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

In the year to Oct 28, 2026, with distributions reinvested, MDY returned +12.8% and VNQ +4.8%.

Which is cheaper, MDY or VNQ?

VNQ is cheaper, by 0.10 percentage points a year. That is about $10 on $10,000 held for a year. Fees come from each fund's prospectus.

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

By their latest filed holdings, 0% of MDY and 63% of VNQ by weight is stocks the S&P 500 already holds.

Data as of Oct 28, 2026.

Across categories

MDY vs VNQ: Differences, Returns & Fees

Share on X Download as PDF

Over the year to Oct 28, 2026, MDY returned +12.8% to VNQ's +4.8%; 7% of their weight is in the same names.

askIQ about this page

askIQ about MDY and VNQ

Net assets: $25.9bn on Oct 27, 2026 for SPDR S&P MidCap 400 ETF Trust, and $35.9bn on Sep 30, 2026 for Vanguard Real Estate ETF.

MDY on its own →VNQ on its own →

At a glance

+12.8%

MDY total return, 1 year

+4.8%

VNQ total return, 1 year

0.23%

MDY expense ratio

0.13%

VNQ expense ratio

Pair scorecard

VNQ costs 0.10 points a year less; their one-year returns differ by 8.0 points; VNQ is 1.4 times larger.

MDY vs VNQ: Differences, Returns & Fees
Measure	MDY	VNQ
Return
Measure	MDY	VNQ
Total return, 1 year	+12.8%	+4.8%
Drawdown
Measure	MDY	VNQ
Below its high	6.5%, high on Aug 14, 2026	8.3%, high on Jul 28, 2026
Benchmark
Measure	MDY	VNQ
What it tracks	S&P MidCap 400 Index	MSCI US Investable Market Real Estate 25/50 Index
Cost and size
Measure	MDY	VNQ
Expense ratio	0.23%	0.13%
Net assets, as of Sep 30, 2026	$25.2bn	$35.9bn
Holdings
Measure	MDY	VNQ
Holdings in common	7%
Top ten holdings, share of the fund	7.5%	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, MDY and VNQ hold 7% 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

7% in common

Positions both hold · largest shared weight first MDY VNQ

W. P. Carey Inc. 0.42% 0.82%

Sun Communities Inc. 0.41% 0.77%

Omega Healthcare Investors Inc. 0.41% 0.78%

Jones Lang LaSalle Incorporated 0.40% 0.80%

Lamar Advertising Company Class A 0.39% 0.70%

Equity LifeStyle Properties Inc. 0.33% 0.61%

Gaming and Leisure Properties Inc. 0.33% 0.58%

American Healthcare REIT Inc. 0.32% 0.56%

EastGroup Properties Inc. 0.31% 0.60%

American Homes 4 Rent Class A 0.29% 0.54%

Brixmor Property Group Inc. 0.26% 0.46%

CubeSmart 0.25% 0.47%

Only in one fund ↓

Only in MDY

Okta Inc. Class A 1.09%

U.S. Dollar 0.96%

TechnipFMC plc 0.81%

United Therapeutics Corporation 0.73%

Entegris Inc. 0.66%

ATI Inc 0.66%

US Foods Holding Corp. 0.64%

Reliance Inc. 0.64%

Only in VNQ

Vanguard Real Estate II Index Fund 14.51%

Welltower Inc 9.12%

Prologis Inc 6.86%

Equinix Inc 5.65%

American Tower Corp 4.32%

Simon Property Group Inc 3.69%

Digital Realty Trust Inc 3.68%

Realty Income Corp 2.85%

Check overlap with more funds →

Side by side

MDY SPDR S&P MidCap 400 ETF Trust VNQ Vanguard Real Estate ETF

Where it sits Stock ETF Stock ETF

Issuer State Street Vanguard

What it is Tracks the S&P MidCap 400 Tracks an index of US real estate

Total return, 1 year +12.8% +4.8%

Its benchmark over the same days +13.2% (IJH) not measured

Gap to its benchmark −0.4 pts vs IJH not measured

Expense ratio 0.23% 0.13%

Already in the S&P 500 0.0% 62.8%

Holdings 401 141

Net assets, MDY as of Oct 27, 2026 and VNQ as of Sep 30, 2026 $25.9bn $35.9bn

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

Alert

About each fund

MDY

MDY tracks the S&P MidCap 400. Over the year to Oct 28, 2026 it returned +12.8% with distributions reinvested, against +13.2% for its benchmark, the S&P MidCap 400 Index. The prospectus expense ratio is 0.23% 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 401 positions, with the top ten at 7.5%. It sat 6.5% below its high of Aug 14, 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, MDY or VNQ?: In the year to Oct 28, 2026, with distributions reinvested, MDY returned +12.8% and VNQ +4.8%.
Which is cheaper, MDY or VNQ?: VNQ is cheaper, by 0.10 percentage points a year. That is about $10 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do MDY and VNQ overlap with the S&P 500?: By their latest filed holdings, 0% of MDY and 63% of VNQ by weight is stocks the S&P 500 already holds.

Other comparisons

MDY vs SCHH MDY vs XLRE IYR vs MDY MDY vs XLI VNQ vs VO VNQ vs VXF MOAT vs VNQ IJH vs VNQ

Where to next

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

Sources and dates

MDY filings on SEC EDGAR ↗

State Street website ↗

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

Open data →

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