Summary
The Vanguard Global ex-US Real Est ETF (VNQI) tracks the S&P Global ex-US Property Index. It invests in hundreds of real estate investment trusts (REITs) throughout the world.
Investment Thesis
Global real estate diversifies on multiple fronts. This fund does it on a massive scale at a minimal price. Its 0.14% expense ratio is 88% lower than the average for similar funds.
Statistics
Updated May 31, 2018:
- Total Assets: $6.9 billion
- Total Holdings: 633
- Portfolio Turnover: 6%
- Net Expense Ratio: 0.14%
- Distribution Yield: 3.94%
- P/E Ratio: 9.75
- Alpha: 0.93
- Beta: -1.44
Portfolio
Market Allocation
- Emerging Markets: 22.30%
- Europe: 25.00%
- Pacific: 49.20%
- Middle East: 0.80%
- North America: 2.30%
- Other: 0.40%
Region Allocation
- Asia: 57.18%
- Europe: 27.21%
- Australia: 9.35%
- North America: 2.41%
- Africa: 2.16%
- Latin America: 1.68%
Top Ten Countries
- Japan: 21.97%
- Hong Kong: 13.57%
- China: 10.39%
- Australia: 8.90%
- Singapore: 6.23%
- UK: 6.21%
- Germany: 5.92%
- France: 5.05%
- Canada: 2.25%
- South Africa: 1.99%
Market Cap
- Giant: 14.49%
- Large: 35.69%
- Mid: 34.99%
- Small: 13.25%
- Micro: 1.57%
Top Ten Holdings
- Sun Hung Kai Properties
- Mitsubishi Estate
- Mitsui Fudosan
- Daiwa House Industry
- Vonovia
- Unibail-Rodamco
- CK Asset Holdings
- Link REIT
- Sumitomo Realty & Development
- Deutsche Wohnen
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