Basic Fund Data
Fund Provider:	Vanguard Group
Asset Class:	Equity
Fund Category:	U.S. Real Estate
Ticker:	VNQ
Expense Ratio:	0.15%
Fund Category Expense Ratio Average:	0.57%
Options:	Yes
Fund Inception Date:	09-23-2004
Fund Structure:	Open-Ended
Fund Weighting Restrictions:	Diversified Fund Rules
Fund Tracking Method:	Full Replication
Dividend Payment Frequency:
Basic Index Data
Index Name:	MSCI US REIT Index
Index Provider:	MSCI Barra
No of Index Holdings:	100-500
Explanation of Index Strategy
Security Selection Category:	Passive
Security Selection Method:	Industry Sector
Security Selection Frequency:	Quarterly
Index Weighting Category:	Capitalization
Index Weighting Method:	Free Float
Index Weighting Frequency:	Daily

Market Price Return
1-Year:	1.83%
3-Year annualized:	-15.06%
5-Year annualized:	-0.77%
10-Year annualized:
Annual Performance History
2009:	13.35
2008:	-37.04
2007:	-16.4%
2006:	33.67%
2005:	11.83%
2004:
2003:
2002:
2001:
2000:
Data as of 10/31/09

Fundamentals
Assets MM:	$3765
P/E Ratio:	20.61
P/B Ratio:	1.15
Median Market Cap:	$2797.39
12-month yield:	5.9%
Data as of 10/31/09

Risk / 3-Year Average
Alpha:	0.04
Beta:	1.64
Standard Deviation:	11.42
Sharpe Ratio:	-0.45
Data as of 10/31/09

Index Snapshot:

The Vanguard REIT ETF (Ticker: VNQ) seeks investment results that correspond generally to the performance, before fees and expenses, of the MSCI US REIT Index. The index members are real estate equity securities from the MSCI US Investable Market 2500 Index (IMI), which represents an investable universe of the US equity market. Constituents in the index include owned and managed real estate properties such as apartments, retail, office, and industrial space. Mortgage REITs are excluded. The MSCI US REIT Index reflects the evolving equity REIT market through quarterly index reviews.