USRT vs VNQ: Holdings Overlap
USRTiShares Core U.S. REIT ETF
iShares · 127 holdings · $4.7B · as of 2026-04-30
VNQVanguard Real Estate Index Fund
Vanguard · 146 holdings · $39.3B · as of 2026-04-30
How similar are USRT and VNQ?
iShares Core U.S. REIT ETF (USRT, by iShares) holds 127 positions; Vanguard Real Estate Index Fund (VNQ, by Vanguard) holds 146. They have 119 holdings in common, and by portfolio weight the two funds are 70.3% identical. In practical terms the pair is heavily overlapping, with largely the same stocks driving both funds.
- Overlap by Weight
- 70.3%Sum of the smaller weight of each shared holding
- Shared Holdings
- 119USRT holds 127 · VNQ holds 146
- Weight in Shared Holdings
- USRT 100%·VNQ 70%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 USRT
8 of 127 positions (0.2% of the fund) are not held by VNQ.
- Postal Realty Trust, Inc., Class A0.05%
- Industrial Logistics Properties Trust COM SHS BEN INT0.04%
- FrontView REIT, Inc.0.03%
- Alpine Income Property Trust, Inc.0.02%
- NexPoint Diversified Real Estate Trust COM NEW0.02%
NLOPNet Lease Office Properties COM0.02%
Sector Breakdown
| Sector | USRT | VNQ |
|---|---|---|
| Real Estate | 99.6% | 99.3% |
| Communication Services | 0.0% | 0.4% |
| Other Sectors | 0.0% | 0.0% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts.
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| USRT | -0.4% | +19.4% | +22.9% | +12.1% | +5.0% | +6.0% | 2.53% |
| VNQ | +0.0% | +13.4% | +13.9% | +9.7% | +2.2% | +4.9% | 3.53% |
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 USRT vs VNQ →
Shared Holdings(119)
The top 10 shared positions account for 56% of the overlap, led by WELL, PLD and EQIX.
 WELLWelltower Inc. COM | 8.31% | 7.84% | 7.84% |
|---|---|---|---|
 PLDPrologis Inc. COM | 7.52% | 7.00% | 7.00% |
 EQIXEquinix, Inc. COM | 6.44% | 5.64% | 5.64% |
 DLRDigital Realty Trust Inc. COM | 4.46% | 3.66% | 3.66% |
 SPGSimon Property Group Inc COM | 4.40% | 3.53% | 3.53% |
 ORealty Income Corporation COM | 4.18% | 3.11% | 3.11% |
 PSAPublic Storage COM | 3.96% | 2.54% | 2.54% |
 VTRVentas Inc. COM | 3.55% | 2.19% | 2.19% |
 IRMIron Mountain Inc. COM | 3.19% | 1.98% | 1.98% |
 EXRExtra Space Storage Inc. COM | 2.60% | 1.61% | 1.61% |
 VICIVICI Properties, Inc., Class A | 2.73% | 1.58% | 1.58% |
 AVBAvalonBay Communities, Inc. COM | 2.24% | 1.38% | 1.38% |
 EQREquity Residential SH BEN INT | 2.13% | 1.25% | 1.25% |
 ESSEssex Property Trust, Inc. COM | 1.45% | 0.90% | 0.90% |
 INVHInvitation Homes Inc. COM | 1.52% | 0.89% | 0.89% |
 KIMKimco Realty Corporation COM | 1.36% | 0.85% | 0.85% |
 WPCW. P. Carey Inc COM | 1.36% | 0.85% | 0.85% |
 SUISun Communities, Inc. COM | 1.35% | 0.84% | 0.84% |
 MAAMid-America Apartment Communities, Inc. COM | 1.30% | 0.80% | 0.80% |
 HSTHost Hotels & Resorts Inc COM | 1.25% | 0.77% | 0.77% |
 OHIOmega Healthcare Investors, Inc. COM | 1.19% | 0.74% | 0.74% |
 GLPIGaming and Leisure Properties Inc COM | 1.13% | 0.73% | 0.73% |
 REGRegency Centers Corp. COM | 1.21% | 0.72% | 0.72% |
 LAMRLamar Advertising Company Class A | 1.03% | 0.63% | 0.63% |
 ELSEquity Lifestyle Properties Inc COM | 1.05% | 0.62% | 0.62% |
Frequently Asked Questions
How much do USRT and VNQ overlap?
USRT and VNQ overlap by 70.3% of portfolio weight. They share 119 holdings (USRT holds 127 positions and VNQ holds 146), based on each fund's latest SEC-reported holdings.
Is it redundant to own both USRT and VNQ?
The two portfolios are 70.3% identical by weight. Owning both mostly doubles down on the shared core rather than diversifying: the same large positions drive both funds.
What are the biggest shared holdings of USRT and VNQ?
The largest positions held by both funds are WELL, PLD, EQIX, DLR and SPG. Together the top 10 shared positions account for 56% of the total overlap.
What does USRT own that VNQ doesn't?
8 positions (0.2% of USRT) are unique to USRT, led by Postal Realty Trust, Inc., Class A, Industrial Logistics Properties Trust COM SHS BEN INT and FrontView REIT, Inc.. In the other direction, 27 positions (29.4% of VNQ) are unique to VNQ.