XRE.TO
iShares S&P/TSX Capped REIT Index ETF
Seeks to provide long-term capital growth by replicating the performance of the S&P/TSX Capped REIT Index, net of expenses
Canadian
EQUITY
Passive
MANAGEMENT STYLE
$ 1.2 B
ASSETS UNDER MGMT
61 bp
EXPENSES
Fund Basics
| Inception date | Oct 17, 2002 |
| Regulation | Canadian Mutual Fund Trust (ON) |
| Fund Website | link... |
| Distributions | Monthly |
| Currency | CAD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
| CANADIAN APARTMENT PROPERTIES REAL ESTAT | 11.6 % |
| GRANITE REAL ESTATE INVESTMENT TRUST UNI | 10.7 % |
| RIOCAN REAL ESTATE INVESTMENT TRUST | 10.2 % |
| FIRST CAPITAL REAL ESTATE INVESTMENT TRU | 7.7 % |
| CHOICE PROPERTIES REAL ESTATE INVESTMENT | 7.6 % |
| SMARTCENTRES REAL ESTATE INVESTMENT TRUS | 6.7 % |
| DREAM INDUSTRIAL REAL ESTATE INVESTMENT | 6.6 % |
| H&R REAL ESTATE INVESTMENT TRUST | 5.6 % |
| BOARDWALK REIT | 5.0 % |
| KILLAM APARTMENT REAL ESTATE INVESTMENT | 3.8 % |
Constituent Breakdown
| Number of holdings | 20 |
| Herfindahl-Hirschman Index | 681 |
| Wgt avg mkt cap (mns) | $2,474 |
| Large cap (>$10bn) | 66.3% |
| Mid cap ($2-10bn) | 23.2% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 80.0% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
CANADA | 80.0 % |
Historical Performance
Standardized Performance (as of 05/31/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 8.9% | 7.8% | 6.8% | 0.8% | -2.3% | 0.3% | 0.9% | 2.3% |
| Dividend Yield | 0.4% | 3.5% | 4.7% | 4.6% | 4.3% | 4.6% | 5.4% | 5.7% |
| Total Returns | 9.3% | 11.4% | 11.5% | 5.5% | 2.0% | 4.9% | 6.4% | 8.0% | Ann. Volatility | 13.2% | 11.7% | 14.4% | 15.8% | 16.2% | 17.6% | 17.1% | 16.4% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.35 | 13% |
| MSCI EAFE | 0.33 | 18% |
| MSCI Emg Mkts | 0.16 | 8% |
Liquidity Measures
| Avg. volume (000) | 256 |
| ADV traded (mns) | $4 |
| Turnover | 0.4% |
| Avg. Bid/Ask (% of price) | 0.00% |
Technical Indicators
| 30d moving avg. (EMA) | $16.53 |
| Relative strength (RSI) | 58 |
| MACD/Signal | 0.10/0.09 |
| Bollinger Bands (Upper/Lower) | $16.96/$16.27 |
| Short interest (% of AUM) | 0.0% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. XRE.TO |
Expenses vs. XRE.TO |
ALTAR Score™ vs. XRE.TO |
|---|---|---|---|---|
| VRE.TO | Vanguard FTSE Canadian Capped REIT Index ETF | 63.0% | -26 bp | -2.7% |
| ZRE.TO | BMO Equal Weight REITs Index ETF | 60.8% | -6 bp | -14.8% |
| REIT.TO | Global X Equal Weight Canadian REITs Index ETF | 59.4% | -61 bp | -14.8% |
| MREL.TO | Middlefield Real Estate Dividend ETF | 40.5% | +38 bp | -5.3% |
| TLV.TO | Invesco S&P/TSX Composite Low Volatility Index ETF | 24.2% | -31 bp | -6.1% |
Risk and Returns: XRE.TO vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates (CAD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | ||
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 6/4/2026
Peer Group Comparison
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ETF Research Center Rating
14.8%
ALTAR SCORE™
99th
PERCENTILE
SPECULATIVE
ETFRC RATING
There are 104 funds in the Canadian Equity category with an average
ALTAR Score™ of 5.9% and a standard deviation
of 1.4%. XRE.TO's ALTAR Score™ is approximately 6.3 standard
deviations above the category average. This places XRE.TO in the 99th percentile
among funds in the category.
Sell-Side Consensus
$
PRICE TARGET
-100.0%
UPSIDE