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Compare Mackenzie Developed Markets Real Estate Index ETF (QRET) vs TD Active Global Real Estate Equity ETF (TGRE) to find the best fit for your portfolio. QRET provides Real Estate, Financials, and Consumer Discretionary exposures, while TGRE is primarily weighted in Real Estate, Communication Services, and Industrials. When evaluating costs, QRET features a management fee (MER) of 0.4%, compared to 0.65% for TGRE. Performance-wise, QRET has returned 9.36% year-to-date with +$6 M in net flows, whereas TGRE is at 9.52% with +$8 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
TGRE
| AuM | $24.86 M | $98.01 M |
| Management Fees | 0.40% | 0.65% |
| Exp. ratio | 0.45% | 0.73% |
| 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% |
TGRE | +0.15% | +5.22% | +9.52% | +10.67% | +36.45% | |
| Flows | QRET | +$6 M | +$6 M | +$6 M | +$6 M | +$12 M |
TGRE | +$0 M | +$0 M | +$8 M | +$10 M | +$22 M |
QRET vs TGRE exposure
Countries
QRET
USA
67.66%
Japan
9.12%
Other
23.22%
TGRE
USA
64.07%
Japan
8.94%
Other
7.61%
Other
19.38%
Sectors
QRET
Real Estate
94.21%
TGRE
Real Estate
91.15%
Other
7.82%
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%
TGRE
WELLTOWER INC
8.99%
PROLOGIS REIT
8.78%
EQUINIX INC COMMON STOCK REIT
7.34%
AMERICAN TOWER CL A REIT
5.79%
SIMON PROPERTY GROUP REIT
4.60%
DIGITAL REALTY REIT
4.31%
CBRE GROUP
4.22%
GOODMAN GROUP CF
3.49%
IRON MOUNTAIN
2.60%
MITSUBISHI ESTATE
2.52%
Diversification
QRET
Total weight of top 10 holdings out of 320 total
33.69%
TGRE
Total weight of top 10 holdings out of 52 total
52.64%
Characteristics
Compare
QRET
TGRE
| Provider | Mackenzie Investments | TD Asset Management |
| 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% | 4.43% |
| Meets ESG criteria | No | No |
| Inception Date | September 24, 2020 | November 26, 2019 |
Frequently asked questions about QRET and TGRE
Which ETF has performed better year to date: QRET or TGRE?
As of June 10, 2026, QRET has returned 9.36% year to date, while TGRE has returned 9.52%. TGRE is ahead on YTD performance.
Which ETF is larger by assets under management: QRET or TGRE?
As of June 10, 2026, QRET manages $24.86 M in assets, while TGRE manages $98.01 M. TGRE is the larger fund by AUM.
How are QRET and TGRE managed?
QRET is passively managed by Mackenzie Investments. It tracks the Solactive GBS Developed Markets Real Estate Net Total Return Index - CAD benchmark. TGRE is actively managed by TD Asset Management. It does not track an index.
What sectors do QRET and TGRE emphasize?
QRET is most exposed to Real Estate, Financials, and Consumer Discretionary. TGRE is most exposed to Real Estate, Communication Services, and Industrials.
Which ETF is attracting more investor flows: QRET or TGRE?
Year to date, QRET has seen +$6.17 M in net flows, compared with +$8.49 M for TGRE. TGRE has attracted more net investor money so far.
How do the fees of QRET and TGRE compare?
QRET has an expense ratio of 0.45%, while TGRE has an expense ratio of 0.73%.
What are the top holdings of QRET and TGRE?
QRET's largest holdings include WELLTOWER INC, PROLOGIS REIT, and EQUINIX INC COMMON STOCK REIT. TGRE's top holdings include WELLTOWER INC, PROLOGIS REIT, and EQUINIX INC COMMON STOCK REIT.
Which ETF is more diversified: QRET or TGRE?
QRET holds 297 securities, while TGRE holds 52. On holdings count, QRET is the more diversified portfolio.
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