ETF comparison
VNQ vs VOO
Real Estate vs US Large Cap.
Vanguard Real Estate Index Fund ETF Shares · Vanguard S&P 500 ETF
Holdings overlap
31 positions appear in both funds. Buying equal dollars of VNQ and VOO would leave roughly 1.8% 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
VOO is 10 bps cheaper than VNQ. On a $100,000 position that's about $100/yr more in fees for VNQ.
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 VNQ vs VOO.
Top shared holdings
31 shared in total| # | Holding | In VNQ | In VOO | Overlap |
|---|---|---|---|---|
| 1 | Welltower Inc | 8.51% | 0.25% | 0.25% |
| 2 | Prologis Inc | 7.01% | 0.20% | 0.20% |
| 3 | Equinix Inc | 5.23% | 0.16% | 0.16% |
| 4 | American Tower Corp | 4.20% | 0.12% | 0.12% |
| 5 | Simon Property Group Inc | 3.88% | 0.11% | 0.11% |
| 6 | Digital Realty Trust Inc | 3.37% | 0.09% | 0.09% |
| 7 | Realty Income Corp | 3.08% | 0.09% | 0.09% |
| 8 | Public Storage | 2.83% | 0.08% | 0.08% |
| 9 | Ventas Inc | 2.31% | 0.07% | 0.07% |
| 10 | CBRE Group Inc | 2.25% | 0.06% | 0.06% |
| 11 | Iron Mountain Inc | 1.89% | 0.06% | 0.06% |
| 12 | Crown Castle Inc | 1.73% | 0.05% | 0.05% |
Only in VNQ
110 total- Vanguard Real Estate II Index Fund 14.50%
- Jones Lang LaSalle Inc 0.87%
- WP Carey Inc 0.84%
- Sun Communities Inc 0.79%
- Omega Healthcare Investors Inc 0.78%
- Lamar Advertising Co 0.72%
- Gaming and Leisure Properties Inc 0.63%
- Equity LifeStyle Properties Inc 0.62%
- EastGroup Properties Inc 0.58%
- American Healthcare REIT Inc 0.56%
Only in VOO
473 total- NVIDIA Corp 7.51%
- Apple Inc 6.59%
- Microsoft Corp 4.30%
- Amazon.com Inc 3.62%
- Alphabet Inc 3.25%
- Broadcom Inc 2.77%
- Alphabet Inc 2.59%
- Micron Technology Inc 2.02%
- Meta Platforms Inc 1.92%
- Tesla Inc 1.84%
Related comparisons
More comparisons with VNQ
- VNQ vs VNQI · Vanguard Global ex-U.S. Real Estate Index Fund ETF Shares 0.0%
- VNQ vs FREL · Fidelity MSCI Real Estate Index ETF 84.6%
- VNQ vs SCHH · Schwab U.S. REIT ETF 79.2%
- VNQ vs IYR · iShares U.S. Real Estate ETF 73.8%
- VNQ vs USRT · iShares Core U.S. REIT ETF 71.6%
- VNQ vs REET · iShares Global REIT ETF 70.0%
More comparisons with VOO
- VOO vs BBMC · JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 1.6%
- VOO vs SMLF · iShares U.S. Small-Cap Equity Factor ETF 1.1%
- VOO vs DON · WisdomTree U.S. MidCap Dividend Fund 1.1%
- VOO vs DFAS · U.S. Small Cap Portfolio-ETF Class Shares 0.9%
- VOO vs VBK · Vanguard Morningstar Small-Cap Growth ETF 0.8%
- VOO vs DFAT · U.S. Targeted Value Portfolio-ETF Class Shares 0.8%
Percentages are holdings overlap with the named fund.
Open VNQ or VOO 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.