DFREX vs. SCHH
Compare and contrast key facts about DFA Real Estate Securities Portfolio Class I (DFREX) and Schwab US REIT ETF (SCHH).
DFREX is managed by Dimensional Fund Advisors LP. It was launched on Jan 5, 1993. SCHH is a passively managed fund by Charles Schwab that tracks the performance of the Dow Jones U.S. Select REIT Index. It was launched on Jan 13, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DFREX or SCHH.
Key characteristics
| DFREX | SCHH | |
|---|---|---|
| YTD Return | -2.45% | -2.71% |
| 1Y Return | 10.84% | 10.69% |
| 3Y Return (Ann) | 0.23% | -0.07% |
| 5Y Return (Ann) | 3.42% | 0.45% |
| 10Y Return (Ann) | 6.11% | 4.07% |
| Sharpe Ratio | 0.43 | 0.43 |
| Daily Std Dev | 18.60% | 18.60% |
| Max Drawdown | -74.36% | -44.22% |
| Current Drawdown | -18.57% | -18.87% |
Correlation
The correlation between DFREX and SCHH is 0.98, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
DFREX vs. SCHH - Performance Comparison
In the year-to-date period, DFREX achieves a -2.45% return, which is significantly higher than SCHH's -2.71% return. Over the past 10 years, DFREX has outperformed SCHH with an annualized return of 6.11%, while SCHH has yielded a comparatively lower 4.07% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
DFREX vs. SCHH - Expense Ratio Comparison
DFREX has a 0.18% expense ratio, which is higher than SCHH's 0.07% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
DFREX vs. SCHH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for DFA Real Estate Securities Portfolio Class I (DFREX) and Schwab US REIT ETF (SCHH). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
DFREX vs. SCHH - Dividend Comparison
DFREX's dividend yield for the trailing twelve months is around 3.74%, more than SCHH's 3.29% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DFREX DFA Real Estate Securities Portfolio Class I | 3.74% | 3.59% | 6.24% | 2.56% | 3.36% | 2.23% | 4.88% | 3.29% | 4.06% | 2.86% | 2.59% | 3.03% |
SCHH Schwab US REIT ETF | 3.29% | 3.24% | 2.55% | 1.50% | 2.86% | 2.86% | 3.66% | 2.22% | 2.81% | 2.48% | 2.18% | 2.59% |
Drawdowns
DFREX vs. SCHH - Drawdown Comparison
The maximum DFREX drawdown since its inception was -74.36%, which is greater than SCHH's maximum drawdown of -44.22%. Use the drawdown chart below to compare losses from any high point for DFREX and SCHH. For additional features, visit the drawdowns tool.
Volatility
DFREX vs. SCHH - Volatility Comparison
DFA Real Estate Securities Portfolio Class I (DFREX) and Schwab US REIT ETF (SCHH) have volatilities of 4.06% and 3.88%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.