TCHP vs. TDVG

Last updated Aug 4, 2026

TCHP (T. Rowe Price Blue Chip Growth ETF) and TDVG (T. Rowe Price Dividend Growth ETF) are both exchange-traded funds - TCHP is a Large Cap Growth Equities fund actively managed by T. Rowe Price, while TDVG is a Large Cap Blend Equities fund actively managed by T. Rowe Price. Both are actively managed. Over the past 5 years, TCHP returned 8.81%/yr vs 10.09%/yr for TDVG. Their 0.70 correlation means they have sometimes moved together and sometimes differently. TCHP charges 0.57%/yr vs 0.50%/yr for TDVG.

Performance

TCHP vs. TDVG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T. Rowe Price Blue Chip Growth ETF (TCHP) and T. Rowe Price Dividend Growth ETF (TDVG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TCHP achieves a 0.24% return, which is significantly lower than TDVG's 11.24% return.

TCHP

• 1D: 2.36%
• 1M: 1.40%
• 6M: 2.10%
• YTD: 0.24%
• 1Y: 8.87%
• 3Y*: 21.26%
• 5Y*: 8.81%
• 10Y*: —
• ALL TIME*: 12.13%

TDVG

• 1D: 0.28%
• 1M: 0.75%
• 6M: 8.65%
• YTD: 11.24%
• 1Y: 19.57%
• 3Y*: 15.36%
• 5Y*: 10.09%
• 10Y*: —
• ALL TIME*: 13.31%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
TCHP T. Rowe Price Blue Chip Growth ETF	$8.53M	$10.40M	$11.99M
TDVG T. Rowe Price Dividend Growth ETF	$1.88M	$3.02M	$2.62M

TCHP vs. TDVG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
TCHP T. Rowe Price Blue Chip Growth ETF	0.24%	18.40%	36.06%	50.10%	-37.81%	18.08%	11.58%
TDVG T. Rowe Price Dividend Growth ETF	11.24%	14.80%	13.45%	13.95%	-10.15%	26.20%	12.97%

Correlation

The correlation between TCHP and TDVG is 0.52, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.52
Correlation (3Y) Balances recent behavior with more history.	0.60
Correlation (5Y) Shows whether the relationship held over a longer period.	0.71
Correlation (All Time) Calculated using the full available price history since Aug 5, 2020	0.70

The correlation between TCHP and TDVG shifts across timeframes, from 0.52 (1 year) to 0.71 (5 years), reflecting how their relationship changes across market environments.

TCHP vs. TDVG - Sectors Allocation Comparison

Sectors	TCHP	TDVG
Technology	51.6%	27.4%
Communication Services	17.8%	0.8%
Consumer Cyclical	11.8%	6.7%
Financial Services	6.9%	19.3%
Healthcare	5.9%	12.8%
Industrials	5.3%	14.4%
Basic Materials	0.4%	2.8%
Utilities	0.4%	3.2%
Consumer Defensive	0.0%	6.6%
Energy	-	4.5%
Real Estate	-	1.5%

Return for Risk

TCHP vs. TDVG — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

TCHP

TCHP Risk / Return Rank: 22
TCHP Sharpe Ratio Rank: 23
TCHP Sortino Ratio Rank: 22
TCHP Omega Ratio Rank: 22
TCHP Calmar Ratio Rank: 20
TCHP Martin Ratio Rank: 22

TDVG

TDVG Risk / Return Rank: 82
TDVG Sharpe Ratio Rank: 84
TDVG Sortino Ratio Rank: 85
TDVG Omega Ratio Rank: 83
TDVG Calmar Ratio Rank: 75
TDVG Martin Ratio Rank: 82

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

TCHP vs. TDVG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Blue Chip Growth ETF (TCHP) and T. Rowe Price Dividend Growth ETF (TDVG). 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.

	TCHP	TDVG	Difference
Sharpe ratio: Return per unit of total volatility	0.49	2.03	-1.55
Sortino ratio: Return per unit of downside risk	0.80	2.91	-2.11
Omega ratio: Gain probability vs. loss probability	1.10	1.37	-0.27
Calmar ratio: Return relative to maximum drawdown	0.51	2.72	-2.21
Martin ratio: Return relative to average drawdown	1.50	11.32	-9.81

TCHP vs. TDVG - Sharpe Ratio Comparison

The current TCHP Sharpe Ratio is 0.49, which is lower than the TDVG Sharpe Ratio of 2.03. The chart below compares the historical Sharpe Ratios of TCHP and TDVG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

TCHP vs. TDVG - Drawdown Comparison

The maximum TCHP drawdown since its inception was -42.34%, which is greater than TDVG's maximum drawdown of -19.20%. Use the drawdown chart below to compare losses from any high point for TCHP and TDVG.

Drawdown Indicators

	TCHP	TDVG	Difference
Max Drawdown Largest peak-to-trough decline	-42.34%	-19.20%	-23.14%
Max Drawdown (1Y) Largest decline over 1 year	-17.50%	-7.24%	-10.26%
Max Drawdown (3Y) Largest decline over 3 years	-22.92%	-14.02%	-8.90%
Max Drawdown (5Y) Largest decline over 5 years	-42.34%	-19.20%	-23.14%
Current Drawdown Current decline from peak	-5.73%	-0.64%	-5.09%
Average Drawdown Average peak-to-trough decline	-11.33%	-3.66%	-7.67%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.91%	1.73%	+4.18%

Volatility

TCHP vs. TDVG - Volatility Comparison

T. Rowe Price Blue Chip Growth ETF (TCHP) has a higher volatility of 6.66% compared to T. Rowe Price Dividend Growth ETF (TDVG) at 2.11%. This indicates that TCHP's price experiences larger fluctuations and is considered to be riskier than TDVG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TCHP	TDVG	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.66%	2.11%	+4.55%
Volatility (6M) Calculated over the trailing 6-month period	14.69%	7.30%	+7.39%
Volatility (1Y) Calculated over the trailing 1-year period	18.24%	9.68%	+8.56%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.73%	13.87%	+9.86%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.20%	13.80%	+9.40%

TCHP vs. TDVG - Expense Ratio Comparison

TCHP has a 0.57% expense ratio, which is higher than TDVG's 0.50% expense ratio.

Dividends

TCHP vs. TDVG - Dividend Comparison

TCHP has not paid dividends to shareholders, while TDVG's dividend yield for the trailing twelve months is around 0.96%.

Position	TTM	2025	2024	2023	2022	2021	2020
TCHP T. Rowe Price Blue Chip Growth ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.02%	0.00%
TDVG T. Rowe Price Dividend Growth ETF	0.96%	1.00%	1.06%	1.31%	1.15%	0.80%	0.40%

Frequently Asked Questions

Can I hold both TCHP and TDVG in my portfolio?

TCHP and TDVG have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TCHP or TDVG?

TCHP has higher volatility (6.66%) compared to TDVG (2.11%). In terms of maximum drawdown, TCHP dropped -42.34% vs TDVG's -19.20%.

Which ETF is better, TCHP or TDVG?

On 5-year performance, TDVG leads with 10.09% vs 8.81% for TCHP. On fees, TDVG is cheaper at 0.50% per year. On volatility, TDVG has been the lower-risk option at 2.11%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, TCHP or TDVG?

Over the 5-year period, TDVG has performed better with a 10.09% return vs 8.81%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, TCHP or TDVG?

TDVG is cheaper with a 0.50% expense ratio, compared with 0.57% for TCHP.

Which ETF pays a higher dividend yield, TCHP or TDVG?

TDVG has the higher dividend yield at 0.96%, compared with 0.00% for TCHP.

What is the main difference between TCHP and TDVG?

TCHP is categorized as Large Cap Growth Equities, while TDVG is Large Cap Blend Equities. Their fees differ too: 0.57% for TCHP and 0.50% for TDVG.

Which has better risk-adjusted returns?

TDVG currently has the higher Sharpe Ratio (2.03 vs 0.49), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.