Data as of Oct 28, 2026.

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VIG vs VNQ: Differences, Returns & Fees

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Over the year to Oct 28, 2026, VIG returned +13.9% to VNQ's +4.8%; 0% of their weight is in the same names.

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Net assets on Sep 30, 2026: $109.1bn for Vanguard Div Appreciation ETF and $35.9bn for Vanguard Real Estate ETF.

At a glance
+13.9%
VIG total return, 1 year
+4.8%
VNQ total return, 1 year
0.04%
VIG expense ratio
0.13%
VNQ expense ratio

Pair scorecard

VIG costs 0.09 points a year less; their one-year returns differ by 9.1 points; VIG is 3.0 times larger.

VIG vs VNQ: Differences, Returns & Fees
MeasureVIGVNQ
Return
Total return, 1 year+13.9%+4.8%
Drawdown
Below its high8.3%, high on Jul 28, 2026
Benchmark
What it tracksS&P U.S. Dividend Growers IndexMSCI US Investable Market Real Estate 25/50 Index
Cost and size
Expense ratio0.04%0.13%
Net assets, as of Sep 30, 2026$109.1bn$35.9bn
Holdings
Holdings in common0%
Top ten holdings, share of the fund34.5%55.8%

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

Risk and return

May 5, 2006 to Oct 23, 2026 · 1,068 weekly returns
VIG VNQ
Return
Total return edge VIG +619.3% +230.5%
Annualized edge VIG +10.1% +6.0%
Price return edge VIG +379.5% +40.4%
Risk
Volatility edge VIG 15.7% 25.6%
Max drawdown edge VIG −45.9% −72.5%
Risk-adjusted
Sharpe edge VIG 0.58 0.29
Sortino edge VIG 0.83 0.42
Calmar edge VIG 0.22 0.08
Reading

VIG returned more: +619.3% to +230.5%. VIG swung less: 15.7% to 25.6%. VIG fell less at its worst: −45.9% to −72.5%.

Full scorecard

9 measures, with how each is measured
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Risk and return: VIG vs VNQ: Differences, Returns & Fees
MeasureVIGVNQEdgeHow it is measured
Return
Total return+619.3%+230.5%VIGPrice change plus distributions, reinvested.
Annualized+10.1%+6.0%VIGTotal return as a yearly rate.
Price return+379.5%+40.4%VIGPrice change alone, distributions left out.
Risk
Volatility15.7%25.6%VIGSpread of weekly returns, annualized. Lower is steadier.
Downside deviation11.0%17.7%VIGLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−45.9%−72.5%VIGDeepest fall from a high to the low after it.
Risk-adjusted
Sharpe0.580.29VIGReturn above Treasury bills per unit of volatility.
Sortino0.830.42VIGReturn above Treasury bills per unit of downside deviation.
Calmar0.220.08VIGAnnualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 1,068 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

0%

By the books each fund has filed, VIG and VNQ hold 0% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first VIG VNQ
MKTLIQ 0.36% 0.14%
Only in one fund ↓
Only in VIG
Microsoft Corp 4.90%
Apple Inc 4.88%
Broadcom Inc 4.30%
Eli Lilly & Co 4.10%
JPMorgan Chase & Co 3.89%
ExxonMobil Holdings Corp 2.96%
Johnson & Johnson 2.83%
Visa Inc 2.53%
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

VIG Vanguard Div Appreciation ETF VNQ Vanguard Real Estate ETF
Where it sits Stock ETF Stock ETF
What it is Tracks an index of Dividend growth Tracks an index of US real estate
Total return, 1 year +13.9% +4.8%
Expense ratio 0.04% 0.13%
Already in the S&P 500 92.6% 62.8%
Holdings 335 141
Net assets, as of Sep 30, 2026 $109.1bn $35.9bn

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

Client brief · page 1 of 2 Report BR-0C524D9F7F

VIG and VNQ do different jobs. What does each one do in a portfolio?

  1. What each follows. VIG follows S&P U.S. Dividend Growers Index and VNQ follows MSCI US Investable Market Real Estate 25/50 Index.
  2. Holdings in common. 0% of the weight is in the same securities (holdings dated Sep 30, 2026).
  3. One-year total return. Over 1 year to Oct 28, 2026 VIG returned +13.9% and VNQ +4.8% with distributions reinvested, a gap of 9.1 points.

Data as of Oct 28, 2026.

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About each fund
VIG

VIG tracks an index of Dividend growth. Over the year to Oct 28, 2026 it returned +13.9% with distributions reinvested. The prospectus expense ratio is 0.04% a year. By its holdings published by its issuer as of Sep 30, 2026, 93% of the fund by weight is stocks the S&P 500 also holds, across 335 positions, with the top ten at 34.5%.

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, VIG or VNQ?
In the year to Oct 28, 2026, with distributions reinvested, VIG returned +13.9% and VNQ +4.8%.
Which is cheaper, VIG or VNQ?
VIG 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 VIG and VNQ overlap with the S&P 500?
By their latest filed holdings, 93% of VIG and 63% of VNQ by weight is stocks the S&P 500 already holds.
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ETFIQ, VIG against VNQ, data as of Oct 28, 2026. https://etfiq.com/compare/any/vig-vs-vnq

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