VS
NBI Active U.S. Equity ETF (NUSA) and Franklin U.S. Core Equity Fund ETF Series Units (FCRU) offer distinct profiles for Canadian ETF investors. A direct comparison shows that NUSA focuses its top 3 sector exposures on Technology, Finance, and Consumer Non-Cyclicals, while FCRU leans towards Technology, Finance, and Consumer Non-Cyclicals. When evaluating costs, NUSA features a management fee (MER) of 0.55%, compared to 0.25% for FCRU. Performance-wise, NUSA has returned 10.05% year-to-date with -$1 M in net flows, whereas FCRU is at 15.18% with -$985 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
NUSA
FCRU
| AuM | $92.46 M | $47.65 M |
| Management Fees | 0.55% | 0.25% |
| Exp. ratio | 0.63% | 0.11% |
| Tracking Difference | - | - |
Historical performance and flows
As of October 16, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | NUSA | +3.78% | +3.52% | +10.05% | +9.56% | +56.10% |
FCRU | +2.46% | +2.70% | +15.18% | +16.74% | - | |
| Flows | NUSA | +$0 M | -$4 M | -$1 M | -$3 M | +$45 M |
FCRU | +$11 M | +$18 M | -$985 M | +$25 M | - |
NUSA vs FCRU exposure
Countries
NUSA
USA
95.59%
FCRU
USA
96.93%
Sectors
NUSA
Technology
47.66%
Finance
13.04%
Consumer Non-Cyclicals
10.91%
Healthcare
9.10%
Other
19.29%
FCRU
Technology
44.35%
Finance
13.09%
Consumer Non-Cyclicals
10.07%
Healthcare
8.92%
Industrials
7.43%
Other
16.15%
As of October 16, 2026
Top 10 Holdings
NUSA
NVIDIA Corp.
9.37%
Microsoft Corp.
8.51%
Amazon.com, Inc.
6.37%
Alphabet, Inc.
6.22%
Broadcom Inc.
4.75%
Apple, Inc.
4.03%
Lam Research Corp.
3.83%
Valero Energy Corp.
3.71%
Danaher Corp.
3.63%
JPMorgan Chase & Co.
3.61%
FCRU
NVIDIA Corp.
9.00%
Apple, Inc.
7.76%
Microsoft Corp.
5.70%
Amazon.com, Inc.
4.87%
Alphabet, Inc.
2.84%
Meta Platforms, Inc.
2.77%
Alphabet, Inc.
2.41%
Eli Lilly & Co.
2.03%
Broadcom Inc.
1.90%
Palantir Technologies, Inc.
1.75%
Diversification
NUSA
Total weight of top 10 holdings out of 32 total
54.03%
FCRU
Total weight of top 10 holdings out of 169 total
41.03%
Characteristics
Compare
NUSA
FCRU
| Provider | National Bank Investments | Franklin Templeton |
| Management | Actively managed | Actively managed |
| Benchmark | - | - |
| Replication Method | - | - |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 0.00% | 0.00% |
| Meets ESG criteria | No | No |
| Inception Date | February 13, 2021 | June 25, 2025 |
Frequently asked questions about NUSA and FCRU
Which ETF has performed better year to date: NUSA or FCRU?
As of October 16, 2026, NUSA has returned 10.05% year to date, while FCRU has returned 15.18%. FCRU is ahead on YTD performance.
Which ETF is larger by assets under management: NUSA or FCRU?
As of October 16, 2026, NUSA manages $92.46 M in assets, while FCRU manages $47.65 M. NUSA is the larger fund by AUM.
How are NUSA and FCRU managed?
NUSA is actively managed by National Bank Investments. It does not track an index. FCRU is actively managed by Franklin Templeton. It does not track an index.
What sectors do NUSA and FCRU emphasize?
NUSA is most exposed to Technology, Finance, and Consumer Non-Cyclicals. FCRU is most exposed to Technology, Finance, and Consumer Non-Cyclicals.
Which ETF is attracting more investor flows: NUSA or FCRU?
Year to date, NUSA has seen -$0.70 M in net flows, compared with -$985.48 M for FCRU. NUSA has attracted more net investor money so far.
How do the fees of NUSA and FCRU compare?
NUSA has an expense ratio of 0.63%, while FCRU has an expense ratio of 0.11%.
What are the top holdings of NUSA and FCRU?
NUSA's largest holdings include NVIDIA Corp., Microsoft Corp., and Amazon.com, Inc.. FCRU's top holdings include NVIDIA Corp., Apple, Inc., and Microsoft Corp..
Which ETF is more diversified: NUSA or FCRU?
NUSA holds 32 securities, while FCRU holds 168. On holdings count, FCRU is the more diversified portfolio.
Recent articles about NUSA and FCRU
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