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VNQ — Vanguard Real Estate Index Fund ETF Shares

Data as of 2026-09-29 · US · Sectors · window 2016-09-29 → 2026-09-29 (10.0 years) · returns assume dividends reinvested, net of fund fees · Market Data from Tiingo.com

What the history says

VNQ
Total return+54.2%
Annualised (CAGR)+4.4%
Volatility (annualised)+17.6%
Sharpe (rf = 0)0.25
Deepest drawdown-42.4%
Drawdown peak → trough2020-02-21 → 2020-03-23
Dividend yield (12m distributions)3.76% (as of 2026-09-29)

Over the 10.0 years to 2026-09-29 the fund returned +54.2% in total (+4.4% a year), with a deepest drawdown of -42.4% from 2020-02-21 to 2020-03-23. Its worst calendar year was 2022 (-26.2%), its best 2021 (+40.5%).

Every calendar year

Calendar-year returns (net of fees, dividends reinvested)
YearVNQ
2026+5.2%
2025+3.3%
2024+4.8%
2023+11.8%
2022-26.2%
2021+40.5%
2020-4.7%
2019+28.9%
2018-6.0%
2017+4.9%
2016-3.5%

Common questions

How much has VNQ returned over the last 10 years?

+54.2% in total, which works out to +4.4% a year over the 10 years to 2026-09-29. Both figures assume dividends were reinvested and the fund's own fees were already deducted, so they are what an investor would have kept — before tax.

What was VNQ's worst year?

2022 — its calendar-year return was -26.2% (net of fees, dividends reinvested). Its best year was 2021 (+40.5%).

How deep was VNQ's worst drawdown?

-42.4%, from a peak on 2020-02-21 to a trough on 2020-03-23. From that trough it took 388 days (about 12.7 months) to climb back to the earlier peak.

Does VNQ pay dividends?

Over the last 12 months it distributed 3.76% of its share price (as of 2026-09-29). That is a past distribution, not a promise of future income, and it is already counted in every return figure on this page.

What this page does not say

It does not say VNQ is a good or bad fund, and it is not a forecast. Returns above are history: they already include dividends and already exclude the fund's own fees. A drawdown of -42.4% means an investor who bought at the peak would have watched that much value disappear before it recovered — how long that takes is the part most tables leave out.

Run your own window, add fees or a second fund: open VNQ in the tool. History is shown as history, never sold as a forecast.

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