VS
When evaluating costs, NPRF features a management fee (MER) of 0.5%, compared to 0.45% for XPF. Performance-wise, NPRF has returned 1.48% year-to-date with +$7 M in net flows, whereas XPF is at 0.54% with +$5 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
XPF
| AuM | $166.54 M | $236.05 M |
| Management Fees | 0.50% | 0.45% |
| Exp. ratio | 0.49% | 0.50% |
| Tracking Difference | - | -0.43% |
Historical performance and flows
As of October 16, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | NPRF | -0.58% | -1.81% | +1.48% | +3.33% | +45.48% |
XPF | -1.41% | -1.23% | +0.54% | +2.25% | +36.46% | |
| Flows | NPRF | +$1 M | +$2 M | +$7 M | +$7 M | -$8 M |
XPF | +$1 M | +$3 M | +$5 M | +$8 M | +$43 M |
NPRF vs XPF exposure
Countries
NPRF
Exposure data will be available soon
XPF
Canada
49.75%
USA
48.11%
Sectors
NPRF
Exposure data will be available soon
XPF
Finance
61.22%
Energy
11.16%
Technology
9.73%
Utilities
8.02%
Other
9.87%
As of October 16, 2026
Top 10 Holdings
NPRF
Exposure data will be available soon
XPF
Strategy, Inc.
3.22%
Alphabet, Inc.
2.41%
Alphabet, Inc.
2.39%
The Boeing Co.
2.36%
Super Micro Computer, Inc.
1.49%
Oracle Corp.
1.47%
Hewlett Packard Enterprise Co.
1.27%
Fortis, Inc.
0.89%
TC Energy Corp.
0.88%
Albemarle Corp.
0.80%
Diversification
NPRF
Exposure data will be available soon
XPF
Total weight of top 10 holdings out of 388 total
17.18%
Characteristics
Compare
NPRF
XPF
| Provider | National Bank Investments | iShares |
| Management | Actively managed | Passively managed |
| Benchmark | - | S&P/TSX North American Preferred Stock (CAD Hedged) Net Total Return Index - CAD |
| Replication Method | - | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 0.00% | 5.34% |
| Meets ESG criteria | No | No |
| Inception Date | February 8, 2019 | November 16, 2010 |
Frequently asked questions about NPRF and XPF
Which ETF has performed better year to date: NPRF or XPF?
As of October 16, 2026, NPRF has returned 1.48% year to date, while XPF has returned 0.54%. NPRF is ahead on YTD performance.
Which ETF is larger by assets under management: NPRF or XPF?
As of October 16, 2026, NPRF manages $166.54 M in assets, while XPF manages $236.05 M. XPF is the larger fund by AUM.
How are NPRF and XPF managed?
NPRF is actively managed by National Bank Investments. It does not track an index. XPF is passively managed by iShares. It tracks the S&P/TSX North American Preferred Stock (CAD Hedged) Net Total Return Index - CAD benchmark.
Which ETF is attracting more investor flows: NPRF or XPF?
Year to date, NPRF has seen +$6.70 M in net flows, compared with +$5.47 M for XPF. NPRF has attracted more net investor money so far.
How do the fees of NPRF and XPF compare?
NPRF has an expense ratio of 0.49%, while XPF has an expense ratio of 0.50%.
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