ZCOM.NEO vs. REIT.TO

Last updated Jul 17, 2026

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

Performance

ZCOM.NEO vs. REIT.TO - Performance Comparison

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

Returns By Period

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

ZCOM.NEO

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

REIT.TO

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

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

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

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

Correlation

The correlation between ZCOM.NEO and REIT.TO 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

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

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

ZCOM.NEO

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

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

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.

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

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

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.

	ZCOM.NEO	REIT.TO	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

ZCOM.NEO vs. REIT.TO - Drawdown Comparison

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

Drawdown Indicators

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

Volatility

Volatility by Period

	ZCOM.NEO	REIT.TO	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	22.02%	12.65%	+9.37%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.02%	12.78%	+9.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.02%	12.78%	+9.24%

Dividends

ZCOM.NEO vs. REIT.TO - Dividend Comparison

ZCOM.NEO's dividend yield for the trailing twelve months is around 5.98%, more than REIT.TO's 4.23% 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 ZCOM.NEO and REIT.TO in my portfolio?

ZCOM.NEO and REIT.TO 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 ZCOM.NEO and REIT.TO?

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