FLVI.NEO vs. GRO.TO

Last updated Apr 2, 2026

Compare and contrast key facts about Franklin International Low Volatility High Dividend Index ETF (FLVI.NEO) and Franklin Growth ETF Portfolio (GRO.TO).

FLVI.NEO and GRO.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FLVI.NEO is a passively managed fund by Franklin Templeton that tracks the performance of the Franklin International ex North America Low Volatility High Dividend Index. It was launched on Mar 25, 2024. GRO.TO is an actively managed fund by Franklin Templeton. It was launched on Feb 20, 2019.

Performance

FLVI.NEO vs. GRO.TO - 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 Growth ETF Portfolio (GRO.TO). The values are adjusted to include any dividend payments, if applicable.

FLVI.NEO vs. GRO.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024
FLVI.NEO Franklin International Low Volatility High Dividend Index ETF	7.35%	33.34%	5.08%
GRO.TO Franklin Growth ETF Portfolio	-1.72%	11.09%	15.17%

Returns By Period

In the year-to-date period, FLVI.NEO achieves a 7.35% return, which is significantly higher than GRO.TO's -1.72% return.

FLVI.NEO

• 1D: 0.80%
• 1M: -1.06%
• YTD: 7.35%
• 6M: 13.01%
• 1Y: 27.56%
• 3Y*: —
• 5Y*: —
• 10Y*: —

GRO.TO

• 1D: 0.68%
• 1M: -5.17%
• YTD: -1.72%
• 6M: 0.69%
• 1Y: 13.94%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FLVI.NEO vs. GRO.TO - Expense Ratio Comparison

GRO.TO

Franklin Growth ETF Portfolio

Return for Risk

FLVI.NEO vs. GRO.TO — 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: 87
FLVI.NEO Sharpe Ratio Rank: 87
FLVI.NEO Sortino Ratio Rank: 91
FLVI.NEO Omega Ratio Rank: 91
FLVI.NEO Calmar Ratio Rank: 84
FLVI.NEO Martin Ratio Rank: 82

GRO.TO

GRO.TO Risk / Return Rank: 57
GRO.TO Sharpe Ratio Rank: 47
GRO.TO Sortino Ratio Rank: 45
GRO.TO Omega Ratio Rank: 97
GRO.TO Calmar Ratio Rank: 47
GRO.TO Martin Ratio Rank: 49

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. GRO.TO - 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 Growth ETF Portfolio (GRO.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.

	FLVI.NEO	GRO.TO	Difference
Sharpe ratio Return per unit of total volatility	1.91	0.94	+0.97
Sortino ratio Return per unit of downside risk	2.70	1.35	+1.35
Omega ratio Gain probability vs. loss probability	1.41	1.62	-0.21
Calmar ratio Return relative to maximum drawdown	2.70	1.43	+1.27
Martin ratio Return relative to average drawdown	10.11	5.43	+4.68
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. GRO.TO - Sharpe Ratio Comparison

The current FLVI.NEO Sharpe Ratio is 1.91, which is higher than the GRO.TO Sharpe Ratio of 0.94. The chart below compares the historical Sharpe Ratios of FLVI.NEO and GRO.TO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	FLVI.NEO	GRO.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.91	0.94	+0.97
Sharpe Ratio (All Time) Calculated using the full available price history	1.94	1.09	+0.84

Correlation

The correlation between FLVI.NEO and GRO.TO is 0.01, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

FLVI.NEO vs. GRO.TO - Dividend Comparison

FLVI.NEO's dividend yield for the trailing twelve months is around 2.37%, which matches GRO.TO's 2.36% yield.

	TTM	2025	2024
FLVI.NEO Franklin International Low Volatility High Dividend Index ETF	2.37%	3.07%	3.84%
GRO.TO Franklin Growth ETF Portfolio	2.36%	2.04%	1.50%

Drawdowns

FLVI.NEO vs. GRO.TO - Drawdown Comparison

The maximum FLVI.NEO drawdown since its inception was -11.90%, smaller than the maximum GRO.TO drawdown of -12.96%. Use the drawdown chart below to compare losses from any high point for FLVI.NEO and GRO.TO.

Drawdown Indicators

	FLVI.NEO	GRO.TO	Difference
Max Drawdown Largest peak-to-trough decline	-11.90%	-12.96%	+1.06%
Max Drawdown (1Y) Largest decline over 1 year	-10.04%	-9.16%	-0.88%
Current Drawdown Current decline from peak	-3.06%	-5.17%	+2.11%
Average Drawdown Average peak-to-trough decline	-1.55%	-1.36%	-0.19%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.68%	2.40%	+0.28%

Volatility

FLVI.NEO vs. GRO.TO - Volatility Comparison

The current volatility for Franklin International Low Volatility High Dividend Index ETF (FLVI.NEO) is 4.40%, while Franklin Growth ETF Portfolio (GRO.TO) has a volatility of 5.42%. This indicates that FLVI.NEO experiences smaller price fluctuations and is considered to be less risky than GRO.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FLVI.NEO	GRO.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.40%	5.42%	-1.02%
Volatility (6M) Calculated over the trailing 6-month period	7.50%	6.85%	+0.65%
Volatility (1Y) Calculated over the trailing 1-year period	14.50%	14.94%	-0.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.01%	12.43%	+0.58%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.01%	12.43%	+0.58%