Question 1

What is CPD?

Accepted Answer

CPD (iShares S&P/TSX Canadian Preferred Share Index ETF Common Class) is a Canadian-listed ETF trading on the TSX in the Preferred Share Fixed Income category. It tracks the S&P/TSX Preferred Share TR.

Question 2

What is the CPD ETF price today?

Accepted Answer

CPD last traded at $14.30 CAD on the TSX. See the price chart above for recent performance.

Question 3

What is the CPD MER (management expense ratio)?

Accepted Answer

CPD has a management expense ratio (MER) of 0% per year. This fee is automatically deducted from the fund's assets, so you never pay it directly — but it does reduce your net returns over time. At 0%, CPD is considered a low-cost ETF.

Question 4

What are CPD annualised returns?

Accepted Answer

CPD historical returns: YTD: +3.40%, 1-year: +12.12%, 3-year annualised: +16.62%, 5-year annualised: +6.22%, 10-year annualised: +6.36%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 1.40, which measures risk-adjusted return.

Question 5

Does CPD pay dividends or distributions?

Accepted Answer

Yes, CPD distributes income to unitholders. The current distribution yield is approximately 5.05%, paid monthly. Distributions may include dividends, interest, capital gains, or return of capital depending on the fund's holdings. In a TFSA or RRSP, distributions are sheltered from tax.

Question 6

What does CPD invest in?

Accepted Answer

CPD's top holdings include Fortis Inc Cum Red 1st Pref Shs Series -M- (FTS, 1.7%), Canadian Imperial Bank of Commerce FXDFR PRF PERPETUAL CAD 25 - Ser 47 Cls (CM, 1.3%), BCE Inc Cum Red 1st Pfd Registered Shs Series -AK- (BCE, 1.2%). See the full Top 10 Holdings table above for a complete breakdown. The fund tracks the S&P/TSX Preferred Share TR.

Question 7

What sectors does CPD invest in?

Accepted Answer

CPD's largest sector exposures are Basic Materials (0.0%), Consumer Cyclicals (0.0%), Financial Services (0.0%). The full sector breakdown is shown in the Sector Weights table on this page.

Question 8

How large is CPD? (Assets under management)

Accepted Answer

CPD has approximately $1.13B in assets under management (AUM). Larger AUM generally means better liquidity, tighter bid-ask spreads, and a lower risk of the fund being wound down.

Question 9

When was CPD launched?

Accepted Answer

CPD was launched on April 10, 2007, giving it a 19-year track record. A longer history makes it easier to evaluate how the ETF performs across different market cycles.

Question 10

How do I buy CPD in Canada?

Accepted Answer

CPD trades on the TSX under the ticker CPD. You can buy it through any Canadian brokerage, including Wealthsimple Trade (commission-free), Questrade, TD Direct Investing, RBC Direct, and CIBC Investor's Edge. It can be held in a TFSA, RRSP, FHSA, or taxable account.

Question 11

How risky is CPD?

Accepted Answer

CPD has a 1-year volatility of 4.19% and a beta of 0.99 (roughly in line with the broad market). Its 3-year Sharpe ratio of 1.40 indicates solid risk-adjusted returns. As with all market-linked investments, past volatility does not predict future risk.

Date	Open	High	Low	Close	Adj Close	Volume
2026-07-31	$14.32	$14.33	$14.29	$14.30	$14.30	17,267
2026-07-30	$14.30	$14.31	$14.29	$14.30	$14.30	50,187
2026-07-29	$14.30	$14.30	$14.27	$14.28	$14.28	18,444
2026-07-28	$14.30	$14.31	$14.28	$14.30	$14.30	143,700
2026-07-27	$14.37	$14.40	$14.36	$14.38	$14.32	50,600
2026-07-24	$14.36	$14.37	$14.35	$14.35	$14.35	19,400
2026-07-23	$14.21	$14.39	$14.21	$14.35	$14.35	36,248
2026-07-22	$14.30	$14.36	$14.30	$14.36	$14.36	51,434
2026-07-21	$14.39	$14.39	$14.30	$14.32	$14.32	45,507
2026-07-20	$14.32	$14.35	$14.31	$14.31	$14.31	27,516

Sector	Weight
Basic Materials	0.00%
Consumer Cyclicals	0.00%
Financial Services	0.00%
Real Estate	0.00%
Communication Services	0.00%
Energy	0.00%
Industrials	0.00%
Technology	0.00%
Consumer Defensive	0.00%
Healthcare	0.00%
Utilities	0.00%

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iShares S&P/TSX Canadian Preferred Share Index ETF Common Class (CPD : TSX)

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Price Chart (30 Days)

Key Statistics

Recent Price History

Annualised Returns

Top 10 Holdings

Sector Weights

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