Schwab U.S. REIT ETF (SCHH)
$22.50+0.54%close of Oct 16, 2026
Schwab U.S. REIT ETF (SCHH) is an exchange-traded fund (ETF) run by Schwab. This fund owns shares of about 120 US companies that own buildings and land and collect rent. It charges 0.07% a year. From January 2011 to October 2026 it returned about 6.6% a year, and its worst drop was −44.2%.
Written by the Tactfolio research team. Fund facts checked October 17, 2026. Prices through October 16, 2026.
- Yearly fee
- 0.07%
- about $7 on $10,000
- 1-year return
- 8.3%
- to Oct 16, 2026
- Return per year
- 6.6%
- since January 2011
- Worst drop
- −44.2%
- since 2011
- Below its high
- −8.8%
- now
- Volatility
- 20.0%
- yearly swings
- Issuer
- Schwab
- Tracks
- Dow Jones Equity All REIT Capped Index
- Started trading
- January 13, 2011
- Type
- Real estate, ETF
- Holdings
- 117 holdings as of February 28, 2026
- Expense ratio
- 0.07% a year
How has SCHH done since 2011?#
From January 2011 to October 2026, SCHH returned about 6.6% a year. The S&P 500 returned about 14.0% a year over the same dates. Say you put in $10,000 at the start. It would have been worth about $27,335 at the end, with every dividend reinvested.
| Period | SCHH | S&P 500 (SPY) |
|---|---|---|
| 1 month | −0.9% | 1.5% |
| 3 months | −7.8% | 1.9% |
| 6 months | −1.1% | 9.3% |
| Year to date | 9.9% | 12.8% |
| 1 year | 8.3% | 16.8% |
| 3 years per year | 11.2% | 22.0% |
| 5 years per year | 1.8% | 12.8% |
| 10 years per year | 3.9% | 15.4% |
| Since 2011 per year | 6.6% | 14.0% |
Periods longer than a year show the return per year (CAGR). Prices through October 16, 2026. Figures use daily closing prices adjusted for splits, with dividends reinvested. They do not include taxes or the cost of buying and selling. Past results do not tell you what will happen next.
SCHH returns by month and year#
SCHH rose in 112 of its 190 months (59%). Its best month was October 2011, at 14.7%. Its worst was March 2020, at −22.4%.
| Year | Total | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 9.9% | 2.5 | 7.6 | −6.2 | 9.0 | 0.1 | 1.7 | 2.5 | −2.9 | −5.8 | 2.1 | ||
| 2025 | 2.2% | 0.8 | 4.1 | −2.1 | −2.2 | 1.2 | 0.1 | −1.1 | 3.3 | 0.5 | −2.2 | 2.3 | −2.1 |
| 2024 | 5.0% | −4.9 | 1.8 | 1.8 | −7.6 | 5.1 | 2.3 | 7.1 | 5.6 | 3.2 | −3.6 | 3.5 | −7.9 |
| 2023 | 11.2% | 9.9 | −5.8 | −1.7 | 0.2 | −4.1 | 5.2 | 2.0 | −3.4 | −7.0 | −3.0 | 11.6 | 9.1 |
| 2022 | −25.0% | −7.9 | −4.0 | 7.0 | −3.7 | −4.6 | −7.1 | 8.4 | −5.8 | −12.6 | 3.3 | 6.0 | −4.9 |
| 2021 | 41.1% | −0.2 | 2.8 | 5.5 | 8.0 | 0.9 | 2.7 | 4.3 | 2.2 | −5.9 | 7.1 | −1.0 | 9.6 |
| 2020 | −14.8% | 0.4 | −8.1 | −22.4 | 7.7 | −0.4 | 0.9 | 3.8 | 0.3 | −2.8 | −3.1 | 9.3 | 2.7 |
| 2019 | 22.9% | 11.3 | 1.1 | 2.9 | −0.2 | −0.4 | 1.4 | 1.6 | 2.3 | 2.8 | 1.1 | −1.5 | −0.9 |
| 2018 | −4.2% | −4.0 | −7.2 | 3.9 | 1.5 | 3.9 | 4.3 | 0.5 | 3.0 | −2.8 | −2.6 | 4.8 | −8.5 |
| 2017 | 3.7% | −0.9 | 3.4 | −2.8 | −0.2 | −0.6 | 2.5 | 0.9 | −0.8 | 0.3 | −1.1 | 3.1 | 0.1 |
| 2016 | 6.5% | −4.0 | −1.0 | 10.4 | −2.8 | 2.0 | 6.4 | 4.3 | −3.4 | −2.0 | −5.6 | −1.4 | 4.7 |
| 2015 | 4.4% | 6.7 | −3.3 | 1.4 | −5.7 | −0.1 | −4.4 | 6.0 | −5.9 | 3.3 | 5.9 | −0.6 | 2.2 |
| 2014 | 31.9% | 3.8 | 5.3 | 0.8 | 3.7 | 2.5 | 0.9 | 0.1 | 2.8 | −5.8 | 10.6 | 2.2 | 1.8 |
| 2013 | 1.2% | 3.4 | 1.0 | 2.6 | 6.8 | −5.9 | −1.7 | 0.7 | −7.1 | 3.5 | 4.1 | −5.4 | 0.4 |
| 2012 | 16.8% | 6.4 | −1.1 | 5.2 | 2.9 | −4.6 | 5.5 | 2.1 | −0.3 | −2.2 | −0.8 | −0.6 | 3.7 |
| 2011 | 9.5% | 3.8 | 4.5 | −1.5 | 5.9 | 1.5 | −3.3 | 1.7 | −5.6 | −11.0 | 14.7 | −4.0 | 4.7 |
Each month runs from the last close of the month before. The first month counts from the first close.
How risky is SCHH compared with the S&P 500?#
Measured from October 2021 to October 2026, on the days both traded.
- Beta 0.69. When the S&P 500 moved 1% in a day, SCHH tended to move about 0.69%.
- Correlation 0.63. SCHH moved with the S&P 500 some of the time.
- Up and down months. In months the S&P 500 rose, SCHH rose 73% as much on average. In months it fell, SCHH fell 113% as much.
| Measure | SCHH | S&P 500 (SPY) |
|---|---|---|
| Return per year | 1.7% | 12.8% |
| Volatility | 18.8% | 17.1% |
| Worst drop | −33.3% | −24.5% |
| Sharpe ratio | 0.19 | 0.79 |
| Sortino ratio | 0.26 | 1.15 |
| Calmar ratio | 0.05 | 0.52 |
Volatility is how much the price swings in a year. The Sharpe ratio is return per unit of volatility, the Sortino ratio counts only the falls, and the Calmar ratio is the return per year over the worst drop. Higher ratios mean more return for the risk taken.
Is SCHH above its 200-day average?#
SCHH closed 0.7% below its 200-day average on October 16, 2026. A rule that holds SCHH only above that average would be out of it today.
- vs 200-day average
- −0.7%
- below it
- 50-day vs 200-day
- +1.3%
- trend rising
- vs 52-week high
- −8.8%
- high of $24.67
A moving average is the average close over the last so many days. Trend rules such as the 10-month moving average strategy hold a fund only while it is above one. You can build that rule for SCHH and backtest it in a minute.
What was SCHH’s worst drop?#
A drawdown is how far a fund falls from its last high point. SCHH’s worst fall was −44.2%, from February 21, 2020 to March 23, 2020. It got back to that high on June 10, 2021. On October 16, 2026 it was 8.8% below its highest close.
| Drop | From the high | To the bottom | Back to the high |
|---|---|---|---|
| −44.2% | Feb 21, 2020 | Mar 23, 202031 days | Jun 10, 202115 months |
| −33.3% | Dec 31, 2021 | Oct 25, 202322 months | Apr 17, 20262.5 years |
| −22.7% | Jul 22, 2011 | Oct 3, 20112 months | Feb 1, 20124 months |
| −18.0% | May 21, 2013 | Aug 19, 20133 months | May 30, 20149 months |
| −16.8% | Aug 1, 2016 | Feb 8, 201818 months | Aug 17, 20186 months |
Big drops are normal for some funds. They matter because selling during a drop locks in the loss.
What does SCHH hold?#
This fund owns shares of about 120 US companies that own buildings and land and collect rent. These companies are called REITs. All of them are in one industry, so the fund is less spread out than a broad stock fund.
It tracks the Dow Jones Equity All REIT Capped Index. It had 117 holdings as of February 28, 2026, according to Schwab.
What is the SCHH expense ratio?#
SCHH charges 0.07% a year. An expense ratio is the yearly fee a fund takes to run itself. On $10,000, a 0.07% fee comes to about $7 a year. Of the 162 ETFs on Tactfolio, 69% charge more.
You never get a bill for it. The fund takes the fee out of its own value a little each day.
Which Tactfolio strategies hold SCHH?#
No classic strategy holds SCHH yet. You can add it to your own rules in the builder and see how they would have done.
How does SCHH compare with similar ETFs?#
Funds that can stand in for SCHH:
- XLRE: State Street Real Estate Select Sector SPDR ETF, 0.08% a year
- VNQ: Vanguard Real Estate ETF, 0.13% a year
- IYR: iShares U.S. Real Estate ETF, 0.37% a year
- RWO: State Street SPDR Dow Jones Global Real Estate ETF, 0.5% a year
See all 7 SCHH alternatives, compared on the same dates as SCHH.
Test SCHH in your own rules#
Tactfolio is a platform where you build rules-based investing strategies, backtest them on decades of real prices, share them, and run them automatically in your own Alpaca account. Open the builder, add SCHH, and see how a rule such as “hold it only above its 200-day average” would have done. Strategies run on daily prices and hold US stocks and ETFs only.
The details#
Prices come from Tactfolio’s stored daily prices for SCHH and SPY. Each close is adjusted for splits, and dividends are reinvested on the day the fund pays them out. CAGR is the steady yearly return that turns the starting value into the ending value. Volatility is the yearly standard deviation of daily returns. Beta and correlation compare daily returns with the S&P 500 over the same dates.
Fund facts come from Schwab. We checked them on October 17, 2026. Read what a backtest simulates and how to read drawdown and CAGR for more on these measures.
Common questions#
What is the expense ratio of SCHH?#
SCHH charges 0.07% a year, according to Schwab as of October 17, 2026. That is about $7 a year for every $10,000 you hold.
When did SCHH start trading?#
SCHH started trading on January 13, 2011. It is run by Schwab.
What does SCHH track?#
SCHH tracks the Dow Jones Equity All REIT Capped Index. This fund owns shares of about 120 US companies that own buildings and land and collect rent.
How much has SCHH returned per year?#
From January 2011 to October 2026, SCHH returned about 6.6% a year with dividends reinvested. Its worst drop was −44.2%. Past returns do not tell you what it will do next.
Is SCHH above its 200-day moving average?#
On October 16, 2026, SCHH closed 0.7% below its 200-day moving average. This page updates after each US market close.
Which strategies use SCHH?#
None of Tactfolio’s classic strategies hold SCHH yet. You can test it in your own rules in the builder.