VNQI vs SCHC: Holdings Overlap
VNQIVanguard Global Ex-u.s. Real Estate Index Fund
Vanguard · 710 holdings · $3.6B · as of 2026-04-30
SCHCSchwab International Small-Cap Equity ETF
Schwab · 2230 holdings · $5.5B · as of 2026-05-31
Holdings snapshots are 31 days apart (VNQI: 2026-04-30, SCHC: 2026-05-31). 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 VNQI and SCHC?
Vanguard Global Ex-u.s. Real Estate Index Fund (VNQI, by Vanguard) holds 710 positions; Schwab International Small-Cap Equity ETF (SCHC, by Schwab) holds 2230. They have 171 holdings in common, and by portfolio weight the two funds are 7.7% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 7.7%Sum of the smaller weight of each shared holding
- Shared Holdings
- 171VNQI holds 710 · SCHC holds 2230
- Weight in Shared Holdings
- VNQI 18%·SCHC 8%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 VNQI
539 of 710 positions (81.2% of the fund) are not held by SCHC. Showing the top 30 by weight.
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| VNQI | +1.6% | +0.8% | +3.4% | +8.5% | -0.7% | +2.2% | 4.66% |
| SCHC | +4.9% | +11.6% | +20.4% | +17.4% | +6.7% | +8.3% | 3.32% |
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 VNQI vs SCHC →
Shared Holdings(171)
The top 10 shared positions account for 22% of the overlap, led by AED, LMP and BBOX.
 AEDAedifica SA | 0.64% | 0.26% | 0.26% |
|---|---|---|---|
 LMPLondonMetric Property PLC | 0.55% | 0.21% | 0.21% |
 BBOXTritax Big Box REIT PLC | 0.46% | 0.18% | 0.18% |
 REI-URioCan Real Estate Investment Trust | 0.20% | 0.18% | 0.18% |
 GRT-UGranite Real Estate Investment Trust | 0.18% | 0.16% | 0.16% |
 ALLNAllreal Holding AG | 0.36% | 0.15% | 0.15% |
 CAR-UCanadian Apartment Properties REIT | 0.18% | 0.15% | 0.15% |
 FCR-UFirst Capital Real Estate Investment Trust | 0.16% | 0.13% | 0.13% |
 MOBNMobimo Holding AG | 0.32% | 0.12% | 0.12% |
 UTGUNITE Group PLC/The | 0.27% | 0.12% | 0.12% |
 CHP-UChoice Properties Real Estate Investment Trust | 0.16% | 0.12% | 0.12% |
 PHPPrimary Health Properties PLC | 0.30% | 0.12% | 0.12% |
 TEGTAG Immobilien AG | 0.30% | 0.12% | 0.12% |
 DIR-UDream Industrial Real Estate Investment Trust | 0.13% | 0.11% | 0.11% |
 SRU-USmartCentres Real Estate Investment Trust | 0.13% | 0.10% | 0.10% |
 DLNDerwent London PLC | 0.24% | 0.10% | 0.10% |
 SHCShaftesbury Capital PLC | 0.32% | 0.10% | 0.10% |
 COLColonial SFL Socimi SA | 0.20% | 0.09% | 0.09% |
 ALATPRUBAroundtown SA | 0.22% | 0.09% | 0.09% |
 WIHLWihlborgs Fastigheter AB | 0.22% | 0.09% | 0.09% |
 HMSOHammerson PLC | 0.22% | 0.09% | 0.09% |
 FCTFrasers Centrepoint Trust | 0.23% | 0.09% | 0.09% |
 ALHEILSAlony Hetz Properties & Investments Ltd | 0.18% | 0.08% | 0.08% |
 BYGBig Yellow Group PLC | 0.22% | 0.08% | 0.08% |
 PNDXBPandox AB | 0.18% | 0.07% | 0.07% |
Frequently Asked Questions
How much do VNQI and SCHC overlap?
VNQI and SCHC overlap by 7.7% of portfolio weight. They share 171 holdings (VNQI holds 710 positions and SCHC holds 2230), based on each fund's latest SEC-reported holdings.
Is it redundant to own both VNQI and SCHC?
The two portfolios are 7.7% 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 VNQI and SCHC?
The largest positions held by both funds are AED, LMP, BBOX, REI-U and GRT-U. Together the top 10 shared positions account for 22% of the total overlap.
What does VNQI own that SCHC doesn't?
539 positions (81.2% of VNQI) are unique to VNQI, led by GMG, 8802 and 8801. In the other direction, 2059 positions (91.5% of SCHC) are unique to SCHC.