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. It tracks the S&P/TSX Preferred Share TR.

Question 2

What is the CPD ETF price today?

Accepted Answer

CPD last traded at $13.93 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: +0.72%, 1-year: +8.76%, 3-year annualised: +17.28%, 5-year annualised: +5.28%, 10-year annualised: +6.10%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 1.56, 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 5.21%, 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, 1.8%), 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, 1.3%). 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 Energy (0.0%), Utilities (0.0%), Healthcare (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 $1.11B 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 5.21% and a beta of 0.99 (roughly in line with the broad market). Its 3-year Sharpe ratio of 1.56 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
2026-10-22	$13.96	$13.96	$13.91	$13.93	$13.93	48,174
2026-10-21	$14.09	$14.09	$13.91	$13.91	$13.91	39,856
2026-10-20	$14.00	$14.01	$13.97	$13.99	$13.99	35,608
2026-10-19	$13.94	$14.00	$13.94	$13.99	$13.99	66,535
2026-10-16	$14.00	$14.00	$13.93	$13.98	$13.98	23,186
2026-10-15	$13.90	$13.97	$13.90	$13.97	$13.97	18,802
2026-10-14	$13.94	$13.96	$13.90	$13.92	$13.92	25,271
2026-10-13	$14.00	$14.11	$13.95	$13.96	$13.96	64,588
2026-10-09	$13.89	$14.04	$13.89	$14.00	$14.00	65,200
2026-10-08	$14.05	$14.05	$13.86	$13.95	$13.95	53,894

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

Ticker	Name	Price	1D
SOXD		$18.09	+20.44%
CGMD		$6.95	+16.03%
GASD		$5.54	+12.37%
GDXD	BetaPro Canadian Gold Miners -2x Daily Bear ETF	$9.75	+12.33%
SLVD	BetaPro Silver -2x Daily Bear ETF	$42.12	+11.75%
MSTZ		$1.97	+11.30%
CSUU		$12.05	+9.95%
QQQD		$7.28	+8.66%

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

Price Chart (30 Days)

Key Statistics

Recent Price History

Annualised Returns

Top 10 Holdings

Sector Weights

ETF Details

7 stocks to buy and hold forever

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Frequently Asked Questions — CPD

What is CPD?

What is the CPD ETF price today?

What is the CPD MER (management expense ratio)?

What are CPD annualised returns?

Does CPD pay dividends or distributions?

What does CPD invest in?

What sectors does CPD invest in?

How large is CPD? (Assets under management)

When was CPD launched?

How do I buy CPD in Canada?

How risky is CPD?

Recent ETF movers

CPD.TO news timeline

iShares S&P/TSX Canadian Preferred Share Index ETF Common Class (CPD.TO) has paid dividends for 3+ years

September 2026

August 2026

July 2024

Period	Return
YTD	+0.72%
1 Year	+8.76%
3 Year (Ann.)	+17.28%
5 Year (Ann.)	+5.28%
10 Year (Ann.)	+6.10%
1Y Volatility	5.21%
Sharpe Ratio (3Y)	1.56

#	Ticker	Name	Weight
1	FTS	Fortis Inc Cum Red 1st Pref Shs Series -M-	1.79%
2	CM	Canadian Imperial Bank of Commerce FXDFR PRF PERPETUAL CAD 25 - Ser 47 Cls	1.33%
3	BCE	BCE Inc Cum Red 1st Pfd Registered Shs Series -AK-	1.27%