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Evolve Active Canadian Preferred Share Fund ETF (DIVS) and Global X Laddered Canadian Preferred Share Index Corporate Class ETF (HLPR) offer distinct profiles for Canadian ETF investors. A direct comparison shows that DIVS focuses its top 3 sector exposures on Finance, Energy, and Utilities, while HLPR leans towards Finance, Energy, and Utilities. When evaluating costs, DIVS features a management fee (MER) of 0.65%, compared to 0.33% for HLPR. Performance-wise, DIVS has returned 6.93% year-to-date with -$6 M in net flows, whereas HLPR is at 9.72% 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
DIVS
HLPR
| AuM | $27.00 M | $121.38 M |
| Management Fees | 0.65% | 0.33% |
| Exp. ratio | 0.89% | 0.33% |
| Tracking Difference | - | -0.61% |
Historical performance and flows
As of September 3, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | DIVS | +0.32% | +2.69% | +6.93% | +13.03% | +47.70% |
HLPR | +0.93% | +3.26% | +9.72% | +16.11% | +79.68% | |
| Flows | DIVS | -$1 M | -$2 M | -$6 M | -$12 M | -$45 M |
HLPR | +$0 M | -$2 M | -$1 M | -$3 M | -$16 M |
DIVS vs HLPR exposure
Countries
DIVS
Canada
94.65%
HLPR
Canada
97.80%
Sectors
DIVS
Finance
43.47%
Energy
31.11%
Utilities
16.51%
Telecommunications
7.66%
HLPR
Finance
48.04%
Energy
24.83%
Utilities
16.20%
Telecommunications
9.81%
As of September 3, 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%
HLPR
BCE, Inc.
2.55%
Enbridge, Inc.
1.89%
TC Energy Corp.
1.77%
National Bank of Canada
1.58%
Brookfield Corp.
1.56%
Brookfield Corp.
1.49%
Power Financial Corp.
1.48%
Intact Financial Corp.
1.47%
Brookfield Office Properties, Inc.
1.46%
Fortis, Inc.
1.45%
Diversification
DIVS
Total weight of top 10 holdings out of 75 total
35.70%
HLPR
Total weight of top 10 holdings out of 112 total
16.68%
Characteristics
Compare
DIVS
HLPR
| Provider | Evolve ETFs | Global X |
| Management | Actively managed | Passively managed |
| Benchmark | - | Solactive Laddered Canadian Preferred Share Total Return Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Capitalization |
| Trailing 12m distribution yield | 6.37% | 0.00% |
| Meets ESG criteria | No | No |
| Inception Date | September 29, 2017 | February 27, 2019 |
Frequently asked questions about DIVS and HLPR
Which ETF has performed better year to date: DIVS or HLPR?
As of September 3, 2026, DIVS has returned 6.93% year to date, while HLPR has returned 9.72%. HLPR is ahead on YTD performance.
Which ETF is larger by assets under management: DIVS or HLPR?
As of September 3, 2026, DIVS manages $27.00 M in assets, while HLPR manages $121.38 M. HLPR is the larger fund by AUM.
How are DIVS and HLPR managed?
DIVS is actively managed by Evolve ETFs. It does not track an index. HLPR is passively managed by Global X. It tracks the Solactive Laddered Canadian Preferred Share Total Return Index - CAD benchmark.
What sectors do DIVS and HLPR emphasize?
DIVS is most exposed to Finance, Energy, and Utilities. HLPR is most exposed to Finance, Energy, and Utilities.
Which ETF is attracting more investor flows: DIVS or HLPR?
Year to date, DIVS has seen -$6.25 M in net flows, compared with -$1.40 M for HLPR. HLPR has attracted more net investor money so far.
How do the fees of DIVS and HLPR compare?
DIVS has an expense ratio of 0.89%, while HLPR has an expense ratio of 0.33%.
What are the top holdings of DIVS and HLPR?
DIVS's largest holdings include Enbridge, Inc., Brookfield Corp., and TC Energy Corp.. HLPR's top holdings include Enbridge, Inc., Brookfield Corp., and BCE, Inc..
Which ETF is more diversified: DIVS or HLPR?
DIVS holds 22 securities, while HLPR holds 30. On holdings count, HLPR is the more diversified portfolio.
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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.

