DVRE vs. SCHH

Last updated Jun 4, 2026

DVRE (WEBs Real Estate XLRE Defined Volatility ETF) and SCHH (Schwab US REIT ETF) are both REIT funds - DVRE tracks the Syntax Defined Volatility XLRE Index while SCHH tracks the Dow Jones Equity All REIT Capped Index. Both are passively managed. With a 0.96 correlation, they move nearly in lockstep. DVRE charges 0.89%/yr vs 0.07%/yr for SCHH.

Performance

DVRE vs. SCHH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WEBs Real Estate XLRE Defined Volatility ETF (DVRE) and Schwab US REIT ETF (SCHH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DVRE achieves a 6.90% return, which is significantly lower than SCHH's 12.96% return.

DVRE

• 1D: 0.35%
• 1M: -3.14%
• YTD: 6.90%
• 6M: 4.95%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SCHH

• 1D: 1.69%
• 1M: 0.69%
• YTD: 12.96%
• 6M: 12.23%
• 1Y: 13.99%
• 3Y*: 10.72%
• 5Y*: 3.30%
• 10Y*: 4.28%

*Multi-year figures are annualized to reflect compound growth (CAGR)

DVRE vs. SCHH - Yearly Performance Comparison

	2026 (YTD)	2025
DVRE WEBs Real Estate XLRE Defined Volatility ETF	6.90%	-11.39%
SCHH Schwab US REIT ETF	12.96%	-2.31%

Correlation

The correlation between DVRE and SCHH is 0.96 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 24, 2025	0.96

Return for Risk

DVRE vs. SCHH — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SCHH

SCHH Risk / Return Rank: 32
SCHH Sharpe Ratio Rank: 30
SCHH Sortino Ratio Rank: 29
SCHH Omega Ratio Rank: 29
SCHH Calmar Ratio Rank: 35
SCHH Martin Ratio Rank: 35

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DVRE vs. SCHH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WEBs Real Estate XLRE Defined Volatility ETF (DVRE) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	DVRE	SCHH	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.06	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.18	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.20	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.25	0.34	-0.59

Drawdowns

DVRE vs. SCHH - Drawdown Comparison

The maximum DVRE drawdown since its inception was -15.88%, smaller than the maximum SCHH drawdown of -44.22%. Use the drawdown chart below to compare losses from any high point for DVRE and SCHH.

Drawdown Indicators

	DVRE	SCHH	Difference
Max Drawdown Largest peak-to-trough decline	-15.88%	-44.22%	+28.34%
Max Drawdown (1Y) Largest decline over 1 year	—	-8.28%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-17.76%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-33.28%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-44.22%	—
Current Drawdown Current decline from peak	-6.68%	-1.55%	-5.13%
Average Drawdown Average peak-to-trough decline	-6.47%	-9.45%	+2.98%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.63%	—

Volatility

Volatility by Period

	DVRE	SCHH	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.17%	—
Volatility (6M) Calculated over the trailing 6-month period	—	9.61%	—
Volatility (1Y) Calculated over the trailing 1-year period	24.73%	13.27%	+11.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.73%	18.72%	+6.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.73%	20.97%	+3.76%

DVRE vs. SCHH - Expense Ratio Comparison

DVRE has a 0.89% expense ratio, which is higher than SCHH's 0.07% expense ratio.

Dividends

DVRE vs. SCHH - Dividend Comparison

DVRE's dividend yield for the trailing twelve months is around 0.92%, less than SCHH's 2.77% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DVRE WEBs Real Estate XLRE Defined Volatility ETF	0.92%	0.99%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SCHH Schwab US REIT ETF	2.77%	3.04%	3.22%	3.24%	2.55%	1.50%	2.86%	2.86%	3.64%	2.22%	2.81%	2.48%

Frequently Asked Questions

Can I hold both DVRE and SCHH in my portfolio?

With a correlation of 0.96, DVRE and SCHH move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, DVRE or SCHH?

On fees, SCHH is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DVRE or SCHH?

SCHH is cheaper with a 0.07% expense ratio, compared with 0.89% for DVRE.

Which ETF pays a higher dividend yield, DVRE or SCHH?

SCHH has the higher dividend yield at 2.77%, compared with 0.92% for DVRE.

What is the main difference between DVRE and SCHH?

DVRE tracks Syntax Defined Volatility XLRE Index, while SCHH tracks Dow Jones Equity All REIT Capped Index. They also come from different issuers: WEBs and Charles Schwab. Their fees differ too: 0.89% for DVRE and 0.07% for SCHH.