FLVI.NEO vs. MINT.TO
FLVI.NEO (Franklin International Low Volatility High Dividend Index ETF) and MINT.TO (Manulife Multifactor Developed International Index ETF) are both International Equity funds. FLVI.NEO is passively managed, while MINT.TO is actively managed. Over the past year, FLVI.NEO returned 27.01% vs 24.81% for MINT.TO. At a 0.38 correlation, their price movements are largely independent.
Performance
FLVI.NEO vs. MINT.TO - Performance Comparison
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Returns By Period
In the year-to-date period, FLVI.NEO achieves a 13.01% return, which is significantly higher than MINT.TO's 11.34% return.
FLVI.NEO
- 1D
- 0.35%
- 1M
- 1.50%
- 6M
- 9.35%
- YTD
- 13.01%
- 1Y
- 27.01%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
MINT.TO
- 1D
- -0.31%
- 1M
- 1.05%
- 6M
- 7.53%
- YTD
- 11.34%
- 1Y
- 24.81%
- 3Y*
- 17.42%
- 5Y*
- 12.51%
- 10Y*
- —
FLVI.NEO vs. MINT.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
FLVI.NEO Franklin International Low Volatility High Dividend Index ETF | 13.01% | 33.34% | 9.70% |
MINT.TO Manulife Multifactor Developed International Index ETF | 11.34% | 23.42% | 1.23% |
Correlation
The correlation between FLVI.NEO and MINT.TO is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.49 |
Correlation (All Time) Calculated using the full available price history since Mar 25, 2024 | 0.38 |
The correlation between FLVI.NEO and MINT.TO shifts across timeframes, from 0.38 (all time) to 0.49 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
FLVI.NEO vs. MINT.TO — Risk / Return Rank
FLVI.NEO
MINT.TO
FLVI.NEO vs. MINT.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 Manulife Multifactor Developed International Index ETF (MINT.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.
| FLVI.NEO | MINT.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.86 | ||
| Sortino ratioReturn per unit of downside risk | +1.04 | ||
| Omega ratioGain probability vs. loss probability | 1.51 | 1.37 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | 3.53 | 2.74 | +0.80 |
| Martin ratioReturn relative to average drawdown | 13.23 | 10.51 | +2.72 |
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Drawdowns
FLVI.NEO vs. MINT.TO - Drawdown Comparison
The maximum FLVI.NEO drawdown since its inception was -11.90%, smaller than the maximum MINT.TO drawdown of -32.97%. Use the drawdown chart below to compare losses from any high point for FLVI.NEO and MINT.TO.
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Drawdown Indicators
| FLVI.NEO | MINT.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -11.90% | -32.97% | +21.07% |
Max Drawdown (1Y)Largest decline over 1 year | -7.71% | -9.11% | +1.40% |
Max Drawdown (3Y)Largest decline over 3 years | — | -13.76% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -18.04% | — |
Current DrawdownCurrent decline from peak | 0.00% | -1.34% | +1.34% |
Average DrawdownAverage peak-to-trough decline | -1.54% | -4.17% | +2.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.05% | 2.37% | -0.32% |
Volatility
FLVI.NEO vs. MINT.TO - Volatility Comparison
The current volatility for Franklin International Low Volatility High Dividend Index ETF (FLVI.NEO) is 2.11%, while Manulife Multifactor Developed International Index ETF (MINT.TO) has a volatility of 3.95%. This indicates that FLVI.NEO experiences smaller price fluctuations and is considered to be less risky than MINT.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FLVI.NEO | MINT.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.11% | 3.95% | -1.84% |
Volatility (6M)Calculated over the trailing 6-month period | 7.98% | 11.53% | -3.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.06% | 13.39% | -3.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.67% | 14.66% | -1.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.67% | 16.63% | -3.96% |
Dividends
FLVI.NEO vs. MINT.TO - Dividend Comparison
FLVI.NEO's dividend yield for the trailing twelve months is around 2.76%, less than MINT.TO's 2.86% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
FLVI.NEO Franklin International Low Volatility High Dividend Index ETF | 2.76% | 3.07% | 3.84% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MINT.TO Manulife Multifactor Developed International Index ETF | 2.86% | 5.86% | 2.14% | 2.81% | 2.84% | 2.55% | 1.60% | 2.70% | 2.76% | 1.36% |
Frequently Asked Questions
FLVI.NEO and MINT.TO have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
They also come from different issuers: Franklin Templeton and Manulife.
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