PowerShares Canadian Preferred Share Index ETF Review (PPS) 2024
Last Updated: 3/7/2024
PPS trades on the TSX exchange.
Looking to invest in general equity? Consider an general equity ETF as an easy way to get access. The PowerShares Canadian Preferred Share Index (PPS) is one of the most popular ETF’s in Canada by market cap. Let’s take a closer look at this ETF here.
PPS seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the NASDAQ Select Canadian Preferred Share Index, or any successor thereto. This – 11 – Invesco ETF invests primarily in preferred shares issued in Canada.
Wealth Awesome Rating: 71/100
This equity ETF has an MER of 0.51%. With higher than average fees, it’s a premium option. Managing 146 million in assets, it’s less popular among investors. Suitable for those seeking growth with a medium to high risk tolerance.
The Wealth Awesome ETF rating is based on identifying ETFs that are popular and well used, while keeping costs low.
PPS trades on the TSX exchange.
Looking to invest in general equity? Consider an general equity ETF as an easy way to get access. The PowerShares Canadian Preferred Share Index (PPS) is one of the most popular ETF’s in Canada by market cap. Let’s take a closer look at this ETF here.
What is the PowerShares Canadian Preferred Share Index ETF
A general equity ETF, aiming for growth by investing in a broad range of stocks. This ETF has an MER of 0.51%. This ETF trades on the TSX exchange.PPS stock price and other stats
ETF Key Stats
Exchange: TSX
Assets Under Management: $146MM
Expense Ratio: 0.51%
Price: $3.34 (Updated: 3/7/2024)
PPS seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the NASDAQ Select Canadian Preferred Share Index, or any successor thereto. This – 11 – Invesco ETF invests primarily in preferred shares issued in Canada.
PowerShares Canadian Preferred Share Index (PPS) Sector Breakdown
| Sector | Equity % | Relative to Category |
|---|---|---|
| Basic Materials | 0 | 12.23022 |
| Consumer Cyclicals | 0 | 0 |
| Financial Services | 0 | 0 |
| Real Estate | 0 | 0 |
| Communication Services | 0 | 0 |
| Energy | 0 | 35.63843 |
| Industrials | 0 | 0 |
| Technology | 0 | 0 |
| Consumer Defensive | 0 | 0 |
| Healthcare | 0 | 0 |
| Utilities | 0 | 52.13136 |
PowerShares Canadian Preferred Share Index (PPS) Sector Breakdown
| Sector | Equity % | Relative to Category |
|---|---|---|
| Basic Materials | 0 | 12.23022 |
| Consumer Cyclicals | 0 | 0 |
| Financial Services | 0 | 0 |
| Real Estate | 0 | 0 |
| Communication Services | 0 | 0 |
| Energy | 0 | 35.63843 |
| Industrials | 0 | 0 |
| Technology | 0 | 0 |
| Consumer Defensive | 0 | 0 |
| Healthcare | 0 | 0 |
| Utilities | 0 | 52.13136 |
PowerShares Canadian Preferred Share Index (PPS) Geographic Breakdown
| Region | Equity % | Relative to Category |
|---|---|---|
| North America | 0 | 100 |
| United Kingdom | 0 | 0 |
| Europe Developed | 0 | 0 |
| Europe Emerging | 0 | 0 |
| Africa/Middle East | 0 | 0 |
| Japan | 0 | 0 |
| Australasia | 0 | 0 |
| Asia Developed | 0 | 0 |
| Asia Emerging | 0 | 0 |
| Latin America | 0 | 0 |
PPS Management Expense Ratio
PPS has a management expense ratio of 0.51% . The MER is significantly lower than what you can get with a mutual fund product offered by large banks.How to Buy PowerShares Canadian Preferred Share Index TSX ETF
You can buy PPS on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:| Image | Product Title | Features | Price |
|---|---|---|---|
Editor's Choice  |
| Get $25 Signup Bonus | |
Reliable Pick  |
| Get $50 Free Stock Trades |