Data as of Oct 28, 2026.

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IYR vs SCHH: Differences, Returns & Fees

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Over the year to Oct 28, 2026, IYR returned +3.4% to SCHH's +8.7%; 24% of their weight is in the same names.

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Net assets: $3.9bn on Oct 28, 2026 for iShares U.S. Real Estate ETF, and $11.2bn on Aug 31, 2026 for Schwab U.S. REIT ETF.

At a glance
+3.4%
IYR total return, 1 year
+8.7%
SCHH total return, 1 year
0.37%
IYR expense ratio
0.07%
SCHH expense ratio

Pair scorecard

SCHH costs 0.30 points a year less; their one-year returns differ by 5.3 points.

IYR vs SCHH: Differences, Returns & Fees
MeasureIYRSCHH
Return
Total return, 1 year+3.4%+8.7%
Drawdown
Below its high8.6%, high on Jul 28, 20268.5%, high on Jul 24, 2026
Benchmark
What it tracksDow Jones U.S. Real Estate Capped IndexUS REIT
Cost and size
Expense ratio0.37%0.07%
Net assets, IYR as of Oct 28, 2026 and SCHH as of Aug 31, 2026$3.9bn$11.2bn
Holdings
Holdings in common24%
Top ten holdings, share of the fund52.5%51.6%

Holdings in common uses holdings dated Aug 31, 2026 and Oct 27, 2026. Method

What they share

24%

By the books each fund has filed, IYR and SCHH hold 24% of their money in the same securities at the same weight. Holdings dated Aug 31, 2026 and Oct 27, 2026.

0 half 100%

half

24% in common

Positions both hold · largest shared weight first IYR SCHH
WELLTOWER 9.85% 11.05%
VIVMARK RESIDENTIAL 3.51% 3.35%
IRON MOUNTAIN INC 2.68% 2.41%
CROWN CASTLE INC 2.92% 2.34%
INVITATION HOMES 1.14% 1.12%
MID AMERICA APARTMENT COMMUNITIES 1.08% 1.05%
HEALTHPEAK PROPERTIES INC 1.02% 1.01%
AMERICAN HEALTHCARE REIT 0.87% 0.75%
BXP 0.76% 0.71%
NNN REIT 0.63% 0.60%
FIRST INDUSTRIAL REALTY TRUST 0.57% 0.58%
SABRA HEALTH CARE REIT 0.39% 0.36%
Only in one fund ↓
Only in IYR
PROLOGIS REIT 8.77%
AMERICAN TOWER REIT 4.96%
SIMON PROPERTY GROUP REIT INC 4.71%
EQUINIX REIT 4.57%
DIGITAL REALTY TRUST REIT 4.54%
REALTY INCOME REIT 4.19%
PUBLIC STORAGE REIT 4.10%
VENTAS REIT 3.34%
Only in SCHH
Prologis Inc 8.79%
Simon Property Group Inc 4.59%
Digital Realty Trust Inc 4.54%
Equinix Inc 4.27%
American Tower Corp 4.24%
Realty Income Corp 4.02%
Public Storage 3.62%
Ventas Inc 3.12%
Check overlap with more funds →

Side by side

IYR iShares U.S. Real Estate ETF SCHH Schwab U.S. REIT ETF
Where it sits Stock ETF Stock ETF
What it is Tracks an index of U.S. Real Estate Tracks an index of US REIT
Total return, 1 year +3.4% +8.7%
Expense ratio 0.37% 0.07%
Already in the S&P 500 80.0% 73.9%
Holdings 59 117
Net assets, IYR as of Oct 28, 2026 and SCHH as of Aug 31, 2026 $3.9bn $11.2bn

IYR and SCHH on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Client brief · page 1 of 2 Report BR-B1148178C6

IYR and SCHH are built for the same job. How do they differ in cost, holdings and results?

  1. What each follows. IYR follows Dow Jones U.S. Real Estate Capped Index and SCHH follows US REIT.
  2. Holdings in common. 24% of the weight is in the same securities (holdings dated Oct 27, 2026 and Aug 31, 2026).
  3. One-year total return. Over 1 year to Oct 28, 2026 IYR returned +3.4% and SCHH +8.7% with distributions reinvested, a gap of 5.3 points.

Data as of Oct 28, 2026.

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About each fund
IYR

IYR tracks an index of U.S. Real Estate. Over the year to Oct 28, 2026 it returned +3.4% with distributions reinvested. The prospectus expense ratio is 0.37% a year. By its holdings published by its issuer for Oct 27, 2026, 80% of the fund by weight is stocks the S&P 500 also holds, across 59 positions, with the top ten at 52.5%. It sat 8.6% below its high of Jul 28, 2026 on Oct 28, 2026.

SCHH

SCHH tracks an index of US REIT. Over the year to Oct 28, 2026 it returned +8.7% with distributions reinvested. The prospectus expense ratio is 0.07% a year. By its holdings filed for Aug 31, 2026, 74% of the fund by weight is stocks the S&P 500 also holds, across 117 positions, with the top ten at 51.6%. It sat 8.5% below its high of Jul 24, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, IYR or SCHH?
In the year to Oct 28, 2026, with distributions reinvested, IYR returned +3.4% and SCHH +8.7%.
Which is cheaper, IYR or SCHH?
SCHH is cheaper, by 0.30 percentage points a year. That is about $30 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do IYR and SCHH overlap with the S&P 500?
By their latest filed holdings, 80% of IYR and 74% of SCHH by weight is stocks the S&P 500 already holds.
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ETFIQ, IYR against SCHH, data as of Oct 28, 2026. https://etfiq.com/compare/any/iyr-vs-schh

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