TILV.TO vs. FLUR.NEO

Last updated Jun 4, 2026

TILV.TO (TD Q International Low Volatility ETF) and FLUR.NEO (Franklin International Equity Index ETF) are both Foreign Large Cap Equities funds. TILV.TO is actively managed, while FLUR.NEO is passively managed. Over the past 5 years, TILV.TO returned 10.23%/yr vs 11.12%/yr for FLUR.NEO. At a 0.38 correlation, their price movements are largely independent. TILV.TO charges 0.40%/yr vs 0.27%/yr for FLUR.NEO.

Performance

TILV.TO vs. FLUR.NEO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in TD Q International Low Volatility ETF (TILV.TO) 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, TILV.TO achieves a 6.87% return, which is significantly lower than FLUR.NEO's 10.14% return.

TILV.TO

• 1D: -0.05%
• 1M: 0.99%
• YTD: 6.87%
• 6M: 6.51%
• 1Y: 13.37%
• 3Y*: 14.53%
• 5Y*: 10.23%
• 10Y*: —

FLUR.NEO

• 1D: -0.65%
• 1M: 4.00%
• YTD: 10.14%
• 6M: 10.78%
• 1Y: 23.20%
• 3Y*: 18.11%
• 5Y*: 11.12%
• 10Y*: —

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

TILV.TO vs. FLUR.NEO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
TILV.TO TD Q International Low Volatility ETF	6.87%	19.69%	13.19%	8.85%	-4.94%	14.06%	-5.88%	4.32%
FLUR.NEO Franklin International Equity Index ETF	10.14%	25.68%	12.42%	12.87%	-9.30%	14.74%	9.77%	7.32%

Correlation

The correlation between TILV.TO and FLUR.NEO is 0.66, 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	0.66
Correlation (3Y) Calculated over the trailing 3-year period	0.58
Correlation (5Y) Calculated over the trailing 5-year period	0.45
Correlation (All Time) Calculated using the full available price history since May 13, 2019	0.38

Over the past year, TILV.TO and FLUR.NEO have become more correlated (0.66) than their long-term average of 0.38, meaning their price movements have been converging.

Return for Risk

TILV.TO vs. FLUR.NEO — Risk / Return Rank

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

TILV.TO

TILV.TO Risk / Return Rank: 36
TILV.TO Sharpe Ratio Rank: 34
TILV.TO Sortino Ratio Rank: 32
TILV.TO Omega Ratio Rank: 35
TILV.TO Calmar Ratio Rank: 38
TILV.TO Martin Ratio Rank: 40

FLUR.NEO

FLUR.NEO Risk / Return Rank: 47
FLUR.NEO Sharpe Ratio Rank: 46
FLUR.NEO Sortino Ratio Rank: 45
FLUR.NEO Omega Ratio Rank: 50
FLUR.NEO Calmar Ratio Rank: 43
FLUR.NEO 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.

TILV.TO vs. FLUR.NEO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TD Q International Low Volatility ETF (TILV.TO) 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.

	TILV.TO	FLUR.NEO	Difference
Sharpe ratio: Return per unit of total volatility	1.21	1.58	-0.37
Sortino ratio: Return per unit of downside risk	1.69	2.19	-0.50
Omega ratio: Gain probability vs. loss probability	1.23	1.31	-0.08
Calmar ratio: Return relative to maximum drawdown	1.89	2.08	-0.19
Martin ratio: Return relative to average drawdown	6.15	8.04	-1.89
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TILV.TO vs. FLUR.NEO - Sharpe Ratio Comparison

The current TILV.TO Sharpe Ratio is 1.21, which is comparable to the FLUR.NEO Sharpe Ratio of 1.58. The chart below compares the historical Sharpe Ratios of TILV.TO 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

	TILV.TO	FLUR.NEO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.21	1.58	-0.37
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.03	0.75	+0.28
Sharpe Ratio (All Time) Calculated using the full available price history	0.65	0.71	-0.06

Drawdowns

TILV.TO vs. FLUR.NEO - Drawdown Comparison

The maximum TILV.TO drawdown since its inception was -26.64%, smaller than the maximum FLUR.NEO drawdown of -30.20%. Use the drawdown chart below to compare losses from any high point for TILV.TO and FLUR.NEO.

Drawdown Indicators

	TILV.TO	FLUR.NEO	Difference
Max Drawdown Largest peak-to-trough decline	-26.64%	-30.20%	+3.56%
Max Drawdown (1Y) Largest decline over 1 year	-7.11%	-11.21%	+4.10%
Max Drawdown (3Y) Largest decline over 3 years	-7.62%	-14.64%	+7.02%
Max Drawdown (5Y) Largest decline over 5 years	-16.32%	-26.55%	+10.23%
Current Drawdown Current decline from peak	-4.73%	-2.15%	-2.58%
Average Drawdown Average peak-to-trough decline	-4.28%	-4.83%	+0.55%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.18%	2.89%	-0.71%

Volatility

TILV.TO vs. FLUR.NEO - Volatility Comparison

TD Q International Low Volatility ETF (TILV.TO) and Franklin International Equity Index ETF (FLUR.NEO) have volatilities of 5.45% and 5.55%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TILV.TO	FLUR.NEO	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.45%	5.55%	-0.10%
Volatility (6M) Calculated over the trailing 6-month period	9.29%	11.27%	-1.98%
Volatility (1Y) Calculated over the trailing 1-year period	11.13%	14.75%	-3.62%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.04%	15.01%	-4.97%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.67%	16.96%	-5.29%

TILV.TO vs. FLUR.NEO - Expense Ratio Comparison

TILV.TO has a 0.40% expense ratio, which is higher than FLUR.NEO's 0.27% expense ratio.

Dividends

TILV.TO vs. FLUR.NEO - Dividend Comparison

TILV.TO's dividend yield for the trailing twelve months is around 2.95%, more than FLUR.NEO's 2.18% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
FLUR.NEO Franklin International Equity Index ETF	2.18%	2.40%	2.76%	2.71%	4.16%	1.85%	1.97%	3.07%
TILV.TO TD Q International Low Volatility ETF	2.95%	3.08%	3.34%	3.51%	2.81%	2.78%	2.99%	2.10%

Frequently Asked Questions

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

TILV.TO and FLUR.NEO have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TILV.TO or FLUR.NEO?

On fees, FLUR.NEO is cheaper at 0.27% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TILV.TO or FLUR.NEO?

FLUR.NEO is cheaper with a 0.27% expense ratio, compared with 0.40% for TILV.TO.

What is the main difference between TILV.TO and FLUR.NEO?

They also come from different issuers: TD and Franklin Templeton. Their fees differ too: 0.40% for TILV.TO and 0.27% for FLUR.NEO.