Data as of Oct 28, 2026.
EWY vs VNQ: Differences, Returns & Fees
Over the year to Oct 28, 2026, EWY returned +79.7% to VNQ's +4.8%; 0% of their weight is in the same names.
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Net assets: $24.4bn on Oct 28, 2026 for iShares MSCI South Korea ETF, and $35.9bn on Sep 30, 2026 for Vanguard Real Estate ETF.
Pair scorecard
VNQ costs 0.46 points a year less; their one-year returns differ by 74.9 points; VNQ is 1.4 times larger.
| Measure | EWY | VNQ |
|---|---|---|
| Return | ||
| Total return, 1 year | +79.7% | +4.8% |
| Drawdown | ||
| Below its high | 24.3%, high on Jun 18, 2026 | 8.3%, high on Jul 28, 2026 |
| Benchmark | ||
| What it tracks | MSCI Korea 25/50 Daily 25 Capped Index | MSCI US Investable Market Real Estate 25/50 Index |
| Cost and size | ||
| Expense ratio | 0.59% | 0.13% |
| Net assets, as of Sep 30, 2026 | $26.2bn | $35.9bn |
| Holdings | ||
| Holdings in common | 0% | |
| Top ten holdings, share of the fund | 60.9% | 55.8% |
Holdings in common uses holdings dated Sep 30, 2026 and Oct 27, 2026. Method
Risk and return
Oct 8, 2004 to Oct 23, 2026 · 1,150 weekly returnsEWY returned more: +692.1% to +364.5%. VNQ swung less: 25.0% to 29.1%. EWY fell slightly less at its worst: −70.1% to −72.5%.
Full scorecard
9 measures, with how each is measured Open ↓
| Measure | EWY | VNQ | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +692.1% | +364.5% | EWY | Price change plus distributions, reinvested. |
| Annualized | +9.8% | +7.2% | EWY | Total return as a yearly rate. |
| Price return | +478.4% | +80.5% | EWY | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 29.1% | 25.0% | VNQ | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 20.0% | 17.3% | VNQ | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −70.1% | −72.5% | EWY (slight) | Deepest fall from a high to the low after it. |
| Risk-adjusted | ||||
| Sharpe | 0.41 | 0.33 | EWY | Return above Treasury bills per unit of volatility. |
| Sortino | 0.59 | 0.48 | EWY | Return above Treasury bills per unit of downside deviation. |
| Calmar | 0.14 | 0.10 | EWY | Annualized return divided by the max drawdown. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 1,150 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, EWY and VNQ hold 0% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026 and Oct 27, 2026.
half
0% in common
Only in one fund ↓
Side by side
EWY and VNQ on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
EWY and VNQ do different jobs. What does each one do in a portfolio?
- What each follows. EWY follows MSCI Korea 25/50 Daily 25 Capped Index and VNQ follows MSCI US Investable Market Real Estate 25/50 Index.
- Holdings in common. 0% of the weight is in the same securities (holdings dated Oct 27, 2026 and Sep 30, 2026).
- One-year total return. Over 1 year to Oct 28, 2026 EWY returned +79.7% and VNQ +4.8% with distributions reinvested, a gap of 74.9 points.
Data as of Oct 28, 2026.
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EWY
EWY tracks the MSCI South Korea. Over the year to Oct 28, 2026 it returned +79.7% with distributions reinvested, against +16.3% for its benchmark, the MSCI Emerging Markets Index. The prospectus expense ratio is 0.59% a year. By its holdings published by its issuer for Oct 27, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 78 positions, with the top ten at 60.9%. It sat 24.3% below its high of Jun 18, 2026 on Oct 28, 2026.
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, EWY or VNQ?
- In the year to Oct 28, 2026, with distributions reinvested, EWY returned +79.7% and VNQ +4.8%.
- Which is cheaper, EWY or VNQ?
- VNQ is cheaper, by 0.46 percentage points a year. That is about $46 on $10,000 held for a year. Fees come from each fund's prospectus.
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, EWY against VNQ, data as of Oct 28, 2026. https://etfiq.com/compare/any/ewy-vs-vnq
ETFIQ. (Oct 28, 2026). EWY against VNQ. Retrieved from https://etfiq.com/compare/any/ewy-vs-vnq
[EWY against VNQ (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/ewy-vs-vnq)
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