VS
BMO Laddered Preferred Share Index ETF (ZPR) and Global X Laddered Canadian Preferred Share Index Corporate Class ETF (HLPR) offer distinct profiles for Canadian ETF investors. A direct comparison shows that ZPR focuses its top 3 sector exposures on Finance, Energy, and Utilities, while HLPR leans towards Finance, Energy, and Utilities. When evaluating costs, ZPR features a management fee (MER) of 0.45%, compared to 0.33% for HLPR. Performance-wise, ZPR has returned 8.13% year-to-date with +$55 M in net flows, whereas HLPR is at 8.09% 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
ZPR
HLPR
| AuM | $1,622.29 M | $119.67 M |
| Management Fees | 0.45% | 0.33% |
| Exp. ratio | 0.50% | 0.33% |
| Tracking Difference | -0.54% | -0.60% |
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% |
HLPR | -0.14% | -0.57% | +8.09% | +12.00% | +86.83% | |
| Flows | ZPR | -$55 M | +$32 M | +$55 M | +$97 M | -$384 M |
HLPR | +$0 M | +$0 M | -$1 M | -$3 M | -$14 M |
ZPR vs HLPR exposure
Countries
ZPR
Canada
96.30%
HLPR
Canada
96.30%
Sectors
ZPR
Finance
47.66%
Energy
24.68%
Utilities
15.76%
Telecommunications
9.96%
HLPR
Finance
47.66%
Energy
24.68%
Utilities
15.76%
Telecommunications
9.96%
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%
HLPR
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%
Diversification
ZPR
Total weight of top 10 holdings out of 108 total
16.36%
HLPR
Total weight of top 10 holdings out of 108 total
16.36%
Characteristics
Compare
ZPR
HLPR
| Provider | BMO | Global X |
| Management | Passively managed | Passively managed |
| Benchmark | Solactive Laddered Canadian Preferred Share Total Return Index - CAD | Solactive Laddered Canadian Preferred Share Total Return Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Capitalization |
| Trailing 12m distribution yield | 5.31% | 0.00% |
| Meets ESG criteria | No | No |
| Inception Date | November 14, 2012 | February 27, 2019 |
Frequently asked questions about ZPR and HLPR
Which ETF has performed better year to date: ZPR or HLPR?
As of October 30, 2026, ZPR has returned 8.13% year to date, while HLPR has returned 8.09%. ZPR is ahead on YTD performance.
Which ETF is larger by assets under management: ZPR or HLPR?
As of October 30, 2026, ZPR manages $1.62 B in assets, while HLPR manages $119.67 M. ZPR is the larger fund by AUM.
How are ZPR and HLPR managed?
ZPR is passively managed by BMO. It tracks the Solactive Laddered Canadian Preferred Share Total Return Index - CAD benchmark. HLPR is passively managed by Global X. It tracks the Solactive Laddered Canadian Preferred Share Total Return Index - CAD benchmark.
What sectors do ZPR and HLPR emphasize?
ZPR is most exposed to Finance, Energy, and Utilities. HLPR is most exposed to Finance, Energy, and Utilities.
Which ETF is attracting more investor flows: ZPR or HLPR?
Year to date, ZPR has seen +$54.78 M in net flows, compared with -$1.30 M for HLPR. ZPR has attracted more net investor money so far.
How do the fees of ZPR and HLPR compare?
ZPR has an expense ratio of 0.50%, while HLPR has an expense ratio of 0.33%.
What are the top holdings of ZPR and HLPR?
ZPR's largest holdings include Enbridge, Inc., Brookfield Corp., and BCE, Inc.. HLPR's top holdings include Enbridge, Inc., Brookfield Corp., and BCE, Inc..
Which ETF is more diversified: ZPR or HLPR?
ZPR holds 30 securities, while HLPR holds 30. On holdings count, ZPR is the more diversified portfolio.
Recent articles about ZPR and HLPR
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