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BGRT.NEO vs. RIT.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

BGRT.NEO vs. RIT.TO

Last updated Jun 4, 2026

BGRT.NEO (BMO Global REIT Fund Active ETF Series) and RIT.TO (CI Canadian REIT ETF) are both REIT funds. Both are actively managed. Over the past year, BGRT.NEO returned 6.97% vs 10.62% for RIT.TO. At a 0.20 correlation, their price movements are largely independent. BGRT.NEO charges 1.01%/yr vs 0.87%/yr for RIT.TO.

Performance

BGRT.NEO vs. RIT.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in BMO Global REIT Fund Active ETF Series (BGRT.NEO) and CI Canadian REIT ETF (RIT.TO). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, BGRT.NEO achieves a 6.70% return, which is significantly lower than RIT.TO's 7.57% return.

BGRT.NEO

1D
0.00%
1M
-0.56%
YTD
6.70%
6M
5.55%
1Y
6.97%
3Y*
—
5Y*
—
10Y*
—

RIT.TO

1D
-0.62%
1M
-0.30%
YTD
7.57%
6M
9.98%
1Y
10.62%
3Y*
8.19%
5Y*
3.71%
10Y*
6.65%
*Multi-year figures are annualized to reflect compound growth (CAGR)

BGRT.NEO vs. RIT.TO - Yearly Performance Comparison

2026 (YTD)202520242023
BGRT.NEO
BMO Global REIT Fund Active ETF Series		6.70%1.51%5.79%8.18%
RIT.TO
CI Canadian REIT ETF		7.57%11.98%2.51%6.12%

Correlation

The correlation between BGRT.NEO and RIT.TO is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.17

Correlation (All Time)
Calculated using the full available price history since Jun 28, 2023

0.20

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

BMO Global REIT Fund Active ETF Series

CI Canadian REIT ETF

Often compared with BGRT.NEO:
BGRT.NEO vs. MREL.TOBGRT.NEO vs. CGR.TOBGRT.NEO vs. VRE.TOBGRT.NEO vs. HCRE.TOBGRT.NEO vs. XRE.TOBGRT.NEO vs. ZEQT.TOBGRT.NEO vs. ZUQ.TO
Often compared with RIT.TO:
RIT.TO vs. ZRE.TORIT.TO vs. XRE.TORIT.TO vs. RMAX.TORIT.TO vs. HGR.TORIT.TO vs. VRE.TORIT.TO vs. SRVRRIT.TO vs. SCHH

Return for Risk

BGRT.NEO vs. RIT.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
BGRT.NEO
BGRT.NEO Risk / Return Rank: 3030
Overall Rank
BGRT.NEO Sharpe Ratio Rank: 2222
Sharpe Ratio Rank
BGRT.NEO Sortino Ratio Rank: 1919
Sortino Ratio Rank
BGRT.NEO Omega Ratio Rank: 5858
Omega Ratio Rank
BGRT.NEO Calmar Ratio Rank: 2525
Calmar Ratio Rank
BGRT.NEO Martin Ratio Rank: 2424
Martin Ratio Rank
RIT.TO
RIT.TO Risk / Return Rank: 2929
Overall Rank
RIT.TO Sharpe Ratio Rank: 2828
Sharpe Ratio Rank
RIT.TO Sortino Ratio Rank: 2828
Sortino Ratio Rank
RIT.TO Omega Ratio Rank: 2626
Omega Ratio Rank
RIT.TO Calmar Ratio Rank: 3030
Calmar Ratio Rank
RIT.TO Martin Ratio Rank: 3030
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BGRT.NEO vs. RIT.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BMO Global REIT Fund Active ETF Series (BGRT.NEO) and CI Canadian REIT ETF (RIT.TO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

BGRT.NEORIT.TODifference
Sharpe ratioReturn per unit of total volatility
0.72
1.01

-0.29

Sortino ratioReturn per unit of downside risk
0.96
1.53

-0.57

Omega ratioGain probability vs. loss probability

1.35

1.18

+0.17

Calmar ratioReturn relative to maximum drawdown

1.13

1.48

-0.34

Martin ratioReturn relative to average drawdown

3.09

4.25

-1.17

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BGRT.NEO vs. RIT.TO - Sharpe Ratio Comparison

The current BGRT.NEO Sharpe Ratio is 0.72, which is comparable to the RIT.TO Sharpe Ratio of 1.01. The chart below compares the historical Sharpe Ratios of BGRT.NEO and RIT.TO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

BGRT.NEORIT.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.72

1.01

-0.29

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

—

0.25

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.43

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.54

0.52

+0.02

Drawdowns

BGRT.NEO vs. RIT.TO - Drawdown Comparison

The maximum BGRT.NEO drawdown since its inception was -16.06%, smaller than the maximum RIT.TO drawdown of -56.72%. Use the drawdown chart below to compare losses from any high point for BGRT.NEO and RIT.TO.

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Drawdown Indicators

BGRT.NEORIT.TODifference

Max Drawdown

Largest peak-to-trough decline

-16.06%

-56.72%

+40.66%

Max Drawdown (1Y)

Largest decline over 1 year

-6.17%

-7.21%

+1.04%

Max Drawdown (3Y)

Largest decline over 3 years

—

-17.16%

—

Max Drawdown (5Y)

Largest decline over 5 years

—

-30.75%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-40.90%

—

Current Drawdown

Current decline from peak

-2.24%

-1.31%

-0.93%

Average Drawdown

Average peak-to-trough decline

-4.02%

-8.81%

+4.79%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.26%

2.50%

-0.24%

Volatility

BGRT.NEO vs. RIT.TO - Volatility Comparison

The current volatility for BMO Global REIT Fund Active ETF Series (BGRT.NEO) is 2.59%, while CI Canadian REIT ETF (RIT.TO) has a volatility of 2.92%. This indicates that BGRT.NEO experiences smaller price fluctuations and is considered to be less risky than RIT.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

BGRT.NEORIT.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

2.59%

2.92%

-0.33%

Volatility (6M)

Calculated over the trailing 6-month period

8.12%

7.92%

+0.20%

Volatility (1Y)

Calculated over the trailing 1-year period

9.72%

10.52%

-0.80%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.17%

14.67%

-0.50%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

14.17%

15.46%

-1.29%

BGRT.NEO vs. RIT.TO - Expense Ratio Comparison

BGRT.NEO has a 1.01% expense ratio, which is higher than RIT.TO's 0.87% expense ratio.

Dividends

BGRT.NEO vs. RIT.TO - Dividend Comparison

BGRT.NEO's dividend yield for the trailing twelve months is around 3.94%, less than RIT.TO's 4.59% yield.

PositionTTM20252024202320222021202020192018201720162015
BGRT.NEO
BMO Global REIT Fund Active ETF Series		3.94%4.14%4.03%1.86%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
RIT.TO
CI Canadian REIT ETF		4.59%4.85%5.17%5.04%5.04%3.82%4.92%4.35%5.11%5.05%5.28%4.79%

Frequently Asked Questions

BGRT.NEO and RIT.TO have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, RIT.TO is cheaper at 0.87% per year. The better choice depends on whether you care most about return, fees, risk, or income.

RIT.TO is cheaper with a 0.87% expense ratio, compared with 1.01% for BGRT.NEO.

They also come from different issuers: BMO and CI Investments. Their fees differ too: 1.01% for BGRT.NEO and 0.87% for RIT.TO.

Portfolio Optimizer

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