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Compare TD Active Global Real Estate Equity ETF (TGRE) vs Mackenzie Developed Markets Real Estate Index ETF (QRET) to find the best fit for your portfolio. TGRE provides Real Estate, Communication Services, and Industrials exposures, while QRET is primarily weighted in Real Estate, Financials, and Consumer Discretionary. When evaluating costs, TGRE features a management fee (MER) of 0.65%, compared to 0.4% for QRET. Performance-wise, TGRE has returned 9.52% year-to-date with +$8 M in net flows, whereas QRET is at 9.36% with +$6 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
TGRE
QRET
| AuM | $98.01 M | $24.86 M |
| Management Fees | 0.65% | 0.40% |
| Exp. ratio | 0.73% | 0.45% |
| Tracking Difference | - | -0.59% |
Historical performance and flows
As of June 10, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | TGRE | +0.15% | +5.22% | +9.52% | +10.67% | +36.45% |
QRET | +0.49% | +4.10% | +9.36% | +12.53% | +36.59% | |
| Flows | TGRE | +$0 M | +$0 M | +$8 M | +$10 M | +$22 M |
QRET | +$6 M | +$6 M | +$6 M | +$6 M | +$12 M |
TGRE vs QRET exposure
Countries
TGRE
USA
64.07%
Japan
8.94%
Other
7.61%
Other
19.38%
QRET
USA
67.66%
Japan
9.12%
Other
23.22%
Sectors
TGRE
Real Estate
91.15%
Other
7.82%
QRET
Real Estate
94.21%
As of June 10, 2026
Top 10 Holdings
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%
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%
Diversification
TGRE
Total weight of top 10 holdings out of 52 total
52.64%
QRET
Total weight of top 10 holdings out of 320 total
33.69%
Characteristics
Compare
TGRE
QRET
| Provider | TD Asset Management | Mackenzie Investments |
| Management | Actively managed | Passively 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 | 4.43% | 2.71% |
| Meets ESG criteria | No | No |
| Inception Date | November 26, 2019 | September 24, 2020 |
Frequently asked questions about TGRE and QRET
Which ETF has performed better year to date: TGRE or QRET?
As of June 10, 2026, TGRE has returned 9.52% year to date, while QRET has returned 9.36%. TGRE is ahead on YTD performance.
Which ETF is larger by assets under management: TGRE or QRET?
As of June 10, 2026, TGRE manages $98.01 M in assets, while QRET manages $24.86 M. TGRE is the larger fund by AUM.
How are TGRE and QRET managed?
TGRE is actively managed by TD Asset Management. It does not track an index. QRET is passively managed by Mackenzie Investments. It tracks the Solactive GBS Developed Markets Real Estate Net Total Return Index - CAD benchmark.
What sectors do TGRE and QRET emphasize?
TGRE is most exposed to Real Estate, Communication Services, and Industrials. QRET is most exposed to Real Estate, Financials, and Consumer Discretionary.
Which ETF is attracting more investor flows: TGRE or QRET?
Year to date, TGRE has seen +$8.49 M in net flows, compared with +$6.17 M for QRET. TGRE has attracted more net investor money so far.
How do the fees of TGRE and QRET compare?
TGRE has an expense ratio of 0.73%, while QRET has an expense ratio of 0.45%.
What are the top holdings of TGRE and QRET?
TGRE's largest holdings include WELLTOWER INC, PROLOGIS REIT, and EQUINIX INC COMMON STOCK REIT. QRET's top holdings include WELLTOWER INC, PROLOGIS REIT, and EQUINIX INC COMMON STOCK REIT.
Which ETF is more diversified: TGRE or QRET?
TGRE holds 52 securities, while QRET holds 297. 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.

