VS
When evaluating costs, BGRT features a management fee (MER) of 1.02%, compared to 0.75% for MREL. Performance-wise, BGRT has returned 11.34% year-to-date with +$0 M in net flows, whereas MREL is at 12.22% with +$8 M. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.
NAV Performance and Flows
Key Data
Compare
BGRT
MREL
| AuM | $0.87 M | $166.39 M |
| Management Fees | 1.02% | 0.75% |
| Exp. ratio | 1.01% | 1.21% |
| Tracking Difference | - | - |
Historical performance and flows
As of June 11, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | BGRT | +2.44% | +6.68% | +11.34% | +10.54% | - |
MREL | +3.09% | +8.47% | +12.22% | +18.56% | +42.77% | |
| Flows | BGRT | +$0 M | +$0 M | +$0 M | -$50 M | - |
MREL | +$2 M | +$2 M | +$8 M | +$13 M | +$46 M |
BGRT vs MREL exposure
Countries
BGRT
USA
62.30%
Canada
27.96%
Other
9.74%
MREL
Exposure data will be available soon
Sectors
BGRT
Real Estate
90.59%
Other
9.41%
MREL
Exposure data will be available soon
As of June 11, 2026
Top 10 Holdings
BGRT
VENTAS REIT
6.24%
PROLOGIS REIT
5.98%
CHARTWELL RETIREMENT RESIDENCES
5.80%
EQUINIX INC COMMON STOCK REIT
5.05%
KIMCO REALTY REIT
3.85%
FLAGSHIP CMNTIES REIT
3.78%
DIGITAL REALTY REIT
3.47%
AVALONBAY COMMUNITIES REIT
3.38%
PUBLIC STORAGE REIT
3.29%
WELLTOWER INC
3.29%
MREL
Exposure data will be available soon
Diversification
BGRT
Total weight of top 10 holdings out of 339 total
44.13%
MREL
Exposure data will be available soon
Characteristics
Compare
BGRT
MREL
| Provider | BMO | Middlefield |
| Management | Actively managed | Actively managed |
| Benchmark | - | - |
| Replication Method | ||
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 3.78% | 6.59% |
| Meets ESG criteria | No | No |
| Inception Date | June 26, 2023 | April 19, 2011 |
Frequently asked questions about BGRT and MREL
Which ETF has performed better year to date: BGRT or MREL?
As of June 11, 2026, BGRT has returned 11.34% year to date, while MREL has returned 12.22%. MREL is ahead on YTD performance.
Which ETF is larger by assets under management: BGRT or MREL?
As of June 11, 2026, BGRT manages $0.87 M in assets, while MREL manages $166.39 M. MREL is the larger fund by AUM.
How are BGRT and MREL managed?
BGRT is actively managed by BMO. It does not track an index. MREL is actively managed by Middlefield. It does not track an index.
Which ETF is attracting more investor flows: BGRT or MREL?
Year to date, BGRT has seen +$0.00 M in net flows, compared with +$7.51 M for MREL. MREL has attracted more net investor money so far.
How do the fees of BGRT and MREL compare?
BGRT has an expense ratio of 1.01%, while MREL has an expense ratio of 1.21%.
Recent articles about BGRT and MREL
Build Canada Homes: A Boost for Real Estate ETFs?
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Posted on 6/2/2025 by ETF Market Canada inReal Estate
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