Vanguard Real Estate ETF (VNQ)
| Assets | $33.75B |
| Expense Ratio | 0.13% |
| PE Ratio | 34.37 |
| Shares Out | 1.05B |
| Dividend (ttm) | $3.47 |
| Dividend Yield | 3.91% |
| Ex-Dividend Date | Dec 22, 2025 |
| Payout Frequency | Quarterly |
| Payout Ratio | 135.31% |
| Volume | 2,727,237 |
| Open | 88.21 |
| Previous Close | 88.18 |
| Day's Range | 88.21 - 88.91 |
| 52-Week Low | 76.92 |
| 52-Week High | 94.95 |
| Beta | 1.04 |
| Holdings | 167 |
| Inception Date | Sep 23, 2004 |
About VNQ
Fund Home PageThe Vanguard Real Estate ETF (VNQ) is an exchange-traded fund that is based on the MSCI US IMI/Real Estate 25-50 index, a market-cap-weighted index of companies involved in the ownership and operation of real estate in the United States. VNQ was launched on Sep 23, 2004 and is issued by Vanguard.
Top 10 Holdings
52.49% of assets| Name | Symbol | Weight |
|---|---|---|
| Vanguard Real Estate II Index | VRTPX | 14.49% |
| Welltower Inc. | WELL | 7.82% |
| Prologis, Inc. | PLD | 6.70% |
| American Tower Corporation | AMT | 4.77% |
| Equinix, Inc. | EQIX | 4.14% |
| Simon Property Group, Inc. | SPG | 3.42% |
| Digital Realty Trust, Inc. | DLR | 3.07% |
| Realty Income Corporation | O | 2.96% |
| CBRE Group, Inc. | CBRE | 2.70% |
| Public Storage | PSA | 2.43% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 22, 2025 | $0.8005 | Dec 24, 2025 |
| Sep 24, 2025 | $0.8716 | Sep 26, 2025 |
| Jun 26, 2025 | $0.8678 | Jun 30, 2025 |
| Mar 25, 2025 | $0.9319 | Mar 27, 2025 |
| Dec 23, 2024 | $0.8555 | Dec 26, 2024 |
| Sep 27, 2024 | $0.8128 | Oct 1, 2024 |
Performance
VNQ had a total return of 3.86% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.20%.
News
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Undercovered Dozen: Canadian Natural Resources, Duke Energy, PennyMac Mortgage And More
This week's Undercovered Dozen highlights 12 lesser-followed stocks and funds, each with distinct catalysts or value opportunities. This week's edition covers articles published between Dec. 12 and De...
Cap Rates Reveal Opportunistic REIT Property Sectors
REITs, as represented by VNQ, now trade at a median implied cap rate of 7.7%, offering a compelling spread over Treasuries. Recent REIT underperformance stems from valuation overshoots, not weak real ...
2 High-Yielding And Retirement-Safe REITs For Alpha In 2026
The broader REIT sector have underperformed despite multiple Fed rate cuts since 2024. 2026 seems to be as choppy as this year, unless the long-term yields do not come down, which I see as a low proba...
Everyone Hates REITs - A Contrarian Opportunity
REITs endured a brutal three-plus-year stretch since March 2022, underperforming the S&P 500 by an unprecedented 70 percentage points, far worse than the Global Financial Crisis. Extreme underperforma...
Diversifying Dividends: Sketching Out My Battle Plan For 2026
I plan to diversify my REIT-heavy portfolio by systematically allocating to four dividend-focused ETFs in 2026. US economic growth remains steady but subdued, while equity valuations are elevated, sug...
The State Of REITs: December 2025 Edition
The REIT sector returned to positive territory in November (+1.02%) after back-to-back months in the red. Mid caps (+3.53%) led the REIT sector in November followed by small caps (+3.38%) and large ca...
Real Estate at 'Inflection Point,' Says Morgan Stanley's Hochfelder
Morgan Stanley Real Estate Investing Co-CEO Lauren Hochfelder believes that we are at an 'inflection point' for real estate heading into 2026, indicating that sellers are more motivated, buyers more i...
Commercial real estate deal volume drops for the first time in nearly two years
Commercial real estate has had a rough go after gaining momentum coming out of the pandemic. October was the first month of negative year-over-year transaction volume growth in the sector in nearly tw...
2 REITs To Buy Before December 10th
The Fed is expected to cut interest rates in a few days. The rate cuts are a strong catalyst for the REIT sector. I highlight two REITs that have a lot to gain from this.
Why 10%+ Yields Can Wreck Your Retirement Income
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REIT Bulls - Brace For More Frustration
REITs have massively underperformed the market, while their earnings have grown. Given the likely base rate cuts that are on the horizon, the setup for a REIT renaissance could not be better. I think ...
Seniors Housing REITs: Generational Compounding Opportunity
Demand tailwinds from the aging Baby Boomer cohort and record-low new construction underpin a multi-year runway for double-digit internal and external growth. Premiums to NAV enable accretive acquisit...
Buy The Dip: 2 Blue-Chip Dividend Growth Stocks Getting Way Too Cheap
Higher for longer interest rates have created one of the best value opportunities in years for blue-chip income investors. I look at two blue-chip opportunities that trade at unusually large discounts...
Is Your Retirement Income Enough? How I Leveled Up Mine With Covered Call ETFs
Yield for traditional income sources have started to compress. For income-oriented investors, who seek to build a reliable passive income machine it causes a real headache. To hit a certain target inc...
VNQ: Persistent Valuation Gaps Make Publicly Traded REITs Attractive
VNQ remains a Buy as public REITs trade at significant discounts to private market valuations, especially in apartments. The persistent valuation gap between public and private real estate presents a ...
Moving Averages of the Ivy Portfolio and S&P 500: November 2025
This article provides an update on the monthly moving averages we track for the S&P 500 and the Ivy Portfolio after the close of the last business day of the month. The Ivy Portfolio The Ivy Portfolio...
Only 3 REITs For The Next 10 Years
Quality and growth dictate long-term returns. Industrial, data centers, self-storage, and co-working are great property sectors for long-term-oriented investors. If I had to pick just 3 REITs for the ...
7%+ Yields: I Am Giving Thanks For My Favorite Black Friday Special
I am thankful for many things this year. I am particularly thankful for my favorite Black Friday special from Mr. Market. I detail why I like this high-yielding bargain.
Picking A Winner In Industrial REITs
Falling Fed Funds rates and attractive REIT yields, along with technicals, make REITs increasingly appealing. Industrial REITs show robust fundamentals, with high occupancy, minimal delinquencies, exc...
Buy The Dip: Giving Thanks For These Dirt Cheap Black Friday Bargains
I share two dirt-cheap high-quality dividend growth stocks with yields up to 9%. Strong dividends, buybacks, and deep discounts combine for a rare risk-reward setup. I detail why this Thanksgiving, I ...
The Biggest Problem In Today's Market, And The Dividends That Fix It
Investors are faced with an increasingly challenging and uncertain market environment in which to deploy capital. I detail where I think the best risk-adjusted place to invest today is. I share two co...
Why I Invest 50% Of My Portfolio In REITs
My portfolio is heavily concentrated on REITs. I have unique reasons for it. My approach is not as reckless as it may seem. Here is why.
5 Blue-Chip Dividend Compounders I'm Buying On Discount
The current AI investment boom risks creating a bubble, with funding needs outpacing hyperscalers' cash flows and raising concerns of a lost decade for stocks. AI-related stocks have driven market gai...
Resist AI FOMO And Stick With Your Long-Term Plan
AI stocks are getting a lot of hype right now. But history shows that revolutionary technologies almost always become overvalued and overinvested, leading to eventual corrections. Disciplined, long-te...
The Most Viable 10% Yielding Retirement Portfolio I've Ever Designed
Most 10% yielding portfolios inevitably crash and burn. However, there is a path to achieving a potentially sustainable 10% yielding portfolio. I share how it possibly can be done.
The More They Drop, The More I Load Up
3 dividend stocks with attractive dividend yields, high-quality business models and management teams, and very strong growth potential have pulled back lately. I look at the risks that have prompted t...
The State Of REITs: November 2025 Edition
The REIT sector has seen back-to-back tough months as it saw a modest average negative total return in September (-0.73%) and fell deeper into the red in October (-4.03%). Small cap REITs (-5.05%) had...
The Bubble In Covered Call ETFs That Nobody Is Talking About
Covered call ETFs have surged in popularity, but most are heavily concentrated in AI-driven indices, like QQQ and SPY. AI valuations appear stretched, and a correction could hit covered call ETF inves...
Black Friday Sale In REITland: Real Estate At 50% Off
Most asset classes are not offering any discounts this Black Friday. REITs are the exceptions, with many offering up to 50% discounts. But possibly not for much longer. Here is why this could be your ...
One Of The Huge Mistakes Dividend Investors Are Making Right Now
The macro data suggest that dividend investors may be in for a rude surprise in the wake of the Fed's rate cuts. Because a major macro shift is underway, the usual assumptions dividend investors make ...
The Next Big Trade: Why I'm Loading Up On REITs Before Everyone Else
REITs offer compelling value and income, with VNQ yielding 3.8% versus the S&P 500's 1.1%, and trade at historically wide valuation discounts. The current macro environment favors high-quality, underv...
The Best REIT, BDC, And MLP To Retire On
Discover the 3 dividend-paying powerhouses I'd trust to fund a lifetime of passive income. These high-yield investments combine safety, growth, and tax efficiency like few others. Learn why I believe ...
This Is How I Earn $2,000 A Month From Covered Call ETFs
Covered call ETFs play an increasingly vital role for income investors. While they have inherent flaws, the benefits clearly outweigh them. In the article, I detail the rationale for including covered...
Best Dividend-Growth REITs To Buy Now
Dividend growth is richly rewarded in the REIT sector. A 5% yield plus a 5% growth rate leads to 10% annual total returns. Add to that some upside from repricing, and you can potentially earn up to 15...
My 3 Favorite Canadian REIT Investments
Canadian REITs often offer better value than US REITs. They may also grow faster and enjoy higher dividend yields. I present 3 of my top picks.
These REITs Could Outperform The Vanguard Real Estate ETF
REIT ETFs are heavily exposed to offices, hotels, and malls. Active investors can do better by investing in stronger property sectors. We highlight three REITs that we expect to crush the Vanguard Rea...
Moving Averages of the Ivy Portfolio & S&P 500: October 2025
This article provides an update on the monthly moving averages we track for the S&P 500 and the Ivy Portfolio after the close of the last business day of the month. The Ivy Portfolio The Ivy Portfolio...
VNQ Vs. SPY: REIT's Case In 2 Charts
The Vanguard Real Estate ETF now offers a more attractive return profile versus the SPDR S&P 500 ETF due to macroeconomic shifts. Historically, REITs have outperformed the S&P 500 over full-rate cycle...
8% Yields I'd Bet My Retirement On Right Now
Two high-yield investments offering 8%+ income with long-term stability. One pays monthly, and the other grows its payout at an inflation-beating clip year after year. Both combine low risk, strong ma...
The More It Drops, The More I Buy: 2 REITs Too Cheap To Ignore
There are certain REITs I keep buying the more they drop. They have exceptional business models but trade at historically low valuations. I present two such REITs that I am steadily accumulating.
VNQ: Sell Your REIT ETFs
Vanguard Real Estate Index Fund ETF faces risks from high valuations, interest rate sensitivity, and economic weakness, despite its long-term popularity and low fees. VNQ, IYR, and XLRE have underperf...
5 Dividend Compounders I'm Buying For Passive Income
Dividend growth investing offers attractive opportunities amid speculative market fervor, with a focus on steady income over chasing AI-driven gains. US macroeconomic headwinds—demographics, tariffs, ...
The Next REITs That Could Potentially Cut Dividends (My Predictions)
REIT dividend cuts often lead to significant losses. Unfortunately, quite a few REITs likely won't sustain their dividends. I identify popular high-yielding REITs that are at risk of cutting their div...