Data as of Oct 28, 2026.

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VNQ vs XLP: Differences, Returns & Fees

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Over the year to Oct 28, 2026, VNQ returned +4.8% to XLP's +13.8%; 0% of their weight is in the same names.

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Net assets: $35.9bn on Sep 30, 2026 for Vanguard Real Estate ETF, and $14.6bn on Oct 27, 2026 for State Street Consumer Staples Select Sector SPDR ETF.

At a glance
+4.8%
VNQ total return, 1 year
+13.8%
XLP total return, 1 year
0.13%
VNQ expense ratio
0.08%
XLP expense ratio

Pair scorecard

XLP costs 0.05 points a year less; their one-year returns differ by 9.0 points; VNQ is 2.7 times larger.

VNQ vs XLP: Differences, Returns & Fees
MeasureVNQXLP
Return
Total return, 1 year+4.8%+13.8%
Drawdown
Below its high8.3%, high on Jul 28, 20263.5%, high on Oct 22, 2026
Benchmark
What it tracksMSCI US Investable Market Real Estate 25/50 IndexConsumer Staples Select Sector Index
Cost and size
Expense ratio0.13%0.08%
Net assets, as of Sep 30, 2026$35.9bn$13.4bn
Holdings
Holdings in common0%
Top ten holdings, share of the fund55.8%62.9%

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

What they share

0%

By the books each fund has filed, VNQ and XLP hold 0% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026 and Oct 27, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first VNQ XLP
Only in one fund ↓
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%
Only in XLP
WALMART INC 11.05%
COSTCO WHOLESALE CORP 9.14%
PROCTER + GAMBLE CO 7.69%
COCA COLA CO 7.34%
PHILIP MORRIS INTERNATIONAL 6.56%
ALTRIA GROUP INC 4.54%
COLGATE PALMOLIVE CO 4.39%
MONDELEZ INTERNATIONAL INC A 4.19%
Check overlap with more funds →

Side by side

VNQ Vanguard Real Estate ETF XLP State Street Consumer Staples Select Sector SPDR ETF
Where it sits Stock ETF Stock ETF
What it is Tracks an index of US real estate Tracks an index of Consumer staples
Total return, 1 year +4.8% +13.8%
Expense ratio 0.13% 0.08%
Already in the S&P 500 62.8% 99.6%
Holdings 141 36
Net assets, VNQ as of Sep 30, 2026 and XLP as of Oct 27, 2026 $35.9bn $14.6bn

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

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About each fund
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.

XLP

XLP tracks an index of Consumer staples. Over the year to Oct 28, 2026 it returned +13.8% with distributions reinvested. The prospectus expense ratio is 0.08% 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 36 positions, with the top ten at 62.9%. It sat 3.5% below its high of Oct 22, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, VNQ or XLP?
In the year to Oct 28, 2026, with distributions reinvested, VNQ returned +4.8% and XLP +13.8%.
Which is cheaper, VNQ or XLP?
XLP is cheaper, by 0.05 percentage points a year. That is about $5 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do VNQ and XLP overlap with the S&P 500?
By their latest filed holdings, 63% of VNQ and 100% of XLP by weight is stocks the S&P 500 already holds.
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ETFIQ, VNQ against XLP, data as of Oct 28, 2026. https://etfiq.com/compare/any/vnq-vs-xlp

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