VEA vs VNQI: Holdings Overlap
VEAVanguard Developed Markets Index Fund
Vanguard · 3886 holdings · $235.0B · 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 (VEA: 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 VEA and VNQI?
Vanguard Developed Markets Index Fund (VEA, by Vanguard) holds 3886 positions; Vanguard Global Ex-u.s. Real Estate Index Fund (VNQI, by Vanguard) holds 710. They have 274 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
- 274VEA holds 3886 · VNQI holds 710
- Weight in Shared Holdings
- VEA 3%·VNQI 74%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 VEA
3612 of 3886 positions (96.5% of the fund) are not held by VNQI. Showing the top 30 by weight.
Only in VNQI
436 of 710 positions (24.9% of the fund) are not held by VEA. Showing the top 30 by weight.
Sector Breakdown
| Sector | VEA | VNQI |
|---|---|---|
| Real Estate | 2.0% | 64.7% |
| Financials | 20.4% | 0.0% |
| Industrials | 13.9% | 0.0% |
| Information Technology | 9.9% | 0.0% |
| Health Care | 7.3% | 0.0% |
| Other Sectors | 27.1% | 0.0% |
| Unclassified | 18.5% | 34.3% |
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. “Unclassified” is weight we could not classify (19% of VEA, 35% of VNQI).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| VEA | +3.0% | +17.5% | +29.9% | +19.8% | +10.2% | +10.3% | 2.49% |
| 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 VEA vs VNQI →
Shared Holdings(274)
The top 10 shared positions account for 28% of the overlap, led by GMG, 8802 and 8801.
 GMGGoodman Group | 0.12% | 4.01% | 0.12% |
|---|---|---|---|
 8802Mitsubishi Estate Co Ltd | 0.10% | 3.14% | 0.10% |
 8801Mitsui Fudosan Co. Ltd. | 0.09% | 2.76% | 0.09% |
 16Sun Hung Kai Properties Ltd. | 0.08% | 2.44% | 0.08% |
 8830Sumitomo Realty & Development Co. Ltd. | 0.06% | 2.63% | 0.06% |
 1925Daiwa House Industry Co Ltd | 0.06% | 1.68% | 0.06% |
 VNAVonovia SE | 0.06% | 2.05% | 0.06% |
 SPSNSwiss Prime Site AG | 0.05% | 1.26% | 0.05% |
 URWUnibail-Rodamco-Westfield | 0.05% | 1.34% | 0.05% |
 SCGScentre Group | 0.04% | 1.27% | 0.04% |
 823Link REIT | 0.04% | 1.19% | 0.04% |
 SGROSegro PLC | 0.04% | 1.16% | 0.04% |
 CICTCapitaLand Integrated Commercial Trust | 0.04% | 0.98% | 0.04% |
 1113CK Asset Holdings Ltd | 0.04% | 1.12% | 0.04% |
 PSPNPSP Swiss Property AG | 0.03% | 0.83% | 0.03% |
 LIKlepierre SA | 0.03% | 0.81% | 0.03% |
 HKLHongkong Land Holdings Ltd | 0.03% | 0.71% | 0.03% |
 CLARCapitaLand Ascendas REIT | 0.03% | 0.75% | 0.03% |
 SGPStockland | 0.02% | 0.64% | 0.02% |
 AEDAedifica SA | 0.02% | 0.64% | 0.02% |
 MRLMerlin Properties Socimi SA | 0.02% | 0.69% | 0.02% |
 8951Nippon Building Fund Inc | 0.02% | 0.67% | 0.02% |
 1878Daito Trust Construction Co Ltd | 0.02% | 0.63% | 0.02% |
 VCXVicinity Ltd | 0.02% | 0.64% | 0.02% |
 CHCCharter Hall Group | 0.02% | 0.63% | 0.02% |
Showing the top 250 of 274 shared holdings by overlap weight.
Frequently Asked Questions
How much do VEA and VNQI overlap?
VEA and VNQI overlap by 2.5% of portfolio weight. They share 274 holdings (VEA holds 3886 positions and VNQI holds 710), based on each fund's latest SEC-reported holdings.
Is it redundant to own both VEA 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 VEA and VNQI?
The largest positions held by both funds are GMG, 8802, 8801, 16 and 8830. Together the top 10 shared positions account for 28% of the total overlap.
What does VEA own that VNQI doesn't?
3612 positions (96.5% of VEA) are unique to VEA, led by 005930, ASML and 000660. In the other direction, 436 positions (24.9% of VNQI) are unique to VNQI.