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XID.TO vs. FLIN
Performance
Return for Risk
Drawdowns
Volatility
Dividends

XID.TO vs. FLIN

Last updated Jun 4, 2026

XID.TO (iShares India Index ETF) and FLIN (Franklin FTSE India ETF) are both Asia Pacific Equities funds - XID.TO tracks the Morningstar Gbl GR CAD while FLIN tracks the FTSE India RIC Capped Index. Both are passively managed. Over the past 5 years, XID.TO returned 3.77%/yr vs 6.51%/yr for FLIN. Their correlation of 0.83 suggests significant overlap in exposure. XID.TO charges 1.08%/yr vs 0.19%/yr for FLIN.

Performance

XID.TO vs. FLIN - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in iShares India Index ETF (XID.TO) and Franklin FTSE India ETF (FLIN). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

XID.TO is traded in CAD, while FLIN is traded in USD. To make them comparable, the FLIN values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, XID.TO achieves a -14.17% return, which is significantly lower than FLIN's -10.80% return.

XID.TO

1D
-0.95%
1M
-1.28%
YTD
-14.17%
6M
-14.49%
1Y
-13.67%
3Y*
2.43%
5Y*
3.77%
10Y*
6.69%

FLIN

1D
-1.10%
1M
-0.63%
YTD
-10.80%
6M
-11.20%
1Y
-10.49%
3Y*
6.76%
5Y*
6.51%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

XID.TO vs. FLIN - Yearly Performance Comparison

2026 (YTD)20252024202320222021202020192018
XID.TO
iShares India Index ETF		-14.17%-0.28%12.36%14.07%-0.64%17.51%7.86%4.33%6.99%
FLIN
Franklin FTSE India ETF		-10.80%-2.30%19.81%17.93%-1.40%23.83%12.57%-0.38%1.03%

Correlation

The correlation between XID.TO and FLIN is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.90

Correlation (3Y)
Calculated over the trailing 3-year period

0.87

Correlation (5Y)
Calculated over the trailing 5-year period

0.83

Correlation (All Time)
Calculated using the full available price history since Feb 9, 2018

0.83

The correlation between XID.TO and FLIN has been stable across timeframes, ranging from 0.83 to 0.90 - a consistent structural relationship.

XID.TO vs. FLIN - Sectors Allocation Comparison

Sectors
XID.TO
FLIN

Financial Services

35.4%
27.2%

Energy

11.3%
9.5%

Consumer Cyclical

10.8%
12.0%

Technology

8.5%
8.4%

Industrials

7.7%
10.3%

Basic Materials

7.3%
9.2%

Consumer Defensive

6.2%
5.8%

Communication Services

5.2%
4.6%

Healthcare

4.5%
6.5%

Utilities

3.0%
5.3%

Real Estate

-

1.3%

Financial Services

XID.TO
35.4%
FLIN
27.2%

Energy

XID.TO
11.3%
FLIN
9.5%

Consumer Cyclical

XID.TO
10.8%
FLIN
12.0%

Technology

XID.TO
8.5%
FLIN
8.4%

Industrials

XID.TO
7.7%
FLIN
10.3%

Basic Materials

XID.TO
7.3%
FLIN
9.2%

Consumer Defensive

XID.TO
6.2%
FLIN
5.8%

Communication Services

XID.TO
5.2%
FLIN
4.6%

Healthcare

XID.TO
4.5%
FLIN
6.5%

Utilities

XID.TO
3.0%
FLIN
5.3%

Real Estate

XID.TO

-

FLIN
1.3%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares India Index ETF

Franklin FTSE India ETF

Often compared with XID.TO:
XID.TO vs. ZID.TOXID.TO vs. NFTYXID.TO vs. GLINXID.TO vs. VOOXID.TO vs. VGRO.TOXID.TO vs. ZCN.TOXID.TO vs. ^GSPC
Often compared with FLIN:
FLIN vs. INDAFLIN vs. EPIFLIN vs. NFTYFLIN vs. INDYFLIN vs. FRIN.LFLIN vs. SMINFLIN vs. GLIN

Return for Risk

XID.TO vs. FLIN — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
XID.TO
XID.TO Risk / Return Rank: 22
Overall Rank
XID.TO Sharpe Ratio Rank: 22
Sharpe Ratio Rank
XID.TO Sortino Ratio Rank: 22
Sortino Ratio Rank
XID.TO Omega Ratio Rank: 22
Omega Ratio Rank
XID.TO Calmar Ratio Rank: 33
Calmar Ratio Rank
XID.TO Martin Ratio Rank: 11
Martin Ratio Rank
FLIN
FLIN Risk / Return Rank: 22
Overall Rank
FLIN Sharpe Ratio Rank: 33
Sharpe Ratio Rank
FLIN Sortino Ratio Rank: 33
Sortino Ratio Rank
FLIN Omega Ratio Rank: 33
Omega Ratio Rank
FLIN Calmar Ratio Rank: 33
Calmar Ratio Rank
FLIN Martin Ratio Rank: 11
Martin Ratio Rank
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.

XID.TO vs. FLIN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares India Index ETF (XID.TO) and Franklin FTSE India ETF (FLIN). 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.

XID.TOFLINDifference
Sharpe ratioReturn per unit of total volatility
-0.93
-0.71

-0.22

Sortino ratioReturn per unit of downside risk
-1.34
-0.97

-0.37

Omega ratioGain probability vs. loss probability

0.85

0.89

-0.04

Calmar ratioReturn relative to maximum drawdown

-0.73

-0.56

-0.17

Martin ratioReturn relative to average drawdown

-1.60

-1.31

-0.29

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XID.TO vs. FLIN - Sharpe Ratio Comparison

The current XID.TO Sharpe Ratio is -0.93, which is lower than the FLIN Sharpe Ratio of -0.71. The chart below compares the historical Sharpe Ratios of XID.TO and FLIN, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

XID.TOFLINDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.93

-0.71

-0.22

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.26

0.45

-0.18

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.37

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.33

0.35

-0.03

Drawdowns

XID.TO vs. FLIN - Drawdown Comparison

The maximum XID.TO drawdown since its inception was -42.26%, which is greater than FLIN's maximum drawdown of -37.23%. Use the drawdown chart below to compare losses from any high point for XID.TO and FLIN.

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Drawdown Indicators

XID.TOFLINDifference

Max Drawdown

Largest peak-to-trough decline

-42.26%

-37.23%

-5.03%

Max Drawdown (1Y)

Largest decline over 1 year

-18.75%

-18.67%

-0.08%

Max Drawdown (3Y)

Largest decline over 3 years

-20.11%

-20.67%

+0.56%

Max Drawdown (5Y)

Largest decline over 5 years

-20.11%

-20.67%

+0.56%

Max Drawdown (10Y)

Largest decline over 10 years

-39.46%

—

—

Current Drawdown

Current decline from peak

-18.69%

-16.78%

-1.91%

Average Drawdown

Average peak-to-trough decline

-10.43%

-6.19%

-4.24%

Ulcer Index

Depth and duration of drawdowns from previous peaks

8.57%

8.04%

+0.53%

Volatility

XID.TO vs. FLIN - Volatility Comparison

iShares India Index ETF (XID.TO) and Franklin FTSE India ETF (FLIN) have volatilities of 4.96% and 5.17%, 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.

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Volatility by Period

XID.TOFLINDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.96%

5.17%

-0.21%

Volatility (6M)

Calculated over the trailing 6-month period

12.55%

12.81%

-0.26%

Volatility (1Y)

Calculated over the trailing 1-year period

14.84%

14.86%

-0.02%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.32%

14.60%

-0.28%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.22%

18.81%

-0.59%

XID.TO vs. FLIN - Expense Ratio Comparison

XID.TO has a 1.08% expense ratio, which is higher than FLIN's 0.19% expense ratio.

Dividends

XID.TO vs. FLIN - Dividend Comparison

XID.TO's dividend yield for the trailing twelve months is around 16.69%, more than FLIN's 0.64% yield.

PositionTTM20252024202320222021202020192018201720162015
FLIN
Franklin FTSE India ETF		0.64%0.56%1.58%0.73%0.73%2.26%0.68%0.90%0.92%0.00%0.00%0.00%
XID.TO
iShares India Index ETF		16.69%14.32%0.17%0.42%3.45%6.82%0.03%0.43%0.39%0.16%0.36%0.36%

Frequently Asked Questions

With a correlation of 0.90, XID.TO and FLIN move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

On fees, FLIN is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.

FLIN is cheaper with a 0.19% expense ratio, compared with 1.08% for XID.TO.

XID.TO tracks Morningstar Gbl GR CAD, while FLIN tracks FTSE India RIC Capped Index. They also come from different issuers: iShares and Franklin Templeton. Their fees differ too: 1.08% for XID.TO and 0.19% for FLIN.

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