SRVR vs VNQI: Real Estate ETF Showdown
Institutional side-by-side analysis of fees, dividend cash flows, and underlying holdings overlap.
Key Fundamental Specifications
| Metric | SRVR | VNQI |
|---|---|---|
| Annual Expense Ratio | 0.60% | 0.12% Lowest Fee |
| Annual Dividend Yield | 3.10% | 4.60% Higher Yield |
| Assets Under Management (AUM) | $1.1 Billion | $3.6 Billion |
| Number of Holdings | 25 Constituents | 650 Constituents |
| Fund Issuer | Pacer ETFs | Vanguard |
| Benchmark Index | Kelly Data Center & 5G Infrastructure Index | S&P Global ex-U.S. Property Index |
Top Holdings & Weight Overlap
Constituent weights across both funds:
| REIT Constituent | SRVR Weight | VNQI Weight |
|---|---|---|
| EQIX Equinix Inc. | 15.2% | 0.0% |
| DLR Digital Realty Trust | 14.8% | 0.0% |
| AMT American Tower Corp. | 14.1% | 0.0% |
| CCI Crown Castle Inc. | 12.5% | 0.0% |
| SBAC SBA Communications | 8.4% | 0.0% |
Institutional Verdict: SRVR or VNQI?
Fee Advantage: VNQI offers the lower expense ratio at 0.12% vs 0.60%. Over a 20-year holding period, lower expense drag preserves thousands of dollars in cumulative returns.
Yield Generation: For income-focused investors, VNQI provides the higher current dividend yield at 4.60%, making it more attractive for living off dividend cash flow.
Conclusion: If your priority is low-cost passive index tracking, choose VNQI. If your mandate is maximum immediate dividend yield, choose VNQI.
Frequently Asked Questions
What is the difference between SRVR and VNQI?
Pacer Data & Infrastructure Real Estate ETF (SRVR) is issued by Pacer ETFs with an expense ratio of 0.60% and dividend yield of 3.10%. In comparison, Vanguard Global ex-U.S. Real Estate ETF (VNQI) is issued by Vanguard charging 0.12% with a yield of 4.60%.
Which REIT ETF has lower fees: SRVR or VNQI?
VNQI has the lower annual expense ratio (0.12% vs 0.60%), saving long-term investors money on compounding fee drag.
Which ETF pays a higher dividend yield: SRVR or VNQI?
VNQI currently pays the higher annualized dividend yield (4.60% vs 3.10%).
Can I hold both SRVR and VNQI in a portfolio?
While you can hold both, SRVR and VNQI share significant constituent overlap in top REITs like Prologis, American Tower, and Equinix. Holding both may cause redundant portfolio exposure.