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›ETF Providers›BMO›ZRE
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ZRE
CA05560G1054
Passive ETFEquity

ZRE ETF · BMO Equal Weight REITs Index ETF

The ZRE Exchange Traded Fund (ETF) is provided by BMO. It is built to track an index: Solactive Equal Weight Canada REIT Index. The ZRE ETF provides physical exposure, so by buying it you actually own parts of all the 20 underlying holdings. This share class generates a stream of income by distributing dividends.
Last update Yesterday at 1:30 PM UTC
LIVE
CLOSED
This fund is part ofDeveloped Market Blended Cap1M perf.+8.79%
Last price
$23.76
1M perf.
+7.82%
1M flows
-€634K
AuM
€390M
E/R
0.61%
Rating
ESG Consensus®
esg grade icon
ZRE
$23.76

Performance & flows

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January 23, 2026 → April 23, 2026
0-8-6-4-2024%FEBMARAPRFEBMARAPR
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ZRE
$23.75
+1.16%
Developed Market Blended Cap
+2.63%

Historic performance and flows

1M3M1Y3Y5YMTDQTDYTD
Perf.
+7.82%
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+1.16%
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+22.09%
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+25.15%
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+24.83%
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+7.09%
+7.09%
+8.88%
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Flows

Key fund info

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This ETF's jurisdiction country is not in your region (Europe and Middle East) Â· 
Main characteristics
Issuer
CUSIP
05560G105
ISIN
CA05560G1054
AuM
€390M
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E/R
0.61%
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Replication rating
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ESG Consensus®
esg grade icon
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More details
NAV
4/23/2026
$23.75
1D NAV change
+0.96%
Dividend policy
Replication method
Direct (Physical)
Replication model
Full replication
No. of holdings
20
Inception date
5/19/2010
Jurisdiction
Canada
Distribution
Canada
Legal structure
Unit Investment Trust
Base currency
CAD
Dividend distribution
Trailing 12-month distr. yield
Distribution frequency
Last distribution
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Classification
Product type
Benchmark
Solactive Equal Weight Canada REIT Index
Asset class
Factors
N/A
Investment strategy
The BMO Equal Weight REITs Index ETF has been designed to replicate, to the extent possible, the performance of the Solactive Equal Weight Canada REIT Index, net of expenses. The Fund invests in Canadian real estate investment trusts. The Fund invests in and holds the Constituent Securities of the Index in the same proportion as they are reflected in the Index.
Tax optimisation
PEA
France
UK Reporting Status
United Kingdom
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Risk profile

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Historical risk/return profile

3M1Y3Y5Y
Returns
+1.16%
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+22.09%
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+25.15%
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+24.83%
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Volatility
Perf./Volatility
Max drawdown
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Synthetic Risk and Reward Indicator (SRRI)
UCITS
N/A
PRIIPS
N/A
More exposure metrics are available, exclusively in Trackinsight Enterprise

Exposure

Countries
Canada
100.00%
Sectors
Real Estate
85.53%
Health Care
4.83%
Unavailable
9.64%
Diversification
Total weight of top 15 holdings out of 20
Top 15 holdings
Data as of March 31, 2026
ALLIED PROPERTIES REAL ESTAT INV UNT
MINTO APARTMENT REIT UNT
INTERRENT REAL ESTATE INVESTMENT UNT
CHOICE PROPERTIES REAL ESTATE INVESTMENT UNITS
DREAM INDUSTRIAL REAL ESTATE
SMART REAL ESTATE INVESTMENT
CROMBIE REI UNT
BOARDWALK REAL ESTATE INVESTMENT UNT
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CT REIT UNITS
PRIMARIS REAL ESTATE INVESTMENT TRUST UNIT
RIOCAN REAL ESTATE UNT
KILLAM APARTMENT REAL ESTATE
SLATE GROCERY REIT
FIRST CAPITAL REIT UNT
CANADIAN APARTMENT PROPER REIT UNT
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More risk metrics are available, exclusively in Trackinsight Enterprise

Sustainability

Integrates ESG criteria
No
SDG

ESG Consensus® by Conser

Data as of February 27, 2026
Methodology

Our partner Conser gathers the industry's consensus on the business practices of the underlying holdings. We have computed the following metrics about ZRE ETF's sustainability, based on their methodology.

Learn more about Conser

ESG Consensus®
esg grade icon

ESG Consensus® is based on the Final Sustainability Grade, which itself consists of 10 grades. Our partner Conser calculates the exact grade, based on market intelligence, using their proprietary ESG Consensus® methodology.


ZRE’s has a Final Sustainability Grade of either C+, C, C-, or D.

This fund’s exact Final Sustainability Grade is available in Trackinsight Enterprise.
Learn more about Trackinsight Enterprise
Holdings review
53.11% of holdings have positive scoring
46.89% of holdings have negative scoring
42.33%
10.78%
5.09%
41.80%
Consensus levels
Strong
Medium
Weak
More sustainability metrics are available, exclusively in Trackinsight Enterprise

Replication

Trackinsight replication rating:
1-year trailing difference
As of March 31, 2026
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ZRE
N/A
Replication quality
Calculated over 12m, as of March 31, 2026
Tracking error
Tracking difference
1-year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
Replication information
Index
Index ticker
Index dividend policy
Replication method
Replication model

Issuer

BMO
BMO ID Card
Number of funds
276
Total AuM
€118.07B
Expense ratio range
0.05% - 1.17%
Average expense ratio
0.4463%

Frequently asked questions about ZRE

What does BMO Equal Weight REITs Index ETF, ZRE, invest in?

ZRE is a Passive ETF. This ETF provides exposure to Equally Weighted Canadian REIT Equities.

Which benchmark or index does ZRE replicate?

ZRE tracks the Solactive Equal Weight Canada REIT Total Return Index - CAD, through a full replication replication method.

What is the Total Expense ratio (TER) of ZRE?

ZRE carries a total expense ratio (TER) of 0.61%, indicating the annual cost for holding the fund.

When was ZRE launched?

ZRE was introduced to the market on May 19, 2010. It trades on Canada

Who is the ETF issuer of ZRE?

BMO Equal Weight REITs Index ETF, ZRE, is provided by BMO. Learn more about BMO here.

What is the current assets under management (AUM) of ZRE?

ZRE oversees €390M in assets as of April 23, 2026.

How has ZRE performed lately?

Based on data from April 23, 2026, ZRE returned 7.82% over the past month, 1.16% over the last three months and 8.88% year-to-date.

What are the latest inflows or outflows for ZRE?

As of April 23, 2026, ZRE recorded net flows of -€651K over the last month and +€1.7M year-to-date.

Does ZRE distribute dividends?

ZRE follows a distributing dividend policy, meaning it pays out income to investors. As of April 23, 2026, its 12-month trailing yield was 4.50%.

What are the main country or region exposures of ZRE?

As of March 31, 2026, ZRE has significant geographic allocations in Canada.

In which sector or theme does ZRE invest in?

As of March 31, 2026, ZRE focuses largely on Real Estate and Health Care.

How many securities does ZRE hold and how diversified is it?

As of March 31, 2026, ZRE holds 20 positions in its portfolio, with 76.03% of assets concentrated in its top 15 holdings.

What are the main positions in ZRE?

As of March 31, 2026, ZRE top three holdings include ALLIED PROPERTIES REAL ESTAT INV UNT, MINTO APARTMENT REIT UNT and INTERRENT REAL ESTATE INVESTMENT UNT.

What is the base currency of ZRE?

The base currency of ZRE is CAD.

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