ETF Evaluator:
Schwab US REIT ETF™ (SCHH)
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(as of Aug 04)
Best Performing in Real Estate Over the Last Year
| 64.8% | Global X Data Center & Dgtl Infrs ETF (DTCR) |
| 29.5% | Invesco KBW Premium Yield Eq REIT ETF (KBWY) |
| 24.0% | ALPS REIT Dividend Dogs ETF (RDOG) |
| 21.6% | Janus Henderson US Real Estate ETF (JRE) |
| 21.5% | State Street® SPDR® Dow Jones® REIT ETF (RWR) |
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ETF Details
Schwab US REIT ETF™ Overview
Schwab US REIT ETF™ (SCHH) is a passively managed Sector Equity Real Estate exchange-traded fund (ETF). Schwab ETFs launched the ETF in 2011.
The investment seeks to track as closely as possible, before fees and expenses, the total return of the Dow Jones Equity All REIT Capped Index† composed of U.S. real estate investment trusts classified as equities.
The index excludes mortgage REITs, defined as REITs that lend money directly to real estate owners and/or operators or indirectly through the purchase of mortgages or mortgage-backed securities, and hybrid REITs, defined as REITs that participate both in equity and mortgage investing. It is the fund’s policy that under normal circumstances it will invest at least 90% of its net assets in securities included in the index.
About Schwab US REIT ETF™ (SCHH)
There are 4 members of the management team with an average tenure of 8.67 years: Christopher Bliss (2017), Ferian Juwono (2011), Jeremy Brown (2019) and Agnes Zau (2023). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 2 primary benchmarks: S&P 500 (TR) (1970) index with a weighting of 100% and Dow Jones Equity All REIT Capped TR USD index with a weighting of 100%. Schwab US REIT ETF™ has 123 securities in its portfolio. The top 10 holdings constitute 49.2% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a diversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
Schwab US REIT ETF™ is part of the Equity global asset class and is within the Sector Equity ETF group. Schwab US REIT ETF™ has 0.0% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 99.9% There is 0.0% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Schwab US REIT ETF™ has 0.1% of the portfolio in cash.
Assets Under Management
The fund has $11 billion in total assets, which is above the $1 billion average for the Real Estate category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
SCHH Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Schwab US REIT ETF™ expense ratio is low compared to funds in the Real Estate category. Schwab US REIT ETF™ has an expense ratio of 0.07%, which is 86% lower than its category average, making the fund expense ratio grade a A. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Schwab US REIT ETF™ has a portfolio turnover rate of 10%, which indicates that it holds its assets around / 0.1 years. By way of comparison, the average portfolio turnover is 69% for the Real Estate category.
Recently, in the month of June 2026, Schwab US REIT ETF™ returned 1.8%, which earned it a grade of C, as the Real Estate category had an average return of 2.0%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
Schwab US REIT ETF™ has a trailing yield of 2.79%, which is below the 4.16% category average.
The fund normally distributes its income quarterly.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Schwab US REIT ETF™ Grades
Year to date, the ETF has returned 14.9%, 1.5 percentage points better than the category, which translates into a grade of B. The fund has returned 15.5% over the past year (grade of B), 10.0% over the past three years (grade of B) and 3.7% per year over the past five years (grade of B) and 3.8% per year over the past 10 years (grade of D).
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SCHH Trailing NAV Total Returns Data as of 6/30/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| SCHH Return (NAV) | 1.8% | 11.0% | 15.5% | 10.0% | 3.7% | 3.8% |
| SCHH Return (Price) | 1.7% | 11.0% | 15.4% | 10.0% | 3.6% | 3.8% |
| NAV +/- Price Return | 0.087% | 0.047% | 0.106% | 0.017% | 0.019% | 0.008% |
| Real Estate Avg | 2.0% | 11.7% | 15.1% | 9.7% | 3.4% | 4.6% |
| SCHH Grade (NAV) | C | C | B | B | B | D |
| +/- Category (NAV) | -0.2% | -0.7% | 0.4% | 0.3% | 0.2% | -0.8% |
| SCHH Tax-Cost Ratio | na | na | 1.2% | 1.3% | 1.2% | 1.2% |
SCHH Annual NAV Total ReturnsData as of 6/30/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| SCHH Return (NAV) | 14.9% | 2.3% | 4.9% | 11.3% | -25.1% | 41.2% | -14.9% | 23.0% | -4.2% | 3.7% | 6.4% |
| SCHH Return (Price) | 14.8% | 2.2% | 5.0% | 11.2% | -25.0% | 41.1% | -14.8% | 22.9% | -4.2% | 3.7% | 6.5% |
| NAV +/- Price Ret | -0.007% | -0.022% | 0.010% | -0.006% | -0.004% | -0.004% | -0.007% | -0.5% | 0.5% | -0.7% | 0.8% |
| Real Estate Avg | 13.4% | 2.1% | 5.1% | 11.8% | -25.5% | 37.6% | -8.2% | 26.9% | -4.5% | 8.2% | 10.1% |
| SCHH Grade (NAV) | B | C | C | D | C | C | F | D | B | F | C |
| +/- Category | 1.5% | 0.2% | -0.2% | -0.6% | 0.4% | 3.6% | -6.7% | -3.9% | 0.3% | -4.5% | -3.7% |
| Risk Measures | |
| Beta: | 0.98 |
| R-Squared: | 56% |
| Standard Deviation: | 16.7% |
| Category Risk Index: | 0.98 |
| Category Risk Rating: | Average |
| Total Risk Index: | 1.37 |
| Total Risk Rating: | Above Average |
| Portfolio Characteristics | |
| Yield: | 2.8% |
| Total Assets: | $ 11,129 Mil |
| Share Class Assets: | $ 11,129 Mil |
| Turnover: | 10.0% |
| Expense Ratio: | 0.07% |
| Index Fund: | Yes |
| Index Tracked: | S&P 500 (TR) (1970) |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | |
| Income Distribution Frequency: | Quarterly |
Management Team
| Number of Managers: 4 | |||
| Longest Tenure: 15.5 years | |||
| Average Tenure: 8.7 years | |||
| Managers (Year): Juwono Ferian (2011), Bliss Christopher (2017), Brown Jeremy (2019), Zau Agnes (2023) | |||
Portfolio Composition (as of 6/30/26)
| # of Holdings: | 123 |
| % in Top 10 Holdings: | 49.2% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 0.0% |
Portfolio Allocation |
|
| Domestic Stock: | 99.9% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 0.1% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | Schwab ETFs |
| Phone Number: | 877-824-5615 |
| Website: | www.csimfunds.com. |
| Inception Date: | January 13, 2011 |
Expenses and Fees
| Expense Ratio (%): | 0.07% (Rating: Low) |
| Category Average Expense Ratio (%): | 0.49% |
