A news release said the newest offerings expand its lineup to 13 equity and fixed income ETFs. They began trading on January 13, 2011.
According to the news release, the new offerings seek to track as closely as possible, before fees and expenses, the total return of the Dow Jones U.S. Select REIT Index and the Dow Jones U.S. Mid-Cap Total Stock Market Index. As of December 31, 2010, Dow Jones U.S. Select REIT Index had 82 securities and the Dow Jones U.S. Mid-Cap Total Stock Market Index had 495 securities.
The Schwab U.S. REIT ETF (SCHH) may be appropriate for investors seeking to add exposure to both the commercial and residential U.S. real estate markets, providing greater sector diversification than by investing directly in real estate, the company said.
The Schwab U.S. Mid-Cap ETF (SCHM) can offer long term growth potential and access to the mid-cap segment of the U.S. equity market, giving investors diversified exposure representative of the broader U.S. stock market.