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Launched · SEC filings

Vanguard Global ex-U.S. Real Estate ETF

VNQINasdaqA

$42.04+0.06 (+0.14%)

At close: Oct 13, 2026, 4:00 PM

A76/ 100

Rank 3 of 18 in Global & International Real Estate

A76/100Rank 3 of 18inGlobal & International Real Estate
Intraday session: up, 79 prints from 41.98 to 42.04. Range 41.96 to 42.25. Use the arrow keys to read each point.42.1042.1542.2042.2510 AM12 PM2 PM4 PM
Expense ratio
0.12%
Fund size
$3.8B
1Y total return
−5.8%
Yield · Last 12 months
5.14%
Holdings
733
Avg volume · 30D
0.3M sh
NAV per share
$41.88
52W range
low $41.53high $50.88
Launched
Filings
SEC EDGAR

The ETF.net VNQI Grade

A

Score 76 out of 100

Category
Global & International Real Estate⁠
Rank
3 of 18
Six-pillar profile for VNQI. Scores out of 100: Cost 94, Risk 42, Mission 84, Tradability 62, Holdings 91, Durability 91. Strongest: Cost (94). Weakest: Risk (42). No single pillar leads.

Score 76 of 100 falls in the A band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    A94 out of 100
    Rank 2 of 18

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A84 out of 100
    Rank 5 of 8

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C42 out of 100
    Rank 12 of 18

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    B62 out of 100
    Rank 4 of 18

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    A91 out of 100
    Rank 2 of 18

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A91 out of 100
    Rank 2 of 18

Our read on VNQI

ETF.net Research

AEverything outside the US property market in one ticker: roughly 700 REITs, landlords and developers across 30-plus countries, developed and emerging, for 0.12% a year.

Stated mandate

The Fund seeks to track the S&P Global ex-U.S. Property Index, an index of international real estate stocks in developed and emerging markets. It generally uses full replication and invests at least 80% of assets in index securities.

Why people hold it

  1. 01At 0.12% a year, it costs about a quarter of the typical global real estate fund and lands within two basis points of the cheapest in its peer group (HAUZ, 0.10%).
  2. 02Full replication across roughly 700 names in more than 30 countries, so no single Tokyo landlord or Sydney mall owner carries the portfolio.investor.vanguard.com
  3. 03The benchmark reaches past pure REITs into companies that own, manage and develop property, which is how it covers markets where the REIT structure barely exists.eu.spindices.com
  4. 04Trading since 2010 and one of the tighter index trackers in its cohort, which is the whole job for a fund like this.

Worth knowing

  1. 01Currency exposure is unhedged, so moves in the dollar against the yen, euro and other local currencies feed straight into results.fund-docs.vanguard.com
  2. 02Emerging markets and China-linked property companies are in the mix, a risk set the prospectus calls out separately from developed-market investing.fund-docs.vanguard.com
  3. 03Distributions land annually or semiannually rather than monthly, so the income arrives in lumps.

VNQI Holdings

As of Oct 11, 2026
Asset class
Stocks
Holdings
733
Top-10 weight
22%
Largest holding
GMG.AX3.9%

Sectors

  • Real Estate98.4%
  • Industrials0.6%
  • Consumer Discretionary0.6%
  • Financials0.4%
  • Technology0.0%
  • Health Care0.0%

Geography

  • Japan21.74%
  • Australia10.86%
  • Hong Kong8.35%
  • United Kingdom7.48%
  • Singapore6.05%
  • China4.63%
  • India3.80%
  • France3.41%
  • Other countries (32)33.69%

Developed 73% · Emerging 27% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 49.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001GMG.AXGoodman Group3.90%7,477,993$148M101
0028802.TMitsubishi Estate Co Ltd2.76%4,451,578$105M113
0038801.TMitsui Fudosan Co Ltd2.51%10,078,235$95M110
0040016.HKSun Hung Kai Properties Ltd2.18%5,616,613$83M125
0058830.TSumitomo Realty & Development Co Ltd1.87%3,423,368$71M107
006VNA.FVonovia SE1.82%3,103,173$69M13
007EMAAR.AEEmaar Properties PJSC1.73%22,634,357$66M91
0081925.TDaiwa House Industry Co Ltd1.71%2,220,105$65M118
009SGRO.LSegro PLC1.68%4,950,599$64M91
010—SLBBH11421.52%577,234$58M39
011URW.PAUnibail-Rodamco-Westfield1.33%445,994$50M91
012SCG.AXScentre Group1.29%19,111,156$49M101
0130823.HKLink REIT1.23%9,502,051$47M94
014SPSN.SWSwiss Prime Site AG1.19%293,760$45M93
0151113.HKCK Asset Holdings Ltd1.09%7,173,127$41M118

Showing 1–15 of 733 holdings

VNQI Performance

Launched Nov 1, 2010

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

VNQI$9,420
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$12,044
Oct 10, 2025 to Oct 12, 2026. VNQI $9,420. SPY $12,044. Use the arrow keys to read each point.$9,168$10,720$12,273Oct 2025Apr 2026Oct 2026

Oct 10, 2025 – Oct 12, 2026

Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for VNQI. Periods over one year show the average yearly return.
PeriodVNQI
Year to date−8.4%
1 month−4.8%
3 months−7.8%
1 year−5.8%
3 yearsper year+7.4%
5 yearsper year−1.9%
10 yearsper year+1.8%

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for VNQI
YearReturn barVNQI
2026 YTD−8.4%
2025+21.4%
2024−2.3%
2023+7.0%
2022−22.9%
2021+5.9%
2020−7.2%

VNQI in the news

VNQI Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 12, 2026.
5.14%Last 12 months
Payout per share
$2.16Last 12 months
Last payment
$2.16 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Annual

Distribution history

2017–2026

One bar per payment. 17 payments from 2017 to 2026 YTD. Jun 28, 2017 $0.28; Sep 27, 2017 $0.18; Dec 19, 2017 $1.88; Mar 26, 2018 $0.08; Jun 28, 2018 $0.73; Sep 26, 2018 $0.25; Dec 24, 2018 $1.37; Jun 17, 2019 $0.41; Sep 24, 2019 $0.42; Dec 18, 2019 $3.65; Dec 21, 2020 $0.51; Sep 24, 2021 $0.60; Dec 21, 2021 $2.89; Dec 19, 2022 $0.24; Dec 18, 2023 $1.59; Dec 20, 2024 $2.04; Dec 19, 2025 $2.16. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Dec 19, 2025Dec 23, 2025$2.16
Dec 20, 2024Dec 24, 2024$2.04
Dec 18, 2023Dec 21, 2023$1.59
Dec 19, 2022Dec 22, 2022$0.24
Dec 21, 2021Dec 27, 2021$2.89
Sep 24, 2021Sep 29, 2021$0.60
Dec 21, 2020Dec 24, 2020$0.51
Dec 18, 2019Dec 23, 2019$3.65
Sep 24, 2019Sep 27, 2019$0.42
Jun 17, 2019Jun 20, 2019$0.41
Dec 24, 2018Dec 28, 2018$1.37
Sep 26, 2018Oct 1, 2018$0.25

VNQI Risk

How much the fund’s monthly returns vary, scaled to a year.
16.1%
Annualised · 36 months to Sep 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.26
vs 3-month T-bills · to Sep 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−33.4%
Trough Oct 2022
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.95
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

VNQI Cost

Expense ratio0.12%
  • The middle half of Global & International Real Estate funds
  • Median 0.50%

1 of the 18 Global & International Real Estate funds charge less.

VNQI costs $12.00 a year on $10,000. The median Global & International Real Estate fund costs $50.00.

Other funds in Global & International Real Estate

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