Question 1

What is RBO?

Accepted Answer

RBO (RBC 1-5 Year Laddered Corporate Bond) is a Canadian-listed ETF trading on the TSX in the Canadian Short Term Fixed Income category. It tracks the Morningstar Can 1-5Y Core Bd GR CAD.

Question 2

What is the RBO ETF price today?

Accepted Answer

RBO last traded at $18.66 CAD on the TSX. See the price chart above for recent performance.

Question 3

What is the RBO MER (management expense ratio)?

Accepted Answer

RBO has a management expense ratio (MER) of 0% per year. This fee is automatically deducted from the fund's assets, so you never pay it directly — but it does reduce your net returns over time. At 0%, RBO is considered a low-cost ETF.

Question 4

What are RBO annualised returns?

Accepted Answer

RBO historical returns: YTD: -0.53%, 1-year: +3.23%, 3-year annualised: +5.33%, 5-year annualised: +2.29%, 10-year annualised: +2.38%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 0.86, which measures risk-adjusted return.

Question 5

Does RBO pay dividends or distributions?

Accepted Answer

Yes, RBO distributes income to unitholders. The current distribution yield is approximately 3.90%, paid monthly. Distributions may include dividends, interest, capital gains, or return of capital depending on the fund's holdings. In a TFSA or RRSP, distributions are sheltered from tax.

Question 6

What does RBO invest in?

Accepted Answer

RBO's top holdings include RBC Target 2027 Canadian Corporate Bond Index ETF (RQP, 20.0%), RBC Target 2031 Canadian Corporate Bond ETF (RQT, 20.0%), RBC Target 2028 Corporate Bond ETF (RQQ, 20.0%), RBC Target 2029 Corporate Bond ETF (RQR, 20.0%), RBC Target 2030 Canadian Corporate Bond Index ETF (RQS, 20.0%). See the full Top 10 Holdings table above for a complete breakdown. The fund tracks the Morningstar Can 1-5Y Core Bd GR CAD.

Question 7

What sectors does RBO invest in?

Accepted Answer

RBO's largest sector exposures are Basic Materials (0.0%), Consumer Cyclicals (0.0%), Financial Services (0.0%). The full sector breakdown is shown in the Sector Weights table on this page.

Question 8

How large is RBO? (Assets under management)

Accepted Answer

RBO has approximately $202M in assets under management (AUM). Larger AUM generally means better liquidity, tighter bid-ask spreads, and a lower risk of the fund being wound down.

Question 9

When was RBO launched?

Accepted Answer

RBO was launched on January 9, 2014, giving it a 12-year track record. A longer history makes it easier to evaluate how the ETF performs across different market cycles.

Question 10

How do I buy RBO in Canada?

Accepted Answer

RBO trades on the TSX under the ticker RBO. You can buy it through any Canadian brokerage, including Wealthsimple Trade (commission-free), Questrade, TD Direct Investing, RBC Direct, and CIBC Investor's Edge. It can be held in a TFSA, RRSP, FHSA, or taxable account.

Question 11

How risky is RBO?

Accepted Answer

RBO has a 1-year volatility of 1.81% and a beta of 1.06 (roughly in line with the broad market). Its 3-year Sharpe ratio of 0.86 indicates moderate risk-adjusted returns. As with all market-linked investments, past volatility does not predict future risk.

Date	Open	High	Low	Close	Adj Close	Volume
2026-07-20	$18.66	$18.67	$18.63	$18.66	$18.66	8,685
2026-07-17	$18.67	$18.67	$18.63	$18.65	$18.65	9,007
2026-07-16	$18.67	$18.67	$18.65	$18.65	$18.65	9,861
2026-07-15	$18.67	$18.67	$18.66	$18.67	$18.67	3,707
2026-07-14	$18.64	$18.64	$18.64	$18.64	$18.64	1,616
2026-07-13	$18.64	$18.64	$18.63	$18.64	$18.64	10,130
2026-07-10	$18.67	$18.67	$18.65	$18.65	$18.65	18,499
2026-07-09	$18.67	$18.67	$18.65	$18.65	$18.65	5,505
2026-07-08	$18.62	$18.65	$18.62	$18.65	$18.65	4,868
2026-07-07	$18.67	$18.69	$18.67	$18.67	$18.67	10,591

Sector	Weight
Basic Materials	0.00%
Consumer Cyclicals	0.00%
Financial Services	0.00%
Real Estate	0.00%
Communication Services	0.00%
Energy	0.00%
Industrials	0.00%
Technology	0.00%
Consumer Defensive	0.00%
Healthcare	0.00%
Utilities	0.00%

RBC 1-5 Year Laddered Corporate Bond (RBO : TSX)

CIBC Investor's Edge

Price Chart (30 Days)

Key Statistics

Recent Price History

Annualised Returns

Top 10 Holdings

Sector Weights

ETF Details

7 stocks to buy and hold forever

Compare RBO

Explore More

Compare RBO vs Similar ETFs

Frequently Asked Questions — RBO