Data as of Oct 28, 2026.

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SPYG vs VNQ: Differences, Returns & Fees

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Over the year to Oct 28, 2026, SPYG returned +12.2% to VNQ's +4.8%; 1% of their weight is in the same names.

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Net assets: $55.9bn on Oct 27, 2026 for State Street SPDR Portfolio S&P 500 Growth ETF, and $35.9bn on Sep 30, 2026 for Vanguard Real Estate ETF.

At a glance
+12.2%
SPYG total return, 1 year
+4.8%
VNQ total return, 1 year
0.04%
SPYG expense ratio
0.13%
VNQ expense ratio

Pair scorecard

SPYG costs 0.09 points a year less; their one-year returns differ by 7.4 points; SPYG is 1.6 times larger.

SPYG vs VNQ: Differences, Returns & Fees
MeasureSPYGVNQ
Return
Total return, 1 year+12.2%+4.8%
Drawdown
Below its high4.1%, high on Oct 6, 20268.3%, high on Jul 28, 2026
Benchmark
What it tracksS&P 500 Growth IndexMSCI US Investable Market Real Estate 25/50 Index
Cost and size
Expense ratio0.04%0.13%
Net assets, as of Sep 30, 2026$56.6bn$35.9bn
Holdings
Holdings in common1%
Top ten holdings, share of the fund59.6%55.8%

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

What they share

1%

By the books each fund has filed, SPYG and VNQ hold 1% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026 and Oct 27, 2026.

0 half 100%

half

1% in common

Positions both hold · largest shared weight first SPYG VNQ
WELLTOWER INC 0.45% 9.12%
SIMON PROPERTY GROUP INC 0.08% 3.69%
VENTAS INC 0.06% 2.34%
Only in one fund ↓
Only in SPYG
NVIDIA CORP 14.61%
MICROSOFT CORP 10.93%
APPLE INC 7.01%
ALPHABET INC CL A 5.21%
BROADCOM INC 4.51%
ALPHABET INC CL C 4.17%
META PLATFORMS INC CLASS A 3.79%
AMAZON.COM INC 3.65%
Only in VNQ
Vanguard Real Estate II Index Fund 14.51%
Prologis Inc 6.86%
Equinix Inc 5.65%
American Tower Corp 4.32%
Digital Realty Trust Inc 3.68%
Realty Income Corp 2.85%
Public Storage 2.69%
Vivmark Residential 2.46%
Check overlap with more funds →

Side by side

SPYG State Street SPDR Portfolio S&P 500 Growth ETF VNQ Vanguard Real Estate ETF
Where it sits Stock ETF Stock ETF
What it is Tracks the S&P 500 Growth Tracks an index of US real estate
Total return, 1 year +12.2% +4.8%
Its benchmark over the same days +12.1% (IVW) not measured
Gap to its benchmark +0.1 pts vs IVW not measured
Expense ratio 0.04% 0.13%
Already in the S&P 500 100.0% 62.8%
Holdings 152 141
Net assets, SPYG as of Oct 27, 2026 and VNQ as of Sep 30, 2026 $55.9bn $35.9bn

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

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About each fund
SPYG

SPYG tracks the S&P 500 Growth. Over the year to Oct 28, 2026 it returned +12.2% with distributions reinvested, against +12.1% for its benchmark, the S&P 500 Growth Index. The prospectus expense ratio is 0.04% a year. By its holdings published by its issuer for Oct 27, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 152 positions, with the top ten at 59.6%. It sat 4.1% below its high of Oct 6, 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, SPYG or VNQ?
In the year to Oct 28, 2026, with distributions reinvested, SPYG returned +12.2% and VNQ +4.8%.
Which is cheaper, SPYG or VNQ?
SPYG is cheaper, by 0.09 percentage points a year. That is about $9 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do SPYG and VNQ overlap with the S&P 500?
By their latest filed holdings, 100% of SPYG and 63% of VNQ by weight is stocks the S&P 500 already holds.
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ETFIQ, SPYG against VNQ, data as of Oct 28, 2026. https://etfiq.com/compare/any/spyg-vs-vnq

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