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Compare BMO Laddered Preferred Share Index ETF (ZPR) vs iShares S&P/TSX Canadian Preferred Share Index ETF (CPD) to find the best fit for your portfolio. ZPR and CPD provide the same top sector exposures: Finance, Energy, and Utilities. When evaluating costs, ZPR features a management fee (MER) of 0.45%, compared to 0.45% for CPD. Performance-wise, ZPR has returned 8.13% year-to-date with +$55 M in net flows, whereas CPD is at 4.61% 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
ZPR
CPD
| AuM | $1,622.29 M | $1,099.26 M |
| Management Fees | 0.45% | 0.45% |
| Exp. ratio | 0.50% | 0.50% |
| Tracking Difference | -0.44% | -0.36% |
Historical performance and flows
As of October 30, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZPR | -0.14% | -0.55% | +8.13% | +12.06% | +82.47% |
CPD | +0.57% | -1.70% | +4.61% | +6.90% | +67.47% | |
| Flows | ZPR | -$55 M | +$32 M | +$55 M | +$97 M | -$384 M |
CPD | -$8 M | +$3 M | +$36 M | +$21 M | -$127 M |
ZPR vs CPD exposure
Countries
ZPR
Canada
96.30%
CPD
Canada
96.99%
Sectors
ZPR
Finance
47.66%
Energy
24.68%
Utilities
15.76%
Telecommunications
9.96%
CPD
Finance
54.01%
Energy
22.12%
Utilities
14.51%
Other
9.36%
As of October 30, 2026
Top 10 Holdings
ZPR
BCE, Inc.
2.29%
Enbridge, Inc.
1.87%
Brookfield Corp.
1.73%
National Bank of Canada
1.62%
TC Energy Corp.
1.59%
Brookfield Corp.
1.47%
The Toronto-Dominion Bank
1.46%
Fortis, Inc.
1.46%
Power Financial Corp.
1.46%
Brookfield Office Properties, Inc.
1.41%
CPD
TC Energy Corp.
1.78%
Fortis, Inc.
1.77%
The Toronto-Dominion Bank
1.52%
Canadian Imperial Bank of Commerce
1.36%
Bank of Montreal
1.25%
BCE, Inc.
1.24%
National Bank of Canada
1.23%
TC Energy Corp.
1.21%
TC Energy Corp.
1.20%
Pembina Pipeline Corp.
1.12%
Diversification
ZPR
Total weight of top 10 holdings out of 108 total
16.36%
CPD
Total weight of top 10 holdings out of 148 total
13.68%
Characteristics
Compare
ZPR
CPD
| Provider | BMO | iShares |
| Management | Passively managed | Passively managed |
| Benchmark | Solactive Laddered Canadian Preferred Share Total Return Index - CAD | S&P/TSX Preferred Share Total Return Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 5.31% | 5.19% |
| Meets ESG criteria | No | No |
| Inception Date | November 14, 2012 | April 10, 2007 |
Frequently asked questions about ZPR and CPD
Which ETF has performed better year to date: ZPR or CPD?
As of October 30, 2026, ZPR has returned 8.13% year to date, while CPD has returned 4.61%. ZPR is ahead on YTD performance.
Which ETF is larger by assets under management: ZPR or CPD?
As of October 30, 2026, ZPR manages $1.62 B in assets, while CPD manages $1.10 B. ZPR is the larger fund by AUM.
How are ZPR and CPD managed?
ZPR is passively managed by BMO. It tracks the Solactive Laddered Canadian Preferred Share Total Return Index - CAD benchmark. CPD is passively managed by iShares. It tracks the S&P/TSX Preferred Share Total Return Index - CAD benchmark.
What sectors do ZPR and CPD emphasize?
ZPR is most exposed to Finance, Energy, and Utilities. CPD is most exposed to Finance, Energy, and Utilities.
Which ETF is attracting more investor flows: ZPR or CPD?
Year to date, ZPR has seen +$54.78 M in net flows, compared with +$36.04 M for CPD. ZPR has attracted more net investor money so far.
How do the fees of ZPR and CPD compare?
ZPR has an expense ratio of 0.50%, while CPD has an expense ratio of 0.50%.
What are the top holdings of ZPR and CPD?
ZPR's largest holdings include Enbridge, Inc., Brookfield Corp., and BCE, Inc.. CPD's top holdings include Enbridge, Inc., Brookfield Corp., and Great-West Lifeco, Inc..
Which ETF is more diversified: ZPR or CPD?
ZPR holds 30 securities, while CPD holds 29. On holdings count, ZPR is the more diversified portfolio.
Recent articles about ZPR and CPD
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