VS
When evaluating costs, NPRF features a management fee (MER) of 0.5%, compared to 0.45% for CPD. Performance-wise, NPRF has returned 1.56% year-to-date with +$7 M in net flows, whereas CPD is at 5.54% with +$36 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
NPRF
CPD
| AuM | $166.68 M | $1,113.58 M |
| Management Fees | 0.50% | 0.45% |
| Exp. ratio | 0.49% | 0.50% |
| Tracking Difference | - | -0.57% |
Historical performance and flows
As of October 16, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | NPRF | -0.41% | -1.17% | +1.56% | +3.54% | +43.89% |
CPD | +0.16% | +0.06% | +5.54% | +9.16% | +62.97% | |
| Flows | NPRF | +$1 M | +$2 M | +$7 M | +$7 M | -$8 M |
CPD | -$4 M | +$42 M | +$36 M | +$39 M | -$139 M |
NPRF vs CPD exposure
Countries
NPRF
Exposure data will be available soon
CPD
Canada
97.06%
Sectors
NPRF
Exposure data will be available soon
CPD
Finance
54.73%
Energy
21.78%
Utilities
14.30%
Other
9.18%
As of October 16, 2026
Top 10 Holdings
NPRF
Exposure data will be available soon
CPD
TC Energy Corp.
1.73%
Fortis, Inc.
1.72%
The Toronto-Dominion Bank
1.48%
Canadian Imperial Bank of Commerce
1.33%
Bank of Montreal
1.24%
National Bank of Canada
1.20%
TC Energy Corp.
1.20%
BCE, Inc.
1.19%
TC Energy Corp.
1.17%
Pembina Pipeline Corp.
1.10%
Diversification
NPRF
Exposure data will be available soon
CPD
Total weight of top 10 holdings out of 149 total
13.35%
Characteristics
Compare
NPRF
CPD
| Provider | National Bank Investments | 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 | 0.00% | 5.13% |
| Meets ESG criteria | No | No |
| Inception Date | February 8, 2019 | April 10, 2007 |
Frequently asked questions about NPRF and CPD
Which ETF has performed better year to date: NPRF or CPD?
As of October 16, 2026, NPRF has returned 1.56% year to date, while CPD has returned 5.54%. CPD is ahead on YTD performance.
Which ETF is larger by assets under management: NPRF or CPD?
As of October 16, 2026, NPRF manages $166.68 M in assets, while CPD manages $1.11 B. CPD is the larger fund by AUM.
How are NPRF and CPD managed?
NPRF is actively managed by National Bank Investments. 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.
Which ETF is attracting more investor flows: NPRF or CPD?
Year to date, NPRF has seen +$6.70 M in net flows, compared with +$36.07 M for CPD. CPD has attracted more net investor money so far.
How do the fees of NPRF and CPD compare?
NPRF has an expense ratio of 0.49%, while CPD has an expense ratio of 0.50%.
Recent articles about NPRF and CPD
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