Vanguard Real Estate ETF (VNQ) Holdings
VNQ holdings summary
as of Oct 25, 2026- Holdings
- 139 positions listed
- Top 10 weight
- 56.0% of net assets
- Effective holdings
- 21 equal-weight equivalent
- Largest holding
- VRTPX 14.27% Vanguard REIT II Index Fund…
- Annual turnover
- 9.4% of the portfolio traded
Top 1056.0%
Top 2574.8%
Top 5088.5%
Top 10098.0%
All VNQ holdings
139 holdings
| # | Name | ||||||
|---|---|---|---|---|---|---|---|
| 1 | VRTPX | Vanguard REIT II Index Fund Institutional Plus Shares | Other | 14.27% | $5.29B | — | — |
| 2 | WELL | Welltower Inc. | Real Estate | 9.26% | $3.43B | $169.23B | 105.3 |
| 3 | PLD | Prologis, Inc. | Real Estate | 6.58% | $2.44B | $122.24B | 27.7 |
| 4 | EQIX | Equinix, Inc. | Real Estate | 5.93% | $2.20B | $97.29B | 63.4 |
| 5 | AMT | American Tower Corporation | Real Estate | 4.40% | $1.63B | $86.33B | 25.5 |
| 6 | SPG | Simon Property Group, Inc. | Real Estate | 3.78% | $1.40B | $77.99B | 14.5 |
| 7 | DLR | Digital Realty Trust, Inc. | Real Estate | 3.53% | $1.31B | $66.46B | 85.4 |
| 8 | O | Realty Income Corporation | Real Estate | 2.97% | $1.10B | $53.06B | 40.6 |
| 9 | PSA | Public Storage | Real Estate | 2.80% | $1.04B | $55.74B | 28.5 |
| 10 | EQR | Equity Residential | Real Estate | 2.49% | $924.8M | — | — |
| 11 | VTR | Ventas, Inc. | Real Estate | 2.44% | $905.6M | $44.04B | 159.0 |
| 12 | CBRE | CBRE Group, Inc. | Real Estate | 2.22% | $821.7M | $38.54B | 30.5 |
| 13 | IRM | Iron Mountain Incorporated | Real Estate | 1.84% | $684.2M | $33.49B | 80.4 |
| 14 | CCI | Crown Castle Inc. | Real Estate | 1.73% | $641.5M | $35.00B | 33.4 |
| 15 | EXR | Extra Space Storage Inc. | Real Estate | 1.54% | $569.4M | $30.81B | 30.8 |
| 16 | VICI | VICI Properties Inc. | Real Estate | 1.46% | $539.9M | $25.99B | 9.2 |
| 17 | ESS | Essex Property Trust, Inc. | Real Estate | 0.97% | $360.8M | $18.57B | 41.9 |
| 18 | SBAC | SBA Communications Corporation | Real Estate | 0.92% | $340.8M | $19.84B | 20.2 |
| 19 | HST | Host Hotels & Resorts, Inc. | Real Estate | 0.88% | $325.4M | $16.65B | 16.2 |
| 20 | KIM | Kimco Realty Corporation | Real Estate | 0.82% | $304.2M | $15.37B | 27.0 |
| 21 | INVH | Invitation Homes Inc. | Real Estate | 0.81% | $300.7M | $15.99B | 24.8 |
| 22 | WPC | W. P. Carey Inc. | Real Estate | 0.81% | $300.4M | $14.84B | 22.3 |
| 23 | JLL | Jones Lang LaSalle Incorporated | Real Estate | 0.80% | $298.2M | $14.06B | 14.7 |
| 24 | WY | Weyerhaeuser Company | Real Estate | 0.79% | $293.5M | $14.13B | 30.2 |
| 25 | DOC | Healthpeak Properties, Inc. | Real Estate | 0.78% | $288.8M | $13.46B | 54.2 |
| 26 | MAA | Mid-America Apartment Communities, Inc. | Real Estate | 0.77% | $285.9M | $13.92B | 34.1 |
| 27 | OHI | Omega Healthcare Investors, Inc. | Real Estate | 0.76% | $281.7M | $14.39B | 16.3 |
| 28 | SUI | Sun Communities, Inc. | Real Estate | 0.75% | $277.6M | $14.92B | 89.5 |
| 29 | LAMR | Lamar Advertising Company | Real Estate | 0.73% | $270.9M | $15.24B | 27.4 |
| 30 | REG | Regency Centers Corporation | Real Estate | 0.70% | $257.9M | $13.69B | 24.7 |
| 31 | GLPI | Gaming and Leisure Properties, Inc. | Real Estate | 0.60% | $223.2M | $11.76B | 11.5 |
| 32 | ELS | Equity LifeStyle Properties, Inc. | Real Estate | 0.60% | $223.0M | $12.27B | 29.6 |
| 33 | CSGP | CoStar Group, Inc. | Real Estate | 0.60% | $222.4M | $13.09B | 179.5 |
| 34 | EGP | EastGroup Properties, Inc. | Real Estate | 0.57% | $212.2M | $10.56B | 34.5 |
| 35 | AMH | American Homes 4 Rent | Real Estate | 0.55% | $204.3M | $12.82B | 24.8 |
| 36 | AHR | American Healthcare REIT, Inc. | Real Estate | 0.55% | $203.0M | $11.60B | 79.4 |
| 37 | UDR | UDR, Inc. | Real Estate | 0.54% | $200.0M | $12.59B | 21.7 |
| 38 | BXP | BXP, Inc. | Real Estate | 0.52% | $192.6M | $10.71B | 31.8 |
| 39 | CPT | Camden Property Trust | Real Estate | 0.51% | $190.1M | $9.91B | 32.5 |
| 40 | CUBE | CubeSmart | Real Estate | 0.50% | $184.3M | $8.83B | 26.7 |
| 41 | FRT | Federal Realty Investment Trust | Real Estate | 0.49% | $180.6M | $9.29B | 21.5 |
| 42 | REXR | Rexford Industrial Realty, Inc. | Real Estate | 0.47% | $176.0M | $8.42B | — |
| 43 | CTRE | CareTrust REIT, Inc. | Real Estate | 0.47% | $173.8M | $8.64B | 22.8 |
| 44 | BRX | Brixmor Property Group Inc. | Real Estate | 0.45% | $166.1M | $8.49B | 19.8 |
| 45 | FR | First Industrial Realty Trust, Inc. | Real Estate | 0.44% | $161.6M | $8.05B | 21.4 |
| 46 | ARE | Alexandria Real Estate Equities, Inc. | Real Estate | 0.43% | $161.2M | $7.16B | — |
| 47 | ADC | Agree Realty Corporation | Real Estate | 0.43% | $161.2M | $8.36B | 36.0 |
| 48 | NNN | NNN REIT Inc | Real Estate | 0.43% | $158.4M | $7.97B | 20.6 |
| 49 | RHP | Ryman Hospitality Properties, Inc. | Real Estate | 0.41% | $152.1M | $8.69B | 30.7 |
| 50 | STAG | STAG Industrial, Inc. | Real Estate | 0.40% | $149.0M | $7.05B | 27.6 |
| 51 | TRNO | Terreno Realty Corporation | Real Estate | 0.38% | $141.7M | $6.98B | 17.2 |
| 52 | MAC | The Macerich Company | Real Estate | 0.35% | $130.2M | $6.77B | — |
| 53 | COMP | Compass, Inc. | Real Estate | 0.35% | $129.2M | $7.01B | 152.2 |
| 54 | HR | Healthcare Realty Trust Incorporated | Real Estate | 0.33% | $121.1M | $6.07B | — |
| 55 | VNO | Vornado Realty Trust | Real Estate | 0.32% | $119.2M | $6.52B | 823.2 |
| 56 | EPRT | Essential Properties Realty Trust, Inc. | Real Estate | 0.30% | $112.8M | $5.66B | 20.2 |
| 57 | SBRA | Sabra Health Care REIT, Inc. | Real Estate | 0.29% | $109.1M | $4.94B | 77.4 |
| 58 | RYN | Rayonier Inc. | Real Estate | 0.29% | $109.0M | $5.68B | 41.3 |
| 59 | KRG | Kite Realty Group Trust | Real Estate | 0.29% | $106.3M | $5.05B | 15.4 |
| 60 | PECO | Phillips Edison & Company, Inc. | Real Estate | 0.27% | $99.6M | $5.40B | 33.5 |
| 61 | CUZ | Cousins Properties Incorporated | Real Estate | 0.25% | $94.3M | $4.55B | 691.0 |
| 62 | OUT | Outfront Media Inc. | Real Estate | 0.25% | $92.8M | $5.35B | 21.9 |
| 63 | EPR | EPR Properties | Real Estate | 0.24% | $89.7M | $4.27B | 17.9 |
| 64 | COLD | Americold Realty Trust, Inc. | Real Estate | 0.23% | $86.8M | $3.96B | — |
| 65 | SKT | Tanger Factory Outlet Centers, Inc. | Real Estate | 0.23% | $83.5M | $4.24B | 32.5 |
| 66 | Z | Zillow Group, Inc | Communication Services | 0.22% | $83.0M | $6.93B | 134.0 |
| 67 | CDP | COPT Defense Properties | Real Estate | 0.22% | $81.9M | $3.86B | 23.1 |
| 68 | MRP | Millrose Properties, Inc. | Real Estate | 0.22% | $80.9M | $3.74B | 7.8 |
| 69 | APLE | Apple Hospitality REIT, Inc. | Real Estate | 0.21% | $78.0M | $4.03B | 23.0 |
| 70 | LXP | LXP Industrial Trust | Real Estate | 0.21% | $76.6M | $3.60B | 60.5 |
| 71 | BNL | Broadstone Net Lease, Inc. | Real Estate | 0.20% | $74.8M | $3.86B | 23.9 |
| 72 | GEI | SL Green Realty Corp | Real Estate | 0.20% | $73.3M | — | — |
| 73 | IRT | Independence Realty Trust, Inc. | Real Estate | 0.20% | $73.1M | $3.57B | 82.1 |
| 74 | KRC | Kilroy Realty Corporation | Real Estate | 0.19% | $70.5M | $4.09B | 24.4 |
| 75 | PK | Park Hotels & Resorts Inc. | Real Estate | 0.18% | $65.7M | $3.20B | — |
| 76 | HIW | Highwoods Properties, Inc. | Real Estate | 0.17% | $64.7M | $3.30B | 19.4 |
| 77 | NHI | National Health Investors, Inc. | Real Estate | 0.17% | $64.3M | $3.26B | 19.2 |
| 78 | JOE | The St. Joe Company | Real Estate | 0.15% | $56.0M | $3.89B | 32.1 |
| 79 | CURB | Curbline Properties Corp. | Real Estate | 0.15% | $55.5M | $3.05B | 94.7 |
| 80 | CWK | Cushman & Wakefield plc | Real Estate | 0.15% | $55.3M | $2.65B | 39.0 |
| 81 | DRH | DiamondRock Hospitality Company | Real Estate | 0.14% | $53.5M | $2.76B | 18.6 |
| 82 | AKR | Acadia Realty Trust | Real Estate | 0.14% | $53.2M | $2.71B | 54.7 |
| 83 | HHH | Howard Hughes Holdings Inc. | Real Estate | 0.14% | $50.5M | $4.10B | 13.9 |
| 84 | LINE | Lineage, Inc. | Real Estate | 0.14% | $50.3M | $8.34B | — |
| 85 | UE | Urban Edge Properties | Real Estate | 0.13% | $49.8M | $2.68B | 36.8 |
| 86 | FCPT | Four Corners Property Trust, Inc. | Real Estate | 0.13% | $48.1M | $2.41B | 20.0 |
| 87 | IVT | InvenTrust Properties Corp. | Real Estate | 0.13% | $47.2M | $2.34B | 158.3 |
| 88 | PEB | Pebblebrook Hotel Trust | Real Estate | 0.12% | $45.3M | $2.19B | — |
| 89 | LB | LandBridge Company LLC | Energy | 0.12% | $45.3M | $6.39B | 72.2 |
| 90 | LTC | LTC Properties, Inc. | Real Estate | 0.12% | $45.2M | $2.35B | 15.6 |
| 91 | SHO | Sunstone Hotel Investors, Inc. | Real Estate | 0.11% | $41.2M | $2.20B | 56.3 |
| 92 | NMRK | Newmark Group, Inc. | Real Estate | 0.10% | $38.1M | $2.90B | 15.0 |
| 93 | NTST | NETSTREIT Corp. | Real Estate | 0.10% | $37.6M | $1.75B | 122.8 |
| 94 | OPEN | Opendoor Technologies Inc. | Real Estate | 0.10% | $36.9M | $2.04B | — |
| 95 | SMA | SmartStop Self Storage REIT, Inc. | Real Estate | 0.10% | $35.6M | $1.96B | 64.5 |
| 96 | GNL | Global Net Lease, Inc. | Real Estate | 0.10% | $35.5M | $1.72B | — |
| 97 | GTY | Getty Realty Corp. | Real Estate | 0.09% | $34.5M | $1.76B | 17.2 |
| 98 | IIPR | Innovative Industrial Properties, Inc. | Real Estate | 0.09% | $33.5M | $1.44B | 11.9 |
| 99 | XHR | Xenia Hotels & Resorts, Inc. | Real Estate | 0.09% | $33.3M | $1.87B | — |
| 100 | DEI | Douglas Emmett, Inc. | Real Estate | 0.09% | $31.6M | $1.96B | — |
| 101 | DHC | Diversified Healthcare Trust | Real Estate | 0.09% | $31.6M | $1.84B | — |
| 102 | RLJ | RLJ Lodging Trust | Real Estate | 0.08% | $31.2M | $1.78B | — |
| 103 | UMH | UMH Properties, Inc. | Real Estate | 0.07% | $25.8M | $1.30B | 127.0 |
| 104 | ZG | Zillow Group, Inc | Communication Services | 0.06% | $23.7M | $7.17B | 138.6 |
| 105 | PDM | Piedmont Office Realty Trust, Inc. | Real Estate | 0.06% | $22.3M | $1.14B | — |
| 106 | AAT | American Assets Trust, Inc. | Real Estate | 0.06% | $22.1M | $1.65B | 73.4 |
| 107 | MPT | Medical Properties Trust, Inc. | Real Estate | 0.06% | $22.1M | $1.80B | — |
| 108 | CBL | CBL & Associates Properties, Inc. | Real Estate | 0.06% | $20.7M | $1.53B | 7.2 |
| 109 | DEA | Easterly Government Properties, Inc. | Real Estate | 0.06% | $20.6M | $1.07B | 114.8 |
| 110 | CSR | Centerspace | Real Estate | 0.05% | $18.6M | $991.8M | 44.5 |
| 111 | SVC | Service Properties Trust | Real Estate | 0.04% | $16.6M | $796.5M | — |
| 112 | CTO | CTO Realty Growth, Inc. | Real Estate | 0.04% | $14.1M | $770.0M | 15.0 |
| 113 | MMI | Marcus & Millichap, Inc. | Real Estate | 0.04% | $13.6M | $1.06B | 75.8 |
| 114 | INN | Summit Hotel Properties, Inc. | Real Estate | 0.04% | $13.2M | $705.4M | — |
| 115 | GOOD | Gladstone Commercial Corporation | Real Estate | 0.04% | $13.1M | $608.9M | 49.9 |
| 116 | HPP | Hudson Pacific Properties, Inc. | Real Estate | 0.04% | $13.1M | $559.0M | — |
| 117 | ESRT | Empire State Realty Trust, Inc. | Real Estate | 0.03% | $12.2M | $1.42B | 231.0 |
| 118 | CLDT | Chatham Lodging Trust | Real Estate | 0.03% | $11.9M | $688.0M | 175.6 |
| 119 | JBGS | JBG SMITH Properties | Real Estate | 0.03% | $11.7M | $861.1M | — |
| 120 | SAFE | Safehold Inc. | Real Estate | 0.03% | $10.9M | $803.1M | 7.0 |
| 121 | ALX | Alexander's, Inc. | Real Estate | 0.03% | $10.7M | $1.19B | 7.1 |
| 122 | FOR | Forestar Group Inc. | Real Estate | 0.03% | $10.7M | $1.31B | 7.7 |
| 123 | UHT | Universal Health Realty Income Trust | Real Estate | 0.03% | $10.2M | $530.2M | 27.4 |
| 124 | AHH | Armada Hflr Pr | Real Estate | 0.03% | $9.9M | — | — |
| 125 | BDN | Brandywine Realty Trust | Real Estate | 0.03% | $9.5M | $454.2M | — |
| 126 | FPI | Farmland Partners Inc. | Real Estate | 0.03% | $9.4M | $454.6M | 20.3 |
| 127 | 3UN0 | Global Medical REIT Inc. | Real Estate | 0.02% | $8.7M | — | — |
| 128 | ILPT | Industrial Logistics Properties Trust | Real Estate | 0.02% | $8.5M | $455.2M | — |
| 129 | CHCT | Community Healthcare Trust Incorporated | Real Estate | 0.02% | $8.4M | $379.4M | 20.4 |
| 130 | LAND | Gladstone Land Corporation | Real Estate | 0.02% | $8.2M | $400.3M | — |
| 131 | BFS | Saul Centers, Inc. | Real Estate | 0.02% | $8.1M | $1.02B | 30.1 |
| 132 | NXRT | NexPoint Residential Trust, Inc. | Real Estate | 0.02% | $7.8M | $948.0M | — |
| 133 | OLP | One Liberty Properties, Inc. | Real Estate | 0.02% | $7.6M | $484.7M | 14.0 |
| 134 | TRC | Tejon Ranch Co. | Industrials | 0.02% | $7.2M | $441.5M | 74.3 |
| 135 | AGNT | eXp World Holdings, Inc. | Real Estate | 0.02% | $6.4M | $640.1M | — |
| 136 | RMR | The RMR Group Inc. | Real Estate | 0.02% | $5.7M | $312.9M | 15.9 |
| 137 | AIV | Apartment Investment and Management Company | Real Estate | 0.01% | $5.4M | $262.3M | 8.9 |
| 138 | SEG | Seaport Entertainment Group Inc. | Real Estate | 0.01% | $3.6M | $291.7M | — |
| 139 | SITC | SITE Centers Corp. | Real Estate | 0.01% | $3.5M | $180.0M | 1.4 |
Weights as a percentage of net assets. Value held = weight × net assets ($37.09B). Market cap and P/E from each company's latest fundamentals (U.S.-listed stocks).
VNQ sector breakdown
| Sector | Weight | Holdings | Largest |
|---|---|---|---|
| Real Estate | 84.7% | 134 | WELL, PLD, EQIX |
| Other | 14.3% | 1 | VRTPX |
| Communication Services | 0.3% | 2 | Z, ZG |
| Energy | 0.1% | 1 | LB |
| Industrials | 0.0% | 1 | TRC |
Sum of the weights of the holdings in each sector.
VNQ top industries
REIT - Specialty
21.3%
REIT - Healthcare Facilities
15.4%
REIT - Industrial
14.5%
REIT - Retail
12.5%
REIT - Residential
8.6%
Real Estate Services
4.4%
REIT - Diversified
2.8%
REIT - Office
2.4%
REIT - Hotel & Motel
2.3%
Internet Content & Information
0.3%
REIT-Office
0.2%
Real Estate - Development
0.2%
Real Estate - Diversified
0.2%
Oil & Gas E&P
0.1%
Conglomerates
0.0%
VNQ overlap with other ETFs
| ETF | Fund | Overlap | Shared holdings | Expense ratio |
|---|---|---|---|---|
| FREL | Fidelity MSCI Real Estate ETF | 84.2% | 120 of 123 | 0.08% |
| SCHH | Schwab U.S. REIT ETF | 78.2% | 113 of 117 | 0.06% |
| DFAR | DFA Investment Dimensions Group | 76.8% | 109 of 119 | 0.18% |
| DFGR | Dimensional Gloabl Real Estate ETF | 74.9% | 109 of 390 | 0.22% |
| AVRE | Avantis Real Estate ETF | 70.1% | 81 of 303 | 0.17% |
| REET | iShares Global REIT ETF | 66.6% | 89 of 311 | 0.13% |
Overlap = sum over shared holdings of the smaller of the two weights. 100% means identical portfolios.
About the VNQ portfolio
Vanguard Real Estate ETF holds 139 positions. The ten largest make up 56.0% of the fund and the top 50 88.5%, so it behaves like a portfolio of about 21 equally weighted stocks. The biggest positions are Vanguard REIT II Index Fund Institutional Plus Shares (14.27%), Welltower Inc. (9.26%), Prologis, Inc. (6.58%), Equinix, Inc. (5.93%), American Tower Corporation (4.40%).
By sector, Real Estate is 84.7%, Other is 14.3%, Communication Services is 0.3%. Holdings data is from the fund's latest portfolio as reported by EODHD on October 25, 2026; positions change as the fund rebalances.
Related: VNQ chart, VNQ performance, VNQ dividends, VNQ valuation, VNQ overview.
VNQ holdings FAQ
How many holdings does VNQ have?
VNQ holds 139 positions as of October 25, 2026.
What are the top 10 holdings of VNQ?
The ten largest holdings are Vanguard REIT II Index Fund Institutional Plus Shares (14.27%), Welltower Inc. (9.26%), Prologis, Inc. (6.58%), Equinix, Inc. (5.93%), American Tower Corporation (4.40%), Simon Property Group, Inc. (3.78%), Digital Realty Trust, Inc. (3.53%), Realty Income Corporation (2.97%), Public Storage (2.80%), Equity Residential (2.49%). Together they are 56.0% of the fund.
What percentage of VNQ is Vanguard REIT II Index Fund Institutional Plus Shares?
Vanguard REIT II Index Fund Institutional Plus Shares is the largest holding at 14.27% of net assets, about $5.29B of the fund's $37.09B.
Which sector is the largest in VNQ?
Real Estate is the largest sector at 84.7%, followed by Other (14.3%) and Communication Services (0.3%), based on the sectors of the individual holdings.
How concentrated is VNQ?
The top 10 holdings are 56.0% of the fund. By the effective number of holdings (1 divided by the sum of squared weights) VNQ behaves like a portfolio of about 21 equally weighted stocks.