MREL.TO Alternatives & Similar ETFs

Middlefield Real Estate Dividend ETF (MREL.TO) belongs to the REIT category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with MREL.TO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to MREL.TO

Among 8 ETFs in the REIT category with expense-ratio data, the lowest-cost alternatives shown here go as low as 0.30%.

Symbol	Name	Expense Ratio	AUM	Inception
VRE.TO	Vanguard FTSE Canadian Capped REIT Index ETF	0.30%	279.39M	Nov 2012	MREL.TO vs VRE.TO
HCRE.TO	Global X Equal Weight Canadian REITs Index Corpora...	0.30%	49.95M	Jan 2019	MREL.TO vs HCRE.TO
ZRE.TO	BMO Equal Weight REITs Index ETF	0.61%	628.51M	May 2010	MREL.TO vs ZRE.TO
XRE.TO	iShares S&P/TSX Capped REIT Index ETF	0.61%	1.15B	Oct 2002	MREL.TO vs XRE.TO
CGR.TO	iShares Global Real Estate Index ETF	0.72%	280.94M	Aug 2008	MREL.TO vs CGR.TO

Best Risk-Adjusted Alternatives to MREL.TO

MREL.TO has a PortfoliosLab risk / return rank of 37. No ETFs in the REIT category have higher risk-adjusted ranks; the top alternatives shown here go as high as 34.

Symbol	Name	Risk / Return Rank	AUM	Inception
HCRE.TO	Global X Equal Weight Canadian REITs Index Corpora...	34	49.95M	Jan 2019	MREL.TO vs HCRE.TO
BGRT.NEO	BMO Global REIT Fund Active ETF Series	30	—	Jun 2023	MREL.TO vs BGRT.NEO
ZRE.TO	BMO Equal Weight REITs Index ETF	29	628.51M	May 2010	MREL.TO vs ZRE.TO
RIT.TO	CI Canadian REIT ETF	29	424.68M	Nov 2004	MREL.TO vs RIT.TO
XRE.TO	iShares S&P/TSX Capped REIT Index ETF	27	1.15B	Oct 2002	MREL.TO vs XRE.TO

Top Performing MREL.TO Alternatives (YTD)

MREL.TO is at 8.56% YTD. There are 3 ETFs in the REIT category with higher YTD returns, going as high as 9.90%.

Symbol	Name	YTD Return	AUM	Inception
HCRE.TO	Global X Equal Weight Canadian REITs Index Corpora...	9.90%	49.95M	Jan 2019	MREL.TO vs HCRE.TO
XRE.TO	iShares S&P/TSX Capped REIT Index ETF	9.55%	1.15B	Oct 2002	MREL.TO vs XRE.TO
ZRE.TO	BMO Equal Weight REITs Index ETF	9.53%	628.51M	May 2010	MREL.TO vs ZRE.TO
CGR.TO	iShares Global Real Estate Index ETF	7.84%	280.94M	Aug 2008	MREL.TO vs CGR.TO
RIT.TO	CI Canadian REIT ETF	7.57%	424.68M	Nov 2004	MREL.TO vs RIT.TO

Lowest Volatility Alternatives to MREL.TO

MREL.TO has 12.93% 1-year volatility. There are 6 ETFs in the REIT category with lower 1-year volatility, going as low as 9.72%.

Symbol	Name	Volatility 1Y	AUM	Inception
BGRT.NEO	BMO Global REIT Fund Active ETF Series	9.72%	—	Jun 2023	MREL.TO vs BGRT.NEO
RIT.TO	CI Canadian REIT ETF	10.52%	424.68M	Nov 2004	MREL.TO vs RIT.TO
ZRE.TO	BMO Equal Weight REITs Index ETF	11.09%	628.51M	May 2010	MREL.TO vs ZRE.TO
XRE.TO	iShares S&P/TSX Capped REIT Index ETF	11.66%	1.15B	Oct 2002	MREL.TO vs XRE.TO
HCRE.TO	Global X Equal Weight Canadian REITs Index Corpora...	11.95%	49.95M	Jan 2019	MREL.TO vs HCRE.TO

Lowest Drawdown Alternatives to MREL.TO

MREL.TO has a 1-year max drawdown of -7.59%. There are 4 ETFs in the REIT category with shallower 1-year drawdowns, going as shallow as -6.17%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
BGRT.NEO	BMO Global REIT Fund Active ETF Series	-6.17%	—	Jun 2023	MREL.TO vs BGRT.NEO
ZRE.TO	BMO Equal Weight REITs Index ETF	-7.07%	628.51M	May 2010	MREL.TO vs ZRE.TO
RIT.TO	CI Canadian REIT ETF	-7.21%	424.68M	Nov 2004	MREL.TO vs RIT.TO
XRE.TO	iShares S&P/TSX Capped REIT Index ETF	-7.51%	1.15B	Oct 2002	MREL.TO vs XRE.TO
HCRE.TO	Global X Equal Weight Canadian REITs Index Corpora...	-7.76%	49.95M	Jan 2019	MREL.TO vs HCRE.TO

Often Compared With MREL.TO

Investors most often compare MREL.TO with RMAX.TO, HGR.TO. These 2 comparison targets span 2 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
RMAX.TO	Hamilton REITs YIELD MAXIMIZER ETF	REIT	26	7.20%	146.00M	—	MREL.TO vs RMAX.TO
HGR.TO	Harvest Global REIT Leaders Income ETF	REIT, Derivative Income	11	5.14%	32.92M	Jun 2017	MREL.TO vs HGR.TO

Compare MREL.TO with Any Fund or Stock

Compare MREL.TO with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

Pair MREL.TO with funds that move differently

Middlefield Real Estate Dividend ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MREL.TO.

Explore MREL.TO Diversifiers

Middlefield Real Estate Dividend ETF (MREL.TO) Alternatives