Vanguard Real Estate ETF (MSCI US IMI Real Estate 25/50) against Schwab U.S. REIT ETF (Dow Jones Equity All REIT Capped) — fees, long-horizon total returns, holdings overlap, and sector tilt, side by side.
| VNQ | SCHH | SPREAD | |
|---|---|---|---|
| YTD (cumulative) | +12.0% | +15.1% | -3.02 pp |
| 1Y CAGR | +10.1% | +13.8% | -3.72 pp |
| 3Y CAGR | +10.3% | +11.0% | -0.71 pp |
| 5Y CAGR | +1.95% | +2.68% | -0.73 pp |
| 10Y CAGR | +5.07% | +3.81% | +1.26 pp |
| Since inception CAGR | +7.61% | +6.96% | +0.65 pp |
Total return: dividend- and split-adjusted daily closes (distributions reinvested). Spread is VNQ minus SCHH. VNQ since-inception measured from first available bar September 29, 2004. SCHH since-inception measured from first available bar January 13, 2011. Since-inception spans differ — compare that row with care.
| VNQ | SCHH | |
|---|---|---|
| Name | Vanguard Real Estate Index Fund ETF Shares | Schwab U.S. REIT ETF |
| Category | Real Estate | Real Estate |
| Style | Passive | Passive |
| Expense ratio | 0.12% | 0.07% |
| Assets (AUM) | $73.1B | $11.5B |
| Dividend yield | 3.51% | 2.72% |
| Avg volume (3-mo) | 3.1M | 6.2M |
| Inception | September 23, 2004 | January 13, 2011 |
| Benchmark proxy | MSCI US REIT | S&P 500 |
SCHH costs 0.05 pp less per year — about $5.00 per $10,000 invested.
| Shared holding | VNQ | SCHH | MIN |
|---|---|---|---|
| WELLWelltower Inc | 8.46% | 10.65% | 8.46% |
| PLDPrologis Inc | 6.97% | 8.73% | 6.97% |
| EQIXEquinix Inc | 5.20% | 4.13% | 4.13% |
| AMTAmerican Tower Corp | 4.18% | 4.07% | 4.07% |
| SPGSimon Property Group Inc | 3.85% | 4.81% | 3.85% |
| DLRDigital Realty Trust Inc | 3.35% |
Expense ratios verified against issuer fact sheets. Dividend yield is trailing 12-month distributions divided by price, as reported by the fund data provider.
| 4.57% |
| 3.35% |
| ORealty Income Corp | 3.06% | 4.08% | 3.06% |
| PSAPublic Storage | 2.81% | 3.62% | 2.81% |
| VTRVentas Inc | 2.30% | 3.04% | 2.30% |
Sum of min(weight in each fund) across shared tickers — the standard fund-overlap measure. Computed on the top 25 holdings each fund reports, so it is a lower bound; the coverage figures show how much of each fund those top holdings represent.