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 7 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%	50.88M	Jan 2019	MREL.TO vs HCRE.TO
ZRE.TO	BMO Equal Weight REITs Index ETF	0.61%	645.17M	May 2010	MREL.TO vs ZRE.TO
XRE.TO	iShares S&P/TSX Capped REIT Index ETF	0.61%	1.17B	Oct 2002	MREL.TO vs XRE.TO
CGR.TO	iShares Global Real Estate Index ETF	0.72%	286.16M	Aug 2008	MREL.TO vs CGR.TO

Best Risk-Adjusted Alternatives to MREL.TO

MREL.TO has a PortfoliosLab risk / return rank of 62. No ETFs in the REIT category have higher risk-adjusted ranks; the top alternatives shown here go as high as 47.

Symbol	Name	Risk / Return Rank	AUM	Inception
RIT.TO	CI Canadian REIT ETF	47	432.79M	Nov 2004	MREL.TO vs RIT.TO
HCRE.TO	Global X Equal Weight Canadian REITs Index Corpora...	45	50.88M	Jan 2019	MREL.TO vs HCRE.TO
ZRE.TO	BMO Equal Weight REITs Index ETF	44	645.17M	May 2010	MREL.TO vs ZRE.TO
XRE.TO	iShares S&P/TSX Capped REIT Index ETF	42	1.17B	Oct 2002	MREL.TO vs XRE.TO
CGR.TO	iShares Global Real Estate Index ETF	32	286.16M	Aug 2008	MREL.TO vs CGR.TO

Top Performing MREL.TO Alternatives (YTD)

MREL.TO is at 13.39% YTD. No ETFs in the REIT category have higher YTD returns; the top-performing alternatives shown here go as high as 13.11%.

Symbol	Name	YTD Return	AUM	Inception
HCRE.TO	Global X Equal Weight Canadian REITs Index Corpora...	13.11%	50.88M	Jan 2019	MREL.TO vs HCRE.TO
XRE.TO	iShares S&P/TSX Capped REIT Index ETF	12.97%	1.17B	Oct 2002	MREL.TO vs XRE.TO
ZRE.TO	BMO Equal Weight REITs Index ETF	12.91%	645.17M	May 2010	MREL.TO vs ZRE.TO
CGR.TO	iShares Global Real Estate Index ETF	12.85%	286.16M	Aug 2008	MREL.TO vs CGR.TO
RIT.TO	CI Canadian REIT ETF	11.70%	432.79M	Nov 2004	MREL.TO vs RIT.TO

Lowest Volatility Alternatives to MREL.TO

MREL.TO has 12.90% 1-year volatility. There are 5 ETFs in the REIT category with lower 1-year volatility, going as low as 10.72%.

Symbol	Name	Volatility 1Y	AUM	Inception
RIT.TO	CI Canadian REIT ETF	10.72%	432.79M	Nov 2004	MREL.TO vs RIT.TO
ZRE.TO	BMO Equal Weight REITs Index ETF	11.30%	645.17M	May 2010	MREL.TO vs ZRE.TO
XRE.TO	iShares S&P/TSX Capped REIT Index ETF	11.79%	1.17B	Oct 2002	MREL.TO vs XRE.TO
HCRE.TO	Global X Equal Weight Canadian REITs Index Corpora...	12.13%	50.88M	Jan 2019	MREL.TO vs HCRE.TO
CGR.TO	iShares Global Real Estate Index ETF	12.75%	286.16M	Aug 2008	MREL.TO vs CGR.TO

Lowest Drawdown Alternatives to MREL.TO

MREL.TO has a 1-year max drawdown of -7.59%. There are 3 ETFs in the REIT category with shallower 1-year drawdowns, going as shallow as -7.07%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
ZRE.TO	BMO Equal Weight REITs Index ETF	-7.07%	645.17M	May 2010	MREL.TO vs ZRE.TO
RIT.TO	CI Canadian REIT ETF	-7.21%	432.79M	Nov 2004	MREL.TO vs RIT.TO
XRE.TO	iShares S&P/TSX Capped REIT Index ETF	-7.51%	1.17B	Oct 2002	MREL.TO vs XRE.TO
HCRE.TO	Global X Equal Weight Canadian REITs Index Corpora...	-7.76%	50.88M	Jan 2019	MREL.TO vs HCRE.TO
HGR.TO	Harvest Global REIT Leaders Income ETF	-8.05%	33.67M	Jun 2017	MREL.TO vs HGR.TO

Often Compared With MREL.TO

Investors most often compare MREL.TO with RMAX.TO. These 1 comparison targets span 1 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
RMAX.TO	Hamilton REITs YIELD MAXIMIZER ETF	REIT	45	12.71%	150.70M	—	MREL.TO vs RMAX.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