Vanguard Real Estate ETF (VNQ)
Top ETFs · REITs · US Real Estate · data since 2004-09-29 · last close 2026-09-09
Vanguard Real Estate ETF (VNQ) monthly returns (%)
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 2.6 | 5.4 | -6.3 | 8.6 | -0.7 | 1.6 | 2.6 | -2.5 | -1.6 | · | · | · |
| 2025 | 1.6 | 3.7 | -2.6 | -2.4 | 1.1 | 0.7 | 0.1 | 3.5 | 0.1 | -2.5 | 2.4 | -2.2 |
| 2024 | -5.1 | 2.0 | 1.9 | -7.9 | 4.6 | 1.9 | 7.9 | 5.2 | 3.3 | -3.4 | 4.3 | -8.4 |
| 2023 | 10.4 | -5.9 | -2.2 | 0.3 | -4.0 | 5.6 | 2.0 | -3.4 | -7.3 | -3.6 | 12.1 | 9.4 |
| 2022 | -8.4 | -3.5 | 6.3 | -4.1 | -4.7 | -7.5 | 8.6 | -6.0 | -12.9 | 3.5 | 6.2 | -5.0 |
| 2021 | 0.0 | 3.4 | 5.2 | 7.9 | 0.8 | 2.6 | 4.4 | 2.1 | -5.7 | 7.1 | -2.1 | 9.7 |
| 2020 | 1.2 | -7.0 | -19.4 | 9.0 | 1.7 | 2.4 | 3.6 | 0.4 | -2.7 | -3.0 | 9.7 | 2.7 |
| 2019 | 11.8 | 0.7 | 4.2 | -0.2 | 0.1 | 1.6 | 1.7 | 3.8 | 1.9 | 1.1 | -1.3 | 0.8 |
| 2018 | -4.3 | -7.7 | 3.9 | 0.8 | 3.7 | 4.2 | 0.6 | 2.6 | -2.7 | -2.9 | 4.7 | -8.0 |
| 2017 | -0.2 | 3.5 | -2.4 | 0.2 | -0.7 | 2.2 | 1.2 | -0.3 | -0.1 | -1.1 | 2.7 | -0.1 |
| 2016 | -3.4 | -0.4 | 10.5 | -2.4 | 2.3 | 6.9 | 4.3 | -3.8 | -1.8 | -5.7 | -1.7 | 4.8 |
| 2015 | 6.8 | -3.7 | 1.7 | -5.8 | -0.3 | -4.7 | 5.8 | -6.3 | 3.1 | 5.8 | -0.6 | 1.8 |
| 2014 | 4.3 | 5.1 | 0.5 | 3.3 | 2.4 | 1.1 | 0.1 | 3.0 | -6.0 | 9.9 | 2.0 | 1.9 |
| 2013 | 3.7 | 1.2 | 2.9 | 6.7 | -6.0 | -2.0 | 0.9 | -7.0 | 3.5 | 4.5 | -5.3 | 0.1 |
| 2012 | 6.4 | -1.1 | 5.2 | 2.9 | -4.5 | 5.5 | 2.0 | -0.0 | -1.9 | -0.9 | -0.3 | 3.7 |
| 2011 | 3.3 | 4.7 | -1.6 | 5.8 | 1.4 | -3.3 | 1.6 | -5.6 | -10.8 | 14.3 | -3.8 | 4.8 |
| 2010 | -5.5 | 5.6 | 10.2 | 7.2 | -5.3 | -5.2 | 9.6 | -1.3 | 4.5 | 4.7 | -1.9 | 4.5 |
| 2009 | -17.5 | -20.5 | 3.6 | 30.7 | 2.6 | -3.2 | 10.8 | 14.3 | 6.6 | -4.5 | 6.6 | 7.4 |
| 2008 | -0.8 | -3.2 | 6.5 | 6.4 | -0.2 | -10.6 | 3.1 | 2.4 | -0.1 | -31.7 | -22.7 | 16.7 |
| 2007 | 8.8 | -2.7 | -2.1 | -0.1 | -0.4 | -9.0 | -8.3 | 6.7 | 3.9 | 2.1 | -9.5 | -5.4 |
| 2006 | 7.5 | 1.9 | 4.7 | -3.4 | -2.7 | 5.0 | 3.9 | 3.5 | 2.0 | 6.0 | 4.8 | -1.8 |
| 2005 | -8.6 | 3.2 | -1.7 | 5.8 | 3.5 | 4.6 | 7.1 | -4.0 | 1.3 | -2.9 | 4.2 | 0.0 |
| 2004 | · | · | · | · | · | · | · | · | 0.8 | 5.7 | 4.0 | 4.8 |
| Avg | 0.7 | -0.7 | 1.3 | 3.1 | -0.2 | 0.0 | 3.4 | 0.3 | -1.0 | 0.1 | 0.6 | 1.9 |
Values in %. Current and first-listed months are partial (greyed).
returnsview.com
VNQ seasonality — average by calendar month
Vanguard Real Estate ETF has monthly history back to 2004. Its strongest month by median is July — positive in 21 of 22 years, median +2.9%, and higher in 9 of the last 9. May is the soft spot, down in 11 of 22 with a median of -0.0%. Across its full record it has closed 60% of months higher, swings ±6.2% in an average month and has fallen 73.1% peak to trough.
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Avg | +0.7% | -0.7% | +1.3% | +3.1% | -0.2% | +0.0% | +3.4% | +0.3% | -1.0% | +0.1% | +0.7% | +1.9% |
| Win rate | 59%/22 | 55%/22 | 64%/22 | 64%/22 | 50%/22 | 64%/22 | 95%/22 | 50%/22 | 50%/22 | 50%/22 | 55%/22 | 68%/22 |
Win rate = share of positive months / sample size.
VNQ risk & extremes
VNQ drawdown & rolling returns
Percent below the all-time high at each month-end — how far underwater the asset was.
Related stocks
Compare VNQ
Frequently asked questions
What was Vanguard Real Estate ETF's best month?+
Vanguard Real Estate ETF's strongest completed month on record is April 2009, at +30.68%.
What was Vanguard Real Estate ETF's worst month?+
Its weakest completed month on record is October 2008, at -31.73%.
Is Vanguard Real Estate ETF up this year?+
Vanguard Real Estate ETF is up 9.39% year to date, measured from its last close before 1 January.
What is Vanguard Real Estate ETF's 1-year return?+
+7.52% over the past twelve months, comparing the latest close with the most recent close on or before the same date a year earlier.
What is Vanguard Real Estate ETF's biggest drawdown?+
The deepest peak-to-trough fall on record is 73.1%, measured on month-end closes since 2004.
Which calendar month is historically best for Vanguard Real Estate ETF?+
July has the highest average return across every completed July since 2004. An average is not a forecast.
About Vanguard Real Estate ETF
Vanguard Real Estate ETF is an us real estate business worth about $71 billion. It collects rent at scale, which remains an excellent business — with price receipts on this site going back to 2004. And the long game: $100 at its first close here (2004) would be about $491 today.
Did you know?
- Its best month on record was April 2009 at +30.68%; its worst, October 2008 at -31.73%.
- It has closed July in the green 21 out of 22 times — calendar astrology, but the fun kind.
Trivia for entertainment — the numbers come from our price data; the jokes don't.