VNQ vs. DFGR ETF Comparison

Comparison of Vanguard REIT ETF - DNQ (VNQ) to Dimensional Global Real Estate ETF (DFGR)

VNQ

Vanguard REIT ETF - DNQ

VNQ Description

The investment 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. The fund employs an indexing investment approach designed to track the performance of the MSCI US REIT Index. The index is composed of stocks of publicly traded equity real estate investment trusts (known as REITs). The fund attempts to replicate the index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.

Grade (RS Rating)

Last Trade

$96.25

Average Daily Volume

3,452,081

Number of Holdings ^*

145

* may have additional holdings in another (foreign) market

DFGR

Dimensional Global Real Estate ETF

DFGR Description

The Portfolio, using a market capitalization weighted approach, purchases a broad and diverse set of securities of U.S. and non-U.S. companies principally engaged in the real estate industry, including developed and emerging markets, with a particular focus on real estate investment trusts ("REITs") and companies the Advisor considers to be REIT-like entities. The Portfolio invests in companies of all sizes.

Grade (RS Rating)

Last Trade

$27.72

Average Daily Volume

218,388

Number of Holdings ^*

128

* may have additional holdings in another (foreign) market

Performance

Period	VNQ	DFGR
30 Days	-0.23%	-1.75%
60 Days	-1.50%	-3.83%
90 Days	1.63%	-0.67%
12 Months	25.20%	20.58%

118 Overlapping Holdings

Symbol	Grade	Weight in VNQ	Weight in DFGR	Overlap
AAT	B	0.07%	0.07%	0.07%
ADC	A	0.43%	0.43%	0.43%
AIV	C	0.06%	0.06%	0.06%
AKR	B	0.14%	0.14%	0.14%
ALEX	B	0.08%	0.04%	0.04%
ALX	D	0.03%	0.03%	0.03%
AMH	C	0.66%	0.7%	0.66%
AMT	C	5.69%	5.14%	5.14%
APLE	B	0.19%	0.23%	0.19%
ARE	F	1.0%	0.96%	0.96%
AVB	B	1.8%	1.83%	1.8%
BDN	C	0.05%	0.05%	0.05%
BFS	C	0.03%	0.03%	0.03%
BNL	D	0.19%	0.18%	0.18%
BRX	A	0.46%	0.49%	0.46%
BXP	C	0.69%	0.66%	0.66%
CBL	B	0.02%	0.02%	0.02%
CCI	C	2.66%	2.37%	2.37%
CDP	C	0.21%	0.19%	0.19%
CIO	C	0.01%	0.01%	0.01%
CLDT	B	0.02%	0.02%	0.02%
COLD	D	0.4%	0.34%	0.34%
CPT	B	0.7%	0.72%	0.7%
CSR	B	0.06%	0.06%	0.06%
CTRE	C	0.26%	0.26%	0.26%
CUBE	C	0.61%	0.61%	0.61%
CUZ	B	0.27%	0.28%	0.27%
DEA	D	0.08%	0.07%	0.07%
DEI	B	0.17%	0.17%	0.17%
DHC	F	0.03%	0.02%	0.02%
DLR	B	3.3%	3.29%	3.29%
DOC	C	0.9%	0.84%	0.84%
DRH	B	0.1%	0.1%	0.1%
EGP	D	0.47%	0.47%	0.47%
ELME	D	0.08%	0.08%	0.08%
ELS	C	0.71%	0.72%	0.71%
EPR	C	0.2%	0.2%	0.2%
EPRT	B	0.32%	0.34%	0.32%
EQC	B	0.12%	0.07%	0.07%
EQIX	A	4.79%	4.82%	4.79%
EQR	C	1.37%	1.45%	1.37%
ESRT	C	0.08%	0.08%	0.08%
ESS	B	1.04%	1.09%	1.04%
EXR	C	1.97%	1.95%	1.95%
FCPT	C	0.14%	0.15%	0.14%
FR	D	0.4%	0.39%	0.39%
FRT	B	0.47%	0.48%	0.47%
GLPI	C	0.78%	0.75%	0.75%
GMRE	F	0.03%	0.03%	0.03%
GNL	F	0.09%	0.08%	0.08%
GOOD	B	0.04%	0.04%	0.04%
GTY	A	0.09%	0.08%	0.08%
HIW	C	0.2%	0.19%	0.19%
HPP	F	0.03%	0.03%	0.03%
HST	C	0.69%	0.69%	0.69%
IIPR	D	0.21%	0.17%	0.17%
INN	D	0.04%	0.04%	0.04%
INVH	D	1.1%	1.16%	1.1%
IRM	C	2.07%	1.87%	1.87%
IRT	A	0.25%	0.32%	0.25%
IVT	A	0.13%	0.12%	0.12%
JBGS	F	0.08%	0.07%	0.07%
KIM	A	0.91%	0.94%	0.91%
KRC	B	0.26%	0.26%	0.26%
KRG	B	0.32%	0.33%	0.32%
LAMR	C	0.66%	0.63%	0.63%
LTC	B	0.09%	0.08%	0.08%
LXP	D	0.16%	0.15%	0.15%
MAA	B	1.01%	1.03%	1.01%
MAC	B	0.23%	0.24%	0.23%
MPW	F	0.16%	0.14%	0.14%
NHI	D	0.19%	0.19%	0.19%
NNN	C	0.45%	0.43%	0.43%
NSA	C	0.17%	0.17%	0.17%
NTST	C	0.06%	0.06%	0.06%
NXRT	B	0.06%	0.05%	0.05%
O	C	2.95%	2.76%	2.76%
OHI	C	0.6%	0.58%	0.58%
OLP	B	0.03%	0.02%	0.02%
OPI	F	0.0%	0.0%	0.0%
OUT	A	0.13%	0.13%	0.13%
PDM	D	0.07%	0.06%	0.06%
PEB	D	0.08%	0.08%	0.08%
PECO	A	0.26%	0.28%	0.26%
PGRE	F	0.05%	0.05%	0.05%
PK	C	0.17%	0.19%	0.17%
PKST	F	0.03%	0.0%	0.0%
PLD	F	5.97%	5.99%	5.97%
PLYM	F	0.05%	0.04%	0.04%
PSA	C	2.97%	2.96%	2.96%
REG	A	0.72%	0.73%	0.72%
REXR	F	0.53%	0.51%	0.51%
RHP	B	0.35%	0.35%	0.35%
RLJ	C	0.08%	0.07%	0.07%
ROIC	A	0.11%	0.12%	0.11%
SBAC	D	1.41%	1.32%	1.32%
SBRA	C	0.26%	0.25%	0.25%
SHO	D	0.11%	0.11%	0.11%
SKT	A	0.21%	0.23%	0.21%
SLG	B	0.28%	0.29%	0.28%
SPG	A	3.15%	3.28%	3.15%
STAG	D	0.39%	0.37%	0.37%
SUI	C	0.94%	0.87%	0.87%
SVC	F	0.03%	0.02%	0.02%
TRNO	F	0.33%	0.33%	0.33%
UDR	B	0.75%	0.79%	0.75%
UE	B	0.15%	0.15%	0.15%
UHT	D	0.03%	0.03%	0.03%
UMH	B	0.07%	0.08%	0.07%
UNIT	B	0.07%	0.07%	0.07%
VICI	C	1.73%	1.84%	1.73%
VNO	C	0.38%	0.38%	0.38%
VRE	B	0.07%	0.07%	0.07%
VTR	B	1.51%	1.48%	1.48%
WELL	A	4.5%	4.63%	4.5%
WPC	C	0.7%	0.68%	0.68%
WSR	A	0.03%	0.03%	0.03%
XHR	B	0.08%	0.08%	0.08%

VNQ Overweight 27 Positions Relative to DFGR

Symbol	Grade	Weight
CBRE	B	2.29%
CSGP	D	1.7%
WY	F	1.3%
JLL	D	0.74%
Z	A	0.54%
RYN	D	0.25%
PCH	F	0.19%
CWK	C	0.18%
ZG	A	0.18%
COMP	B	0.15%
HHH	B	0.14%
NMRK	C	0.12%
JOE	F	0.1%
RDFN	D	0.07%
KW	C	0.07%
EXPI	D	0.06%
OPEN	F	0.06%
AHH	D	0.05%
MMI	C	0.05%
FOR	F	0.04%
LAND	F	0.03%
CHCT	C	0.03%
FPI	B	0.03%
TRC	F	0.02%
RMR	F	0.02%
SRG	F	0.01%
NXDT	F	0.01%

VNQ Underweight 10 Positions Relative to DFGR

Symbol	Grade	Weight
SILA	C	-0.04%
CTO	B	-0.02%
PINE	C	-0.01%
BHR	C	-0.01%
ILPT	F	-0.01%
BRT	A	-0.01%
PSTL	D	-0.01%
FSP	B	-0.0%
CLPR	D	-0.0%
MDV	D	-0.0%