ZXLR
BMO SPDR Real Estate Select Sector Index ETF

Full ZXLR fund page
VS
ZRE
BMO Equal Weight REITs Index ETF

Full ZRE fund page

BMO SPDR Real Estate Select Sector Index ETF (ZXLR) and BMO Equal Weight REITs Index ETF (ZRE) offer distinct profiles for Canadian ETF investors. A direct comparison shows that ZXLR focuses its top 3 sector exposures on Finance and Technology, while ZRE leans towards Finance. When evaluating costs, ZXLR features a management fee (MER) of 0.21%, compared to 0.55% for ZRE. Performance-wise, ZXLR has returned 8.52% year-to-date with +$1 M in net flows, whereas ZRE is at 3.41% with -$1 M. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.

NAV Performance and Flows

-2.0-1.00.01.02.0%Sep 28Oct 5Oct 13Oct 20Oct 27

Key Data

Historical performance and flows

As of October 28, 2026
1M3MYTD1Y3Y
Perf.
ZXLR
+0.57%-8.58%+8.52%+4.10%-
ZRE
-1.66%-10.69%+3.41%+3.30%+41.19%
Flows
ZXLR
-$1 M-$2 M+$1 M+$1 M-
ZRE
-$1 M-$5 M-$1 M-$9 M-$20 M

ZXLR vs ZRE exposure

Countries

ZXLR
USA
99.91%
ZRE
Canada
95.08%

Sectors

ZXLR
Finance
98.56%
ZRE
Finance
100.00%
As of October 28, 2026

Top 10 Holdings

ZXLR
US81369Y8600
100.00%
ZRE
Primaris Real Estate Investment Trust
6.70%
Killam Apartment REIT
6.04%
Dream Industrial Real Estate Investment Trust
5.96%
RioCan Real Estate Investment Trust
5.88%
First Capital Real Estate Investment Trust
5.85%
CT Real Estate Investment Trust
5.62%
Granite Real Estate Investment Trust
5.61%
Slate Grocery REIT
5.59%
Crombie Real Estate Investment Trust
5.57%
SmartCentres Real Estate Investment Trust
5.55%

Diversification

ZXLR
Total weight of top 10 holdings out of 30 total
100.00%
ZRE
Total weight of top 10 holdings out of 18 total
58.37%

Characteristics

Compare
ZXLR
ZRE
ProviderBMOBMO
ManagementPassively managedPassively managed
BenchmarkS&P Real Estate Select Sector Total Return Index - USDSolactive Equal Weight Canada REIT Total Return Index - CAD
Replication MethodOtherDirect (Physical)
Asset ClassEquityEquity
Dividend PolicyDistributingDistributing
Trailing 12m distribution yield3.27%4.74%
Meets ESG criteriaNoNo
Inception DateFebruary 2, 2025May 19, 2010

Frequently asked questions about ZXLR and ZRE

Which ETF has performed better year to date: ZXLR or ZRE?
As of October 28, 2026, ZXLR has returned 8.52% year to date, while ZRE has returned 3.41%. ZXLR is ahead on YTD performance.
Which ETF is larger by assets under management: ZXLR or ZRE?
As of October 28, 2026, ZXLR manages $2.23 M in assets, while ZRE manages $576.81 M. ZRE is the larger fund by AUM.
How are ZXLR and ZRE managed?
ZXLR is passively managed by BMO. It tracks the S&P Real Estate Select Sector Total Return Index - USD benchmark. ZRE is passively managed by BMO. It tracks the Solactive Equal Weight Canada REIT Total Return Index - CAD benchmark.
Which ETF is more diversified: ZXLR or ZRE?
ZXLR holds 1 securities, while ZRE holds 18. On holdings count, ZRE is the more diversified portfolio.
Which ETF is attracting more investor flows: ZXLR or ZRE?
Year to date, ZXLR has seen +$1.29 M in net flows, compared with -$1.03 M for ZRE. ZXLR has attracted more net investor money so far.
How do the fees of ZXLR and ZRE compare?
ZXLR has an expense ratio of 0.21%, while ZRE has an expense ratio of 0.61%.
What sectors do ZXLR and ZRE emphasize?
ZXLR is most exposed to Finance and Technology. ZRE is most exposed to Finance.

Recent articles about ZXLR and ZRE

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