BPRF.TO vs. PR.TO

Last updated Jul 16, 2026

BPRF.TO (Brompton Flaherty & Crumrine Investment Grade Preferred ETF) and PR.TO (Lysander-Slater Preferred Share ActivETF) are both Preferred Stock/Convertible Bonds funds. Both are actively managed. Over the past 5 years, BPRF.TO returned 1.77%/yr vs 5.44%/yr for PR.TO. At a 0.12 correlation, their price movements are largely independent.

Performance

BPRF.TO vs. PR.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Brompton Flaherty & Crumrine Investment Grade Preferred ETF (BPRF.TO) and Lysander-Slater Preferred Share ActivETF (PR.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BPRF.TO achieves a 0.58% return, which is significantly lower than PR.TO's 3.38% return.

BPRF.TO

• 1D: 0.00%
• 1M: -0.31%
• 6M: 0.27%
• YTD: 0.58%
• 1Y: 3.83%
• 3Y*: 8.27%
• 5Y*: 1.77%
• 10Y*: —

PR.TO

• 1D: 0.00%
• 1M: 1.08%
• 6M: 3.48%
• YTD: 3.38%
• 1Y: 8.63%
• 3Y*: 14.87%
• 5Y*: 5.44%
• 10Y*: 5.99%

*Multi-year figures are annualized to reflect compound growth (CAGR)

BPRF.TO vs. PR.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
BPRF.TO Brompton Flaherty & Crumrine Investment Grade Preferred ETF	0.58%	4.85%	11.66%	6.76%	-13.36%	3.72%	5.32%	16.17%	-4.44%
PR.TO Lysander-Slater Preferred Share ActivETF	3.38%	11.10%	24.22%	7.90%	-18.17%	28.22%	-0.17%	1.64%	-6.76%

Correlation

The correlation between BPRF.TO and PR.TO is -0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.03
Correlation (3Y) Calculated over the trailing 3-year period	0.09
Correlation (5Y) Calculated over the trailing 5-year period	0.11
Correlation (All Time) Calculated using the full available price history since Oct 31, 2018	0.12

The correlation between BPRF.TO and PR.TO shifts across timeframes, from -0.03 (1 year) to 0.12 (all time), reflecting how their relationship changes across market environments.

Return for Risk

BPRF.TO vs. PR.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BPRF.TO

BPRF.TO Risk / Return Rank: 25
BPRF.TO Sharpe Ratio Rank: 23
BPRF.TO Sortino Ratio Rank: 22
BPRF.TO Omega Ratio Rank: 22
BPRF.TO Calmar Ratio Rank: 29
BPRF.TO Martin Ratio Rank: 32

PR.TO

PR.TO Risk / Return Rank: 92
PR.TO Sharpe Ratio Rank: 87
PR.TO Sortino Ratio Rank: 91
PR.TO Omega Ratio Rank: 90
PR.TO Calmar Ratio Rank: 95
PR.TO Martin Ratio Rank: 95

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BPRF.TO vs. PR.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Brompton Flaherty & Crumrine Investment Grade Preferred ETF (BPRF.TO) and Lysander-Slater Preferred Share ActivETF (PR.TO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	BPRF.TO	PR.TO	Difference
Sharpe ratio: Return per unit of total volatility	0.69	2.29	-1.60
Sortino ratio: Return per unit of downside risk	1.03	3.54	-2.51
Omega ratio: Gain probability vs. loss probability	1.13	1.47	-0.34
Calmar ratio: Return relative to maximum drawdown	1.21	6.09	-4.88
Martin ratio: Return relative to average drawdown	3.96	22.15	-18.19

BPRF.TO vs. PR.TO - Sharpe Ratio Comparison

The current BPRF.TO Sharpe Ratio is 0.69, which is lower than the PR.TO Sharpe Ratio of 2.29. The chart below compares the historical Sharpe Ratios of BPRF.TO and PR.TO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

BPRF.TO vs. PR.TO - Drawdown Comparison

The maximum BPRF.TO drawdown since its inception was -35.50%, smaller than the maximum PR.TO drawdown of -45.17%. Use the drawdown chart below to compare losses from any high point for BPRF.TO and PR.TO.

Drawdown Indicators

	BPRF.TO	PR.TO	Difference
Max Drawdown Largest peak-to-trough decline	-35.50%	-45.17%	+9.67%
Max Drawdown (1Y) Largest decline over 1 year	-3.17%	-1.44%	-1.73%
Max Drawdown (3Y) Largest decline over 3 years	-4.71%	-4.62%	-0.09%
Max Drawdown (5Y) Largest decline over 5 years	-21.70%	-21.39%	-0.31%
Max Drawdown (10Y) Largest decline over 10 years	—	-45.17%	—
Current Drawdown Current decline from peak	-1.63%	0.00%	-1.63%
Average Drawdown Average peak-to-trough decline	-6.58%	-7.18%	+0.60%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.97%	0.40%	+0.57%

Volatility

BPRF.TO vs. PR.TO - Volatility Comparison

Brompton Flaherty & Crumrine Investment Grade Preferred ETF (BPRF.TO) has a higher volatility of 2.00% compared to Lysander-Slater Preferred Share ActivETF (PR.TO) at 0.79%. This indicates that BPRF.TO's price experiences larger fluctuations and is considered to be riskier than PR.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BPRF.TO	PR.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.00%	0.79%	+1.21%
Volatility (6M) Calculated over the trailing 6-month period	4.20%	2.67%	+1.53%
Volatility (1Y) Calculated over the trailing 1-year period	5.57%	3.98%	+1.59%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.59%	8.58%	+1.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.74%	11.52%	+2.22%

Dividends

BPRF.TO vs. PR.TO - Dividend Comparison

BPRF.TO's dividend yield for the trailing twelve months is around 5.91%, more than PR.TO's 5.00% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BPRF.TO Brompton Flaherty & Crumrine Investment Grade Preferred ETF	5.91%	5.78%	5.72%	6.02%	5.71%	4.69%	4.65%	4.27%	0.00%	0.00%	0.00%	0.00%
PR.TO Lysander-Slater Preferred Share ActivETF	5.00%	4.85%	4.49%	4.80%	4.71%	3.85%	4.79%	4.69%	4.97%	6.73%	3.68%	1.17%

Frequently Asked Questions

Can I hold both BPRF.TO and PR.TO in my portfolio?

BPRF.TO and PR.TO have a correlation of -0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

What is the main difference between BPRF.TO and PR.TO?

They also come from different issuers: Brompton and Lysander.