SCHH vs. OXLC

Last updated Jun 5, 2026

SCHH (Schwab US REIT ETF) is REIT fund tracking the Dow Jones Equity All REIT Capped Index, while OXLC (Oxford Lane Capital Corp.) is a stock. Over the past 10 years, SCHH returned 4.28%/yr vs 4.39%/yr for OXLC. At a 0.21 correlation, their price movements are largely independent.

Performance

SCHH vs. OXLC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Schwab US REIT ETF (SCHH) and Oxford Lane Capital Corp. (OXLC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SCHH achieves a 12.96% return, which is significantly higher than OXLC's -21.63% return. Both investments have delivered pretty close results over the past 10 years, with SCHH having a 4.28% annualized return and OXLC not far ahead at 4.39%.

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%

OXLC

• 1D: -0.10%
• 1M: -0.15%
• YTD: -21.63%
• 6M: -22.69%
• 1Y: -38.17%
• 3Y*: -7.42%
• 5Y*: -7.28%
• 10Y*: 4.39%

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

SCHH vs. OXLC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SCHH Schwab US REIT ETF	12.96%	2.20%	4.99%	11.18%	-24.99%	41.07%	-14.81%	22.85%	-4.26%	3.68%
OXLC Oxford Lane Capital Corp.	-21.63%	-24.38%	24.58%	16.52%	-24.15%	59.91%	-15.79%	-0.98%	12.86%	13.47%

Correlation

The correlation between SCHH and OXLC is 0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.08
Correlation (3Y) Calculated over the trailing 3-year period	0.22
Correlation (5Y) Calculated over the trailing 5-year period	0.27
Correlation (10Y) Calculated over the trailing 10-year period	0.22
Correlation (All Time) Calculated using the full available price history since Jan 24, 2011	0.21

The correlation between SCHH and OXLC shifts across timeframes, from 0.08 (1 year) to 0.27 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

SCHH vs. OXLC — 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

OXLC

OXLC Risk / Return Rank: 8
OXLC Sharpe Ratio Rank: 3
OXLC Sortino Ratio Rank: 6
OXLC Omega Ratio Rank: 5
OXLC Calmar Ratio Rank: 15
OXLC Martin Ratio Rank: 12

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.

SCHH vs. OXLC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Schwab US REIT ETF (SCHH) and Oxford Lane Capital Corp. (OXLC). 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.

	SCHH	OXLC	Difference
Sharpe ratio: Return per unit of total volatility	1.06	-1.12	+2.18
Sortino ratio: Return per unit of downside risk	1.50	-1.50	+3.00
Omega ratio: Gain probability vs. loss probability	1.19	0.79	+0.40
Calmar ratio: Return relative to maximum drawdown	1.70	-0.71	+2.41
Martin ratio: Return relative to average drawdown	5.34	-1.28	+6.62
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SCHH vs. OXLC - Sharpe Ratio Comparison

The current SCHH Sharpe Ratio is 1.06, which is higher than the OXLC Sharpe Ratio of -1.12. The chart below compares the historical Sharpe Ratios of SCHH and OXLC, 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

	SCHH	OXLC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.06	-1.12	+2.18
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.18	-0.28	+0.46
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.20	0.10	+0.10
Sharpe Ratio (All Time) Calculated using the full available price history	0.34	0.08	+0.27

Drawdowns

SCHH vs. OXLC - Drawdown Comparison

The maximum SCHH drawdown since its inception was -44.22%, smaller than the maximum OXLC drawdown of -74.58%. Use the drawdown chart below to compare losses from any high point for SCHH and OXLC.

Drawdown Indicators

	SCHH	OXLC	Difference
Max Drawdown Largest peak-to-trough decline	-44.22%	-74.58%	+30.36%
Max Drawdown (1Y) Largest decline over 1 year	-8.28%	-53.56%	+45.28%
Max Drawdown (3Y) Largest decline over 3 years	-17.76%	-57.17%	+39.41%
Max Drawdown (5Y) Largest decline over 5 years	-33.28%	-57.17%	+23.89%
Max Drawdown (10Y) Largest decline over 10 years	-44.22%	-74.58%	+30.36%
Current Drawdown Current decline from peak	-1.55%	-43.87%	+42.32%
Average Drawdown Average peak-to-trough decline	-9.45%	-13.97%	+4.52%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.63%	29.85%	-27.22%

Volatility

SCHH vs. OXLC - Volatility Comparison

The current volatility for Schwab US REIT ETF (SCHH) is 4.17%, while Oxford Lane Capital Corp. (OXLC) has a volatility of 5.31%. This indicates that SCHH experiences smaller price fluctuations and is considered to be less risky than OXLC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SCHH	OXLC	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.17%	5.31%	-1.14%
Volatility (6M) Calculated over the trailing 6-month period	9.61%	27.87%	-18.26%
Volatility (1Y) Calculated over the trailing 1-year period	13.27%	34.29%	-21.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.72%	25.91%	-7.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.97%	42.48%	-21.51%

Dividends

SCHH vs. OXLC - Dividend Comparison

SCHH's dividend yield for the trailing twelve months is around 2.77%, less than OXLC's 46.70% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
OXLC Oxford Lane Capital Corp.	46.70%	35.86%	20.12%	18.83%	17.75%	10.51%	22.46%	19.85%	16.70%	17.91%	22.84%	24.10%
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 SCHH and OXLC in my portfolio?

SCHH and OXLC have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SCHH or OXLC?

OXLC has higher volatility (5.31%) compared to SCHH (4.17%). In terms of maximum drawdown, SCHH dropped -44.22% vs OXLC's -74.58%.

Which has better risk-adjusted returns?

SCHH currently has the higher Sharpe Ratio (1.06 vs -1.12), 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.