VNQ — Vanguard Real Estate Index Fund ETF Shares

Overview

The Vanguard Real Estate Index Fund ETF Shares (VNQ) operates within the Real Estate category, which ETFValuer currently tracks with a total of three funds. Issued by Vanguard, this fund has accumulated assets under management of $71.3 billion and trades at a price of $96.80. It holds an overall rank of #85 out of 120 tracked ETFs across all categories and has received an ETFValuer grade of C with a score of 56.9 out of 100. The fund charges an expense ratio of 0.13% while offering a dividend yield of 3.39%. The substantial asset size and price point suggest significant investor adoption relative to the limited number of peers in its specific category. This combination of low cost and high yield positions the fund as a major player despite its mid-tier overall ranking.

Over the last day, the fund declined by 1.63% before recovering with a 0.38% gain over the week and a 0.89% increase over the month. The three-month return accelerated to 7.92%, followed by a 6-month return of 11.25% and a year-to-date gain of 11.50%. The one-year return stands at 12.66%, while the three-year cumulative return reaches 26.32%. This pattern indicates a general upward trajectory over longer horizons despite the recent single-day pullback. The data shows a consistent acceleration from the one-month period through the one-year mark, with the three-year figure reflecting sustained growth over the full period.

The fund carries a Low volatility label and a Beta of 1.00, indicating that its price movements generally align with the broader market's magnitude. A Sharpe ratio of 0.55 suggests the fund has generated moderate risk-adjusted returns relative to the risk taken. The maximum drawdown recorded is -17.45%, representing the largest peak-to-trough decline observed during the measurement period. This combination of metrics implies that while the fund moves in tandem with the market, it has experienced significant temporary losses during downturns. The low volatility classification contrasts with the substantial drawdown, suggesting that while daily fluctuations may be contained, the fund remains exposed to meaningful downside events.

AI-generated summary based on the data on this page.

VNQ Top Holdings

Holdings as of 2026-04-30 per the fund's most recent SEC N-PORT-P filing.

Market Backdrop

10-Year Treasury Yield: 4.55% (as of 2026-07-07) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.

CBOE Volatility Index (VIX): 16.13 (as of 2026-07-07) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.

Federal Funds Rate: 3.63% (as of 2026-06-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

VNQ Performance History

How VNQ Compares to Other Real Estate ETFs