Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
SDY vs VNQ: how they differ
SDY and VNQ hold 4% of their weight in the same names, and SDY returned more over the year.
State Street(R) SPDR(R) S&P(R) Dividend ETF and Vanguard Real Estate Index Fund.
What they hold in common
By the books each fund has filed, SDY and VNQ hold 4% of their money in the same securities at the same weight.
| Holding | SDY | VNQ |
|---|---|---|
| Realty Income Corp | 2.14% | 3.12% |
| Essex Property Trust Inc | 0.87% | 0.90% |
| Equity LifeStyle Properties Inc | 0.58% | 0.62% |
| Federal Realty Investment Trust | 0.45% | 0.48% |
| NNN REIT Inc | 0.40% | 0.44% |
| Only in SDY | Only in VNQ |
|---|---|
| Verizon Communications Inc 2.15% | Vanguard Real Estate II Index Fund 14.67% |
| Kenvue Inc 1.76% | Welltower Inc 7.86% |
| Kimberly-Clark Corp 1.75% | Prologis Inc 7.02% |
| AbbVie Inc 1.63% | Equinix Inc 5.66% |
| QUALCOMM Inc 1.57% | American Tower Corp 4.55% |
| Texas Instruments Inc 1.56% | Digital Realty Trust Inc 3.67% |
| Target Corp 1.55% | Simon Property Group Inc 3.54% |
| Automatic Data Processing Inc 1.54% | Public Storage 2.54% |
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.
| SDY State Street(R) SPDR(R) S&P(R) Dividend ETF | VNQ Vanguard Real Estate Index Fund | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | State Street | Vanguard |
| What it is | SPDR S&P Dividend | US real estate |
| Total return, 1 year | +11.0% | +5.6% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −6.5 pts | −11.9 pts |
| Expense ratio | 0.35% | 0.13% |
| Already in the S&P 500 | 84.6% | 63.3% |
| Holdings | 155 | 146 |
SDY in plain words
SDY is an index equity fund tracking the SPDR S&P Dividend. Over the year to Sep 11, 2026 it returned +11.0% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.35% a year. By its holdings filed for Jun 30, 2026, 85% of the fund by weight is stocks the S&P 500 also holds, across 155 positions, with the top ten at 17.1%. It sat 3.9% below its high of Aug 24, 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, SDY or VNQ?
- In the year to Sep 12, 2026, with distributions reinvested, SDY returned +11.0% and VNQ returned +5.6%, so SDY returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, SDY or VNQ?
- SDY charges 0.35% a year and VNQ charges 0.13%, so VNQ is cheaper. Fees come from each fund's prospectus.
- How much do SDY and VNQ overlap with the S&P 500?
- By their latest filed holdings, 85% of SDY and 63% of VNQ by weight is stocks the S&P 500 already holds. Between the two funds, 4% 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.
Cite this page. ETFIQ, SDY against VNQ, data as of Sep 12, 2026. https://etfiq.com/compare/any/SDY-VNQ Free to use with attribution; the underlying files are at Open data.
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