DEM vs VNQI: Holdings Overlap
DEMWisdomTree Emerging Markets High Dividend Fund
WisdomTree · 533 holdings · $3.9B · as of 2026-03-31
VNQIVanguard Global Ex-u.s. Real Estate Index Fund
Vanguard · 710 holdings · $3.6B · as of 2026-04-30
Holdings snapshots are 30 days apart (DEM: 2026-03-31, VNQI: 2026-04-30). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are DEM and VNQI?
WisdomTree Emerging Markets High Dividend Fund (DEM, by WisdomTree) holds 533 positions; Vanguard Global Ex-u.s. Real Estate Index Fund (VNQI, by Vanguard) holds 710. They have 28 holdings in common, and by portfolio weight the two funds are 2.5% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 2.5%Sum of the smaller weight of each shared holding
- Shared Holdings
- 28DEM holds 533 · VNQI holds 710
- Weight in Shared Holdings
- DEM 4%·VNQI 3%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in DEM
505 of 533 positions (95.9% of the fund) are not held by VNQI. Showing the top 30 by weight.
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| DEM | +2.5% | +19.2% | +24.0% | +17.6% | +10.5% | +9.2% | 4.10% |
| VNQI | +1.6% | +0.8% | +3.4% | +8.5% | -0.7% | +2.2% | 4.66% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in DEM vs VNQI →
Shared Holdings(28)
The top 10 shared positions account for 72% of the overlap, led by NRP, GRT and RDF.
 NRPNepi Rockcastle NV EUR0.2888 | 0.37% | 0.48% | 0.37% |
|---|---|---|---|
 GRTGrowthpoint Properties Ltd NPV | 0.40% | 0.30% | 0.30% |
 RDFRedefine Properties Ltd. NPV (POST CONVERSION) | 0.25% | 0.25% | 0.25% |
 FIBRAMQHSBC Mexico S.A. CBFI (FIBRA MACQUARIE MEXICO) 144A/REG S | 0.20% | 0.17% | 0.17% |
 2542Highwealth Construction Corp TWD10 | 0.14% | 0.20% | 0.14% |
 6098Country Garden Services Holdings Co Ltd. USD0.0001 | 0.13% | 0.15% | 0.13% |
 RESResilient REIT Ltd. NPV | 0.16% | 0.13% | 0.13% |
 CENCOMALCencosud Shopping SA COM NPV | 0.15% | 0.13% | 0.13% |
 CENOMICEArabian Centres Co. SAR10 | 0.12% | 0.10% | 0.10% |
 2548Huaku Development Company Ltd. TWD10 | 0.14% | 0.10% | 0.10% |
 MINDSPCEMindspace Business Parks REIT NPV(REIT) | 0.09% | 0.10% | 0.09% |
 EQUEquites Property Fund Limited NPV | 0.12% | 0.08% | 0.08% |
 JHSF3JHSF Participacoes SA COM NPV | 0.17% | 0.07% | 0.07% |
 2602Onewo Inc. CNY1 H | 0.07% | 0.05% | 0.05% |
 5534Chong Hong Construction Co Ltd TWD10 | 0.06% | 0.05% | 0.05% |
 6177Da-Li Construction Co Ltd TWD10 | 0.12% | 0.05% | 0.05% |
| Matrix Concepts Holdings Berhad MYR1 | 0.08% | 0.04% | 0.04% |
| Robinsons Land Corp. PHP1 | 0.08% | 0.04% | 0.04% |
| Cathay Real Estate TWD10 | 0.08% | 0.04% | 0.04% |
 2520Kindom Development Company Limited TWD10 | 0.10% | 0.03% | 0.03% |
| Delpha Construction Co Ltd. TWD10 | 0.08% | 0.03% | 0.03% |
 TRGYOTorunlar Gyo TRY1 (C SHARES) | 0.10% | 0.03% | 0.03% |
 2534Hung Sheng Construction Ltd | 0.07% | 0.02% | 0.02% |
| Ever Sunshine Services Group Ltd. HKD0.01 | 0.08% | 0.02% | 0.02% |
| Crowell Developmnt TWD10 | 0.07% | 0.02% | 0.02% |
Frequently Asked Questions
How much do DEM and VNQI overlap?
DEM and VNQI overlap by 2.5% of portfolio weight. They share 28 holdings (DEM holds 533 positions and VNQI holds 710), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DEM and VNQI?
The two portfolios are 2.5% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of DEM and VNQI?
The largest positions held by both funds are NRP, GRT, RDF, FIBRAMQ and 2542. Together the top 10 shared positions account for 72% of the total overlap.
What does DEM own that VNQI doesn't?
505 positions (95.9% of DEM) are unique to DEM, led by C6T, ICK and 2454. In the other direction, 682 positions (96.2% of VNQI) are unique to VNQI.