VNQ vs. REET ETF Comparison

Comparison of Vanguard REIT ETF - DNQ (VNQ) to iShares Global REIT ETF (REET)

VNQ

Vanguard REIT ETF - DNQ

VNQ Description

The investment seeks to provide a high level of income and moderate long-term capital appreciation by tracking the performance of a benchmark index that measures the performance of publicly traded equity REITs. The fund employs an indexing investment approach designed to track the performance of the MSCI US REIT Index. The index is composed of stocks of publicly traded equity real estate investment trusts (known as REITs). The fund attempts to replicate the index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.

Grade (RS Rating)

Last Trade

$93.75

Average Daily Volume

3,613,998

Number of Holdings ^*

145

* may have additional holdings in another (foreign) market

REET

iShares Global REIT ETF

REET Description

The investment seeks to track the investment results of the FTSE EPRA/NAREIT Global REIT Index. The index is designed to track the performance of publicly-listed real estate investment trusts ("REITs") (or their local equivalents) in both developed and emerging markets. The fund generally invests at least 80% of its assets in securities of the index and in depositary receipts representing securities of the index. The fund seeks to track the investment results of the index before the fees and expenses of the fund. It is non-diversified.

Grade (RS Rating)

Last Trade

$25.34

Average Daily Volume

637,764

Number of Holdings ^*

105

* may have additional holdings in another (foreign) market

Performance

Period	VNQ	REET
30 Days	-2.85%	-3.17%
60 Days	-4.16%	-5.30%
90 Days	3.51%	1.78%
12 Months	23.16%	19.07%

98 Overlapping Holdings

Symbol	Grade	Weight in VNQ	Weight in REET	Overlap
AAT	B	0.07%	0.08%	0.07%
ADC	A	0.42%	0.45%	0.42%
AHH	D	0.05%	0.05%	0.05%
AIV	D	0.06%	0.07%	0.06%
AKR	B	0.13%	0.16%	0.13%
ALEX	B	0.08%	0.09%	0.08%
AMH	C	0.69%	0.76%	0.69%
APLE	B	0.19%	0.22%	0.19%
ARE	F	1.03%	1.2%	1.03%
AVB	B	1.76%	2.01%	1.76%
BDN	D	0.05%	0.05%	0.05%
BNL	D	0.2%	0.2%	0.2%
BRX	A	0.46%	0.52%	0.46%
BXP	D	0.66%	0.79%	0.66%
CDP	C	0.19%	0.22%	0.19%
COLD	F	0.42%	0.39%	0.39%
CPT	C	0.72%	0.77%	0.72%
CSR	B	0.06%	0.07%	0.06%
CTRE	C	0.24%	0.29%	0.24%
CUBE	D	0.66%	0.66%	0.66%
CUZ	B	0.25%	0.29%	0.25%
DEA	D	0.07%	0.08%	0.07%
DEI	B	0.16%	0.18%	0.16%
DLR	C	2.88%	3.57%	2.88%
DOC	C	0.88%	0.97%	0.88%
DRH	C	0.1%	0.12%	0.1%
EGP	D	0.49%	0.52%	0.49%
ELME	D	0.08%	0.09%	0.08%
ELS	B	0.69%	0.8%	0.69%
EPR	D	0.2%	0.21%	0.2%
EPRT	C	0.33%	0.35%	0.33%
EQIX	B	4.5%	5.31%	4.5%
EQR	C	1.39%	1.69%	1.39%
ESRT	D	0.08%	0.09%	0.08%
ESS	C	1.04%	1.18%	1.04%
EXR	D	2.09%	2.13%	2.09%
FCPT	C	0.15%	0.16%	0.15%
FR	D	0.41%	0.43%	0.41%
FRT	B	0.47%	0.57%	0.47%
GLPI	D	0.77%	0.79%	0.77%
GNL	F	0.09%	0.1%	0.09%
GTY	C	0.09%	0.09%	0.09%
HIW	D	0.19%	0.21%	0.19%
HPP	F	0.03%	0.04%	0.03%
HST	D	0.68%	0.76%	0.68%
IIPR	F	0.21%	0.18%	0.18%
INN	D	0.04%	0.04%	0.04%
INVH	D	1.18%	1.25%	1.18%
IRM	D	1.91%	2.12%	1.91%
IRT	A	0.25%	0.28%	0.25%
IVT	B	0.12%	0.13%	0.12%
JBGS	F	0.08%	0.09%	0.08%
KIM	A	0.86%	1.0%	0.86%
KRC	C	0.24%	0.3%	0.24%
KRG	B	0.32%	0.36%	0.32%
LTC	B	0.09%	0.1%	0.09%
LXP	D	0.16%	0.17%	0.16%
MAA	C	1.02%	1.12%	1.02%
MAC	B	0.22%	0.25%	0.22%
MPW	F	0.19%	0.18%	0.18%
NHI	D	0.2%	0.21%	0.2%
NNN	F	0.49%	0.47%	0.47%
NSA	D	0.19%	0.18%	0.18%
NTST	F	0.07%	0.08%	0.07%
NXRT	B	0.06%	0.06%	0.06%
O	D	3.03%	3.05%	3.03%
OHI	C	0.55%	0.62%	0.55%
PDM	D	0.07%	0.08%	0.07%
PEB	F	0.09%	0.09%	0.09%
PECO	B	0.25%	0.29%	0.25%
PGRE	C	0.05%	0.06%	0.05%
PK	C	0.16%	0.18%	0.16%
PLD	D	6.41%	6.5%	6.41%
PSA	D	3.16%	3.26%	3.16%
REG	A	0.7%	0.83%	0.7%
REXR	F	0.6%	0.56%	0.56%
RHP	B	0.33%	0.4%	0.33%
RLJ	C	0.08%	0.09%	0.08%
ROIC	A	0.11%	0.13%	0.11%
SBRA	C	0.24%	0.27%	0.24%
SHO	D	0.11%	0.13%	0.11%
SKT	A	0.2%	0.23%	0.2%
SLG	C	0.25%	0.32%	0.25%
SPG	A	3.02%	3.52%	3.02%
STAG	D	0.39%	0.41%	0.39%
SUI	F	0.92%	0.94%	0.92%
SVC	F	0.04%	0.03%	0.03%
TRNO	F	0.35%	0.36%	0.35%
UDR	C	0.78%	0.89%	0.78%
UE	B	0.14%	0.17%	0.14%
UMH	C	0.07%	0.08%	0.07%
VICI	D	1.75%	1.99%	1.75%
VNO	C	0.35%	0.49%	0.35%
VRE	B	0.07%	0.09%	0.07%
VTR	C	1.42%	1.6%	1.42%
WELL	B	4.11%	5.06%	4.11%
WPC	F	0.75%	0.75%	0.75%
XHR	B	0.08%	0.09%	0.08%

VNQ Overweight 47 Positions Relative to REET

Symbol	Grade	Weight
AMT	F	5.96%
CCI	F	2.83%
CBRE	B	2.09%
CSGP	F	1.69%
SBAC	D	1.41%
WY	F	1.35%
JLL	C	0.7%
LAMR	D	0.64%
Z	B	0.55%
RYN	F	0.25%
PCH	F	0.2%
ZG	B	0.19%
CWK	C	0.17%
COMP	B	0.14%
HHH	B	0.14%
OUT	B	0.13%
EQC	C	0.12%
NMRK	B	0.12%
JOE	F	0.11%
RDFN	D	0.08%
KW	C	0.07%
UNIT	C	0.07%
EXPI	C	0.06%
OPEN	F	0.06%
PLYM	F	0.05%
MMI	B	0.05%
GOOD	B	0.04%
FOR	F	0.04%
DHC	F	0.04%
OLP	B	0.03%
LAND	F	0.03%
FPI	B	0.03%
PKST	F	0.03%
CHCT	C	0.03%
BFS	C	0.03%
ALX	D	0.03%
WSR	B	0.03%
UHT	D	0.03%
GMRE	F	0.03%
CBL	B	0.02%
TRC	F	0.02%
RMR	F	0.02%
CLDT	B	0.02%
OPI	F	0.01%
SRG	F	0.01%
NXDT	F	0.01%
CIO	F	0.01%

VNQ Underweight 7 Positions Relative to REET

Symbol	Grade	Weight
HR	C	-0.41%
LINE	F	-0.25%
CURB	C	-0.16%
AHR	B	-0.13%
SILA	D	-0.09%
SAFE	F	-0.07%
SITC	F	-0.04%