REET vs. SCHD

Last updated Jun 13, 2026

REET (iShares Global REIT ETF) and SCHD (Schwab U.S. Dividend Equity ETF) are both exchange-traded funds - REET is a REIT fund tracking the FTSE EPRA/NAREIT Global REIT Index, while SCHD is a Dividend fund tracking the Dow Jones U.S. Dividend 100 Index. Both are passively managed. Over the past 10 years, REET returned 4.50%/yr vs 12.91%/yr for SCHD. A 0.65 correlation means they provide meaningful diversification when combined. REET charges 0.14%/yr vs 0.06%/yr for SCHD.

Performance

REET vs. SCHD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Global REIT ETF (REET) and Schwab U.S. Dividend Equity ETF (SCHD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, REET achieves a 12.42% return, which is significantly lower than SCHD's 20.66% return. Over the past 10 years, REET has underperformed SCHD with an annualized return of 4.50%, while SCHD has yielded a comparatively higher 12.91% annualized return.

REET

• 1D: 0.76%
• 1M: 2.38%
• YTD: 12.42%
• 6M: 13.41%
• 1Y: 15.04%
• 3Y*: 10.34%
• 5Y*: 2.51%
• 10Y*: 4.50%

SCHD

• 1D: 0.89%
• 1M: 3.37%
• YTD: 20.66%
• 6M: 19.57%
• 1Y: 26.16%
• 3Y*: 14.90%
• 5Y*: 8.75%
• 10Y*: 12.91%

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

REET vs. SCHD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
REET iShares Global REIT ETF	12.42%	7.97%	2.65%	10.28%	-24.10%	32.43%	-10.48%	24.42%	-5.27%	7.48%
SCHD Schwab U.S. Dividend Equity ETF	20.66%	4.34%	11.66%	4.54%	-3.26%	29.87%	15.03%	27.29%	-5.56%	20.85%

Correlation

The correlation between REET and SCHD is 0.56, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.56
Correlation (3Y) Calculated over the trailing 3-year period	0.68
Correlation (5Y) Calculated over the trailing 5-year period	0.71
Correlation (10Y) Calculated over the trailing 10-year period	0.65
Correlation (All Time) Calculated using the full available price history since Jul 10, 2014	0.65

The correlation between REET and SCHD shifts across timeframes, from 0.56 (1 year) to 0.71 (5 years), reflecting how their relationship changes across market environments.

REET vs. SCHD - Sectors Allocation Comparison

Sectors	REET	SCHD
Real Estate	99.8%	-
Financial Services	0.2%	9.3%
Basic Materials	-	1.2%
Communication Services	-	6.3%
Consumer Cyclical	-	6.3%
Consumer Defensive	-	19.2%
Energy	-	16.2%
Healthcare	-	18.8%
Industrials	-	7.5%
Technology	-	16.4%
Utilities	-	0.0%

Return for Risk

REET vs. SCHD — Risk / Return Rank

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

REET

REET Risk / Return Rank: 39
REET Sharpe Ratio Rank: 39
REET Sortino Ratio Rank: 37
REET Omega Ratio Rank: 37
REET Calmar Ratio Rank: 38
REET Martin Ratio Rank: 42

SCHD

SCHD Risk / Return Rank: 87
SCHD Sharpe Ratio Rank: 86
SCHD Sortino Ratio Rank: 90
SCHD Omega Ratio Rank: 83
SCHD Calmar Ratio Rank: 93
SCHD Martin Ratio Rank: 81

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.

REET vs. SCHD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Global REIT ETF (REET) and Schwab U.S. Dividend Equity ETF (SCHD). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	REET	SCHD	Difference
Sharpe ratio: Return per unit of total volatility	1.23	2.41	-1.18
Sortino ratio: Return per unit of downside risk	1.73	3.72	-1.99
Omega ratio: Gain probability vs. loss probability	1.22	1.43	-0.21
Calmar ratio: Return relative to maximum drawdown	1.67	5.70	-4.03
Martin ratio: Return relative to average drawdown	6.00	13.97	-7.97

REET vs. SCHD - Sharpe Ratio Comparison

The current REET Sharpe Ratio is 1.23, which is lower than the SCHD Sharpe Ratio of 2.41. The chart below compares the historical Sharpe Ratios of REET and SCHD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

REET vs. SCHD - Drawdown Comparison

The maximum REET drawdown since its inception was -44.59%, which is greater than SCHD's maximum drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for REET and SCHD.

Drawdown Indicators

	REET	SCHD	Difference
Max Drawdown Largest peak-to-trough decline	-44.59%	-33.37%	-11.22%
Max Drawdown (1Y) Largest decline over 1 year	-9.04%	-4.61%	-4.43%
Max Drawdown (3Y) Largest decline over 3 years	-18.02%	-16.13%	-1.89%
Max Drawdown (5Y) Largest decline over 5 years	-32.11%	-16.85%	-15.26%
Max Drawdown (10Y) Largest decline over 10 years	-44.59%	-33.37%	-11.22%
Current Drawdown Current decline from peak	0.00%	-0.03%	+0.03%
Average Drawdown Average peak-to-trough decline	-9.76%	-3.31%	-6.45%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.52%	1.89%	+0.63%

Volatility

REET vs. SCHD - Volatility Comparison

iShares Global REIT ETF (REET) has a higher volatility of 4.16% compared to Schwab U.S. Dividend Equity ETF (SCHD) at 3.05%. This indicates that REET's price experiences larger fluctuations and is considered to be riskier than SCHD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	REET	SCHD	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.16%	3.05%	+1.11%
Volatility (6M) Calculated over the trailing 6-month period	9.07%	7.53%	+1.54%
Volatility (1Y) Calculated over the trailing 1-year period	12.31%	10.93%	+1.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.97%	14.38%	+2.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.85%	16.72%	+2.13%

REET vs. SCHD - Expense Ratio Comparison

REET has a 0.14% expense ratio, which is higher than SCHD's 0.06% 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%.

Dividends

REET vs. SCHD - Dividend Comparison

REET's dividend yield for the trailing twelve months is around 3.29%, more than SCHD's 3.22% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
REET iShares Global REIT ETF	3.29%	3.67%	3.64%	3.27%	2.43%	3.18%	2.65%	5.25%	5.73%	3.84%	5.37%	3.56%
SCHD Schwab U.S. Dividend Equity ETF	3.22%	3.82%	3.64%	3.49%	3.39%	2.78%	3.16%	2.98%	3.06%	2.63%	2.89%	2.97%

Frequently Asked Questions

Can I hold both REET and SCHD in my portfolio?

REET and SCHD have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, REET or SCHD?

REET has higher volatility (4.16%) compared to SCHD (3.05%). In terms of maximum drawdown, REET dropped -44.59% vs SCHD's -33.37%.

Which ETF is better, REET or SCHD?

On 10-year performance, SCHD leads with 12.91% vs 4.50% for REET. On fees, SCHD is cheaper at 0.06% per year. On volatility, SCHD has been the lower-risk option at 3.05%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, REET or SCHD?

Over the 10-year period, SCHD has performed better with a 12.91% return vs 4.50%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, REET or SCHD?

SCHD is cheaper with a 0.06% expense ratio, compared with 0.14% for REET.

Which ETF pays a higher dividend yield, REET or SCHD?

REET has the higher dividend yield at 3.29%, compared with 3.22% for SCHD.

What is the main difference between REET and SCHD?

REET is categorized as REIT, while SCHD is Dividend. REET tracks FTSE EPRA/NAREIT Global REIT Index, while SCHD tracks Dow Jones U.S. Dividend 100 Index. They also come from different issuers: iShares and Charles Schwab. Their fees differ too: 0.14% for REET and 0.06% for SCHD.

Which has better risk-adjusted returns?

SCHD currently has the higher Sharpe Ratio (2.41 vs 1.23), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.