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 73.9% of each dollar exposed to the same underlying securities.
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 25 bps cheaper than IYR. On a $100,000 position that's about $250/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. | 9.96% | 7.84% | 7.84% |
| 2 | PROLOGIS, INC. | 9.18% | 7.00% | 7.00% |
| 3 | EQUINIX, INC. | 4.69% | 5.64% | 4.69% |
| 4 | AMERICAN TOWER CORPORATION | 4.39% | 4.54% | 4.39% |
| 5 | DIGITAL REALTY TRUST, INC. | 4.63% | 3.66% | 3.66% |
| 6 | SIMON PROPERTY GROUP, INC. | 4.58% | 3.53% | 3.53% |
| 7 | REALTY INCOME CORPORATION | 4.40% | 3.11% | 3.11% |
| 8 | PUBLIC STORAGE. | 3.41% | 2.54% | 2.54% |
| 9 | CBRE GROUP, INC. | 3.13% | 2.25% | 2.25% |
| 10 | VENTAS, INC. | 3.09% | 2.19% | 2.19% |
| 11 | CROWN CASTLE INC. | 2.82% | 2.05% | 2.05% |
| 12 | IRON MOUNTAIN INCORPORATED | 2.40% | 1.98% | 1.98% |
Only in IYR
4 total- ANNALY CAPITAL MANAGEMENT, INC. 1.21%
- AGNC INVESTMENT CORP. 0.88%
- STARWOOD PROPERTY TRUST, INC. 0.48%
- RITHM CAPITAL CORP. 0.42%
Only in VNQ
89 total- Vanguard Real Estate II Index Fund 14.63%
- American Healthcare REIT Inc 0.48%
- CareTrust REIT Inc 0.47%
- Terreno Realty Corp 0.36%
- Ryman Hospitality Properties Inc 0.33%
- Essential Properties Realty Trust Inc 0.33%
- Rayonier Inc 0.32%
- Kite Realty Group Trust 0.30%
- Macerich Co/The 0.30%
- Phillips Edison & Co Inc 0.27%
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.