PBD vs. SCHD

Last updated Apr 2, 2026

Compare and contrast key facts about Invesco Global Clean Energy ETF (PBD) and Schwab U.S. Dividend Equity ETF (SCHD).

PBD and SCHD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PBD is a passively managed fund by Invesco that tracks the performance of the WilderHill New Energy Global Innovation index. It was launched on Jun 13, 2007. SCHD is a passively managed fund by Charles Schwab that tracks the performance of the Dow Jones U.S. Dividend 100 Index. It was launched on Oct 20, 2011. Both PBD and SCHD are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

PBD vs. SCHD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Global Clean Energy ETF (PBD) and Schwab U.S. Dividend Equity ETF (SCHD). The values are adjusted to include any dividend payments, if applicable.

PBD vs. SCHD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PBD Invesco Global Clean Energy ETF	12.30%	43.65%	-26.39%	-10.69%	-29.70%	-22.30%	145.46%	40.00%	-19.32%	28.72%
SCHD Schwab U.S. Dividend Equity ETF	12.17%	4.34%	11.66%	4.54%	-3.26%	29.87%	15.03%	27.29%	-5.56%	20.85%

Returns By Period

The year-to-date returns for both stocks are quite close, with PBD having a 12.30% return and SCHD slightly lower at 12.17%. Over the past 10 years, PBD has underperformed SCHD with an annualized return of 7.34%, while SCHD has yielded a comparatively higher 12.25% annualized return.

PBD

• 1D: 0.61%
• 1M: -2.10%
• YTD: 12.30%
• 6M: 17.70%
• 1Y: 74.32%
• 3Y*: -0.55%
• 5Y*: -9.18%
• 10Y*: 7.34%

SCHD

• 1D: -0.55%
• 1M: -3.43%
• YTD: 12.17%
• 6M: 12.91%
• 1Y: 13.70%
• 3Y*: 11.84%
• 5Y*: 8.32%
• 10Y*: 12.25%

*Multi-year figures are annualized to reflect compound growth (CAGR)

PBD vs. SCHD - Expense Ratio Comparison

PBD has a 0.75% expense ratio, which is higher than SCHD's 0.06% expense ratio.

PBD

Invesco Global Clean Energy ETF

SCHD

Schwab U.S. Dividend Equity ETF

Return for Risk

PBD vs. SCHD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PBD

PBD Risk / Return Rank: 97
PBD Sharpe Ratio Rank: 97
PBD Sortino Ratio Rank: 97
PBD Omega Ratio Rank: 96
PBD Calmar Ratio Rank: 98
PBD Martin Ratio Rank: 97

SCHD

SCHD Risk / Return Rank: 43
SCHD Sharpe Ratio Rank: 46
SCHD Sortino Ratio Rank: 46
SCHD Omega Ratio Rank: 46
SCHD Calmar Ratio Rank: 39
SCHD Martin Ratio Rank: 38

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PBD vs. SCHD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Global Clean Energy ETF (PBD) 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.

	PBD	SCHD	Difference
Sharpe ratio Return per unit of total volatility	2.95	0.88	+2.07
Sortino ratio Return per unit of downside risk	3.67	1.32	+2.34
Omega ratio Gain probability vs. loss probability	1.49	1.19	+0.31
Calmar ratio Return relative to maximum drawdown	5.60	1.05	+4.55
Martin ratio Return relative to average drawdown	20.83	3.55	+17.28
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PBD vs. SCHD - Sharpe Ratio Comparison

The current PBD Sharpe Ratio is 2.95, which is higher than the SCHD Sharpe Ratio of 0.88. The chart below compares the historical Sharpe Ratios of PBD and SCHD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	PBD	SCHD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.95	0.88	+2.07
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.32	0.58	-0.90
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.27	0.74	-0.46
Sharpe Ratio (All Time) Calculated using the full available price history	-0.01	0.84	-0.85

Correlation

The correlation between PBD and SCHD is 0.58, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

PBD vs. SCHD - Dividend Comparison

PBD's dividend yield for the trailing twelve months is around 2.01%, less than SCHD's 3.46% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PBD Invesco Global Clean Energy ETF	2.01%	2.71%	1.81%	2.85%	2.98%	0.67%	0.48%	1.83%	1.86%	1.76%	2.04%	1.24%
SCHD Schwab U.S. Dividend Equity ETF	3.46%	3.82%	3.64%	3.49%	3.39%	2.78%	3.16%	2.98%	3.06%	2.63%	2.89%	2.97%

Drawdowns

PBD vs. SCHD - Drawdown Comparison

The maximum PBD drawdown since its inception was -78.60%, which is greater than SCHD's maximum drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for PBD and SCHD.

Drawdown Indicators

	PBD	SCHD	Difference
Max Drawdown Largest peak-to-trough decline	-78.60%	-33.37%	-45.23%
Max Drawdown (1Y) Largest decline over 1 year	-13.51%	-12.74%	-0.77%
Max Drawdown (5Y) Largest decline over 5 years	-69.26%	-16.85%	-52.41%
Max Drawdown (10Y) Largest decline over 10 years	-75.40%	-33.37%	-42.03%
Current Drawdown Current decline from peak	-50.56%	-3.43%	-47.13%
Average Drawdown Average peak-to-trough decline	-53.49%	-3.34%	-50.15%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.63%	3.75%	-0.12%

Volatility

PBD vs. SCHD - Volatility Comparison

Invesco Global Clean Energy ETF (PBD) has a higher volatility of 7.90% compared to Schwab U.S. Dividend Equity ETF (SCHD) at 2.33%. This indicates that PBD's price experiences larger fluctuations and is considered to be riskier than SCHD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PBD	SCHD	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.90%	2.33%	+5.57%
Volatility (6M) Calculated over the trailing 6-month period	17.94%	7.96%	+9.98%
Volatility (1Y) Calculated over the trailing 1-year period	25.35%	15.69%	+9.66%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.42%	14.40%	+14.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.11%	16.70%	+10.41%