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

IYW vs VNQ: how they differ

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

iShares U.S. Technology ETF and Vanguard Real Estate Index Fund.

What they hold in common

By the books each fund has filed, IYW and VNQ 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 IYWOnly in VNQ
NVIDIA CORPORATION 16.25%Vanguard Real Estate II Index Fund 14.67%
APPLE INC. 13.65%Welltower Inc 7.86%
ALPHABET INC. 7.84%Prologis Inc 7.02%
ALPHABET INC. 6.34%Equinix Inc 5.66%
MICROSOFT CORPORATION 3.99%American Tower Corp 4.55%
BROADCOM INC. 3.78%Digital Realty Trust Inc 3.67%
ADVANCED MICRO DEVICES, INC. 3.50%Simon Property Group Inc 3.54%
MICRON TECHNOLOGY, INC. 2.98%Realty Income Corp 3.12%

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.

IYW and VNQ on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
IYW
iShares U.S. Technology ETF
VNQ
Vanguard Real Estate Index Fund
Where it sitsCore index fundCore index fund
IssueriSharesVanguard
What it isU.S. TechnologyUS real estate
Total return, 1 year+34.9%+5.6%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500+17.4 pts−11.9 pts
Expense ratio0.37%0.13%
Already in the S&P 50095.5%63.3%
Holdings139146

IYW in plain words

IYW is an index equity fund tracking the U.S. Technology. Over the year to Sep 11, 2026 it returned +34.9% 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 Apr 30, 2026, 96% of the fund by weight is stocks the S&P 500 also holds, across 139 positions, with the top ten at 63.7%.

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, IYW or VNQ?
In the year to Sep 12, 2026, with distributions reinvested, IYW returned +34.9% and VNQ returned +5.6%, so IYW returned more. One year is one year; the longer windows are in the table.
Which is cheaper, IYW or VNQ?
IYW charges 0.37% a year and VNQ charges 0.13%, so VNQ is cheaper. Fees come from each fund's prospectus.
How much do IYW and VNQ overlap with the S&P 500?
By their latest filed holdings, 96% of IYW and 63% of VNQ by weight is stocks the S&P 500 already holds. Between the two funds, 0% of their books are the same securities at the same weight.

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.

IYW against VNQ, 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, IYW against VNQ, data as of Sep 12, 2026. https://etfiq.com/compare/any/IYW-VNQ Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources