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Franklin Canadian Corporate Bond Fund ETF (FLCI.TO) Sharpe Ratio: 1.54

ETF · Currency in CAD · Last updated Jun 17, 2026

Franklin Canadian Corporate Bond Fund (ETF Series) is an actively managed fixed income fund that invests primarily in investment-grade corporate bonds, debentures, notes, and asset- and mortgage-backed securities of Canadian corporate issuers. Managed by Franklin Bissett Investment Management, it aims to provide income and capital preservation while managing credit and interest-rate risk across the maturity spectrum. It trades on the Toronto Stock Exchange and distributes income monthly.

FLCI.TO's Sharpe Ratio of 1.54 indicates that for each unit of volatility, it generates 1.54 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jun 17, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets. For how to read this number and when it can mislead, see Sharpe Ratio Explained.

FLCI.TO Sharpe Ratio Rank

FLCI.TO Sharpe Ratio Rank: 46.547
Average

FLCI.TO ranks above 46.5% of all investments in our database based on Sharpe Ratio over the past 12 months, showing balanced returns relative to total risk taken. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with low total volatility → Higher rank
  • High volatility (both upside and downside) → Lower rank
  • Consistent returns → Higher rank than volatile returns of same magnitude
  • Sharp drawdowns increase volatility → Lower rank

What you can do with this information

  • Returns are proportional to volatility—neither strong nor weak
  • Evaluate whether the volatility profile aligns with your risk tolerance
  • Review higher-ranked alternatives in the same category
  • Monitor rank direction to identify improving or deteriorating trends

FLCI.TO Sharpe Ratio Market Positioning

The chart shows FLCI.TO's Sharpe Ratio relative to all ETFs on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): 0.88 or lower
  • Yellow zone (middle 50%): 0.88 to 2.21
  • Green zone (top 25%): 2.21 or higher
  • Top 1%: 7.40+
  • Median: 1.63 — half of all investments score higher

How it compares to other similar ETFs

The table compares Franklin Canadian Corporate Bond Fund ETF's Sharpe Ratio with other ETFs in the Corporate Bonds category across multiple time periods, showing how FLCI.TO's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jun 17, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
XHB.TOiShares Canadian HYBrid Corporate Bond Index ETF1.88
ZIC.TOBMO Mid-Term US Investment Grade Corporate Bond Index ETF1.67
ZBBB.TOBMO BBB Corporate Bond Index ETF1.66
FLCI.TOFranklin Canadian Corporate Bond Fund ETF1.54
FCSB.NEOFidelity Canadian Short Term Corporate Bond ETF1.52
XCBG.TOiShares ESG Advanced Canadian Corporate Bond Index ETF1.51
VCB.TOVanguard Canadian Corporate Bond Index ETF1.48
CACB.TOCIBC Active Investment Grade Corporate Bond ETF1.43
ZCB.TOBMO Corporate Bond Index ETF1.39
ZCM.TOBMO Mid Corporate Bond Index ETF1.37

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows FLCI.TO's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when FLCI.TO consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Sharpe Ratio Calculator

How does FLCI.TO fit in your portfolio?

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