Get the weekly note

Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

IYR vs VGSH: how they differ

IYR and VGSH hold 0% of their weight in the same names, and IYR returned more over the year.

iShares U.S. Real Estate ETF and Vanguard Short-Term Treasury Index Fund.

What they hold in common

By the books each fund has filed, IYR and VGSH hold 0% of their money in the same securities at the same weight.

Largest positions each one holds and the other does not
Only in IYROnly in VGSH
WELLTOWER INC. 10.88%United States Treasury Note/Bond 2.26%
PROLOGIS, INC. 8.77%United States Treasury Note/Bond 1.41%
SIMON PROPERTY GROUP, INC. 4.79%United States Treasury Note/Bond 1.36%
EQUINIX, INC. 4.58%United States Treasury Note/Bond 1.32%
DIGITAL REALTY TRUST, INC. 4.41%United States Treasury Note/Bond 1.31%
REALTY INCOME CORPORATION 4.29%United States Treasury Note/Bond 1.30%
AMERICAN TOWER CORPORATION 3.88%United States Treasury Note/Bond 1.27%
PUBLIC STORAGE. 3.74%United States Treasury Note/Bond 1.27%

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 Jun 30, 2026 and May 31, 2026.

IYR and VGSH on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
IYR
iShares U.S. Real Estate ETF
VGSH
Vanguard Short-Term Treasury Index Fund
Where it sitsCore index fundCore index fund
IssueriSharesVanguard
What it isU.S. Real EstateShort-Term Treasury
Total return, 1 year+4.7%+1.8%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500−12.8 pts−15.7 pts
Expense ratio0.37%0.03%
Holdings6191

IYR in plain words

IYR is an index equity fund tracking the U.S. Real Estate. Over the year to Sep 11, 2026 it returned +4.7% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.37% a year. By its holdings filed for Jun 30, 2026, 80% of the fund by weight is stocks the S&P 500 also holds, across 61 positions, with the top ten at 51.5%. It sat 6.1% below its high of Jul 28, 2026 on Sep 11, 2026.

VGSH in plain words

VGSH is a bond fund tracking the Short-Term Treasury. Over the year to Sep 11, 2026 it returned +1.8% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.03% a year.

Questions people ask

Which returned more over the last year, IYR or VGSH?
In the year to Sep 12, 2026, with distributions reinvested, IYR returned +4.7% and VGSH returned +1.8%, so IYR returned more. One year is one year; the longer windows are in the table.
Which is cheaper, IYR or VGSH?
IYR charges 0.37% a year and VGSH charges 0.03%, so VGSH is cheaper. Fees come from each fund's prospectus.

Other comparisons

Where to next

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.

IYR against VGSH, ETFIQ, data as of Sep 12, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, IYR against VGSH, data as of Sep 12, 2026. https://etfiq.com/compare/any/IYR-VGSH Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources