# Vanguard Real Estate ETF (VNQ): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/vnq for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Vanguard · Asset class: Real Estate (Listed/REITs) - Strategy: Passive Index · Inception: 2004-09-23 This exchange-traded fund primarily invests in the equity of Real Estate Investment Trusts (REITs). These are entities that acquire, own, and manage a diverse portfolio of income-producing real estate, including commercial properties like office buildings and hotels. The fund's main objective is to closely replicate the investment performance of the MSCI US Investable Market Real Estate 25/50 Index. While offering substantial potential for investment income and some capital appreciation, its share price tends to exhibit greater volatility compared to funds concentrated in bonds. It serves a... ## Key Facts | Metric | Value | |---|---| | Price | $92.69 | | Expense Ratio | 0.13% | | Assets Under Management | $66.40B | | NAV | $92.70 | | Holdings Count | 158 | | Distribution Yield (TTM) | 3.67% | | Annual Distribution (TTM) | $3.41 /share | | Distribution Frequency | Quarterly | | 52-Week Range | $86.84 – $101.80 | | Beta | 0.99 | ## Latest Distribution - Amount: $0.8046 /share - Ex-date: 2026-09-23 - Pay date: 2026-09-25 ## Frequently Asked Questions ### What does VNQ invest in? This exchange-traded fund primarily invests in the equity of Real Estate Investment Trusts (REITs). These are entities that acquire, own, and manage a diverse portfolio of income-producing real estate, including commercial properties like office buildings and hotels. The fund's main objective is to closely replicate the investment performance of the MSCI US Investable Market Real Estate 25/50 Index. While offering substantial potential for investment income and some capital appreciation, its share price tends to exhibit greater volatility compared to funds concentrated in bonds. It serves as a valuable tool for investors seeking to broaden their portfolio's asset allocation and potentially reduce overall risk by adding exposure beyond traditional stocks and bonds. ### What is the expense ratio of VNQ? Vanguard Real Estate ETF (VNQ) charges an expense ratio of 0.13%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is VNQ? Vanguard Real Estate ETF (VNQ) manages $66.40B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is VNQ actively managed or an index fund? VNQ is a passive index fund. It tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (VNQ's is 0.13%) because there's no security selection cost. ### When was VNQ launched? Vanguard Real Estate ETF (VNQ) launched in September 2004 and is managed by Vanguard. ### How has VNQ performed? VNQ's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does VNQ pay a dividend? Vanguard Real Estate ETF (VNQ) currently distributes little or no income. Trailing-twelve-month yield is 3.67%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does VNQ pay dividends? Vanguard Real Estate ETF pays dividends Quarterly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is VNQ's dividend yield? VNQ's trailing-twelve-month yield is 3.67%, calculated from the sum of dividends over the past year divided by the current price. ### When is VNQ's next ex-dividend date? The most recently announced ex-dividend date for VNQ was 2026-09-23. The next ex-date typically follows Quarterly; once announced it appears at the top of the dividend history table on this page. ### How much will VNQ's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.13% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does VNQ charge its expense ratio? The expense ratio is deducted in tiny daily slices from VNQ's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does VNQ cost more than a fund like VOO? VNQ is a passive index fund (current expense ratio 0.13%). Differences from broad-market ETFs like VOO usually come from index licensing fees, asset class (bond funds typically run cheaper than equity), or fund scale (smaller funds spread fixed operating costs across less AUM). ### Are there cheaper alternatives to VNQ? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as VNQ (0.13%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/vnq - Distribution history: https://www.dividenddata.com/funds/vnq/dividend - Holdings & diversification: https://www.dividenddata.com/funds/vnq/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/vnq/expenses - Peer comparison: https://www.dividenddata.com/funds/vnq/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.