BMO Equal Weight REITs Index ETF (ZRE.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 ZRE.TO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to ZRE.TO
ZRE.TO charges 0.61% annually. There are 2 ETFs in the REIT category with lower expense ratios, going as low as 0.30%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard FTSE Canadian Capped REIT Index ETF | 0.30% | 279.39M | Nov 2012 | ZRE.TO vs VRE.TO | |
| Global X Equal Weight Canadian REITs Index Corpora... | 0.30% | 49.95M | Jan 2019 | ZRE.TO vs HCRE.TO | |
| iShares S&P/TSX Capped REIT Index ETF | 0.61% | 1.15B | Oct 2002 | ZRE.TO vs XRE.TO | |
| iShares Global Real Estate Index ETF | 0.72% | 280.94M | Aug 2008 | ZRE.TO vs CGR.TO | |
| Harvest Global REIT Leaders Income ETF | 0.85% | 32.92M | Jun 2017 | ZRE.TO vs HGR.TO |
Best Risk-Adjusted Alternatives to ZRE.TO
ZRE.TO has a PortfoliosLab risk / return rank of 29. There are 3 ETFs in the REIT category with higher risk-adjusted ranks, going as high as 37.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Middlefield Real Estate Dividend ETF | 37 | 145.38M | Apr 2011 | ZRE.TO vs MREL.TO | |
| Global X Equal Weight Canadian REITs Index Corpora... | 34 | 49.95M | Jan 2019 | ZRE.TO vs HCRE.TO | |
| BMO Global REIT Fund Active ETF Series | 30 | — | Jun 2023 | ZRE.TO vs BGRT.NEO | |
| CI Canadian REIT ETF | 29 | 424.68M | Nov 2004 | ZRE.TO vs RIT.TO | |
| iShares S&P/TSX Capped REIT Index ETF | 27 | 1.15B | Oct 2002 | ZRE.TO vs XRE.TO |
Top Performing ZRE.TO Alternatives (YTD)
ZRE.TO is at 9.53% YTD. There are 2 ETFs in the REIT category with higher YTD returns, going as high as 9.90%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Global X Equal Weight Canadian REITs Index Corpora... | 9.90% | 49.95M | Jan 2019 | ZRE.TO vs HCRE.TO | |
| iShares S&P/TSX Capped REIT Index ETF | 9.55% | 1.15B | Oct 2002 | ZRE.TO vs XRE.TO | |
| Middlefield Real Estate Dividend ETF | 8.56% | 145.38M | Apr 2011 | ZRE.TO vs MREL.TO | |
| iShares Global Real Estate Index ETF | 7.84% | 280.94M | Aug 2008 | ZRE.TO vs CGR.TO | |
| CI Canadian REIT ETF | 7.57% | 424.68M | Nov 2004 | ZRE.TO vs RIT.TO |
Lowest Volatility Alternatives to ZRE.TO
ZRE.TO has 11.09% 1-year volatility. There are 2 ETFs in the REIT category with lower 1-year volatility, going as low as 9.72%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| BMO Global REIT Fund Active ETF Series | 9.72% | — | Jun 2023 | ZRE.TO vs BGRT.NEO | |
| CI Canadian REIT ETF | 10.52% | 424.68M | Nov 2004 | ZRE.TO vs RIT.TO | |
| iShares S&P/TSX Capped REIT Index ETF | 11.66% | 1.15B | Oct 2002 | ZRE.TO vs XRE.TO | |
| Global X Equal Weight Canadian REITs Index Corpora... | 11.95% | 49.95M | Jan 2019 | ZRE.TO vs HCRE.TO | |
| iShares Global Real Estate Index ETF | 12.51% | 280.94M | Aug 2008 | ZRE.TO vs CGR.TO |
Lowest Drawdown Alternatives to ZRE.TO
ZRE.TO has a 1-year max drawdown of -7.07%. There is 1 ETF in the REIT category with a shallower 1-year drawdown, going as shallow as -6.17%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| BMO Global REIT Fund Active ETF Series | -6.17% | — | Jun 2023 | ZRE.TO vs BGRT.NEO | |
| CI Canadian REIT ETF | -7.21% | 424.68M | Nov 2004 | ZRE.TO vs RIT.TO | |
| iShares S&P/TSX Capped REIT Index ETF | -7.51% | 1.15B | Oct 2002 | ZRE.TO vs XRE.TO | |
| Middlefield Real Estate Dividend ETF | -7.59% | 145.38M | Apr 2011 | ZRE.TO vs MREL.TO | |
| Global X Equal Weight Canadian REITs Index Corpora... | -7.76% | 49.95M | Jan 2019 | ZRE.TO vs HCRE.TO |
Other ETFs from BMO
The 10 most viewed BMO ETFs shown here include ZMMK.TO, ZSP.TO, ZEQT.TO and span 7 categories. AUM among these funds goes as high as $24B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| BMO Money Market Fund ETF Series | Money Market | 100 | 0.95% | 5.70B | Nov 2021 | ZRE.TO vs ZMMK.TO | |
| BMO S&P 500 Index ETF | S&P 500 | 72 | 12.15% | 23.82B | Nov 2012 | ZRE.TO vs ZSP.TO | |
| BMO All-Equity ETF | Global Equities | 75 | 13.04% | 789.04M | Jan 2022 | ZRE.TO vs ZEQT.TO | |
| BMO Equal Weight Banks Index ETF | Financials Equities | 96 | 19.22% | 5.16B | Oct 2009 | ZRE.TO vs ZEB.TO | |
| BMO S&P/TSX Capped Composite Index ETF | Canada Equities | 80 | 10.70% | 16.67B | May 2009 | ZRE.TO vs ZCN.TO | |
| BMO NASDAQ 100 Equity (CAD Hedged) | Nasdaq-100 | 67 | 19.82% | 3.25B | Jan 2010 | ZRE.TO vs ZQQ.TO | |
| BMO NASDAQ 100 Equity Index ETF | Nasdaq-100 | 74 | 22.76% | 2.28B | Feb 2019 | ZRE.TO vs ZNQ.TO | |
| BMO Low Volatility Canadian Equity ETF | Canada Equities | 54 | 3.14% | 6.10B | Oct 2011 | ZRE.TO vs ZLB.TO | |
| BMO Aggregate Bond Index ETF | Canadian Government Bonds | 21 | 1.70% | 12.80B | Jan 2010 | ZRE.TO vs ZAG.TO | |
| BMO Canadian Dividend ETF | Canada Equities | 85 | 18.56% | 1.72B | Oct 2011 | ZRE.TO vs ZDV.TO |
Often Compared With ZRE.TO
Investors most often compare ZRE.TO with VRE, VNQ, VDY.TO. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.
Compare ZRE.TO with Any Fund or Stock
Compare ZRE.TO with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair ZRE.TO with funds that move differently
BMO Equal Weight REITs Index ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to ZRE.TO.
Explore ZRE.TO Diversifiers