- ISIN
- CA35252D1024
- Issuer
- Franklin Templeton
- Inception Date
- Mar 25, 2024
- Region
- North America (Canada)
- Category
- Canada Equities, Dividend
- Leveraged
- 1x (No leverage)
- Index Tracked
- Franklin Canadian Low Volatility High Dividend Index
- Domicile
- Canada
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Value
Highlights
- Avg. Volume (1M)
- 4K
- Avg. Volume Value (1M)
- CA$137.12K
Share Price Chart
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Performance
FLVC.NEO Performance Chart
Franklin Canadian Low Volatility High Dividend Index ETF (FLVC.NEO) is up 21.0% since the beginning of the year. FLVC.NEO is currently trading at CA$31 per share.
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Returns By Period
Franklin Canadian Low Volatility High Dividend Index ETF (FLVC.NEO) has returned 21.03% so far this year and 34.39% over the past 12 months.
Franklin Canadian Low Volatility High Dividend Index ETF
- 1D
- 0.06%
- 1M
- 3.34%
- 6M
- 21.68%
- YTD
- 21.03%
- 1Y
- 34.39%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 24.44%
Benchmark (S&P 500 Index)
- 1D
- -1.64%
- 1M
- -2.25%
- 6M
- 8.82%
- YTD
- 10.09%
- 1Y
- 17.95%
- 3Y*
- 19.41%
- 5Y*
- 13.53%
- 10Y*
- 13.70%
- ALL TIME*
- 9.11%
FLVC.NEO Monthly Returns History
Based on dividend-adjusted daily data since Mar 27, 2024, FLVC.NEO's average daily return is +0.13%, while the average monthly return is +1.80%. At this rate, an investment would double in approximately 3.2 years.
Historically, 79% of months were positive and 21% were negative. The best month was Feb 2026 with a return of +5.8%, while the worst month was Dec 2024 at -3.0%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 1 months.
On a daily basis, FLVC.NEO closed higher 57% of trading days. The best single day was Aug 16, 2024 with a return of +4.3%, while the worst single day was Apr 4, 2025 at -4.4%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -1.26% | 5.84% | -0.50% | 4.63% | 2.26% | 5.29% | 3.33% | 21.03% | |||||
| 2025 | 1.29% | -0.13% | 1.10% | 0.04% | 4.13% | 0.86% | 1.30% | 1.61% | 1.72% | 1.57% | 4.84% | 1.13% | 21.15% |
| 2024 | 1.05% | -2.08% | 1.60% | -0.08% | 3.70% | 3.60% | 2.85% | 1.09% | 4.56% | -3.01% | 13.79% |
Benchmark Metrics
Franklin Canadian Low Volatility High Dividend Index ETF has an annualized alpha of 33.59%, beta of 0.26, and R2 of 0.15 versus S&P 500 Index. Calculated based on daily prices since March 27, 2024.
- This ETF captured 80.81% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -47.54%) - a profile typical of hedging or uncorrelated assets.
- Beta of 0.26 may look defensive, but with R2 of 0.15 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
- R2 of 0.15 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 33.59%
- Beta
- 0.26
- R²
- 0.15
- Upside Capture
- 80.81%
- Downside Capture
- -47.54%
Expense Ratio
FLVC.NEO has an expense ratio of 0.15%, which is considered low.
Return for Risk
Risk / Return Rank
FLVC.NEO ranks 98 for risk / return — above 98% of ETFs peers on PortfoliosLab. Its historical combined result is among the stronger results in the peer group.
Risk / Return Metrics
The table below present risk-adjusted performance metrics for Franklin Canadian Low Volatility High Dividend Index ETF (FLVC.NEO) and compare them to S&P 500 Index.
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.
| FLVC.NEO | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.51 | ||
| Sortino ratioReturn per unit of downside risk | +5.47 | ||
| Omega ratioGain probability vs. loss probability | 1.98 | 1.24 | +0.74 |
| Calmar ratioReturn relative to maximum drawdown | 12.02 | 1.96 | +10.06 |
| Martin ratioReturn relative to average drawdown | 52.99 | 7.14 | +45.85 |
Dividends
Dividend History
Franklin Canadian Low Volatility High Dividend Index ETF provided a 4.72% dividend yield over the last twelve months, with an annual payout of CA$1.47 per share.
| Period | TTM | 2025 | 2024 |
|---|---|---|---|
| Dividend | CA$1.47 | CA$1.29 | CA$0.21 |
Dividend yield | 4.72% | 4.96% | 0.95% |
Monthly Dividends
The table displays the monthly dividend distributions for Franklin Canadian Low Volatility High Dividend Index ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | CA$0.05 | CA$0.05 | CA$0.02 | CA$0.05 | CA$0.05 | CA$0.06 | CA$0.00 | CA$0.30 | |||||
| 2025 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.05 | CA$0.07 | CA$0.05 | CA$0.05 | CA$0.15 | CA$0.15 | CA$0.76 | CA$0.00 | CA$1.29 |
| 2024 | CA$0.07 | CA$0.03 | CA$0.00 | CA$0.06 | CA$0.00 | CA$0.00 | CA$0.06 | CA$0.00 | CA$0.21 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Franklin Canadian Low Volatility High Dividend Index ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Franklin Canadian Low Volatility High Dividend Index ETF was 7.89%, occurring on Apr 8, 2025. Recovery took 10 trading sessions.
The current Franklin Canadian Low Volatility High Dividend Index ETF drawdown is 1.11%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-7.89%Apr 2025 | 4d | 1mo | 1mo 4dApr 2025 - May 2025 | 2025 selloff2025 |
-4.93%Mar 2025 | 3mo 7d | 21d | 3mo 28dDec 2024 - Apr 2025 | 2025 selloff2025 |
-3.41%Apr 2024 | 8d | 22d | 1moApr 2024 - May 2024 | — |
-3.21%Mar 2026 | 17d | 17d | 1mo 4dMar 2026 - Apr 2026 | — |
-2.28%Jan 2026 | 10d | 11d | 21dJan 2026 - Feb 2026 | — |
Drawdown Indicators
| FLVC.NEO | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -7.89% | -48.87% | +40.98% |
Max Drawdown (1Y)Largest decline over 1 year | -3.21% | -9.17% | +5.96% |
Max Drawdown (3Y)Largest decline over 3 years | — | -19.59% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -23.14% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -27.97% | — |
Current DrawdownCurrent decline from peak | -1.11% | -3.81% | +2.70% |
Average DrawdownAverage peak-to-trough decline | -0.80% | -9.62% | +8.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.71% | 2.52% | -1.81% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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