Key stats
About BMO ASSET MANAGEMENT INC SPDR REAL ESTATE SELECT SECTOR INDEX ETF
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Inception date
Jan 21, 2025
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Primary advisor
BMO Asset Management, Inc.
The fund offers concentrated exposure to US real estate giants. It tracks an index comprising companies in the real estate management & development and REITs (excluding mortgage REITs) as identified by GICS. To replicate the performance of the underlying index, the fund substantially invests all of its assets in another ETF, Real Estate Select Sector SPDR Fund (XLRE-US). As part of the S&P Select Sector Index suite, the index draws its holdings from the S&P 500 Index, so its portfolio mainly favors large caps. Holdings are weighted by market capitalization, subject to a capping methodology that ensures no single security exceeds 25% at each quarterly rebalance.
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Classification
What's in the fund
Exposure type
ETF
Stock breakdown by region
Top 10 holdings
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
ZXLR.F trades at 30.50 CAD today, its price has risen 1.23% in the past 24 hours. Track more dynamics on ZXLR.F price chart.
ZXLR.F net asset value is 30.52 today — it's risen 1.25% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
ZXLR.F assets under management is 1.52 M CAD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
ZXLR.F fund flows account for 750.03 K CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
ZXLR.F invests in funds. See more details in our Analysis section.
No, ZXLR.F isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
No, ZXLR.F doesn't pay dividends to its holders.
ZXLR.F trades at a premium (0.06%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
ZXLR.F shares are issued by Bank of Montreal
ZXLR.F follows the S&P Real Estate Select Sector. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jan 21, 2025.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.