FCRI.TO vs. DRMD.TO
FCRI.TO (Franklin International Core Equity Fund ETF Series) and DRMD.TO (Desjardins RI Developed ex-USA ex-Canada - 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 23.64% for DRMD.TO. At a 0.39 correlation, their price movements are largely independent.
Performance
FCRI.TO vs. DRMD.TO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FCRI.TO achieves a 10.17% return, which is significantly lower than DRMD.TO's 11.91% return.
FCRI.TO
- 1D
- -0.64%
- 1M
- 1.58%
- 6M
- 10.32%
- YTD
- 10.17%
- 1Y
- 27.45%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
DRMD.TO
- 1D
- -0.44%
- 1M
- -0.08%
- 6M
- 7.19%
- YTD
- 11.91%
- 1Y
- 23.64%
- 3Y*
- 19.56%
- 5Y*
- 11.25%
- 10Y*
- —
FCRI.TO vs. DRMD.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
FCRI.TO Franklin International Core Equity Fund ETF Series | 10.17% | 15.58% |
DRMD.TO Desjardins RI Developed ex-USA ex-Canada - Net-Zero Emissions Pathway ETF | 11.91% | 9.88% |
Correlation
The correlation between FCRI.TO and DRMD.TO is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.38 |
Correlation (All Time) Calculated using the full available price history since Jul 7, 2025 | 0.39 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
FCRI.TO vs. DRMD.TO — Risk / Return Rank
FCRI.TO
DRMD.TO
FCRI.TO vs. DRMD.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 - Net-Zero Emissions Pathway ETF (DRMD.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 | DRMD.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.23 | ||
| Sortino ratioReturn per unit of downside risk | +0.98 | ||
| Omega ratioGain probability vs. loss probability | 1.76 | 1.31 | +0.45 |
| Calmar ratioReturn relative to maximum drawdown | 2.44 | 2.04 | +0.41 |
| Martin ratioReturn relative to average drawdown | 9.85 | 8.15 | +1.71 |
Loading charts...
Drawdowns
FCRI.TO vs. DRMD.TO - Drawdown Comparison
The maximum FCRI.TO drawdown since its inception was -11.34%, smaller than the maximum DRMD.TO drawdown of -23.39%. Use the drawdown chart below to compare losses from any high point for FCRI.TO and DRMD.TO.
Loading charts...
Drawdown Indicators
| FCRI.TO | DRMD.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -11.34% | -23.39% | +12.05% |
Max Drawdown (1Y)Largest decline over 1 year | -11.34% | -11.65% | +0.31% |
Max Drawdown (3Y)Largest decline over 3 years | — | -14.40% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -23.39% | — |
Current DrawdownCurrent decline from peak | -2.68% | -2.75% | +0.07% |
Average DrawdownAverage peak-to-trough decline | -1.49% | -4.02% | +2.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.80% | 2.91% | -0.11% |
Volatility
FCRI.TO vs. DRMD.TO - Volatility Comparison
Franklin International Core Equity Fund ETF Series (FCRI.TO) and Desjardins RI Developed ex-USA ex-Canada - Net-Zero Emissions Pathway ETF (DRMD.TO) have volatilities of 3.08% and 3.23%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| FCRI.TO | DRMD.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.08% | 3.23% | -0.15% |
Volatility (6M)Calculated over the trailing 6-month period | 11.74% | 11.25% | +0.49% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.02% | 13.63% | +0.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.94% | 13.87% | +0.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.94% | 13.87% | +0.07% |
Dividends
FCRI.TO vs. DRMD.TO - Dividend Comparison
FCRI.TO's dividend yield for the trailing twelve months is around 2.55%, while DRMD.TO has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
DRMD.TO Desjardins RI Developed ex-USA ex-Canada - Net-Zero Emissions Pathway ETF | 0.00% | 0.00% | 12.27% | 1.86% | 2.45% | 2.04% | 1.64% |
FCRI.TO Franklin International Core Equity Fund ETF Series | 2.55% | 2.81% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
FCRI.TO and DRMD.TO have a correlation of 0.38, 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.
Find the right allocation for FCRI.TO and DRMD.TO
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer