TIREX vs. SCHH
Compare and contrast key facts about TIAA-CREF Real Estate Securities Fund Institutional Class (TIREX) and Schwab US REIT ETF (SCHH).
TIREX is managed by TIAA Investments. It was launched on Oct 1, 2002. SCHH is a passively managed fund by Charles Schwab that tracks the performance of the Dow Jones U.S. Select REIT Index. It was launched on Jan 13, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TIREX or SCHH.
Correlation
The correlation between TIREX and SCHH is 0.97, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
TIREX vs. SCHH - Performance Comparison
Key characteristics
TIREX:
0.80
SCHH:
0.81
TIREX:
1.14
SCHH:
1.19
TIREX:
1.15
SCHH:
1.16
TIREX:
0.45
SCHH:
0.57
TIREX:
2.66
SCHH:
2.65
TIREX:
5.15%
SCHH:
5.39%
TIREX:
17.23%
SCHH:
17.72%
TIREX:
-77.64%
SCHH:
-44.22%
TIREX:
-20.36%
SCHH:
-13.63%
Returns By Period
In the year-to-date period, TIREX achieves a -2.67% return, which is significantly lower than SCHH's -1.35% return. Both investments have delivered pretty close results over the past 10 years, with TIREX having a 3.36% annualized return and SCHH not far behind at 3.29%.
TIREX
-2.67%
-3.69%
-9.34%
14.87%
4.71%
3.36%
SCHH
-1.35%
-3.59%
-9.39%
15.01%
6.33%
3.29%
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TIREX vs. SCHH - Expense Ratio Comparison
TIREX has a 0.47% expense ratio, which is higher than SCHH's 0.07% expense ratio.
Risk-Adjusted Performance
TIREX vs. SCHH — Risk-Adjusted Performance Rank
TIREX
SCHH
TIREX vs. SCHH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for TIAA-CREF Real Estate Securities Fund Institutional Class (TIREX) 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.
Dividends
TIREX vs. SCHH - Dividend Comparison
TIREX's dividend yield for the trailing twelve months is around 3.26%, which matches SCHH's 3.24% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TIREX TIAA-CREF Real Estate Securities Fund Institutional Class | 3.26% | 3.09% | 2.72% | 2.19% | 1.41% | 1.80% | 1.68% | 2.60% | 1.55% | 2.63% | 2.00% | 1.69% |
SCHH Schwab US REIT ETF | 3.24% | 3.22% | 3.24% | 2.55% | 1.50% | 2.86% | 2.86% | 3.66% | 2.22% | 2.81% | 2.48% | 2.18% |
Drawdowns
TIREX vs. SCHH - Drawdown Comparison
The maximum TIREX drawdown since its inception was -77.64%, which is greater than SCHH's maximum drawdown of -44.22%. Use the drawdown chart below to compare losses from any high point for TIREX and SCHH. For additional features, visit the drawdowns tool.
Volatility
TIREX vs. SCHH - Volatility Comparison
The current volatility for TIAA-CREF Real Estate Securities Fund Institutional Class (TIREX) is 8.78%, while Schwab US REIT ETF (SCHH) has a volatility of 10.15%. This indicates that TIREX 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.