ETF Versus

SCHH vs SCHM

Schwab U.S. REIT ETF vs Schwab U.S. Mid-Cap ETF

Last updated: 2026-04-02

SCHH Schwab

Schwab U.S. REIT ETF (SCHH) is an exchange-traded fund issued by Schwab that provides exposure to U.S. real estate investment trusts (REITs) and real estate companies. It charges a low expense ratio of 0.07%. The fund offers an attractive dividend yield of 2.99%. Launched in 2011, the fund has a 15-year track record.

AUM: N/A ER: 0.07% Yield: 2.99% Since: 2011-01-13
SCHM Schwab

Schwab U.S. Mid-Cap ETF (SCHM) is an exchange-traded fund issued by Schwab that provides exposure to mid-cap U.S. companies balancing growth potential and stability. It charges a very low expense ratio of 0.04%. The fund offers a moderate dividend yield of 1.39%. Launched in 2011, the fund has a 15-year track record.

AUM: N/A ER: 0.04% Yield: 1.39% Since: 2011-01-13

Quick Verdict

SCHM has a slightly lower expense ratio (0.04% vs 0.07%), saving about $60 per $10,000 over 10 years. Over the past year, SCHM has significantly outperformed with a 17.1% return vs 0.7%. Income investors may prefer SCHH for its higher yield (3.0% vs 1.4%).

Key Metrics

Metric SCHH SCHM
Expense Ratio 0.07% 0.04%
Dividend Yield 3.0% 1.4%
Fund Family Schwab Schwab
Category US Real Estate US Mid Cap

Performance Chart

Indexed to 100 at start (5-year comparison)

80 91 102 113 124 135 2021-04 2022-06 2023-10 2024-12 2026-04
SCHH +3.8%
SCHM +23.6%

Performance Comparison

Period SCHH SCHM Difference
1 Month -5.26% -3.75% -1.51%
3 Months +4.16% +2.59% +1.57%
6 Months +2.06% +4.10% -2.04%
YTD +4.16% +2.59% +1.57%
1 Year +0.74% +17.12% -16.38%
3 Years +12.67% +38.34% -25.67%
5 Years +3.76% +23.57% -19.81%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period SCHH Fees SCHM Fees You Save
$10,000 10 years $140 $80 $60
$10,000 20 years $600 $344 $256
$10,000 30 years $1,938 $1,112 $826
$50,000 10 years $698 $399 $298
$50,000 30 years $9,692 $5,560 $4,131
$100,000 30 years $19,383 $11,121 $8,263

Risk Metrics

Based on 5 years of daily returns

Metric SCHH SCHM
Annualized Volatility 18.8% 19.5%
Max Drawdown -36.4% -27.4%
Sharpe Ratio -0.11 0.08

Dividend Comparison

Metric SCHH SCHM
Annual Dividend (per share) $0.65 $0.44
Dividend Yield 2.99% 1.39%
Distribution Frequency Quarterly Quarterly

Which One Should You Choose?

Choose SCHM if...

you want the lowest fees and plan to buy and hold long-term. Over decades, the expense ratio difference compounds significantly.

Choose SCHM if...

recent performance momentum matters to your strategy. Note that past performance doesn't guarantee future results.

Choose SCHH if...

you prioritize dividend income and want higher regular distributions from your portfolio.

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