Which returned more over the last year, VBK or VNQ?

In the year to Sep 12, 2026, with distributions reinvested, VBK returned +13.8% and VNQ returned +5.6%, so VBK returned more. One year is one year; the longer windows are in the table.

Which is cheaper, VBK or VNQ?

VBK charges 0.05% a year and VNQ charges 0.13%, so VBK is cheaper. Fees come from each fund's prospectus.

How much do VBK and VNQ overlap with the S&P 500?

By their latest filed holdings, 10% of VBK 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.

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

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VBK vs VNQ: how they differ

VBK and VNQ hold 4% of their weight in the same names, and VBK returned more over the year.

Vanguard Small-Cap Growth Index Fund and Vanguard Real Estate Index Fund.

What they hold in common

By the books each fund has filed, VBK and VNQ hold 4% of their money in the same securities at the same weight.

Positions VBK and VNQ both hold, largest shared weight first
Holding	VBK	VNQ
Sun Communities Inc	0.42%	0.84%
UDR Inc	0.37%	0.61%
Equity LifeStyle Properties Inc	0.35%	0.62%
American Healthcare REIT Inc	0.31%	0.48%
CareTrust REIT Inc	0.27%	0.47%
Weyerhaeuser Co	0.24%	0.94%
Ryman Hospitality Properties Inc	0.22%	0.34%
Lamar Advertising Co	0.19%	0.63%
Essential Properties Realty Trust Inc	0.18%	0.33%
CoStar Group Inc	0.16%	0.78%
Kite Realty Group Trust	0.16%	0.30%
Zillow Group Inc	0.14%	0.40%

Largest positions each one holds and the other does not
Only in VBK	Only in VNQ
Credo Technology Group Holding Ltd 1.27%	Vanguard Real Estate II Index Fund 14.67%
REVOLUTION Medicines Inc 1.07%	Welltower Inc 7.86%
Astera Labs Inc 1.05%	Prologis Inc 7.02%
Natera Inc 1.04%	Equinix Inc 5.66%
Twilio Inc 0.88%	American Tower Corp 4.55%
Casey's General Stores Inc 0.83%	Digital Realty Trust Inc 3.67%
Carpenter Technology Corp 0.82%	Simon Property Group Inc 3.54%
Curtiss-Wright Corp 0.79%	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.

VBK and VNQ on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
	VBK Vanguard Small-Cap Growth Index Fund	VNQ Vanguard Real Estate Index Fund
Where it sits	Core index fund	Core index fund
Issuer	Vanguard	Vanguard
What it is	Small-Cap Growth	US real estate
Total return, 1 year	+13.8%	+5.6%
S&P 500 over the same days	+17.5%	+17.5%
Gap to the S&P 500	−3.7 pts	−11.9 pts
Expense ratio	0.05%	0.13%
Already in the S&P 500	10.2%	63.3%
Holdings	545	146

VBK in plain words

VBK is an index equity fund tracking the Small-Cap Growth. Over the year to Sep 11, 2026 it returned +13.8% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.05% a year. By its holdings filed for Jun 30, 2026, 10% of the fund by weight is stocks the S&P 500 also holds, across 545 positions, with the top ten at 9.3%. It sat 7.0% below its high of Aug 17, 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, VBK or VNQ?: In the year to Sep 12, 2026, with distributions reinvested, VBK returned +13.8% and VNQ returned +5.6%, so VBK returned more. One year is one year; the longer windows are in the table.
Which is cheaper, VBK or VNQ?: VBK charges 0.05% a year and VNQ charges 0.13%, so VBK is cheaper. Fees come from each fund's prospectus.
How much do VBK and VNQ overlap with the S&P 500?: By their latest filed holdings, 10% of VBK 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.

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

A comparison is not a recommendation. Standards and sources