VS
When evaluating costs, REIT features a management fee (MER) of 0.25%, compared to 0.55% for ZRE. Performance-wise, REIT has returned 9.56% year-to-date with +$1 M in net flows, whereas ZRE is at 8.86% 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
REIT
ZRE
| AuM | $3.53 M | $624.20 M |
| Management Fees | 0.25% | 0.55% |
| Exp. ratio | 0.25% | 0.61% |
| Tracking Difference | - | -0.66% |
Historical performance and flows
As of April 24, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | REIT | +8.28% | +4.83% | +9.56% | - | - |
ZRE | +7.96% | +2.46% | +8.86% | +21.13% | +25.13% | |
| Flows | REIT | +$1 M | +$1 M | +$1 M | - | - |
ZRE | -$1 M | +$5 M | +$3 M | +$0 M | -$29 M |
REIT vs ZRE exposure
Countries
REIT
Exposure data will be available soon
ZRE
Canada
100.00%
Sectors
REIT
Exposure data will be available soon
ZRE
Real Estate
85.53%
Other
9.64%
As of April 24, 2026
Top 10 Holdings
REIT
Exposure data will be available soon
ZRE
ALLIED PROPERTIES REAL ESTAT INV UNT
5.22%
MINTO APARTMENT REIT UNT
5.18%
INTERRENT REAL ESTATE INVESTMENT UNT
5.16%
CHOICE PROPERTIES REAL ESTATE INVESTMENT UNITS
5.10%
DREAM INDUSTRIAL REAL ESTATE
5.09%
SMART REAL ESTATE INVESTMENT
5.08%
CROMBIE REI UNT
5.08%
BOARDWALK REAL ESTATE INVESTMENT UNT
5.04%
CT REIT UNITS
5.04%
PRIMARIS REAL ESTATE INVESTMENT TRUST UNIT
5.03%
Diversification
REIT
Exposure data will be available soon
ZRE
Total weight of top 10 holdings out of 20 total
51.02%
Characteristics
Compare
REIT
ZRE
| Provider | Global X | 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 | - | 4.50% |
| Meets ESG criteria | No | No |
| Inception Date | April 30, 2025 | May 19, 2010 |
Frequently asked questions about REIT and ZRE
Which ETF has performed better year to date: REIT or ZRE?
As of April 24, 2026, REIT has returned 9.56% year to date, while ZRE has returned 8.86%. REIT is ahead on YTD performance.
Which ETF is larger by assets under management: REIT or ZRE?
As of April 24, 2026, REIT manages $3.53 M in assets, while ZRE manages $624.20 M. ZRE is the larger fund by AUM.
How are REIT and ZRE managed?
REIT is actively managed by Global X. 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: REIT or ZRE?
Year to date, REIT has seen +$1.17 M in net flows, compared with +$2.75 M for ZRE. ZRE has attracted more net investor money so far.
How do the fees of REIT and ZRE compare?
REIT has an expense ratio of 0.25%, while ZRE has an expense ratio of 0.61%.
Recent articles about REIT 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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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.




