Schwab Rolls Out REIT ETF (SCHH), Mid Cap ETF (SCHM)

Charles Schwab announced the latest addition to its ETF lineup today, launching the Schwab U.S. REIT ETF (SCHH) and Schwab U.S. Mid-Cap ETF (SCHM). The real estate fund will seek to replicate the performance of the Dow Jones U.S. Select REIT Index, the same index to which the SPDR Dow Jones REIT ETF (RWR) is linked. With an expense ratio of 0.13%. SCHH will be the cheapest ETF in the Real Estate ETFdb Category, which previously averaged 0.43% (VNQ was previously the cheapest at 0.15%). SCHM will be linked to the Dow Jones U.S. Mid-Cap Total Stock Market Index, a benchmark that is comprised of 500 mid-cap U.S. stocks and is already linked to the SPDR Dow Jones Mid Cap ETF (EMM). SCHM will also charge an expense ratio of 0.13%, making it the cheapest in the Mid Cap Blend Equities ETFdb Category (again, the new Schwab fund takes the [...] Click here to read the original article on ETFdb.com. Related Posts: Schwab Planning To Construct Real Estate ETF Time For A Real Estate ETF? Low Cost ETFs: Complete List Of The Cheapest Exchange-Traded Funds The Definitive Guide To Real Estate ETFs: Real Estate ETF Investing 101 Half Year In Review: Six ETF Stories From The First Six Months of ‘09