Vanguard Global ex-U.S. Real Estate ETF offers broad, low-cost exposure to the foreign real estate market. It excludes U.S. securities from its portfolio, which restricts its opportunity set and makes it a misfit among its global real estate Morningstar Category peers. However, its ultralow expense ratio provides a consistent edge and merits a Morningstar Analyst Rating of Bronze.
Will VNQI outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable VNQI’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the VNQI management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of VNQI’s parent organization’s priorities and whether they’re in line with investors’ interests.