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

Home

Daily Stock Opinions and Ratings

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

14.38

+0.03 (0.21%)

as of Jul 27, 2026, 7:59:59 pm Market Open.

69 watching

Investor Insights

Jul 26, 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 a prominent choice for investors focusing on preferred shares, especially in the context of the Canadian market. With a notable yield of 6.81% over one year and an impressive 34.92% over three years, this ETF has demonstrated strong performance. It primarily invests in two types of preferred shares: fixed-rate and rate resets. Given its heavier weighting towards rate-reset preferreds, this ETF offers a hedge against rising interest rates, as these instruments are designed to adjust based on current GOC 5-year bond yields. The ETF's basket approach enhances liquidity compared to individual preferred shares, making it an attractive investment option for those interested in preferreds.

Consensus

Positive

Valuation

Fair Value

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

Most Recent Experts

Larry Berman CFA, CMT, CTA

ETF Capital Management Inc.

Lyle Stein

Forvest Global Wealth Management

Andrew Pink

LDIC

The Panic-Proof Portfolio (Stockchase Research)

Stockchase Premium

Greg Newman

Scotia Wealth Management

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : [email protected].

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