REIT vs. SCHG

Last updated Jun 3, 2026

REIT (ALPS Active REIT ETF) and SCHG (Schwab U.S. Large-Cap Growth ETF) are both exchange-traded funds - REIT is a REIT fund actively managed by ALPS, while SCHG is a Large Cap Growth Equities fund tracking the Dow Jones U.S. Large-Cap Growth Total Stock Market Index. REIT is actively managed, while SCHG is passively managed. Over the past 5 years, REIT returned 4.38%/yr vs 16.21%/yr for SCHG. At a 0.42 correlation, their price movements are largely independent. REIT charges 0.68%/yr vs 0.04%/yr for SCHG.

Performance

REIT vs. SCHG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ALPS Active REIT ETF (REIT) and Schwab U.S. Large-Cap Growth ETF (SCHG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, REIT achieves a 12.74% return, which is significantly higher than SCHG's 7.74% return.

REIT

• 1D: 0.54%
• 1M: -0.57%
• YTD: 12.74%
• 6M: 12.18%
• 1Y: 13.01%
• 3Y*: 10.36%
• 5Y*: 4.38%
• 10Y*: —

SCHG

• 1D: -0.57%
• 1M: 5.91%
• YTD: 7.74%
• 6M: 7.31%
• 1Y: 27.05%
• 3Y*: 25.53%
• 5Y*: 16.21%
• 10Y*: 18.92%

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

REIT vs. SCHG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
REIT ALPS Active REIT ETF	12.74%	-0.55%	7.11%	13.74%	-21.23%	33.56%
SCHG Schwab U.S. Large-Cap Growth ETF	7.74%	17.50%	34.95%	50.10%	-31.80%	28.52%

Correlation

The correlation between REIT and SCHG is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.14
Correlation (3Y) Calculated over the trailing 3-year period	0.27
Correlation (5Y) Calculated over the trailing 5-year period	0.42
Correlation (All Time) Calculated using the full available price history since Mar 1, 2021	0.42

Over the past year, the correlation between REIT and SCHG has dropped to 0.14 - well below their long-term average of 0.42, suggesting their price drivers have been diverging.

REIT vs. SCHG - Sectors Allocation Comparison

Sectors	REIT	SCHG
Real Estate	100.0%	0.5%
Basic Materials	-	1.4%
Communication Services	-	16.0%
Consumer Cyclical	-	12.7%
Consumer Defensive	-	1.7%
Energy	-	0.8%
Financial Services	-	6.7%
Healthcare	-	7.7%
Industrials	-	5.8%
Technology	-	46.3%
Utilities	-	0.4%

Return for Risk

REIT vs. SCHG — Risk / Return Rank

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

REIT

REIT Risk / Return Rank: 30
REIT Sharpe Ratio Rank: 28
REIT Sortino Ratio Rank: 26
REIT Omega Ratio Rank: 27
REIT Calmar Ratio Rank: 36
REIT Martin Ratio Rank: 35

SCHG

SCHG Risk / Return Rank: 43
SCHG Sharpe Ratio Rank: 50
SCHG Sortino Ratio Rank: 48
SCHG Omega Ratio Rank: 49
SCHG Calmar Ratio Rank: 34
SCHG Martin Ratio Rank: 36

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.

REIT vs. SCHG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ALPS Active REIT ETF (REIT) and Schwab U.S. Large-Cap Growth ETF (SCHG). 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.

	REIT	SCHG	Difference
Sharpe ratio Return per unit of total volatility	1.02	1.76	-0.74
Sortino ratio Return per unit of downside risk	1.41	2.37	-0.96
Omega ratio Gain probability vs. loss probability	1.18	1.31	-0.13
Calmar ratio Return relative to maximum drawdown	1.81	1.70	+0.11
Martin ratio Return relative to average drawdown	5.26	5.70	-0.44
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

REIT vs. SCHG - Sharpe Ratio Comparison

The current REIT Sharpe Ratio is 1.02, which is lower than the SCHG Sharpe Ratio of 1.76. The chart below compares the historical Sharpe Ratios of REIT and SCHG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	REIT	SCHG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.02	1.76	-0.74
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.24	0.73	-0.49
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.88	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.39	0.85	-0.46

Drawdowns

REIT vs. SCHG - Drawdown Comparison

The maximum REIT drawdown since its inception was -29.30%, smaller than the maximum SCHG drawdown of -34.59%. Use the drawdown chart below to compare losses from any high point for REIT and SCHG.

Drawdown Indicators

	REIT	SCHG	Difference
Max Drawdown Largest peak-to-trough decline	-29.30%	-34.59%	+5.29%
Max Drawdown (1Y) Largest decline over 1 year	-7.35%	-16.41%	+9.06%
Max Drawdown (3Y) Largest decline over 3 years	-18.19%	-23.39%	+5.20%
Max Drawdown (5Y) Largest decline over 5 years	-29.30%	-34.59%	+5.29%
Max Drawdown (10Y) Largest decline over 10 years	—	-34.59%	—
Current Drawdown Current decline from peak	-2.70%	-0.57%	-2.13%
Average Drawdown Average peak-to-trough decline	-10.39%	-5.20%	-5.19%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.53%	4.90%	-2.37%

Volatility

REIT vs. SCHG - Volatility Comparison

ALPS Active REIT ETF (REIT) has a higher volatility of 3.88% compared to Schwab U.S. Large-Cap Growth ETF (SCHG) at 3.31%. This indicates that REIT's price experiences larger fluctuations and is considered to be riskier than SCHG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	REIT	SCHG	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.88%	3.31%	+0.57%
Volatility (6M) Calculated over the trailing 6-month period	9.08%	11.56%	-2.48%
Volatility (1Y) Calculated over the trailing 1-year period	12.78%	15.45%	-2.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.45%	22.27%	-3.82%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.38%	21.55%	-3.17%

REIT vs. SCHG - Expense Ratio Comparison

REIT has a 0.68% expense ratio, which is higher than SCHG's 0.04% expense ratio.

Dividends

REIT vs. SCHG - Dividend Comparison

REIT's dividend yield for the trailing twelve months is around 2.80%, more than SCHG's 0.36% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
REIT ALPS Active REIT ETF	2.80%	3.20%	3.06%	3.13%	2.81%	4.71%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SCHG Schwab U.S. Large-Cap Growth ETF	0.36%	0.36%	0.39%	0.46%	0.55%	0.42%	0.52%	0.82%	1.27%	1.01%	1.04%	1.22%

Frequently Asked Questions

Can I hold both REIT and SCHG in my portfolio?

REIT and SCHG have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, REIT or SCHG?

REIT has higher volatility (3.88%) compared to SCHG (3.31%). In terms of maximum drawdown, REIT dropped -29.30% vs SCHG's -34.59%.

Which ETF is better, REIT or SCHG?

On 5-year performance, SCHG leads with 16.21% vs 4.38% for REIT. On fees, SCHG is cheaper at 0.04% per year. On volatility, SCHG has been the lower-risk option at 3.31%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, REIT or SCHG?

Over the 5-year period, SCHG has performed better with a 16.21% return vs 4.38%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, REIT or SCHG?

SCHG is cheaper with a 0.04% expense ratio, compared with 0.68% for REIT.

Which ETF pays a higher dividend yield, REIT or SCHG?

REIT has the higher dividend yield at 2.80%, compared with 0.36% for SCHG.

What is the main difference between REIT and SCHG?

REIT is categorized as REIT, while SCHG is Large Cap Growth Equities. They also come from different issuers: ALPS and Charles Schwab. Their fees differ too: 0.68% for REIT and 0.04% for SCHG.

Which has better risk-adjusted returns?

SCHG currently has the higher Sharpe Ratio (1.76 vs 1.02), 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.