Question 1

What is VRE?

Accepted Answer

VRE (Vanguard FTSE Canadian Capped REIT Index ETF) is a Canadian-listed ETF trading on the TSX in the Real Estate Equity category. It tracks the Morningstar DM REIT NR CAD.

Question 2

What is the VRE ETF price today?

Accepted Answer

VRE last traded at $33.80 CAD on the TSX. See the price chart above for recent performance.

Question 3

What is the VRE MER (management expense ratio)?

Accepted Answer

VRE has a management expense ratio (MER) of 0% per year. This fee is automatically deducted from the fund's assets, so you never pay it directly — but it does reduce your net returns over time. At 0%, VRE is considered a low-cost ETF.

Question 4

What are VRE annualised returns?

Accepted Answer

VRE historical returns: YTD: +5.40%, 1-year: +6.43%, 3-year annualised: +7.25%, 5-year annualised: +1.60%, 10-year annualised: +4.77%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 0.29, which measures risk-adjusted return.

Question 5

Does VRE pay dividends or distributions?

Accepted Answer

Yes, VRE distributes income to unitholders. The current distribution yield is approximately 2.95%, paid monthly. Distributions may include dividends, interest, capital gains, or return of capital depending on the fund's holdings. In a TFSA or RRSP, distributions are sheltered from tax.

Question 6

What does VRE invest in?

Accepted Answer

VRE's top holdings include FirstService Corp (FSV, 11.2%), Chartwell Retirement Residences (CSH-UN, 9.7%), RioCan Real Estate Investment Trust (REI-UN, 8.8%), Colliers International Group Inc Bats (CIGI, 7.8%), Granite Real Estate Investment Trust (GRT-UN, 7.7%) — and 5 more positions. See the full Top 10 Holdings table above for a complete breakdown. The fund tracks the Morningstar DM REIT NR CAD.

Question 7

What sectors does VRE invest in?

Accepted Answer

VRE's largest sector exposures are Real Estate (100.0%), Basic Materials (0.0%), Consumer Cyclicals (0.0%). The full sector breakdown is shown in the Sector Weights table on this page.

Question 8

How large is VRE? (Assets under management)

Accepted Answer

VRE has approximately $292M in assets under management (AUM). Larger AUM generally means better liquidity, tighter bid-ask spreads, and a lower risk of the fund being wound down.

Question 9

When was VRE launched?

Accepted Answer

VRE was launched on November 2, 2012, giving it a 14-year track record. A longer history makes it easier to evaluate how the ETF performs across different market cycles.

Question 10

How do I buy VRE in Canada?

Accepted Answer

VRE trades on the TSX under the ticker VRE. You can buy it through any Canadian brokerage, including Wealthsimple Trade (commission-free), Questrade, TD Direct Investing, RBC Direct, and CIBC Investor's Edge. It can be held in a TFSA, RRSP, FHSA, or taxable account.

Question 11

How risky is VRE?

Accepted Answer

VRE has a 1-year volatility of 11.92% and a beta of 0.92 (roughly in line with the broad market). Its 3-year Sharpe ratio of 0.29 indicates below-average risk-adjusted returns. As with all market-linked investments, past volatility does not predict future risk.

Date	Open	High	Low	Close	Adj Close	Volume
2026-07-20	$33.90	$33.97	$33.80	$33.80	$33.80	14,261
2026-07-17	$34.11	$34.11	$33.83	$33.87	$33.87	3,600
2026-07-16	$33.77	$34.15	$33.77	$34.06	$33.99	6,700
2026-07-15	$33.63	$34.08	$33.61	$33.65	$33.65	16,026
2026-07-14	$33.64	$33.66	$33.41	$33.52	$33.52	5,393
2026-07-13	$33.59	$33.82	$33.53	$33.72	$33.72	19,207
2026-07-10	$33.77	$33.77	$33.50	$33.59	$33.59	3,244
2026-07-09	$33.73	$33.78	$33.63	$33.73	$33.73	8,246
2026-07-08	$34.00	$34.00	$33.57	$33.74	$33.74	14,038
2026-07-07	$33.96	$34.20	$33.80	$34.09	$34.09	7,813

#	Ticker	Name	Weight
1	FSV	FirstService Corp	11.15%
2	CSH-UN	Chartwell Retirement Residences	9.66%
3	REI-UN	RioCan Real Estate Investment Trust	8.81%
4	CIGI	Colliers International Group Inc Bats	7.83%
5	GRT-UN	Granite Real Estate Investment Trust	7.73%
6	CAR-UN	Canadian Apartment Properties Real Estate Investment Trust	7.15%
7	FCR-UN	First Capital Real Estate Investment Trust	6.56%
8	CHP-UN	Choice Properties Real Estate Investment Trust	5.78%
9	DIR-UN	Dream Industrial Real Estate Investment Trust	5.25%
10	SRU-UN	SmartCentres Real Estate Investment Trust	5.23%

Sector	Weight
Real Estate	100.00%
Basic Materials	0.00%
Consumer Cyclicals	0.00%
Financial Services	0.00%
Communication Services	0.00%
Energy	0.00%
Industrials	0.00%
Technology	0.00%
Consumer Defensive	0.00%
Healthcare	0.00%
Utilities	0.00%

Vanguard FTSE Canadian Capped REIT Index ETF (VRE : TSX)

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Price Chart (30 Days)

Key Statistics

Recent Price History

Annualised Returns

Top 10 Holdings

Sector Weights

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