Correlation
The correlation between TRP.TO and SCHD is 0.43, 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.
TRP.TO vs. SCHD
Compare and contrast key facts about TC Energy Corporation (TRP.TO) and Schwab US Dividend Equity ETF (SCHD).
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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TRP.TO or SCHD.
Performance
TRP.TO vs. SCHD - Performance Comparison
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Key characteristics
TRP.TO:
2.92
SCHD:
0.42
TRP.TO:
3.42
SCHD:
0.49
TRP.TO:
1.47
SCHD:
1.07
TRP.TO:
2.57
SCHD:
0.28
TRP.TO:
16.34
SCHD:
0.84
TRP.TO:
3.20%
SCHD:
5.32%
TRP.TO:
19.14%
SCHD:
16.46%
TRP.TO:
-60.13%
SCHD:
-33.37%
TRP.TO:
-2.59%
SCHD:
-9.68%
Returns By Period
In the year-to-date period, TRP.TO achieves a 3.99% return, which is significantly higher than SCHD's -3.27% return. Over the past 10 years, TRP.TO has underperformed SCHD with an annualized return of 9.15%, while SCHD has yielded a comparatively higher 10.57% annualized return.
TRP.TO
3.99%
-1.01%
3.85%
55.26%
7.67%
10.58%
9.15%
SCHD
-3.27%
1.16%
-9.40%
6.77%
3.50%
12.24%
10.57%
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Risk-Adjusted Performance
TRP.TO vs. SCHD — Risk-Adjusted Performance Rank
TRP.TO
SCHD
TRP.TO vs. SCHD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for TC Energy Corporation (TRP.TO) and Schwab US 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.
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Dividends
TRP.TO vs. SCHD - Dividend Comparison
TRP.TO's dividend yield for the trailing twelve months is around 4.97%, more than SCHD's 3.97% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TRP.TO TC Energy Corporation | 4.97% | 5.14% | 7.18% | 6.67% | 5.91% | 6.26% | 4.34% | 5.67% | 4.09% | 3.74% | 4.61% | 3.37% |
SCHD Schwab US Dividend Equity ETF | 3.97% | 3.64% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% | 2.63% |
Drawdowns
TRP.TO vs. SCHD - Drawdown Comparison
The maximum TRP.TO drawdown since its inception was -60.13%, which is greater than SCHD's maximum drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for TRP.TO and SCHD.
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Volatility
TRP.TO vs. SCHD - Volatility Comparison
TC Energy Corporation (TRP.TO) has a higher volatility of 5.52% compared to Schwab US Dividend Equity ETF (SCHD) at 4.91%. This indicates that TRP.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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