FCRI.TO vs. DIVS.TO

Last updated Aug 4, 2026

FCRI.TO (Franklin International Core Equity Fund ETF Series) and DIVS.TO (Evolve Active Canadian Preferred Share Fund) are both exchange-traded funds - FCRI.TO is a Foreign Large Cap Equities fund actively managed by Franklin Templeton, while DIVS.TO is a Actively Managed fund actively managed by Evolve. Both are actively managed. Over the past year, FCRI.TO returned 27.69% vs 12.79% for DIVS.TO. Their 0.04 correlation means their historical movements had little consistent relationship. FCRI.TO charges 0.11%/yr vs 0.80%/yr for DIVS.TO.

Performance

FCRI.TO vs. DIVS.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Franklin International Core Equity Fund ETF Series (FCRI.TO) and Evolve Active Canadian Preferred Share Fund (DIVS.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FCRI.TO achieves a 12.24% return, which is significantly higher than DIVS.TO's 6.07% return.

FCRI.TO

• 1D: -0.23%
• 1M: -0.51%
• 6M: 11.02%
• YTD: 12.24%
• 1Y: 27.69%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 27.68%

DIVS.TO

• 1D: 0.47%
• 1M: 2.38%
• 6M: 6.97%
• YTD: 6.07%
• 1Y: 12.79%
• 3Y*: 14.96%
• 5Y*: 6.08%
• 10Y*: —
• ALL TIME*: 4.10%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
DIVS.TO Evolve Active Canadian Preferred Share Fund	CA$83.82K	CA$42.54K	CA$19.62K
FCRI.TO Franklin International Core Equity Fund ETF Series	CA$80.15K	CA$123.25K	CA$86.85K

FCRI.TO vs. DIVS.TO - Yearly Performance Comparison

	2026 (YTD)	2025
FCRI.TO Franklin International Core Equity Fund ETF Series	12.24%	15.58%
DIVS.TO Evolve Active Canadian Preferred Share Fund	6.07%	8.43%

Correlation

The correlation between FCRI.TO and DIVS.TO is 0.02, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.02
Correlation (All Time) Calculated using the full available price history since Jul 7, 2025	0.04

Return for Risk

FCRI.TO vs. DIVS.TO — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

FCRI.TO

FCRI.TO Risk / Return Rank: 81
FCRI.TO Sharpe Ratio Rank: 79
FCRI.TO Sortino Ratio Rank: 91
FCRI.TO Omega Ratio Rank: 97
FCRI.TO Calmar Ratio Rank: 64
FCRI.TO Martin Ratio Rank: 73

DIVS.TO

DIVS.TO Risk / Return Rank: 94
DIVS.TO Sharpe Ratio Rank: 91
DIVS.TO Sortino Ratio Rank: 93
DIVS.TO Omega Ratio Rank: 95
DIVS.TO Calmar Ratio Rank: 95
DIVS.TO Martin Ratio Rank: 95

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

FCRI.TO vs. DIVS.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin International Core Equity Fund ETF Series (FCRI.TO) and Evolve Active Canadian Preferred Share Fund (DIVS.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.

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.

	FCRI.TO	DIVS.TO	Difference
Sharpe ratio: Return per unit of total volatility	1.97	2.43	-0.46
Sortino ratio: Return per unit of downside risk	3.43	3.67	-0.23
Omega ratio: Gain probability vs. loss probability	1.73	1.56	+0.18
Calmar ratio: Return relative to maximum drawdown	2.46	5.91	-3.45
Martin ratio: Return relative to average drawdown	9.93	22.62	-12.69

FCRI.TO vs. DIVS.TO - Sharpe Ratio Comparison

The current FCRI.TO Sharpe Ratio is 1.97, which is comparable to the DIVS.TO Sharpe Ratio of 2.43. The chart below compares the historical Sharpe Ratios of FCRI.TO and DIVS.TO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FCRI.TO vs. DIVS.TO - Drawdown Comparison

The maximum FCRI.TO drawdown since its inception was -11.34%, smaller than the maximum DIVS.TO drawdown of -49.95%. Use the drawdown chart below to compare losses from any high point for FCRI.TO and DIVS.TO.

Drawdown Indicators

	FCRI.TO	DIVS.TO	Difference
Max Drawdown Largest peak-to-trough decline	-11.34%	-49.95%	+38.61%
Max Drawdown (1Y) Largest decline over 1 year	-11.34%	-2.21%	-9.13%
Max Drawdown (3Y) Largest decline over 3 years	—	-6.50%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-19.80%	—
Current Drawdown Current decline from peak	-0.86%	-0.02%	-0.84%
Average Drawdown Average peak-to-trough decline	-1.52%	-8.98%	+7.46%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.80%	0.58%	+2.22%

Volatility

FCRI.TO vs. DIVS.TO - Volatility Comparison

Franklin International Core Equity Fund ETF Series (FCRI.TO) has a higher volatility of 3.96% compared to Evolve Active Canadian Preferred Share Fund (DIVS.TO) at 1.51%. This indicates that FCRI.TO's price experiences larger fluctuations and is considered to be riskier than DIVS.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FCRI.TO	DIVS.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.96%	1.51%	+2.45%
Volatility (6M) Calculated over the trailing 6-month period	12.12%	4.02%	+8.10%
Volatility (1Y) Calculated over the trailing 1-year period	14.15%	5.36%	+8.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.98%	7.65%	+6.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.98%	12.78%	+1.20%

FCRI.TO vs. DIVS.TO - Expense Ratio Comparison

FCRI.TO has a 0.11% expense ratio, which is lower than DIVS.TO's 0.80% expense ratio.

Dividends

FCRI.TO vs. DIVS.TO - Dividend Comparison

FCRI.TO's dividend yield for the trailing twelve months is around 2.50%, less than DIVS.TO's 4.96% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
DIVS.TO Evolve Active Canadian Preferred Share Fund	4.96%	4.92%	5.30%	5.89%	5.87%	4.70%	5.37%	5.00%	4.70%	0.68%
FCRI.TO Franklin International Core Equity Fund ETF Series	2.50%	2.81%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FCRI.TO and DIVS.TO in my portfolio?

FCRI.TO and DIVS.TO have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, FCRI.TO or DIVS.TO?

On fees, FCRI.TO is cheaper at 0.11% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, FCRI.TO or DIVS.TO?

FCRI.TO is cheaper with a 0.11% expense ratio, compared with 0.80% for DIVS.TO.

What is the main difference between FCRI.TO and DIVS.TO?

FCRI.TO is categorized as Foreign Large Cap Equities, while DIVS.TO is Actively Managed. They also come from different issuers: Franklin Templeton and Evolve. Their fees differ too: 0.11% for FCRI.TO and 0.80% for DIVS.TO.