CPD
iShares S&P/TSX Canadian Preferred Share Index ETF

Full CPD fund page
VS
RPF
RBC Canadian Preferred Share ETF

Full RPF fund page

Compare iShares S&P/TSX Canadian Preferred Share Index ETF (CPD) vs RBC Canadian Preferred Share ETF (RPF) to find the best fit for your portfolio. CPD and RPF provide the same top sector exposures: Finance, Energy, and Utilities. When evaluating costs, CPD features a management fee (MER) of 0.45%, compared to 0.53% for RPF. Performance-wise, CPD has returned 6.91% year-to-date with +$39 M in net flows, whereas RPF is at 9.94% with -$18 M. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.

NAV Performance and Flows

-0.50.00.51.0%Aug 4Aug 11Aug 18Aug 25Sep 1

Key Data

Historical performance and flows

As of September 2, 2026
1M3MYTD1Y3Y
Perf.
CPD
+0.55%+2.81%+6.91%+11.66%+64.91%
RPF
+0.93%+3.23%+9.94%+16.44%+80.74%
Flows
CPD
+$7 M+$53 M+$39 M+$17 M-$142 M
RPF
+$1 M-$14 M-$18 M-$4 M-$115 M

CPD vs RPF exposure

Countries

CPD
Canada
96.29%
RPF
Canada
96.74%

Sectors

CPD
Finance
53.87%
Energy
21.84%
Utilities
13.76%
Other
10.53%
RPF
Finance
45.09%
Energy
23.72%
Utilities
19.39%
Telecommunications
9.26%
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%
RPF
BCE, Inc.
3.04%
Brookfield Office Properties, Inc.
2.84%
Brookfield Office Properties, Inc.
2.57%
TransAlta Corp.
2.34%
Enbridge, Inc.
2.02%
Brookfield Corp.
1.94%
Brookfield Office Properties, Inc.
1.87%
TC Energy Corp.
1.78%
TC Energy Corp.
1.77%
TransAlta Corp.
1.67%

Diversification

CPD
Total weight of top 10 holdings out of 149 total
13.21%
RPF
Total weight of top 10 holdings out of 119 total
21.84%

Characteristics

Compare
CPD
RPF
ProvideriSharesRBC Global Asset Management
ManagementPassively managedActively managed
BenchmarkS&P/TSX Preferred Share Total Return Index - CAD-
Replication MethodDirect (Physical)
Asset ClassEquityEquity
Dividend PolicyDistributingDistributing
Trailing 12m distribution yield5.01%4.84%
Meets ESG criteriaNoNo
Inception DateApril 10, 2007September 20, 2016

Frequently asked questions about CPD and RPF

Which ETF has performed better year to date: CPD or RPF?
As of September 2, 2026, CPD has returned 6.91% year to date, while RPF has returned 9.94%. RPF is ahead on YTD performance.
Which ETF is larger by assets under management: CPD or RPF?
As of September 2, 2026, CPD manages $1.14 B in assets, while RPF manages $656.12 M. CPD is the larger fund by AUM.
How are CPD and RPF managed?
CPD is passively managed by iShares. It tracks the S&P/TSX Preferred Share Total Return Index - CAD benchmark. RPF is actively managed by RBC Global Asset Management. It does not track an index.
What sectors do CPD and RPF emphasize?
CPD is most exposed to Finance, Energy, and Utilities. RPF is most exposed to Finance, Energy, and Utilities.
Which ETF is attracting more investor flows: CPD or RPF?
Year to date, CPD has seen +$38.77 M in net flows, compared with -$17.62 M for RPF. CPD has attracted more net investor money so far.
How do the fees of CPD and RPF compare?
CPD has an expense ratio of 0.49%, while RPF has an expense ratio of 0.58%.
What are the top holdings of CPD and RPF?
CPD's largest holdings include Enbridge, Inc., Brookfield Corp., and Manulife Financial Corp.. RPF's top holdings include Enbridge, Inc., Brookfield Office Properties, Inc., and Brookfield Corp..
Which ETF is more diversified: CPD or RPF?
CPD holds 30 securities, while RPF holds 35. On holdings count, RPF is the more diversified portfolio.

Recent articles about CPD and RPF

CboeTrackinsight
The ETF Market Canada is brought to you by Cboe in partnership with Trackinsight SA who is providing all the data, analysis and editorial content on this site. Unless explicitly stated as such, any information that you receive is not real-time.

All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.
diamonds