VS
Mackenzie Developed Markets Real Estate Index ETF (QRET) and Harvest REIT Leaders Income ETF (HGR) offer distinct profiles for Canadian ETF investors. A direct comparison shows that QRET focuses its top 3 sector exposures on Real Estate, Financials, and Consumer Discretionary, while HGR leans towards Real Estate. When evaluating costs, QRET features a management fee (MER) of 0.4%, compared to 0.85% for HGR. Performance-wise, QRET has returned 9.36% year-to-date with +$6 M in net flows, whereas HGR is at 7.75% with -$17 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
QRET
HGR
| AuM | $24.86 M | $33.67 M |
| Management Fees | 0.40% | 0.85% |
| Exp. ratio | 0.45% | 0.99% |
| Tracking Difference | -0.59% | - |
Historical performance and flows
As of June 10, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | QRET | +0.49% | +4.10% | +9.36% | +12.53% | +36.59% |
HGR | +1.65% | +4.07% | +7.75% | +3.49% | +15.53% | |
| Flows | QRET | +$6 M | +$6 M | +$6 M | +$6 M | +$12 M |
HGR | +$1 M | +$1 M | -$17 M | -$18 M | +$30 M |
QRET vs HGR exposure
Countries
QRET
USA
67.66%
Japan
9.12%
Other
23.22%
HGR
USA
72.10%
Other
9.20%
Other
18.70%
Sectors
QRET
Real Estate
94.21%
HGR
Real Estate
90.80%
Other
9.20%
As of June 10, 2026
Top 10 Holdings
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%
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%
Diversification
QRET
Total weight of top 10 holdings out of 320 total
33.69%
HGR
Total weight of top 10 holdings out of 24 total
49.70%
Characteristics
Compare
QRET
HGR
| Provider | Mackenzie Investments | Harvest Portfolios Group |
| Management | Passively managed | Actively 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 | 2.71% | 10.04% |
| Meets ESG criteria | No | No |
| Inception Date | September 24, 2020 | June 23, 2017 |
Frequently asked questions about QRET and HGR
Which ETF has performed better year to date: QRET or HGR?
As of June 10, 2026, QRET has returned 9.36% year to date, while HGR has returned 7.75%. QRET is ahead on YTD performance.
Which ETF is larger by assets under management: QRET or HGR?
As of June 10, 2026, QRET manages $24.86 M in assets, while HGR manages $33.67 M. HGR is the larger fund by AUM.
How are QRET and HGR managed?
QRET is passively managed by Mackenzie Investments. It tracks the Solactive GBS Developed Markets Real Estate Net Total Return Index - CAD benchmark. HGR is actively managed by Harvest Portfolios Group. It does not track an index.
What sectors do QRET and HGR emphasize?
QRET is most exposed to Real Estate, Financials, and Consumer Discretionary. HGR is most exposed to Real Estate.
Which ETF is attracting more investor flows: QRET or HGR?
Year to date, QRET has seen +$6.17 M in net flows, compared with -$16.99 M for HGR. QRET has attracted more net investor money so far.
How do the fees of QRET and HGR compare?
QRET has an expense ratio of 0.45%, while HGR has an expense ratio of 0.99%.
What are the top holdings of QRET and HGR?
QRET's largest holdings include WELLTOWER INC, PROLOGIS REIT, and EQUINIX INC COMMON STOCK REIT. HGR's top holdings include DIGITAL REALTY REIT, REGENCY CENTERS REIT, and GETTY REALTY REIT.
Which ETF is more diversified: QRET or HGR?
QRET holds 297 securities, while HGR holds 24. On holdings count, QRET is the more diversified portfolio.
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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.