By exclusively targeting Canadian REITs, BMO Equal Weight REITs ETF has a limited opportunity set compared with its category peers. Its equal-weight approach helps reduce firm-specific risk, but the compact Canadian REIT market makes this a concentrated offering anyway. It earns a Morningstar Analyst Rating of Neutral despite an attractive expense ratio.
Will ZRE outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable ZRE’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the ZRE management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of ZRE’s parent organization’s priorities and whether they’re in line with investors’ interests.