FLCI.TO vs. ESGF.TO
FLCI.TO (Franklin Canadian Corporate Bond Fund ETF) and ESGF.TO (BMO ESG US Corporate Bond Hedged to CAD Index ETF) are both Corporate Bonds funds. Over the past 5 years, FLCI.TO returned 2.15%/yr vs -1.73%/yr for ESGF.TO. At a 0.22 correlation, their price movements are largely independent.
Performance
FLCI.TO vs. ESGF.TO - Performance Comparison
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Returns By Period
In the year-to-date period, FLCI.TO achieves a 1.22% return, which is significantly higher than ESGF.TO's -0.85% return.
FLCI.TO
- 1D
- -0.39%
- 1M
- -0.60%
- 6M
- 0.62%
- YTD
- 1.22%
- 1Y
- 5.04%
- 3Y*
- 6.62%
- 5Y*
- 2.15%
- 10Y*
- —
ESGF.TO
- 1D
- 0.00%
- 1M
- -0.68%
- 6M
- -1.01%
- YTD
- -0.85%
- 1Y
- 2.13%
- 3Y*
- 2.01%
- 5Y*
- -1.73%
- 10Y*
- —
FLCI.TO vs. ESGF.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
FLCI.TO Franklin Canadian Corporate Bond Fund ETF | 1.22% | 4.88% | 8.03% | 8.31% | -10.13% | -1.62% | 7.15% |
ESGF.TO BMO ESG US Corporate Bond Hedged to CAD Index ETF | -0.85% | 5.25% | -2.92% | 7.28% | -15.76% | -3.12% | 9.56% |
Correlation
The correlation between FLCI.TO and ESGF.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 (3Y) Calculated over the trailing 3-year period | 0.25 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.28 |
Correlation (All Time) Calculated using the full available price history since Jan 21, 2020 | 0.22 |
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Return for Risk
FLCI.TO vs. ESGF.TO — Risk / Return Rank
FLCI.TO
ESGF.TO
FLCI.TO vs. ESGF.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin Canadian Corporate Bond Fund ETF (FLCI.TO) and BMO ESG US Corporate Bond Hedged to CAD Index ETF (ESGF.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.
| FLCI.TO | ESGF.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.70 | ||
| Sortino ratioReturn per unit of downside risk | +0.96 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.10 | +0.12 |
| Calmar ratioReturn relative to maximum drawdown | 2.23 | 0.91 | +1.32 |
| Martin ratioReturn relative to average drawdown | 6.32 | 1.96 | +4.37 |
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Drawdowns
FLCI.TO vs. ESGF.TO - Drawdown Comparison
The maximum FLCI.TO drawdown since its inception was -17.51%, smaller than the maximum ESGF.TO drawdown of -23.55%. Use the drawdown chart below to compare losses from any high point for FLCI.TO and ESGF.TO.
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Drawdown Indicators
| FLCI.TO | ESGF.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.51% | -23.55% | +6.04% |
Max Drawdown (1Y)Largest decline over 1 year | -2.27% | -2.92% | +0.65% |
Max Drawdown (3Y)Largest decline over 3 years | -3.31% | -8.77% | +5.46% |
Max Drawdown (5Y)Largest decline over 5 years | -14.63% | -23.18% | +8.55% |
Current DrawdownCurrent decline from peak | -1.16% | -11.30% | +10.14% |
Average DrawdownAverage peak-to-trough decline | -3.29% | -10.59% | +7.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.80% | 1.35% | -0.55% |
Volatility
FLCI.TO vs. ESGF.TO - Volatility Comparison
The current volatility for Franklin Canadian Corporate Bond Fund ETF (FLCI.TO) is 1.77%, while BMO ESG US Corporate Bond Hedged to CAD Index ETF (ESGF.TO) has a volatility of 2.12%. This indicates that FLCI.TO experiences smaller price fluctuations and is considered to be less risky than ESGF.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FLCI.TO | ESGF.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.77% | 2.12% | -0.35% |
Volatility (6M)Calculated over the trailing 6-month period | 3.24% | 3.83% | -0.59% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.10% | 5.00% | -0.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.67% | 15.24% | -9.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.47% | 15.68% | -9.21% |
Dividends
FLCI.TO vs. ESGF.TO - Dividend Comparison
FLCI.TO's dividend yield for the trailing twelve months is around 4.47%, more than ESGF.TO's 4.42% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
ESGF.TO BMO ESG US Corporate Bond Hedged to CAD Index ETF | 4.42% | 4.14% | 4.08% | 4.06% | 3.77% | 2.93% | 2.75% | 0.00% | 0.00% | 0.00% |
FLCI.TO Franklin Canadian Corporate Bond Fund ETF | 4.47% | 4.26% | 4.41% | 4.09% | 4.95% | 3.07% | 2.99% | 3.68% | 3.87% | 0.84% |
Frequently Asked Questions
FLCI.TO and ESGF.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 and BMO.
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