VS
Harvest REIT Leaders Income ETF (HGR) and iShares S&P/TSX Capped REIT Index ETF (XRE) offer distinct profiles for Canadian ETF investors. A direct comparison shows that HGR focuses its top 3 sector exposures on Finance, while XRE leans towards Finance. When evaluating costs, HGR features a management fee (MER) of 0.85%, compared to 0.55% for XRE. Performance-wise, HGR has returned 2.61% year-to-date with -$16 M in net flows, whereas XRE is at 4.58% with -$58 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
HGR
XRE
| AuM | $31.95 M | $1,026.03 M |
| Management Fees | 0.85% | 0.55% |
| Exp. ratio | 0.99% | 0.60% |
| Tracking Difference | - | -0.65% |
Historical performance and flows
As of September 11, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | HGR | -2.93% | -4.78% | +2.61% | -1.97% | +10.55% |
XRE | -4.43% | -6.90% | +4.58% | +0.36% | +13.87% | |
| Flows | HGR | -$1 M | +$1 M | -$16 M | -$28 M | +$30 M |
XRE | -$34 M | -$47 M | -$58 M | -$193 M | +$81 M |
HGR vs XRE exposure
Countries
HGR
USA
72.02%
Singapore
9.15%
Other
18.83%
XRE
Canada
99.98%
Sectors
HGR
Finance
98.54%
XRE
Finance
99.98%
As of September 11, 2026
Top 10 Holdings
HGR
Digital Realty Trust, Inc.
5.48%
MERLIN Properties SOCIMI SA
5.11%
Prologis, Inc.
4.99%
Getty Realty Corp.
4.94%
Regency Centers Corp.
4.94%
American Tower Corp.
4.84%
Choice Properties Real Estate Investment Trust
4.71%
Keppel DC REIT
4.70%
Simon Property Group, Inc.
4.61%
STAG Industrial, Inc.
4.54%
XRE
RioCan Real Estate Investment Trust
12.89%
Granite Real Estate Investment Trust
11.61%
Canadian Apartment Properties Real Estate Investment Trust
10.64%
First Capital Real Estate Investment Trust
9.65%
Choice Properties Real Estate Investment Trust
8.58%
Dream Industrial Real Estate Investment Trust
8.07%
SmartCentres Real Estate Investment Trust
7.60%
H&R Real Estate Investment Trust
5.82%
Primaris Real Estate Investment Trust
5.35%
Boardwalk Real Estate Investment Trust
5.20%
Diversification
HGR
Total weight of top 10 holdings out of 26 total
48.85%
XRE
Total weight of top 10 holdings out of 14 total
85.42%
Characteristics
Compare
HGR
XRE
| Provider | Harvest Portfolios Group | iShares |
| Management | Actively managed | Passively managed |
| Benchmark | - | S&P/TSX Capped REIT Total Return Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 10.13% | 4.66% |
| Meets ESG criteria | No | No |
| Inception Date | June 23, 2017 | October 17, 2002 |
Frequently asked questions about HGR and XRE
Which ETF has performed better year to date: HGR or XRE?
As of September 11, 2026, HGR has returned 2.61% year to date, while XRE has returned 4.58%. XRE is ahead on YTD performance.
Which ETF is larger by assets under management: HGR or XRE?
As of September 11, 2026, HGR manages $31.95 M in assets, while XRE manages $1.03 B. XRE is the larger fund by AUM.
How are HGR and XRE managed?
HGR is actively managed by Harvest Portfolios Group. It does not track an index. XRE is passively managed by iShares. It tracks the S&P/TSX Capped REIT Total Return Index - CAD benchmark.
What sectors do HGR and XRE emphasize?
HGR is most exposed to Finance. XRE is most exposed to Finance.
Which ETF is attracting more investor flows: HGR or XRE?
Year to date, HGR has seen -$16.42 M in net flows, compared with -$57.71 M for XRE. HGR has attracted more net investor money so far.
How do the fees of HGR and XRE compare?
HGR has an expense ratio of 0.99%, while XRE has an expense ratio of 0.60%.
What are the top holdings of HGR and XRE?
HGR's largest holdings include Digital Realty Trust, Inc., MERLIN Properties SOCIMI SA, and Prologis, Inc.. XRE's top holdings include RioCan Real Estate Investment Trust, Granite Real Estate Investment Trust, and Canadian Apartment Properties Real Estate Investment Trust.
Which ETF is more diversified: HGR or XRE?
HGR holds 26 securities, while XRE holds 14. On holdings count, HGR is the more diversified portfolio.
Recent articles about HGR and XRE
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 Edouard Caillieux inReal Estate
The ETF Market Canada is brought to you by Cboe in partnership with Trackinsight SA who is providing all the data, analysis and editorial content on this site. Unless explicitly stated as such, any information that you receive is not real-time.
All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.
All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.