RID.TO vs. FLVI.NEO
RID.TO (RBC Quant EAFE Dividend Leaders ETF CAD) and FLVI.NEO (Franklin International Low Volatility High Dividend Index ETF) are both International Equity funds. RID.TO is actively managed, while FLVI.NEO is passively managed. Over the past year, RID.TO returned 32.72% vs 27.01% for FLVI.NEO. A 0.54 correlation means they provide meaningful diversification when combined.
Performance
RID.TO vs. FLVI.NEO - Performance Comparison
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Returns By Period
In the year-to-date period, RID.TO achieves a 16.07% return, which is significantly higher than FLVI.NEO's 13.01% return.
RID.TO
- 1D
- 0.13%
- 1M
- 0.58%
- 6M
- 10.88%
- YTD
- 16.07%
- 1Y
- 32.72%
- 3Y*
- 22.79%
- 5Y*
- 13.70%
- 10Y*
- 10.01%
FLVI.NEO
- 1D
- 0.35%
- 1M
- 1.50%
- 6M
- 9.35%
- YTD
- 13.01%
- 1Y
- 27.01%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
RID.TO vs. FLVI.NEO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
RID.TO RBC Quant EAFE Dividend Leaders ETF CAD | 16.07% | 33.82% | 4.54% |
FLVI.NEO Franklin International Low Volatility High Dividend Index ETF | 13.01% | 33.34% | 9.70% |
Correlation
The correlation between RID.TO and FLVI.NEO is 0.74, 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 | 0.74 |
Correlation (All Time) Calculated using the full available price history since Mar 25, 2024 | 0.54 |
The correlation between RID.TO and FLVI.NEO shifts across timeframes, from 0.54 (all time) to 0.74 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
RID.TO vs. FLVI.NEO — Risk / Return Rank
RID.TO
FLVI.NEO
RID.TO vs. FLVI.NEO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for RBC Quant EAFE Dividend Leaders ETF CAD (RID.TO) and Franklin International Low Volatility High Dividend Index ETF (FLVI.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.
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.
| RID.TO | FLVI.NEO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.52 | ||
| Sortino ratioReturn per unit of downside risk | -0.76 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.51 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | 3.34 | 3.53 | -0.20 |
| Martin ratioReturn relative to average drawdown | 13.44 | 13.23 | +0.21 |
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Drawdowns
RID.TO vs. FLVI.NEO - Drawdown Comparison
The maximum RID.TO drawdown since its inception was -28.74%, which is greater than FLVI.NEO's maximum drawdown of -11.90%. Use the drawdown chart below to compare losses from any high point for RID.TO and FLVI.NEO.
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Drawdown Indicators
| RID.TO | FLVI.NEO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.74% | -11.90% | -16.84% |
Max Drawdown (1Y)Largest decline over 1 year | -9.85% | -7.71% | -2.14% |
Max Drawdown (3Y)Largest decline over 3 years | -15.23% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -23.88% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -28.74% | — | — |
Current DrawdownCurrent decline from peak | -2.31% | 0.00% | -2.31% |
Average DrawdownAverage peak-to-trough decline | -4.45% | -1.54% | -2.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.44% | 2.05% | +0.39% |
Volatility
RID.TO vs. FLVI.NEO - Volatility Comparison
RBC Quant EAFE Dividend Leaders ETF CAD (RID.TO) has a higher volatility of 4.23% compared to Franklin International Low Volatility High Dividend Index ETF (FLVI.NEO) at 2.11%. This indicates that RID.TO's price experiences larger fluctuations and is considered to be riskier than FLVI.NEO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RID.TO | FLVI.NEO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.23% | 2.11% | +2.12% |
Volatility (6M)Calculated over the trailing 6-month period | 12.09% | 7.98% | +4.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.95% | 10.06% | +4.89% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.10% | 12.67% | +1.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.98% | 12.67% | +2.31% |
Dividends
RID.TO vs. FLVI.NEO - Dividend Comparison
RID.TO's dividend yield for the trailing twelve months is around 2.84%, more than FLVI.NEO's 2.76% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% | 0.00% | 0.00% |
RID.TO RBC Quant EAFE Dividend Leaders ETF CAD | 2.84% | 3.03% | 3.52% | 3.76% | 4.09% | 2.65% | 3.54% | 4.14% | 4.57% | 3.00% | 3.35% | 3.22% |
Frequently Asked Questions
RID.TO and FLVI.NEO have a correlation of 0.74, 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: RBC and Franklin Templeton.
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