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Compare BMO Global REIT Fund Active ETF Series (BGRT) vs Mackenzie Developed Markets Real Estate Index ETF (QRET) to find the best fit for your portfolio. BGRT provides Real Estate and Health Care exposures, while QRET is primarily weighted in Real Estate, Financials, and Consumer Discretionary. When evaluating costs, BGRT features a management fee (MER) of 1.02%, compared to 0.4% for QRET. Performance-wise, BGRT has returned 11.34% year-to-date with +$0 M in net flows, whereas QRET is at 9.36% with +$6 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
QRET
| AuM | $0.87 M | $24.86 M |
| Management Fees | 1.02% | 0.40% |
| Exp. ratio | 1.01% | 0.45% |
| Tracking Difference | - | -0.59% |
Historical performance and flows
As of June 10, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | BGRT | +2.44% | +6.68% | +11.34% | +10.54% | - |
QRET | +0.49% | +4.10% | +9.36% | +12.53% | +36.59% | |
| Flows | BGRT | +$0 M | +$0 M | +$0 M | -$50 M | - |
QRET | +$6 M | +$6 M | +$6 M | +$6 M | +$12 M |
BGRT vs QRET exposure
Countries
BGRT
USA
62.30%
Canada
27.96%
Other
9.74%
QRET
USA
67.66%
Japan
9.12%
Other
23.22%
Sectors
BGRT
Real Estate
90.59%
Other
9.41%
QRET
Real Estate
94.21%
As of June 10, 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%
QRET
WELLTOWER INC
6.29%
PROLOGIS REIT
5.55%
EQUINIX INC COMMON STOCK REIT
4.48%
AMERICAN TOWER CL A REIT
3.60%
DIGITAL REALTY REIT
2.91%
SIMON PROPERTY GROUP REIT
2.78%
REALTY INCOME REIT
2.49%
PUBLIC STORAGE REIT
2.01%
GOODMAN GROUP CF
1.79%
CBRE GROUP
1.78%
Diversification
BGRT
Total weight of top 10 holdings out of 339 total
44.13%
QRET
Total weight of top 10 holdings out of 320 total
33.69%
Characteristics
Compare
BGRT
QRET
| Provider | BMO | Mackenzie Investments |
| Management | Actively managed | Passively managed |
| Benchmark | - | Solactive GBS Developed Markets Real Estate Net Total Return Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 3.78% | 2.71% |
| Meets ESG criteria | No | No |
| Inception Date | June 26, 2023 | September 24, 2020 |
Frequently asked questions about BGRT and QRET
Which ETF has performed better year to date: BGRT or QRET?
As of June 10, 2026, BGRT has returned 11.34% year to date, while QRET has returned 9.36%. BGRT is ahead on YTD performance.
Which ETF is larger by assets under management: BGRT or QRET?
As of June 10, 2026, BGRT manages $0.87 M in assets, while QRET manages $24.86 M. QRET is the larger fund by AUM.
How are BGRT and QRET managed?
BGRT is actively managed by BMO. It does not track an index. QRET is passively managed by Mackenzie Investments. It tracks the Solactive GBS Developed Markets Real Estate Net Total Return Index - CAD benchmark.
What sectors do BGRT and QRET emphasize?
BGRT is most exposed to Real Estate and Health Care. QRET is most exposed to Real Estate, Financials, and Consumer Discretionary.
Which ETF is attracting more investor flows: BGRT or QRET?
Year to date, BGRT has seen +$0.00 M in net flows, compared with +$6.17 M for QRET. QRET has attracted more net investor money so far.
How do the fees of BGRT and QRET compare?
BGRT has an expense ratio of 1.01%, while QRET has an expense ratio of 0.45%.
What are the top holdings of BGRT and QRET?
BGRT's largest holdings include VENTAS REIT, PROLOGIS REIT, and CHARTWELL RETIREMENT RESIDENCES. QRET's top holdings include WELLTOWER INC, PROLOGIS REIT, and EQUINIX INC COMMON STOCK REIT.
Which ETF is more diversified: BGRT or QRET?
BGRT holds 307 securities, while QRET holds 297. On holdings count, BGRT is the more diversified portfolio.
Recent articles about BGRT and QRET
Build Canada Homes: A Boost for Real Estate ETFs?
The Canadian government's $26B prefab housing plan and a U.S. tariff ruling have injected optimism into real estate markets, with analysts anticipating gains for REITs and construction-focused funds.
Posted on 6/2/2025 by ETF Market Canada inReal Estate
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