Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
VLUE vs VNQ: how they differ
VLUE and VNQ hold 2% of their weight in the same names, and VLUE returned more over the year.
iShares MSCI USA Value Factor ETF and Vanguard Real Estate Index Fund.
What they hold in common
By the books each fund has filed, VLUE and VNQ hold 2% of their money in the same securities at the same weight.
| Holding | VLUE | VNQ |
|---|---|---|
| SIMON PROPERTY GROUP, INC. | 0.62% | 3.54% |
| REALTY INCOME CORPORATION | 0.36% | 3.12% |
| W.P. CAREY INC. | 0.25% | 0.85% |
| VICI PROPERTIES INC. | 0.20% | 1.58% |
| MID-AMERICA APARTMENT COMMUNITIES, INC. | 0.13% | 0.81% |
| Gaming and Leisure Properties, Inc. | 0.10% | 0.73% |
| Only in VLUE | Only in VNQ |
|---|---|
| MICRON TECHNOLOGY, INC. 11.63% | Vanguard Real Estate II Index Fund 14.67% |
| INTEL CORPORATION 9.29% | Welltower Inc 7.86% |
| CISCO SYSTEMS, INC. 4.97% | Prologis Inc 7.02% |
| APPLIED MATERIALS, INC. 3.67% | Equinix Inc 5.66% |
| GENERAL MOTORS COMPANY 3.16% | American Tower Corp 4.55% |
| VERIZON COMMUNICATIONS INC. 2.66% | Digital Realty Trust Inc 3.67% |
| AT&T INC. 2.53% | Public Storage 2.54% |
| CITIGROUP INC. 1.94% | CBRE Group Inc 2.26% |
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.
| VLUE iShares MSCI USA Value Factor ETF | VNQ Vanguard Real Estate Index Fund | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | Vanguard |
| What it is | MSCI USA Value Factor | US real estate |
| Total return, 1 year | +69.4% | +5.6% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +51.9 pts | −11.9 pts |
| Expense ratio | 0.15% | 0.13% |
| Already in the S&P 500 | 96.9% | 63.3% |
| Holdings | 148 | 146 |
VLUE in plain words
VLUE is an index equity fund tracking the MSCI USA Value Factor. Over the year to Sep 11, 2026 it returned +69.4% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.15% a year. By its holdings filed for Apr 30, 2026, 97% of the fund by weight is stocks the S&P 500 also holds, across 148 positions, with the top ten at 43.6%.
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, VLUE or VNQ?
- In the year to Sep 12, 2026, with distributions reinvested, VLUE returned +69.4% and VNQ returned +5.6%, so VLUE returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, VLUE or VNQ?
- VLUE charges 0.15% a year and VNQ charges 0.13%, so VNQ is cheaper. Fees come from each fund's prospectus.
- How much do VLUE and VNQ overlap with the S&P 500?
- By their latest filed holdings, 97% of VLUE and 63% of VNQ by weight is stocks the S&P 500 already holds. Between the two funds, 2% 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.
Cite this page. ETFIQ, VLUE against VNQ, data as of Sep 12, 2026. https://etfiq.com/compare/any/VLUE-VNQ Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources