Data as of Oct 28, 2026.

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VLUE vs VNQ: Differences, Returns & Fees

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Over the year to Oct 28, 2026, VLUE returned +54.7% to VNQ's +4.8%; 1% of their weight is in the same names.

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Net assets: $9.4bn on Oct 28, 2026 for iShares MSCI USA Value Factor ETF, and $35.9bn on Sep 30, 2026 for Vanguard Real Estate ETF.

At a glance
+54.7%
VLUE total return, 1 year
+4.8%
VNQ total return, 1 year
0.15%
VLUE expense ratio
0.13%
VNQ expense ratio

Pair scorecard

VNQ costs 0.02 points a year less; their one-year returns differ by 49.9 points; VNQ is 3.8 times larger.

VLUE vs VNQ: Differences, Returns & Fees
MeasureVLUEVNQ
Return
Total return, 1 year+54.7%+4.8%
Drawdown
Below its high8.3%, high on Jul 28, 2026
Benchmark
What it tracksMSCI USA Enhanced Value IndexMSCI US Investable Market Real Estate 25/50 Index
Cost and size
Expense ratio0.15%0.13%
Net assets, as of Sep 30, 2026$9.4bn$35.9bn
Holdings
Holdings in common1%
Top ten holdings, share of the fund42.8%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, VLUE 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 VLUE VNQ
SIMON PROPERTY GROUP REIT INC 0.43% 3.69%
REALTY INCOME REIT 0.29% 2.85%
PUBLIC STORAGE REIT 0.21% 2.69%
VICI PPTYS INC 0.17% 1.42%
W. P. CAREY REIT 0.14% 0.82%
MID AMERICA APARTMENT COMMUNITIES 0.09% 0.78%
ESSEX PROPERTY TRUST REIT 0.08% 0.98%
VIVMARK RESIDENTIAL 0.08% 2.46%
Only in one fund ↓
Only in VLUE
MICRON TECHNOLOGY 20.94%
CISCO SYSTEMS INC 4.37%
GENERAL MOTORS 3.54%
VERIZON COMMUNICATIONS INC 2.72%
AT&T 2.24%
HEWLETT PACKARD ENTERPRISE 1.95%
PFIZER 1.86%
BANK OF AMERICA 1.77%
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%
Digital Realty Trust Inc 3.68%
Ventas Inc 2.34%
CBRE Group Inc 2.13%
Check overlap with more funds →

Side by side

VLUE iShares MSCI USA Value Factor ETF VNQ Vanguard Real Estate ETF
Where it sits Stock ETF Stock ETF
What it is Tracks the MSCI USA Value Factor Tracks an index of US real estate
Total return, 1 year +54.7% +4.8%
Its benchmark over the same days +13.6% (MLRG) not measured
Gap to its benchmark +41.1 pts vs MLRG not measured
Expense ratio 0.15% 0.13%
Already in the S&P 500 96.6% 62.8%
Holdings 148 141
Net assets, VLUE as of Oct 28, 2026 and VNQ as of Sep 30, 2026 $9.4bn $35.9bn

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

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About each fund
VLUE

VLUE tracks the MSCI USA Value Factor. Over the year to Oct 28, 2026 it returned +54.7% with distributions reinvested, against +13.6% for its benchmark, the MSCI USA Index. The prospectus expense ratio is 0.15% a year. By its holdings published by its issuer for Oct 27, 2026, 97% of the fund by weight is stocks the S&P 500 also holds, across 148 positions, with the top ten at 42.8%.

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, VLUE or VNQ?
In the year to Oct 28, 2026, with distributions reinvested, VLUE returned +54.7% and VNQ +4.8%.
Which is cheaper, VLUE or VNQ?
VNQ is cheaper, by 0.02 percentage points a year. That is about $2 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do VLUE and VNQ overlap with the S&P 500?
By their latest filed holdings, 97% of VLUE and 63% of VNQ by weight is stocks the S&P 500 already holds.
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ETFIQ, VLUE against VNQ, data as of Oct 28, 2026. https://etfiq.com/compare/any/vlue-vs-vnq

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