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Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

IWF vs VNQ: how they differ

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

iShares Russell 1000 Growth ETF and Vanguard Real Estate Index Fund.

What they hold in common

By the books each fund has filed, IWF and VNQ 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 IWFOnly in VNQ
NVIDIA 15.46%Vanguard Real Estate II Index Fund 14.67%
APPLE 7.77%Welltower Inc 7.86%
ALPHABET CLASS A 5.88%Prologis Inc 7.02%
MICROSOFT 5.55%Equinix Inc 5.66%
BROADCOM INC 5.10%American Tower Corp 4.55%
ALPHABET CLASS C 4.77%Digital Realty Trust Inc 3.67%
META PLATFORMS CLASS A 3.52%Simon Property Group Inc 3.54%
MICRON TECHNOLOGY 3.35%Realty Income Corp 3.12%

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 Sep 10, 2026.

IWF and VNQ on the fields both publish, as of Sep 13, 2026. Source: ETFIQ.
IWF
iShares Russell 1000 Growth ETF
VNQ
Vanguard Real Estate Index Fund
Where it sitsCore index fundCore index fund
IssueriSharesVanguard
What it isRussell 1000 growthUS real estate
Total return, 1 year+7.0%+5.6%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500−10.5 pts−11.9 pts
Expense ratio0.18%0.13%
Already in the S&P 50093.6%63.3%
Holdings315146

IWF in plain words

IWF is an index equity fund tracking the Russell 1000 growth. Over the year to Sep 11, 2026 it returned +7.0% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.18% a year. By its holdings filed for Sep 10, 2026, 94% of the fund by weight is stocks the S&P 500 also holds, across 315 positions, with the top ten at 57.3%. It sat 5.0% below its high of Jun 1, 2026 on Sep 11, 2026.

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.

Questions people ask

Which returned more over the last year, IWF or VNQ?
In the year to Sep 13, 2026, with distributions reinvested, IWF returned +7.0% and VNQ returned +5.6%, so IWF returned more. One year is one year; the longer windows are in the table.
Which is cheaper, IWF or VNQ?
IWF charges 0.18% a year and VNQ charges 0.13%, so VNQ is cheaper. Fees come from each fund's prospectus.
How much do IWF and VNQ overlap with the S&P 500?
By their latest filed holdings, 94% of IWF and 63% of VNQ by weight is stocks the S&P 500 already holds. Between the two funds, 0% of their books are the same securities at the same weight.

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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.

IWF against VNQ, ETFIQ, data as of Sep 13, 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, IWF against VNQ, data as of Sep 13, 2026. https://etfiq.com/compare/any/iwf-vs-vnq Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources