VS
Compare BMO Equal Weight REITs Index ETF (ZRE) vs iShares Core S&P/TSX Capped Composite Index ETF (XIC) to find the best fit for your portfolio. ZRE provides Real Estate and Health Care exposures, while XIC is primarily weighted in Financials, Energy, and Materials. When evaluating costs, ZRE features a management fee (MER) of 0.55%, compared to 0.05% for XIC. Performance-wise, ZRE has returned 11.54% year-to-date with +$6 M in net flows, whereas XIC is at 10.34% with +$6 B. 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
ZRE
XIC
| AuM | $638.87 M | $29,994.00 M |
| Management Fees | 0.55% | 0.05% |
| Exp. ratio | 0.61% | 0.06% |
| Tracking Difference | -0.73% | -0.11% |
Historical performance and flows
As of June 11, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZRE | +2.05% | +8.20% | +11.54% | +14.45% | +31.58% |
XIC | +1.77% | +5.27% | +10.34% | +33.79% | +89.23% | |
| Flows | ZRE | +$4 M | +$3 M | +$6 M | +$1 M | -$18 M |
XIC | +$408 M | +$2,783 M | +$5,643 M | +$7,720 M | +$11,682 M |
ZRE vs XIC exposure
Countries
ZRE
Canada
100.00%
XIC
Canada
99.06%
Sectors
ZRE
Real Estate
85.38%
Other
9.77%
XIC
Financials
29.96%
Energy
17.73%
Materials
14.57%
Other
13.30%
Other
24.44%
As of June 11, 2026
Top 10 Holdings
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%
XIC
ROYAL BK CANADA
7.02%
TORONTO DOMINION
5.05%
SHOPIFY SUBORDINATE VOTING
4.16%
ENBRIDGE
3.38%
BANK OF MONTREAL
3.00%
CDN IMPERIAL BK
2.89%
CA11271J1075
2.78%
CDN NATURAL RESOURCE
2.78%
BNS
2.68%
AGNICO EAGLE MINES LTD
2.63%
Diversification
ZRE
Total weight of top 10 holdings out of 20 total
51.85%
XIC
Total weight of top 10 holdings out of 221 total
36.37%
Characteristics
Compare
ZRE
XIC
| Provider | BMO | iShares |
| Management | Passively managed | Passively managed |
| Benchmark | Solactive Equal Weight Canada REIT Total Return Index - CAD | S&P/TSX Capped Composite Total Return Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 4.34% | 2.03% |
| Meets ESG criteria | No | No |
| Inception Date | May 19, 2010 | February 16, 2001 |
Frequently asked questions about ZRE and XIC
Which ETF has performed better year to date: ZRE or XIC?
As of June 11, 2026, ZRE has returned 11.54% year to date, while XIC has returned 10.34%. ZRE is ahead on YTD performance.
Which ETF is larger by assets under management: ZRE or XIC?
As of June 11, 2026, ZRE manages $638.87 M in assets, while XIC manages $29.99 B. XIC is the larger fund by AUM.
How are ZRE and XIC managed?
ZRE is passively managed by BMO. It tracks the Solactive Equal Weight Canada REIT Total Return Index - CAD benchmark. XIC is passively managed by iShares. It tracks the S&P/TSX Capped Composite Total Return Index - CAD benchmark.
What sectors do ZRE and XIC emphasize?
ZRE is most exposed to Real Estate and Health Care. XIC is most exposed to Financials, Energy, and Materials.
Which ETF is attracting more investor flows: ZRE or XIC?
Year to date, ZRE has seen +$6.31 M in net flows, compared with +$5,643.19 M for XIC. XIC has attracted more net investor money so far.
How do the fees of ZRE and XIC compare?
ZRE has an expense ratio of 0.61%, while XIC has an expense ratio of 0.06%.
What are the top holdings of ZRE and XIC?
ZRE's largest holdings include ALLIED PROPERTIES REAL ESTAT INV UNT and FIRST CAPITAL REIT UNT. XIC's top holdings include ROYAL BK CANADA and TORONTO DOMINION.
Which ETF is more diversified: ZRE or XIC?
ZRE holds 19 securities, while XIC holds 193. On holdings count, XIC is the more diversified portfolio.
Recent articles about ZRE and XIC
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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