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

In the year to Oct 28, 2026, with distributions reinvested, ACWI returned +13.4% and VNQ +4.8%.

Which is cheaper, ACWI or VNQ?

VNQ is cheaper, by 0.19 percentage points a year. That is about $19 on $10,000 held for a year. Fees come from each fund's prospectus.

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

By their latest filed holdings, 61% of ACWI and 63% of VNQ by weight is stocks the S&P 500 already holds.

Data as of Oct 28, 2026.

Across categories

ACWI vs VNQ: Differences, Returns & Fees

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Over the year to Oct 28, 2026, ACWI returned +13.4% to VNQ's +4.8%; 1% of their weight is in the same names.

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Net assets: $33.0bn on Oct 28, 2026 for iShares MSCI ACWI ETF, and $35.9bn on Sep 30, 2026 for Vanguard Real Estate ETF.

ACWI on its own →VNQ on its own →

At a glance

+13.4%

ACWI total return, 1 year

+4.8%

VNQ total return, 1 year

0.32%

ACWI expense ratio

0.13%

VNQ expense ratio

Pair scorecard

VNQ costs 0.19 points a year less; their one-year returns differ by 8.6 points; VNQ is 1.1 times larger.

ACWI vs VNQ: Differences, Returns & Fees
Measure	ACWI	VNQ
Return
Measure	ACWI	VNQ
Total return, 1 year	+13.4%	+4.8%
Drawdown
Measure	ACWI	VNQ
Below its high		8.3%, high on Jul 28, 2026
Benchmark
Measure	ACWI	VNQ
What it tracks	MSCI ACWI	MSCI US Investable Market Real Estate 25/50 Index
Cost and size
Measure	ACWI	VNQ
Expense ratio	0.32%	0.13%
Net assets, as of Sep 30, 2026	$32.8bn	$35.9bn
Holdings
Measure	ACWI	VNQ
Holdings in common	1%
Top ten holdings, share of the fund	24.9%	55.8%

Holdings in common uses holdings dated Sep 30, 2026 and Oct 27, 2026. Method

What they share

By the books each fund has filed, ACWI and VNQ hold 1% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026 and Oct 27, 2026.

50%

0 half 100%

half

1% in common

Positions both hold · largest shared weight first ACWI VNQ

WELLTOWER 0.16% 9.12%

PROLOGIS REIT 0.11% 6.86%

EQUINIX REIT 0.10% 5.65%

AMERICAN TOWER REIT 0.08% 4.32%

SIMON PROPERTY GROUP REIT INC 0.07% 3.69%

DIGITAL REALTY TRUST REIT 0.06% 3.68%

COMPASS GROUP PLC 0.05% 0.35%

PUBLIC STORAGE REIT 0.05% 2.69%

REALTY INCOME REIT 0.05% 2.85%

CBRE GROUP CLASS A 0.04% 2.13%

CROWN CASTLE INC 0.04% 1.65%

VENTAS REIT 0.04% 2.34%

Only in one fund ↓

Only in ACWI

APPLE 4.97%

NVIDIA 4.89%

MICROSOFT 3.66%

AMAZON.COM INC 2.39%

ALPHABET CLASS A 1.83%

TAIWAN SEMICONDUCTOR MANUFACTURING 1.77%

BROADCOM INC 1.51%

ALPHABET CLASS C 1.44%

Only in VNQ

Vanguard Real Estate II Index Fund 14.51%

Host Hotels & Resorts Inc 0.87%

Jones Lang LaSalle Inc 0.80%

Omega Healthcare Investors Inc 0.78%

Healthpeak Properties Inc 0.78%

Lamar Advertising Co 0.70%

CoStar Group Inc 0.63%

Equity LifeStyle Properties Inc 0.61%

Check overlap with more funds →

Side by side

ACWI iShares MSCI ACWI ETF VNQ Vanguard Real Estate ETF

Where it sits Stock ETF Stock ETF

Issuer iShares Vanguard

What it is Tracks the MSCI ACWI Tracks an index of US real estate

Total return, 1 year +13.4% +4.8%

Expense ratio 0.32% 0.13%

Already in the S&P 500 60.9% 62.8%

Holdings 2197 141

Net assets, ACWI as of Oct 28, 2026 and VNQ as of Sep 30, 2026 $33.0bn $35.9bn

ACWI and VNQ on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Alert

About each fund

ACWI

ACWI tracks the MSCI ACWI. Over the year to Oct 28, 2026 it returned +13.4% with distributions reinvested. The prospectus expense ratio is 0.32% a year. By its holdings published by its issuer for Oct 27, 2026, 61% of the fund by weight is stocks the S&P 500 also holds, across 2,197 positions, with the top ten at 24.9%.

VNQ

VNQ tracks an index of US real estate. Over the year to Oct 28, 2026 it returned +4.8% with distributions reinvested. The prospectus expense ratio is 0.13% a year. By its holdings published by its issuer as of Sep 30, 2026, 63% of the fund by weight is stocks the S&P 500 also holds, across 141 positions, with the top ten at 55.8%. It sat 8.3% below its high of Jul 28, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, ACWI or VNQ?: In the year to Oct 28, 2026, with distributions reinvested, ACWI returned +13.4% and VNQ +4.8%.
Which is cheaper, ACWI or VNQ?: VNQ is cheaper, by 0.19 percentage points a year. That is about $19 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do ACWI and VNQ overlap with the S&P 500?: By their latest filed holdings, 61% of ACWI and 63% of VNQ by weight is stocks the S&P 500 already holds.

Other comparisons

ACWI vs SCHH ACWI vs IYR ACWI vs XLRE ACWI vs XLI VNQ vs VT URTH vs VNQ IDEV vs VNQ VGK vs VNQ

Where to next

ACWI on its own →VNQ on its own →Hold both: look the portfolio through →Rankings →ACWI dividend history →ACWI holdings →VNQ dividend history →VNQ holdings →Standards and sources →

Sources and dates

ACWI filings on SEC EDGAR ↗

ACWI prospectus with the expense ratio (SEC) ↗

iShares page for ACWI ↗

VNQ filings on SEC EDGAR ↗

VNQ prospectus with the expense ratio (SEC) ↗

Vanguard page for VNQ ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Cite this pageCitation, APA and Markdown

ETFIQ, ACWI against VNQ, data as of Oct 28, 2026. https://etfiq.com/compare/any/acwi-vs-vnq

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.