VNQ vs. UIFS.L

Last updated Jun 13, 2026

VNQ (Vanguard Real Estate ETF) and UIFS.L (iShares S&P 500 Financials Sector UCITS ETF USD (Acc)) are both exchange-traded funds - VNQ is a REIT fund tracking the MSCI US Investable Market Real Estate 25/50 Index, while UIFS.L is a Financials Equities fund tracking the S&P 500 Capped 35/20 Financials Index. Both are passively managed. Over the past 10 years, VNQ returned 5.65%/yr vs 12.93%/yr for UIFS.L. At a 0.29 correlation, their price movements are largely independent. VNQ charges 0.13%/yr vs 0.15%/yr for UIFS.L.

Performance

VNQ vs. UIFS.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Real Estate ETF (VNQ) and iShares S&P 500 Financials Sector UCITS ETF USD (Acc) (UIFS.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

VNQ is traded in USD, while UIFS.L is traded in GBp. To make them comparable, the UIFS.L values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, VNQ achieves a 12.51% return, which is significantly higher than UIFS.L's -2.75% return. Over the past 10 years, VNQ has underperformed UIFS.L with an annualized return of 5.65%, while UIFS.L has yielded a comparatively higher 12.93% annualized return.

VNQ

• 1D: 0.92%
• 1M: 2.73%
• YTD: 12.51%
• 6M: 12.32%
• 1Y: 12.92%
• 3Y*: 10.14%
• 5Y*: 2.55%
• 10Y*: 5.65%

UIFS.L

• 1D: 1.81%
• 1M: 4.59%
• YTD: -2.75%
• 6M: -1.92%
• 1Y: 6.14%
• 3Y*: 18.49%
• 5Y*: 8.90%
• 10Y*: 12.93%

*Multi-year figures are annualized to reflect compound growth (CAGR)

VNQ vs. UIFS.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VNQ Vanguard Real Estate ETF	12.51%	3.24%	4.81%	11.85%	-26.25%	40.54%	-4.61%	28.91%	-6.03%	4.90%
UIFS.L iShares S&P 500 Financials Sector UCITS ETF USD (Acc)	-2.75%	15.15%	30.03%	11.72%	-11.09%	36.82%	-3.73%	32.15%	-14.53%	22.68%

Correlation

The correlation between VNQ and UIFS.L is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.35
Correlation (3Y) Calculated over the trailing 3-year period	0.36
Correlation (5Y) Calculated over the trailing 5-year period	0.38
Correlation (10Y) Calculated over the trailing 10-year period	0.28
Correlation (All Time) Calculated using the full available price history since Nov 20, 2015	0.29

The correlation between VNQ and UIFS.L shifts across timeframes, from 0.28 (10 years) to 0.38 (5 years), reflecting how their relationship changes across market environments.

VNQ vs. UIFS.L - Sectors Allocation Comparison

Sectors	VNQ	UIFS.L
Real Estate	97.3%	-
Basic Materials	1.1%	-
Communication Services	0.6%	-
Technology	0.3%	1.7%
Energy	0.1%	-
Financial Services	0.1%	98.0%
Industrials	0.0%	0.2%
Consumer Cyclical	-	-
Consumer Defensive	-	-
Healthcare	-	-
Utilities	-	-

Return for Risk

VNQ vs. UIFS.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

VNQ

VNQ Risk / Return Rank: 32
VNQ Sharpe Ratio Rank: 30
VNQ Sortino Ratio Rank: 28
VNQ Omega Ratio Rank: 28
VNQ Calmar Ratio Rank: 35
VNQ Martin Ratio Rank: 36

UIFS.L

UIFS.L Risk / Return Rank: 18
UIFS.L Sharpe Ratio Rank: 20
UIFS.L Sortino Ratio Rank: 18
UIFS.L Omega Ratio Rank: 18
UIFS.L Calmar Ratio Rank: 18
UIFS.L Martin Ratio Rank: 17

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

VNQ vs. UIFS.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Real Estate ETF (VNQ) and iShares S&P 500 Financials Sector UCITS ETF USD (Acc) (UIFS.L). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	VNQ	UIFS.L	Difference
Sharpe ratio: Return per unit of total volatility	0.96	0.43	+0.53
Sortino ratio: Return per unit of downside risk	1.39	0.72	+0.67
Omega ratio: Gain probability vs. loss probability	1.17	1.08	+0.09
Calmar ratio: Return relative to maximum drawdown	1.56	0.43	+1.13
Martin ratio: Return relative to average drawdown	4.90	1.07	+3.83

VNQ vs. UIFS.L - Sharpe Ratio Comparison

The current VNQ Sharpe Ratio is 0.96, which is higher than the UIFS.L Sharpe Ratio of 0.43. The chart below compares the historical Sharpe Ratios of VNQ and UIFS.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

VNQ vs. UIFS.L - Drawdown Comparison

The maximum VNQ drawdown since its inception was -73.07%, which is greater than UIFS.L's maximum drawdown of -47.09%. Use the drawdown chart below to compare losses from any high point for VNQ and UIFS.L.

Drawdown Indicators

	VNQ	UIFS.L	Difference
Max Drawdown Largest peak-to-trough decline	-73.07%	-47.09%	-25.98%
Max Drawdown (1Y) Largest decline over 1 year	-8.34%	-14.24%	+5.90%
Max Drawdown (3Y) Largest decline over 3 years	-17.46%	-18.99%	+1.53%
Max Drawdown (5Y) Largest decline over 5 years	-34.48%	-26.75%	-7.73%
Max Drawdown (10Y) Largest decline over 10 years	-42.40%	-42.38%	-0.02%
Current Drawdown Current decline from peak	0.00%	-4.79%	+4.79%
Average Drawdown Average peak-to-trough decline	-13.61%	-12.62%	-0.99%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.65%	5.72%	-3.07%

Volatility

VNQ vs. UIFS.L - Volatility Comparison

Vanguard Real Estate ETF (VNQ) has a higher volatility of 4.72% compared to iShares S&P 500 Financials Sector UCITS ETF USD (Acc) (UIFS.L) at 4.40%. This indicates that VNQ's price experiences larger fluctuations and is considered to be riskier than UIFS.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VNQ	UIFS.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.72%	4.40%	+0.32%
Volatility (6M) Calculated over the trailing 6-month period	9.77%	10.89%	-1.12%
Volatility (1Y) Calculated over the trailing 1-year period	13.54%	14.28%	-0.74%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.84%	23.31%	-4.47%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.72%	23.10%	-2.38%

VNQ vs. UIFS.L - Expense Ratio Comparison

VNQ has a 0.13% expense ratio, which is lower than UIFS.L's 0.15% 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%.

Dividends

VNQ vs. UIFS.L - Dividend Comparison

VNQ's dividend yield for the trailing twelve months is around 3.54%, while UIFS.L has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
UIFS.L iShares S&P 500 Financials Sector UCITS ETF USD (Acc)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VNQ Vanguard Real Estate ETF	3.54%	3.92%	3.85%	3.95%	3.91%	2.56%	3.93%	3.39%	4.74%	4.23%	4.82%	3.92%

Frequently Asked Questions

Can I hold both VNQ and UIFS.L in my portfolio?

VNQ and UIFS.L have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, VNQ or UIFS.L?

On fees, VNQ is cheaper at 0.13% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, VNQ or UIFS.L?

VNQ is cheaper with a 0.13% expense ratio, compared with 0.15% for UIFS.L.

What is the main difference between VNQ and UIFS.L?

VNQ is categorized as REIT, while UIFS.L is Financials Equities. VNQ tracks MSCI US Investable Market Real Estate 25/50 Index, while UIFS.L tracks S&P 500 Capped 35/20 Financials Index. They also come from different issuers: Vanguard and iShares. Their fees differ too: 0.13% for VNQ and 0.15% for UIFS.L.