MORT vs SCHH: Real Estate ETF Showdown
Institutional side-by-side analysis of fees, dividend cash flows, and underlying holdings overlap.
Key Fundamental Specifications
| Metric | MORT | SCHH |
|---|---|---|
| Annual Expense Ratio | 0.41% | 0.07% Lowest Fee |
| Annual Dividend Yield | 11.20% Higher Yield | 3.65% |
| Assets Under Management (AUM) | $0.3 Billion | $6.2 Billion |
| Number of Holdings | 28 Constituents | 125 Constituents |
| Fund Issuer | VanEck | Charles Schwab |
| Benchmark Index | MVIS US Mortgage REITs Index | Dow Jones Equity All REIT Capped Index |
Top Holdings & Weight Overlap
Constituent weights across both funds:
| REIT Constituent | MORT Weight | SCHH Weight |
|---|---|---|
| PLD Prologis Inc. | 0.0% | 8.3% |
| WELL Welltower Inc. | 0.0% | 7.1% |
| EQIX Equinix Inc. | 0.0% | 6.7% |
| SPG Simon Property Group | 0.0% | 4.9% |
| PSA Public Storage | 0.0% | 4.5% |
| DLR Digital Realty Trust | 0.0% | 4.3% |
| O Realty Income Corp. | 0.0% | 4.1% |
Institutional Verdict: MORT or SCHH?
Fee Advantage: SCHH offers the lower expense ratio at 0.07% vs 0.41%. Over a 20-year holding period, lower expense drag preserves thousands of dollars in cumulative returns.
Yield Generation: For income-focused investors, MORT provides the higher current dividend yield at 11.20%, making it more attractive for living off dividend cash flow.
Conclusion: If your priority is low-cost passive index tracking, choose SCHH. If your mandate is maximum immediate dividend yield, choose MORT.
Frequently Asked Questions
What is the difference between MORT and SCHH?
VanEck Mortgage REIT Income ETF (MORT) is issued by VanEck with an expense ratio of 0.41% and dividend yield of 11.20%. In comparison, Schwab U.S. REIT ETF (SCHH) is issued by Charles Schwab charging 0.07% with a yield of 3.65%.
Which REIT ETF has lower fees: MORT or SCHH?
SCHH has the lower annual expense ratio (0.07% vs 0.41%), saving long-term investors money on compounding fee drag.
Which ETF pays a higher dividend yield: MORT or SCHH?
MORT currently pays the higher annualized dividend yield (11.20% vs 3.65%).
Can I hold both MORT and SCHH in a portfolio?
While you can hold both, MORT and SCHH share significant constituent overlap in top REITs like Prologis, American Tower, and Equinix. Holding both may cause redundant portfolio exposure.