VGRLX

About VGRLX

Vanguard Global ex-U.S. Real Estate Index Fund Admiral Shares is a mutual fund designed to provide investors with comprehensive exposure to international real estate markets. The fund primarily seeks to track the performance of the S&P Global ex-U.S. Property Index, capturing the investment returns of real estate equities located in both developed and emerging markets outside the United States. It invests almost exclusively in real estate companies, such as REITs and property firms, with a broad portfolio that covers hundreds of holdings and a relatively low concentration in its top 10 positions. A key characteristic of this fund is its low expense ratio, making it an attractive choice for cost-conscious investors seeking international diversification within the real estate sector. The fund plays a distinctive role in the financial market by enabling access to property markets across Europe, Asia, and other regions, providing diversification benefits and a potential hedge against domestic market volatility. Its construction excludes U.S.-based securities, which allows investors to complement domestic real estate holdings with global exposure.