VNQ vs XLRE: how much do they overlap?

Vanguard Real Estate ETF (VNQ) · Real Estate Select Sector SPDR ETF (XLRE)

63.1%

overlap by weight · 31 shared holdings

VNQ: 146 holdings (as of 2026-04-30) · XLRE: 31 holdings (as of 09-Jul-2026)

Note: the two funds' latest official filings have different dates, which can understate overlap slightly for funds tracking similar indexes.

Moderate overlap

What this means

VNQ and XLRE share a meaningful slice of holdings. They are related but not interchangeable; check the shared names below to see where your exposure doubles up.

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

CompanyTickerin VNQin XLRE
Welltower Inc WELL 7.84% 11.2%
Prologis Inc PLD 7% 9.01%
Equinix Inc EQIX 5.64% 6.97%
American Tower Corp AMT 4.54% 5.25%
Digital Realty Trust Inc DLR 3.66% 4.74%
Simon Property Group Inc SPG 3.53% 4.87%
Realty Income Corp O 3.11% 4.61%
Public Storage PSA 2.54% 4.47%
CBRE Group Inc CBRE 2.25% 4.26%
Ventas Inc VTR 2.19% 4.59%

FAQ

How much do VNQ and XLRE overlap?

VNQ and XLRE have a 63.1% overlap by weight, sharing 31 holdings (out of 146 in VNQ and 31 in XLRE), based on official issuer holdings as of 2026-04-30.

What does 63.1% overlap mean?

VNQ and XLRE share a meaningful slice of holdings. They are related but not interchangeable; check the shared names below to see where your exposure doubles up.

Which stocks do VNQ and XLRE both hold?

The largest shared positions are Welltower Inc, Prologis Inc, Equinix Inc, American Tower Corp, Digital Realty Trust Inc. The full list of top shared holdings with weights in each fund is shown on this page.

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