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Compare iShares S&P/TSX Canadian Preferred Share Index ETF (CPD) vs Desjardins Canadian Preferred Share Index ETF (DCP) to find the best fit for your portfolio. CPD and DCP provide the same top sector exposures: Finance, Energy, and Utilities. When evaluating costs, CPD features a management fee (MER) of 0.45%, compared to 0.4% for DCP. Performance-wise, CPD has returned 6.91% year-to-date with +$39 M in net flows, whereas DCP is at 7.93% with +$1 M. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.
NAV Performance and Flows
Key Data
Compare
CPD
DCP
| AuM | $1,135.70 M | $42.74 M |
| Management Fees | 0.45% | 0.40% |
| Exp. ratio | 0.49% | 0.46% |
| Tracking Difference | -0.60% | -0.67% |
Historical performance and flows
As of September 2, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | CPD | +0.55% | +2.81% | +6.91% | +11.66% | +64.91% |
DCP | +0.85% | +3.02% | +7.93% | +13.36% | +73.94% | |
| Flows | CPD | +$7 M | +$53 M | +$39 M | +$17 M | -$142 M |
DCP | +$1 M | +$2 M | +$1 M | +$1 M | +$3 M |
CPD vs DCP exposure
Countries
CPD
Canada
96.29%
DCP
Canada
95.80%
Sectors
CPD
Finance
53.87%
Energy
21.84%
Utilities
13.76%
Other
10.53%
DCP
Finance
46.73%
Energy
27.16%
Utilities
14.86%
Telecommunications
8.14%
As of September 2, 2026
Top 10 Holdings
CPD
TC Energy Corp.
1.73%
Fortis, Inc.
1.72%
The Toronto-Dominion Bank
1.43%
Canadian Imperial Bank of Commerce
1.30%
Bank of Montreal
1.21%
TC Energy Corp.
1.19%
National Bank of Canada
1.18%
BCE, Inc.
1.17%
TC Energy Corp.
1.17%
Pembina Pipeline Corp.
1.12%
DCP
TC Energy Corp.
2.55%
Fortis, Inc.
2.55%
The Toronto-Dominion Bank
2.14%
Canadian Imperial Bank of Commerce
1.93%
Bank of Montreal
1.78%
BCE, Inc.
1.75%
TC Energy Corp.
1.74%
National Bank of Canada
1.73%
TC Energy Corp.
1.72%
Pembina Pipeline Corp.
1.65%
Diversification
CPD
Total weight of top 10 holdings out of 149 total
13.21%
DCP
Total weight of top 10 holdings out of 99 total
19.54%
Characteristics
Compare
CPD
DCP
| Provider | iShares | Desjardins Investments |
| Management | Passively managed | Passively managed |
| Benchmark | S&P/TSX Preferred Share Total Return Index - CAD | Solactive Canadian Rate Reset Preferred Share Total Return Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 5.01% | 5.23% |
| Meets ESG criteria | No | No |
| Inception Date | April 10, 2007 | March 21, 2017 |
Frequently asked questions about CPD and DCP
Which ETF has performed better year to date: CPD or DCP?
As of September 2, 2026, CPD has returned 6.91% year to date, while DCP has returned 7.93%. DCP is ahead on YTD performance.
Which ETF is larger by assets under management: CPD or DCP?
As of September 2, 2026, CPD manages $1.14 B in assets, while DCP manages $42.74 M. CPD is the larger fund by AUM.
How are CPD and DCP managed?
CPD is passively managed by iShares. It tracks the S&P/TSX Preferred Share Total Return Index - CAD benchmark. DCP is passively managed by Desjardins Investments. It tracks the Solactive Canadian Rate Reset Preferred Share Total Return Index - CAD benchmark.
What sectors do CPD and DCP emphasize?
CPD is most exposed to Finance, Energy, and Utilities. DCP is most exposed to Finance, Energy, and Utilities.
Which ETF is attracting more investor flows: CPD or DCP?
Year to date, CPD has seen +$38.77 M in net flows, compared with +$1.20 M for DCP. CPD has attracted more net investor money so far.
How do the fees of CPD and DCP compare?
CPD has an expense ratio of 0.49%, while DCP has an expense ratio of 0.46%.
What are the top holdings of CPD and DCP?
CPD's largest holdings include Enbridge, Inc., Brookfield Corp., and Manulife Financial Corp.. DCP's top holdings include Brookfield Corp., Enbridge, Inc., and Pembina Pipeline Corp..
Which ETF is more diversified: CPD or DCP?
CPD holds 30 securities, while DCP holds 29. On holdings count, CPD is the more diversified portfolio.
Recent articles about CPD and DCP
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