VANGUARD REAL ESTATE II INDEX FUND
VANGUARD FIXED INCOME SECURITIES FUNDS · 1 share class
Fund classification
Classified from what the fund holds · as of 2026 Q2
VANGUARD REAL ESTATE II INDEX FUND is a U.S. equity index fund that tracks the MSCI US Investable Market Real Estate 25/50 Index. 32% of VRTPX’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 100% of the fund’s equity).
- Asset class
- Equity
- Region
- United States
- Management
- Index (passive)
- Fund type
- Open-end fund
- Features
- Non-diversified
Fund profile
As filed in the prospectus · 2026 Q2
Vanguard Real Estate II Index Fund (the Fund) 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 and other real estate-related investments.
The fund tracks the MSCI US Investable Market Real Estate 25/50 Index by holding all or substantially all of its stocks in the same proportions as the index, which comprises large, mid-size, and small U.S. real estate companies including equity REITs and real estate management and development firms. As a nondiversified fund, it may invest a greater percentage of its assets in particular issuers than a diversified fund would. The fund concentrates more than 25% of its assets in real estate industry securities as a matter of fundamental policy.
| Share class | Expense ratio |
|---|---|
| VRTPX | 0.08% |
Portfolio turnover 3.00% · as of 2026 Q2
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Stocks | 99.44% |
| Cash & short-term | 0.59% |
| Derivatives | 0.00% |
Derivatives are shown at market value, not notional exposure.
Sector allocation
The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2
| Real Estate | 99.4% |
| Cash | 0.6% |
| International | 0.0% |
Government, Securitized and Cash are non-corporate buckets; International is foreign holdings we don’t sector-classify, and Other is the residual (held funds, unresolved names).
Portfolio growth profile
How much of the fund’s stock holdings are in fast-growing companies · as of 2026 Q2
Share of the fund’s equity (by value) in companies whose trailing five-year revenue — or net-income — growth ranks in the top 25% of U.S. public companies. Foreign and newly-listed holdings are excluded, so the figure covers only part of the book. From SEC filings — not investment advice. How we measure this.
Latest quarter
What changed since the fund's previous filing
Largest exited: PCH, Alexander & Baldwin Inc, NLOP
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026
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 |
|---|---|---|---|---|---|
| WELL | Welltower IncWELL | 9.27% | $217.34 | $981.77M | 4.5M |
| PLD | Prologis IncPLD | 8.20% | $142.02 | $868.25M | 6.1M |
| EQIX | Equinix IncEQIX | 6.61% | $1,082.83 | $699.76M | 646.2K |
| AMT | American Tower CorpAMT | 5.32% | $182.71 | $562.98M | 3.1M |
| DLR | Digital Realty Trust IncDLR | 4.29% | $200.94 | $454.30M | 2.3M |
| SPG | Simon Property Group IncSPG | 4.13% | $203.71 | $437.72M | 2.1M |
| O | Realty Income CorpO | 3.67% | $64.24 | $388.95M | 6.1M |
| CBRE | CBRE Group IncCBRE | 2.64% | $142.73 | $279.58M | 2.0M |
| PSA | Public StoragePSA | 2.63% | $302.45 | $278.07M | 919.4K |
| VTR | Ventas IncVTR | 2.56% | $87.86 | $271.63M | 3.1M |
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 49.33% of net assets, top 25 70.37%, across 145 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.
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