VGRLX vs. VNQ
Compare and contrast key facts about Vanguard Global ex-U.S. Real Estate Index Fund Admiral Shares (VGRLX) and Vanguard Real Estate ETF (VNQ).
VGRLX is managed by Vanguard. It was launched on Feb 10, 2011. VNQ is a passively managed fund by Vanguard that tracks the performance of the MSCI US REIT Index. It was launched on Sep 23, 2004.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VGRLX or VNQ.
Key characteristics
| VGRLX | VNQ | |
|---|---|---|
| YTD Return | 7.33% | 13.99% |
| 1Y Return | 16.61% | 25.37% |
| 3Y Return (Ann) | -4.86% | 1.19% |
| 5Y Return (Ann) | -1.40% | 5.40% |
| 10Y Return (Ann) | 1.71% | 7.13% |
| Sharpe Ratio | 1.18 | 1.49 |
| Daily Std Dev | 15.23% | 18.61% |
| Max Drawdown | -38.77% | -73.07% |
| Current Drawdown | -16.52% | -5.97% |
Correlation
The correlation between VGRLX and VNQ is 0.57, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
VGRLX vs. VNQ - Performance Comparison
In the year-to-date period, VGRLX achieves a 7.33% return, which is significantly lower than VNQ's 13.99% return. Over the past 10 years, VGRLX has underperformed VNQ with an annualized return of 1.71%, while VNQ has yielded a comparatively higher 7.13% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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VGRLX vs. VNQ - Expense Ratio Comparison
Both VGRLX and VNQ have an expense ratio of 0.12%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Risk-Adjusted Performance
VGRLX vs. VNQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Global ex-U.S. Real Estate Index Fund Admiral Shares (VGRLX) and Vanguard Real Estate ETF (VNQ). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
VGRLX vs. VNQ - Dividend Comparison
VGRLX's dividend yield for the trailing twelve months is around 3.48%, less than VNQ's 3.61% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VGRLX Vanguard Global ex-U.S. Real Estate Index Fund Admiral Shares | 3.48% | 3.74% | 0.56% | 6.49% | 0.92% | 7.76% | 4.62% | 3.86% | 5.17% | 2.84% | 4.08% | 3.27% |
VNQ Vanguard Real Estate ETF | 3.61% | 3.95% | 3.91% | 2.56% | 3.93% | 3.39% | 4.74% | 4.23% | 4.82% | 3.92% | 3.60% | 4.32% |
Drawdowns
VGRLX vs. VNQ - Drawdown Comparison
The maximum VGRLX drawdown since its inception was -38.77%, smaller than the maximum VNQ drawdown of -73.07%. Use the drawdown chart below to compare losses from any high point for VGRLX and VNQ. For additional features, visit the drawdowns tool.
Volatility
VGRLX vs. VNQ - Volatility Comparison
Vanguard Global ex-U.S. Real Estate Index Fund Admiral Shares (VGRLX) has a higher volatility of 3.40% compared to Vanguard Real Estate ETF (VNQ) at 3.09%. This indicates that VGRLX's price experiences larger fluctuations and is considered to be riskier than VNQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.