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

ETFIQetfiq.com · independent ETF data

PFF vs VNQ: how they differ

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

iShares Preferred and Income Securities ETF and Vanguard Real Estate Index Fund.

What they hold in common

By the books each fund has filed, PFF 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 PFFOnly in VNQ
BOEING COMPANY (THE) 3.99%Vanguard Real Estate II Index Fund 14.67%
STRATEGY INC 2.99%Welltower Inc 7.86%
WELLS FARGO & COMPANY 2.37%Prologis Inc 7.02%
ORACLE CORP 2.31%Equinix Inc 5.66%
HEWLETT PACKARD ENTERPRISE COMPANY 1.79%American Tower Corp 4.55%
BANK OF AMERICA CORP 1.47%Digital Realty Trust Inc 3.67%
CITIGROUP CAPITAL XIII 1.33%Simon Property Group Inc 3.54%
ALBEMARLE CORP 1.31%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 and Jun 30, 2026.

PFF and VNQ on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
PFF
iShares Preferred and Income Securities ETF
VNQ
Vanguard Real Estate Index Fund
Where it sitsCore index fundCore index fund
IssueriSharesVanguard
What it isPreferred and Income SecuritiesUS real estate
Total return, 1 year−0.8%+5.6%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500−18.3 pts−11.9 pts
Expense ratio0.45%0.13%
Already in the S&P 50021.6%63.3%
Holdings455146

PFF in plain words

PFF is an index equity fund tracking the Preferred and Income Securities. Over the year to Sep 11, 2026 it returned −0.8% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.45% a year. By its holdings filed for Jun 30, 2026, 22% of the fund by weight is stocks the S&P 500 also holds, across 455 positions, with the top ten at 19.9%. It sat 3.2% below its high of May 8, 2026 on Sep 11, 2026.

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, PFF or VNQ?
In the year to Sep 12, 2026, with distributions reinvested, PFF returned −0.8% and VNQ returned +5.6%, so VNQ returned more. One year is one year; the longer windows are in the table.
Which is cheaper, PFF or VNQ?
PFF charges 0.45% a year and VNQ charges 0.13%, so VNQ is cheaper. Fees come from each fund's prospectus.
How much do PFF and VNQ overlap with the S&P 500?
By their latest filed holdings, 22% of PFF 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.

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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.

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

A comparison is not a recommendation. Standards and sources