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Compare Purpose Core Equity Income Fund (RDE) vs Franklin Canadian Low Volatility High Dividend Index ETF (FLVC) to find the best fit for your portfolio. RDE provides Financials, Energy, and Industrials exposures, while FLVC is primarily weighted in Financials, Utilities, and Energy. When evaluating costs, RDE features a management fee (MER) of 0.75%, compared to 0.15% for FLVC. Performance-wise, RDE has returned 17.55% year-to-date with -$33 M in net flows, whereas FLVC is at 15.24% with +$26 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
RDE
FLVC
| AuM | $97.51 M | $53.36 M |
| Management Fees | 0.75% | 0.15% |
| Exp. ratio | 0.82% | 0.16% |
| Tracking Difference | - | 3.30% |
Historical performance and flows
As of June 17, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | RDE | +2.70% | +10.50% | +17.55% | +35.82% | +73.06% |
FLVC | +5.50% | +10.90% | +15.24% | +30.91% | - | |
| Flows | RDE | +$3 M | +$8 M | -$33 M | +$29 M | +$66 M |
FLVC | +$10 M | -$5 M | +$26 M | -$61 M | - |
RDE vs FLVC exposure
Countries
RDE
Canada
66.17%
USA
17.70%
Other
16.13%
FLVC
Canada
100.00%
Sectors
RDE
Financials
28.14%
Energy
14.46%
Industrials
9.52%
Consumer Staples
8.43%
Health Care
8.07%
Other
31.38%
FLVC
Financials
41.45%
Utilities
13.39%
Energy
12.61%
Industrials
11.04%
Consumer Staples
8.57%
Other
12.94%
As of June 17, 2026
Top 10 Holdings
RDE
BNS
5.17%
BANK OF MONTREAL
5.05%
ROYAL BK CANADA
4.80%
FINNING INTL
3.97%
ARC RESOURCES
3.66%
CDN NATL RAILWAY
3.56%
SUN LIFE FINL
3.52%
PROCTERGAMBLE
3.51%
PEMBINA PIPELINE
3.37%
ALPHABET INC-CL
3.36%
FLVC
NATIONAL BANK OF CANADA
6.08%
CDN NATL RAILWAY
5.39%
BANK OF MONTREAL
5.33%
ROYAL BK CANADA
5.28%
BNS
5.23%
SUN LIFE FINL
5.08%
FORTIS
4.89%
POWER CORPORATION OF CANADA
4.88%
TOURMALINE OIL
4.78%
SUNCOR ENERGY
4.58%
Diversification
RDE
Total weight of top 10 holdings out of 32 total
39.97%
FLVC
Total weight of top 10 holdings out of 43 total
51.53%
Characteristics
Compare
RDE
FLVC
| Provider | Purpose Investments | Franklin Templeton |
| Management | Actively managed | Passively managed |
| Benchmark | - | Franklin Canadian Low Volatility High Dividend Index NTR - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 5.58% | 4.78% |
| Meets ESG criteria | No | No |
| Inception Date | May 11, 2017 | March 28, 2024 |
Frequently asked questions about RDE and FLVC
Which ETF has performed better year to date: RDE or FLVC?
As of June 17, 2026, RDE has returned 17.55% year to date, while FLVC has returned 15.24%. RDE is ahead on YTD performance.
Which ETF is larger by assets under management: RDE or FLVC?
As of June 17, 2026, RDE manages $97.51 M in assets, while FLVC manages $53.36 M. RDE is the larger fund by AUM.
How are RDE and FLVC managed?
RDE is actively managed by Purpose Investments. It does not track an index. FLVC is passively managed by Franklin Templeton. It tracks the Franklin Canadian Low Volatility High Dividend Index NTR - CAD benchmark.
What sectors do RDE and FLVC emphasize?
RDE is most exposed to Financials, Energy, and Industrials. FLVC is most exposed to Financials, Utilities, and Energy.
Which ETF is attracting more investor flows: RDE or FLVC?
Year to date, RDE has seen -$33.31 M in net flows, compared with +$26.25 M for FLVC. FLVC has attracted more net investor money so far.
How do the fees of RDE and FLVC compare?
RDE has an expense ratio of 0.82%, while FLVC has an expense ratio of 0.16%.
What are the top holdings of RDE and FLVC?
RDE's largest holdings include BNS, BANK OF MONTREAL, and ROYAL BK CANADA. FLVC's top holdings include NATIONAL BANK OF CANADA, CDN NATL RAILWAY, and BANK OF MONTREAL.
Which ETF is more diversified: RDE or FLVC?
RDE holds 32 securities, while FLVC holds 42. On holdings count, FLVC is the more diversified portfolio.
Recent articles about RDE and FLVC
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Posted on 10/10/2024 by Kyle Anthony inStock Market
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