DGRC.TO vs. SCHD
DGRC.TO (CI Canada Quality Dividend Growth Index ETF) and SCHD (Schwab U.S. Dividend Equity ETF) are both Dividend funds. Over the past 5 years, DGRC.TO returned 12.71%/yr vs 11.36%/yr for SCHD. A 0.51 correlation means they provide meaningful diversification when combined. DGRC.TO charges 0.23%/yr vs 0.06%/yr for SCHD.
Performance
DGRC.TO vs. SCHD - Performance Comparison
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Different Trading Currencies
DGRC.TO is traded in CAD, while SCHD is traded in USD. To make them comparable, the SCHD values have been converted to CAD using the latest available exchange rates.
Returns By Period
In the year-to-date period, DGRC.TO achieves a 14.54% return, which is significantly lower than SCHD's 20.03% return.
DGRC.TO
- 1D
- 0.42%
- 1M
- 2.95%
- YTD
- 14.54%
- 6M
- 14.94%
- 1Y
- 32.94%
- 3Y*
- 20.12%
- 5Y*
- 12.71%
- 10Y*
- —
SCHD
- 1D
- 0.00%
- 1M
- 4.32%
- YTD
- 20.03%
- 6M
- 17.69%
- 1Y
- 28.28%
- 3Y*
- 16.27%
- 5Y*
- 11.36%
- 10Y*
- 13.54%
DGRC.TO vs. SCHD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
DGRC.TO CI Canada Quality Dividend Growth Index ETF | 14.54% | 27.20% | 12.36% | 7.79% | -1.70% | 20.84% | 7.22% | 18.60% | -3.85% |
SCHD Schwab U.S. Dividend Equity ETF | 20.52% | -0.44% | 21.25% | 2.24% | 3.64% | 28.70% | 13.08% | 21.03% | 1.76% |
Correlation
The correlation between DGRC.TO and SCHD is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.43 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.46 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.49 |
Correlation (All Time) Calculated using the full available price history since Feb 5, 2018 | 0.51 |
The correlation between DGRC.TO and SCHD has been stable across timeframes, ranging from 0.43 to 0.51 - a consistent structural relationship.
DGRC.TO vs. SCHD - Sectors Allocation Comparison
Sectors
DGRC.TO
SCHD
Energy
Financial Services
Industrials
Consumer Defensive
Consumer Cyclical
Basic Materials
Communication Services
Technology
Real Estate
-
Healthcare
-
Utilities
-
Energy
DGRC.TO
SCHD
Financial Services
DGRC.TO
SCHD
Industrials
DGRC.TO
SCHD
Consumer Defensive
DGRC.TO
SCHD
Consumer Cyclical
DGRC.TO
SCHD
Basic Materials
DGRC.TO
SCHD
Communication Services
DGRC.TO
SCHD
Technology
DGRC.TO
SCHD
Real Estate
DGRC.TO
SCHD
-
Healthcare
DGRC.TO
-
SCHD
Utilities
DGRC.TO
-
SCHD
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Return for Risk
DGRC.TO vs. SCHD — Risk / Return Rank
DGRC.TO
SCHD
DGRC.TO vs. SCHD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for CI Canada Quality Dividend Growth Index ETF (DGRC.TO) and Schwab U.S. Dividend Equity ETF (SCHD). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| DGRC.TO | SCHD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.29 | ||
| Sortino ratioReturn per unit of downside risk | -0.10 | ||
| Omega ratioGain probability vs. loss probability | 1.52 | 1.47 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 5.52 | 6.61 | -1.09 |
| Martin ratioReturn relative to average drawdown | 20.77 | 19.13 | +1.64 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| DGRC.TO | SCHD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.86 | 2.57 | +0.29 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.03 | 0.90 | +0.12 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.90 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.82 | 1.12 | -0.31 |
Drawdowns
DGRC.TO vs. SCHD - Drawdown Comparison
The maximum DGRC.TO drawdown since its inception was -36.59%, which is greater than SCHD's maximum drawdown of -26.93%. Use the drawdown chart below to compare losses from any high point for DGRC.TO and SCHD.
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Drawdown Indicators
| DGRC.TO | SCHD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.59% | -26.93% | -9.66% |
Max Drawdown (1Y)Largest decline over 1 year | -5.99% | -4.30% | -1.69% |
Max Drawdown (3Y)Largest decline over 3 years | -12.90% | -15.30% | +2.40% |
Max Drawdown (5Y)Largest decline over 5 years | -15.39% | -15.30% | -0.09% |
Max Drawdown (10Y)Largest decline over 10 years | — | -26.93% | — |
Current DrawdownCurrent decline from peak | -0.15% | -1.22% | +1.07% |
Average DrawdownAverage peak-to-trough decline | -3.20% | -2.86% | -0.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.59% | 1.48% | +0.11% |
Volatility
DGRC.TO vs. SCHD - Volatility Comparison
CI Canada Quality Dividend Growth Index ETF (DGRC.TO) and Schwab U.S. Dividend Equity ETF (SCHD) have volatilities of 2.59% and 2.63%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DGRC.TO | SCHD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.59% | 2.63% | -0.04% |
Volatility (6M)Calculated over the trailing 6-month period | 9.16% | 8.23% | +0.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.58% | 11.10% | +0.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.47% | 12.63% | -0.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.73% | 15.18% | -0.45% |
DGRC.TO vs. SCHD - Expense Ratio Comparison
DGRC.TO has a 0.23% expense ratio, which is higher than SCHD's 0.06% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
DGRC.TO vs. SCHD - Dividend Comparison
DGRC.TO's dividend yield for the trailing twelve months is around 2.41%, less than SCHD's 3.26% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DGRC.TO CI Canada Quality Dividend Growth Index ETF | 2.41% | 2.58% | 2.46% | 2.56% | 2.48% | 1.87% | 3.06% | 2.20% | 1.63% | 0.00% | 0.00% | 0.00% |
SCHD Schwab U.S. Dividend Equity ETF | 3.26% | 3.82% | 3.64% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% |
Frequently Asked Questions
DGRC.TO and SCHD have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SCHD is cheaper at 0.06% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SCHD is cheaper with a 0.06% expense ratio, compared with 0.23% for DGRC.TO.
They also come from different issuers: CI Investments and Charles Schwab. Their fees differ too: 0.23% for DGRC.TO and 0.06% for SCHD.
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