THE honest GUIDE ABOUT CDRs

WHAT YOU NEED TO KNOW ABOUT CDRs

+ A list of all CDRs available with the dividend triangle metrics and ratings!

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    “One CDR share is cheaper than the underlying asset, but it’s only part of one share of that stock. Basically, you’re buying pizza slices as opposed to buying the whole pizza!"

    Mike Heroux

    Founder of Dividend Stocks Rock

    What you get:

    We cover Canadian Depository Certificates (CDRs), which are shares of American or Global companies you can buy in Canadian dollars.

    More specifically:

    • CDRs and how they work
    • Currency Hedging
    • Fractional investing
    • The answers to frequently asked questions about CDRs
    • My opinion about the usefulness of CDRs
    • Other simple strategies
    • List of all CDRs as of February 2026

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    What is it all about?

    CDRs are U.S.-based companies trading on the Canadian stock exchange. Recently, some European names have been added to the list as well.

    Here are their main advantages:

    • Simple: buy in CAD dollars, keep them in your CAD account.
    • Less money is required due to buying fractional shares.
    • Currency-hedged.

    It’s worth saying that there is no catch when buying CDRs. There’s nothing inherently wrong with them.

    However, there are key points to understand before buying them. I'm offering this guide so we can dive in together!