TSE:CPD

iShares S&P/TSX Preferred ETF (CPD.TO)

14.34
-0.01 (0.07%)
as of Aug 17, 2026, 7:25:34 pm Market Open.
69 watching
0
Investor Insights
star iconAug 16, 2026, 12:00 am

This summary was created by AI, based on 1 opinions in the last 12 months.

The iShares S&P/TSX Preferred ETF (CPD-T) is recognized as a leading choice for investors interested in preferred shares, boasting a competitive yield of 6.81% over one year and an impressive 34.92% over three years. This ETF primarily tracks the performance of the TSX and contains a mix of fixed rate and rate reset preferreds. The strategy behind favoring rate resets is that it provides a hedge against rising interest rates, making it a more attractive option in a fluctuating economic environment. Experts appreciate the diversified basket approach of this ETF, which enhances liquidity and reduces the risks associated with individual preferred share investments.

consensus icon
Consensus
Positive
valuation icon
Valuation
Fair Value
review icon
Similar
HPR-T
BUY
You should buy this for the yield and not for the price of the stock. There’s nothing wrong with the preferreds.
COMMENT
ETF that invests across Canadian preferred shares. Preferreds are attractive because of the tax efficiency of the dividend. Last year, spreads widened considerably so there was a big dip earlier this year but have now come back very nicely. Long-term, preferreds are fantastic for dividends but will not give you huge returns. Doesn't expect they will give you more than 5%-7% long-term. Wouldn't use in a registered account.
BUY
Claymore S&P/TSX Preferred E.T.F. This is a basket of preferred shares. 5.3% yield.
TOP PICK
S&P/TSX Preferred ETF. Likes preferred shares. Yield of 5.75%. If you are looking for an income component in your portfolio, preferred shares are still undervalued compared to 10-year corporate bonds.
BUY
Based on the S&P/TSX preferred share index. While diversified. A nice way to get liquid exposure. Yield is probably in the 5.5%-6% area.
COMMENT
With credit markets going away, corporate bonds and fixed income type products like preferreds, their price goes in the opposite direction because of credit worries. The swing has gone too far and he actually likes preferreds now. You can now get very good tax efficient yields. He expects the spreads to tighten in the next short while and preferreds will benefit from this.
COMMENT
An index that represents a basket of preferred shares. You won't get the growth potential that you would with common shares. Similar to a bond but higher risk. Gives you a dividend tax credit.
BUY
Based on about 60 Canadian preferreds. MER of .045%. 50% to 60% are in perpetual preferred shares. Great long-term hold.
BUY
Has been dropping lately, mostly because of the BCE preferreds. Since March, 10-year Canada's are up about 40 basis points and 30-year are up about 25 or 30. Owning this one for income is fine.
BUY
A basket of preferred shares. Income type of product. Yield is about 4.8. Slipped lately, as about 10% is BCE preferred shares. Very good product. Will act like a bond. Good entry point.
COMMENT
ETF basket of preferred shares. Basically trades on interest rates with an average 4.5% dividend. You might consider iShares DJ (XDV-T) which have both preferred and common shares.
COMMENT
New ETF based on 60 higher quality preferred shares based in Canada. Dividends are fully eligible for dividend tax credit.
Showing 46 to 57 of 57 entries