Fund · Schwab U.S. REIT ETF · measured from SEC filings
SCHH holdings
SCHH reports 118 holdings and behaves like 28.6 equally weighted ones, computed from its SEC Form N-PORT filing for 2026-05-31. The fact sheet publishes the first number; this page computes the second, and traces it across 27 quarters of filings.
Measured concentration
as of 2026-05-31Computed by this site from the fund's SEC Form N-PORT filing; what the measure does not tell you · every fund in one table · hold it with other funds? X-ray the mix. Pricing: 100% at a quoted market price (level 1), one issuer country.
What stands out
as of 2026-05-31SCHH's largest investment is Welltower Inc at 9.62% of net assets. Prologis Inc and Equinix Inc follow; the three together are 23.45%. Ten companies are 49.71% of the fund; the other 108 share the rest. Among the 721 equity funds measured here, SCHH behaves like 28.6 holdings against a median of 42.4 — 1.5 times more concentrated than the median. Across 27 quarterly filings SCHH has held roughly steady since 2019-11-30 (35.5 then, 28.6 now). Between the 2026-02-28 and 2026-05-31 filings 3 positions were added and 3 dropped; 2.9% of the weight moved.
Each sentence is read from the fund's own SEC filing; the class median is computed across the comparable equity funds on this site. Nothing here is a view on the fund.
Every filing since 2019
27Between 2019-11-30 and 2026-05-31, SCHH went from behaving like 35.5 equally weighted positions to 28.6 — 19% fewer, while its top ten went from 43.69% to 49.71% of net assets. Read across the funds on the concentration-over-time table.
| Period | Holdings | Effective | Top 10 | Largest |
|---|---|---|---|---|
| 2026-05-31 | 118 | 28.6 | 49.71% | 9.62% |
| 2026-02-28 | 118 | 27.9 | 50.88% | 9.5% |
| 2025-11-30 | 123 | 28.6 | 49.33% | 10.18% |
| 2025-08-31 | 124 | 31.6 | 47.97% | 7.75% |
| 2025-05-31 | 122 | 31.3 | 48.25% | 7.56% |
| 2025-02-28 | 122 | 32.1 | 47.13% | 8.34% |
| 2024-11-30 | 119 | 32.7 | 47.07% | 7.59% |
| 2024-08-31 | 118 | 31.7 | 47.58% | 8.45% |
Earlier filings (19 more, back to 2019-11-30)
| Period | Holdings | Effective | Top 10 | Largest |
|---|---|---|---|---|
| 2024-05-31 | 120 | 32.9 | 46.6% | 8.23% |
| 2024-02-29 | 121 | 29.9 | 48.46% | 9.92% |
| 2023-11-30 | 124 | 30.4 | 48.02% | 8.95% |
| 2023-08-31 | 126 | 31.9 | 45.79% | 9.73% |
| 2023-05-31 | 126 | 30.6 | 46.58% | 10.1% |
| 2023-02-28 | 129 | 32.6 | 45.04% | 9.37% |
| 2022-11-30 | 134 | 32.9 | 44.73% | 8.7% |
| 2022-08-31 | 135 | 34 | 43.71% | 8.99% |
| 2022-05-31 | 141 | 36.1 | 42.73% | 8.36% |
| 2022-02-28 | 138 | 37.9 | 41.43% | 7.58% |
| 2021-11-30 | 140 | 36.3 | 42.59% | 8.06% |
| 2021-08-31 | 141 | 35.9 | 42.61% | 8.94% |
| 2021-05-31 | 141 | 36.9 | 41.98% | 8.56% |
| 2021-02-28 | 142 | 39.3 | 40.7% | 8.14% |
| 2020-11-30 | 144 | 36.9 | 41.82% | 8.95% |
| 2020-08-31 | 145 | 36 | 42.58% | 8.96% |
| 2020-05-31 | 95 | 28.7 | 45.86% | 11.59% |
| 2020-02-29 | 94 | 32.7 | 45.36% | 9.46% |
| 2019-11-30 | 96 | 35.5 | 43.69% | 7.96% |
One row per filed reporting period, newest first, read from EDGAR. Quarterly because that is the public filing cadence. Rows marked * are published but held out of the comparison above; the methodology page says when and why.
Compared with, in the essays
1Overlap with other funds
1Measured against every other fund on this site, from the same filings. Combined effective holdings is how the pair behaves held in equal size.
| With | Overlap | Shared | Combined effective |
|---|---|---|---|
| SCHH vs VNQ | 78.17% | 117 | 28.8 |
Largest positions, as filed
as of 2026-05-31The 15 largest of 118 positions in SCHH's Form N-PORT, weight as a share of net assets, securities-lending collateral excluded. Every position, every quarter: SCHH.csv.gz.
| # | Position | Weight | Cumulative |
|---|---|---|---|
| 1 | Welltower Inc | 9.62% | 9.6% |
| 2 | Prologis Inc | 8.96% | 18.6% |
| 3 | Equinix Inc | 4.89% | 23.5% |
| 4 | Simon Property Group Inc | 4.47% | 27.9% |
| 5 | Digital Realty Trust Inc | 4.35% | 32.3% |
| 6 | American Tower Corp | 4.34% | 36.6% |
| 7 | Realty Income Corp | 4.00% | 40.6% |
| 8 | Public Storage | 3.40% | 44.0% |
| 9 | Ventas Inc | 2.84% | 46.9% |
| 10 | Crown Castle Inc | 2.83% | 49.7% |
| 11 | Iron Mountain Inc | 2.69% | 52.4% |
| 12 | VICI Properties Inc | 2.19% | 54.6% |
| 13 | Extra Space Storage Inc | 2.17% | 56.8% |
| 14 | AvalonBay Communities Inc | 1.83% | 58.6% |
| 15 | Equity Residential | 1.60% | 60.2% |
Returns the fund reported
2019-09 – 2026-05Monthly total returns from Item B.5 of SCHH's own filings, 81 months on record. Not computed here and not from a price feed.
Cross-checked against a series computed separately from prices: median difference 0.07 percentage points over 81 months, which is roughly the distributions. Every month with the filing it came from: SCHH.json · all funds.
Who borrows SCHH's shares
2026-02-28The fund lends its holdings, and Item B.4.a of the filing names every firm holding them. At 2026-02-28, $8m was out to 1 borrower, 0.09% of net assets.
| Borrower | On loan | Share of the loan |
|---|---|---|
| National Financial Services LLC | $8m | 100.0% |
Cash collateral reported against the loan: 0.09% of net assets, 104.1% of the amount lent. That is a floor on the collateral, not the whole of it — collateral the fund does not hold as a position is not in this filing, so a figure under 100% is not evidence of under-collateralisation. How that figure behaves across all funds. Every quarter SCHH has filed, with each borrower: SCHH.json · all funds.
Since the previous filing
2026-02-28 → 2026-05-31118 positions became 118: 3 added (0.2% of the fund at the later date), 3 dropped (0.2% at the earlier date). Half the sum of all weight changes, a turnover proxy: 2.9%. Positions are matched on identifiers, so a security whose identifier changed shows as one drop and one add. Every filing of SCHH compared this way, as a feed: changes.xml · all funds: filings received.
| Largest increases | 2026-02-28 | 2026-05-31 | Largest decreases | 2026-02-28 | 2026-05-31 |
|---|---|---|---|---|---|
| Iron Mountain Inc | 2.28% | 2.69% | Equinix Inc | 5.54% | 4.89% |
| Digital Realty Trust Inc | 4.07% | 4.35% | Realty Income Corp | 4.38% | 4.00% |
| Host Hotels & Resorts Inc | 0.89% | 1.04% | American Tower Corp | 4.54% | 4.34% |
| State Street Institutional US Government Money Market Fund | 0.03% | 0.16% | Simon Property Group Inc | 4.66% | 4.47% |
| Welltower Inc | 9.50% | 9.62% | Prologis Inc | 9.09% | 8.96% |
| Invitation Homes Inc | 1.06% | 1.17% | VICI Properties Inc | 2.30% | 2.19% |
New: Diversified Healthcare Trust (0.13%), CBL & Associates Properties Inc (0.05%), Gladstone Land Corp (0.02%). Gone: Veris Residential Inc (0.11%), Alexander & Baldwin Inc (0.11%), Chicago Board of Trade (0.00%).
Asset categories and pricing
as of 2026-05-3199.84% equity, 0.16% short-term investment as filed; 100.0% carried at a quoted market price (fair-value level 1). Categories and levels are the filer's; what a low level-1 share does and does not mean is in the measure's page.
Derivative exposure and counterparties
as of 2026-05-31A position count cannot describe a fund that uses derivatives, because a swap is filed at its unrealised gain, not its exposure. These are the notionals the fund itself reported, against net assets of $9.98B. Notional of an interest-rate or currency swap is not equity exposure.
Full detail for every fund that files derivatives: leverage.json (CC BY 4.0).
Neighbours by effective holdings, equity funds
10Every measured equity fund lined up by how many holdings it behaves like; these sit either side of SCHH (28.6). Same filings, same arithmetic. Position in this list says nothing about which fund is better.
| Fund | Reports | Behaves like | Top ten | As of |
|---|---|---|---|---|
| XME State Street(R) SPDR(R) S&P(R) Metals & Mining ETF | 42 | 28.2 | 44.29% | 2026-06-30 |
| FBT First Trust NYSE Arca Biotechnology Index Fund | 31 | 28.2 | 43.17% | 2026-06-30 |
| KAT Scharf ETF | 34 | 28.2 | 46.03% | 2026-06-30 |
| BBAX JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF | 97 | 28.3 | 49.56% | 2026-07-31 |
| AIPO Defiance AI & Power Infrastructure ETF | 76 | 28.6 | 51.5% | 2026-05-31 |
| MCHI iShares MSCI China ETF | 581 | 28.7 | 41.43% | 2026-05-31 |
| EMLP First Trust North American Energy Infrastructure Fund | 57 | 28.7 | 47.75% | 2026-07-31 |
| JGRO JPMorgan Active Growth ETF | 129 | 28.9 | 45.71% | 2026-06-30 |
| EPP iShares MSCI Pacific ex Japan ETF | 100 | 29.4 | 47.73% | 2026-05-31 |
| IXJ iShares Global Healthcare ETF | 123 | 29.5 | 47.87% | 2026-06-30 |
Essays that examine SCHH
2-
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