFA, CMT, CTAUnknown
N/A
Stock price when the opinion was issued
E.T.F.'s
It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.
RBNK is a rather newer ETF that is weighted by the yield of the banks. You get extra yield in CIBC, RBC and Scotia which would be weighted a little more. HCA uses a mean reversion that overweights some that have underperformed and under-weights some that have out performed.