# SCHH ETF: fees, returns, drawdowns and holdings

> What SCHH holds, its 0.07% yearly fee, returns by year, its worst drop, and which Tactfolio strategies hold it. Updated daily.

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](https://tactfolio.com/about/editorial-policy). Fund facts checked October 17, 2026. Prices through October 16, 2026.

## Key points

- Expense ratio: 0.07% a year (about $7 on $10,000).
- Started trading on January 13, 2011.
- Worst drop since 2011: −44.2%.
- No Tactfolio classic strategies hold it.

## 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.

| Fact | SCHH |
| --- | --- |
| Full name | Schwab U.S. REIT ETF |
| Issuer | Schwab |
| Expense ratio | 0.07% a year |
| Started trading | January 13, 2011 |
| Tracks | Dow Jones Equity All REIT Capped Index |
| Type | Real estate, ETF |
| Holdings | 117 holdings as of February 28, 2026 |
| Facts checked | October 17, 2026 on the [Schwab fund page](https://www.sec.gov/Archives/edgar/data/1454889/000088454626000300/c497k.htm) |

## 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.

You never get a bill for it. The fund takes the fee out of its own value a little each day.

## How has SCHH done since 2011?

From January 2011 to October 2026, SCHH returned about 6.6% a year. Say you put in $10,000 at the start. It would have been worth about $27,335 at the end, with every dividend reinvested.

| Measure | SCHH |
| --- | --- |
| Total return | 173.3% |
| Return per year (CAGR) | 6.6% |
| Worst drop from a high | −44.2% |
| Volatility (how much it swings) | 20.0% |
| Last 12 months | 8.3% |
| Last 3 years, per year | 11.2% |
| Last 5 years, per year | 1.8% |
| Last 10 years, per year | 3.9% |

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 year

| Year | SCHH return |
| --- | --- |
| 2026 (part of the year) | 9.9% |
| 2025 | 2.2% |
| 2024 | 5.0% |
| 2023 | 11.2% |
| 2022 | −25.0% |
| 2021 | 41.1% |
| 2020 | −14.8% |
| 2019 | 22.9% |
| 2018 | −4.2% |
| 2017 | 3.7% |
| 2016 | 6.5% |
| 2015 | 4.4% |
| 2014 | 31.9% |
| 2013 | 1.2% |
| 2012 | 16.8% |
| 2011 (part of the year) | 9.5% |

## 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.

The chart shows how far below its last high the fund was on each day. Big drops are normal for some funds. They matter because selling during a drop locks in the loss.

## Which Tactfolio strategies hold SCHH?

No classic strategy holds SCHH yet. You can add it to your own rules in the [builder](https://tactfolio.com/builder) and see how they would have done.

## How does SCHH compare with similar ETFs?

Funds that can stand in for SCHH:

- [XLRE](https://tactfolio.com/etf/xlre.md): State Street Real Estate Select Sector SPDR ETF, 0.08% a year
- [VNQ](https://tactfolio.com/etf/vnq.md): Vanguard Real Estate ETF, 0.13% a year
- [IYR](https://tactfolio.com/etf/iyr.md): iShares U.S. Real Estate ETF, 0.37% a year
- [RWO](https://tactfolio.com/etf/rwo.md): State Street SPDR Dow Jones Global Real Estate ETF, 0.5% a year

See [all 7 SCHH alternatives](https://tactfolio.com/alternatives/schh.md), 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](https://tactfolio.com/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. 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.

Fund facts come from Schwab. We checked them on October 17, 2026. Read [what a backtest simulates](https://tactfolio.com/docs/backtests.md) and [how to read drawdown and CAGR](https://tactfolio.com/docs/concepts/reading-a-backtest.md) for more on these measures.

## Research and test it

- [Portfolio rebalancing](https://tactfolio.com/learn/portfolio-rebalancing): What portfolio rebalancing is, why a 60/40 mix drifts, calendar vs threshold methods, and how taxes and costs fit in.
- [What is an ETF](https://tactfolio.com/learn/what-is-an-etf): An ETF is a fund that trades like a stock. Learn how ETFs work, what they cost, the main types, and the risks, with SEC sources.
- [ETF screener](https://tactfolio.com/screener.md): A free ETF screener for 162 US-listed funds. Filter by type, issuer and fee, sort by returns or worst drop, and compare funds side by side.
- [ETF expense ratio](https://tactfolio.com/learn/etf-expense-ratio): What an ETF expense ratio is, how the fund charges it, and how 0.03% vs 1% adds up over 10 and 30 years, with real fund examples.
- [Backtest a portfolio](https://tactfolio.com/trading-tools/backtest-portfolio): Backtest a portfolio of US stocks and ETFs. Enter tickers and shares, pick when to rebalance, and get the results with a link to share.
- [Backtesting](https://tactfolio.com/backtesting): Free backtesting software for stocks, ETFs, and crypto perps.

## 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.

### Which strategies use SCHH?

None of Tactfolio's classic strategies hold SCHH yet. You can test it in your own rules in the builder.

## Sources

- [Schwab: Schwab U.S. REIT ETF fund page](https://www.sec.gov/Archives/edgar/data/1454889/000088454626000300/c497k.htm)

> Not financial advice. Tactfolio is a research and automation tool. It is not a broker or a financial adviser. This page is for education only. Backtests are hypothetical. They show how rules would have done on past prices, not how they will do. All investing involves risk, including losing the money you put in.