Opinions
Larry Berman CFA, CMT, CTA
RBC Canadian Bank Yield Index ETF
RBNK.TO-T
COMMENT
May 10, 2021
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.
Advertising
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.