SCHH vs XLRE: Holdings Overlap
Schwab · 117 holdings · $11.4B · as of 2026-05-31
XLREState Street® Real Estate Select Sector SPDR® ETF
State Street (SPDR) · 31 holdings · $8.6B · as of 2026-08-06
Holdings snapshots are 67 days apart (SCHH: 2026-05-31, XLRE: 2026-08-06). 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 XLRE?
Schwab U.S. REIT ETF (SCHH, by Schwab) holds 117 positions; State Street® Real Estate Select Sector SPDR® ETF (XLRE, by State Street (SPDR)) holds 31. They have 29 holdings in common, and by portfolio weight the two funds are 73.8% identical. In practical terms the pair is heavily overlapping, with largely the same stocks driving both funds.
- Overlap by Weight
- 73.8%Sum of the smaller weight of each shared holding
- Shared Holdings
- 29SCHH holds 117 · XLRE holds 31
- Weight in Shared Holdings
- SCHH 74%·XLRE 94%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
88 of 117 positions (25.9% of the fund) are not held by XLRE. Showing the top 30 by weight.
Sector Breakdown
| Sector | SCHH | XLRE |
|---|---|---|
| Real Estate | 99.8% | 99.9% |
| 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% |
| XLRE | +0.2% | +13.2% | +11.9% | +9.9% | +2.6% | +6.4% | 3.12% |
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 XLRE →
Shared Holdings(29)
The top 10 shared positions account for 67% of the overlap, led by WELL, PLD and EQIX.
 WELLWelltower Inc. COM | 9.62% | 11.24% | 9.62% |
|---|---|---|---|
 PLDPrologis Inc. COM | 8.95% | 8.90% | 8.90% |
 EQIXEquinix, Inc. COM | 4.88% | 7.00% | 4.88% |
 SPGSimon Property Group Inc COM | 4.47% | 4.85% | 4.47% |
 DLRDigital Realty Trust Inc. COM | 4.35% | 5.02% | 4.35% |
 AMTAmerican Tower Corporation COM | 4.34% | 5.38% | 4.34% |
 ORealty Income Corporation COM | 4.00% | 4.50% | 4.00% |
 PSAPublic Storage COM | 3.40% | 4.80% | 3.40% |
 VTRVentas Inc. COM | 2.84% | 4.56% | 2.84% |
 CCICrown Castle Inc. COM | 2.82% | 3.33% | 2.82% |
 IRMIron Mountain Inc. COM | 2.69% | 3.69% | 2.69% |
 VICIVICI Properties, Inc., Class A | 2.18% | 2.95% | 2.18% |
 EXRExtra Space Storage Inc. COM | 2.17% | 3.21% | 2.17% |
 AVBAvalonBay Communities, Inc. COM | 1.83% | 2.64% | 1.83% |
 EQREquity Residential SH BEN INT | 1.59% | 2.31% | 1.59% |
 SBACSBA Communications Corp., Class A | 1.53% | 1.97% | 1.53% |
 WYWeyerhaeuser Company COM NEW | 1.25% | 1.87% | 1.25% |
 ESSEssex Property Trust, Inc. COM | 1.25% | 1.86% | 1.25% |
 INVHInvitation Homes Inc. COM | 1.17% | 1.69% | 1.17% |
 KIMKimco Realty Corporation COM | 1.15% | 1.68% | 1.15% |
 MAAMid-America Apartment Communities, Inc. COM | 1.07% | 1.58% | 1.07% |
 HSTHost Hotels & Resorts Inc COM | 1.04% | 1.51% | 1.04% |
 DOCHealthpeak Properties Inc COM | 0.94% | 1.48% | 0.94% |
 REGRegency Centers Corp. COM | 0.90% | 1.29% | 0.90% |
 UDRUDR Inc COM | 0.79% | 1.15% | 0.79% |
Frequently Asked Questions
How much do SCHH and XLRE overlap?
SCHH and XLRE overlap by 73.8% of portfolio weight. They share 29 holdings (SCHH holds 117 positions and XLRE holds 31), based on each fund's latest SEC-reported holdings.
Is it redundant to own both SCHH and XLRE?
The two portfolios are 73.8% 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 XLRE?
The largest positions held by both funds are WELL, PLD, EQIX, SPG and DLR. Together the top 10 shared positions account for 67% of the total overlap.
What does SCHH own that XLRE doesn't?
88 positions (25.9% of SCHH) are unique to SCHH, led by WPC, SUI and OHI. In the other direction, 2 positions (5.6% of XLRE) are unique to XLRE.