SCHD vs. ENB-PP.TO
SCHD (Schwab U.S. Dividend Equity ETF) is Dividend fund tracking the Dow Jones U.S. Dividend 100 Index, while ENB-PP.TO (Enbridge Inc.) is a stock. Over the past 10 years, SCHD returned 12.91%/yr vs 10.54%/yr for ENB-PP.TO. At a 0.17 correlation, their price movements are largely independent.
Performance
SCHD vs. ENB-PP.TO - Performance Comparison
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Different Trading Currencies
SCHD is traded in USD, while ENB-PP.TO is traded in CAD. To make them comparable, the ENB-PP.TO values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, SCHD achieves a 20.66% return, which is significantly higher than ENB-PP.TO's 7.63% return. Over the past 10 years, SCHD has outperformed ENB-PP.TO with an annualized return of 12.91%, while ENB-PP.TO has yielded a comparatively lower 10.54% annualized return.
SCHD
- 1D
- 0.89%
- 1M
- 3.21%
- YTD
- 20.66%
- 6M
- 19.57%
- 1Y
- 26.72%
- 3Y*
- 14.90%
- 5Y*
- 8.75%
- 10Y*
- 12.91%
ENB-PP.TO
- 1D
- 0.07%
- 1M
- -2.81%
- YTD
- 7.63%
- 6M
- 10.07%
- 1Y
- 21.87%
- 3Y*
- 20.61%
- 5Y*
- 8.04%
- 10Y*
- 10.54%
SCHD vs. ENB-PP.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SCHD Schwab U.S. Dividend Equity ETF | 20.66% | 4.34% | 11.66% | 4.54% | -3.26% | 29.87% | 15.03% | 27.29% | -5.56% | 20.85% |
ENB-PP.TO Enbridge Inc. | 7.63% | 24.97% | 20.28% | 17.54% | -22.53% | 44.86% | -1.66% | 11.22% | -22.43% | 28.12% |
Correlation
The correlation between SCHD and ENB-PP.TO is 0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.02 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.12 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.18 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.20 |
Correlation (All Time) Calculated using the full available price history since Sep 13, 2012 | 0.17 |
The correlation between SCHD and ENB-PP.TO shifts across timeframes, from 0.02 (1 year) to 0.20 (10 years), reflecting how their relationship changes across market environments.
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Return for Risk
SCHD vs. ENB-PP.TO — Risk / Return Rank
SCHD
ENB-PP.TO
SCHD vs. ENB-PP.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab U.S. Dividend Equity ETF (SCHD) and Enbridge Inc. (ENB-PP.TO). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| SCHD | ENB-PP.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.16 | ||
| Sortino ratioReturn per unit of downside risk | -0.13 | ||
| Omega ratioGain probability vs. loss probability | 1.43 | 1.47 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 5.70 | 4.82 | +0.87 |
| Martin ratioReturn relative to average drawdown | 13.97 | 14.65 | -0.68 |
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Drawdowns
SCHD vs. ENB-PP.TO - Drawdown Comparison
The maximum SCHD drawdown since its inception was -33.37%, smaller than the maximum ENB-PP.TO drawdown of -64.12%. Use the drawdown chart below to compare losses from any high point for SCHD and ENB-PP.TO.
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Drawdown Indicators
| SCHD | ENB-PP.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.37% | -64.12% | +30.75% |
Max Drawdown (1Y)Largest decline over 1 year | -4.61% | -4.70% | +0.09% |
Max Drawdown (3Y)Largest decline over 3 years | -16.13% | -10.26% | -5.87% |
Max Drawdown (5Y)Largest decline over 5 years | -16.85% | -33.10% | +16.25% |
Max Drawdown (10Y)Largest decline over 10 years | -33.37% | -57.82% | +24.45% |
Current DrawdownCurrent decline from peak | -0.03% | -2.81% | +2.78% |
Average DrawdownAverage peak-to-trough decline | -3.31% | -21.31% | +18.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.89% | 1.54% | +0.35% |
Volatility
SCHD vs. ENB-PP.TO - Volatility Comparison
Schwab U.S. Dividend Equity ETF (SCHD) has a higher volatility of 3.05% compared to Enbridge Inc. (ENB-PP.TO) at 1.87%. This indicates that SCHD's price experiences larger fluctuations and is considered to be riskier than ENB-PP.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SCHD | ENB-PP.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.05% | 1.87% | +1.18% |
Volatility (6M)Calculated over the trailing 6-month period | 7.53% | 5.85% | +1.68% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.93% | 8.81% | +2.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.38% | 14.48% | -0.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.72% | 19.01% | -2.29% |
Dividends
SCHD vs. ENB-PP.TO - Dividend Comparison
SCHD's dividend yield for the trailing twelve months is around 3.22%, less than ENB-PP.TO's 6.15% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ENB-PP.TO Enbridge Inc. | 6.15% | 6.55% | 6.81% | 6.54% | 5.26% | 4.14% | 7.62% | 6.60% | 6.15% | 4.92% | 5.59% | 5.93% |
SCHD Schwab U.S. Dividend Equity ETF | 3.22% | 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
SCHD and ENB-PP.TO have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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