FLUS.TO vs. XUU-U.TO

Last updated Jun 4, 2026

FLUS.TO (Franklin U.S. Large Cap Multifactor Index ETF) and XUU-U.TO (iShares Core S&P U.S. Total Market Index ETF) are both Large Cap Blend Equities funds - FLUS.TO tracks the LibertyQ U.S. Large Cap Equity Index while XUU-U.TO tracks the S&P Total Market Index. Both are passively managed. Over the past 5 years, FLUS.TO returned 16.75%/yr vs 15.74%/yr for XUU-U.TO. At a 0.33 correlation, their price movements are largely independent. FLUS.TO charges 0.29%/yr vs 0.08%/yr for XUU-U.TO.

Performance

FLUS.TO vs. XUU-U.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Franklin U.S. Large Cap Multifactor Index ETF (FLUS.TO) and iShares Core S&P U.S. Total Market Index ETF (XUU-U.TO). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

FLUS.TO is traded in CAD, while XUU-U.TO is traded in USD. To make them comparable, the XUU-U.TO values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, FLUS.TO achieves a 13.62% return, which is significantly higher than XUU-U.TO's 12.58% return.

FLUS.TO

• 1D: 0.30%
• 1M: 6.59%
• YTD: 13.62%
• 6M: 8.27%
• 1Y: 26.86%
• 3Y*: 23.14%
• 5Y*: 16.75%
• 10Y*: —

XUU-U.TO

• 1D: 0.03%
• 1M: 7.44%
• YTD: 12.58%
• 6M: 10.92%
• 1Y: 29.83%
• 3Y*: 22.81%
• 5Y*: 15.74%
• 10Y*: —

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

FLUS.TO vs. XUU-U.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
FLUS.TO Franklin U.S. Large Cap Multifactor Index ETF	13.62%	10.48%	34.58%	20.92%	-10.01%	25.42%	8.39%	4.45%
XUU-U.TO iShares Core S&P U.S. Total Market Index ETF	12.58%	11.00%	33.03%	23.73%	-14.72%	26.98%	16.71%	6.48%

Correlation

The correlation between FLUS.TO and XUU-U.TO is 0.51, 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	0.51
Correlation (3Y) Calculated over the trailing 3-year period	0.52
Correlation (5Y) Calculated over the trailing 5-year period	0.41
Correlation (All Time) Calculated using the full available price history since Oct 23, 2019	0.33

The correlation between FLUS.TO and XUU-U.TO shifts across timeframes, from 0.33 (all time) to 0.52 (3 years), reflecting how their relationship changes across market environments.

Return for Risk

FLUS.TO vs. XUU-U.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FLUS.TO

FLUS.TO Risk / Return Rank: 64
FLUS.TO Sharpe Ratio Rank: 62
FLUS.TO Sortino Ratio Rank: 64
FLUS.TO Omega Ratio Rank: 70
FLUS.TO Calmar Ratio Rank: 60
FLUS.TO Martin Ratio Rank: 62

XUU-U.TO

XUU-U.TO Risk / Return Rank: 72
XUU-U.TO Sharpe Ratio Rank: 71
XUU-U.TO Sortino Ratio Rank: 69
XUU-U.TO Omega Ratio Rank: 81
XUU-U.TO Calmar Ratio Rank: 64
XUU-U.TO Martin Ratio Rank: 77

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.

FLUS.TO vs. XUU-U.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin U.S. Large Cap Multifactor Index ETF (FLUS.TO) and iShares Core S&P U.S. Total Market Index ETF (XUU-U.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.

	FLUS.TO	XUU-U.TO	Difference
Sharpe ratio: Return per unit of total volatility	2.05	2.51	-0.46
Sortino ratio: Return per unit of downside risk	2.93	3.34	-0.42
Omega ratio: Gain probability vs. loss probability	1.41	1.49	-0.07
Calmar ratio: Return relative to maximum drawdown	2.92	3.49	-0.57
Martin ratio: Return relative to average drawdown	10.86	13.31	-2.45
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FLUS.TO vs. XUU-U.TO - Sharpe Ratio Comparison

The current FLUS.TO Sharpe Ratio is 2.05, which is comparable to the XUU-U.TO Sharpe Ratio of 2.51. The chart below compares the historical Sharpe Ratios of FLUS.TO and XUU-U.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.

Sharpe Ratios by Period

	FLUS.TO	XUU-U.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.05	2.51	-0.46
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.15	0.97	+0.18
Sharpe Ratio (All Time) Calculated using the full available price history	0.95	0.96	-0.02

Drawdowns

FLUS.TO vs. XUU-U.TO - Drawdown Comparison

The maximum FLUS.TO drawdown since its inception was -28.25%, which is greater than XUU-U.TO's maximum drawdown of -24.77%. Use the drawdown chart below to compare losses from any high point for FLUS.TO and XUU-U.TO.

Drawdown Indicators

	FLUS.TO	XUU-U.TO	Difference
Max Drawdown Largest peak-to-trough decline	-28.25%	-24.77%	-3.48%
Max Drawdown (1Y) Largest decline over 1 year	-9.24%	-8.58%	-0.66%
Max Drawdown (3Y) Largest decline over 3 years	-18.83%	-20.06%	+1.23%
Max Drawdown (5Y) Largest decline over 5 years	-19.13%	-22.68%	+3.55%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-3.65%	-4.88%	+1.23%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.48%	2.25%	+0.23%

Volatility

FLUS.TO vs. XUU-U.TO - Volatility Comparison

Franklin U.S. Large Cap Multifactor Index ETF (FLUS.TO) has a higher volatility of 4.00% compared to iShares Core S&P U.S. Total Market Index ETF (XUU-U.TO) at 2.86%. This indicates that FLUS.TO's price experiences larger fluctuations and is considered to be riskier than XUU-U.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FLUS.TO	XUU-U.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.00%	2.86%	+1.14%
Volatility (6M) Calculated over the trailing 6-month period	10.68%	9.19%	+1.49%
Volatility (1Y) Calculated over the trailing 1-year period	13.18%	11.93%	+1.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.63%	16.25%	-1.62%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.84%	17.36%	-1.52%

FLUS.TO vs. XUU-U.TO - Expense Ratio Comparison

FLUS.TO has a 0.29% expense ratio, which is higher than XUU-U.TO's 0.08% expense ratio.

Dividends

FLUS.TO vs. XUU-U.TO - Dividend Comparison

FLUS.TO's dividend yield for the trailing twelve months is around 0.62%, less than XUU-U.TO's 0.74% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
FLUS.TO Franklin U.S. Large Cap Multifactor Index ETF	0.62%	0.73%	0.91%	1.20%	1.72%	1.74%	1.62%	1.83%	1.66%	0.51%
XUU-U.TO iShares Core S&P U.S. Total Market Index ETF	0.74%	0.83%	0.76%	0.85%	1.01%	0.77%	0.90%	0.38%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FLUS.TO and XUU-U.TO in my portfolio?

FLUS.TO and XUU-U.TO have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, FLUS.TO or XUU-U.TO?

On fees, XUU-U.TO is cheaper at 0.08% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, FLUS.TO or XUU-U.TO?

XUU-U.TO is cheaper with a 0.08% expense ratio, compared with 0.29% for FLUS.TO.

What is the main difference between FLUS.TO and XUU-U.TO?

FLUS.TO tracks LibertyQ U.S. Large Cap Equity Index, while XUU-U.TO tracks S&P Total Market Index. They also come from different issuers: Franklin and iShares. Their fees differ too: 0.29% for FLUS.TO and 0.08% for XUU-U.TO.