diff --git a/stable/external-dns/Chart.yaml b/stable/external-dns/Chart.yaml
index 22cb080da0..4431ded6ec 100644
--- a/stable/external-dns/Chart.yaml
+++ b/stable/external-dns/Chart.yaml
@@ -1,6 +1,6 @@
 apiVersion: v1
 name: external-dns
-version: 2.8.0
+version: 2.9.0
 appVersion: 0.5.17
 description: ExternalDNS is a Kubernetes addon that configures public DNS servers with information about exposed Kubernetes services to make them discoverable.
 keywords:
diff --git a/stable/external-dns/README.md b/stable/external-dns/README.md
index b1e8eba64a..1f1a289dfd 100644
--- a/stable/external-dns/README.md
+++ b/stable/external-dns/README.md
@@ -67,6 +67,7 @@ The following table lists the configurable parameters of the external-dns chart
 | `aws.assumeRoleArn`                 | When using the AWS provider, assume role by specifying --aws-assume-role to the external-dns daemon      | `""`                                                        |
 | `aws.batchChangeSize`               | When using the AWS provider, set the maximum number of changes that will be applied in each batch        | `1000`                                                      |
 | `aws.zoneTags`                      | When using the AWS provider, filter for zones with these tags                                            | `[]`                                                        |
+| `aws.preferCNAME`                   | When using the AWS provider, replaces Alias recors with CNAME (options: true, false)                     | `[]`                                                        |
 | `azure.secretName`                  | When using the Azure provider, set the secret containing the `azure.json` file                           | `""`                                                        |
 | `azure.resourceGroup`               | When using the Azure provider, set the Azure Resource Group                                              | `""`                                                        |
 | `azure.tenantId`                    | When using the Azure provider, set the Azure Tenant ID                                                   | `""`                                                        |
diff --git a/stable/external-dns/templates/deployment.yaml b/stable/external-dns/templates/deployment.yaml
index d13163df28..5d2c8fb3cf 100755
--- a/stable/external-dns/templates/deployment.yaml
+++ b/stable/external-dns/templates/deployment.yaml
@@ -105,6 +105,9 @@ spec:
         {{- range .Values.aws.zoneTags }}
         - --aws-zone-tags={{ . }}
         {{- end }}
+        {{- if .Values.aws.preferCNAME }}
+        - --aws-prefer-cname
+        {{- end }}
         # Azure Arguments
         {{- if eq .Values.provider "azure" }}
         {{- if .Values.azure.resourceGroup }}
diff --git a/stable/external-dns/values-production.yaml b/stable/external-dns/values-production.yaml
index ad7b219e2a..96c1dfe5c7 100644
--- a/stable/external-dns/values-production.yaml
+++ b/stable/external-dns/values-production.yaml
@@ -74,6 +74,9 @@ aws:
   ## Zone Tag Filter
   ##
   zoneTags: []
+  ## Enable AWS Prefer CNAME. Available values are: true, false
+  ##
+  preferCNAME: ""
 
 ## Azure configuration to be set via arguments/env. variables
 ##
diff --git a/stable/external-dns/values.yaml b/stable/external-dns/values.yaml
index 7e6f4b48b2..cc5a92d4b1 100644
--- a/stable/external-dns/values.yaml
+++ b/stable/external-dns/values.yaml
@@ -74,7 +74,9 @@ aws:
   ## AWS Zone tags
   ##
   zoneTags: []
-
+  ## Enable AWS Prefer CNAME. Available values are: true, false
+  ##
+  preferCNAME: ""
 ## Azure configuration to be set via arguments/env. variables
 ##
 azure: