VANGUARD GLOBAL EX-U.S. REAL ESTATE INDEX FUND
VANGUARD INTERNATIONAL EQUITY INDEX FUNDS · 3 share classes
Fund classification
Classified from what the fund holds · as of 2026 Q2
VANGUARD GLOBAL EX-U.S. REAL ESTATE INDEX FUND is a developed international equity index ETF that tracks the S&P Global ex-U.S. Property Index.
- Asset class
- Equity
- Region
- Developed international
- Management
- Index (passive)
- Fund type
- ETF
Fund profile
As filed in the prospectus · 2026 Q2
Vanguard Global ex-U.S. Real Estate Index Fund (the Fund) seeks to track the performance of a benchmark index that measures the investment return of international real estate stocks.
The fund tracks the S&P Global ex-U.S. Property Index using replication, holding the same stocks as the index in approximately the same proportions. The index is composed of publicly traded real estate investment trusts and real estate management and development companies in developed and emerging markets, weighted by float-adjusted market capitalization. The fund concentrates more than 25% of its assets in real estate industry securities as a fundamental policy.
| Share class | Expense ratio |
|---|---|
| VGRLX | 0.12% |
| VNQI | 0.12% |
| VGRNX | 0.11% |
Portfolio turnover 10.00% · as of 2026 Q2
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Stocks | 98.98% |
| Cash & short-term | 1.59% |
| Derivatives | 0.00% |
Derivatives are shown at market value, not notional exposure.
Latest quarter
What changed since the fund's previous filing
Largest new: Centurion Accommodation Reit, Vital Infrastructure Property Trust, Dar AlMajed Real Estate Co, Parque Arauco SA
Largest exited: National Storage REIT, Northwest Healthcare Properties Real Estate Investment Trust, Citycon Oyj, Artis Real Estate Investment Trust, Life Science Reit PLC, Orion Retail Properties Ltd, Wanda Hotel Development Co Ltd, Sweeten Real Estate Development Co Ltd
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026
| Share class | 1-year | 3-year | 5-year | Vol | Worst fall |
|---|---|---|---|---|---|
| +15.27% | +28.60% | +1.52% | 17.71% | -12.63% | |
| +15.24% | +28.64% | +1.36% | 17.75% | -12.65% | |
| +15.25% | +28.66% | +1.43% | 17.75% | -12.65% |
These classes hold the same portfolio, so the 0.16pp spread over 5 years is the cost difference between them — roughly 0.03pp a year — not a difference in what they own.
Holdings
By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page
| Ticker | Issuer | %NAV | Reported price | Value | Shares |
|---|---|---|---|---|---|
| — | Goodman Group | 4.01% | $21.67 | $156.54M | 7.2M |
| — | Mitsubishi Estate Co Ltd | 3.14% | $28.50 | $122.58M | 4.3M |
| — | Mitsui Fudosan Co Ltd | 2.76% | $10.95 | $107.67M | 9.8M |
| — | Sumitomo Realty & Development Co Ltd | 2.63% | $31.00 | $102.53M | 3.3M |
| — | Sun Hung Kai Properties Ltd | 2.44% | $17.51 | $95.01M | 5.4M |
| — | Vonovia SE | 2.05% | $26.94 | $80.05M | 3.0M |
| — | Emaar Properties PJSC | 1.80% | $3.22 | $70.39M | 21.9M |
| — | Daiwa House Industry Co Ltd | 1.68% | $30.51 | $65.38M | 2.1M |
| — | Vanguard Cmt Funds-Vanguard Market Liquidity Fund | 1.59% | — | $61.97M | — |
| — | Unibail-Rodamco-Westfield | 1.34% | $121.41 | $52.29M | 430.7K |
Reported price is the fund's own reported value divided by its own reported shares at 2026-04-30 — not a live quote, and not what the fund paid.
Top 10 positions are 23.45% of net assets, top 25 37.38%, across 703 issuers.
See more of this fund's book
More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.
Sign in free