XLRE vs SCHH: Holdings Overlap
XLREState Street® Real Estate Select Sector SPDR® ETF
State Street (SPDR) · 31 holdings · $8.6B · as of 2026-08-06
Schwab · 117 holdings · $11.4B · as of 2026-05-31
Holdings snapshots are 67 days apart (XLRE: 2026-08-06, SCHH: 2026-05-31). 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 XLRE and SCHH?
State Street® Real Estate Select Sector SPDR® ETF (XLRE, by State Street (SPDR)) holds 31 positions; Schwab U.S. REIT ETF (SCHH, by Schwab) holds 117. 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
- 29XLRE holds 31 · SCHH holds 117
- Weight in Shared Holdings
- XLRE 94%·SCHH 74%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 XLRE
2 of 31 positions (5.6% of the fund) are not held by SCHH.
Sector Breakdown
| Sector | XLRE | SCHH |
|---|---|---|
| Real Estate | 99.9% | 99.8% |
| 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 |
|---|---|---|---|---|---|---|---|
| XLRE | +0.2% | +13.2% | +11.9% | +9.9% | +2.6% | +6.4% | 3.12% |
| SCHH | -0.2% | +16.9% | +18.0% | +10.5% | +3.0% | +3.7% | 2.74% |
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 XLRE vs SCHH →
Shared Holdings(29)
The top 10 shared positions account for 67% of the overlap, led by WELL, PLD and EQIX.
 WELLWelltower Inc. COM | 11.24% | 9.62% | 9.62% |
|---|---|---|---|
 PLDPrologis Inc. COM | 8.90% | 8.95% | 8.90% |
 EQIXEquinix, Inc. COM | 7.00% | 4.88% | 4.88% |
 SPGSimon Property Group Inc COM | 4.85% | 4.47% | 4.47% |
 DLRDigital Realty Trust Inc. COM | 5.02% | 4.35% | 4.35% |
 AMTAmerican Tower Corporation COM | 5.38% | 4.34% | 4.34% |
 ORealty Income Corporation COM | 4.50% | 4.00% | 4.00% |
 PSAPublic Storage COM | 4.80% | 3.40% | 3.40% |
 VTRVentas Inc. COM | 4.56% | 2.84% | 2.84% |
 CCICrown Castle Inc. COM | 3.33% | 2.82% | 2.82% |
 IRMIron Mountain Inc. COM | 3.69% | 2.69% | 2.69% |
 VICIVICI Properties, Inc., Class A | 2.95% | 2.18% | 2.18% |
 EXRExtra Space Storage Inc. COM | 3.21% | 2.17% | 2.17% |
 AVBAvalonBay Communities, Inc. COM | 2.64% | 1.83% | 1.83% |
 EQREquity Residential SH BEN INT | 2.31% | 1.59% | 1.59% |
 SBACSBA Communications Corp., Class A | 1.97% | 1.53% | 1.53% |
 WYWeyerhaeuser Company COM NEW | 1.87% | 1.25% | 1.25% |
 ESSEssex Property Trust, Inc. COM | 1.86% | 1.25% | 1.25% |
 INVHInvitation Homes Inc. COM | 1.69% | 1.17% | 1.17% |
 KIMKimco Realty Corporation COM | 1.68% | 1.15% | 1.15% |
 MAAMid-America Apartment Communities, Inc. COM | 1.58% | 1.07% | 1.07% |
 HSTHost Hotels & Resorts Inc COM | 1.51% | 1.04% | 1.04% |
 DOCHealthpeak Properties Inc COM | 1.48% | 0.94% | 0.94% |
 REGRegency Centers Corp. COM | 1.29% | 0.90% | 0.90% |
 UDRUDR Inc COM | 1.15% | 0.79% | 0.79% |
Frequently Asked Questions
How much do XLRE and SCHH overlap?
XLRE and SCHH overlap by 73.8% of portfolio weight. They share 29 holdings (XLRE holds 31 positions and SCHH holds 117), based on each fund's latest SEC-reported holdings.
Is it redundant to own both XLRE and SCHH?
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 XLRE and SCHH?
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 XLRE own that SCHH doesn't?
2 positions (5.6% of XLRE) are unique to XLRE, led by CBRE and CSGP. In the other direction, 88 positions (25.9% of SCHH) are unique to SCHH.