ETF Copilot
Real Estate & Infra

Is VNQI a good investment?

Updated October 9, 2026

Vanguard Global ex-U.S. Real Estate ETF (VNQI) is a real estate and infrastructure ETF. As of October 9, 2026, ETF Copilot scores VNQI 2.3 out of 10 — highest on Risk (4.6), lowest on Return (0.6). It trades at 11.2 times earnings, against its own median of 10.7. Its ten largest holdings are 22% of the fund.

What stands out in VNQI's data

Real estate companies outside the U.S., from malls to data centers.

Earns more on its equity than the typical global real estate fund — a sign of stronger underlying profitability.

Return on equity of 3.1% sits ahead of the peer median of 2.4%, though below its own historical median of 5.1%. ROIC stands at 5.0%.

Adds international real estate exposure to a portfolio anchored in U.S. REITs.

How is VNQI rated? ETF Copilot scores Vanguard Global ex-U.S. Real Estate ETF (VNQI) 2.3 out of 10

As of October 9, 2026, ETF Copilot scores Vanguard Global ex-U.S. Real Estate ETF (VNQI) 2.3 out of 10 overall.

ETF Copilot scores (0–10 scale, higher is better):

  • Overall: 2.3 / 10
  • Growth: 2.5 / 10
  • Value: 2.6 / 10
  • Risk: 4.6 / 10
  • Quality: 2.1 / 10
  • Return: 0.6 / 10

Is VNQI expensive right now? It trades at 11.2 times earnings, against its own median of 10.7

As of October 9, 2026, VNQI is more expensive than 59% of its own last 9 years.

Trailing 12 months, built from VNQI's holdings. How we calculate this →

What's inside VNQI?

What's inside VNQI: Size (Large 7%, Mid 50%, Small 44%); Geography (International 100%, US 0%).

What are VNQI's top holdings? The ten largest are 22% of the fund

Less concentrated than 99% of Real Estate & Infra ETFs.

Half of VNQI's weight sits in its 52 largest positions, and once those weights are taken into account it behaves like 120 equally weighted holdings.

What is VNQI's expense ratio? 0.12% a year

As of October 9, 2026, VNQI charges 0.12% a year, yields 5.12% and holds $3.8B in assets across 698 positions.

Vanguard Global ex-U.S. Real Estate ETF (VNQI) — cost, income and size
MeasureVNQI
Expense ratio0.12%
Dividend yield5.12%
Assets under management$3.8B
Holdings698

Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.

Cite this

ETF Copilot, “Vanguard Global ex-U.S. Real Estate ETF (VNQI) scores and holdings analysis”, as of October 9, 2026.
https://etf-copilot.com/etf/vnqi

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