ZRE.TO Alternatives & Similar ETFs

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
HCRE.TO	Global X Equal Weight Canadian REITs Index Corpora...	0.30%	50.88M	Jan 2019	ZRE.TO vs HCRE.TO
VRE.TO	Vanguard FTSE Canadian Capped REIT Index ETF	0.30%	279.39M	Nov 2012	ZRE.TO vs VRE.TO
XRE.TO	iShares S&P/TSX Capped REIT Index ETF	0.61%	1.17B	Oct 2002	ZRE.TO vs XRE.TO
CGR.TO	iShares Global Real Estate Index ETF	0.72%	286.16M	Aug 2008	ZRE.TO vs CGR.TO
HGR.TO	Harvest Global REIT Leaders Income ETF	0.85%	33.67M	Jun 2017	ZRE.TO vs HGR.TO

Best Risk-Adjusted Alternatives to ZRE.TO

ZRE.TO has a PortfoliosLab risk / return rank of 44. There are 3 ETFs in the REIT category with higher risk-adjusted ranks, going as high as 62.

Symbol	Name	Risk / Return Rank	AUM	Inception
MREL.TO	Middlefield Real Estate Dividend ETF	62	145.38M	Apr 2011	ZRE.TO vs MREL.TO
RIT.TO	CI Canadian REIT ETF	47	432.79M	Nov 2004	ZRE.TO vs RIT.TO
HCRE.TO	Global X Equal Weight Canadian REITs Index Corpora...	45	50.88M	Jan 2019	ZRE.TO vs HCRE.TO
XRE.TO	iShares S&P/TSX Capped REIT Index ETF	42	1.17B	Oct 2002	ZRE.TO vs XRE.TO
CGR.TO	iShares Global Real Estate Index ETF	32	286.16M	Aug 2008	ZRE.TO vs CGR.TO

Top Performing ZRE.TO Alternatives (YTD)

ZRE.TO is at 12.91% YTD. There are 3 ETFs in the REIT category with higher YTD returns, going as high as 13.39%.

Symbol	Name	YTD Return	AUM	Inception
MREL.TO	Middlefield Real Estate Dividend ETF	13.39%	145.38M	Apr 2011	ZRE.TO vs MREL.TO
HCRE.TO	Global X Equal Weight Canadian REITs Index Corpora...	13.11%	50.88M	Jan 2019	ZRE.TO vs HCRE.TO
XRE.TO	iShares S&P/TSX Capped REIT Index ETF	12.97%	1.17B	Oct 2002	ZRE.TO vs XRE.TO
CGR.TO	iShares Global Real Estate Index ETF	12.85%	286.16M	Aug 2008	ZRE.TO vs CGR.TO
RIT.TO	CI Canadian REIT ETF	11.70%	432.79M	Nov 2004	ZRE.TO vs RIT.TO

Lowest Volatility Alternatives to ZRE.TO

ZRE.TO has 11.30% 1-year volatility. There is 1 ETF 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	ZRE.TO vs RIT.TO
XRE.TO	iShares S&P/TSX Capped REIT Index ETF	11.79%	1.17B	Oct 2002	ZRE.TO vs XRE.TO
HCRE.TO	Global X Equal Weight Canadian REITs Index Corpora...	12.13%	50.88M	Jan 2019	ZRE.TO vs HCRE.TO
CGR.TO	iShares Global Real Estate Index ETF	12.75%	286.16M	Aug 2008	ZRE.TO vs CGR.TO
MREL.TO	Middlefield Real Estate Dividend ETF	12.90%	145.38M	Apr 2011	ZRE.TO vs MREL.TO

Lowest Drawdown Alternatives to ZRE.TO

ZRE.TO has a 1-year max drawdown of -7.07%. No ETFs in the REIT category have shallower 1-year drawdowns; the lowest-drawdown alternatives shown here go as shallow as -7.21%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
RIT.TO	CI Canadian REIT ETF	-7.21%	432.79M	Nov 2004	ZRE.TO vs RIT.TO
XRE.TO	iShares S&P/TSX Capped REIT Index ETF	-7.51%	1.17B	Oct 2002	ZRE.TO vs XRE.TO
MREL.TO	Middlefield Real Estate Dividend ETF	-7.59%	145.38M	Apr 2011	ZRE.TO vs MREL.TO
HCRE.TO	Global X Equal Weight Canadian REITs Index Corpora...	-7.76%	50.88M	Jan 2019	ZRE.TO vs HCRE.TO
HGR.TO	Harvest Global REIT Leaders Income ETF	-8.05%	33.67M	Jun 2017	ZRE.TO vs HGR.TO

Other ETFs from BMO

The 10 most viewed BMO ETFs shown here include ZMMK.TO, ZSP.TO, ZEQT.TO and span 8 categories. AUM among these funds goes as high as $24B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
ZMMK.TO	BMO Money Market Fund ETF Series	Money Market	99	1.11%	5.68B	Nov 2021	ZRE.TO vs ZMMK.TO
ZSP.TO	BMO S&P 500 Index ETF	S&P 500	75	11.61%	24.23B	Nov 2012	ZRE.TO vs ZSP.TO
ZEQT.TO	BMO All-Equity ETF	Global Equities	83	13.48%	846.16M	Jan 2022	ZRE.TO vs ZEQT.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	Financials Equities, Equal Weight	98	30.90%	6.15B	Oct 2009	ZRE.TO vs ZEB.TO
ZCN.TO	BMO S&P/TSX Capped Composite Index ETF	Canada Equities	87	11.03%	16.91B	May 2009	ZRE.TO vs ZCN.TO
ZQQ.TO	BMO NASDAQ 100 Equity (CAD Hedged)	Nasdaq-100	42	15.13%	3.24B	Jan 2010	ZRE.TO vs ZQQ.TO
ZNQ.TO	BMO NASDAQ 100 Equity Index ETF	Nasdaq-100	72	20.69%	2.39B	Feb 2019	ZRE.TO vs ZNQ.TO
ZLB.TO	BMO Low Volatility Canadian Equity ETF	Canada Equities	57	7.96%	6.18B	Oct 2011	ZRE.TO vs ZLB.TO
ZAG.TO	BMO Aggregate Bond Index ETF	Canadian Government Bonds	28	2.06%	12.97B	Jan 2010	ZRE.TO vs ZAG.TO
ZDV.TO	BMO Canadian Dividend ETF	Canada Equities	97	19.93%	1.83B	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.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
VRE	Veris Residential, Inc.		—	—	—	—	ZRE.TO vs VRE
VNQ	Vanguard Real Estate ETF	REIT	34	11.98%	69.80B	Sep 2004	ZRE.TO vs VNQ
VDY.TO	Vanguard FTSE Canadian High Dividend Yield Index E...	Dividend	98	24.72%	7.99B	Nov 2012	ZRE.TO vs VDY.TO
XEQT.TO	iShares Core Equity ETF Portfolio	Global Equities	85	13.00%	19.56B	Aug 2019	ZRE.TO vs XEQT.TO
VOO	Vanguard S&P 500 ETF	S&P 500	63	8.09%	1.70T	Sep 2010	ZRE.TO vs VOO
IIP-UN.TO	InterRent Real Estate Investment Trust		22	-0.41%	—	—	ZRE.TO vs IIP-UN.TO
CHP-UN.TO	Choice Properties Real Estate Investment Trust		79	13.90%	—	—	ZRE.TO vs CHP-UN.TO
HXH.TO	Global X Canadian High Dividend Index Corporate Cl...	Canada Equities	98	22.21%	241.91M	Apr 2016	ZRE.TO vs HXH.TO
IJS	iShares S&P SmallCap 600 Value ETF	Small Cap Value Equities	81	19.94%	7.85B	Jul 2000	ZRE.TO vs IJS
SPY	State Street SPDR S&P 500 ETF	S&P 500	63	8.25%	765.27B	Jan 1993	ZRE.TO vs SPY
RISN	Inspire Tactical Balanced ESG ETF	Diversified Portfolio	38	4.92%	78.29M	Jul 2020	ZRE.TO vs RISN
VYM	Vanguard High Dividend Yield ETF	Dividend	83	12.09%	96.10B	Nov 2006	ZRE.TO vs VYM
RMAX.TO	Hamilton REITs YIELD MAXIMIZER ETF	REIT	45	12.71%	150.70M	—	ZRE.TO vs RMAX.TO
XEC.TO	iShares Core MSCI Emerging Markets IMI Index ETF	Emerging Markets Equities	81	27.66%	4.78B	Apr 2013	ZRE.TO vs XEC.TO
RS.TO	Real Estate Split Corp.		81	20.04%	—	—	ZRE.TO vs RS.TO
VCB.TO	Vanguard Canadian Corporate Bond Index ETF	Corporate Bonds	37	1.62%	802.07M	Jan 2017	ZRE.TO vs VCB.TO
XHB.TO	iShares Canadian HYBrid Corporate Bond Index ETF	Corporate Bonds	55	2.31%	227.18M	Sep 2010	ZRE.TO vs XHB.TO
VFV.TO	Vanguard S&P 500 Index ETF	S&P 500	75	11.63%	32.85B	Nov 2012	ZRE.TO vs VFV.TO
XDIV.TO	iShares Core MSCI Canadian Quality Dividend Index ...	Dividend, Large Cap Value Equities	98	21.21%	5.54B	Jun 2017	ZRE.TO vs XDIV.TO
XEI.TO	iShares S&P/TSX Composite High Dividend Index ETF	Canada Equities	98	23.52%	4.13B	Apr 2011	ZRE.TO vs XEI.TO

Compare ZRE.TO with Any Fund or Stock

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

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Diversifiers

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

BMO Equal Weight REITs Index ETF (ZRE.TO) Alternatives