RDOG vs SCHH

RDOGBALPS REIT Dividend Dogs ETF

SCHHASchwab U.S. REIT ETF

In short

RDOG Most real estate ETFs just buy the sector by size. RDOG flips it: the highest-yielding REITs inside each of nine property segments, weighted equally, so the biggest landlords don't automatically run the portfolio.

SCHH Landlord exposure at a rounding-error price. SCHH owns the US equity REIT market, roughly 120 of them, for 0.07% a year, a fraction of what the typical real estate fund charges.

Stated mandate

RDOG RDOG seeks to replicate the performance of the S-Network REIT Dividend Dogs Index before fees and expenses. It selects high-yielding US REITs across nine equally weighted REIT segments.

SCHH The fund seeks to track, before fees and expenses, an index of U.S. equity-classified real estate investment trusts.

Why people hold it

• RDOG The "dogs" method is the whole point: take the top-yielding REITs in each of nine property segments and equal-weight them, so no mega-cap landlord dominates.alpsfunds.com
• Roughly 50 REITs spread evenly across nine segments of the property market, so one hot corner of real estate can't quietly become the whole fund.
• 0.35% a year sits just under the typical fund in its real estate group, which is modest for a rules-based yield screen rather than a plain market-cap tracker.
• Live since 2008, it has stayed close to its S-Network REIT Dividend Dogs Index, among the tighter implementations in its peer group, and it pays quarterly.

• SCHH 0.07% a year undercuts every major broad REIT rival: VNQ at 0.13%, USRT, FREL and XLRE at 0.08%, against a 0.37% category median.
• Straight-up landlords. The index covers US equity-classified REITs, the companies that own and rent property, not the wider real estate services trade.schwabassetmanagement.com
• It hugs its index about as closely as anything in the broad US REIT group, one of the strongest implementations among its peers.
• A multi-billion-dollar fund that trades heavily, which keeps spreads tight for retail-size orders and has done since its 2011 launch.

Worth knowing

• RDOG Thin trading and a small asset base mean bid-ask spreads can run wider than the household-name REIT trackers.
• Screening for the fattest yields tilts the basket toward higher-payout, often smaller REITs, historically a bumpier ride than the cap-weighted sector.
• Cost is the trade-off against plain vanilla: SCHH charges 0.07% and VNQ 0.13% for cap-weighted US real estate.

• SCHH One sector, about 120 names. It moves with property markets and interest rates, not the broad market, so the ride is bumpier than a total-market fund.
• Income arrives quarterly, not monthly, which matters if you budget off distributions.
• US only, and equity REITs only: no overseas property and no mortgage REITs in the mix.schwabassetmanagement.com

Full RDOG profile⁠

Full SCHH profile⁠