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 $32.49 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: +1.31%, 1-year: -3.80%, 3-year annualised: +6.87%, 5-year annualised: +0.50%, 10-year annualised: +4.29%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 0.26, 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 2.93%, 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, 10.0%), RioCan Real Estate Investment Trust (REI-UN, 8.8%), Colliers International Group Inc Bats (CIGI, 8.3%), Granite Real Estate Investment Trust (GRT-UN, 7.9%) — 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 $275M 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 10.99% and a beta of 0.92 (roughly in line with the broad market). Its 3-year Sharpe ratio of 0.26 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
2026-08-20	$32.56	$32.71	$32.46	$32.49	$32.49	3,900
2026-08-19	$32.24	$32.70	$32.24	$32.67	$32.67	3,022
2026-08-18	$32.27	$32.44	$32.22	$32.24	$32.24	8,860
2026-08-17	$32.43	$32.43	$32.05	$32.12	$32.12	7,854
2026-08-14	$32.67	$32.67	$32.38	$32.44	$32.44	2,122
2026-08-13	$32.36	$32.56	$32.36	$32.55	$32.55	5,315
2026-08-12	$32.45	$32.45	$32.20	$32.37	$32.37	1,895
2026-08-11	$32.50	$32.52	$32.45	$32.45	$32.45	3,770
2026-08-10	$32.81	$32.81	$32.30	$32.37	$32.37	9,347
2026-08-07	$32.50	$32.80	$32.50	$32.68	$32.68	10,599

#	Ticker	Name	Weight
1	FSV	FirstService Corp	11.16%
2	CSH-UN	Chartwell Retirement Residences	9.98%
3	REI-UN	RioCan Real Estate Investment Trust	8.80%
4	CIGI	Colliers International Group Inc Bats	8.29%
5	GRT-UN	Granite Real Estate Investment Trust	7.93%
6	CAR-UN	Canadian Apartment Properties Real Estate Investment Trust	7.26%
7	FCR-UN	First Capital Real Estate Investment Trust	6.65%
8	CHP-UN	Choice Properties Real Estate Investment Trust	5.77%
9	DIR-UN	Dream Industrial Real Estate Investment Trust	5.52%
10	SRU-UN	SmartCentres Real Estate Investment Trust	5.21%

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%

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CIBC Investor's Edge

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

Price Chart (30 Days)

Key Statistics

Recent Price History

Annualised Returns

Top 10 Holdings

Sector Weights

ETF Details

7 stocks to buy and hold forever

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Compare VRE vs Similar ETFs

Frequently Asked Questions — VRE

What is VRE?

What is the VRE ETF price today?

What is the VRE MER (management expense ratio)?

What are VRE annualised returns?

Does VRE pay dividends or distributions?

What does VRE invest in?

What sectors does VRE invest in?

How large is VRE? (Assets under management)

When was VRE launched?

How do I buy VRE in Canada?

How risky is VRE?

Recent ETF movers

VRE.TO news timeline

Vanguard FTSE Canadian Capped REIT Index ETF (VRE.TO) has paid dividends for 3+ years

July 2026

July 2024

Period	Return
YTD	+1.31%
1 Year	-3.80%
3 Year (Ann.)	+6.87%
5 Year (Ann.)	+0.50%
10 Year (Ann.)	+4.29%
1Y Volatility	10.99%
Sharpe Ratio (3Y)	0.26