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About Vanguard Real Estate ETF
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Inception date
Sep 23, 2004
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
The Vanguard Group, Inc.
Distributor
Vanguard Marketing Corp.
VNQ tracks a broad index that captures much of the US real estate market. The fund holds a deep basket and its market-cap allocations mirror those of our neutral benchmark. The only place it deviates is the persistent sector bias away from specialized REITs in favor of commercial REITs. As a result of excellent portfolio management, at times, the cost of owning VNQ has even been lower than its stated expense ratio. The only blemish we see is the fact that Vanguard discloses holdings monthly rather than daily. However, this is a nuisance at most in a low-turnover fund, and immaterial to many investors. As with peer REIT ETFs, distributions from the fund are taxed as ordinary income. Prior to February 1, 2018 the fund tracked the MSCI US REIT Index. During the period of February 1 to July 24, 2018, the fund tracked the MSCI US Investable Market Real Estate 25/50 Transition Index. Effective July 25, 2018 the fund tracked the MSCI Investable Market Real Estate 25/50 Index.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Mutual fund
Stocks85.08%
Finance82.10%
Technology Services2.91%
Commercial Services0.07%
Bonds, Cash & Other14.92%
Mutual fund14.28%
Cash0.64%
Miscellaneous0.00%
Stock breakdown by region
North America99.87%
Europe0.13%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
VNQ invests in stocks. The fund's major sectors are Finance, with 82.10% stocks, and Technology Services, with 2.91% of the basket. The assets are mostly located in the North America region.
VNQ top holdings are Vanguard Real Estate II Index Fund Institutional Plus Shares and American Tower Corporation, occupying 14.28% and 6.25% of the portfolio correspondingly.
VNQ last dividends amounted to 0.93 USD. The quarter before, the issuer paid 0.86 USD in dividends, which shows a 8.20% increase.
VNQ assets under management is 32.72 B USD. It's risen 1.02% over the last month.
VNQ fund flows account for −755.82 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, VNQ pays dividends to its holders with the dividend yield of 4.10%. The last dividend (Mar 27, 2025) amounted to 0.93 USD. The dividends are paid quarterly.
VNQ shares are issued by The Vanguard Group, Inc. under the brand Vanguard. The ETF was launched on Sep 23, 2004, and its management style is Passive.
VNQ expense ratio is 0.13% meaning you'd have to pay 0.13% of your investment to help manage the fund.
VNQ follows the MSCI US IMI/Real Estate 25-50. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
VNQ invests in stocks.
VNQ price has risen by 1.83% over the last month, and its yearly performance shows a 7.62% increase. See more dynamics on VNQ price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.04% over the last month, showed a −3.96% decrease in three-month performance and has increased by 12.62% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 1.04% over the last month, showed a −3.96% decrease in three-month performance and has increased by 12.62% in a year.
VNQ trades at a premium (0.02%) meaning the ETF is trading at a higher price than the calculated NAV.