Wealth Awesome Rating: 67/100
This equity ETF has an MER of 0.62%. With higher than average fees, it’s a premium option. Managing 384 million in assets, it’s less popular among investors. Suitable for those seeking growth with a medium to high risk tolerance.
The Wealth Awesome ETF rating is based on identifying ETFs that are popular and well used, while keeping costs low.
ZRE trades on the TSX exchange.
Looking to invest in general equity? Consider an general equity ETF as an easy way to get access. The BMO Equal Weight REITs Index (ZRE) is one of the most popular ETF’s in Canada by market cap. Let’s take a closer look at this ETF here.
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What is the BMO Equal Weight REITs Index ETF
A general equity ETF, aiming for growth by investing in a broad range of stocks. This ETF has an MER of 0.62%. This ETF trades on the TSX exchange.ZRE stock price and other stats
ETF Key Stats
Exchange: TSX
Assets Under Management: $384MM
Expense Ratio: 0.62%
Price: $20.57 (Updated: 3/7/2024)
BMO Equal Weight REITs Index (ZRE) Top 10 Holdings
| Company Name | Symbol | Assets % |
|---|---|---|
| Minto Apartment Real Estate Investment Trust | MI-UN | 5.77202 |
| Chartwell Retirement Residences | CSH-UN | 5.42597 |
| First Capital Real Estate Investment Trust | FCR-UN | 5.15972 |
| Choice Properties Real Estate Investment Trust | CHP-UN | 4.99459 |
| InterRent Real Estate Investment Trust | IIP-UN | 4.88673 |
| SmartCentres Real Estate Investment Trust | SRU-UN | 4.85433 |
| Crombie Real Estate Investment Trust | CRR-UN | 4.79334 |
| Boardwalk Real Estate Investment Trust | BEI-UN | 4.77051 |
| Dream Industrial Real Estate Investment Trust | DIR-UN | 4.76717 |
| Primaris Retail R.E. Invest. Tr. Units | PMZ-UN | 4.75783 |
BMO Equal Weight REITs Index (ZRE) Breakdown by Market Cap
| Category | Value |
|---|---|
| Mega | 0 |
| Big | 0 |
| Medium | 38.23849 |
| Small | 46.52646 |
| Micro | 10.43332 |
BMO Equal Weight REITs Index (ZRE) Sector Breakdown
| Sector | Equity % | Relative to Category |
|---|---|---|
| Basic Materials | 0 | 0 |
| Consumer Cyclicals | 0 | 0.07364 |
| Financial Services | 0 | 0.11832 |
| Real Estate | 100 | 99.52064 |
| Communication Services | 0 | 0 |
| Energy | 0 | 0 |
| Industrials | 0 | 0 |
| Technology | 0 | 0 |
| Consumer Defensive | 0 | 0 |
| Healthcare | 0 | 0.2874 |
| Utilities | 0 | 0 |
BMO Equal Weight REITs Index (ZRE) Geographic Breakdown
| Region | Equity % | Relative to Category |
|---|---|---|
| North America | 100 | 80.649 |
| United Kingdom | 0 | 2.37065 |
| Europe Developed | 0 | 5.045 |
| Europe Emerging | 0 | 0 |
| Africa/Middle East | 0 | 0.128 |
| Japan | 0 | 5.506 |
| Australasia | 0 | 2.619 |
| Asia Developed | 0 | 3.613 |
| Asia Emerging | 0 | 0.023 |
| Latin America | 0 | 0.046 |
ZRE Management Expense Ratio
ZRE has a management expense ratio of 0.62% . The MER is significantly lower than what you can get with a mutual fund product offered by large banks.How to Buy BMO Equal Weight REITs Index TSX ETF
You can buy ZRE on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:| Image | Product Title | Features | Price |
|---|---|---|---|
Editor's Choice  |
| Get $25 Signup Bonus | |
Reliable Pick  |
| Get $50 Free Stock Trades |
ZRE maintains its impressive track record of providing stability and growth potential in a tumultuous market through a balanced approach to investing in REITs.