Data as of Oct 28, 2026.

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SDY vs VNQ: Differences, Returns & Fees

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Over the year to Oct 28, 2026, SDY returned +16.5% to VNQ's +4.8%; 4% of their weight is in the same names.

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Net assets: $21.9bn on Oct 27, 2026 for State Street SPDR S&P Dividend ETF, and $35.9bn on Sep 30, 2026 for Vanguard Real Estate ETF.

At a glance
+16.5%
SDY total return, 1 year
+4.8%
VNQ total return, 1 year
0.35%
SDY expense ratio
0.13%
VNQ expense ratio

Pair scorecard

VNQ costs 0.22 points a year less; their one-year returns differ by 11.7 points; VNQ is 1.8 times larger.

SDY vs VNQ: Differences, Returns & Fees
MeasureSDYVNQ
Return
Total return, 1 year+16.5%+4.8%
Drawdown
Below its high8.3%, high on Jul 28, 2026
Benchmark
What it tracksS&P High Yield Dividend Aristocrats IndexMSCI US Investable Market Real Estate 25/50 Index
Cost and size
Expense ratio0.35%0.13%
Net assets, as of Sep 30, 2026$20.4bn$35.9bn
Holdings
Holdings in common4%
Top ten holdings, share of the fund20.4%55.8%

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

What they share

4%

By the books each fund has filed, SDY and VNQ hold 4% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026 and Oct 27, 2026.

0 half 100%

half

4% in common

Positions both hold · largest shared weight first SDY VNQ
REALTY INCOME CORP 1.94% 2.85%
ESSEX PROPERTY TRUST INC 0.73% 0.98%
EQUITY LIFESTYLE PROPERTIES 0.47% 0.61%
FEDERAL REALTY INVS TRUST 0.35% 0.48%
NNN REIT INC 0.31% 0.44%
Only in one fund ↓
Only in SDY
ACCENTURE PLC CL A 3.73%
VERIZON COMMUNICATIONS INC 2.81%
CHEVRON CORP 2.15%
PEPSICO INC 1.82%
MEDTRONIC PLC 1.79%
TARGET CORP 1.59%
AUTOMATIC DATA PROCESSING 1.55%
KENVUE INC 1.55%
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%
Public Storage 2.69%
Check overlap with more funds →

Side by side

SDY State Street SPDR S&P Dividend ETF VNQ Vanguard Real Estate ETF
Where it sits Stock ETF Stock ETF
What it is Tracks the S&P Dividend Tracks an index of US real estate
Total return, 1 year +16.5% +4.8%
Expense ratio 0.35% 0.13%
Already in the S&P 500 84.4% 62.8%
Holdings 156 141
Net assets, SDY as of Oct 27, 2026 and VNQ as of Sep 30, 2026 $21.9bn $35.9bn

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

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About each fund
SDY

SDY tracks the S&P Dividend. Over the year to Oct 28, 2026 it returned +16.5% with distributions reinvested. The prospectus expense ratio is 0.35% a year. By its holdings published by its issuer for Oct 27, 2026, 84% of the fund by weight is stocks the S&P 500 also holds, across 156 positions, with the top ten at 20.4%.

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, SDY or VNQ?
In the year to Oct 28, 2026, with distributions reinvested, SDY returned +16.5% and VNQ +4.8%.
Which is cheaper, SDY or VNQ?
VNQ is cheaper, by 0.22 percentage points a year. That is about $22 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do SDY and VNQ overlap with the S&P 500?
By their latest filed holdings, 84% of SDY and 63% of VNQ by weight is stocks the S&P 500 already holds.
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ETFIQ, SDY against VNQ, data as of Oct 28, 2026. https://etfiq.com/compare/any/sdy-vs-vnq

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