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Compare Evolve Active Canadian Preferred Share Fund ETF (DIVS) vs iShares S&P/TSX Canadian Preferred Share Index ETF (CPD) to find the best fit for your portfolio. DIVS and CPD provide the same top sector exposures: Finance, Energy, and Utilities. When evaluating costs, DIVS features a management fee (MER) of 0.65%, compared to 0.45% for CPD. Performance-wise, DIVS has returned 6.93% year-to-date with -$6 M in net flows, whereas CPD is at 6.91% with +$39 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
DIVS
CPD
| AuM | $27.00 M | $1,135.70 M |
| Management Fees | 0.65% | 0.45% |
| Exp. ratio | 0.89% | 0.49% |
| Tracking Difference | - | -0.60% |
Historical performance and flows
As of September 2, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | DIVS | +0.32% | +2.69% | +6.93% | +13.03% | +47.70% |
CPD | +0.55% | +2.81% | +6.91% | +11.66% | +64.91% | |
| Flows | DIVS | -$1 M | -$2 M | -$6 M | -$12 M | -$45 M |
CPD | +$7 M | +$53 M | +$39 M | +$17 M | -$142 M |
DIVS vs CPD exposure
Countries
DIVS
Canada
94.16%
CPD
Canada
96.29%
Sectors
DIVS
Finance
42.98%
Energy
31.11%
Utilities
14.32%
Telecommunications
7.66%
CPD
Finance
53.87%
Energy
21.84%
Utilities
13.76%
Other
10.53%
As of September 2, 2026
Top 10 Holdings
DIVS
Brookfield Corp.
5.48%
Enbridge, Inc.
5.28%
Fortis, Inc.
4.04%
Enbridge, Inc.
3.36%
Pembina Pipeline Corp.
3.21%
TC Energy Corp.
3.20%
Power Corp of Canada
3.06%
Coast Capital Savings Credit Union, 8.875% 2may2033, CAD
2.80%
BCE, Inc.
2.64%
Manulife Financial Corp.
2.62%
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%
Diversification
DIVS
Total weight of top 10 holdings out of 75 total
35.70%
CPD
Total weight of top 10 holdings out of 149 total
13.21%
Characteristics
Compare
DIVS
CPD
| Provider | Evolve ETFs | iShares |
| Management | Actively managed | Passively 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 | 6.37% | 5.01% |
| Meets ESG criteria | No | No |
| Inception Date | September 29, 2017 | April 10, 2007 |
Frequently asked questions about DIVS and CPD
Which ETF has performed better year to date: DIVS or CPD?
As of September 2, 2026, DIVS has returned 6.93% year to date, while CPD has returned 6.91%. DIVS is ahead on YTD performance.
Which ETF is larger by assets under management: DIVS or CPD?
As of September 2, 2026, DIVS manages $27.00 M in assets, while CPD manages $1.14 B. CPD is the larger fund by AUM.
How are DIVS and CPD managed?
DIVS is actively managed by Evolve ETFs. It does not track an index. CPD is passively managed by iShares. It tracks the S&P/TSX Preferred Share Total Return Index - CAD benchmark.
What sectors do DIVS and CPD emphasize?
DIVS is most exposed to Finance, Energy, and Utilities. CPD is most exposed to Finance, Energy, and Utilities.
Which ETF is attracting more investor flows: DIVS or CPD?
Year to date, DIVS has seen -$6.25 M in net flows, compared with +$38.77 M for CPD. CPD has attracted more net investor money so far.
How do the fees of DIVS and CPD compare?
DIVS has an expense ratio of 0.89%, while CPD has an expense ratio of 0.49%.
What are the top holdings of DIVS and CPD?
DIVS's largest holdings include Enbridge, Inc., Brookfield Corp., and TC Energy Corp.. CPD's top holdings include Enbridge, Inc., Brookfield Corp., and Manulife Financial Corp..
Which ETF is more diversified: DIVS or CPD?
DIVS holds 23 securities, while CPD holds 30. On holdings count, CPD is the more diversified portfolio.
Recent articles about DIVS and CPD
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