VNQ

VNQ

Vanguard Real Estate ETF

ETF / Index

Fair price

Price today

$96.02

All-time high

$116.01

-17.2% from high · cheap vs its own history

charlieapp.co

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Index ETFs don't have their own calculated Value. They hold hundreds of companies — we work out whether the group is expensive or cheap versus its history.

From high

-17%

all-time high

Cycle low

$71.25

historic floor

Premium

+35%

above the low

Current cycle zone

Undervalued
Discounted
Fair price
Overvalued
Well below the highBelow the highMiddle zoneNear the high
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You are 17% below the all-time high, and 35% above the low of the cycle. The signal comes from where you sit in that range.

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The floor of the cycle is at $71.25; the ceiling, at $116.01. The closer to the floor, the better the spot to build in slowly.

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It has no intrinsic value from fundamentals — the range comes from price highs and lows. The final call is yours; buying gradually (DCA) means a little at a time.

The business

A way to invest in real estate without becoming an owner or a landlord.

VNQ is a basket that tracks a broad U.S. real estate index. Instead of buying buildings, it gathers shares of many companies known as REITs, which are companies that own offices, shopping malls, warehouses, telecom towers, apartments, and data centers.

Its advantage as a vehicle is giving you access to dozens of real estate companies with a single purchase and a very low annual cost, something almost impossible to build on your own. Add diversification and ease of getting in and out.

Catalysts and risks

Structural demand for modern spaces like e-commerce warehouses and data centers that store digital information.

Population growth and urbanization, which sustains the need for housing and commercial space over time.

Many of these funds usually pay out a good part of the rental income to investors, which attracts money flows looking for regular income.

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It's very sensitive to interest rates: when they rise, the cost of financing real estate goes up and the sector tends to suffer.

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It's concentrated in a single theme, U.S. real estate, so if that sector goes through a bad cycle, the whole fund feels it.

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It's cyclical and can have sharp, prolonged drops, as seen in past real estate crises; it also has a small annual cost that is deducted constantly.

Charlie's note

In a fund like this, discipline and low cost matter more than trying to guess the exact entry moment. Watch where the cycle stands between its historical highs and lows, but remember that here you're not buying a company, but the entire tide of the sector.

Analysis · June 2026

Want to follow Vanguard Real Estate ETF?

We do not calculate a value here: Vanguard Real Estate ETF does not generate cash flows you can project, and putting a number on it would be making it up. What you can do is follow it and tell us the price you care about — we will email you when it gets there.

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Charlie informs, it doesn't advise. No information should be taken as a recommendation to buy or sell.