VS
TD Active Preferred Share ETF (TPRF) and Global X Laddered Canadian Preferred Share Index Corporate Class ETF (HLPR) offer distinct profiles for Canadian ETF investors. A direct comparison shows that TPRF focuses its top 3 sector exposures on Finance, Energy, and Utilities, while HLPR leans towards Finance, Energy, and Utilities. When evaluating costs, TPRF features a management fee (MER) of 0.51%, compared to 0.33% for HLPR. Performance-wise, TPRF has returned 8.93% year-to-date with +$96 M in net flows, whereas HLPR is at 9.67% 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
TPRF
HLPR
| AuM | $506.30 M | $121.33 M |
| Management Fees | 0.51% | 0.33% |
| Exp. ratio | 0.50% | 0.33% |
| Tracking Difference | - | -0.61% |
Historical performance and flows
As of September 3, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | TPRF | +0.76% | +3.58% | +8.93% | +14.19% | +76.88% |
HLPR | +0.89% | +3.17% | +9.67% | +16.04% | +79.61% | |
| Flows | TPRF | +$28 M | +$49 M | +$96 M | +$111 M | +$151 M |
HLPR | +$0 M | -$2 M | -$1 M | -$3 M | -$16 M |
TPRF vs HLPR exposure
Countries
TPRF
Canada
95.98%
HLPR
Canada
97.80%
Sectors
TPRF
Finance
45.94%
Energy
25.66%
Utilities
15.13%
Telecommunications
8.77%
HLPR
Finance
48.04%
Energy
24.83%
Utilities
15.72%
Telecommunications
9.81%
As of September 3, 2026
Top 10 Holdings
TPRF
Fortis, Inc.
2.76%
Manulife Financial Corp.
2.76%
TC Energy Corp.
2.63%
TC Energy Corp.
2.43%
Brookfield Renewable Power Preferred Equity, Inc.
2.26%
Pembina Pipeline Corp.
2.24%
BCE, Inc.
2.13%
BCE, Inc.
2.09%
Brookfield Office Properties, Inc.
2.09%
Enbridge, Inc.
2.04%
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
TPRF
Total weight of top 10 holdings out of 126 total
23.45%
HLPR
Total weight of top 10 holdings out of 112 total
16.68%
Characteristics
Compare
TPRF
HLPR
| Provider | TD Asset Management | 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 | 4.00% | 0.00% |
| Meets ESG criteria | No | No |
| Inception Date | November 14, 2018 | February 27, 2019 |
Frequently asked questions about TPRF and HLPR
Which ETF has performed better year to date: TPRF or HLPR?
As of September 3, 2026, TPRF has returned 8.93% year to date, while HLPR has returned 9.67%. HLPR is ahead on YTD performance.
Which ETF is larger by assets under management: TPRF or HLPR?
As of September 3, 2026, TPRF manages $506.30 M in assets, while HLPR manages $121.33 M. TPRF is the larger fund by AUM.
How are TPRF and HLPR managed?
TPRF is actively managed by TD Asset Management. 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 TPRF and HLPR emphasize?
TPRF is most exposed to Finance, Energy, and Utilities. HLPR is most exposed to Finance, Energy, and Utilities.
Which ETF is attracting more investor flows: TPRF or HLPR?
Year to date, TPRF has seen +$96.00 M in net flows, compared with -$1.40 M for HLPR. TPRF has attracted more net investor money so far.
How do the fees of TPRF and HLPR compare?
TPRF has an expense ratio of 0.50%, while HLPR has an expense ratio of 0.33%.
What are the top holdings of TPRF and HLPR?
TPRF's largest holdings include Enbridge, Inc., BCE, Inc., and TC Energy Corp.. HLPR's top holdings include Enbridge, Inc., Brookfield Corp., and BCE, Inc..
Which ETF is more diversified: TPRF or HLPR?
TPRF holds 35 securities, while HLPR holds 31. On holdings count, TPRF is the more diversified portfolio.
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