FCRI.TO vs. DRFD.TO
FCRI.TO (Franklin International Core Equity Fund ETF Series) and DRFD.TO (Desjardins RI Developed ex-USA ex-Canada Multifactor - Net-Zero Emissions Pathway ETF) are both Foreign Large Cap Equities funds. Both are actively managed. Over the past year, FCRI.TO returned 27.45% vs 25.48% for DRFD.TO. At a 0.30 correlation, their price movements are largely independent.
Performance
FCRI.TO vs. DRFD.TO - Performance Comparison
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Returns By Period
In the year-to-date period, FCRI.TO achieves a 10.17% return, which is significantly lower than DRFD.TO's 11.73% return.
FCRI.TO
- 1D
- -0.64%
- 1M
- 1.58%
- 6M
- 10.32%
- YTD
- 10.17%
- 1Y
- 27.45%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
DRFD.TO
- 1D
- -0.72%
- 1M
- 1.42%
- 6M
- 8.76%
- YTD
- 11.73%
- 1Y
- 25.48%
- 3Y*
- 21.56%
- 5Y*
- 11.70%
- 10Y*
- —
FCRI.TO vs. DRFD.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
FCRI.TO Franklin International Core Equity Fund ETF Series | 10.17% | 15.58% |
DRFD.TO Desjardins RI Developed ex-USA ex-Canada Multifactor - Net-Zero Emissions Pathway ETF | 11.73% | 12.68% |
Correlation
The correlation between FCRI.TO and DRFD.TO is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.29 |
Correlation (All Time) Calculated using the full available price history since Jul 7, 2025 | 0.30 |
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Return for Risk
FCRI.TO vs. DRFD.TO — Risk / Return Rank
FCRI.TO
DRFD.TO
FCRI.TO vs. DRFD.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 Desjardins RI Developed ex-USA ex-Canada Multifactor - Net-Zero Emissions Pathway ETF (DRFD.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 | DRFD.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.20 | ||
| Sortino ratioReturn per unit of downside risk | +0.81 | ||
| Omega ratioGain probability vs. loss probability | 1.76 | 1.35 | +0.41 |
| Calmar ratioReturn relative to maximum drawdown | 2.44 | 2.16 | +0.28 |
| Martin ratioReturn relative to average drawdown | 9.85 | 8.42 | +1.43 |
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Drawdowns
FCRI.TO vs. DRFD.TO - Drawdown Comparison
The maximum FCRI.TO drawdown since its inception was -11.34%, smaller than the maximum DRFD.TO drawdown of -25.18%. Use the drawdown chart below to compare losses from any high point for FCRI.TO and DRFD.TO.
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Drawdown Indicators
| FCRI.TO | DRFD.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -11.34% | -25.18% | +13.84% |
Max Drawdown (1Y)Largest decline over 1 year | -11.34% | -11.85% | +0.51% |
Max Drawdown (3Y)Largest decline over 3 years | — | -13.78% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -22.31% | — |
Current DrawdownCurrent decline from peak | -2.68% | -2.37% | -0.31% |
Average DrawdownAverage peak-to-trough decline | -1.49% | -5.26% | +3.77% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.80% | 3.03% | -0.23% |
Volatility
FCRI.TO vs. DRFD.TO - Volatility Comparison
The current volatility for Franklin International Core Equity Fund ETF Series (FCRI.TO) is 3.08%, while Desjardins RI Developed ex-USA ex-Canada Multifactor - Net-Zero Emissions Pathway ETF (DRFD.TO) has a volatility of 3.55%. This indicates that FCRI.TO experiences smaller price fluctuations and is considered to be less risky than DRFD.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FCRI.TO | DRFD.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.08% | 3.55% | -0.47% |
Volatility (6M)Calculated over the trailing 6-month period | 11.74% | 12.42% | -0.68% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.02% | 14.40% | -0.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.94% | 13.39% | +0.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.94% | 13.67% | +0.27% |
Dividends
FCRI.TO vs. DRFD.TO - Dividend Comparison
FCRI.TO's dividend yield for the trailing twelve months is around 2.55%, more than DRFD.TO's 2.38% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
DRFD.TO Desjardins RI Developed ex-USA ex-Canada Multifactor - Net-Zero Emissions Pathway ETF | 2.38% | 2.68% | 2.55% | 2.17% | 2.74% | 2.38% | 2.55% | 2.34% | 0.72% |
FCRI.TO Franklin International Core Equity Fund ETF Series | 2.55% | 2.81% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
FCRI.TO and DRFD.TO have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
They also come from different issuers: Franklin Templeton and Desjardins.
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