SCHH vs. VSS
SCHH (Schwab US REIT ETF) and VSS (Vanguard FTSE All-World ex-US Small-Cap ETF) are both exchange-traded funds - SCHH is a REIT fund tracking the Dow Jones Equity All REIT Capped Index, while VSS is a Foreign Small & Mid Cap Equities fund tracking the FTSE Global Small Cap ex US Index. Both are passively managed. Over the past 10 years, SCHH returned 3.75%/yr vs 7.62%/yr for VSS. A 0.52 correlation means they provide meaningful diversification when combined. Both charge a 0.07% expense ratio.
Performance
SCHH vs. VSS - Performance Comparison
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Returns By Period
In the year-to-date period, SCHH achieves a 18.75% return, which is significantly higher than VSS's 4.76% return. Over the past 10 years, SCHH has underperformed VSS with an annualized return of 3.75%, while VSS has yielded a comparatively higher 7.62% annualized return.
SCHH
- 1D
- -0.45%
- 1M
- 5.53%
- 6M
- 13.48%
- YTD
- 18.75%
- 1Y
- 18.40%
- 3Y*
- 10.21%
- 5Y*
- 3.48%
- 10Y*
- 3.75%
- ALL TIME*
- 7.23%
VSS
- 1D
- -0.93%
- 1M
- -5.21%
- 6M
- 0.59%
- YTD
- 4.76%
- 1Y
- 14.08%
- 3Y*
- 12.89%
- 5Y*
- 5.01%
- 10Y*
- 7.62%
- ALL TIME*
- 9.58%
SCHH vs. VSS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SCHH Schwab US REIT ETF | 18.75% | 2.20% | 4.99% | 11.18% | -24.99% | 41.07% | -14.81% | 22.85% | -4.26% | 3.68% |
VSS Vanguard FTSE All-World ex-US Small-Cap ETF | 4.76% | 29.61% | 2.94% | 15.52% | -21.48% | 13.05% | 11.81% | 21.36% | -18.48% | 30.61% |
Correlation
The correlation between SCHH and VSS is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.33 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.47 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.53 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.48 |
Correlation (All Time) Calculated using the full available price history since Jan 13, 2011 | 0.52 |
The correlation between SCHH and VSS shifts across timeframes, from 0.33 (1 year) to 0.53 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
SCHH vs. VSS — Risk / Return Rank
SCHH
VSS
SCHH vs. VSS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab US REIT ETF (SCHH) and Vanguard FTSE All-World ex-US Small-Cap ETF (VSS). 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.
| SCHH | VSS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.43 | ||
| Sortino ratioReturn per unit of downside risk | +0.57 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.17 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 2.23 | 1.22 | +1.01 |
| Martin ratioReturn relative to average drawdown | 7.01 | 4.12 | +2.89 |
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Drawdowns
SCHH vs. VSS - Drawdown Comparison
The maximum SCHH drawdown since its inception was -44.22%, roughly equal to the maximum VSS drawdown of -43.51%. Use the drawdown chart below to compare losses from any high point for SCHH and VSS.
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Drawdown Indicators
| SCHH | VSS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -44.22% | -43.51% | -0.71% |
Max Drawdown (1Y)Largest decline over 1 year | -8.28% | -11.62% | +3.34% |
Max Drawdown (3Y)Largest decline over 3 years | -17.76% | -15.73% | -2.03% |
Max Drawdown (5Y)Largest decline over 5 years | -33.28% | -33.93% | +0.65% |
Max Drawdown (10Y)Largest decline over 10 years | -44.22% | -43.51% | -0.71% |
Current DrawdownCurrent decline from peak | -0.45% | -7.70% | +7.25% |
Average DrawdownAverage peak-to-trough decline | -9.38% | -9.60% | +0.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.63% | 3.43% | -0.80% |
Volatility
SCHH vs. VSS - Volatility Comparison
Schwab US REIT ETF (SCHH) and Vanguard FTSE All-World ex-US Small-Cap ETF (VSS) have volatilities of 4.58% and 4.76%, 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.
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Volatility by Period
| SCHH | VSS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.58% | 4.76% | -0.18% |
Volatility (6M)Calculated over the trailing 6-month period | 11.04% | 14.24% | -3.20% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.09% | 16.08% | -1.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.77% | 16.65% | +2.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.03% | 17.12% | +3.91% |
SCHH vs. VSS - Expense Ratio Comparison
Both SCHH and VSS have an expense ratio of 0.07%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
SCHH vs. VSS - Dividend Comparison
SCHH's dividend yield for the trailing twelve months is around 2.70%, less than VSS's 3.33% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SCHH Schwab US REIT ETF | 2.70% | 3.04% | 3.22% | 3.24% | 2.55% | 1.50% | 2.86% | 2.86% | 3.64% | 2.22% | 2.81% | 2.48% |
VSS Vanguard FTSE All-World ex-US Small-Cap ETF | 3.33% | 3.39% | 3.44% | 3.14% | 2.30% | 2.74% | 1.90% | 3.25% | 2.80% | 2.83% | 2.93% | 2.66% |
Frequently Asked Questions
SCHH and VSS have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VSS has higher volatility (4.76%) compared to SCHH (4.58%). In terms of maximum drawdown, SCHH dropped -44.22% vs VSS's -43.51%.
On 10-year performance, VSS leads with 7.62% vs 3.75% for SCHH. Both ETFs have the same 0.07% expense ratio. On volatility, SCHH has been the lower-risk option at 4.58%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, VSS has performed better with a 7.62% return vs 3.75%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
SCHH and VSS have the same expense ratio: 0.07% per year.
VSS has the higher dividend yield at 3.33%, compared with 2.70% for SCHH.
SCHH is categorized as REIT, while VSS is Foreign Small & Mid Cap Equities. SCHH tracks Dow Jones Equity All REIT Capped Index, while VSS tracks FTSE Global Small Cap ex US Index. They also come from different issuers: Charles Schwab and Vanguard.
SCHH currently has the higher Sharpe Ratio (1.31 vs 0.88), 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.
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