VS
Compare Franklin Canadian Ultra Short Term Bond Fund (FHIS) vs Franklin Canadian Short Term Bond Fund (FLSD) to find the best fit for your portfolio. FHIS provides Finance, Energy, and Telecommunications exposures, while FLSD is primarily weighted in Finance, Government Agencies, and Energy. When evaluating costs, FHIS features a management fee (MER) of 0.15%, compared to 0.46% for FLSD. Performance-wise, FHIS has returned 2.17% year-to-date with +$228 M in net flows, whereas FLSD is at 1.4% with +$55 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
FLSD
| AuM | $521.87 M | $118.83 M |
| Management Fees | 0.15% | 0.46% |
| Exp. ratio | 0.17% | 0.33% |
| Tracking Difference | - | - |
Historical performance and flows
As of November 2, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | FHIS | +0.21% | +0.52% | +2.17% | +2.56% | +12.71% |
FLSD | +0.52% | -0.17% | +1.40% | +1.32% | +14.48% | |
| Flows | FHIS | +$92 M | +$140 M | +$228 M | +$248 M | +$414 M |
FLSD | +$3 M | +$8 M | +$55 M | +$60 M | +$80 M |
FHIS vs FLSD exposure
Countries
FHIS
Canada
54.57%
Other
37.52%
USA
7.91%
FLSD
Canada
66.16%
USA
20.44%
Other
12.46%
Sectors
FHIS
Finance
43.80%
Other
37.52%
Other
18.68%
FLSD
Finance
42.19%
Other
12.46%
Government Agencies
8.28%
Energy
8.08%
Utilities
7.33%
Municipal
7.12%
Other
14.54%
As of November 2, 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%
FLSD
CMHC, 2.65% 15dec2028, CAD (85)
3.89%
Canada Housing Trust, 3.1% 15jun2028, CAD (113)
3.25%
CA13509PKR33
3.13%
CPPIB Capital, 3.35% 2dec2030, CAD (68)
2.63%
Alberta, 2.9% 20sep2029, CAD
2.19%
Province of Ontario, 3.6% 2jun2035, CAD
1.34%
Citigroup, 4.55% 3jun2035, CAD
1.28%
PSP Capital, 3.75% 15jun2029, CAD (G-8)
1.27%
Province of Ontario, 1.35% 2dec2030, CAD (DMTN248)
1.15%
CMHC, 3.6% 15sep2035, CAD (127)
1.14%
Diversification
FHIS
Total weight of top 10 holdings out of 130 total
18.34%
FLSD
Total weight of top 10 holdings out of 292 total
21.28%
Characteristics
Compare
FHIS
FLSD
| 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% | 3.76% |
| Meets ESG criteria | No | No |
| Inception Date | September 12, 2022 | July 8, 2019 |
Frequently asked questions about FHIS and FLSD
Which ETF has performed better year to date: FHIS or FLSD?
As of November 2, 2026, FHIS has returned 2.17% year to date, while FLSD has returned 1.40%. FHIS is ahead on YTD performance.
Which ETF is larger by assets under management: FHIS or FLSD?
As of November 2, 2026, FHIS manages $521.87 M in assets, while FLSD manages $118.83 M. FHIS is the larger fund by AUM.
How are FHIS and FLSD managed?
FHIS is actively managed by Franklin Templeton. It does not track an index. FLSD is actively managed by Franklin Templeton. It does not track an index.
What sectors do FHIS and FLSD emphasize?
FHIS is most exposed to Finance, Energy, and Telecommunications. FLSD is most exposed to Finance, Government Agencies, and Energy.
Which ETF is attracting more investor flows: FHIS or FLSD?
Year to date, FHIS has seen +$228.40 M in net flows, compared with +$54.87 M for FLSD. FHIS has attracted more net investor money so far.
How do the fees of FHIS and FLSD compare?
FHIS has an expense ratio of 0.17%, while FLSD has an expense ratio of 0.33%.
What are the top holdings of FHIS and FLSD?
FHIS's largest holdings include Bank of Montreal, 6.034% 7sep2033, CAD (M) and Royal Bank of Canada, 5.01% 1feb2033, CAD (26). FLSD's top holdings include CMHC, 2.65% 15dec2028, CAD (85) and Canada Housing Trust, 3.1% 15jun2028, CAD (113).
Which ETF is more diversified: FHIS or FLSD?
FHIS holds 83 securities, while FLSD holds 248. On holdings count, FLSD is the more diversified portfolio.
Recent articles about FHIS and FLSD
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