Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.
IYR vs VWO: how they differ
IYR and VWO hold 0% of their weight in the same names, and VWO returned more over the year.
iShares U.S. Real Estate ETF and Vanguard Emerging Markets Stock Index Fund.
What they hold in common
By the books each fund has filed, IYR and VWO hold 0% of their money in the same securities at the same weight.
| Only in IYR | Only in VWO |
|---|---|
| WELLTOWER 11.49% | Taiwan Semiconductor Manufacturing Co Lt 14.73% |
| PROLOGIS REIT 8.99% | Tencent Holdings Ltd 3.28% |
| DIGITAL REALTY TRUST REIT 4.86% | Alibaba Group Holding Ltd 2.57% |
| EQUINIX REIT 4.57% | Delta Electronics Inc 1.18% |
| SIMON PROPERTY GROUP REIT INC 4.46% | MediaTek Inc 1.07% |
| REALTY INCOME REIT 4.19% | Reliance Industries Ltd 0.90% |
| AMERICAN TOWER REIT 4.16% | HDFC Bank Ltd 0.81% |
| PUBLIC STORAGE REIT 3.73% | Hon Hai Precision Industry Co Ltd 0.75% |
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.
| IYR iShares U.S. Real Estate ETF | VWO Vanguard Emerging Markets Stock Index Fund | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | Vanguard |
| What it is | U.S. Real Estate | Emerging markets |
| Total return, 1 year | +4.7% | +15.6% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −12.8 pts | −1.9 pts |
| Expense ratio | 0.37% | 0.06% |
| Already in the S&P 500 | 80.4% | 0.0% |
| Holdings | 63 | 6355 |
IYR in plain words
IYR is an index equity fund tracking the U.S. Real Estate. Over the year to Sep 11, 2026 it returned +4.7% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.37% a year. By its holdings filed for Sep 10, 2026, 80% of the fund by weight is stocks the S&P 500 also holds, across 63 positions, with the top ten at 53.4%. It sat 6.1% below its high of Jul 28, 2026 on Sep 11, 2026.
VWO in plain words
VWO is an index equity fund tracking the Emerging markets. Over the year to Sep 11, 2026 it returned +15.6% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.06% a year. By its holdings filed for Apr 30, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 6355 positions, with the top ten at 26.8%.
Questions people ask
- Which returned more over the last year, IYR or VWO?
- In the year to Sep 13, 2026, with distributions reinvested, IYR returned +4.7% and VWO returned +15.6%, so VWO returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, IYR or VWO?
- IYR charges 0.37% a year and VWO charges 0.06%, so VWO is cheaper. Fees come from each fund's prospectus.
- How much do IYR and VWO overlap with the S&P 500?
- By their latest filed holdings, 80% of IYR and 0% of VWO 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.
Other comparisons
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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, IYR against VWO, data as of Sep 13, 2026. https://etfiq.com/compare/any/iyr-vs-vwo Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources