All charts and data below are CPI-U inflation-adjusted and with dividends reinvested. (Why?)

Total Real Returns

VNQ: Total Real Return Chart (Dividends Reinvested, Inflation Adjusted)

VNQ real return snapshot: after CPI-U inflation, VNQ returned +4.90% over the past year and +7.38% YTD, with dividends reinvested. Since Sep. 29, 2004, VNQ is up +180.07% in real purchasing-power return, or +4.81%/yr, and is currently −17.54% below its real total-return high on Dec. 31, 2021.

Data ending Tue Sep. 1, 2026

Growth of $10,000

Wed 2004-09-29💬 to Tue 2026-09-01 Overall
Return
Exponential
Trendline
VNQ
×
+180.07%
+4.81%/yr
+4.99%/yr
R2=0.713
Vanguard Real Estate Index Fund ETF Shares Exchange-Traded Fund

Growth of $10,000 Summary

Wed 2004-09-29💬 to Tue 2026-09-01 Start
Value
End
Value
VNQ
×
$10,000.00
2004-09-29
$28,007.33
2026-09-01

This Year’s Performance

through 2026-09-01

  YTD YoY
VNQ
×
+7.38% +4.90%

Drawdowns

  Current
Drawdown
Worst
Drawdown
VNQ
×
−17.54%
on 2026-09-01
from 2021-12-31 peak
−74.28%
on 2009-03-06
from 2007-02-07 peak

Rolling Returns

Period ending Tue 2026-09-01 1 yr 2 yr 3 yr 5 yr 10 yr
VNQ
×
+4.90% +2.68%
+1.33%/yr
+20.51%
+6.42%/yr
−13.57%
−2.87%/yr
+16.03%
+1.50%/yr

Annual Returns

Year VNQ
2026 (YTD) +7.38%
2025 +0.56%
2024 +1.88%
2023 +8.23%
2022 −30.73%
2021 +31.30%
2020 −5.89%
2019 +26.03%
2018 −7.78%
2017 +2.73%
2016 +6.37%
2015 +1.69%
2014 +29.42%
2013 +0.79%
2012 +15.63%
2011 +5.50%
2010 +26.50%
2009 +26.68%
2008 −37.04%
2007 −19.80%
2006 +31.96%
2005 +8.23%
2004 +15.75%