VNQ vs REET: Holdings Overlap
VNQVanguard Real Estate Index Fund
Vanguard · 146 holdings · $39.3B · as of 2026-04-30
iShares · 347 holdings · $5.1B · as of 2026-04-30
How similar are VNQ and REET?
Vanguard Real Estate Index Fund (VNQ, by Vanguard) holds 146 positions; iShares Global REIT ETF (REET, by iShares) holds 347. They have 96 holdings in common, and by portfolio weight the two funds are 68.5% identical. In practical terms the pair is heavily overlapping, with largely the same stocks driving both funds.
- Overlap by Weight
- 68.5%Sum of the smaller weight of each shared holding
- Shared Holdings
- 96VNQ holds 146 · REET holds 347
- Weight in Shared Holdings
- VNQ 69%·REET 72%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 VNQ
50 of 146 positions (31.2% of the fund) are not held by REET. Showing the top 30 by weight.
Sector Breakdown
| Sector | VNQ | REET |
|---|---|---|
| Real Estate | 99.3% | 99.6% |
| Communication Services | 0.4% | 0.0% |
| 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 |
|---|---|---|---|---|---|---|---|
| VNQ | +0.0% | +13.4% | +13.9% | +9.7% | +2.2% | +4.9% | 3.53% |
| REET | +0.4% | +14.5% | +17.8% | +10.2% | +2.7% | +4.0% | 3.29% |
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 VNQ vs REET →
Shared Holdings(96)
The top 10 shared positions account for 57% of the overlap, led by WELL, PLD and EQIX.
 WELLWelltower Inc. COM | 7.84% | 8.32% | 7.84% |
|---|---|---|---|
 PLDPrologis Inc. COM | 7.00% | 7.33% | 7.00% |
 EQIXEquinix, Inc. COM | 5.64% | 5.89% | 5.64% |
 DLRDigital Realty Trust Inc. COM | 3.66% | 3.85% | 3.66% |
 SPGSimon Property Group Inc COM | 3.53% | 3.67% | 3.53% |
 ORealty Income Corporation COM | 3.11% | 3.27% | 3.11% |
 PSAPublic Storage COM | 2.54% | 2.66% | 2.54% |
 VTRVentas Inc. COM | 2.19% | 2.29% | 2.19% |
 IRMIron Mountain Inc. COM | 1.98% | 2.06% | 1.98% |
 EXRExtra Space Storage Inc. COM | 1.61% | 1.68% | 1.61% |
 VICIVICI Properties, Inc., Class A | 1.58% | 1.76% | 1.58% |
 AVBAvalonBay Communities, Inc. COM | 1.38% | 1.45% | 1.38% |
 EQREquity Residential SH BEN INT | 1.25% | 1.38% | 1.25% |
 ESSEssex Property Trust, Inc. COM | 0.90% | 0.93% | 0.90% |
 INVHInvitation Homes Inc. COM | 0.89% | 0.98% | 0.89% |
 KIMKimco Realty Corporation COM | 0.85% | 0.88% | 0.85% |
 WPCW. P. Carey Inc COM | 0.85% | 0.88% | 0.85% |
 SUISun Communities, Inc. COM | 0.84% | 0.87% | 0.84% |
 MAAMid-America Apartment Communities, Inc. COM | 0.80% | 0.84% | 0.80% |
 HSTHost Hotels & Resorts Inc COM | 0.77% | 0.81% | 0.77% |
 OHIOmega Healthcare Investors, Inc. COM | 0.74% | 0.77% | 0.74% |
 GLPIGaming and Leisure Properties Inc COM | 0.73% | 0.73% | 0.73% |
 REGRegency Centers Corp. COM | 0.72% | 0.78% | 0.72% |
 ELSEquity Lifestyle Properties Inc COM | 0.62% | 0.68% | 0.62% |
 UDRUDR Inc COM | 0.61% | 0.67% | 0.61% |
Frequently Asked Questions
How much do VNQ and REET overlap?
VNQ and REET overlap by 68.5% of portfolio weight. They share 96 holdings (VNQ holds 146 positions and REET holds 347), based on each fund's latest SEC-reported holdings.
Is it redundant to own both VNQ and REET?
The two portfolios are 68.5% 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 VNQ and REET?
The largest positions held by both funds are WELL, PLD, EQIX, DLR and SPG. Together the top 10 shared positions account for 57% of the total overlap.
What does VNQ own that REET doesn't?
50 positions (31.2% of VNQ) are unique to VNQ, led by VRTPX, AMT and CBRE. In the other direction, 251 positions (27.4% of REET) are unique to REET.