VNQ vs XLK — 20-Year Performance Comparison
Real Estate (REIT) vs Technology — backtested 2005–2024
XLK wins$163,362 vs $37,027 on $10,000 over 20 years
VNQReal Estate (REIT)
Final value$37,027
CAGR+6.8%
Max drawdown-47.3%
Best year+41% (2021)
Years won9 of 20
XLKTechnology
Final value$163,362
CAGR+15.0%
Max drawdown-42.3%
Best year+62% (2009)
Years won11 of 20
Growth of $10,000
2005–2024VNQXLK
VNQ$37,027
XLK$163,362
50/50 mix$85,016
50/50 blend: $85,016 (+11.3%/yr CAGR)
Splitting equally between VNQ and XLK would have landed between the two — slightly lower CAGR than XLK but less volatility. Try a custom split →
Year-by-year: VNQ vs XLK
| Year | VNQ | XLK | Winner |
|---|---|---|---|
| 2024 | +4.8% | +24.0% | XLK |
| 2023 | +11.8% | +57.8% | XLK |
| 2022 | -26.2% | -28.2% | VNQ |
| 2021 | +40.5% | +34.5% | VNQ |
| 2020 | -4.7% | +43.9% | XLK |
| 2019 | +28.9% | +50.3% | XLK |
| 2018 | -6.0% | -1.6% | XLK |
| 2017 | +4.9% | +38.8% | XLK |
| 2016 | +8.6% | +13.9% | XLK |
| 2015 | +2.4% | +4.3% | XLK |
| 2014 | +30.4% | +19.8% | VNQ |
| 2013 | +2.3% | +27.7% | XLK |
| 2012 | +17.6% | +14.0% | VNQ |
| 2011 | +8.6% | +2.7% | VNQ |
| 2010 | +28.4% | +11.1% | VNQ |
| 2009 | +30.1% | +61.7% | XLK |
| 2008 | -37.0% | -42.3% | VNQ |
| 2007 | -16.3% | +16.4% | XLK |
| 2006 | +35.2% | +12.2% | VNQ |
| 2005 | +11.6% | +1.6% | VNQ |
More comparisons
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