Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
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.
| Only in VNQ | Only 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 Vanguard Real Estate Index Fund | VUSB Vanguard Ultra-Short Bond ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Vanguard | Vanguard |
| What it is | US real estate | Ultra-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 ratio | 0.13% | 0.10% |
| Holdings | 146 | 1281 |
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.
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