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Global X Active Preferred Share ETF (HPR) and BMO Laddered Preferred Share Index ETF (ZPR.U) offer distinct profiles for Canadian ETF investors. A direct comparison shows that HPR focuses its top 3 sector exposures on Finance, Energy, and Utilities, while ZPR.U leans towards Finance, Energy, and Utilities. When evaluating costs, HPR features a management fee (MER) of 0.62%, compared to 0.45% for ZPR.U. Performance-wise, HPR has returned 6.39% year-to-date with -$21 M in net flows, whereas ZPR.U is at 6.02% 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
HPR
ZPR.U
| AuM | $934.44 M | $30.31 M |
| Management Fees | 0.62% | 0.45% |
| Exp. ratio | 0.65% | 0.51% |
| Tracking Difference | - | - |
Historical performance and flows
As of October 20, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | HPR | -0.11% | -0.57% | +6.39% | +10.46% | +70.22% |
ZPR.U | -0.33% | +0.01% | +6.02% | +13.28% | +75.07% | |
| Flows | HPR | -$0 M | +$3 M | -$21 M | -$25 M | -$383 M |
ZPR.U | +$0 M | +$1 M | +$1 M | +$1 M | +$2 M |
HPR vs ZPR.U exposure
Countries
HPR
Canada
95.77%
ZPR.U
Canada
96.79%
Sectors
HPR
Finance
50.66%
Energy
22.92%
Utilities
12.12%
Telecommunications
10.65%
ZPR.U
Finance
48.51%
Energy
24.61%
Utilities
15.78%
Telecommunications
9.63%
As of October 20, 2026
Top 10 Holdings
HPR
Enbridge, Inc.
3.02%
Brookfield Renewable Power Preferred Equity, Inc.
2.26%
Enbridge, Inc.
2.25%
Great-West Lifeco, Inc.
2.20%
BCE, Inc.
2.20%
TC Energy Corp.
1.97%
BCE, Inc.
1.95%
Enbridge, Inc.
1.84%
Fortis, Inc.
1.81%
Brookfield Corp.
1.80%
ZPR.U
BCE, Inc.
2.41%
Enbridge, Inc.
1.86%
TC Energy Corp.
1.69%
National Bank of Canada
1.60%
Brookfield Corp.
1.58%
Brookfield Office Properties, Inc.
1.52%
Brookfield Corp.
1.51%
Power Financial Corp.
1.49%
Brookfield Corp.
1.47%
Brookfield Office Properties, Inc.
1.45%
Diversification
HPR
Total weight of top 10 holdings out of 168 total
21.30%
ZPR.U
Total weight of top 10 holdings out of 110 total
16.58%
Characteristics
Compare
HPR
ZPR.U
| Provider | Global X | BMO |
| 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 | Distributing |
| Trailing 12m distribution yield | 4.91% | 5.39% |
| Meets ESG criteria | No | No |
| Inception Date | November 22, 2010 | January 17, 2022 |
Frequently asked questions about HPR and ZPR.U
Which ETF has performed better year to date: HPR or ZPR.U?
As of October 20, 2026, HPR has returned 6.39% year to date, while ZPR.U has returned 6.02%. HPR is ahead on YTD performance.
Which ETF is larger by assets under management: HPR or ZPR.U?
As of October 20, 2026, HPR manages $934.44 M in assets, while ZPR.U manages $30.31 M. HPR is the larger fund by AUM.
How are HPR and ZPR.U managed?
HPR is actively managed by Global X. It does not track an index. ZPR.U is passively managed by BMO. It tracks the Solactive Laddered Canadian Preferred Share Total Return Index - CAD benchmark.
What sectors do HPR and ZPR.U emphasize?
HPR is most exposed to Finance, Energy, and Utilities. ZPR.U is most exposed to Finance, Energy, and Utilities.
Which ETF is attracting more investor flows: HPR or ZPR.U?
Year to date, HPR has seen -$21.41 M in net flows, compared with +$1.43 M for ZPR.U. ZPR.U has attracted more net investor money so far.
How do the fees of HPR and ZPR.U compare?
HPR has an expense ratio of 0.65%, while ZPR.U has an expense ratio of 0.51%.
What are the top holdings of HPR and ZPR.U?
HPR's largest holdings include Enbridge, Inc., BCE, Inc., and Brookfield Corp.. ZPR.U's top holdings include Enbridge, Inc., Brookfield Corp., and BCE, Inc..
Which ETF is more diversified: HPR or ZPR.U?
HPR holds 62 securities, while ZPR.U holds 30. On holdings count, HPR is the more diversified portfolio.
Recent articles about HPR and ZPR.U
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