VNQ vs XLI: Holdings Overlap
VNQVanguard Real Estate Index Fund
Vanguard · 146 holdings · $39.3B · as of 2026-04-30
XLIState Street® Industrial Select Sector SPDR® ETF
State Street (SPDR) · 83 holdings · $34.2B · as of 2026-08-06
Holdings snapshots are 98 days apart (VNQ: 2026-04-30, XLI: 2026-08-06). 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 VNQ and XLI?
Vanguard Real Estate Index Fund (VNQ, by Vanguard) holds 146 positions; State Street® Industrial Select Sector SPDR® ETF (XLI, by State Street (SPDR)) holds 83. They have 0 holdings in common, and by portfolio weight the two funds are 0.0% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 0.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 0VNQ holds 146 · XLI holds 83
- Weight in Shared Holdings
- VNQ 0%·XLI 0%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
146 of 146 positions (99.7% of the fund) are not held by XLI. Showing the top 30 by weight.
Sector Breakdown
| Sector | VNQ | XLI |
|---|---|---|
| Industrials | 0.0% | 99.9% |
| Real Estate | 99.3% | 0.0% |
| 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% |
| XLI | +1.5% | +20.0% | +24.5% | +20.8% | +14.0% | +14.2% | 1.11% |
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 XLI →
Shared Holdings(0)
These two funds have no holdings in common.
Frequently Asked Questions
How much do VNQ and XLI overlap?
VNQ and XLI overlap by 0.0% of portfolio weight. They share 0 holdings (VNQ holds 146 positions and XLI holds 83), based on each fund's latest SEC-reported holdings.
Is it redundant to own both VNQ and XLI?
The two portfolios are 0.0% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What does VNQ own that XLI doesn't?
146 positions (99.7% of VNQ) are unique to VNQ, led by VRTPX, WELL and PLD. In the other direction, 83 positions (99.9% of XLI) are unique to XLI.