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VNQI vs. SCHH

Last updated Sep 30, 2023

Compare and contrast key facts about Vanguard Global ex-U.S. Real Estate ETF (VNQI) and Schwab US REIT ETF (SCHH).

VNQI and SCHH are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VNQI is a passively managed fund by Vanguard that tracks the performance of the S&P Global ex-U.S. Property Index. It was launched on Nov 1, 2010. 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. Both VNQI and SCHH are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VNQI or SCHH.

Key characteristics


VNQISCHH
YTD Return-5.83%-5.80%
1Y Return4.44%-0.66%
5Y Return (Ann)-3.65%-0.52%
10Y Return (Ann)0.06%4.00%
Sharpe Ratio0.14-0.16
Daily Std Dev17.21%21.71%
Max Drawdown-38.35%-44.22%

Correlation

0.58
-1.001.00

The correlation between VNQI and SCHH is 0.58, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

VNQI vs. SCHH - Performance Comparison

The year-to-date returns for both investments are quite close, with VNQI having a -5.83% return and SCHH slightly higher at -5.80%. Over the past 10 years, VNQI has underperformed SCHH with an annualized return of 0.06%, while SCHH has yielded a comparatively higher 4.00% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-8.00%-6.00%-4.00%-2.00%0.00%2.00%4.00%6.00%MayJuneJulyAugustSeptember
-5.10%
-6.59%
VNQI
SCHH

Compare stocks, funds, or ETFs


Vanguard Global ex-U.S. Real Estate ETF

Schwab US REIT ETF

VNQI vs. SCHH - Dividend Comparison

VNQI's dividend yield for the trailing twelve months is around 0.60%, less than SCHH's 3.46% yield.


TTM20222021202020192018201720162015201420132012
VNQI
Vanguard Global ex-U.S. Real Estate ETF
0.60%0.57%6.52%1.00%8.20%5.40%4.71%6.58%3.82%5.63%4.67%8.24%
SCHH
Schwab US REIT ETF
3.46%2.61%1.57%3.05%3.15%4.14%2.60%3.36%3.05%2.76%3.34%3.32%

VNQI vs. SCHH - Expense Ratio Comparison

VNQI has a 0.12% expense ratio, which is higher than SCHH's 0.07% expense ratio.

0.12%
0.00%2.15%
0.07%
0.00%2.15%

VNQI vs. SCHH - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Global ex-U.S. Real Estate ETF (VNQI) 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.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
VNQI
Vanguard Global ex-U.S. Real Estate ETF
0.14
SCHH
Schwab US REIT ETF
-0.16

VNQI vs. SCHH - Sharpe Ratio Comparison

The current VNQI Sharpe Ratio is 0.14, which is higher than the SCHH Sharpe Ratio of -0.16. The chart below compares the 12-month rolling Sharpe Ratio of VNQI and SCHH.


Rolling 12-month Sharpe Ratio-1.00-0.500.00MayJuneJulyAugustSeptember
0.14
-0.16
VNQI
SCHH

VNQI vs. SCHH - Drawdown Comparison

The maximum VNQI drawdown for the period was -31.86%, roughly equal to the maximum SCHH drawdown of -30.26%. The drawdown chart below compares losses from any high point along the way for VNQI and SCHH


-32.00%-30.00%-28.00%-26.00%-24.00%-22.00%-20.00%MayJuneJulyAugustSeptember
-31.38%
-29.34%
VNQI
SCHH

VNQI vs. SCHH - Volatility Comparison

The current volatility for Vanguard Global ex-U.S. Real Estate ETF (VNQI) is 3.11%, while Schwab US REIT ETF (SCHH) has a volatility of 5.11%. This indicates that VNQI 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.


3.00%4.00%5.00%6.00%7.00%8.00%MayJuneJulyAugustSeptember
3.11%
5.11%
VNQI
SCHH