VS
Compare Franklin Canadian Short Term Bond Fund (FLSD) vs Franklin Canadian Core Plus Bond Fund (FLCP) to find the best fit for your portfolio. FLSD provides Finance, Government Agencies, and Energy exposures, while FLCP is primarily weighted in Finance, Municipal, and Utilities. When evaluating costs, FLSD features a management fee (MER) of 0.46%, compared to 0.62% for FLCP. Performance-wise, FLSD has returned 1.73% year-to-date with +$56 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
FLSD
FLCP
| AuM | $120.16 M | $151.78 M |
| Management Fees | 0.46% | 0.62% |
| Exp. ratio | 0.33% | 0.61% |
| 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% |
FLCP | +2.11% | -0.11% | +0.98% | +0.23% | +15.15% | |
| Flows | FLSD | +$4 M | +$8 M | +$56 M | +$60 M | +$101 M |
FLCP | +$3 M | +$10 M | +$44 M | +$11 M | +$91 M |
FLSD vs FLCP exposure
Countries
FLSD
Canada
66.16%
USA
20.44%
Other
12.46%
FLCP
Canada
64.31%
USA
23.33%
Other
11.22%
Sectors
FLSD
Finance
42.19%
Other
12.46%
Government Agencies
8.28%
Energy
8.08%
Utilities
7.33%
Municipal
7.12%
Other
14.54%
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
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%
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
FLSD
Total weight of top 10 holdings out of 292 total
21.28%
FLCP
Total weight of top 10 holdings out of 549 total
13.50%
Characteristics
Compare
FLSD
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 | 3.75% | 3.89% |
| Meets ESG criteria | No | No |
| Inception Date | July 8, 2019 | August 7, 2019 |
Frequently asked questions about FLSD and FLCP
Which ETF has performed better year to date: FLSD or FLCP?
As of November 5, 2026, FLSD has returned 1.73% year to date, while FLCP has returned 0.98%. FLSD is ahead on YTD performance.
Which ETF is larger by assets under management: FLSD or FLCP?
As of November 5, 2026, FLSD manages $120.16 M in assets, while FLCP manages $151.78 M. FLCP is the larger fund by AUM.
How are FLSD and FLCP managed?
FLSD 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 FLSD and FLCP emphasize?
FLSD is most exposed to Finance, Government Agencies, and Energy. FLCP is most exposed to Finance, Municipal, and Utilities.
Which ETF is attracting more investor flows: FLSD or FLCP?
Year to date, FLSD has seen +$55.82 M in net flows, compared with +$43.58 M for FLCP. FLSD has attracted more net investor money so far.
How do the fees of FLSD and FLCP compare?
FLSD has an expense ratio of 0.33%, while FLCP has an expense ratio of 0.61%.
What are the top holdings of FLSD and FLCP?
FLSD's largest holdings include CMHC, 2.65% 15dec2028, CAD (85) and Canada Housing Trust, 3.1% 15jun2028, CAD (113). 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: FLSD or FLCP?
FLSD holds 248 securities, while FLCP holds 388. On holdings count, FLCP is the more diversified portfolio.
Recent articles about FLSD and FLCP
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All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.