Data as of Oct 28, 2026.

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REET vs VNQ: Differences, Returns & Fees

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Over the year to Oct 28, 2026, REET returned +5.0% to VNQ's +4.8%; 70% of their weight is in the same names.

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Net assets: $4.7bn on Oct 28, 2026 for iShares Global REIT ETF, and $35.9bn on Sep 30, 2026 for Vanguard Real Estate ETF.

At a glance
+5.0%
REET total return, 1 year
+4.8%
VNQ total return, 1 year
0.14%
REET expense ratio
0.13%
VNQ expense ratio

Pair scorecard

VNQ costs 0.01 points a year less; their one-year returns differ by 0.2 points; VNQ is 7.8 times larger.

REET vs VNQ: Differences, Returns & Fees
MeasureREETVNQ
Return
Total return, 1 year+5.0%+4.8%
Drawdown
Below its high9.4%, high on Jul 24, 20268.3%, high on Jul 28, 2026
Benchmark
What it tracksFTSE EPRA Nareit Global REITs IndexMSCI US Investable Market Real Estate 25/50 Index
Cost and size
Expense ratio0.14%0.13%
Net assets, as of Sep 30, 2026$4.6bn$35.9bn
Holdings
Holdings in common70%
Top ten holdings, share of the fund42.9%55.8%

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

Risk and return

Jul 18, 2014 to Oct 23, 2026 · 640 weekly returns
REET VNQ
Return
Total return edge VNQ +63.5% +97.0%
Annualized edge VNQ +4.1% +5.7%
Price return edge VNQ +2.3% +21.1%
Risk
Volatility edge REET (slight) 20.1% 20.8%
Max drawdown edge VNQ (slight) −43.2% −39.6%
Risk-adjusted
Sharpe edge VNQ 0.20 0.27
Sortino edge VNQ 0.28 0.39
Calmar edge VNQ 0.09 0.14
Reading

VNQ returned more: +97.0% to +63.5%. REET swung slightly less: 20.1% to 20.8%. VNQ fell slightly less at its worst: −39.6% to −43.2%.

Full scorecard

9 measures, with how each is measured
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Risk and return: REET vs VNQ: Differences, Returns & Fees
MeasureREETVNQEdgeHow it is measured
Return
Total return+63.5%+97.0%VNQPrice change plus distributions, reinvested.
Annualized+4.1%+5.7%VNQTotal return as a yearly rate.
Price return+2.3%+21.1%VNQPrice change alone, distributions left out.
Risk
Volatility20.1%20.8%REET (slight)Spread of weekly returns, annualized. Lower is steadier.
Downside deviation14.3%14.5%TieLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−43.2%−39.6%VNQ (slight)Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe0.200.27VNQReturn above Treasury bills per unit of volatility.
Sortino0.280.39VNQReturn above Treasury bills per unit of downside deviation.
Calmar0.090.14VNQAnnualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 640 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

70%

By the books each fund has filed, REET and VNQ hold 70% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026 and Oct 27, 2026.

0 half 100%

half

70% in common

Positions both hold · largest shared weight first REET VNQ
WELLTOWER 9.38% 9.12%
PROLOGIS REIT 6.86% 6.86%
EQUINIX REIT 5.64% 5.65%
SIMON PROPERTY GROUP REIT INC 3.89% 3.69%
DIGITAL REALTY TRUST REIT 3.80% 3.68%
REALTY INCOME REIT 3.04% 2.85%
PUBLIC STORAGE REIT 3.01% 2.69%
VIVMARK RESIDENTIAL 2.73% 2.46%
VENTAS REIT 2.44% 2.34%
IRON MOUNTAIN INC 1.95% 1.87%
EXTRA SPACE STORAGE REIT 1.74% 1.57%
VICI PPTYS INC 1.47% 1.42%
Only in one fund ↓
Only in REET
GOODMAN GROUP UNITS 2.15%
SEGRO REIT PLC 0.94%
LINK REAL ESTATE INVESTMENT TRUST 0.74%
SCENTRE GROUP 0.74%
UNIBAIL RODAMCO WE STAPLED UNITS 0.69%
CAPITALAND INTEGRATED COMMERCIAL T 0.64%
KLEPIERRE REIT SA 0.50%
CAPITALAND ASCENDAS REIT 0.41%
Only in VNQ
Vanguard Real Estate II Index Fund 14.51%
American Tower Corp 4.32%
CBRE Group Inc 2.13%
Crown Castle Inc 1.65%
SBA Communications Corp 0.96%
Jones Lang LaSalle Inc 0.80%
Weyerhaeuser Co 0.78%
Lamar Advertising Co 0.70%
Check overlap with more funds →

Side by side

REET iShares Global REIT ETF VNQ Vanguard Real Estate ETF
Where it sits Stock ETF Stock ETF
What it is Tracks an index Tracks an index of US real estate
Total return, 1 year +5.0% +4.8%
Expense ratio 0.14% 0.13%
Already in the S&P 500 54.3% 62.8%
Holdings 328 141
Net assets, REET as of Oct 28, 2026 and VNQ as of Sep 30, 2026 $4.7bn $35.9bn

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

Client brief · page 1 of 2 Report BR-7AD39C5B15

REET and VNQ are built for the same job. How do they differ in cost, holdings and results?

  1. What each follows. REET follows FTSE EPRA Nareit Global REITs Index and VNQ follows MSCI US Investable Market Real Estate 25/50 Index.
  2. Size. REET has $4.6bn in net assets and VNQ $35.9bn (net assets, as of Sep 30, 2026); VNQ is 7.8 times larger.
  3. Holdings in common (similar). 70% of the weight is in the same securities (holdings dated Oct 27, 2026 and Sep 30, 2026).

Data as of Oct 28, 2026.

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About each fund
REET

REET tracks an index. Over the year to Oct 28, 2026 it returned +5.0% with distributions reinvested. The prospectus expense ratio is 0.14% a year. By its holdings published by its issuer for Oct 27, 2026, 54% of the fund by weight is stocks the S&P 500 also holds, across 328 positions, with the top ten at 42.9%. It sat 9.4% below its high of Jul 24, 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, REET or VNQ?
In the year to Oct 28, 2026, with distributions reinvested, REET returned +5.0% and VNQ +4.8%.
Which is cheaper, REET or VNQ?
VNQ is cheaper, by 0.01 percentage points a year. That is about $1 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do REET and VNQ overlap with the S&P 500?
By their latest filed holdings, 54% of REET and 63% of VNQ by weight is stocks the S&P 500 already holds.
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ETFIQ, REET against VNQ, data as of Oct 28, 2026. https://etfiq.com/compare/any/reet-vs-vnq

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