XUU-U.TO vs. FLUS.TO

Last updated Jun 26, 2026

XUU-U.TO (iShares Core S&P U.S. Total Market Index ETF) and FLUS.TO (Franklin U.S. Large Cap Multifactor Index ETF) are both Large Cap Blend Equities funds - XUU-U.TO tracks the S&P Total Market Index while FLUS.TO tracks the LibertyQ U.S. Large Cap Equity Index. Both are passively managed. Over the past 5 years, XUU-U.TO returned 11.97%/yr vs 13.17%/yr for FLUS.TO. At a 0.38 correlation, their price movements are largely independent. XUU-U.TO charges 0.08%/yr vs 0.29%/yr for FLUS.TO.

Performance

XUU-U.TO vs. FLUS.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Core S&P U.S. Total Market Index ETF (XUU-U.TO) and Franklin U.S. Large Cap Multifactor Index ETF (FLUS.TO). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

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

Returns By Period

In the year-to-date period, XUU-U.TO achieves a 8.31% return, which is significantly lower than FLUS.TO's 10.40% return.

XUU-U.TO

• 1D: -0.15%
• 1M: -1.82%
• YTD: 8.31%
• 6M: 7.71%
• 1Y: 21.85%
• 3Y*: 20.03%
• 5Y*: 11.97%
• 10Y*: —

FLUS.TO

• 1D: -0.08%
• 1M: -1.08%
• YTD: 10.40%
• 6M: 5.70%
• 1Y: 20.72%
• 3Y*: 20.39%
• 5Y*: 13.17%
• 10Y*: —

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

XUU-U.TO vs. FLUS.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
XUU-U.TO iShares Core S&P U.S. Total Market Index ETF	8.31%	16.73%	22.88%	26.92%	-20.15%	28.42%	19.17%	7.03%
FLUS.TO Franklin U.S. Large Cap Multifactor Index ETF	10.40%	15.79%	24.11%	23.92%	-15.33%	25.56%	11.09%	5.33%

Correlation

The correlation between XUU-U.TO and FLUS.TO is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.48
Correlation (3Y) Calculated over the trailing 3-year period	0.49
Correlation (5Y) Calculated over the trailing 5-year period	0.43
Correlation (All Time) Calculated using the full available price history since Oct 22, 2019	0.38

The correlation between XUU-U.TO and FLUS.TO shifts across timeframes, from 0.38 (all time) to 0.49 (3 years), reflecting how their relationship changes across market environments.

Return for Risk

XUU-U.TO vs. FLUS.TO — Risk / Return Rank

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

XUU-U.TO

XUU-U.TO Risk / Return Rank: 63
XUU-U.TO Sharpe Ratio Rank: 61
XUU-U.TO Sortino Ratio Rank: 58
XUU-U.TO Omega Ratio Rank: 71
XUU-U.TO Calmar Ratio Rank: 58
XUU-U.TO Martin Ratio Rank: 70

FLUS.TO

FLUS.TO Risk / Return Rank: 60
FLUS.TO Sharpe Ratio Rank: 59
FLUS.TO Sortino Ratio Rank: 60
FLUS.TO Omega Ratio Rank: 68
FLUS.TO Calmar Ratio Rank: 59
FLUS.TO Martin Ratio Rank: 57

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.

XUU-U.TO vs. FLUS.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Core S&P U.S. Total Market Index ETF (XUU-U.TO) and Franklin U.S. Large Cap Multifactor Index ETF (FLUS.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.

	XUU-U.TO	FLUS.TO	Difference
Sharpe ratio: Return per unit of total volatility	1.75	1.36	+0.39
Sortino ratio: Return per unit of downside risk	2.39	1.97	+0.42
Omega ratio: Gain probability vs. loss probability	1.36	1.27	+0.09
Calmar ratio: Return relative to maximum drawdown	2.46	1.93	+0.53
Martin ratio: Return relative to average drawdown	11.23	7.34	+3.90

XUU-U.TO vs. FLUS.TO - Sharpe Ratio Comparison

The current XUU-U.TO Sharpe Ratio is 1.75, which is comparable to the FLUS.TO Sharpe Ratio of 1.36. The chart below compares the historical Sharpe Ratios of XUU-U.TO and FLUS.TO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

XUU-U.TO vs. FLUS.TO - Drawdown Comparison

The maximum XUU-U.TO drawdown since its inception was -28.63%, smaller than the maximum FLUS.TO drawdown of -34.34%. Use the drawdown chart below to compare losses from any high point for XUU-U.TO and FLUS.TO.

Drawdown Indicators

	XUU-U.TO	FLUS.TO	Difference
Max Drawdown Largest peak-to-trough decline	-28.63%	-34.34%	+5.71%
Max Drawdown (1Y) Largest decline over 1 year	-8.95%	-10.78%	+1.83%
Max Drawdown (3Y) Largest decline over 3 years	-19.38%	-19.10%	-0.28%
Max Drawdown (5Y) Largest decline over 5 years	-24.39%	-21.51%	-2.88%
Current Drawdown Current decline from peak	-3.19%	-2.60%	-0.59%
Average Drawdown Average peak-to-trough decline	-5.67%	-4.41%	-1.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.95%	2.83%	-0.88%

Volatility

XUU-U.TO vs. FLUS.TO - Volatility Comparison

The current volatility for iShares Core S&P U.S. Total Market Index ETF (XUU-U.TO) is 4.10%, while Franklin U.S. Large Cap Multifactor Index ETF (FLUS.TO) has a volatility of 4.75%. This indicates that XUU-U.TO experiences smaller price fluctuations and is considered to be less risky than FLUS.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XUU-U.TO	FLUS.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.10%	4.75%	-0.65%
Volatility (6M) Calculated over the trailing 6-month period	10.03%	11.95%	-1.92%
Volatility (1Y) Calculated over the trailing 1-year period	12.59%	15.32%	-2.73%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.85%	16.01%	+0.84%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.65%	17.17%	+0.48%

XUU-U.TO vs. FLUS.TO - Expense Ratio Comparison

XUU-U.TO has a 0.08% expense ratio, which is lower than FLUS.TO's 0.29% expense ratio.

Dividends

XUU-U.TO vs. FLUS.TO - Dividend Comparison

XUU-U.TO's dividend yield for the trailing twelve months is around 0.85%, more than FLUS.TO's 0.57% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
FLUS.TO Franklin U.S. Large Cap Multifactor Index ETF	0.57%	0.74%	0.94%	1.24%	1.77%	1.80%	1.67%	1.89%	1.72%	0.60%
XUU-U.TO iShares Core S&P U.S. Total Market Index ETF	0.85%	1.15%	1.05%	1.14%	1.32%	0.97%	1.21%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both XUU-U.TO and FLUS.TO in my portfolio?

XUU-U.TO and FLUS.TO have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XUU-U.TO or FLUS.TO?

On fees, XUU-U.TO is cheaper at 0.08% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XUU-U.TO or FLUS.TO?

XUU-U.TO is cheaper with a 0.08% expense ratio, compared with 0.29% for FLUS.TO.

What is the main difference between XUU-U.TO and FLUS.TO?

XUU-U.TO tracks S&P Total Market Index, while FLUS.TO tracks LibertyQ U.S. Large Cap Equity Index. They also come from different issuers: iShares and Franklin. Their fees differ too: 0.08% for XUU-U.TO and 0.29% for FLUS.TO.