A side-by-side comparison of BMO Global Infrastructure Index ETF (ZGI) and NBI Global Real Assets Income ETF (NREA) to help Canadian investors make an informed decision.
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1-Year Performance
Normalised to 100 at the start — shows relative return over the trailing 12 months.
Head-to-Head Comparison
| Metric | ZGI | NREA |
|---|---|---|
| YTD Return | +14.41% | +15.33%✓ |
| 1-Day Change | +0.81%✓ | +0.52% |
| 1-Week Change | +0.24% | +1.16%✓ |
| 1-Month Change | -1.10% | +1.95%✓ |
| Current Price | $59.40 | $28.81 |
| AUM | $520M | $1.47B✓ |
| MER (Expense Ratio) | 0% | 0% |
| Dividend Yield | 2.36%✓ | 1.84% |
| Distribution Frequency | Quarterly | Monthly |
| Inception Date | 2010-01-19 | 2019-01-15 |
| Holdings Count | 10 | 10 |
| MorningStar Rating | ★★★★ | ★★★★ |
| Category | Global Infrastructure Equity | Global Infrastructure Equity |
| Beta | 1.06 | 0.00 |
| 52-Week High | $60.94 | $28.81 |
| 52-Week Low | $50.45 | $24.57 |
| 50-Day MA | $58.30 | $27.99 |
| 200-Day MA | $55.63 | $26.86 |
✓ marks the better value for return/yield/AUM metrics. Lower ✓ for MER.
Annualised Returns
| Period | ZGI | NREA |
|---|---|---|
| YTD | +14.41% | +15.33%✓ |
| 1 Year | +19.35%✓ | +12.68% |
| 3 Year | +16.22%✓ | +13.26% |
| 5 Year | +11.56%✓ | +10.11% |
| 10 Year | +9.44% | — |
| 1Y Volatility | 12.90% | 7.76% |
| Sharpe Ratio (3Y) | 0.92 | 1.22 |
Past performance is not a guarantee of future results.
Top 10 Holdings
| 1 | ENB | Enbridge Inc | 9.49% |
| 2 | WMB | Williams Companies Inc | 7.42% |
| 3 | AMT | American Tower Corp | 6.55% |
| 4 | NGG | National Grid PLC ADR | 6.40% |
| 5 | TRP | TC Energy Corp | 5.53% |
| 6 | KMI | Kinder Morgan Inc | 5.14% |
| 7 | OKE | ONEOK Inc | 4.58% |
| 8 | SRE | Sempra Energy | 4.56% |
| 9 | TRGP | Targa Resources Inc | 4.53% |
| 10 | LNG | Cheniere Energy Inc | 4.06% |
| 1 | ETR | Entergy Corporation | 7.31% |
| 2 | NEE | Nextera Energy Inc | 6.21% |
| 3 | AEP | American Electric Power Co Inc | 5.92% |
| 4 | XEL | Xcel Energy Inc | 5.10% |
| 5 | IBE | Iberdrola S.A. | 4.20% |
| 6 | ENB | Enbridge Inc | 3.67% |
| 7 | WMB | Williams Companies Inc | 3.63% |
| 8 | TCL | Transurban Group | 3.56% |
| 9 | AENA | Aena SA | 3.16% |
| 10 | TRGP | Targa Resources Inc | 3.06% |
Sector Weights
| Sector | ZGI | NREA |
|---|---|---|
| Basic Materials | 0.00% | 0.00% |
| Communication Services | 0.00% | 0.00% |
| Consumer Cyclicals | 0.00% | 0.00% |
| Consumer Defensive | 0.00% | 0.00% |
| Energy | 45.86% | 17.19% |
| Financial Services | 0.00% | 0.00% |
| Healthcare | 0.00% | 0.00% |
| Industrials | 1.58% | 29.07% |
| Real Estate | 10.80% | 2.19% |
| Technology | 0.00% | 0.12% |
| Utilities | 41.77% | 51.44% |
About ZGI
BMO Global Infrastructure Index ETF (ZGI.TO) is a Canadian-listed ETF traded on the Toronto Stock Exchange. More detailed information will be available soon.
About NREA
NA
Which ETF is Right for You?
Both ZGI and NREA are listed on Canadian exchanges and accessible through most Canadian brokerages including Questrade, Wealthsimple Trade, TD Direct, and Interactive Brokers.
Based on the available data, NREA scores higher across our tracked metrics including YTD performance, dividend yield, and AUM — though both ETFs warrant individual research before investing.
- Consider your account type (TFSA, RRSP, non-registered) as it can affect dividend taxation.
- Compare management expense ratios (MER) directly on each provider's website.
- Look at average daily trading volume to assess liquidity.
- Review the fund's underlying index and holdings to ensure the exposure matches your goals.
This is not financial advice. Always do your own research or consult a licensed financial advisor before investing.
Frequently Asked Questions
What is the difference between ZGI and NREA?
ZGI (BMO Global Infrastructure Index ETF) and NREA (NBI Global Real Assets Income ETF) are both Canadian-listed ETFs. Key differences include their AUM ($520M vs $1.47B), dividend yield (2.36% vs 1.84%), and year-to-date performance (+14.41% vs +15.33%).
Is ZGI better than NREA?
There is no single "better" ETF — it depends on your investment goals. If you prioritise dividends, compare both yields and choose based on your income needs. Always review the fund's prospectus and consider your tax situation.
Can I buy ZGI and NREA on Wealthsimple?
Most Canadian-listed ETFs are available on Wealthsimple Trade commission-free. Both ZGI and NREA should be accessible. Check Wealthsimple's supported tickers list to confirm availability.
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