VS
Compare Franklin Canadian Short Term Bond Fund (FLSD) vs Franklin Canadian Ultra Short Term Bond Fund (FHIS) to find the best fit for your portfolio. FLSD provides Finance, Government Agencies, and Energy exposures, while FHIS is primarily weighted in Finance, Energy, and Telecommunications. When evaluating costs, FLSD features a management fee (MER) of 0.46%, compared to 0.15% for FHIS. Performance-wise, FLSD has returned 1.73% year-to-date with +$56 M in net flows, whereas FHIS is at 2.25% with +$229 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
FLSD
FHIS
| AuM | $120.16 M | $523.34 M |
| Management Fees | 0.46% | 0.15% |
| Exp. ratio | 0.33% | 0.17% |
| Tracking Difference | - | - |
Historical performance and flows
As of November 5, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | FLSD | +0.82% | +0.15% | +1.73% | +1.64% | +14.54% |
FHIS | +0.28% | +0.59% | +2.25% | +2.63% | +12.70% | |
| Flows | FLSD | +$4 M | +$8 M | +$56 M | +$60 M | +$101 M |
FHIS | +$93 M | +$141 M | +$229 M | +$247 M | +$405 M |
FLSD vs FHIS exposure
Countries
FLSD
Canada
66.16%
USA
20.44%
Other
12.46%
FHIS
Canada
54.57%
Other
37.52%
USA
7.91%
Sectors
FLSD
Finance
42.19%
Other
12.46%
Government Agencies
8.28%
Energy
8.08%
Utilities
7.33%
Municipal
7.12%
Other
14.54%
FHIS
Finance
43.80%
Other
37.52%
Other
18.68%
As of November 5, 2026
Top 10 Holdings
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%
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%
Diversification
FLSD
Total weight of top 10 holdings out of 292 total
21.28%
FHIS
Total weight of top 10 holdings out of 130 total
18.34%
Characteristics
Compare
FLSD
FHIS
| 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 | 3.75% | 3.26% |
| Meets ESG criteria | No | No |
| Inception Date | July 8, 2019 | September 12, 2022 |
Frequently asked questions about FLSD and FHIS
Which ETF has performed better year to date: FLSD or FHIS?
As of November 5, 2026, FLSD has returned 1.73% year to date, while FHIS has returned 2.25%. FHIS is ahead on YTD performance.
Which ETF is larger by assets under management: FLSD or FHIS?
As of November 5, 2026, FLSD manages $120.16 M in assets, while FHIS manages $523.34 M. FHIS is the larger fund by AUM.
How are FLSD and FHIS managed?
FLSD is actively managed by Franklin Templeton. It does not track an index. FHIS is actively managed by Franklin Templeton. It does not track an index.
What sectors do FLSD and FHIS emphasize?
FLSD is most exposed to Finance, Government Agencies, and Energy. FHIS is most exposed to Finance, Energy, and Telecommunications.
Which ETF is attracting more investor flows: FLSD or FHIS?
Year to date, FLSD has seen +$55.82 M in net flows, compared with +$229.44 M for FHIS. FHIS has attracted more net investor money so far.
How do the fees of FLSD and FHIS compare?
FLSD has an expense ratio of 0.33%, while FHIS has an expense ratio of 0.17%.
What are the top holdings of FLSD and FHIS?
FLSD's largest holdings include CMHC, 2.65% 15dec2028, CAD (85) and Canada Housing Trust, 3.1% 15jun2028, CAD (113). FHIS's top holdings include Bank of Montreal, 6.034% 7sep2033, CAD (M) and Royal Bank of Canada, 5.01% 1feb2033, CAD (26).
Which ETF is more diversified: FLSD or FHIS?
FLSD holds 248 securities, while FHIS holds 83. On holdings count, FLSD is the more diversified portfolio.
Recent articles about FLSD and FHIS
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