SCHV vs. SCHH
SCHV (Schwab U.S. Large-Cap Value ETF) and SCHH (Schwab US REIT ETF) are both exchange-traded funds - SCHV is a Large Cap Value Equities fund tracking the Dow Jones U.S. Large-Cap Value Total Stock Market Index, while SCHH is a REIT fund tracking the Dow Jones Equity All REIT Capped Index. Both are passively managed. Over the past 10 years, SCHV returned 12.25%/yr vs 4.31%/yr for SCHH. A 0.65 correlation means they provide meaningful diversification when combined. SCHV charges 0.04%/yr vs 0.07%/yr for SCHH.
Performance
SCHV vs. SCHH - Performance Comparison
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Returns By Period
In the year-to-date period, SCHV achieves a 18.75% return, which is significantly higher than SCHH's 15.79% return. Over the past 10 years, SCHV has outperformed SCHH with an annualized return of 12.25%, while SCHH has yielded a comparatively lower 4.31% annualized return.
SCHV
- 1D
- 1.43%
- 1M
- 4.17%
- YTD
- 18.75%
- 6M
- 17.40%
- 1Y
- 30.47%
- 3Y*
- 19.36%
- 5Y*
- 11.33%
- 10Y*
- 12.25%
SCHH
- 1D
- 0.25%
- 1M
- 0.92%
- YTD
- 15.79%
- 6M
- 15.57%
- 1Y
- 17.26%
- 3Y*
- 11.36%
- 5Y*
- 3.59%
- 10Y*
- 4.31%
SCHV vs. SCHH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SCHV Schwab U.S. Large-Cap Value ETF | 18.75% | 16.02% | 14.13% | 8.93% | -7.65% | 25.58% | 2.64% | 25.92% | -7.30% | 16.56% |
SCHH Schwab US REIT ETF | 15.79% | 2.20% | 4.99% | 11.18% | -24.99% | 41.07% | -14.81% | 22.85% | -4.26% | 3.68% |
Correlation
The correlation between SCHV and SCHH is 0.55, 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 | 0.55 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.68 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.72 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.63 |
Correlation (All Time) Calculated using the full available price history since Jan 13, 2011 | 0.65 |
The correlation between SCHV and SCHH shifts across timeframes, from 0.55 (1 year) to 0.72 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
SCHV vs. SCHH — Risk / Return Rank
SCHV
SCHH
SCHV vs. SCHH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab U.S. Large-Cap Value ETF (SCHV) 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.
| SCHV | SCHH | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.47 | ||
| Sortino ratioReturn per unit of downside risk | +2.08 | ||
| Omega ratioGain probability vs. loss probability | 1.49 | 1.23 | +0.26 |
| Calmar ratioReturn relative to maximum drawdown | 4.48 | 2.09 | +2.39 |
| Martin ratioReturn relative to average drawdown | 17.98 | 6.60 | +11.37 |
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Drawdowns
SCHV vs. SCHH - Drawdown Comparison
The maximum SCHV drawdown since its inception was -37.08%, smaller than the maximum SCHH drawdown of -44.22%. Use the drawdown chart below to compare losses from any high point for SCHV and SCHH.
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Drawdown Indicators
| SCHV | SCHH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.08% | -44.22% | +7.14% |
Max Drawdown (1Y)Largest decline over 1 year | -6.83% | -8.28% | +1.45% |
Max Drawdown (3Y)Largest decline over 3 years | -15.26% | -17.76% | +2.50% |
Max Drawdown (5Y)Largest decline over 5 years | -19.78% | -33.28% | +13.50% |
Max Drawdown (10Y)Largest decline over 10 years | -37.08% | -44.22% | +7.14% |
Current DrawdownCurrent decline from peak | 0.00% | -0.46% | +0.46% |
Average DrawdownAverage peak-to-trough decline | -3.82% | -9.42% | +5.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.70% | 2.62% | -0.92% |
Volatility
SCHV vs. SCHH - Volatility Comparison
The current volatility for Schwab U.S. Large-Cap Value ETF (SCHV) is 4.31%, while Schwab US REIT ETF (SCHH) has a volatility of 5.34%. This indicates that SCHV experiences smaller price fluctuations and is considered to be less risky than SCHH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SCHV | SCHH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.31% | 5.34% | -1.03% |
Volatility (6M)Calculated over the trailing 6-month period | 8.82% | 10.40% | -1.58% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.17% | 13.82% | -2.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.55% | 18.76% | -4.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.94% | 21.01% | -4.07% |
SCHV vs. SCHH - Expense Ratio Comparison
SCHV has a 0.04% expense ratio, which is lower than SCHH's 0.07% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
SCHV vs. SCHH - Dividend Comparison
SCHV's dividend yield for the trailing twelve months is around 1.75%, less than SCHH's 2.76% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SCHH Schwab US REIT ETF | 2.76% | 3.04% | 3.22% | 3.24% | 2.55% | 1.50% | 2.86% | 2.86% | 3.64% | 2.22% | 2.81% | 2.48% |
SCHV Schwab U.S. Large-Cap Value ETF | 1.75% | 2.02% | 2.25% | 2.42% | 2.37% | 1.93% | 3.03% | 3.02% | 3.05% | 2.37% | 2.65% | 2.69% |
Frequently Asked Questions
SCHV and SCHH have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SCHH has higher volatility (5.34%) compared to SCHV (4.31%). In terms of maximum drawdown, SCHV dropped -37.08% vs SCHH's -44.22%.
On 10-year performance, SCHV leads with 12.25% vs 4.31% for SCHH. On fees, SCHV is cheaper at 0.04% per year. On volatility, SCHV has been the lower-risk option at 4.31%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, SCHV has performed better with a 12.25% return vs 4.31%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
SCHV is cheaper with a 0.04% expense ratio, compared with 0.07% for SCHH.
SCHH has the higher dividend yield at 2.76%, compared with 1.75% for SCHV.
SCHV is categorized as Large Cap Value Equities, while SCHH is REIT. SCHV tracks Dow Jones U.S. Large-Cap Value Total Stock Market Index, while SCHH tracks Dow Jones Equity All REIT Capped Index. Their fees differ too: 0.04% for SCHV and 0.07% for SCHH.
SCHV currently has the higher Sharpe Ratio (2.75 vs 1.27), 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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