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 $32.26 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: +0.59%, 1-year: +5.68%, 3-year annualised: +7.09%, 5-year annualised: +1.82%, 10-year annualised: +4.78%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 0.23, 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 3.06%, 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, 10.4%), RioCan Real Estate Investment Trust (REI-UN, 9.0%), Chartwell Retirement Residences (CSH-UN, 8.8%), Granite Real Estate Investment Trust (GRT-UN, 8.0%), Colliers International Group Inc Bats (CIGI, 7.8%) — 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 $288M 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 11.46% and a beta of 0.92 (roughly in line with the broad market). Its 3-year Sharpe ratio of 0.23 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
2026-06-22	$32.58	$32.67	$32.26	$32.26	$32.26	5,069
2026-06-19	$32.47	$32.72	$32.47	$32.67	$32.67	6,100
2026-06-18	$32.47	$32.76	$32.47	$32.72	$32.72	10,800
2026-06-17	$32.80	$32.98	$32.48	$32.48	$32.48	12,204
2026-06-16	$32.84	$33.08	$32.84	$32.85	$32.85	9,678
2026-06-15	$33.15	$33.15	$32.75	$32.85	$32.85	10,688
2026-06-12	$32.93	$33.17	$32.93	$33.07	$33.07	11,811
2026-06-11	$32.72	$32.90	$32.48	$32.73	$32.73	7,550
2026-06-10	$33.06	$33.06	$32.77	$32.80	$32.80	2,572
2026-06-09	$32.49	$33.08	$32.49	$32.97	$32.97	12,093

#	Ticker	Name	Weight
1	FSV	FirstService Corp	10.41%
2	REI-UN	RioCan Real Estate Investment Trust	8.97%
3	CSH-UN	Chartwell Retirement Residences	8.79%
4	GRT-UN	Granite Real Estate Investment Trust	8.02%
5	CIGI	Colliers International Group Inc Bats	7.82%
6	CAR-UN	Canadian Apartment Properties Real Estate Investment Trust	7.44%
7	FCR-UN	First Capital Real Estate Investment Trust	6.87%
8	CHP-UN	Choice Properties Real Estate Investment Trust	6.01%
9	DIR-UN	Dream Industrial Real Estate Investment Trust	5.51%
10	SRU-UN	SmartCentres Real Estate Investment Trust	5.15%

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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