FCRI.TO vs. FCIL.NEO

Last updated Apr 1, 2026

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

FCRI.TO and FCIL.NEO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FCRI.TO is an actively managed fund by Franklin Templeton. It was launched on Jan 13, 2026. 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.

Performance

FCRI.TO vs. FCIL.NEO - 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 Fidelity International Low Volatility ETF (FCIL.NEO). The values are adjusted to include any dividend payments, if applicable.

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

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

Returns By Period

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

FCRI.TO

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

FCIL.NEO

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

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

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

FCIL.NEO

Fidelity International Low Volatility ETF

Return for Risk

FCRI.TO vs. FCIL.NEO — 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.

FCRI.TO vs. FCIL.NEO - 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 Fidelity International Low Volatility ETF (FCIL.NEO). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	FCRI.TO	FCIL.NEO	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	1.55	0.55	+1.00

Correlation

The correlation between FCRI.TO and FCIL.NEO 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

FCRI.TO vs. FCIL.NEO - Dividend Comparison

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

	TTM	2025	2024	2023	2022	2021	2020	2019
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%
FCIL.NEO Fidelity International Low Volatility ETF	0.00%	0.00%	0.00%	1.94%	2.44%	2.53%	3.78%	2.15%

Drawdowns

FCRI.TO vs. FCIL.NEO - Drawdown Comparison

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

Drawdown Indicators

	FCRI.TO	FCIL.NEO	Difference
Max Drawdown Largest peak-to-trough decline	-11.01%	-20.28%	+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	-7.09%	-5.04%	-2.05%
Average Drawdown Average peak-to-trough decline	-1.28%	-4.53%	+3.25%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.36%	—

Volatility

Volatility by Period

	FCRI.TO	FCIL.NEO	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	13.39%	15.99%	-2.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.39%	12.79%	+0.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.39%	13.65%	-0.26%