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

In the year to Sep 12, 2026, with distributions reinvested, VNQ returned +5.6% and VTEB returned +0.2%, so VNQ returned more. One year is one year; the longer windows are in the table.

Which is cheaper, VNQ or VTEB?

VNQ charges 0.13% a year and VTEB charges 0.03%, so VTEB is cheaper. Fees come from each fund's prospectus.

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

ETFIQetfiq.com · independent ETF data

VNQ vs VTEB: how they differ

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

Vanguard Real Estate Index Fund and Vanguard Tax-Exempt Bond Index Fund.

What they hold in common

By the books each fund has filed, VNQ and VTEB 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 VNQ	Only in VTEB
Vanguard Real Estate II Index Fund 14.67%	University of California 0.12%
Welltower Inc 7.86%	Triborough Bridge & Tunnel Authority 0.12%
Prologis Inc 7.02%	Colorado State Education Loan Program 0.11%
Equinix Inc 5.66%	State of California 0.11%
American Tower Corp 4.55%	New York City Transitional Finance Autho 0.09%
Digital Realty Trust Inc 3.67%	Dallas Independent School District 0.09%
Simon Property Group Inc 3.54%	New York State Dormitory Authority 0.09%
Realty Income Corp 3.12%	Ohio Water Development Authority Water P 0.09%

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.

VNQ and VTEB on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
	VNQ Vanguard Real Estate Index Fund	VTEB Vanguard Tax-Exempt Bond Index Fund
Where it sits	Core index fund	Core index fund
Issuer	Vanguard	Vanguard
What it is	US real estate	Tax-Exempt Bond
Total return, 1 year	+5.6%	+0.2%
S&P 500 over the same days	+17.5%	+17.5%
Gap to the S&P 500	−11.9 pts	−17.3 pts
Expense ratio	0.13%	0.03%
Holdings	146	10185

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.

VTEB in plain words

VTEB is a bond fund tracking the Tax-Exempt Bond. Over the year to Sep 11, 2026 it returned +0.2% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.03% a year. It sat 3.6% below its high of Jul 6, 2026 on Sep 11, 2026.

Questions people ask

Which returned more over the last year, VNQ or VTEB?: In the year to Sep 12, 2026, with distributions reinvested, VNQ returned +5.6% and VTEB returned +0.2%, so VNQ returned more. One year is one year; the longer windows are in the table.
Which is cheaper, VNQ or VTEB?: VNQ charges 0.13% a year and VTEB charges 0.03%, so VTEB is cheaper. Fees come from each fund's prospectus.

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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.

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

A comparison is not a recommendation. Standards and sources