VRE.TO vs. ZRE.TO
Compare and contrast key facts about Vanguard FTSE Canadian Capped REIT Index ETF (VRE.TO) and BMO Equal Weight REITs Index ETF (ZRE.TO).
VRE.TO and ZRE.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VRE.TO is a passively managed fund by Vanguard that tracks the performance of the FTSE CA All Cap RE Capped 25% Idx. It was launched on Nov 2, 2012. ZRE.TO is a passively managed fund by BMO that tracks the performance of the Solactive Equal Weight Canada REIT Index. It was launched on May 19, 2010. Both VRE.TO and ZRE.TO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VRE.TO or ZRE.TO.
Correlation
The correlation between VRE.TO and ZRE.TO is 0.93, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
VRE.TO vs. ZRE.TO - Performance Comparison
Key characteristics
VRE.TO:
0.41
ZRE.TO:
0.42
VRE.TO:
0.69
ZRE.TO:
0.72
VRE.TO:
1.08
ZRE.TO:
1.08
VRE.TO:
0.26
ZRE.TO:
0.23
VRE.TO:
1.01
ZRE.TO:
0.87
VRE.TO:
5.51%
ZRE.TO:
6.59%
VRE.TO:
13.54%
ZRE.TO:
13.74%
VRE.TO:
-48.06%
ZRE.TO:
-46.29%
VRE.TO:
-9.48%
ZRE.TO:
-15.16%
Returns By Period
In the year-to-date period, VRE.TO achieves a -0.01% return, which is significantly lower than ZRE.TO's 2.84% return. Over the past 10 years, VRE.TO has underperformed ZRE.TO with an annualized return of 4.52%, while ZRE.TO has yielded a comparatively higher 5.29% annualized return.
VRE.TO
-0.01%
0.53%
-1.12%
5.99%
-0.29%
4.52%
ZRE.TO
2.84%
4.00%
-0.28%
6.42%
-0.19%
5.29%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
VRE.TO vs. ZRE.TO - Expense Ratio Comparison
VRE.TO has a 0.30% expense ratio, which is lower than ZRE.TO's 0.61% expense ratio.
Risk-Adjusted Performance
VRE.TO vs. ZRE.TO — Risk-Adjusted Performance Rank
VRE.TO
ZRE.TO
VRE.TO vs. ZRE.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard FTSE Canadian Capped REIT Index ETF (VRE.TO) and BMO Equal Weight REITs Index ETF (ZRE.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.
Dividends
VRE.TO vs. ZRE.TO - Dividend Comparison
VRE.TO's dividend yield for the trailing twelve months is around 2.96%, less than ZRE.TO's 5.13% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VRE.TO Vanguard FTSE Canadian Capped REIT Index ETF | 2.96% | 2.96% | 2.64% | 4.73% | 2.73% | 3.72% | 5.15% | 3.82% | 3.72% | 4.10% | 2.01% | 2.25% |
ZRE.TO BMO Equal Weight REITs Index ETF | 5.13% | 5.26% | 5.14% | 4.97% | 3.87% | 5.01% | 4.17% | 4.95% | 5.05% | 5.46% | 6.00% | 5.13% |
Drawdowns
VRE.TO vs. ZRE.TO - Drawdown Comparison
The maximum VRE.TO drawdown since its inception was -48.06%, roughly equal to the maximum ZRE.TO drawdown of -46.29%. Use the drawdown chart below to compare losses from any high point for VRE.TO and ZRE.TO. For additional features, visit the drawdowns tool.
Volatility
VRE.TO vs. ZRE.TO - Volatility Comparison
Vanguard FTSE Canadian Capped REIT Index ETF (VRE.TO) and BMO Equal Weight REITs Index ETF (ZRE.TO) have volatilities of 4.40% and 4.60%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.