Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
ACWI vs VNQ: how they differ
ACWI and VNQ hold 1% of their weight in the same names, and ACWI returned more over the year.
iShares MSCI ACWI ETF and Vanguard Real Estate Index Fund.
What they hold in common
By the books each fund has filed, ACWI and VNQ hold 1% of their money in the same securities at the same weight.
| Holding | ACWI | VNQ |
|---|---|---|
| WELLTOWER INC. | 0.15% | 7.86% |
| PROLOGIS, INC. | 0.13% | 7.02% |
| EQUINIX, INC. | 0.11% | 5.66% |
| AMERICAN TOWER CORPORATION | 0.09% | 4.55% |
| DIGITAL REALTY TRUST, INC. | 0.07% | 3.67% |
| SIMON PROPERTY GROUP, INC. | 0.07% | 3.54% |
| REALTY INCOME CORPORATION | 0.06% | 3.12% |
| PUBLIC STORAGE. | 0.05% | 2.54% |
| CBRE GROUP, INC. | 0.04% | 2.26% |
| VENTAS, INC. | 0.04% | 2.20% |
| IRON MOUNTAIN INCORPORATED | 0.04% | 1.98% |
| CROWN CASTLE INC. | 0.04% | 2.06% |
| Only in ACWI | Only in VNQ |
|---|---|
| NVIDIA CORPORATION 4.89% | Vanguard Real Estate II Index Fund 14.67% |
| APPLE INC. 4.02% | Jones Lang LaSalle Inc 0.80% |
| MICROSOFT CORPORATION 2.90% | Host Hotels & Resorts Inc 0.77% |
| AMAZON.COM, INC. 2.58% | Omega Healthcare Investors Inc 0.74% |
| ALPHABET INC. 2.26% | Lamar Advertising Co 0.63% |
| BROADCOM INC. 1.90% | Equity LifeStyle Properties Inc 0.62% |
| ALPHABET INC. 1.87% | Camden Property Trust 0.59% |
| Taiwan Semiconductor Manufacturing Compa 1.73% | EastGroup Properties Inc 0.57% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Apr 30, 2026.
| ACWI iShares MSCI ACWI ETF | VNQ Vanguard Real Estate Index Fund | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | Vanguard |
| What it is | MSCI ACWI | US real estate |
| Total return, 1 year | +19.1% | +5.6% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +1.6 pts | −11.9 pts |
| Expense ratio | 0.32% | 0.13% |
| Already in the S&P 500 | 61.4% | 63.3% |
| Holdings | 2307 | 146 |
ACWI in plain words
ACWI is an index equity fund tracking the MSCI ACWI. Over the year to Sep 11, 2026 it returned +19.1% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.32% a year. By its holdings filed for Apr 30, 2026, 61% of the fund by weight is stocks the S&P 500 also holds, across 2307 positions, with the top ten at 24.6%.
VNQ in plain words
VNQ is an index equity fund tracking the US real estate. Over the year to Sep 11, 2026 it returned +5.6% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.13% a year. By its holdings filed for Apr 30, 2026, 63% of the fund by weight is stocks the S&P 500 also holds, across 146 positions, with the top ten at 54.9%. It sat 6.1% below its high of Jul 28, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, ACWI or VNQ?
- In the year to Sep 12, 2026, with distributions reinvested, ACWI returned +19.1% and VNQ returned +5.6%, so ACWI returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, ACWI or VNQ?
- ACWI charges 0.32% a year and VNQ charges 0.13%, so VNQ is cheaper. Fees come from each fund's prospectus.
- How much do ACWI and VNQ overlap with the S&P 500?
- By their latest filed holdings, 61% of ACWI and 63% of VNQ by weight is stocks the S&P 500 already holds. Between the two funds, 1% of their books are the same securities at the same weight.
Other comparisons
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Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, ACWI against VNQ, data as of Sep 12, 2026. https://etfiq.com/compare/any/ACWI-VNQ Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources