Vanguard Real Estate ETF (VNQ)
Vanguard Real Estate ETF (VNQ) is an exchange-traded fund (ETF) that tracks the investment results of the MSCI US REIT (Real Estate Investment Trust) Index, which is a benchmark index for the U.S. real estate market. The index is designed to measure the performance of publicly traded real estate investment trusts (REITs) and other real estate-related investments listed on U.S. stock exchanges.
VNQ is a passive ETF, which means it seeks to replicate the performance of the underlying index rather than actively selecting individual stocks. As a result, the fund has a low expense ratio of 0.12%, significantly lower than the average expense ratio of actively managed ETFs.
The fund is managed by Vanguard, one of the largest asset managers in the world. VNQ is a popular choice for investors looking to gain exposure to the real estate market in a low-cost, diversified manner.
ETF Info
US9229085538
922908553
Sep 23, 2004
North America (U.S.)
1x
MSCI US REIT Index
Multi-Cap
Blend
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Vanguard Real Estate ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Vanguard Real Estate ETF had a return of 10.50% year-to-date (YTD) and 24.89% in the last 12 months. Over the past 10 years, Vanguard Real Estate ETF had an annualized return of 6.01%, while the S&P 500 had an annualized return of 11.13%, indicating that Vanguard Real Estate ETF did not perform as well as the benchmark.
VNQ
10.50%
-0.82%
15.80%
24.89%
4.61%
6.01%
^GSPC (Benchmark)
24.05%
1.08%
11.50%
30.38%
13.77%
11.13%
Monthly Returns
The table below presents the monthly returns of VNQ, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -5.06% | 1.98% | 1.95% | -7.94% | 4.56% | 1.88% | 7.94% | 5.22% | 3.27% | -3.36% | 10.50% | ||
| 2023 | 10.40% | -5.86% | -2.16% | 0.31% | -3.96% | 5.63% | 2.03% | -3.38% | -7.26% | -3.62% | 12.08% | 9.45% | 11.85% |
| 2022 | -8.42% | -3.48% | 6.26% | -4.09% | -4.69% | -7.45% | 8.62% | -6.01% | -12.87% | 3.51% | 6.15% | -5.03% | -26.25% |
| 2021 | 0.04% | 3.43% | 5.15% | 7.86% | 0.81% | 2.64% | 4.42% | 2.15% | -5.68% | 7.13% | -2.11% | 9.71% | 40.54% |
| 2020 | 1.23% | -7.03% | -19.39% | 8.96% | 1.73% | 2.42% | 3.64% | 0.44% | -2.66% | -3.00% | 9.67% | 2.73% | -4.61% |
| 2019 | 11.85% | 0.70% | 4.22% | -0.16% | 0.14% | 1.55% | 1.70% | 3.75% | 1.93% | 1.13% | -1.30% | 0.77% | 28.91% |
| 2018 | -4.25% | -7.68% | 3.89% | 0.82% | 3.68% | 4.20% | 0.60% | 2.58% | -2.66% | -2.93% | 4.67% | -7.95% | -6.03% |
| 2017 | -0.19% | 3.51% | -2.42% | 0.24% | -0.72% | 2.23% | 1.24% | -0.26% | -0.11% | -1.07% | 2.66% | -0.15% | 4.90% |
| 2016 | -3.44% | -0.36% | 10.47% | -2.35% | 2.25% | 6.93% | 4.26% | -3.76% | -1.83% | -5.74% | -1.68% | 4.82% | 8.57% |
| 2015 | 6.85% | -3.67% | 1.73% | -5.85% | -0.30% | -4.67% | 5.77% | -6.29% | 3.06% | 5.76% | -0.63% | 1.83% | 2.43% |
| 2014 | 4.28% | 5.07% | 0.50% | 3.29% | 2.40% | 1.13% | 0.08% | 3.04% | -6.04% | 9.94% | 2.00% | 1.90% | 30.40% |
| 2013 | 3.74% | 1.22% | 2.87% | 6.73% | -5.98% | -1.98% | 0.90% | -6.98% | 3.48% | 4.52% | -5.25% | 0.10% | 2.30% |
Expense Ratio
VNQ has an expense ratio of 0.12%, which is considered low compared to other funds.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of VNQ is 46, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Vanguard Real Estate ETF (VNQ) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Vanguard Real Estate ETF provided a 3.85% dividend yield over the last twelve months, with an annual payout of $3.65 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $3.65 | $3.49 | $3.23 | $2.97 | $3.34 | $3.14 | $3.53 | $3.51 | $3.98 | $3.12 | $2.92 | $2.79 |
Dividend yield | 3.85% | 3.95% | 3.91% | 2.56% | 3.93% | 3.39% | 4.74% | 4.23% | 4.82% | 3.92% | 3.60% | 4.32% |
Monthly Dividends
The table displays the monthly dividend distributions for Vanguard Real Estate ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.73 | $0.00 | $0.00 | $1.03 | $0.00 | $0.00 | $0.81 | $0.00 | $0.00 | $2.58 | |
| 2023 | $0.00 | $0.00 | $0.77 | $0.00 | $0.00 | $0.93 | $0.00 | $0.00 | $0.73 | $0.00 | $0.00 | $1.07 | $3.49 |
| 2022 | $0.00 | $0.00 | $0.58 | $0.00 | $0.00 | $0.57 | $0.00 | $0.00 | $0.92 | $0.00 | $0.00 | $1.16 | $3.23 |
| 2021 | $0.00 | $0.00 | $0.53 | $0.00 | $0.00 | $0.73 | $0.00 | $0.00 | $0.66 | $0.00 | $0.00 | $1.05 | $2.97 |
| 2020 | $0.00 | $0.00 | $0.65 | $0.00 | $0.00 | $0.76 | $0.00 | $0.00 | $0.59 | $0.00 | $0.00 | $1.34 | $3.34 |
| 2019 | $0.00 | $0.00 | $0.62 | $0.00 | $0.00 | $0.83 | $0.00 | $0.00 | $0.74 | $0.00 | $0.00 | $0.96 | $3.14 |
| 2018 | $0.00 | $0.00 | $0.71 | $0.00 | $0.00 | $0.73 | $0.00 | $0.00 | $1.14 | $0.00 | $0.00 | $0.95 | $3.53 |
| 2017 | $0.00 | $0.00 | $0.60 | $0.00 | $0.00 | $0.80 | $0.00 | $0.00 | $0.85 | $0.00 | $0.00 | $1.26 | $3.51 |
| 2016 | $0.00 | $0.00 | $0.92 | $0.00 | $0.00 | $0.76 | $0.00 | $0.00 | $0.60 | $0.00 | $0.00 | $1.70 | $3.98 |
| 2015 | $0.00 | $0.00 | $0.51 | $0.00 | $0.00 | $0.76 | $0.00 | $0.00 | $0.75 | $0.00 | $0.00 | $1.10 | $3.12 |
| 2014 | $0.00 | $0.00 | $0.45 | $0.00 | $0.00 | $0.70 | $0.00 | $0.00 | $0.67 | $0.00 | $0.00 | $1.10 | $2.92 |
| 2013 | $0.53 | $0.00 | $0.00 | $0.63 | $0.00 | $0.00 | $0.62 | $0.00 | $0.00 | $1.01 | $2.79 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Vanguard Real Estate ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Vanguard Real Estate ETF was 73.07%, occurring on Mar 6, 2009. Recovery took 885 trading sessions.
The current Vanguard Real Estate ETF drawdown is 8.85%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -73.07% | Feb 8, 2007 | 523 | Mar 6, 2009 | 885 | Sep 7, 2012 | 1408 |
| -42.4% | Feb 24, 2020 | 21 | Mar 23, 2020 | 268 | Apr 15, 2021 | 289 |
| -34.48% | Jan 3, 2022 | 456 | Oct 25, 2023 | — | — | — |
| -17.97% | May 22, 2013 | 62 | Aug 19, 2013 | 200 | Jun 5, 2014 | 262 |
| -17.24% | Jan 28, 2015 | 154 | Sep 4, 2015 | 166 | May 4, 2016 | 320 |
Volatility
Volatility Chart
The current Vanguard Real Estate ETF volatility is 4.77%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.