VS
When evaluating costs, HGR features a management fee (MER) of 0.85%, compared to 0.55% for ZRE. Performance-wise, HGR has returned 0.39% year-to-date with -$18 M in net flows, whereas ZRE is at 2.43% with -$3 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
ZRE
| AuM | $29.77 M | $566.83 M |
| Management Fees | 0.85% | 0.55% |
| Exp. ratio | 0.99% | 0.61% |
| Tracking Difference | - | -0.66% |
Historical performance and flows
As of October 30, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | HGR | +2.31% | -7.82% | +0.39% | -0.48% | +22.03% |
ZRE | -2.57% | -10.44% | +2.43% | +5.03% | +39.85% | |
| Flows | HGR | -$1 M | -$2 M | -$18 M | -$29 M | +$29 M |
ZRE | -$3 M | -$7 M | -$3 M | -$11 M | -$22 M |
HGR vs ZRE exposure
Countries
HGR
Exposure data will be available soon
ZRE
Canada
94.22%
Sectors
HGR
Exposure data will be available soon
ZRE
Finance
100.00%
As of October 30, 2026
Top 10 Holdings
HGR
Exposure data will be available soon
ZRE
Slate Grocery REIT
6.48%
Primaris Real Estate Investment Trust
5.88%
BSR Real Estate Investment Trust
5.78%
First Capital Real Estate Investment Trust
5.66%
Crombie Real Estate Investment Trust
5.64%
RioCan Real Estate Investment Trust
5.62%
CT Real Estate Investment Trust
5.60%
Vital Infrastructure Property Trust
5.55%
Chartwell Retirement Residences
5.50%
Killam Apartment REIT
5.49%
Diversification
HGR
Exposure data will be available soon
ZRE
Total weight of top 10 holdings out of 18 total
57.20%
Characteristics
Compare
HGR
ZRE
| Provider | Harvest Portfolios Group | BMO |
| Management | Actively managed | Passively managed |
| Benchmark | - | Solactive Equal Weight Canada REIT Total Return Index - CAD |
| Replication Method | - | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 10.77% | 4.80% |
| Meets ESG criteria | No | No |
| Inception Date | June 23, 2017 | May 19, 2010 |
Frequently asked questions about HGR and ZRE
Which ETF has performed better year to date: HGR or ZRE?
As of October 30, 2026, HGR has returned 0.39% year to date, while ZRE has returned 2.43%. ZRE is ahead on YTD performance.
Which ETF is larger by assets under management: HGR or ZRE?
As of October 30, 2026, HGR manages $29.77 M in assets, while ZRE manages $566.83 M. ZRE is the larger fund by AUM.
How are HGR and ZRE managed?
HGR is actively managed by Harvest Portfolios Group. It does not track an index. ZRE is passively managed by BMO. It tracks the Solactive Equal Weight Canada REIT Total Return Index - CAD benchmark.
Which ETF is attracting more investor flows: HGR or ZRE?
Year to date, HGR has seen -$17.54 M in net flows, compared with -$3.20 M for ZRE. ZRE has attracted more net investor money so far.
How do the fees of HGR and ZRE compare?
HGR has an expense ratio of 0.99%, while ZRE has an expense ratio of 0.61%.
Recent articles about HGR and ZRE
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
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