FLUR.NEO vs. XIC.TO
FLUR.NEO (Franklin International Equity Index ETF) and XIC.TO (iShares Core S&P/TSX Capped Composite Index ETF) are both exchange-traded funds - FLUR.NEO is a Foreign Large Cap Equities fund tracking the Solactive GBS Developed Markets ex North America Large & Mid Cap CAD Index-NR, while XIC.TO is a Canada Equities fund tracking the S&P/TSX Capped Composite Index. Both are passively managed. Over the past 5 years, FLUR.NEO returned 10.55%/yr vs 14.94%/yr for XIC.TO. A 0.52 correlation means they provide meaningful diversification when combined. FLUR.NEO charges 0.27%/yr vs 0.06%/yr for XIC.TO.
Performance
FLUR.NEO vs. XIC.TO - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both investments are quite close, with FLUR.NEO having a 12.08% return and XIC.TO slightly higher at 12.55%.
FLUR.NEO
- 1D
- -0.80%
- 1M
- -1.09%
- 6M
- 6.32%
- YTD
- 12.08%
- 1Y
- 24.17%
- 3Y*
- 17.87%
- 5Y*
- 10.55%
- 10Y*
- —
XIC.TO
- 1D
- -0.25%
- 1M
- 0.58%
- 6M
- 7.94%
- YTD
- 12.55%
- 1Y
- 31.69%
- 3Y*
- 23.40%
- 5Y*
- 14.94%
- 10Y*
- 12.39%
FLUR.NEO vs. XIC.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
FLUR.NEO Franklin International Equity Index ETF | 12.08% | 25.68% | 12.42% | 12.87% | -10.40% | 14.74% | 9.77% | 14.40% |
XIC.TO iShares Core S&P/TSX Capped Composite Index ETF | 12.55% | 31.51% | 21.48% | 11.74% | -5.82% | 23.43% | 5.61% | 12.31% |
Correlation
The correlation between FLUR.NEO and XIC.TO is 0.57, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.57 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.62 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.54 |
Correlation (All Time) Calculated using the full available price history since Feb 13, 2019 | 0.52 |
The correlation between FLUR.NEO and XIC.TO has been stable across timeframes, ranging from 0.52 to 0.62 - a consistent structural relationship.
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
FLUR.NEO vs. XIC.TO — Risk / Return Rank
FLUR.NEO
XIC.TO
FLUR.NEO vs. XIC.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin International Equity Index ETF (FLUR.NEO) and iShares Core S&P/TSX Capped Composite Index ETF (XIC.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.
| FLUR.NEO | XIC.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.84 | ||
| Sortino ratioReturn per unit of downside risk | -0.91 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.43 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | 2.17 | 3.43 | -1.25 |
| Martin ratioReturn relative to average drawdown | 8.19 | 15.52 | -7.33 |
Loading charts...
Drawdowns
FLUR.NEO vs. XIC.TO - Drawdown Comparison
The maximum FLUR.NEO drawdown since its inception was -30.20%, smaller than the maximum XIC.TO drawdown of -47.27%. Use the drawdown chart below to compare losses from any high point for FLUR.NEO and XIC.TO.
Loading charts...
Drawdown Indicators
| FLUR.NEO | XIC.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.20% | -47.27% | +17.07% |
Max Drawdown (1Y)Largest decline over 1 year | -11.21% | -9.29% | -1.92% |
Max Drawdown (3Y)Largest decline over 3 years | -14.64% | -12.27% | -2.37% |
Max Drawdown (5Y)Largest decline over 5 years | -27.44% | -16.24% | -11.20% |
Max Drawdown (10Y)Largest decline over 10 years | — | -37.21% | — |
Current DrawdownCurrent decline from peak | -3.53% | -0.37% | -3.16% |
Average DrawdownAverage peak-to-trough decline | -5.04% | -6.72% | +1.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.97% | 2.05% | +0.92% |
Volatility
FLUR.NEO vs. XIC.TO - Volatility Comparison
Franklin International Equity Index ETF (FLUR.NEO) has a higher volatility of 3.15% compared to iShares Core S&P/TSX Capped Composite Index ETF (XIC.TO) at 2.06%. This indicates that FLUR.NEO's price experiences larger fluctuations and is considered to be riskier than XIC.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| FLUR.NEO | XIC.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.15% | 2.06% | +1.09% |
Volatility (6M)Calculated over the trailing 6-month period | 12.16% | 10.67% | +1.49% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.43% | 13.15% | +2.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.09% | 13.20% | +1.89% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.93% | 14.95% | +1.98% |
FLUR.NEO vs. XIC.TO - Expense Ratio Comparison
FLUR.NEO has a 0.27% expense ratio, which is higher than XIC.TO's 0.06% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
FLUR.NEO vs. XIC.TO - Dividend Comparison
FLUR.NEO's dividend yield for the trailing twelve months is around 1.79%, less than XIC.TO's 2.00% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FLUR.NEO Franklin International Equity Index ETF | 1.79% | 2.40% | 2.76% | 2.71% | 2.95% | 1.85% | 1.97% | 3.07% | 0.00% | 0.00% | 0.00% | 0.00% |
XIC.TO iShares Core S&P/TSX Capped Composite Index ETF | 2.00% | 2.23% | 2.64% | 2.96% | 3.10% | 2.45% | 3.03% | 3.01% | 3.19% | 2.49% | 2.72% | 3.21% |
Frequently Asked Questions
FLUR.NEO and XIC.TO have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XIC.TO is cheaper at 0.06% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XIC.TO is cheaper with a 0.06% expense ratio, compared with 0.27% for FLUR.NEO.
FLUR.NEO is categorized as Foreign Large Cap Equities, while XIC.TO is Canada Equities. FLUR.NEO tracks Solactive GBS Developed Markets ex North America Large & Mid Cap CAD Index-NR, while XIC.TO tracks S&P/TSX Capped Composite Index. They also come from different issuers: Franklin Templeton and iShares. Their fees differ too: 0.27% for FLUR.NEO and 0.06% for XIC.TO.
Find the right allocation for FLUR.NEO and XIC.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