SCZ vs VNQI: Holdings Overlap
SCZiShares MSCI EAFE Small-Cap ETF
iShares · 2044 holdings · $13.5B · as of 2026-04-30
VNQIVanguard Global Ex-u.s. Real Estate Index Fund
Vanguard · 710 holdings · $3.6B · as of 2026-04-30
How similar are SCZ and VNQI?
iShares MSCI EAFE Small-Cap ETF (SCZ, by iShares) holds 2044 positions; Vanguard Global Ex-u.s. Real Estate Index Fund (VNQI, by Vanguard) holds 710. They have 206 holdings in common, and by portfolio weight the two funds are 10.0% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 10.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 206SCZ holds 2044 · VNQI holds 710
- Weight in Shared Holdings
- SCZ 10%·VNQI 34%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 SCZ
1838 of 2044 positions (89.3% 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 |
|---|---|---|---|---|---|---|---|
| SCZ | +4.1% | +13.5% | +20.2% | +16.6% | +5.9% | +8.6% | 3.07% |
| 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 SCZ vs VNQI →
Shared Holdings(206)
The top 10 shared positions account for 17% of the overlap, led by PSPN, AED and MRL.
 PSPNPSP Swiss Property AG | 0.25% | 0.83% | 0.25% |
|---|---|---|---|
 AEDAedifica SA | 0.19% | 0.64% | 0.19% |
 MRLMerlin Properties Socimi SA | 0.19% | 0.69% | 0.19% |
 CHCCharter Hall Group | 0.18% | 0.63% | 0.18% |
 GPTGPT Group/The | 0.18% | 0.60% | 0.18% |
 LMPLondonMetric Property PLC | 0.16% | 0.55% | 0.16% |
 BLNDBritish Land Co PLC/The | 0.15% | 0.49% | 0.15% |
 8953Japan Metropolitan Fund Invest | 0.15% | 0.48% | 0.15% |
 WDPWarehouses De Pauw CVA | 0.14% | 0.45% | 0.14% |
 3289Tokyu Fudosan Holdings Corp | 0.13% | 0.46% | 0.13% |
 8952Japan Real Estate Investment Corp | 0.13% | 0.49% | 0.13% |
 MGORMega Or Holdings Ltd | 0.13% | 0.42% | 0.13% |
 MGRMirvac Group | 0.13% | 0.44% | 0.13% |
 DXSDexus | 0.13% | 0.44% | 0.13% |
 CASTCastellum AB | 0.13% | 0.43% | 0.13% |
 BBOXTritax Big Box REIT PLC | 0.13% | 0.46% | 0.13% |
 8804Tokyo Tatemono Co Ltd | 0.12% | 0.43% | 0.12% |
 8972KDX Realty Investment Corp | 0.12% | 0.38% | 0.12% |
 BIGIL-SBig Shopping Centers Ltd | 0.12% | 0.39% | 0.12% |
 ALLNAllreal Holding AG | 0.11% | 0.36% | 0.11% |
 3462Nomura Real Estate Master Fund Inc | 0.11% | 0.40% | 0.11% |
 UOLUOL Group Ltd | 0.11% | 0.35% | 0.11% |
 3281GLP J-Reit | 0.11% | 0.38% | 0.11% |
 KDCREITKeppel DC REIT | 0.11% | 0.34% | 0.11% |
 3283Nippon Prologis REIT Inc | 0.10% | 0.37% | 0.10% |
Frequently Asked Questions
How much do SCZ and VNQI overlap?
SCZ and VNQI overlap by 10.0% of portfolio weight. They share 206 holdings (SCZ holds 2044 positions and VNQI holds 710), based on each fund's latest SEC-reported holdings.
Is it redundant to own both SCZ and VNQI?
The two portfolios are 10.0% identical by weight. Owning both is not redundant. Most of each portfolio is distinct, so the funds can serve different roles.
What are the biggest shared holdings of SCZ and VNQI?
The largest positions held by both funds are PSPN, AED, MRL, CHC and GPT. Together the top 10 shared positions account for 17% of the total overlap.
What does SCZ own that VNQI doesn't?
1838 positions (89.3% of SCZ) are unique to SCZ, led by 5801, 4004 and 5706. In the other direction, 504 positions (65.1% of VNQI) are unique to VNQI.