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Compare Franklin Canadian Low Volatility High Dividend Index ETF (FLVC) vs iShares Core S&P/TSX Composite High Dividend Index ETF (XEI) to find the best fit for your portfolio. FLVC provides Financials, Utilities, and Energy exposures, while XEI is primarily weighted in Energy, Financials, and Utilities. When evaluating costs, FLVC features a management fee (MER) of 0.15%, compared to 0.2% for XEI. Performance-wise, FLVC has returned 5.09% year-to-date with +$62 M in net flows, whereas XEI is at 14.46% with +$336 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
FLVC
XEI
| AuM | $84.12 M | $3,580.21 M |
| Management Fees | 0.15% | 0.20% |
| Exp. ratio | 0.16% | 0.22% |
| Tracking Difference | 3.21% | -0.45% |
Historical performance and flows
As of April 2, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | FLVC | +1.88% | +4.58% | +5.09% | +32.00% | - |
XEI | +1.78% | +13.45% | +14.46% | +39.00% | +70.05% | |
| Flows | FLVC | +$49 M | +$62 M | +$62 M | +$7 M | - |
XEI | +$101 M | +$336 M | +$336 M | +$1,060 M | +$1,196 M |
FLVC vs XEI exposure
Countries
FLVC
Canada
100.00%
XEI
Canada
96.58%
Sectors
FLVC
Financials
39.88%
Utilities
13.62%
Energy
12.28%
Industrials
11.12%
Consumer Staples
9.72%
Other
13.39%
XEI
Energy
31.35%
Financials
27.19%
Utilities
13.24%
Communication Services
8.73%
Other
19.49%
As of April 2, 2026
Top 10 Holdings
FLVC
NATIONAL BANK OF CANADA
5.53%
BNS
5.39%
CDN NATL RAILWAY
5.35%
ROYAL BK CANADA
5.30%
BANK OF MONTREAL
5.16%
FORTIS
5.14%
TOURMALINE OIL
4.93%
SUN LIFE FINL
4.81%
POWER CORPORATION OF CANADA
4.57%
LOBLAW COMPANIES
4.47%
XEI
CDN NATURAL RESOURCE
5.72%
SUNCOR ENERGY
5.63%
TC ENERGY CORP
5.27%
ENBRIDGE
4.96%
TORONTO DOMINION
4.70%
NUTRIEN LTD
4.59%
ROYAL BK CANADA
4.46%
BANK OF MONTREAL
3.79%
FORTIS
3.67%
CDN IMPERIAL BK
3.47%
Diversification
FLVC
Total weight of top 10 holdings out of 43 total
50.65%
XEI
Total weight of top 10 holdings out of 75 total
46.27%
Characteristics
Compare
FLVC
XEI
| Provider | Franklin Templeton | iShares |
| Management | Passively managed | Passively managed |
| Benchmark | Franklin Canadian Low Volatility High Dividend Index NTR - CAD | S&P/TSX Composite High Dividend Total Return Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 5.22% | 3.88% |
| Meets ESG criteria | No | No |
| Inception Date | March 28, 2024 | April 12, 2011 |
Frequently asked questions about FLVC and XEI
Which ETF has performed better year to date: FLVC or XEI?
As of April 2, 2026, FLVC has returned 5.09% year to date, while XEI has returned 14.46%. XEI is ahead on YTD performance.
Which ETF is larger by assets under management: FLVC or XEI?
As of April 2, 2026, FLVC manages $84.12 M in assets, while XEI manages $3.58 B. XEI is the larger fund by AUM.
How are FLVC and XEI managed?
FLVC is passively managed by Franklin Templeton. It tracks the Franklin Canadian Low Volatility High Dividend Index NTR - CAD benchmark. XEI is passively managed by iShares. It tracks the S&P/TSX Composite High Dividend Total Return Index - CAD benchmark.
What sectors do FLVC and XEI emphasize?
FLVC is most exposed to Financials, Utilities, and Energy. XEI is most exposed to Energy, Financials, and Utilities.
Which ETF is attracting more investor flows: FLVC or XEI?
Year to date, FLVC has seen +$62.06 M in net flows, compared with +$336.43 M for XEI. XEI has attracted more net investor money so far.
How do the fees of FLVC and XEI compare?
FLVC has an expense ratio of 0.16%, while XEI has an expense ratio of 0.22%.
What are the top holdings of FLVC and XEI?
FLVC's largest holdings include NATIONAL BANK OF CANADA, BNS, and CDN NATL RAILWAY. XEI's top holdings include CDN NATURAL RESOURCE, SUNCOR ENERGY, and TC ENERGY CORP.
Which ETF is more diversified: FLVC or XEI?
FLVC holds 42 securities, while XEI holds 73. On holdings count, XEI is the more diversified portfolio.
Recent articles about FLVC and XEI
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