VNQI vs VPL: Holdings Overlap
VNQIVanguard Global Ex-u.s. Real Estate Index Fund
Vanguard · 710 holdings · $3.6B · as of 2026-04-30
VPLVanguard Pacific Stock Index Fund
Vanguard · 2334 holdings · $8.4B · as of 2026-04-30
How similar are VNQI and VPL?
Vanguard Global Ex-u.s. Real Estate Index Fund (VNQI, by Vanguard) holds 710 positions; Vanguard Pacific Stock Index Fund (VPL, by Vanguard) holds 2334. They have 162 holdings in common, and by portfolio weight the two funds are 4.1% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 4.1%Sum of the smaller weight of each shared holding
- Shared Holdings
- 162VNQI holds 710 · VPL holds 2334
- Weight in Shared Holdings
- VNQI 48%·VPL 4%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
548 of 710 positions (51.4% of the fund) are not held by VPL. Showing the top 30 by weight.
Only in VPL
2172 of 2334 positions (94.9% of the fund) are not held by VNQI. Showing the top 30 by weight.
Sector Breakdown
| Sector | VNQI | VPL |
|---|---|---|
| Real Estate | 64.7% | 3.6% |
| Information Technology | 0.0% | 18.7% |
| Financials | 0.0% | 16.1% |
| Industrials | 0.0% | 13.1% |
| Consumer Discretionary | 0.0% | 6.8% |
| Other Sectors | 0.0% | 15.8% |
| Unclassified | 34.3% | 25.0% |
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. “Unclassified” is weight we could not classify (35% of VNQI, 25% of VPL).
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% |
| VPL | +1.3% | +25.8% | +38.9% | +21.1% | +10.0% | +9.9% | 2.66% |
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 VNQI vs VPL →
Shared Holdings(162)
The top 10 shared positions account for 44% of the overlap, led by GMG, 8802 and 8801.
 GMGGoodman Group | 4.01% | 0.36% | 0.36% |
|---|---|---|---|
 8802Mitsubishi Estate Co Ltd | 3.14% | 0.26% | 0.26% |
 8801Mitsui Fudosan Co. Ltd. | 2.76% | 0.24% | 0.24% |
 16Sun Hung Kai Properties Ltd. | 2.44% | 0.21% | 0.21% |
 8830Sumitomo Realty & Development Co. Ltd. | 2.63% | 0.17% | 0.17% |
 1925Daiwa House Industry Co Ltd | 1.68% | 0.15% | 0.15% |
 SCGScentre Group | 1.27% | 0.12% | 0.12% |
 823Link REIT | 1.19% | 0.11% | 0.11% |
 1113CK Asset Holdings Ltd | 1.12% | 0.10% | 0.10% |
 CICTCapitaLand Integrated Commercial Trust | 0.98% | 0.09% | 0.09% |
 CLARCapitaLand Ascendas REIT | 0.75% | 0.07% | 0.07% |
 HKLHongkong Land Holdings Ltd | 0.71% | 0.07% | 0.07% |
 SGPStockland | 0.64% | 0.06% | 0.06% |
 VCXVicinity Ltd | 0.64% | 0.06% | 0.06% |
 CHCCharter Hall Group | 0.63% | 0.06% | 0.06% |
 8951Nippon Building Fund Inc | 0.67% | 0.06% | 0.06% |
 GPTGPT Group/The | 0.60% | 0.06% | 0.06% |
 1878Daito Trust Construction Co Ltd | 0.63% | 0.05% | 0.05% |
 83Sino Land Co Ltd | 0.55% | 0.05% | 0.05% |
 3003Hulic Co Ltd | 0.69% | 0.05% | 0.05% |
 12Henderson Land Development Co Ltd | 0.49% | 0.04% | 0.04% |
 8952Japan Real Estate Investment Corp | 0.49% | 0.04% | 0.04% |
 8953Japan Metropolitan Fund Invest | 0.48% | 0.04% | 0.04% |
 3289Tokyu Fudosan Holdings Corp | 0.46% | 0.04% | 0.04% |
 MGRMirvac Group | 0.44% | 0.04% | 0.04% |
Frequently Asked Questions
How much do VNQI and VPL overlap?
VNQI and VPL overlap by 4.1% of portfolio weight. They share 162 holdings (VNQI holds 710 positions and VPL holds 2334), based on each fund's latest SEC-reported holdings.
Is it redundant to own both VNQI and VPL?
The two portfolios are 4.1% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of VNQI and VPL?
The largest positions held by both funds are GMG, 8802, 8801, 16 and 8830. Together the top 10 shared positions account for 44% of the total overlap.
What does VNQI own that VPL doesn't?
548 positions (51.4% of VNQI) are unique to VNQI, led by VNA, EMAARAED and URW. In the other direction, 2172 positions (94.9% of VPL) are unique to VPL.