Data as of Oct 28, 2026.

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IYR vs VPU: Differences, Returns & Fees

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Over the year to Oct 28, 2026, IYR returned +3.4% to VPU's −3.3%; 0% of their weight is in the same names.

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Net assets: $3.9bn on Oct 28, 2026 for iShares U.S. Real Estate ETF, and $7.7bn on Sep 30, 2026 for Vanguard Utilities ETF.

At a glance
+3.4%
IYR total return, 1 year
−3.3%
VPU total return, 1 year
0.37%
IYR expense ratio
0.09%
VPU expense ratio

Pair scorecard

VPU costs 0.28 points a year less; their one-year returns differ by 6.7 points; VPU is 1.8 times larger.

IYR vs VPU: Differences, Returns & Fees
MeasureIYRVPU
Return
Total return, 1 year+3.4%−3.3%
Drawdown
Below its high8.6%, high on Jul 28, 20268.9%, high on Feb 27, 2026
Benchmark
What it tracksDow Jones U.S. Real Estate Capped IndexMSCI US Investable Market Index (IMI)/Utilities 25/50
Cost and size
Expense ratio0.37%0.09%
Net assets, as of Sep 30, 2026$4.2bn$7.7bn
Holdings
Holdings in common0%
Top ten holdings, share of the fund52.5%52.3%

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

What they share

0%

By the books each fund has filed, IYR and VPU hold 0% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026 and Oct 27, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first IYR VPU
Only in one fund ↓
Only in IYR
WELLTOWER 9.85%
PROLOGIS REIT 8.77%
AMERICAN TOWER REIT 4.96%
SIMON PROPERTY GROUP REIT INC 4.71%
EQUINIX REIT 4.57%
DIGITAL REALTY TRUST REIT 4.54%
REALTY INCOME REIT 4.19%
PUBLIC STORAGE REIT 4.10%
Only in VPU
NextEra Energy Inc 11.39%
Southern Co 6.74%
Duke Energy Corp 6.41%
Constellation Energy Corp 5.72%
American Electric Power Co Inc 4.66%
Dominion Energy Inc 3.84%
Sempra 3.68%
Vistra Corp 3.37%
Check overlap with more funds →

Side by side

IYR iShares U.S. Real Estate ETF VPU Vanguard Utilities ETF
Where it sits Stock ETF Stock ETF
What it is Tracks an index of U.S. Real Estate Tracks an index of Utilities
Total return, 1 year +3.4% −3.3%
Its benchmark over the same days not measured −3.3% (FUTY)
Gap to its benchmark not measured 0.0 pts vs FUTY
Expense ratio 0.37% 0.09%
Already in the S&P 500 80.0% 89.7%
Holdings 59 70
Net assets, IYR as of Oct 28, 2026 and VPU as of Sep 30, 2026 $3.9bn $7.7bn

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

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About each fund
IYR

IYR tracks an index of U.S. Real Estate. Over the year to Oct 28, 2026 it returned +3.4% with distributions reinvested. The prospectus expense ratio is 0.37% a year. By its holdings published by its issuer for Oct 27, 2026, 80% of the fund by weight is stocks the S&P 500 also holds, across 59 positions, with the top ten at 52.5%. It sat 8.6% below its high of Jul 28, 2026 on Oct 28, 2026.

VPU

VPU tracks an index of Utilities. Over the year to Oct 28, 2026 it returned −3.3% with distributions reinvested, against −3.3% for its benchmark, the MSCI US Investable Market Index (IMI)/Utilities 25/50. The prospectus expense ratio is 0.09% a year. By its holdings published by its issuer as of Sep 30, 2026, 90% of the fund by weight is stocks the S&P 500 also holds, across 70 positions, with the top ten at 52.3%. It sat 8.9% below its high of Feb 27, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, IYR or VPU?
In the year to Oct 28, 2026, with distributions reinvested, IYR returned +3.4% and VPU −3.3%.
Which is cheaper, IYR or VPU?
VPU is cheaper, by 0.28 percentage points a year. That is about $28 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do IYR and VPU overlap with the S&P 500?
By their latest filed holdings, 80% of IYR and 90% of VPU by weight is stocks the S&P 500 already holds.
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ETFIQ, IYR against VPU, data as of Oct 28, 2026. https://etfiq.com/compare/any/iyr-vs-vpu

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