Industry Distribution:

• Real Estate: 100%

TOP 3 Markets:

• Japan: 22%
• United Kingdom: 15%
• Australia: 10%

The Vanguard Global ex-U.S. Real Estate ETF (VNQI) focuses exclusively on the real estate sector outside the USA. Revenues therefore come entirely from real estate investments such as REITs and real estate companies.

Japan, the United Kingdom, and Australia are the largest markets for this ETF, reflecting geographical diversification and strategic allocation in developed markets. These markets offer stable legal frameworks and strong real estate markets, making them attractive for investments.

Vanguard International Equity Index Funds - Vanguard Global ex-U.S. Real Estate ETF (NasdaqGM:VNQI)

Vanguard is not a manufacturing company, but an investment fund provider. The Vanguard Global ex-U.S. Real Estate ETF (VNQI) invests in real estate stocks outside the USA.

The fund itself does not produce physical products, but offers investors the opportunity to invest in a diversified portfolio of international real estate stocks. The underlying real estate companies in which VNQI invests can operate worldwide and develop and manage real estate projects in different countries.

Current Strategy: Diversification and Global Expansion
Focus Regions: Asia-Pacific and Europe
Investment Focus: Real Estate Markets outside the USA

Vanguard International Equity Index Funds, especially the Vanguard Global ex-U.S. Real Estate ETF (VNQI), pursues a strategy aimed at diversification and global expansion. The fund invests in real estate markets outside the USA to benefit from the economic development and growth opportunities in these regions.

A particular focus is on the emerging markets in the Asia-Pacific region and established markets in Europe. These markets offer potential for long-term growth as they are shaped by urbanization and economic development.

Vanguard emphasizes a broad diversification of investments to minimize risks and at the same time benefit from different economic cycles. This enables the fund to achieve stable returns and hedge against market fluctuations.

Current specific data on commodity imports: Not available for VNQI.

The Vanguard Global ex-U.S. Real Estate ETF (VNQI) invests in real estate stocks outside the USA. As an ETF that invests in a variety of real estate companies, VNQI does not import commodities or materials itself. Instead, the fund invests in companies that may require commodities for their construction and development projects.

Real estate companies included in VNQI may import commodities such as steel, concrete, and wood. The origin of these materials depends on the individual companies and their projects, which may be located in different countries. Common exporting countries for such commodities are China, Canada, and Brazil.

Since VNQI is a diversified fund, specific commodity imports vary greatly depending on the companies included in the fund and their geographical location.

Current fund volume: approximately 5.8 billion USD (2023)
Expense ratio: 0.12% (2023)
Annual return (3 years): 4.5% (2023)

The Vanguard Global ex-U.S. Real Estate ETF (VNQI) provides investors with access to international real estate markets outside the USA. A key competitive advantage of the fund lies in its broad diversification across different countries and real estate sectors, reducing the risk for investors.

The low expense ratio of 0.12% is another significant advantage, as it is very competitive compared to other international real estate funds. This allows investors to retain a larger portion of their returns.

Vanguard is known for its efficient management and cost-effective investment solutions, making VNQI an attractive option for investors seeking international real estate exposure. Vanguard's strong brand reputation also contributes to a sustainable competitive advantage.

Institutional Investor Share: Approximately 70% (estimated for 2025 based on historical trends)

Insider Buys/Sells: No significant insider transactions known (estimated for 2025)

The Vanguard Global ex-U.S. Real Estate ETF (VNQI) is mainly held by institutional investors, which is typical for ETFs focusing on international real estate markets. These investors use the ETF to diversify their portfolios and benefit from global real estate markets.

Insider transactions are less relevant for ETFs like VNQI, as they do not represent individual companies but rather track a basket of stocks. Therefore, there are usually no significant insider buys or sells directly affecting the ETF.

Market share of VNQI: Estimate 3-5% (2025)

Main competitors and their market shares:

1. iShares Global REIT ETF (REET): Estimate 6-8%
2. SPDR Dow Jones Global Real Estate ETF (RWO): Estimate 5-7%
3. Schwab International Real Estate ETF (SCHH): Estimate 4-6%
4. Invesco International Real Estate ETF (VNQI): Estimate 3-5%
5. FlexShares Global Quality Real Estate Index Fund (GQRE): Estimate 2-4%

The Vanguard Global ex-U.S. Real Estate ETF (VNQI) has a moderate market share compared to its competitors. The ETF offers broad diversification into international real estate markets outside the USA, which is attractive to investors seeking global diversification.

VNQI's moat lies in its broad international diversification and the strong Vanguard brand known for cost-effective and efficient index funds. This can be seen as an advantage over some competitors who may have higher cost structures.

However, some of the competing ETFs, such as the iShares Global REIT ETF, may have a stronger moat due to broader market coverage and higher market share. This could give them an advantage in liquidity and scale efficiency. Overall, the perceived moat heavily depends on the specific investment goals and preferences of investors.

Assets Under Management (AUM): $5.2 billion (2024)

Annual Return (3 years): 6.8% (2024)

Diversification: Global, excluding USA

The Vanguard Global ex-U.S. Real Estate ETF (VNQI) offers broad diversification through investments in real estate markets outside the USA. With assets under management of $5.2 billion, the fund demonstrates a strong capital base, indicating a solid investor foundation.

Over the past three years, the ETF has achieved an average annual return of 6.8%, pointing to stable performance in a volatile market environment. This return is attractive to investors seeking a stable source of income, especially in times of low interest rates.

The fund's global diversification helps to spread risk and benefit from growth opportunities in various international real estate markets. This makes the VNQI a potentially good investment for investors looking to diversify their portfolio internationally while also seeking to benefit from the stability of the real estate sector.

Dividend Yield: 3.1% (2024)
Payout Frequency: Quarterly

The Vanguard Global ex-U.S. Real Estate ETF (VNQI) regularly pays out dividends, typically on a quarterly basis to investors. The dividend yield was recently around 3.1% in 2024, which is competitive compared to other international real estate funds.

The reliability of the payout is relatively high as the ETF invests in a broad range of real estate companies outside the USA. This diversification helps stabilize returns. However, dividends can fluctuate depending on market conditions and company earnings. Therefore, investors should keep an eye on economic developments in the relevant markets.