FCIL.NEO vs. FCRI.TO

Last updated Apr 1, 2026

Compare and contrast key facts about Fidelity International Low Volatility ETF (FCIL.NEO) and Franklin International Core Equity Fund ETF Series (FCRI.TO).

FCIL.NEO and FCRI.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FCIL.NEO is a passively managed fund by Fidelity that tracks the performance of the Fidelity Canada International Low Volatility Index. It was launched on Jan 18, 2019. FCRI.TO is an actively managed fund by Franklin Templeton. It was launched on Jan 13, 2026.

Performance

FCIL.NEO vs. FCRI.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Fidelity International Low Volatility ETF (FCIL.NEO) and Franklin International Core Equity Fund ETF Series (FCRI.TO). The values are adjusted to include any dividend payments, if applicable.

FCIL.NEO vs. FCRI.TO - Yearly Performance Comparison

	2026 (YTD)	2025
FCIL.NEO Fidelity International Low Volatility ETF	5.42%	7.86%
FCRI.TO Franklin International Core Equity Fund ETF Series	-0.75%	15.58%

Returns By Period

In the year-to-date period, FCIL.NEO achieves a 5.42% return, which is significantly higher than FCRI.TO's -0.75% return.

FCIL.NEO

• 1D: 2.54%
• 1M: -5.04%
• YTD: 5.42%
• 6M: 9.41%
• 1Y: 15.60%
• 3Y*: 12.62%
• 5Y*: 9.03%
• 10Y*: —

FCRI.TO

• 1D: 2.92%
• 1M: -7.09%
• YTD: -0.75%
• 6M: 7.22%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FCIL.NEO vs. FCRI.TO - Expense Ratio Comparison

FCIL.NEO

Fidelity International Low Volatility ETF

Return for Risk

FCIL.NEO vs. FCRI.TO — Risk / Return Rank

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

FCIL.NEO

FCIL.NEO Risk / Return Rank: 54
FCIL.NEO Sharpe Ratio Rank: 53
FCIL.NEO Sortino Ratio Rank: 54
FCIL.NEO Omega Ratio Rank: 54
FCIL.NEO Calmar Ratio Rank: 64
FCIL.NEO Martin Ratio Rank: 46

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.

FCIL.NEO vs. FCRI.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity International Low Volatility ETF (FCIL.NEO) and Franklin International Core Equity Fund ETF Series (FCRI.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.

	FCIL.NEO	FCRI.TO	Difference
Sharpe ratio Return per unit of total volatility	0.98	—	—
Sortino ratio Return per unit of downside risk	1.46	—	—
Omega ratio Gain probability vs. loss probability	1.21	—	—
Calmar ratio Return relative to maximum drawdown	1.67	—	—
Martin ratio Return relative to average drawdown	4.57	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	FCIL.NEO	FCRI.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.98	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.71	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.55	1.55	-1.00

Correlation

The correlation between FCIL.NEO and FCRI.TO is 0.26, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

FCIL.NEO vs. FCRI.TO - Dividend Comparison

FCIL.NEO has not paid dividends to shareholders, while FCRI.TO's dividend yield for the trailing twelve months is around 2.83%.

	TTM	2025	2024	2023	2022	2021	2020	2019
FCIL.NEO Fidelity International Low Volatility ETF	0.00%	0.00%	0.00%	1.94%	2.44%	2.53%	3.78%	2.15%
FCRI.TO Franklin International Core Equity Fund ETF Series	2.83%	2.81%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

FCIL.NEO vs. FCRI.TO - Drawdown Comparison

The maximum FCIL.NEO drawdown since its inception was -20.28%, which is greater than FCRI.TO's maximum drawdown of -11.01%. Use the drawdown chart below to compare losses from any high point for FCIL.NEO and FCRI.TO.

Drawdown Indicators

	FCIL.NEO	FCRI.TO	Difference
Max Drawdown Largest peak-to-trough decline	-20.28%	-11.01%	-9.27%
Max Drawdown (1Y) Largest decline over 1 year	-9.17%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-20.28%	—	—
Current Drawdown Current decline from peak	-5.04%	-7.09%	+2.05%
Average Drawdown Average peak-to-trough decline	-4.53%	-1.28%	-3.25%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.36%	—	—

Volatility

Volatility by Period

	FCIL.NEO	FCRI.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.33%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.52%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	15.99%	13.39%	+2.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.79%	13.39%	-0.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.65%	13.39%	+0.26%