Real-estate ETFs
VNQ vs IYR.
Vanguard Real Estate ETF (MSCI US IMI Real Estate 25/50) against iShares U.S. Real Estate ETF (Russell 1000 Real Estate RIC 22.5/45 Capped) — fees, long-horizon total returns, holdings overlap, and sector tilt, side by side.
Performance · total returndaily bars · as of 2026-07-16
| VNQ | IYR | SPREAD | |
|---|---|---|---|
| YTD (cumulative) | +15.3% | — | — |
| 1Y CAGR | +15.7% | — | — |
| 3Y CAGR | +9.35% | — | — |
| 5Y CAGR | +2.86% | — | — |
| 10Y CAGR | +5.14% | — | — |
| Since inception CAGR | +7.79% | — | — |
Total return: dividend- and split-adjusted daily closes (distributions reinvested). Spread is VNQ minus IYR. VNQ since-inception measured from first available bar September 29, 2004. Since-inception spans differ — compare that row with care.
Fund facts
| VNQ | IYR | |
|---|---|---|
| Name | Vanguard Real Estate Index Fund ETF Shares | iShares U.S. Real Estate ETF |
| Category | Real Estate | Real Estate |
| Style | Passive | Passive |
| Expense ratio | 0.12% | 0.39% |
| Assets (AUM) | $71.3B | $4.7B |
| Dividend yield | 3.60% | 2.21% |
| Avg volume (3-mo) | 3.2M | 5.6M |
| Inception | September 23, 2004 | June 12, 2000 |
| Benchmark proxy | MSCI US REIT | S&P 500 |
VNQ costs 0.27 pp less per year — about $27.00 per $10,000 invested.
Holdings overlaptop-25 holdings · coverage VNQ 53.9% · IYR 51.2%
38.5%of portfolio weight overlaps9 shared of top 10
| Shared holding | VNQ | IYR | MIN |
|---|---|---|---|
| WELLWelltower Inc | 8.37% | 10.83% | 8.37% |
| PLDPrologis Inc | 6.68% | 8.73% | 6.68% |
| EQIXEquinix Inc | 5.43% | 4.55% | 4.55% |
| AMTAmerican Tower Corp | 4.03% | 3.85% | 3.85% |
| SPGSimon Property Group Inc | 3.84% | 4.77% | 3.84% |
| DLRDigital Realty Trust Inc | 3.26% |
Sector tilt VNQ IYR
Real Estate99.5% / 99.5%-0.0pp
Communication Services0.4% / 0.5%-0.1pp
Energy0.1% / —
Industrials
More real-estate etfs
ALAN GLOBAL INTELLIGENCE · alanglobalintelligence.comdaily bars as of 2026-07-16 · fund facts · issuer-verified · holdings · fund data provider
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For information and research only. Not investment advice. ALAN does not place trades or execute orders. Figures come from the sources shown and can lag the market; verify independently before making decisions. Past performance is not predictive of future results.