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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
Key Data
Compare
CPD
RPF
| AuM | $1,135.70 M | $656.12 M |
| Management Fees | 0.45% | 0.53% |
| Exp. ratio | 0.49% | 0.58% |
| Tracking Difference | -0.60% | - |
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% |
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
| Provider | iShares | RBC Global Asset Management |
| 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 | 5.01% | 4.84% |
| Meets ESG criteria | No | No |
| Inception Date | April 10, 2007 | September 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
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