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FLUR.NEO vs. XSEA.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

FLUR.NEO vs. XSEA.TO

Last updated Jun 5, 2026

FLUR.NEO (Franklin International Equity Index ETF) and XSEA.TO (iShares ESG Aware MSCI EAFE Index ETF) are both Foreign Large Cap Equities funds - FLUR.NEO tracks the Solactive GBS Developed Markets ex North America Large & Mid Cap CAD Index-NR while XSEA.TO tracks the Morningstar DM xNA GR CAD. Both are passively managed. Over the past 5 years, FLUR.NEO returned 11.25%/yr vs 11.00%/yr for XSEA.TO. A 0.60 correlation means they provide meaningful diversification when combined. FLUR.NEO charges 0.27%/yr vs 0.28%/yr for XSEA.TO.

Performance

FLUR.NEO vs. XSEA.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Franklin International Equity Index ETF (FLUR.NEO) and iShares ESG Aware MSCI EAFE Index ETF (XSEA.TO). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

The year-to-date returns for both investments are quite close, with FLUR.NEO having a 10.78% return and XSEA.TO slightly higher at 10.93%.

FLUR.NEO

1D
0.58%
1M
4.43%
YTD
10.78%
6M
11.03%
1Y
23.83%
3Y*
18.43%
5Y*
11.25%
10Y*
—

XSEA.TO

1D
1.11%
1M
5.07%
YTD
10.93%
6M
10.90%
1Y
22.39%
3Y*
17.27%
5Y*
11.00%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

FLUR.NEO vs. XSEA.TO - Yearly Performance Comparison

2026 (YTD)2025202420232022202120202019
FLUR.NEO
Franklin International Equity Index ETF		10.78%25.68%12.42%12.87%-9.30%14.74%9.77%8.83%
XSEA.TO
iShares ESG Aware MSCI EAFE Index ETF		10.93%23.72%11.92%15.28%-8.97%11.09%6.08%8.09%

Correlation

The correlation between FLUR.NEO and XSEA.TO is 0.79, 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

0.79

Correlation (3Y)
Calculated over the trailing 3-year period

0.79

Correlation (5Y)
Calculated over the trailing 5-year period

0.66

Correlation (All Time)
Calculated using the full available price history since Mar 27, 2019

0.60

The correlation between FLUR.NEO and XSEA.TO shifts across timeframes, from 0.60 (all time) to 0.79 (1 year), reflecting how their relationship changes across market environments.

Compare stocks, funds, or ETFs

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Franklin International Equity Index ETF

iShares ESG Aware MSCI EAFE Index ETF

Often compared with FLUR.NEO:
FLUR.NEO vs. XDSR.TOFLUR.NEO vs. TILV.TOFLUR.NEO vs. FCIV.TOFLUR.NEO vs. RIDH.TOFLUR.NEO vs. FCIL.NEOFLUR.NEO vs. FLVI.NEOFLUR.NEO vs. QDX.TO
Often compared with XSEA.TO:
XSEA.TO vs. XDSR.TOXSEA.TO vs. XSEM.TOXSEA.TO vs. XSUS.TOXSEA.TO vs. ESGDXSEA.TO vs. XAW.TOXSEA.TO vs. XEU.TOXSEA.TO vs. XEQT.TO

Return for Risk

FLUR.NEO vs. XSEA.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
FLUR.NEO
FLUR.NEO Risk / Return Rank: 4848
Overall Rank
FLUR.NEO Sharpe Ratio Rank: 4848
Sharpe Ratio Rank
FLUR.NEO Sortino Ratio Rank: 4646
Sortino Ratio Rank
FLUR.NEO Omega Ratio Rank: 5151
Omega Ratio Rank
FLUR.NEO Calmar Ratio Rank: 4545
Calmar Ratio Rank
FLUR.NEO Martin Ratio Rank: 5050
Martin Ratio Rank
XSEA.TO
XSEA.TO Risk / Return Rank: 4545
Overall Rank
XSEA.TO Sharpe Ratio Rank: 4646
Sharpe Ratio Rank
XSEA.TO Sortino Ratio Rank: 4646
Sortino Ratio Rank
XSEA.TO Omega Ratio Rank: 4747
Omega Ratio Rank
XSEA.TO Calmar Ratio Rank: 3838
Calmar Ratio Rank
XSEA.TO Martin Ratio Rank: 4646
Martin Ratio Rank
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.

FLUR.NEO vs. XSEA.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 ESG Aware MSCI EAFE Index ETF (XSEA.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.

FLUR.NEOXSEA.TODifference
Sharpe ratioReturn per unit of total volatility
1.62
1.56

+0.06

Sortino ratioReturn per unit of downside risk
2.24
2.25

0.00

Omega ratioGain probability vs. loss probability

1.31

1.29

+0.02

Calmar ratioReturn relative to maximum drawdown

2.13

1.87

+0.26

Martin ratioReturn relative to average drawdown

8.26

7.46

+0.80

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FLUR.NEO vs. XSEA.TO - Sharpe Ratio Comparison

The current FLUR.NEO Sharpe Ratio is 1.62, which is comparable to the XSEA.TO Sharpe Ratio of 1.56. The chart below compares the historical Sharpe Ratios of FLUR.NEO and XSEA.TO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

FLUR.NEOXSEA.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.62

1.56

+0.06

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.75

0.71

+0.05

Sharpe Ratio (All Time)

Calculated using the full available price history

0.72

0.63

+0.09

Drawdowns

FLUR.NEO vs. XSEA.TO - Drawdown Comparison

The maximum FLUR.NEO drawdown since its inception was -30.20%, which is greater than XSEA.TO's maximum drawdown of -28.64%. Use the drawdown chart below to compare losses from any high point for FLUR.NEO and XSEA.TO.

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Drawdown Indicators

FLUR.NEOXSEA.TODifference

Max Drawdown

Largest peak-to-trough decline

-30.20%

-28.64%

-1.56%

Max Drawdown (1Y)

Largest decline over 1 year

-11.21%

-11.99%

+0.78%

Max Drawdown (3Y)

Largest decline over 3 years

-14.64%

-14.50%

-0.14%

Max Drawdown (5Y)

Largest decline over 5 years

-26.55%

-27.70%

+1.15%

Current Drawdown

Current decline from peak

-1.59%

-0.23%

-1.36%

Average Drawdown

Average peak-to-trough decline

-4.83%

-5.96%

+1.13%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.89%

3.01%

-0.12%

Volatility

FLUR.NEO vs. XSEA.TO - Volatility Comparison

Franklin International Equity Index ETF (FLUR.NEO) has a higher volatility of 5.56% compared to iShares ESG Aware MSCI EAFE Index ETF (XSEA.TO) at 4.99%. This indicates that FLUR.NEO's price experiences larger fluctuations and is considered to be riskier than XSEA.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

FLUR.NEOXSEA.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

5.56%

4.99%

+0.57%

Volatility (6M)

Calculated over the trailing 6-month period

11.28%

12.22%

-0.94%

Volatility (1Y)

Calculated over the trailing 1-year period

14.75%

14.38%

+0.37%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

15.01%

15.65%

-0.64%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.95%

16.87%

+0.08%

FLUR.NEO vs. XSEA.TO - Expense Ratio Comparison

FLUR.NEO has a 0.27% expense ratio, which is lower than XSEA.TO's 0.28% expense ratio.

Dividends

FLUR.NEO vs. XSEA.TO - Dividend Comparison

FLUR.NEO's dividend yield for the trailing twelve months is around 2.17%, which matches XSEA.TO's 2.19% yield.

PositionTTM2025202420232022202120202019
FLUR.NEO
Franklin International Equity Index ETF		2.17%2.40%2.76%2.71%4.16%1.85%1.97%3.07%
XSEA.TO
iShares ESG Aware MSCI EAFE Index ETF		2.19%2.43%2.90%2.64%2.35%2.12%1.40%2.38%

Frequently Asked Questions

FLUR.NEO and XSEA.TO have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, FLUR.NEO is cheaper at 0.27% per year. The better choice depends on whether you care most about return, fees, risk, or income.

FLUR.NEO is cheaper with a 0.27% expense ratio, compared with 0.28% for XSEA.TO.

FLUR.NEO tracks Solactive GBS Developed Markets ex North America Large & Mid Cap CAD Index-NR, while XSEA.TO tracks Morningstar DM xNA GR CAD. They also come from different issuers: Franklin Templeton and iShares. Their fees differ too: 0.27% for FLUR.NEO and 0.28% for XSEA.TO.

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