VNQ

Vanguard Real Estate ETF
A

94
*Unless otherwise stated, data provided by FactSet.

VNQ Fund Description

VNQ tracks a market-cap-weighted index of companies involved in the ownership and operation of real estate in the United States.

VNQ Factset Analytics Insight

VNQ dominates US real estate ETFs. It tracks a broad index that captures much of the US real estate market. The fund holds a deep basket and its market-cap allocations mirror those of our neutral benchmark. The only place it deviates is the persistent sector bias away from specialized REITs in favor of commercial REITs.VNQ has massive assets and is extremely cheap to hold. In fact, excellent portfolio management has, at times, brought the cost of owning VNQ even lower than its paltry stated expense ratio. The only blemish we see is the fact that Vanguard discloses holdings monthly rather than daily. However, this is a nuisance at most in a low-turnover fund, and immaterial to many investors. VNQ trades huge volumes every day with penny-wide spreads. It has the depth and liquidity to handle almost anything. As with peer REIT ETFs, distributions from the fund are taxed as ordinary income.In all, VNQ earns Analyst Pick in a crowded field for solid coverage at extremely low all-in costs.Prior to February 1, 2018 the fund tracked the MSCI US REIT Index. During the period of February 1 to July 24, 2018, the fund tracked the MSCI US Investable Market Real Estate 25/50 Transition Index. Effective July 25, 2018 the fund tracked the MSCI Investable Market Real Estate 25/50 Index.

VNQ MSCI ESG Analytics Insight

Vanguard Real Estate ETF has an MSCI ESG Fund Rating of BB based on a score of 4.16 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. Vanguard Real Estate ETF ranks in the 22nd percentile within its peer group and in the 61st percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

VNQ MSCI FaCS and Factor Box

MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.

VNQ CHARTS AND PERFORMANCE

Price Chart ($)
Total Return Chart (%)
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
COMPARE
RESET
Select ETFs to compare their performance:
PERFORMANCE [as of 08/14/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
VNQ -0.11% 3.58% 21.83% 13.72% 4.15% 7.73% 13.35%
VNQ (NAV) -0.12% 3.51% 21.73% 13.63% 4.14% 7.72% 13.35%
MSCI US IMI Real Estate 25/50 Index -0.11% 3.55% 21.78% 13.68% 4.23% 7.83% 13.35%
Thomson Reuters US Residential & Commercial REITs -0.04% 3.57% 21.47% 14.58% 6.57% 8.85% 14.68%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

VNQ Summary Data

Vanguard
09/23/04
Open-Ended Fund
0.12%
$35.09B
$442.11M
0.01%

VNQ Portfolio Data

$25.61B
39.27
2.69
3.96%
09/24/14
191

VNQ Index Data

Market Cap
Market Cap
Thomson Reuters US Residential & Commercial REITs

VNQ Portfolio Management

0.12%
-0.07%
0.03%
-0.13%

VNQ Tax Exposures

20.00% / 39.60%
--
Ordinary income
No

VNQ Fund Structure

Open-Ended Fund
No
Yes
100% / 0%
N/A
N/A
Low
Monthly
Cboe Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

VNQ Factset Analytics Block Liquidity

As of 08/16/19
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of VNQ. VNQ is rated a 5 out of 5.

VNQ Tradability

4,964,832
$442.11M
4,669,458
$416.06M
0.01%
$0.01
-0.01%
0.17% / -0.19%
None
100.00%
100,000
46.69
0.00%
0.15%
108,146
$89.31
5

VNQ Sector/Industry Breakdown


VNQ
Segment Benchmark
41.28%
39.11%
39.71%
45.86%
14.64%
14.30%
2.73%
--
0.90%
--
0.71%
0.73%
0.03%
--

VNQ TOP 10 HOLDINGS[View All]

11.10%
41.79%

VNQ Countries


VNQ
Segment Benchmark
100.00%
100.00%

VNQ Regions


VNQ
Segment Benchmark
100.00%
100.00%

VNQ Economic Development


VNQ
Segment Benchmark
100.00%
100.00%

VNQ Performance Statistics

1.00
1.03
1.03
1.02
0.06%
Thomson Reuters US Residential & Commercial REITs

VNQ MSCI ESG Ratings

BB
4.16 / 10
61.29
22.29
0.64%
9.02%
100.58

VNQ BENCHMARK COMPARISON HOLDINGS

191
183
156
91.98%

VNQ BENCHMARK COMPARISON SUMMARY


VNQ
Segment Benchmark
191
183
$25.61B
$25.93B
39.27
43.71
2.69
2.47
3.62%
4.14%
Medium
Medium

VNQ BENCHMARK COMPARISON MARKET CAP SIZE


VNQ
Segment Benchmark
58.20%
58.02%
32.37%
32.80%
8.81%
8.72%
0.61%
0.46%

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