VBR vs VNQ: how much do they overlap?
Vanguard Small-Cap Value ETF (VBR) · Vanguard Real Estate ETF (VNQ)
overlap by weight · 79 shared holdings
VBR: 838 holdings (as of 2026-03-31) · VNQ: 146 holdings (as of 2026-04-30)
Note: the two funds' latest official filings have different dates, which can understate overlap slightly for funds tracking similar indexes.
Low overlap
What this means
VBR and VNQ hold mostly different stocks. Combining them genuinely spreads your exposure across different parts of the market.
Overlap by weight sums the smaller of the two funds' weights for every stock they both hold — it answers "how much of my money is in the same stocks either way?" See methodology.
Top shared holdings
| Company | Ticker | in VBR | in VNQ |
|---|---|---|---|
| WP Carey Inc | WPC | 0.37% | 0.85% |
| Kimco Realty Corp | KIM | 0.37% | 0.85% |
| Mid-America Apartment Communities Inc | MAA | 0.35% | 0.8% |
| Jones Lang LaSalle Inc | JLL | 0.35% | 0.8% |
| Regency Centers Corp | REG | 0.34% | 0.72% |
| Omega Healthcare Investors Inc | OHI | 0.31% | 0.74% |
| Gaming and Leisure Properties Inc | GLPI | 0.29% | 0.73% |
| Healthpeak Properties Inc | DOC | 0.28% | 0.6% |
| Camden Property Trust | CPT | 0.24% | 0.59% |
| EastGroup Properties Inc | EGP | 0.24% | 0.57% |
FAQ
How much do VBR and VNQ overlap?
VBR and VNQ have a 9.1% overlap by weight, sharing 79 holdings (out of 838 in VBR and 146 in VNQ), based on official issuer holdings as of 2026-03-31.
What does 9.1% overlap mean?
VBR and VNQ hold mostly different stocks. Combining them genuinely spreads your exposure across different parts of the market.
Which stocks do VBR and VNQ both hold?
The largest shared positions are WP Carey Inc, Kimco Realty Corp, Mid-America Apartment Communities Inc, Jones Lang LaSalle Inc, Regency Centers Corp. The full list of top shared holdings with weights in each fund is shown on this page.