VGRNX vs. VNQI
Compare and contrast key facts about Vanguard Global ex-U.S. Real Estate Index Fund Institutional Shares (VGRNX) and Vanguard Global ex-U.S. Real Estate ETF (VNQI).
VGRNX is managed by Vanguard. It was launched on Apr 19, 2011. VNQI is a passively managed fund by Vanguard that tracks the performance of the S&P Global ex-U.S. Property Index. It was launched on Nov 1, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VGRNX or VNQI.
Correlation
The correlation between VGRNX and VNQI is 0.94, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
VGRNX vs. VNQI - Performance Comparison
Key characteristics
VGRNX:
0.46
VNQI:
0.45
VGRNX:
0.74
VNQI:
0.73
VGRNX:
1.09
VNQI:
1.08
VGRNX:
0.21
VNQI:
0.23
VGRNX:
0.85
VNQI:
0.93
VGRNX:
6.72%
VNQI:
6.63%
VGRNX:
12.47%
VNQI:
13.61%
VGRNX:
-38.77%
VNQI:
-38.35%
VGRNX:
-21.99%
VNQI:
-21.73%
Returns By Period
The year-to-date returns for both stocks are quite close, with VGRNX having a 2.75% return and VNQI slightly lower at 2.68%. Both investments have delivered pretty close results over the past 10 years, with VGRNX having a 0.65% annualized return and VNQI not far behind at 0.64%.
VGRNX
2.75%
2.96%
-3.95%
4.75%
-3.88%
0.65%
VNQI
2.68%
3.46%
-3.63%
5.32%
-3.82%
0.64%
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VGRNX vs. VNQI - Expense Ratio Comparison
VGRNX has a 0.11% expense ratio, which is lower than VNQI's 0.12% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
VGRNX vs. VNQI — Risk-Adjusted Performance Rank
VGRNX
VNQI
VGRNX vs. VNQI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Global ex-U.S. Real Estate Index Fund Institutional Shares (VGRNX) and Vanguard Global ex-U.S. Real Estate ETF (VNQI). 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
VGRNX vs. VNQI - Dividend Comparison
VGRNX's dividend yield for the trailing twelve months is around 5.07%, which matches VNQI's 5.02% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VGRNX Vanguard Global ex-U.S. Real Estate Index Fund Institutional Shares | 5.07% | 5.21% | 3.76% | 0.58% | 6.50% | 0.94% | 7.64% | 4.64% | 3.87% | 5.19% | 2.86% | 4.13% |
VNQI Vanguard Global ex-U.S. Real Estate ETF | 5.02% | 5.16% | 3.74% | 0.57% | 6.48% | 0.93% | 7.57% | 4.62% | 3.86% | 5.18% | 2.86% | 4.11% |
Drawdowns
VGRNX vs. VNQI - Drawdown Comparison
The maximum VGRNX drawdown since its inception was -38.77%, roughly equal to the maximum VNQI drawdown of -38.35%. Use the drawdown chart below to compare losses from any high point for VGRNX and VNQI. For additional features, visit the drawdowns tool.
Volatility
VGRNX vs. VNQI - Volatility Comparison
The current volatility for Vanguard Global ex-U.S. Real Estate Index Fund Institutional Shares (VGRNX) is 2.35%, while Vanguard Global ex-U.S. Real Estate ETF (VNQI) has a volatility of 2.72%. This indicates that VGRNX experiences smaller price fluctuations and is considered to be less risky than VNQI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.