ETF comparison
IYR vs VNQ
Both Real Estate.
iShares U.S. Real Estate ETF · Vanguard Real Estate Index Fund ETF Shares
Holdings overlap
57 positions appear in both funds. Buying equal dollars of IYR and VNQ would leave roughly 73.8% of each dollar exposed to the same underlying securities.
Unmatched is the part of a fund's weight the other fund doesn't match: names only it holds, plus any extra weight it puts in names both funds hold.
Side by side
Sub-score comparison
Tracking quality isn't part of the composite — see what we don't score for why.
Cost difference
VNQ is 24 bps cheaper than IYR. On a $100,000 position that's about $240/yr more in fees for IYR.
Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with IYR vs VNQ.
Top shared holdings
57 shared in total| # | Holding | In IYR | In VNQ | Overlap |
|---|---|---|---|---|
| 1 | WELLTOWER INC. | 10.82% | 8.51% | 8.51% |
| 2 | PROLOGIS, INC. | 8.72% | 7.01% | 7.01% |
| 3 | EQUINIX, INC. | 4.55% | 5.23% | 4.55% |
| 4 | SIMON PROPERTY GROUP, INC. | 4.77% | 3.88% | 3.88% |
| 5 | AMERICAN TOWER CORPORATION | 3.85% | 4.20% | 3.85% |
| 6 | DIGITAL REALTY TRUST, INC. | 4.38% | 3.37% | 3.37% |
| 7 | REALTY INCOME CORPORATION | 4.27% | 3.08% | 3.08% |
| 8 | PUBLIC STORAGE. | 3.72% | 2.83% | 2.83% |
| 9 | VENTAS, INC. | 3.19% | 2.31% | 2.31% |
| 10 | CBRE GROUP, INC. | 2.91% | 2.25% | 2.25% |
| 11 | IRON MOUNTAIN INCORPORATED | 2.78% | 1.89% | 1.89% |
| 12 | CROWN CASTLE INC. | 2.44% | 1.73% | 1.73% |
Only in IYR
4 total- ANNALY CAPITAL MANAGEMENT, INC. 1.21%
- AGNC INVESTMENT CORP. 0.92%
- STARWOOD PROPERTY TRUST, INC. 0.42%
- RITHM CAPITAL CORP. 0.39%
Only in VNQ
84 total- Vanguard Real Estate II Index Fund 14.50%
- American Healthcare REIT Inc 0.56%
- CareTrust REIT Inc 0.49%
- Ryman Hospitality Properties Inc 0.42%
- Compass Inc 0.40%
- Terreno Realty Corp 0.40%
- Macerich Co/The 0.35%
- Essential Properties Realty Trust Inc 0.34%
- Rayonier Inc 0.31%
- Kite Realty Group Trust 0.30%
Related comparisons
More comparisons with IYR
- IYR vs REZ · iShares Residential and Multisector Real Estate ETF 36.2%
- IYR vs SCHH · Schwab U.S. REIT ETF 86.4%
- IYR vs FREL · Fidelity MSCI Real Estate Index ETF 86.4%
- IYR vs XLRE · State Street Real Estate Select Sector SPDR ETF 80.0%
- IYR vs USRT · iShares Core U.S. REIT ETF 79.1%
- IYR vs RWR · State Street SPDR Dow Jones REIT ETF 74.0%
More comparisons with VNQ
- VNQ vs USRT · iShares Core U.S. REIT ETF 71.6%
- VNQ vs REET · iShares Global REIT ETF 70.0%
- VNQ vs RWR · State Street SPDR Dow Jones REIT ETF 64.7%
- VNQ vs XLRE · State Street Real Estate Select Sector SPDR ETF 62.8%
- VNQ vs REZ · iShares Residential and Multisector Real Estate ETF 28.6%
- VNQ vs VTI · Vanguard Morningstar Total Stock Market ETF 2.2%
Percentages are holdings overlap with the named fund.
Open IYR or VNQ at a brokerage
Both funds trade commission-free at major US brokerages.
Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.
Holdings overlap is the sum of min(weight_a, weight_b) over positions
matched on ISIN (CUSIP fallback). Methodology: see
/methodology/.
Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.