Question 1

What is HPR?

Accepted Answer

HPR (Global X Active Preferred Share ETF) 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 HPR ETF price today?

Accepted Answer

HPR last traded at $10.52 CAD on the TSX. See the price chart above for recent performance.

Question 3

What is the HPR MER (management expense ratio)?

Accepted Answer

HPR 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%, HPR is considered a low-cost ETF.

Question 4

What are HPR annualised returns?

Accepted Answer

HPR historical returns: YTD: +0.86%, 1-year: +11.41%, 3-year annualised: +19.69%, 5-year annualised: +7.42%, 10-year annualised: +7.58%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 1.99, which measures risk-adjusted return.

Question 5

Does HPR pay dividends or distributions?

Accepted Answer

Yes, HPR distributes income to unitholders. The current distribution yield is approximately 4.79%, 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 HPR invest in?

Accepted Answer

HPR's top holdings include Great-West Lifeco Inc 4.85 % Non Cum Pfd Registered Shs Series -H- (GWO, 2.2%), BCE Inc Cum Red 1st Pfd Registered Shs Series -AM- (BCE, 2.0%), Fortis Inc Cum Red 1st Pref Shs Series -M- (FTS, 1.8%). 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 HPR invest in?

Accepted Answer

HPR'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 HPR? (Assets under management)

Accepted Answer

HPR has approximately $934M 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 HPR launched?

Accepted Answer

HPR was launched on November 22, 2010, giving it a 16-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 HPR in Canada?

Accepted Answer

HPR trades on the TSX under the ticker HPR. 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 HPR?

Accepted Answer

HPR has a 1-year volatility of 3.75% and a beta of 1.00 (roughly in line with the broad market). Its 3-year Sharpe ratio of 1.99 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
2026-10-01	$10.64	$10.64	$10.50	$10.52	$10.52	35,101
2026-09-30	$10.56	$10.57	$10.49	$10.51	$10.51	33,380
2026-09-29	$10.73	$10.73	$10.56	$10.56	$10.56	49,400
2026-09-28	$10.81	$10.81	$10.65	$10.65	$10.65	13,509
2026-09-25	$10.71	$10.72	$10.68	$10.71	$10.71	46,057
2026-09-24	$10.86	$10.86	$10.72	$10.73	$10.73	51,224
2026-09-23	$10.81	$10.81	$10.76	$10.76	$10.76	60,602
2026-09-22	$10.85	$10.85	$10.78	$10.80	$10.80	9,602
2026-09-21	$10.73	$10.80	$10.73	$10.79	$10.79	10,216
2026-09-18	$10.84	$10.84	$10.77	$10.79	$10.79	28,272

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
MSTU		$43.77	+9.62%
OILU		$59.51	+6.19%
HOU	BetaPro Crude Oil Daily Bull ETF	$26.42	+5.98%
MUU		$19.42	+5.72%
RDDY	Harvest Reddit Enhanced High Income Shares ETF	$4.63	+5.71%
MSTE	Harvest MicroStrategy Enhanced High Income Shares ETF - Class A Units	$2.85	+4.40%
CSHI	Ninepoint Constellation Software HighShares ETF	$12.40	+4.11%
HND	BetaPro Natural Gas 2x Daily Bear	$24.40	+4.01%

CIBC Investor's Edge

Global X Active Preferred Share ETF (HPR : TSX)

Price Chart (30 Days)

Key Statistics

Recent Price History

Annualised Returns

Top 10 Holdings

Sector Weights

ETF Details

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Frequently Asked Questions — HPR