ATLASVanguard Real Estate ETF (VNQ): outlook, holdings and fees
Vanguard Real Estate ETF (VNQ) is an exchange-traded fund and is managed by Vanguard. The expense ratio is 0.12% and the yield is 3.99%. The ten largest holdings are 54% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on VNQ
| Last price | $94.77 (+0.9%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 55% |
| Likely 1-month range (50%) | $92.53 – $97.98 |
| Normal 1-day range (±1σ) | ±1.0% |
| Distribution yield | 3.99% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
VNQ fund facts
| Issuer | Vanguard |
|---|---|
| Theme | Real estate |
| Assets under management | $36.5B |
| Expense ratio | 0.12% |
| Number of holdings | 143 |
| Portfolio turnover | 9% |
| Inception | Sep 23, 2004 |
| Exchange | NYSE |
The fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the stocks that make up the Target Index. The advisor attempts to track the index by investing all, or substantially all, of its assets-either directly or indirectly through a wholly owned subsidiary. The fund is non-diversified.
VNQ top holdings
| Holding | Sector | Weight |
|---|---|---|
| Vanguard REIT II Index Fund Institutional Plus Shares VRTPX | – | 14.41% |
| Welltower Inc WELL | Real Estate | 8.16% |
| Prologis Inc PLD | Real Estate | 6.39% |
| Equinix Inc EQIX | Real Estate | 5.57% |
| American Tower Corp AMT | Real Estate | 3.96% |
| Simon Property Group Inc SPG | Real Estate | 3.68% |
| Digital Realty Trust Inc DLR | Real Estate | 3.42% |
| Realty Income Corporation O | Real Estate | 3.10% |
| Public Storage PSA | Real Estate | 2.71% |
| Ventas Inc VTR | Real Estate | 2.34% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
VNQ sector breakdown
| Sector | Weight |
|---|---|
| Real Estate | 99.4% |
| Communication Services | 0.4% |
| Energy | 0.2% |
By region: North America 100.0%.
VNQ returns and risk
| Year to date | +5.4% |
|---|---|
| 1 year | +5.1% |
| 3 years (annualised) | +10.5% |
| 5 years (annualised) | +1.4% |
| 10 years (annualised) | +5.0% |
| Volatility (3 years) | 16.9% |
| Sharpe ratio (3 years) | 0.40 |
Past returns do not guarantee future results.
VNQ: frequently asked questions
What does VNQ invest in?
Vanguard Real Estate ETF invests in a portfolio of securities. Its largest holdings are Vanguard REIT II Index Fund Institutional Plus Shares (14.4%), Welltower Inc (8.2%), Prologis Inc (6.4%), Equinix Inc (5.6%), American Tower Corp (4.0%).
What is the VNQ expense ratio?
0.12% a year: about $12.00 for every $10,000 invested.
What is the VNQ dividend yield?
3.99%. ATLAS does not hold the exact distribution dates for ETFs.
Will VNQ go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 55%, with a likely range (50%) of $92.53 to $97.98 from $94.77 today. It is a probability, not a prediction.
How has VNQ performed?
Year to date +5.4%, one year +5.1%, three years +10.5% a year, five years +1.4% a year. Past returns do not guarantee future results.
Similar ETFs: Real estate
- Schwab U.S. REIT ETF (SCHH)
- State Street Real Estate Select Sector SPDR ETF (XLRE)
- iShares Global REIT ETF (REET)
- iShares Core U.S. REIT ETF (USRT)
- iShares U.S. Real Estate ETF (IYR)
- Dimensional Global Real Estate ETF (DFGR)
- Vanguard Global ex-U.S. Real Estate ETF (VNQI)
- Global X Data Center REITs & Digital Infrastructure ETF (VPN)
Educational information, not investment advice. Disclaimer