Question 1

What is RQP?

Accepted Answer

RQP — RBC Target 2027 Canadian Corporate Bond Index ETF — is a Canadian-listed ETF trading on the TSX. NA

Question 2

What is the RQP ETF price today?

Accepted Answer

RQP last traded at $18.27 CAD on the TSX. See the price chart above for recent performance.

Question 3

What is the RQP MER (management expense ratio)?

Accepted Answer

RQP 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%, RQP is considered a low-cost ETF.

Question 4

What are RQP annualised returns?

Accepted Answer

RQP historical returns: YTD: -0.19%, 1-year: +3.30%, 3-year annualised: +5.67%, 5-year annualised: +1.74%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 0.77, which measures risk-adjusted return.

Question 5

Does RQP pay dividends or distributions?

Accepted Answer

Yes, RQP distributes income to unitholders. The current distribution yield is approximately 3.65%, 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 RQP invest in?

Accepted Answer

RQP's top holdings include Fairfax Financial Holdings Limited 4.25% (null, 9.6%), Sun Life Financial Inc. (null, 9.2%), Omers Realty Corporation 3.24% (null, 9.0%), Royal Bank of Canada 2.33% (null, 9.0%), Alectra Inc 2.49% (null, 8.5%) — and 5 more positions. See the full Top 10 Holdings table above for a complete breakdown. The fund tracks the Morningstar Can Corp Bd GR CAD.

Question 7

What sectors does RQP invest in?

Accepted Answer

RQP'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 RQP? (Assets under management)

Accepted Answer

RQP has approximately $827M 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 RQP launched?

Accepted Answer

RQP was launched on September 18, 2020, giving it a 6-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 RQP in Canada?

Accepted Answer

RQP trades on the TSX under the ticker RQP. 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 RQP?

Accepted Answer

RQP has a 1-year volatility of 0.76% and a beta of 0.48 (less volatile than the broad market). Its 3-year Sharpe ratio of 0.77 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
2026-06-25	$18.25	$18.27	$18.25	$18.27	$18.27	12,178
2026-06-24	$18.26	$18.27	$18.25	$18.27	$18.27	9,943
2026-06-23	$18.28	$18.28	$18.24	$18.25	$18.25	38,998
2026-06-22	$18.30	$18.32	$18.30	$18.32	$18.32	17,600
2026-06-19	$18.32	$18.32	$18.30	$18.32	$18.32	9,207
2026-06-18	$18.29	$18.32	$18.29	$18.32	$18.32	10,238
2026-06-17	$18.31	$18.32	$18.29	$18.29	$18.29	8,822
2026-06-16	$18.31	$18.32	$18.31	$18.32	$18.32	15,876
2026-06-15	$18.31	$18.32	$18.30	$18.32	$18.32	8,331
2026-06-12	$18.31	$18.32	$18.31	$18.32	$18.32	12,725

#	Name	Weight
1	Fairfax Financial Holdings Limited 4.25%	9.59%
2	Sun Life Financial Inc.	9.15%
3	Omers Realty Corporation 3.24%	9.00%
4	Royal Bank of Canada 2.33%	8.98%
5	Alectra Inc 2.49%	8.51%
6	Ontario Power Generation Inc 3.32%	7.79%
7	Brookfield Asset Management, Inc. 0%	7.74%
8	BCIMC Realty Corporation 3%	7.65%
9	Canadian Western Bank 1.82%	7.03%
10	Intact Financial Corporation 2.85%	6.43%

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 Target 2027 Canadian Corporate Bond Index ETF (RQP : TSX)

CIBC Investor's Edge

Price Chart (30 Days)

Key Statistics

Recent Price History

Annualised Returns

Top 10 Holdings

Sector Weights

About RBC Target 2027 Canadian Corporate Bond Index ETF

ETF Details

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Frequently Asked Questions — RQP