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iShares MSCI Europe IMI Index ETF (XEH) and Franklin International Equity Index ETF (FLUR) offer distinct profiles for Canadian ETF investors. A direct comparison shows that XEH focuses its top 3 sector exposures on Finance, Industrials, and Healthcare, while FLUR leans towards Finance, Industrials, and Technology. When evaluating costs, XEH features a management fee (MER) of 0.25%, compared to 0.09% for FLUR. Performance-wise, XEH has returned 8.86% year-to-date with +$2 M in net flows, whereas FLUR is at 13.64% with +$107 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
XEH
FLUR
| AuM | $292.94 M | $621.44 M |
| Management Fees | 0.25% | 0.09% |
| Exp. ratio | 0.29% | 0.10% |
| Tracking Difference | -0.46% | -0.25% |
Historical performance and flows
As of October 9, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XEH | -1.23% | -0.71% | +8.86% | +12.69% | +50.81% |
FLUR | -0.76% | +0.21% | +13.64% | +15.55% | +71.85% | |
| Flows | XEH | +$0 M | +$4 M | +$2 M | -$1 M | +$97 M |
FLUR | +$6 M | +$29 M | +$107 M | +$122 M | +$274 M |
XEH vs FLUR exposure
Countries
XEH
United Kingdom
21.86%
Switzerland
14.62%
Germany
13.08%
France
12.93%
Netherlands
9.35%
Other
28.16%
FLUR
Japan
21.38%
United Kingdom
14.28%
Switzerland
9.37%
Germany
8.79%
France
8.39%
Australia
7.56%
Other
30.24%
Sectors
XEH
Finance
25.87%
Industrials
17.08%
Healthcare
11.52%
Technology
10.24%
Consumer Non-Cyclicals
8.14%
Other
27.14%
FLUR
Finance
28.69%
Industrials
15.56%
Technology
12.00%
Healthcare
10.09%
Consumer Non-Cyclicals
7.96%
Other
25.69%
As of October 9, 2026
Top 10 Holdings
XEH
ASML Holding NV
4.07%
HSBC Holdings Plc
2.21%
Roche Holding AG
1.91%
Novartis AG
1.74%
Shell Plc
1.57%
Nestlé SA
1.56%
AstraZeneca PLC
1.52%
Siemens AG
1.49%
SAP SE
1.40%
Banco Santander SA
1.31%
FLUR
ASML Holding NV
3.05%
HSBC Holdings Plc
1.64%
Roche Holding AG
1.48%
Novartis AG
1.32%
Shell Plc
1.18%
Nestlé SA
1.18%
Mitsubishi UFJ Financial Group, Inc.
1.18%
AstraZeneca PLC
1.15%
Siemens AG
1.11%
BHP Group Ltd.
1.11%
Diversification
XEH
Total weight of top 10 holdings out of 1,179 total
18.78%
FLUR
Total weight of top 10 holdings out of 695 total
14.41%
Characteristics
Compare
XEH
FLUR
| Provider | iShares | Franklin Templeton |
| Management | Passively managed | Passively managed |
| Benchmark | MSCI Europe IMI 100% Hedged to CAD Net Total Return Index - CAD | Solactive GBS Developed Markets ex North America Large & Mid Cap CAD NTR Index - CAD |
| Replication Method | Other | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.68% | 1.76% |
| Meets ESG criteria | No | No |
| Inception Date | April 22, 2014 | February 20, 2019 |
Frequently asked questions about XEH and FLUR
Which ETF has performed better year to date: XEH or FLUR?
As of October 9, 2026, XEH has returned 8.86% year to date, while FLUR has returned 13.64%. FLUR is ahead on YTD performance.
Which ETF is larger by assets under management: XEH or FLUR?
As of October 9, 2026, XEH manages $292.94 M in assets, while FLUR manages $621.44 M. FLUR is the larger fund by AUM.
How are XEH and FLUR managed?
XEH is passively managed by iShares. It tracks the MSCI Europe IMI 100% Hedged to CAD Net Total Return Index - CAD benchmark. FLUR is passively managed by Franklin Templeton. It tracks the Solactive GBS Developed Markets ex North America Large & Mid Cap CAD NTR Index - CAD benchmark.
What sectors do XEH and FLUR emphasize?
XEH is most exposed to Finance, Industrials, and Healthcare. FLUR is most exposed to Finance, Industrials, and Technology.
Which ETF is attracting more investor flows: XEH or FLUR?
Year to date, XEH has seen +$2.47 M in net flows, compared with +$106.53 M for FLUR. FLUR has attracted more net investor money so far.
How do the fees of XEH and FLUR compare?
XEH has an expense ratio of 0.29%, while FLUR has an expense ratio of 0.10%.
What are the top holdings of XEH and FLUR?
XEH's largest holdings include ASML Holding NV, HSBC Holdings Plc, and Roche Holding AG. FLUR's top holdings include ASML Holding NV, HSBC Holdings Plc, and Roche Holding AG.
Which ETF is more diversified: XEH or FLUR?
XEH holds 1163 securities, while FLUR holds 686. On holdings count, XEH is the more diversified portfolio.
Recent articles about XEH and FLUR
International Opportunities Expand in 2026
As global market leadership broadens beyond the United States, investors are increasingly revisiting international equities. Franklin International Equity Index ETF – FLUR offers diversified developed-market exposure aligned with shifting global opportunities.
Posted on 4/1/2026 by Franklin Templeton inGlobal
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