FLVI.NEO vs. FLUR.NEO

Last updated Jun 5, 2026

FLVI.NEO (Franklin International Low Volatility High Dividend Index ETF) and FLUR.NEO (Franklin International Equity Index ETF) are both exchange-traded funds - FLVI.NEO is a International Equity fund tracking the Franklin International ex North America Low Volatility High Dividend Index, while FLUR.NEO is a Foreign Large Cap Equities fund tracking the Solactive GBS Developed Markets ex North America Large & Mid Cap CAD Index-NR. Both are passively managed. Over the past year, FLVI.NEO returned 24.82% vs 23.83% for FLUR.NEO. A 0.63 correlation means they provide meaningful diversification when combined.

Performance

FLVI.NEO vs. FLUR.NEO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Franklin International Low Volatility High Dividend Index ETF (FLVI.NEO) and Franklin International Equity Index ETF (FLUR.NEO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FLVI.NEO achieves a 9.50% return, which is significantly lower than FLUR.NEO's 10.78% return.

FLVI.NEO

• 1D: 0.51%
• 1M: 1.79%
• YTD: 9.50%
• 6M: 9.54%
• 1Y: 24.82%
• 3Y*: —
• 5Y*: —
• 10Y*: —

FLUR.NEO

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

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

FLVI.NEO vs. FLUR.NEO - Yearly Performance Comparison

	2026 (YTD)	2025	2024
FLVI.NEO Franklin International Low Volatility High Dividend Index ETF	9.50%	33.34%	9.70%
FLUR.NEO Franklin International Equity Index ETF	10.78%	25.68%	3.22%

Correlation

The correlation between FLVI.NEO and FLUR.NEO is 0.77, 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	0.77
Correlation (All Time) Calculated using the full available price history since Mar 26, 2024	0.63

The correlation between FLVI.NEO and FLUR.NEO shifts across timeframes, from 0.63 (all time) to 0.77 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

FLVI.NEO vs. FLUR.NEO — Risk / Return Rank

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

FLVI.NEO

FLVI.NEO Risk / Return Rank: 67
FLVI.NEO Sharpe Ratio Rank: 67
FLVI.NEO Sortino Ratio Rank: 67
FLVI.NEO Omega Ratio Rank: 73
FLVI.NEO Calmar Ratio Rank: 66
FLVI.NEO Martin Ratio Rank: 61

FLUR.NEO

FLUR.NEO Risk / Return Rank: 48
FLUR.NEO Sharpe Ratio Rank: 48
FLUR.NEO Sortino Ratio Rank: 46
FLUR.NEO Omega Ratio Rank: 51
FLUR.NEO Calmar Ratio Rank: 45
FLUR.NEO Martin Ratio Rank: 50

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.

FLVI.NEO vs. FLUR.NEO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin International Low Volatility High Dividend Index ETF (FLVI.NEO) and Franklin International Equity Index ETF (FLUR.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.

	FLVI.NEO	FLUR.NEO	Difference
Sharpe ratio: Return per unit of total volatility	2.16	1.62	+0.54
Sortino ratio: Return per unit of downside risk	3.04	2.24	+0.80
Omega ratio: Gain probability vs. loss probability	1.43	1.31	+0.11
Calmar ratio: Return relative to maximum drawdown	3.23	2.13	+1.10
Martin ratio: Return relative to average drawdown	10.80	8.26	+2.54
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FLVI.NEO vs. FLUR.NEO - Sharpe Ratio Comparison

The current FLVI.NEO Sharpe Ratio is 2.16, which is higher than the FLUR.NEO Sharpe Ratio of 1.62. The chart below compares the historical Sharpe Ratios of FLVI.NEO and FLUR.NEO, 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

	FLVI.NEO	FLUR.NEO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.16	1.62	+0.54
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.75	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.88	0.72	+1.16

Drawdowns

FLVI.NEO vs. FLUR.NEO - Drawdown Comparison

The maximum FLVI.NEO drawdown since its inception was -11.90%, smaller than the maximum FLUR.NEO drawdown of -30.20%. Use the drawdown chart below to compare losses from any high point for FLVI.NEO and FLUR.NEO.

Drawdown Indicators

	FLVI.NEO	FLUR.NEO	Difference
Max Drawdown Largest peak-to-trough decline	-11.90%	-30.20%	+18.30%
Max Drawdown (1Y) Largest decline over 1 year	-7.71%	-11.21%	+3.50%
Max Drawdown (3Y) Largest decline over 3 years	—	-14.64%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-26.55%	—
Current Drawdown Current decline from peak	-1.13%	-1.59%	+0.46%
Average Drawdown Average peak-to-trough decline	-1.58%	-4.83%	+3.25%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.30%	2.89%	-0.59%

Volatility

FLVI.NEO vs. FLUR.NEO - Volatility Comparison

The current volatility for Franklin International Low Volatility High Dividend Index ETF (FLVI.NEO) is 3.00%, while Franklin International Equity Index ETF (FLUR.NEO) has a volatility of 5.56%. This indicates that FLVI.NEO experiences smaller price fluctuations and is considered to be less risky than FLUR.NEO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FLVI.NEO	FLUR.NEO	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.00%	5.56%	-2.56%
Volatility (6M) Calculated over the trailing 6-month period	7.77%	11.28%	-3.51%
Volatility (1Y) Calculated over the trailing 1-year period	11.53%	14.75%	-3.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.82%	15.01%	-2.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.82%	16.95%	-4.13%

Dividends

FLVI.NEO vs. FLUR.NEO - Dividend Comparison

FLVI.NEO's dividend yield for the trailing twelve months is around 2.33%, more than FLUR.NEO's 2.17% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
FLUR.NEO Franklin International Equity Index ETF	2.17%	2.40%	2.76%	2.71%	4.16%	1.85%	1.97%	3.07%
FLVI.NEO Franklin International Low Volatility High Dividend Index ETF	2.33%	3.07%	3.84%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FLVI.NEO and FLUR.NEO in my portfolio?

FLVI.NEO and FLUR.NEO have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

What is the main difference between FLVI.NEO and FLUR.NEO?

FLVI.NEO is categorized as International Equity, while FLUR.NEO is Foreign Large Cap Equities. FLVI.NEO tracks Franklin International ex North America Low Volatility High Dividend Index, while FLUR.NEO tracks Solactive GBS Developed Markets ex North America Large & Mid Cap CAD Index-NR.