SCHH vs VNQ: Holdings Overlap
Schwab · 117 holdings · $11.4B · as of 2026-05-31
VNQVanguard Real Estate Index Fund
Vanguard · 146 holdings · $39.3B · as of 2026-04-30
Holdings snapshots are 31 days apart (SCHH: 2026-05-31, VNQ: 2026-04-30). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are SCHH and VNQ?
Schwab U.S. REIT ETF (SCHH, by Schwab) holds 117 positions; Vanguard Real Estate Index Fund (VNQ, by Vanguard) holds 146. They have 117 holdings in common, and by portfolio weight the two funds are 78.1% identical. In practical terms the pair is heavily overlapping, with largely the same stocks driving both funds.
- Overlap by Weight
- 78.1%Sum of the smaller weight of each shared holding
- Shared Holdings
- 117SCHH holds 117 · VNQ holds 146
- Weight in Shared Holdings
- SCHH 100%·VNQ 79%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in SCHH
Every position in SCHH is also held by VNQ, so it brings nothing the other fund doesn’t already own.
Sector Breakdown
| Sector | SCHH | VNQ |
|---|---|---|
| Real Estate | 99.8% | 99.3% |
| Communication Services | 0.0% | 0.4% |
| Other Sectors | 0.0% | 0.0% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts.
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| SCHH | -0.2% | +16.9% | +18.0% | +10.5% | +3.0% | +3.7% | 2.74% |
| VNQ | +0.0% | +13.4% | +13.9% | +9.7% | +2.2% | +4.9% | 3.53% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in SCHH vs VNQ →
Shared Holdings(117)
The top 10 shared positions account for 53% of the overlap, led by WELL, PLD and EQIX.
 WELLWelltower Inc. COM | 9.62% | 7.84% | 7.84% |
|---|---|---|---|
 PLDPrologis Inc. COM | 8.95% | 7.00% | 7.00% |
 EQIXEquinix, Inc. COM | 4.88% | 5.64% | 4.88% |
 AMTAmerican Tower Corporation COM | 4.34% | 4.54% | 4.34% |
 DLRDigital Realty Trust Inc. COM | 4.35% | 3.66% | 3.66% |
 SPGSimon Property Group Inc COM | 4.47% | 3.53% | 3.53% |
 ORealty Income Corporation COM | 4.00% | 3.11% | 3.11% |
 PSAPublic Storage COM | 3.40% | 2.54% | 2.54% |
 VTRVentas Inc. COM | 2.84% | 2.19% | 2.19% |
 CCICrown Castle Inc. COM | 2.82% | 2.05% | 2.05% |
 IRMIron Mountain Inc. COM | 2.69% | 1.98% | 1.98% |
 EXRExtra Space Storage Inc. COM | 2.17% | 1.61% | 1.61% |
 VICIVICI Properties, Inc., Class A | 2.18% | 1.58% | 1.58% |
 AVBAvalonBay Communities, Inc. COM | 1.83% | 1.38% | 1.38% |
 EQREquity Residential SH BEN INT | 1.59% | 1.25% | 1.25% |
 SBACSBA Communications Corp., Class A | 1.53% | 1.25% | 1.25% |
 WYWeyerhaeuser Company COM NEW | 1.25% | 0.94% | 0.94% |
 ESSEssex Property Trust, Inc. COM | 1.25% | 0.90% | 0.90% |
 INVHInvitation Homes Inc. COM | 1.17% | 0.89% | 0.89% |
 KIMKimco Realty Corporation COM | 1.15% | 0.85% | 0.85% |
 WPCW. P. Carey Inc COM | 1.16% | 0.85% | 0.85% |
 SUISun Communities, Inc. COM | 1.02% | 0.84% | 0.84% |
 MAAMid-America Apartment Communities, Inc. COM | 1.07% | 0.80% | 0.80% |
 HSTHost Hotels & Resorts Inc COM | 1.04% | 0.77% | 0.77% |
 OHIOmega Healthcare Investors, Inc. COM | 0.98% | 0.74% | 0.74% |
Frequently Asked Questions
How much do SCHH and VNQ overlap?
SCHH and VNQ overlap by 78.1% of portfolio weight. They share 117 holdings (SCHH holds 117 positions and VNQ holds 146), based on each fund's latest SEC-reported holdings.
Is it redundant to own both SCHH and VNQ?
The two portfolios are 78.1% identical by weight. Owning both mostly doubles down on the shared core rather than diversifying: the same large positions drive both funds.
What are the biggest shared holdings of SCHH and VNQ?
The largest positions held by both funds are WELL, PLD, EQIX, AMT and DLR. Together the top 10 shared positions account for 53% of the total overlap.
What does SCHH own that VNQ doesn't?
Nothing. Every position in SCHH is also held by VNQ. In the other direction, 29 positions (20.6% of VNQ) are unique to VNQ.