ZIN.TO vs. CRT-UN.TO

Last updated Jun 9, 2026

ZIN.TO (BMO Equal Weight Industrials Index ETF) is Industrials Equities fund tracking the Solactive Equal Weight Canada Industrials Index, while CRT-UN.TO (CT Real Estate Investment Trust) is a stock. Over the past 10 years, ZIN.TO returned 13.39%/yr vs 7.63%/yr for CRT-UN.TO. At a 0.25 correlation, their price movements are largely independent.

Performance

ZIN.TO vs. CRT-UN.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in BMO Equal Weight Industrials Index ETF (ZIN.TO) and CT Real Estate Investment Trust (CRT-UN.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ZIN.TO achieves a 21.17% return, which is significantly higher than CRT-UN.TO's 11.59% return. Over the past 10 years, ZIN.TO has outperformed CRT-UN.TO with an annualized return of 13.39%, while CRT-UN.TO has yielded a comparatively lower 7.63% annualized return.

ZIN.TO

• 1D: 0.51%
• 1M: 2.91%
• YTD: 21.17%
• 6M: 22.70%
• 1Y: 41.67%
• 3Y*: 20.33%
• 5Y*: 13.12%
• 10Y*: 13.39%

CRT-UN.TO

• 1D: -0.11%
• 1M: 1.42%
• YTD: 11.59%
• 6M: 15.18%
• 1Y: 16.30%
• 3Y*: 12.39%
• 5Y*: 7.05%
• 10Y*: 7.63%

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

ZIN.TO vs. CRT-UN.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ZIN.TO BMO Equal Weight Industrials Index ETF	21.17%	16.80%	16.33%	19.36%	-8.05%	17.86%	6.62%	22.67%	-6.61%	17.73%
CRT-UN.TO CT Real Estate Investment Trust	11.59%	20.98%	3.91%	-0.26%	-5.16%	16.12%	2.73%	47.59%	-15.85%	1.45%

Correlation

The correlation between ZIN.TO and CRT-UN.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 (3Y) Calculated over the trailing 3-year period	0.23
Correlation (5Y) Calculated over the trailing 5-year period	0.30
Correlation (10Y) Calculated over the trailing 10-year period	0.25
Correlation (All Time) Calculated using the full available price history since Oct 24, 2013	0.25

The correlation between ZIN.TO and CRT-UN.TO shifts across timeframes, from 0.12 (1 year) to 0.29 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

ZIN.TO vs. CRT-UN.TO — Risk / Return Rank

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

ZIN.TO

ZIN.TO Risk / Return Rank: 89
ZIN.TO Sharpe Ratio Rank: 90
ZIN.TO Sortino Ratio Rank: 87
ZIN.TO Omega Ratio Rank: 87
ZIN.TO Calmar Ratio Rank: 91
ZIN.TO Martin Ratio Rank: 90

CRT-UN.TO

CRT-UN.TO Risk / Return Rank: 77
CRT-UN.TO Sharpe Ratio Rank: 79
CRT-UN.TO Sortino Ratio Rank: 75
CRT-UN.TO Omega Ratio Rank: 71
CRT-UN.TO Calmar Ratio Rank: 81
CRT-UN.TO Martin Ratio Rank: 82

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.

ZIN.TO vs. CRT-UN.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BMO Equal Weight Industrials Index ETF (ZIN.TO) and CT Real Estate Investment Trust (CRT-UN.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.

	ZIN.TO	CRT-UN.TO	Difference
Sharpe ratio: Return per unit of total volatility	2.78	1.29	+1.50
Sortino ratio: Return per unit of downside risk	3.58	1.93	+1.64
Omega ratio: Gain probability vs. loss probability	1.49	1.22	+0.27
Calmar ratio: Return relative to maximum drawdown	5.17	2.63	+2.54
Martin ratio: Return relative to average drawdown	18.48	6.86	+11.62
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ZIN.TO vs. CRT-UN.TO - Sharpe Ratio Comparison

The current ZIN.TO Sharpe Ratio is 2.78, which is higher than the CRT-UN.TO Sharpe Ratio of 1.29. The chart below compares the historical Sharpe Ratios of ZIN.TO and CRT-UN.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.

Sharpe Ratios by Period

	ZIN.TO	CRT-UN.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.78	1.29	+1.50
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.79	0.40	+0.38
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.75	0.38	+0.37
Sharpe Ratio (All Time) Calculated using the full available price history	0.76	0.54	+0.22

Drawdowns

ZIN.TO vs. CRT-UN.TO - Drawdown Comparison

The maximum ZIN.TO drawdown since its inception was -44.01%, roughly equal to the maximum CRT-UN.TO drawdown of -45.88%. Use the drawdown chart below to compare losses from any high point for ZIN.TO and CRT-UN.TO.

Drawdown Indicators

	ZIN.TO	CRT-UN.TO	Difference
Max Drawdown Largest peak-to-trough decline	-44.01%	-45.88%	+1.87%
Max Drawdown (1Y) Largest decline over 1 year	-8.10%	-6.24%	-1.86%
Max Drawdown (3Y) Largest decline over 3 years	-22.39%	-17.38%	-5.01%
Max Drawdown (5Y) Largest decline over 5 years	-23.10%	-24.70%	+1.60%
Max Drawdown (10Y) Largest decline over 10 years	-44.01%	-45.88%	+1.87%
Current Drawdown Current decline from peak	-2.62%	-0.84%	-1.78%
Average Drawdown Average peak-to-trough decline	-5.80%	-6.26%	+0.46%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.26%	2.38%	-0.12%

Volatility

ZIN.TO vs. CRT-UN.TO - Volatility Comparison

BMO Equal Weight Industrials Index ETF (ZIN.TO) has a higher volatility of 4.76% compared to CT Real Estate Investment Trust (CRT-UN.TO) at 2.78%. This indicates that ZIN.TO's price experiences larger fluctuations and is considered to be riskier than CRT-UN.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ZIN.TO	CRT-UN.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.76%	2.78%	+1.98%
Volatility (6M) Calculated over the trailing 6-month period	11.84%	9.36%	+2.48%
Volatility (1Y) Calculated over the trailing 1-year period	15.07%	12.74%	+2.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.77%	17.64%	-0.87%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.08%	20.22%	-2.14%

Dividends

ZIN.TO vs. CRT-UN.TO - Dividend Comparison

ZIN.TO's dividend yield for the trailing twelve months is around 0.96%, less than CRT-UN.TO's 5.35% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CRT-UN.TO CT Real Estate Investment Trust	5.35%	5.77%	6.40%	6.04%	5.48%	4.76%	5.08%	4.71%	6.34%	4.84%	4.54%	5.11%
ZIN.TO BMO Equal Weight Industrials Index ETF	0.96%	1.22%	1.42%	1.68%	2.01%	1.84%	2.10%	2.32%	1.82%	1.35%	1.48%	2.25%

Frequently Asked Questions

Can I hold both ZIN.TO and CRT-UN.TO in my portfolio?

ZIN.TO and CRT-UN.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.