RWR vs. SCHH
RWR (SPDR Dow Jones REIT ETF) and SCHH (Schwab US REIT ETF) are both REIT funds - RWR tracks the Dow Jones U.S. Select REIT Index while SCHH tracks the Dow Jones Equity All REIT Capped Index. Both are passively managed. Over the past 10 years, RWR returned 5.51%/yr vs 4.29%/yr for SCHH. With a 0.98 correlation, they move nearly in lockstep. RWR charges 0.25%/yr vs 0.07%/yr for SCHH.
Performance
RWR vs. SCHH - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both stocks are quite close, with RWR having a 16.14% return and SCHH slightly lower at 15.41%. Over the past 10 years, RWR has outperformed SCHH with an annualized return of 5.51%, while SCHH has yielded a comparatively lower 4.29% annualized return.
RWR
- 1D
- 1.31%
- 1M
- 1.96%
- YTD
- 16.14%
- 6M
- 16.59%
- 1Y
- 19.02%
- 3Y*
- 13.63%
- 5Y*
- 4.96%
- 10Y*
- 5.51%
SCHH
- 1D
- 1.31%
- 1M
- 1.22%
- YTD
- 15.41%
- 6M
- 16.02%
- 1Y
- 14.47%
- 3Y*
- 12.09%
- 5Y*
- 3.68%
- 10Y*
- 4.29%
RWR vs. SCHH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RWR SPDR Dow Jones REIT ETF | 16.14% | 3.20% | 7.74% | 13.76% | -26.09% | 45.47% | -11.40% | 22.71% | -4.47% | 3.47% |
SCHH Schwab US REIT ETF | 15.41% | 2.20% | 4.99% | 11.18% | -24.99% | 41.07% | -14.81% | 22.85% | -4.26% | 3.68% |
Correlation
The correlation between RWR and SCHH is 0.97 - 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 (1Y) Calculated over the trailing 1-year period | 0.97 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.98 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.98 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.98 |
Correlation (All Time) Calculated using the full available price history since Jan 13, 2011 | 0.98 |
The correlation between RWR and SCHH has been stable across timeframes, ranging from 0.97 to 0.98 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
RWR vs. SCHH — Risk / Return Rank
RWR
SCHH
RWR vs. SCHH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR Dow Jones REIT ETF (RWR) 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.
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.
| RWR | SCHH | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.31 | ||
| Sortino ratioReturn per unit of downside risk | +0.40 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.19 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 2.38 | 1.75 | +0.62 |
| Martin ratioReturn relative to average drawdown | 8.03 | 5.48 | +2.55 |
Loading charts...
Drawdowns
RWR vs. SCHH - Drawdown Comparison
The maximum RWR drawdown since its inception was -74.92%, which is greater than SCHH's maximum drawdown of -44.22%. Use the drawdown chart below to compare losses from any high point for RWR and SCHH.
Loading charts...
Drawdown Indicators
| RWR | SCHH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -74.92% | -44.22% | -30.70% |
Max Drawdown (1Y)Largest decline over 1 year | -8.04% | -8.28% | +0.24% |
Max Drawdown (3Y)Largest decline over 3 years | -18.85% | -17.76% | -1.09% |
Max Drawdown (5Y)Largest decline over 5 years | -32.58% | -33.28% | +0.70% |
Max Drawdown (10Y)Largest decline over 10 years | -44.39% | -44.22% | -0.17% |
Current DrawdownCurrent decline from peak | -0.46% | -0.79% | +0.33% |
Average DrawdownAverage peak-to-trough decline | -13.08% | -9.42% | -3.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.38% | 2.65% | -0.27% |
Volatility
RWR vs. SCHH - Volatility Comparison
SPDR Dow Jones REIT ETF (RWR) and Schwab US REIT ETF (SCHH) have volatilities of 5.42% and 5.37%, 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.
Loading charts...
Volatility by Period
| RWR | SCHH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.42% | 5.37% | +0.05% |
Volatility (6M)Calculated over the trailing 6-month period | 10.37% | 10.42% | -0.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.05% | 13.89% | +0.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.05% | 18.77% | +0.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.55% | 21.02% | +0.53% |
RWR vs. SCHH - Expense Ratio Comparison
RWR has a 0.25% 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%.
Dividends
RWR vs. SCHH - Dividend Comparison
RWR's dividend yield for the trailing twelve months is around 3.36%, more than SCHH's 2.72% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RWR SPDR Dow Jones REIT ETF | 3.36% | 3.78% | 3.76% | 3.75% | 3.81% | 2.79% | 3.73% | 3.36% | 4.19% | 3.05% | 4.39% | 3.17% |
SCHH Schwab US REIT ETF | 2.72% | 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
With a correlation of 0.97, RWR 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.
RWR has higher volatility (5.42%) compared to SCHH (5.37%). In terms of maximum drawdown, RWR dropped -74.92% vs SCHH's -44.22%.
On 10-year performance, RWR leads with 5.51% vs 4.29% for SCHH. On fees, SCHH is cheaper at 0.07% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, RWR has performed better with a 5.51% return vs 4.29%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
SCHH is cheaper with a 0.07% expense ratio, compared with 0.25% for RWR.
RWR has the higher dividend yield at 3.36%, compared with 2.72% for SCHH.
RWR tracks Dow Jones U.S. Select REIT Index, while SCHH tracks Dow Jones Equity All REIT Capped Index. They also come from different issuers: State Street and Charles Schwab. Their fees differ too: 0.25% for RWR and 0.07% for SCHH.
RWR currently has the higher Sharpe Ratio (1.37 vs 1.05), 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.
Find the right allocation for RWR and SCHH
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer