SCHH vs SCHM
Schwab US REIT ETF vs Schwab US Mid Cap ETF
Which is better, SCHH or SCHM?
SCHM has been ahead.
SCHM has a lower expense ratio. SCHM led over 1Y, 3Y, 5Y and the full window. SCHM is less concentrated, with 5.0% of the fund in its ten largest positions against 51.2%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | SCHH | SCHM |
|---|---|---|
| Expense Ratio | 0.07% | 0.03%Best |
| AUM | $10.8B | $14.6B |
| Dividend Yield | 3.08% | 1.31% |
| Holdings | 120 | 495 |
| YTD Return | +8.22% | +12.80%Best |
| 1Y Return | +8.03% | +16.12%Best |
| 3Y Return (annualized) | +10.69% | +16.61%Best |
| 5Y Return (annualized) | +1.48% | +6.70%Best |
| Volatility (annualized) | 17.2%Tie | 17.2%Tie |
| Max Drawdown | -44.2% | -42.4%Best |
| $10,000 over 5 years | $10,762 | $13,830Best |
| Top 10 Weight | 51.2% | 5.0%Best |
| Fund Family | Charles Schwab Asset Management | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Mid Cap Blend | Mid Cap Blend |
| Inception | Jan 13, 2011 | Jan 13, 2011 |
Volatility and max drawdown are measured over the window both funds cover: Jan 13, 2011 to Oct 14, 2026 (15.8 years).
SCHH vs SCHM growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 15.8 years both funds cover.
SCHH vs SCHM Performance
Schwab US REIT ETF (SCHH) is an ETF from Charles Schwab Asset Management and Schwab US Mid Cap ETF (SCHM) is an ETF from Charles Schwab Asset Management. Over the past year SCHH returned +8.03% while SCHM returned +16.12%. Year to date, SCHH is up 8.22% versus a gain of 12.80% for SCHM.
Over three years, SCHH compounded at +10.69% per year against +16.61% for SCHM; over five years the annualized figures are +1.48% and +6.70% respectively. Across the full 16-year window we track, SCHM has the edge at +9.89% annualized vs +4.71%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHH and SCHM have been equally volatile, both at 17.2% annualized.
The deepest peak-to-trough decline in our data was -44.2% for SCHH and -42.4% for SCHM. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.75. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
SCHH charges 0.07% per year while SCHM charges 0.03%. On a $10,000 position that is $7 vs $3 annually, a gap of $4 per year that compounds over a long holding period. On income, SCHH currently yields 3.08% against 1.31% for SCHM.
Holdings Overlap
23.6% of SCHH's money is in holdings SCHM also owns. 6.5% of SCHM's money is in holdings SCHH also owns.
SCHH and SCHM share little of their money.
32 positions in common, counted across the 119 positions we hold weights for in SCHH and 502 in SCHM, against full books of 120 and 495.
What only one of them owns
Measured across the 119 and 502 positions we hold weights for.
SCHM holds 462 positions SCHH does not, 92.1% of the fund.
Largest: OKTA 0.72%, FFIV 0.53%, ENTG 0.52%, GH 0.49%, UTHR 0.48%
Top Shared Holdings
| Stock | Weight in SCHH | Weight in SCHM | Difference |
|---|---|---|---|
| HSTHost Hotels & Resorts Inc | 1.16% | 0.32% | 0.84% |
| KIMKimco Realty Corp. | 1.12% | 0.31% | 0.81% |
| WPCW.P Carey Inc. | 1.10% | 0.30% | 0.80% |
| OHIOmega Healthcare Investors Reit In | 1.04% | 0.29% | 0.75% |
| DOCHealthpeak Properties Inc | 1.01% | 0.28% | 0.73% |
| SUISun Communities Inc. | 1.01% | 0.28% | 0.73% |
| MAAMid-america Apartment Communities Inc | 1.00% | 0.28% | 0.72% |
| LAMRLamar Advertising Co | 0.94% | 0.26% | 0.68% |
| REGRegency Centers Corp. | 0.89% | 0.25% | 0.64% |
| ELSEquity Lifestyle Properties, Inc. | 0.85% | 0.23% | 0.62% |
23.6% of SCHH is already inside SCHM.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, SCHH or SCHM?
SCHH has an expense ratio of 0.07% while SCHM charges 0.03%. SCHM is the cheaper option, by $4 a year on a $10,000 investment.
Which performed better, SCHH or SCHM?
Over the past year SCHH returned +8.03% vs +16.12% for SCHM, so SCHM leads on 1-year performance. Over the longest common window we track (16 years), SCHH annualized +4.71% vs +9.89% for SCHM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SCHH or SCHM?
SCHH and SCHM have been equally volatile, both at 17.2% annualized. Worst drawdown: SCHH -44.2% vs SCHM -42.4%.
Should I hold both SCHH and SCHM?
SCHH and SCHM have a monthly-return correlation of 0.75, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between SCHH and SCHM?
23.6% of SCHH's money is in holdings SCHM also owns. 6.5% of SCHM's is in holdings SCHH also owns. They hold 32 positions in common, counted across the 119 positions we hold weights for in SCHH and 502 in SCHM.
Which pays a higher dividend, SCHH or SCHM?
SCHH yields 3.08% while SCHM yields 1.31%, so SCHH currently pays the higher dividend yield.
Is SCHM better than SCHH?
SCHM has a lower expense ratio. SCHM led over 1Y, 3Y, 5Y and the full window. SCHM is less concentrated, with 5.0% of the fund in its ten largest positions against 51.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.