REIT.TO vs. ZCOM.NEO

Last updated Jul 17, 2026

REIT.TO (Global X Equal Weight Canadian REITs Index ETF) and ZCOM.NEO (BMO Broad Commodity ETF (CAD Units)) are both exchange-traded funds - REIT.TO is a REIT fund tracking the Mirae Asset Equal Weight Canadian REITs Index, while ZCOM.NEO is a Commodities fund tracking the Bloomberg Commodity Index Total Return. Both are passively managed. At a correlation of -0.14, they often move in opposite directions.

Performance

REIT.TO vs. ZCOM.NEO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Global X Equal Weight Canadian REITs Index ETF (REIT.TO) and BMO Broad Commodity ETF (CAD Units) (ZCOM.NEO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, REIT.TO achieves a 15.37% return, which is significantly lower than ZCOM.NEO's 23.18% return.

REIT.TO

• 1D: 0.82%
• 1M: 2.74%
• 6M: 9.11%
• YTD: 15.37%
• 1Y: 17.13%
• 3Y*: —
• 5Y*: —
• 10Y*: —

ZCOM.NEO

• 1D: -1.11%
• 1M: 1.86%
• 6M: 17.01%
• YTD: 23.18%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

REIT.TO vs. ZCOM.NEO - Yearly Performance Comparison

	2026 (YTD)	2025
REIT.TO Global X Equal Weight Canadian REITs Index ETF	15.37%	1.17%
ZCOM.NEO BMO Broad Commodity ETF (CAD Units)	23.18%	1.56%

Correlation

The correlation between REIT.TO and ZCOM.NEO is -0.14, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 17, 2025	-0.14

Return for Risk

REIT.TO vs. ZCOM.NEO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

REIT.TO

REIT.TO Risk / Return Rank: 51
REIT.TO Sharpe Ratio Rank: 48
REIT.TO Sortino Ratio Rank: 50
REIT.TO Omega Ratio Rank: 48
REIT.TO Calmar Ratio Rank: 60
REIT.TO Martin Ratio Rank: 52

ZCOM.NEO

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

REIT.TO vs. ZCOM.NEO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Equal Weight Canadian REITs Index ETF (REIT.TO) and BMO Broad Commodity ETF (CAD Units) (ZCOM.NEO). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	REIT.TO	ZCOM.NEO	Difference
Sharpe ratio: Return per unit of total volatility	1.36	—	—
Sortino ratio: Return per unit of downside risk	2.03	—	—
Omega ratio: Gain probability vs. loss probability	1.25	—	—
Calmar ratio: Return relative to maximum drawdown	2.39	—	—
Martin ratio: Return relative to average drawdown	7.06	—	—

Drawdowns

REIT.TO vs. ZCOM.NEO - Drawdown Comparison

The maximum REIT.TO drawdown since its inception was -7.19%, smaller than the maximum ZCOM.NEO drawdown of -11.54%. Use the drawdown chart below to compare losses from any high point for REIT.TO and ZCOM.NEO.

Drawdown Indicators

	REIT.TO	ZCOM.NEO	Difference
Max Drawdown Largest peak-to-trough decline	-7.19%	-11.54%	+4.35%
Max Drawdown (1Y) Largest decline over 1 year	-7.19%	—	—
Current Drawdown Current decline from peak	-0.65%	-6.83%	+6.18%
Average Drawdown Average peak-to-trough decline	-1.57%	-2.86%	+1.29%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.43%	—	—

Volatility

Volatility by Period

	REIT.TO	ZCOM.NEO	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.79%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.74%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	12.65%	22.02%	-9.37%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.78%	22.02%	-9.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.78%	22.02%	-9.24%

Dividends

REIT.TO vs. ZCOM.NEO - Dividend Comparison

REIT.TO's dividend yield for the trailing twelve months is around 4.23%, less than ZCOM.NEO's 5.98% yield.

Position	TTM	2025
REIT.TO Global X Equal Weight Canadian REITs Index ETF	4.23%	3.20%
ZCOM.NEO BMO Broad Commodity ETF (CAD Units)	5.98%	2.09%

Frequently Asked Questions

Can I hold both REIT.TO and ZCOM.NEO in my portfolio?

REIT.TO and ZCOM.NEO have a correlation of -0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

What is the main difference between REIT.TO and ZCOM.NEO?

REIT.TO is categorized as REIT, while ZCOM.NEO is Commodities. REIT.TO tracks Mirae Asset Equal Weight Canadian REITs Index, while ZCOM.NEO tracks Bloomberg Commodity Index Total Return. They also come from different issuers: Global X and BMO.