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Best Canadian REIT ETFs — Real Estate Income on TSX

Canadian REIT ETFs: ZRE equal-weight 23 REITs with 4.80% yield.

Best Canadian REIT ETFs — 2026

Canadian REITs provide diversified real estate income. ZRE offers equal-weight exposure to 23 Canadian REITs spanning residential, commercial, industrial, and retail.

🏆 Winner — #1 pick
1
ZRE
ZRE
TSX
↗ 0.26%

BMO Equal Weight REITs Index ETF

Price
C$22.75
YTD
+5.00%
Expense
0.61%
Yield
4.80%
Real Estate 🇨🇦 Canada ⏱ Moderate

Frequently asked questions

What is a Canadian REIT ETF?

A Canadian REIT ETF is an exchange-traded fund that invests in Canadian real estate investment trusts (REITs), providing exposure to residential, commercial, industrial, and retail properties.

Which is the top Canadian REIT ETF in 2026?

ZRE (BMO Equal Weight REITs Index ETF) is the #1 pick for Canadian REIT exposure in 2026.

What does ZRE invest in?

ZRE invests in 23 Canadian REITs across residential, commercial, industrial, and retail real estate sectors, with equal weighting for each REIT.

What is the price of ZRE?

ZRE is priced at CAD 22.75 per unit.

What is the year-to-date return of ZRE?

ZRE has a YTD return of +5.00%.

What is the expense ratio of ZRE?

ZRE has an expense ratio of 0.61%.

What is the dividend yield of ZRE?

ZRE offers a yield of 4.8%.

Why invest in Canadian REIT ETFs?

Canadian REIT ETFs provide diversified exposure to income-producing real estate, allowing investors to earn rental income and benefit from real estate growth without buying property directly.

How diversified is ZRE?

ZRE is moderately diversified with 23 REITs across multiple property types, including residential, commercial, industrial, and retail.

Is ZRE suitable for income investors?

Yes, ZRE is ideal for income-focused investors due to its high dividend yield of 4.8%.

Can ZRE be held in a TFSA or RRSP?

Yes, ZRE can be held in Canadian tax-advantaged accounts such as TFSAs and RRSPs.

What is the risk of investing in ZRE?

ZRE carries real estate sector risk, including property market fluctuations, interest rate sensitivity, and potential vacancy or rental income changes.

Who manages ZRE?

ZRE is managed by BMO Global Asset Management.

Does ZRE pay monthly or quarterly dividends?

ZRE distributes dividends, typically on a monthly basis, providing regular income to investors.

How does ZRE compare to broad Canadian equity ETFs?

Unlike broad equity ETFs, ZRE focuses solely on the real estate sector, offering higher income potential but sector-specific risk.

What types of REITs are included in ZRE?

ZRE includes residential, commercial, industrial, and retail REITs, providing broad sector coverage within Canadian real estate.

Is ZRE appropriate for beginner investors?

ZRE can be suitable for beginners seeking income and real estate exposure, but they should understand real estate market risks and interest rate sensitivity.

How can I buy ZRE?

ZRE can be purchased through Canadian brokerage accounts on the Toronto Stock Exchange (TSX).

What index does ZRE track?

ZRE tracks the BMO Equal Weight REITs Index, which gives equal exposure to 23 Canadian REITs.

Why choose equal-weight REIT ETFs like ZRE?

Equal-weight REIT ETFs prevent a few large REITs from dominating the portfolio, providing more balanced exposure and reducing concentration risk.