VS
iShares S&P/TSX Canadian Preferred Share Index ETF (CPD) and Global X Active Preferred Share ETF (HPR) offer distinct profiles for Canadian ETF investors. A direct comparison shows that CPD focuses its top 3 sector exposures on Finance, Energy, and Utilities, while HPR leans towards Finance, Energy, and Utilities. When evaluating costs, CPD features a management fee (MER) of 0.45%, compared to 0.62% for HPR. Performance-wise, CPD has returned 5.55% year-to-date with +$40 M in net flows, whereas HPR is at 6.53% with -$21 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
HPR
| AuM | $1,122.70 M | $940.02 M |
| Management Fees | 0.45% | 0.62% |
| Exp. ratio | 0.50% | 0.65% |
| Tracking Difference | -0.60% | - |
Historical performance and flows
As of September 18, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | CPD | -1.02% | +1.73% | +5.55% | +9.86% | +63.42% |
HPR | -1.02% | +1.95% | +6.53% | +11.59% | +68.81% | |
| Flows | CPD | +$7 M | +$50 M | +$40 M | +$18 M | -$140 M |
HPR | +$1 M | +$2 M | -$21 M | -$39 M | -$400 M |
CPD vs HPR exposure
Countries
CPD
Canada
96.86%
HPR
Canada
95.80%
Sectors
CPD
Finance
54.44%
Energy
21.84%
Utilities
14.35%
Other
9.37%
HPR
Finance
49.87%
Energy
22.90%
Utilities
11.98%
Telecommunications
10.63%
As of September 18, 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%
HPR
Enbridge, Inc.
3.06%
Enbridge, Inc.
2.26%
Brookfield Renewable Power Preferred Equity, Inc.
2.25%
Great-West Lifeco, Inc.
2.19%
BCE, Inc.
2.16%
BCE, Inc.
1.97%
TC Energy Corp.
1.96%
Enbridge, Inc.
1.86%
Fortis, Inc.
1.81%
Royal Bank of Canada, 6.698% perp., CAD (BW)
1.77%
Diversification
CPD
Total weight of top 10 holdings out of 149 total
13.21%
HPR
Total weight of top 10 holdings out of 167 total
21.29%
Characteristics
Compare
CPD
HPR
| Provider | iShares | Global X |
| Management | Passively managed | Actively managed |
| Benchmark | S&P/TSX Preferred Share Total Return Index - CAD | - |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 5.08% | 4.84% |
| Meets ESG criteria | No | No |
| Inception Date | April 10, 2007 | November 22, 2010 |
Frequently asked questions about CPD and HPR
Which ETF has performed better year to date: CPD or HPR?
As of September 18, 2026, CPD has returned 5.55% year to date, while HPR has returned 6.53%. HPR is ahead on YTD performance.
Which ETF is larger by assets under management: CPD or HPR?
As of September 18, 2026, CPD manages $1.12 B in assets, while HPR manages $940.02 M. CPD is the larger fund by AUM.
How are CPD and HPR managed?
CPD is passively managed by iShares. It tracks the S&P/TSX Preferred Share Total Return Index - CAD benchmark. HPR is actively managed by Global X. It does not track an index.
What sectors do CPD and HPR emphasize?
CPD is most exposed to Finance, Energy, and Utilities. HPR is most exposed to Finance, Energy, and Utilities.
Which ETF is attracting more investor flows: CPD or HPR?
Year to date, CPD has seen +$40.19 M in net flows, compared with -$21.19 M for HPR. CPD has attracted more net investor money so far.
How do the fees of CPD and HPR compare?
CPD has an expense ratio of 0.50%, while HPR has an expense ratio of 0.65%.
What are the top holdings of CPD and HPR?
CPD's largest holdings include Enbridge, Inc., Brookfield Corp., and Great-West Lifeco, Inc.. HPR's top holdings include Enbridge, Inc., BCE, Inc., and Great-West Lifeco, Inc..
Which ETF is more diversified: CPD or HPR?
CPD holds 29 securities, while HPR holds 62. On holdings count, HPR is the more diversified portfolio.
Recent articles about CPD and HPR
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