BGRT.NEO vs. ZEQT.TO
BGRT.NEO (BMO Global REIT Fund Active ETF Series) and ZEQT.TO (BMO All-Equity ETF) are both exchange-traded funds - BGRT.NEO is a REIT fund actively managed by BMO, while ZEQT.TO is a Global Equities fund actively managed by BMO. Both are actively managed. Over the past year, BGRT.NEO returned 6.97% vs 32.71% for ZEQT.TO. At a 0.14 correlation, their price movements are largely independent. BGRT.NEO charges 1.01%/yr vs 0.18%/yr for ZEQT.TO.
Performance
BGRT.NEO vs. ZEQT.TO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BGRT.NEO achieves a 6.70% return, which is significantly lower than ZEQT.TO's 13.63% return.
BGRT.NEO
- 1D
- 0.00%
- 1M
- -0.62%
- YTD
- 6.70%
- 6M
- 5.55%
- 1Y
- 6.97%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ZEQT.TO
- 1D
- 0.52%
- 1M
- 6.10%
- YTD
- 13.63%
- 6M
- 13.00%
- 1Y
- 32.71%
- 3Y*
- 22.68%
- 5Y*
- —
- 10Y*
- —
BGRT.NEO vs. ZEQT.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
BGRT.NEO BMO Global REIT Fund Active ETF Series | 6.70% | 1.51% | 5.79% | 8.18% |
ZEQT.TO BMO All-Equity ETF | 13.63% | 19.67% | 25.44% | 8.38% |
Correlation
The correlation between BGRT.NEO and ZEQT.TO is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.12 |
Correlation (All Time) Calculated using the full available price history since Jun 28, 2023 | 0.14 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
BGRT.NEO vs. ZEQT.TO — Risk / Return Rank
BGRT.NEO
ZEQT.TO
BGRT.NEO vs. ZEQT.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 BMO All-Equity ETF (ZEQT.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.NEO | ZEQT.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.86 | ||
| Sortino ratioReturn per unit of downside risk | -2.62 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.47 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | 1.13 | 3.77 | -2.63 |
| Martin ratioReturn relative to average drawdown | 3.08 | 15.90 | -12.82 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| BGRT.NEO | ZEQT.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.72 | 2.58 | -1.86 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.54 | 1.20 | -0.67 |
Drawdowns
BGRT.NEO vs. ZEQT.TO - Drawdown Comparison
The maximum BGRT.NEO drawdown since its inception was -16.06%, roughly equal to the maximum ZEQT.TO drawdown of -16.87%. Use the drawdown chart below to compare losses from any high point for BGRT.NEO and ZEQT.TO.
Loading charts...
Drawdown Indicators
| BGRT.NEO | ZEQT.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.06% | -16.87% | +0.81% |
Max Drawdown (1Y)Largest decline over 1 year | -6.17% | -8.72% | +2.55% |
Max Drawdown (3Y)Largest decline over 3 years | — | -15.34% | — |
Current DrawdownCurrent decline from peak | -2.24% | -0.64% | -1.60% |
Average DrawdownAverage peak-to-trough decline | -4.02% | -3.01% | -1.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.27% | 2.06% | +0.21% |
Volatility
BGRT.NEO vs. ZEQT.TO - Volatility Comparison
The current volatility for BMO Global REIT Fund Active ETF Series (BGRT.NEO) is 2.59%, while BMO All-Equity ETF (ZEQT.TO) has a volatility of 5.21%. This indicates that BGRT.NEO experiences smaller price fluctuations and is considered to be less risky than ZEQT.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BGRT.NEO | ZEQT.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.59% | 5.21% | -2.62% |
Volatility (6M)Calculated over the trailing 6-month period | 8.12% | 10.42% | -2.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.72% | 12.75% | -3.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.16% | 13.85% | +0.31% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.16% | 13.85% | +0.31% |
BGRT.NEO vs. ZEQT.TO - Expense Ratio Comparison
BGRT.NEO has a 1.01% expense ratio, which is higher than ZEQT.TO's 0.18% expense ratio.
Dividends
BGRT.NEO vs. ZEQT.TO - Dividend Comparison
BGRT.NEO's dividend yield for the trailing twelve months is around 3.94%, more than ZEQT.TO's 1.28% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
BGRT.NEO BMO Global REIT Fund Active ETF Series | 3.94% | 4.14% | 4.03% | 1.86% | 0.00% |
ZEQT.TO BMO All-Equity ETF | 1.28% | 1.45% | 1.69% | 2.13% | 2.43% |
Frequently Asked Questions
BGRT.NEO and ZEQT.TO have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ZEQT.TO is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ZEQT.TO is cheaper with a 0.18% expense ratio, compared with 1.01% for BGRT.NEO.
BGRT.NEO is categorized as REIT, while ZEQT.TO is Global Equities. Their fees differ too: 1.01% for BGRT.NEO and 0.18% for ZEQT.TO.
Find the right allocation for BGRT.NEO and ZEQT.TO
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer