ETF Versus

SCHH vs SCHP

Schwab U.S. REIT ETF vs Schwab U.S. TIPS 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
SCHP Schwab

Schwab U.S. TIPS ETF (SCHP) is an exchange-traded fund issued by Schwab that provides exposure to us tips securities. It charges a very low expense ratio of 0.05%. The fund offers an attractive dividend yield of 3.71%. Launched in 2010, the fund has a 16-year track record.

AUM: N/A ER: 0.05% Yield: 3.71% Since: 2010-08-05

Quick Verdict

SCHP has a slightly lower expense ratio (0.05% vs 0.07%), saving about $40 per $10,000 over 10 years. SCHH has edged ahead over the past year (0.7% vs -0.5%). Income investors may prefer SCHP for its higher yield (3.7% vs 3.0%).

Key Metrics

Metric SCHH SCHP
Expense Ratio 0.07% 0.05%
Dividend Yield 3.0% 3.7%
Fund Family Schwab Schwab
Category US Real Estate US TIPS

Performance Chart

Indexed to 100 at start (5-year comparison)

80 89 98 107 116 125 2021-04 2022-06 2023-10 2024-12 2026-04
SCHH +3.8%
SCHP -12.7%

Performance Comparison

Period SCHH SCHP Difference
1 Month -5.26% -0.84% -4.42%
3 Months +4.16% +0.62% +3.54%
6 Months +2.06% -0.69% +2.75%
YTD +4.16% +0.62% +3.54%
1 Year +0.74% -0.47% +1.21%
3 Years +12.67% -0.63% +13.30%
5 Years +3.76% -12.68% +16.44%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period SCHH Fees SCHP Fees You Save
$10,000 10 years $140 $100 $40
$10,000 20 years $600 $430 $171
$10,000 30 years $1,938 $1,388 $550
$50,000 10 years $698 $499 $199
$50,000 30 years $9,692 $6,941 $2,751
$100,000 30 years $19,383 $13,882 $5,501

Risk Metrics

Based on 5 years of daily returns

Metric SCHH SCHP
Annualized Volatility 18.8% 6.3%
Max Drawdown -36.4% -22.2%
Sharpe Ratio -0.11 -1.11

Dividend Comparison

Metric SCHH SCHP
Annual Dividend (per share) $0.65 $0.99
Dividend Yield 2.99% 3.71%
Distribution Frequency Quarterly Monthly

Which One Should You Choose?

Choose SCHP if...

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

Choose SCHP if...

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

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