Question 1

What is ZRE?

Accepted Answer

ZRE (BMO Equal Weight REITs Index ETF) is a Canadian-listed ETF trading on the TSX in the Global Real Estate category. It tracks the Morningstar DM REIT NR CAD.

Question 2

What is the ZRE ETF price today?

Accepted Answer

ZRE last traded at $21.86 CAD on the TSX. See the price chart above for recent performance.

Question 3

What are ZRE annualised returns?

Accepted Answer

ZRE historical returns: YTD: -1.31%, 1-year: +2.67%, 3-year annualised: +12.25%, 5-year annualised: +0.49%, 10-year annualised: +6.92%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 0.49, which measures risk-adjusted return.

Question 4

Does ZRE pay dividends or distributions?

Accepted Answer

Yes, ZRE distributes income to unitholders. The current distribution yield is approximately 4.76%, 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 5

What does ZRE invest in?

Accepted Answer

ZRE's top holdings include Slate Grocery REIT (SGR-UN, 6.8%), BSR Real Estate Investment Trust (BSRT-UN, 6.0%), Primaris Retail R.E. Invest. Tr. Units (PMZ-UN, 5.6%), First Capital Real Estate Investment Trust (FCR-UN, 5.6%), RioCan Real Estate Investment Trust (REI-UN, 5.7%) — 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 6

What sectors does ZRE invest in?

Accepted Answer

ZRE's largest sector exposures are Real Estate (100.0%), Energy (0.0%), Utilities (0.0%). The full sector breakdown is shown in the Sector Weights table on this page.

Question 7

How large is ZRE? (Assets under management)

Accepted Answer

ZRE has approximately $584M 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 8

When was ZRE launched?

Accepted Answer

ZRE was launched on May 19, 2010, giving it a 16-year track record. A longer history makes it easier to evaluate how the ETF performs across different market cycles.

Question 9

How do I buy ZRE in Canada?

Accepted Answer

ZRE trades on the TSX under the ticker ZRE. 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 10

How risky is ZRE?

Accepted Answer

ZRE has a 1-year volatility of 14.03% and a beta of 0.88 (less volatile than the broad market). Its 3-year Sharpe ratio of 0.49 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
2026-10-29	$21.94	$22.00	$21.67	$21.86	$21.86	37,500
2026-10-28	$22.25	$22.25	$21.99	$22.07	$22.07	43,145
2026-10-27	$22.32	$22.40	$22.27	$22.27	$22.27	23,200
2026-10-26	$22.44	$22.44	$22.29	$22.34	$22.34	9,037
2026-10-23	$22.62	$22.65	$22.32	$22.39	$22.39	14,750
2026-10-22	$22.25	$22.65	$22.25	$22.64	$22.64	17,532
2026-10-21	$22.42	$22.50	$22.25	$22.29	$22.29	7,966
2026-10-20	$22.12	$22.45	$22.12	$22.44	$22.44	10,773
2026-10-19	$22.26	$22.27	$22.09	$22.10	$22.10	30,481
2026-10-16	$22.41	$22.48	$22.26	$22.32	$22.32	16,788

#	Ticker	Name	Weight
1	SGR-UN	Slate Grocery REIT	6.80%
2	BSRT-UN	BSR Real Estate Investment Trust	6.02%
3	PMZ-UN	Primaris Retail R.E. Invest. Tr. Units	5.61%
4	FCR-UN	First Capital Real Estate Investment Trust	5.62%
5	REI-UN	RioCan Real Estate Investment Trust	5.65%
6	CRT-UN	CT Real Estate Investment Trust	5.55%
7	CRR-UN	Crombie Real Estate Investment Trust	5.31%
8	VITL-UN	NorthWest Healthcare Properties Real Estate Investment Trust	5.54%
9	CSH-UN	Chartwell Retirement Residences	5.75%
10	SRU-UN	SmartCentres Real Estate Investment Trust	5.57%

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

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BMO Equal Weight REITs Index ETF (ZRE : TSX)

Price Chart (30 Days)

Key Statistics

Recent Price History

Annualised Returns

Top 10 Holdings

Sector Weights

ETF Details

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Frequently Asked Questions — ZRE