SCHD vs SCHH
SCHD vs SCHH
Schwab US Dividend Equity ETF vs Schwab US REIT ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. SCHH offers more diversification with 119 holdings.
Side-by-Side Comparison
| Metric | SCHD | SCHH | Winner |
|---|---|---|---|
| Expense Ratio | 0.06% | 0.07% | |
| AUM | $103.7B | $11.7B | |
| Dividend Yield | 3.31% | 2.79% | |
| Holdings | 104 | 121 | |
| YTD Return | +23.02% | +17.62% | |
| 1Y Return | +30.75% | +18.89% | |
| 3Y Return (annualized) | +14.89% | +11.26% | |
| 5Y Return (annualized) | +9.38% | +3.28% | |
| Volatility (annualized) | 13.6% | 17.2% | |
| Max Drawdown | -33.4% | -44.2% | |
| Fund Family | Charles Schwab Asset Management | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Oct 20, 2011 | Jan 13, 2011 |
SCHD vs SCHH Performance
Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management and Schwab US REIT ETF (SCHH) is a ETF from Charles Schwab Asset Management. Over the past year SCHD returned +30.75% while SCHH returned +18.89%. Year to date, SCHD is up 23.02% versus a gain of 17.62% for SCHH.
Over three years, SCHD compounded at +14.89% per year against +11.26% for SCHH; over five years the annualized figures are +9.38% and +3.28% respectively. Across the full 15-year window we track, SCHD has the edge at +11.33% annualized vs +5.33%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHH has been the more volatile fund, with annualized monthly volatility of 17.2% compared with 13.6% for SCHD. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -33.4% for SCHD and -44.2% for SCHH. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.70. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
SCHD charges 0.06% per year while SCHH charges 0.07%. On a $10,000 position that is $6 vs $7 annually, a gap of $1 per year that compounds over a long holding period. On income, SCHD currently yields 3.31% against 2.79% for SCHH.
Holdings Overlap
SCHD and SCHH share 1 holdings out of 218 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in SCHD | Weight in SCHH | Difference |
|---|---|---|---|
| GVMXX | 0.04% | 0.04% | 0.00% |
Frequently Asked Questions
Which is cheaper, SCHD or SCHH?
SCHD has an expense ratio of 0.06% while SCHH charges 0.07%. SCHD is the cheaper option. On a $10,000 investment, that is $1 per year of difference.
Which performed better, SCHD or SCHH?
Over the past year SCHD returned +30.75% vs +18.89% for SCHH, so SCHD leads on 1-year performance. Over the longest common window we track (15 years), SCHD annualized +11.33% vs +5.33% for SCHH. Past performance does not guarantee future results.
Which is riskier, SCHD or SCHH?
SCHH has been the more volatile fund at 17.2% annualized versus 13.6% for SCHD. Worst drawdown: SCHD -33.4% vs SCHH -44.2%.
Should I hold both SCHD and SCHH?
SCHD and SCHH have a monthly-return correlation of 0.70, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between SCHD and SCHH?
SCHD and SCHH share 1 common holdings with a 0.0% weight overlap. Combined, they hold 218 unique securities.
Which pays a higher dividend, SCHD or SCHH?
SCHD yields 3.31% while SCHH yields 2.79%, so SCHD currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.