RY.TO vs. FLVI.NEO
RY.TO (Royal Bank of Canada) is a stock, while FLVI.NEO (Franklin International Low Volatility High Dividend Index ETF) is International Equity fund tracking the Franklin International ex North America Low Volatility High Dividend Index. Over the past year, RY.TO returned 60.20% vs 24.82% for FLVI.NEO. At a 0.30 correlation, their price movements are largely independent.
Performance
RY.TO vs. FLVI.NEO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, RY.TO achieves a 17.41% return, which is significantly higher than FLVI.NEO's 9.50% return.
RY.TO
- 1D
- 1.93%
- 1M
- 11.42%
- YTD
- 17.41%
- 6M
- 22.61%
- 1Y
- 60.20%
- 3Y*
- 34.92%
- 5Y*
- 20.83%
- 10Y*
- 17.44%
FLVI.NEO
- 1D
- 0.51%
- 1M
- 1.79%
- YTD
- 9.50%
- 6M
- 9.54%
- 1Y
- 24.82%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
RY.TO vs. FLVI.NEO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
RY.TO Royal Bank of Canada | 17.41% | 39.60% | 31.93% |
FLVI.NEO Franklin International Low Volatility High Dividend Index ETF | 9.50% | 33.34% | 9.70% |
Correlation
The correlation between RY.TO and FLVI.NEO is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.33 |
Correlation (All Time) Calculated using the full available price history since Mar 26, 2024 | 0.30 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
RY.TO vs. FLVI.NEO — Risk / Return Rank
RY.TO
FLVI.NEO
RY.TO vs. FLVI.NEO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Royal Bank of Canada (RY.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.
| RY.TO | FLVI.NEO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.22 | ||
| Sortino ratioReturn per unit of downside risk | +3.25 | ||
| Omega ratioGain probability vs. loss probability | 1.80 | 1.43 | +0.38 |
| Calmar ratioReturn relative to maximum drawdown | 7.45 | 3.23 | +4.21 |
| Martin ratioReturn relative to average drawdown | 27.64 | 10.80 | +16.84 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| RY.TO | FLVI.NEO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 4.39 | 2.16 | +2.22 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.40 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.02 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.46 | 1.88 | -1.42 |
Drawdowns
RY.TO vs. FLVI.NEO - Drawdown Comparison
The maximum RY.TO drawdown since its inception was -70.56%, 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 RY.TO and FLVI.NEO.
Loading charts...
Drawdown Indicators
| RY.TO | FLVI.NEO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -70.56% | -11.90% | -58.66% |
Max Drawdown (1Y)Largest decline over 1 year | -8.12% | -7.71% | -0.41% |
Max Drawdown (3Y)Largest decline over 3 years | -16.00% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -21.21% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -33.84% | — | — |
Current DrawdownCurrent decline from peak | 0.00% | -1.13% | +1.13% |
Average DrawdownAverage peak-to-trough decline | -20.93% | -1.58% | -19.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.18% | 2.30% | -0.12% |
Volatility
RY.TO vs. FLVI.NEO - Volatility Comparison
Royal Bank of Canada (RY.TO) has a higher volatility of 4.83% compared to Franklin International Low Volatility High Dividend Index ETF (FLVI.NEO) at 3.00%. This indicates that RY.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.
Loading charts...
Volatility by Period
| RY.TO | FLVI.NEO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.83% | 3.00% | +1.83% |
Volatility (6M)Calculated over the trailing 6-month period | 10.68% | 7.77% | +2.91% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.80% | 11.53% | +2.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.94% | 12.82% | +2.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.27% | 12.82% | +4.45% |
Dividends
RY.TO vs. FLVI.NEO - Dividend Comparison
RY.TO's dividend yield for the trailing twelve months is around 2.35%, which matches FLVI.NEO's 2.33% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FLVI.NEO Franklin International Low Volatility High Dividend Index ETF | 2.33% | 3.07% | 3.84% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
RY.TO Royal Bank of Canada | 2.35% | 2.58% | 3.23% | 3.99% | 3.90% | 3.22% | 4.10% | 3.96% | 4.03% | 3.39% | 3.57% | 4.15% |
Frequently Asked Questions
RY.TO and FLVI.NEO have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for RY.TO and FLVI.NEO
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer