The Schwab U.S. REIT ETF (NYSEARCA:SCHH) has spent the last year treading water, down roughly 2% while investors waited for interest rates to cooperate. With the 10-year Treasury hovering around 4.2% in mid- December and the Federal Reserve signaling a gradual path toward lower rates in 2026, SCHH sits at the inflection point where real estate transforms from defensive survival mode to offensive expansion. The Rate Reset That Changes Everything The single biggest macro force shaping SCHH's 2026 trajectory i ...