VS
Compare Franklin Canadian Ultra Short Term Bond Fund (FHIS) vs Franklin Canadian Core Plus Bond Fund (FLCP) to find the best fit for your portfolio. FHIS provides Finance, Energy, and Telecommunications exposures, while FLCP is primarily weighted in Finance, Municipal, and Utilities. When evaluating costs, FHIS features a management fee (MER) of 0.15%, compared to 0.62% for FLCP. Performance-wise, FHIS has returned 2.25% year-to-date with +$229 M in net flows, whereas FLCP is at 0.98% with +$44 M. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.
NAV Performance and Flows
Key Data
Compare
FHIS
FLCP
| AuM | $523.34 M | $151.78 M |
| Management Fees | 0.15% | 0.62% |
| Exp. ratio | 0.17% | 0.61% |
| Tracking Difference | - | - |
Historical performance and flows
As of November 5, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | FHIS | +0.28% | +0.59% | +2.25% | +2.63% | +12.70% |
FLCP | +2.11% | -0.11% | +0.98% | +0.23% | +15.15% | |
| Flows | FHIS | +$93 M | +$141 M | +$229 M | +$247 M | +$405 M |
FLCP | +$3 M | +$10 M | +$44 M | +$11 M | +$91 M |
FHIS vs FLCP exposure
Countries
FHIS
Canada
54.57%
Other
37.52%
USA
7.91%
FLCP
Canada
64.31%
USA
23.33%
Other
11.22%
Sectors
FHIS
Finance
43.80%
Other
37.52%
Other
18.68%
FLCP
Finance
24.65%
Municipal
15.83%
Utilities
13.03%
Other
11.22%
Energy
10.49%
Industrials
7.38%
Other
17.40%
As of November 5, 2026
Top 10 Holdings
FHIS
Bank of Montreal, 6.034% 7sep2033, CAD (M)
2.05%
Royal Bank of Canada, 5.01% 1feb2033, CAD (26)
1.91%
Goldman Sachs, 2.013% 28feb2029, CAD
1.91%
SmartCentres REIT, 5.354% 29may2028, CAD
1.83%
Manulife Financial Corporation, 5.409% 10mar2033, CAD
1.82%
Canadian Core Real Estate, 3.299% 2mar2027, CAD (1)
1.78%
CA292976X284
1.78%
Royal Bank of Canada, 2.94% 3may2032, CAD (25)
1.78%
Sun Life Financial, 2.58% 10may2032, CAD (2020-1)
1.77%
Sun Life Financial, 2.8% 21nov2033, CAD (2021-2)
1.74%
FLCP
USA, Notes 4.375% 15may2036, USD (C-2036)
2.43%
Province of Ontario, 2.9% 2dec2046, CAD (DMTN228)
1.65%
CPPIB Capital, 3.35% 2dec2030, CAD (68)
1.47%
PSP Capital, 4.25% 1dec2055, CAD (G-16)
1.38%
Alberta, 3.1% 1jun2050, CAD
1.25%
Province of Ontario, 2.65% 2dec2050, CAD (DMTN242)
1.24%
Province of Ontario, 4.65% 2jun2041, CAD (DMTN204)
1.14%
Alberta, 3.05% 1dec2048, CAD (DQ)
1.01%
Canada, Bonds 2.75% 1dec2055, CAD
0.98%
PSP Capital, 4.15% 1jun2033, CAD (G-11)
0.94%
Diversification
FHIS
Total weight of top 10 holdings out of 130 total
18.34%
FLCP
Total weight of top 10 holdings out of 549 total
13.50%
Characteristics
Compare
FHIS
FLCP
| Provider | Franklin Templeton | Franklin Templeton |
| Management | Actively managed | Actively managed |
| Benchmark | - | - |
| Replication Method | - | - |
| Asset Class | Fixed Income | Fixed Income |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 3.26% | 3.89% |
| Meets ESG criteria | No | No |
| Inception Date | September 12, 2022 | August 7, 2019 |
Frequently asked questions about FHIS and FLCP
Which ETF has performed better year to date: FHIS or FLCP?
As of November 5, 2026, FHIS has returned 2.25% year to date, while FLCP has returned 0.98%. FHIS is ahead on YTD performance.
Which ETF is larger by assets under management: FHIS or FLCP?
As of November 5, 2026, FHIS manages $523.34 M in assets, while FLCP manages $151.78 M. FHIS is the larger fund by AUM.
How are FHIS and FLCP managed?
FHIS is actively managed by Franklin Templeton. It does not track an index. FLCP is actively managed by Franklin Templeton. It does not track an index.
What sectors do FHIS and FLCP emphasize?
FHIS is most exposed to Finance, Energy, and Telecommunications. FLCP is most exposed to Finance, Municipal, and Utilities.
Which ETF is attracting more investor flows: FHIS or FLCP?
Year to date, FHIS has seen +$229.44 M in net flows, compared with +$43.58 M for FLCP. FHIS has attracted more net investor money so far.
How do the fees of FHIS and FLCP compare?
FHIS has an expense ratio of 0.17%, while FLCP has an expense ratio of 0.61%.
What are the top holdings of FHIS and FLCP?
FHIS's largest holdings include Bank of Montreal, 6.034% 7sep2033, CAD (M) and Royal Bank of Canada, 5.01% 1feb2033, CAD (26). FLCP's top holdings include USA, Notes 4.375% 15may2036, USD (C-2036) and Province of Ontario, 2.9% 2dec2046, CAD (DMTN228).
Which ETF is more diversified: FHIS or FLCP?
FHIS holds 83 securities, while FLCP holds 388. On holdings count, FLCP is the more diversified portfolio.
Recent articles about FHIS and FLCP
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