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VNQI
US9220426764
Passive ETFEquity

VNQI ETF · Vanguard Global ex-U.S. Real Estate ETF

The Vanguard Global ex-U.S. Real Estate ETF (Ticker: VNQI) is an investment product that provides broad exposure to the non-U.S. real estate sector. This exchange-traded fund is designed to track the performance of the S&P Global ex U.S. Property Index, which encompasses international realty investments, particularly commercial assets like office buildings, hotels, and malls across various global markets excluding the United States. With inclusion criteria spanning multiple economies worldwide, it offers investors a gateway to myriad real estate markets in both developed and emerging nations. Regardless of geographic concentration, it tends to focus predominantly on real estate operating companies (REOCs) and real estate investment trusts (REITs), which collectively dominate its holdings. From a sectoral perspective, retail properties and residential buildings together contribute a majority stake, followed by industrial properties, specialized REITs, and diversified holdings. In terms of liquidity profile, VNQI, as any ETF, offers sufficient liquidity with an average daily volume sufficient for most investors' needs. Its net asset value is determined at the close of each business day allowing investors routine access to their capital. This ETF brings together a mechanism that mimics index returns whilst providing exposure to an otherwise complex and diverse sector beyond domestic boundaries. It's hence a tool for adding global real estate diversification into a well-rounded portfolio without requiring extensive international market knowledge. Please consult with your financial advisor or conduct your own research before making any investment decisions.

Last update Today at 1:30 PM UTC
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This fund is part ofGlobal Blended Cap1M perf.-5.81%
Last price
$45.25
1M perf.
-8.53%
1M flows
+€96M
AuM
€3.06B
E/R
0.12%
Rating
ESG Consensus®
esg grade icon
VNQI
$45.25

Performance & flows

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December 12, 2025 → March 12, 2026
0024681012%JANFEBMAR
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VNQI
$45.89
+1.36%
Global Blended Cap
+4.51%

Historic performance and flows

1M3M1Y3Y5YMTDQTDYTD
Perf.
-8.53%
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+1.36%
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+19.21%
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+29.94%
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+2.36%
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-9.45%
-0.07%
-0.07%
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Flows

Key fund info

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This ETF's jurisdiction country is not in your region (Europe and Middle East) · 
Main characteristics
Issuer
CUSIP
922042676
ISIN
US9220426764
AuM
€3.06B
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E/R
0.12%
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Replication rating
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ESG Consensus®
esg grade icon
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More details
NAV
3/12/2026
$45.89
1D NAV change
-2.24%
Dividend policy
Replication method
Direct (Physical)
Replication model
Full replication
No. of holdings
707
Inception date
11/1/2010
Jurisdiction
United States
Distribution
United States
Legal structure
Open-end Fund
Base currency
USD
Dividend distribution
Trailing 12-month distr. yield
Distribution frequency
Last distribution
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Classification
Product type
Benchmark
S&P Global ex-U.S. Property Index
Asset class
Factors
N/A
Investment strategy
The Vanguard Global ex-U.S. Real Estate ETF employs an indexing investment approach designed to track the performance of the S&P Global ex-U.S. Property Index, a float-adjusted, market-capitalization-weighted index that measures the equity market performance of international real estate stocks in both developed and emerging markets. The Index is composed of stocks of publicly traded equity real estate investment trusts (known as REITs) and certain real estate management and development companies (REMDs). 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.
Tax optimisation
PEA
France
UK Reporting Status
United Kingdom
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Risk profile

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Historical risk/return profile

3M1Y3Y5Y
Returns
+1.36%
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+19.21%
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+29.94%
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+2.36%
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Volatility
Perf./Volatility
Max drawdown
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Synthetic Risk and Reward Indicator (SRRI)
UCITS
N/A
PRIIPS
N/A
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Exposure

Countries
Japan
22.21%
Australia
10.80%
Hong Kong
6.45%
United Kingdom
6.21%
Singapore
5.74%
Cayman Islands
3.98%
United Arab Emirates
3.62%
Sweden
3.26%
Unavailable
2.16%
Other
35.55%
Sectors
Real Estate
94.03%
Unavailable
5.68%
Other
0.29%
Diversification
Total weight of top 15 holdings out of 707
Top 15 holdings
Data as of January 31, 2026
GOODMAN GROUP CF
MITSUI FUDOSAN
MITSUBISHI ESTATE
SUMITOMO REALTY
EMAAR PROPERTIES
SUN HUNG KAI PROPS
VONOVIA SE
DAIWA HOUSE
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SCENTRE GROUP
SEGRO REIT
SWISS PRIME SITE
UNIBAIL-RODAMCO-WESTFIELD
LINK REIT
CK ASSET HOLDINGS LTD
CHINA RESOURCES LAND
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Sustainability

Integrates ESG criteria
No
SDG

ESG Consensus® by Conser

Data as of December 31, 2025
Methodology

Our partner Conser gathers the industry's consensus on the business practices of the underlying holdings. We have computed the following metrics about VNQI ETF's sustainability, based on their methodology.

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ESG Consensus®
esg grade icon

ESG Consensus® is based on the Final Sustainability Grade, which itself consists of 10 grades. Our partner Conser calculates the exact grade, based on market intelligence, using their proprietary ESG Consensus® methodology.


VNQI’s has a Final Sustainability Grade of either C+, C, C-, or D.

This fund’s exact Final Sustainability Grade is available in Trackinsight Enterprise.
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Holdings review
70.96% of holdings have positive scoring
31.23% of holdings have negative scoring
10.23%
36.06%
24.67%
5.53%
24.08%
Consensus levels
Strong
Medium
Weak
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Replication

Trackinsight replication rating:
Replication quality
Calculated over 12m, as of February 27, 2026
Tracking error
Tracking difference
Replication information
Index
S&P Global ex-U.S. Property Net Total Return Index - USD
Index ticker
SPBMGUUN Index
Index dividend policy
NTR
Replication method
Replication model
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Issuer

Vanguard
Vanguard ID Card
Number of funds
279
Total AuM
€3.79T
Expense ratio range
0.03% - 0.48%
Average expense ratio
0.1363%
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Frequently asked questions about VNQI

What does Vanguard Global ex-U.S. Real Estate ETF, VNQI, invest in?

VNQI is a Passive ETF. This ETF provides exposure to Global ex-US REIT Equities.

Which benchmark or index does VNQI replicate?

VNQI tracks the S&P Global ex-U.S. Property Net Total Return Index - USD, through a full replication replication method.

What is the Total Expense ratio (TER) of VNQI?

VNQI carries a total expense ratio (TER) of 0.12%, indicating the annual cost for holding the fund.

When was VNQI launched?

VNQI was introduced to the market on November 1, 2010. It trades on United States

Who is the ETF issuer of VNQI?

Vanguard Global ex-U.S. Real Estate ETF, VNQI, is provided by Vanguard. Learn more about Vanguard here.

What is the current assets under management (AUM) of VNQI?

VNQI oversees €3.06B in assets as of March 12, 2026.

How has VNQI performed lately?

Based on data from March 12, 2026, VNQI returned -8.53% over the past month, 1.36% over the last three months and -0.07% year-to-date.

What are the latest inflows or outflows for VNQI?

As of March 12, 2026, VNQI recorded net flows of +€95M over the last month and -€4.4M year-to-date.

Does VNQI distribute dividends?

VNQI follows a distributing dividend policy, meaning it pays out income to investors. As of March 12, 2026, its 12-month trailing yield was 4.70%.

What are the main country or region exposures of VNQI?

As of January 31, 2026, VNQI has significant geographic allocations in Japan, Australia and Hong Kong.

In which sector or theme does VNQI invest in?

As of January 31, 2026, VNQI focuses largely on Real Estate.

How many securities does VNQI hold and how diversified is it?

As of January 31, 2026, VNQI holds 707 positions in its portfolio, with 27.81% of assets concentrated in its top 15 holdings.

What are the main positions in VNQI?

As of January 31, 2026, VNQI top three holdings include GOODMAN GROUP CF, MITSUI FUDOSAN and MITSUBISHI ESTATE.

What is the base currency of VNQI?

The base currency of VNQI is USD.

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