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TQGD.TO vs. SCHD
Performance
Return for Risk
Dividends
Drawdowns
Volatility

TQGD.TO vs. SCHD

Last updated Apr 1, 2026

Compare and contrast key facts about TD Q Global Dividend ETF (TQGD.TO) and Schwab U.S. Dividend Equity ETF (SCHD).

TQGD.TO and SCHD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TQGD.TO is a passively managed fund by TD that tracks the performance of the MSCI World Index (Total Return). It was launched on Nov 20, 2019. 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 TQGD.TO 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

TQGD.TO vs. SCHD - Performance Comparison

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

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TQGD.TO vs. SCHD - Yearly Performance Comparison

2026 (YTD)2025202420232022202120202019
TQGD.TO
TD Q Global Dividend ETF		2.94%16.45%17.65%15.06%1.03%21.14%-5.84%0.62%
SCHD
Schwab U.S. Dividend Equity ETF		14.32%-0.44%21.25%2.24%3.64%28.70%13.08%-0.05%
Different Trading Currencies

TQGD.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, TQGD.TO achieves a 2.94% return, which is significantly lower than SCHD's 13.67% return.

TQGD.TO

1D
1.79%
1M
-2.52%
YTD
2.94%
6M
4.78%
1Y
16.84%
3Y*
15.94%
5Y*
12.74%
10Y*
—

SCHD

1D
0.00%
1M
-1.25%
YTD
13.67%
6M
13.74%
1Y
9.55%
3Y*
12.91%
5Y*
10.57%
10Y*
13.00%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

TD Q Global Dividend ETF

Schwab U.S. Dividend Equity ETF

Often compared with TQGD.TO:
TQGD.TO vs. TQCD.TOTQGD.TO vs. TGFI.TOTQGD.TO vs. ZDI.TOTQGD.TO vs. TGED.TOTQGD.TO vs. TEC.TOTQGD.TO vs. ACWITQGD.TO vs. TGRO.TO
Often compared with SCHD:
SCHD vs. VOOSCHD vs. VYMSCHD vs. SPYSCHD vs. SCHGSCHD vs. JEPISCHD vs. FDVVSCHD vs. VIG

TQGD.TO vs. SCHD - Expense Ratio Comparison

TQGD.TO has a 0.44% expense ratio, which is higher than SCHD's 0.06% expense ratio.

TQGD.TO
TD Q Global Dividend ETF
SCHD
Schwab U.S. Dividend Equity ETF

Return for Risk

TQGD.TO vs. SCHD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
TQGD.TO
TQGD.TO Risk / Return Rank: 6161
Overall Rank
TQGD.TO Sharpe Ratio Rank: 6565
Sharpe Ratio Rank
TQGD.TO Sortino Ratio Rank: 6060
Sortino Ratio Rank
TQGD.TO Omega Ratio Rank: 6565
Omega Ratio Rank
TQGD.TO Calmar Ratio Rank: 5454
Calmar Ratio Rank
TQGD.TO Martin Ratio Rank: 6262
Martin Ratio Rank
SCHD
SCHD Risk / Return Rank: 5252
Overall Rank
SCHD Sharpe Ratio Rank: 5454
Sharpe Ratio Rank
SCHD Sortino Ratio Rank: 5555
Sortino Ratio Rank
SCHD Omega Ratio Rank: 5454
Omega Ratio Rank
SCHD Calmar Ratio Rank: 5353
Calmar Ratio Rank
SCHD Martin Ratio Rank: 4545
Martin Ratio Rank
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.

TQGD.TO vs. SCHD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TD Q Global Dividend ETF (TQGD.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.

TQGD.TOSCHDDifference

Sharpe ratio

Return per unit of total volatility

1.14

0.61

+0.53

Sortino ratio

Return per unit of downside risk

1.54

0.93

+0.62

Omega ratio

Gain probability vs. loss probability

1.24

1.13

+0.11

Calmar ratio

Return relative to maximum drawdown

1.38

0.84

+0.54

Martin ratio

Return relative to average drawdown

6.16

1.86

+4.30

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TQGD.TO vs. SCHD - Sharpe Ratio Comparison

The current TQGD.TO Sharpe Ratio is 1.14, which is higher than the SCHD Sharpe Ratio of 0.61. The chart below compares the historical Sharpe Ratios of TQGD.TO 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.

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Sharpe Ratios by Period

TQGD.TOSCHDDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.14

0.61

+0.53

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

1.07

0.84

+0.23

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.86

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.71

1.11

-0.39

Correlation

The correlation between TQGD.TO and SCHD is 0.59, 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

TQGD.TO vs. SCHD - Dividend Comparison

TQGD.TO's dividend yield for the trailing twelve months is around 2.90%, less than SCHD's 3.44% yield.

TTM20252024202320222021202020192018201720162015
TQGD.TO
TD Q Global Dividend ETF		2.90%2.89%3.38%3.65%3.89%3.40%4.85%0.36%0.00%0.00%0.00%0.00%
SCHD
Schwab U.S. Dividend Equity ETF		3.44%3.82%3.64%3.49%3.39%2.78%3.16%2.98%3.06%2.63%2.89%2.97%

Drawdowns

TQGD.TO vs. SCHD - Drawdown Comparison

The maximum TQGD.TO drawdown since its inception was -30.22%, which is greater than SCHD's maximum drawdown of -26.93%. Use the drawdown chart below to compare losses from any high point for TQGD.TO and SCHD.

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Drawdown Indicators

TQGD.TOSCHDDifference

Max Drawdown

Largest peak-to-trough decline

-30.22%

-33.37%

+3.15%

Max Drawdown (1Y)

Largest decline over 1 year

-12.80%

-12.74%

-0.06%

Max Drawdown (5Y)

Largest decline over 5 years

-15.52%

-16.85%

+1.33%

Max Drawdown (10Y)

Largest decline over 10 years

—

-33.37%

—

Current Drawdown

Current decline from peak

-3.10%

-2.89%

-0.21%

Average Drawdown

Average peak-to-trough decline

-3.96%

-3.34%

-0.62%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.88%

3.89%

-1.01%

Volatility

TQGD.TO vs. SCHD - Volatility Comparison

TD Q Global Dividend ETF (TQGD.TO) has a higher volatility of 4.21% compared to Schwab U.S. Dividend Equity ETF (SCHD) at 2.72%. This indicates that TQGD.TO'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.

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Volatility by Period

TQGD.TOSCHDDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.21%

2.72%

+1.49%

Volatility (6M)

Calculated over the trailing 6-month period

7.72%

8.37%

-0.65%

Volatility (1Y)

Calculated over the trailing 1-year period

14.82%

15.80%

-0.98%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

12.00%

12.64%

-0.64%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

14.77%

15.17%

-0.40%