![]() With over 20 underlying REIT holdings, ZRE is a well-diversified ETF. ZRE has a long performance track record and is one of the largest ETFs on our list in terms of assets under management. ZRE invests in Canadian REITS, is passively managed, and tracks the Solactive Equal Weight Canada REIT Index. Assets under Management: $654.97 MillionīMO’s Equal Weight REITs Index ETF is another option to consider for adding Canadian real estate exposure to your portfolio.REIT is rated medium risk by Invesco, which is again standard for most REIT ETFs.Īssuming that REIT grows its assets in the future, it is a great REIT ETF to consider. REIT pays distributions to investors on a monthly basis and has a high dividend yield. The ETF is relatively inexpensive from an MER perspective when compared to most REIT ETFs in Canada. Having just under 20 holdings, REIT holds a substantial amount of underlying REITs, making it a well-diversified ETF. Its small size does put it at risk of closing in the near future if it does not manage to grow in assets. REIT has a medium-length performance track record and is a tiny ETF in terms of assets under management. REIT is passively managed and tracks the S&P/TSX Capped REIT Income Index. The cleverly-named REIT ETF invests in Canadian REITs. Invesco is the investment manager behind a good REIT ETF in Canada. Assets under Management: $22.78 Million.HCRE carries a medium risk rating from Horizons, which is fairly standard for a REIT ETF.ĭepending on whether you require a steady stream of distributions from your REIT ETF or not, HCRE may be a great, low-cost option to consider. From an income perspective, the lack of regular distributions will require you to sell units to raise cash. From a tax efficiency standpoint, the ETF does not pay any distributions, so it is more tax efficient. The ETF’s strategy (using swaps) has its pros and cons. Keep in mind that each underlying REIT has a portfolio of properties that it invests in as well. With approximately eight REIT holdings, the strategy is relatively concentrated (versus peer REIT ETFs). Its MER is one of the lowest in Canada for a REIT ETF. HCRE has a very short performance track record and is a fairly small ETF in terms of assets under management. ![]() This means that the ETF does not hold the actual REITs, but rather swap agreements that offer an identical return. Similar to a lot of Horizons’ other total return ETFs, HCRE uses a derivative strategy (swap) to generate returns for clients. HCRE is passively managed and tracks the Solactive Equal Weight Canada REIT Index (Total Return). The REIT ETF offers exposure to several Canadian REITs. Horizons, a well-known name in the ETF space in Canada, offers an interesting REIT ETF.
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