Question 1

What is XRE?

Accepted Answer

XRE (iShares S&P/TSX 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 XRE ETF price today?

Accepted Answer

XRE last traded at $16.54 CAD on the TSX. See the price chart above for recent performance.

Question 3

What is the XRE MER (management expense ratio)?

Accepted Answer

XRE 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%, XRE is considered a low-cost ETF.

Question 4

What are XRE annualised returns?

Accepted Answer

XRE historical returns: YTD: +6.64%, 1-year: +7.09%, 3-year annualised: +6.63%, 5-year annualised: +0.64%, 10-year annualised: +4.51%. 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 XRE pay dividends or distributions?

Accepted Answer

Yes, XRE distributes income to unitholders. The current distribution yield is approximately 4.31%, 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 XRE invest in?

Accepted Answer

XRE's top holdings include RioCan Real Estate Investment Trust (REI-UN, 12.8%), Granite Real Estate Investment Trust (GRT-UN, 11.6%), Canadian Apartment Properties Real Estate Investment Trust (CAR-UN, 10.5%), First Capital Real Estate Investment Trust (FCR-UN, 9.7%), Choice Properties Real Estate Investment Trust (CHP-UN, 8.6%) — 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 XRE invest in?

Accepted Answer

XRE'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 XRE? (Assets under management)

Accepted Answer

XRE has approximately $1.14B 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 XRE launched?

Accepted Answer

XRE was launched on October 17, 2002, giving it a 24-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 XRE in Canada?

Accepted Answer

XRE trades on the TSX under the ticker XRE. 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 XRE?

Accepted Answer

XRE has a 1-year volatility of 11.65% 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
2026-08-20	$16.52	$16.59	$16.49	$16.54	$16.54	257,200
2026-08-19	$16.46	$16.57	$16.43	$16.52	$16.52	269,855
2026-08-18	$16.46	$16.52	$16.42	$16.43	$16.43	211,020
2026-08-17	$16.54	$16.59	$16.42	$16.47	$16.47	443,125
2026-08-14	$16.66	$16.66	$16.54	$16.59	$16.59	397,628
2026-08-13	$16.59	$16.63	$16.54	$16.59	$16.59	386,597
2026-08-12	$16.45	$16.55	$16.38	$16.54	$16.54	271,003
2026-08-11	$16.52	$16.55	$16.46	$16.48	$16.48	421,189
2026-08-10	$16.68	$16.73	$16.45	$16.51	$16.51	434,525
2026-08-07	$16.62	$16.78	$16.57	$16.75	$16.75	402,629

#	Ticker	Name	Weight
1	REI-UN	RioCan Real Estate Investment Trust	12.80%
2	GRT-UN	Granite Real Estate Investment Trust	11.60%
3	CAR-UN	Canadian Apartment Properties Real Estate Investment Trust	10.55%
4	FCR-UN	First Capital Real Estate Investment Trust	9.68%
5	CHP-UN	Choice Properties Real Estate Investment Trust	8.63%
6	DIR-UN	Dream Industrial Real Estate Investment Trust	8.04%
7	SRU-UN	SmartCentres Real Estate Investment Trust	7.56%
8	HR-UN	H&R Real Estate Investment Trust	5.79%
9	PMZ-UN	Primaris Retail R.E. Invest. Tr. Units	5.36%
10	BEI-UN	Boardwalk 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%

Ticker	Name	Price	1D
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XRPP		$5.38	+15.34%
MSTU		$4.76	+15.25%

CIBC Investor's Edge

iShares S&P/TSX Capped REIT Index ETF (XRE : 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 — XRE