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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

VNQ vs VUSB: how they differ

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

Vanguard Real Estate Index Fund and Vanguard Ultra-Short Bond ETF.

What they hold in common

By the books each fund has filed, VNQ and VUSB 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 VNQOnly in VUSB
Vanguard Real Estate II Index Fund 14.67%United States Treasury Bill 4.24%
Welltower Inc 7.86%United States Treasury Note/Bond 0.68%
Prologis Inc 7.02%PNC Financial Services Group Inc/The 0.59%
Equinix Inc 5.66%United States Treasury Note/Bond 0.53%
American Tower Corp 4.55%Regions Bank/Birmingham AL 0.52%
Digital Realty Trust Inc 3.67%US Bancorp 0.51%
Simon Property Group Inc 3.54%Charles Schwab Corp/The 0.50%
Realty Income Corp 3.12%Truist Bank 0.45%

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.

VNQ and VUSB on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
VNQ
Vanguard Real Estate Index Fund
VUSB
Vanguard Ultra-Short Bond ETF
Where it sitsCore index fundCore index fund
IssuerVanguardVanguard
What it isUS real estateUltra-Short Bond
Total return, 1 year+5.6%+3.7%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500−11.9 pts−13.8 pts
Expense ratio0.13%0.10%
Holdings1461281

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.

VUSB in plain words

VUSB is a cash and treasury bills tracking the Ultra-Short Bond. Over the year to Sep 11, 2026 it returned +3.7% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.10% a year.

Questions people ask

Which returned more over the last year, VNQ or VUSB?
In the year to Sep 12, 2026, with distributions reinvested, VNQ returned +5.6% and VUSB returned +3.7%, so VNQ returned more. One year is one year; the longer windows are in the table.
Which is cheaper, VNQ or VUSB?
VNQ charges 0.13% a year and VUSB charges 0.10%, so VUSB 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 VUSB, 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 VUSB, data as of Sep 12, 2026. https://etfiq.com/compare/any/VNQ-VUSB Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources