VS
Harvest REIT Leaders Income ETF (HGR) and BMO Equal Weight REITs Index ETF (ZRE) offer distinct profiles for Canadian ETF investors. A direct comparison shows that HGR focuses its top 3 sector exposures on Real Estate, while ZRE leans towards Real Estate and Health Care. When evaluating costs, HGR features a management fee (MER) of 0.85%, compared to 0.55% for ZRE. Performance-wise, HGR has returned 6.13% year-to-date with -$17 M in net flows, whereas ZRE is at 12.01% with +$9 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 | $33.30 M | $644.02 M |
| Management Fees | 0.85% | 0.55% |
| Exp. ratio | 0.99% | 0.61% |
| Tracking Difference | - | -0.73% |
Historical performance and flows
As of June 18, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | HGR | +1.14% | +3.18% | +6.13% | +1.84% | +13.02% |
ZRE | +5.10% | +8.86% | +12.01% | +15.51% | +33.41% | |
| Flows | HGR | +$0 M | +$1 M | -$17 M | -$18 M | +$31 M |
ZRE | +$6 M | +$5 M | +$9 M | +$3 M | -$14 M |
HGR vs ZRE exposure
Countries
HGR
USA
72.10%
Other
9.20%
Other
18.70%
ZRE
Canada
100.00%
Sectors
HGR
Real Estate
90.80%
Other
9.20%
ZRE
Real Estate
85.38%
Other
9.77%
As of June 18, 2026
Top 10 Holdings
HGR
DIGITAL REALTY REIT
5.60%
REGENCY CENTERS REIT
5.30%
GETTY REALTY REIT
5.30%
MERLIN PROPERTIES
5.20%
CHOICE PROPERTIES REAL ESTATE INVESTMENT UNITS
5.20%
AMERICAN TOWER CL A REIT
4.90%
PROLOGIS REIT
4.70%
STAG INDUSTRIAL REIT
4.60%
AGREE REALTY REIT
4.50%
SUN COMMUNITIES REIT
4.40%
ZRE
ALLIED PROPERTIES REAL ESTAT INV UNT
5.43%
FIRST CAPITAL REIT UNT
5.33%
RIOCAN REAL ESTATE UNT
5.30%
DREAM INDUSTRIAL REAL ESTATE
5.25%
PRIMARIS REAL ESTATE INVESTMENT TRUST UNIT
5.21%
CROMBIE REI UNT
5.13%
CA3874372053
5.11%
BOARDWALK REAL ESTATE INVESTMENT UNT
5.06%
SMART REAL ESTATE INVESTMENT
5.02%
CT REIT UNITS
5.01%
Diversification
HGR
Total weight of top 10 holdings out of 24 total
49.70%
ZRE
Total weight of top 10 holdings out of 20 total
51.85%
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 | 10.19% | 4.32% |
| 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 June 18, 2026, HGR has returned 6.13% year to date, while ZRE has returned 12.01%. ZRE is ahead on YTD performance.
Which ETF is larger by assets under management: HGR or ZRE?
As of June 18, 2026, HGR manages $33.30 M in assets, while ZRE manages $644.02 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.
What sectors do HGR and ZRE emphasize?
HGR is most exposed to Real Estate. ZRE is most exposed to Real Estate and Health Care.
Which ETF is attracting more investor flows: HGR or ZRE?
Year to date, HGR has seen -$16.86 M in net flows, compared with +$8.72 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%.
What are the top holdings of HGR and ZRE?
HGR's largest holdings include DIGITAL REALTY REIT, REGENCY CENTERS REIT, and GETTY REALTY REIT. ZRE's top holdings include ALLIED PROPERTIES REAL ESTAT INV UNT and FIRST CAPITAL REIT UNT.
Which ETF is more diversified: HGR or ZRE?
HGR holds 24 securities, while ZRE holds 19. On holdings count, HGR is the more diversified portfolio.
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 ETF Market Canada inReal Estate
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