Data as of Oct 28, 2026.
PFF vs SCHH: Differences, Returns & Fees
Over the year to Oct 28, 2026, PFF returned −4.2% to SCHH's +8.7%; 1% of their weight is in the same names.
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askIQ about PFF and SCHHNet assets: $11.8bn on Oct 27, 2026 for iShares Preferred and Income Securities ETF, and $11.2bn on Aug 31, 2026 for Schwab U.S. REIT ETF.
Pair scorecard
SCHH costs 0.38 points a year less; their one-year returns differ by 12.9 points.
| Measure | PFF | SCHH |
|---|---|---|
| Return | ||
| Total return, 1 year | −4.2% | +8.7% |
| Drawdown | ||
| Below its high | 7.1%, high on May 8, 2026 | 8.5%, high on Jul 24, 2026 |
| Benchmark | ||
| What it tracks | ICE Exchange-Listed Preferred & Hybrid Securities Index | US REIT |
| Cost and size | ||
| Expense ratio | 0.45% | 0.07% |
| Net assets, PFF as of Oct 27, 2026 and SCHH as of Aug 31, 2026 | $11.8bn | $11.2bn |
| Holdings | ||
| Holdings in common | 1% | |
| Top ten holdings, share of the fund | 22.7% | 51.6% |
Holdings in common uses holdings dated Aug 31, 2026 and Oct 27, 2026. Method
Risk and return
Jan 21, 2011 to Oct 23, 2026 · 822 weekly returnsSCHH returned more: +175.1% to +84.6%. PFF swung less: 10.6% to 20.9%. PFF fell less at its worst: −27.2% to −42.3%.
Full scorecard
9 measures, with how each is measured Open ↓
| Measure | PFF | SCHH | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +84.6% | +175.1% | SCHH | Price change plus distributions, reinvested. |
| Annualized | +4.0% | +6.6% | SCHH | Total return as a yearly rate. |
| Price return | −26.2% | +79.9% | SCHH | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 10.6% | 20.9% | PFF | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 7.5% | 14.7% | PFF | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −27.2% | −42.3% | PFF | Deepest fall from a high to the low after it. |
| Risk-adjusted | ||||
| Sharpe | 0.27 | 0.33 | SCHH | Return above Treasury bills per unit of volatility. |
| Sortino | 0.38 | 0.47 | SCHH | Return above Treasury bills per unit of downside deviation. |
| Calmar | 0.15 | 0.16 | SCHH (slight) | Annualized return divided by the max drawdown. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 822 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, PFF and SCHH hold 1% of their money in the same securities at the same weight. Holdings dated Aug 31, 2026 and Oct 27, 2026.
half
1% in common
Only in one fund ↓
Side by side
PFF and SCHH on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
PFF and SCHH do different jobs. What does each one do in a portfolio?
- What each follows. PFF follows ICE Exchange-Listed Preferred & Hybrid Securities Index and SCHH follows US REIT.
- Holdings in common. 1% of the weight is in the same securities (holdings dated Oct 27, 2026 and Aug 31, 2026).
- One-year total return. Over 1 year to Oct 28, 2026 PFF returned −4.2% and SCHH +8.7% with distributions reinvested, a gap of 12.9 points.
Data as of Oct 28, 2026.
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PFF
PFF tracks an index of Preferred and Income Securities. Over the year to Oct 28, 2026 it returned −4.2% with distributions reinvested, against +13.6% for its benchmark, the MSCI USA Index. The prospectus expense ratio is 0.45% a year. By its holdings published by its issuer for Oct 27, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 453 positions, with the top ten at 22.7%. It sat 7.1% below its high of May 8, 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, PFF or SCHH?
- In the year to Oct 28, 2026, with distributions reinvested, PFF returned −4.2% and SCHH +8.7%.
- Which is cheaper, PFF or SCHH?
- SCHH is cheaper, by 0.38 percentage points a year. That is about $38 on $10,000 held for a year. Fees come from each fund's prospectus.
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
Cite this pageCitation, APA and Markdown
ETFIQ, PFF against SCHH, data as of Oct 28, 2026. https://etfiq.com/compare/any/pff-vs-schh
ETFIQ. (Oct 28, 2026). PFF against SCHH. Retrieved from https://etfiq.com/compare/any/pff-vs-schh
[PFF against SCHH (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/pff-vs-schh)
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