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iShares MSCI Europe IMI Index ETF (XEU) and Franklin International Equity Index ETF (FLUR) offer distinct profiles for Canadian ETF investors. A direct comparison shows that XEU focuses its top 3 sector exposures on Finance, Industrials, and Healthcare, while FLUR leans towards Finance, Industrials, and Technology. When evaluating costs, XEU features a management fee (MER) of 0.25%, compared to 0.09% for FLUR. Performance-wise, XEU has returned 12.87% year-to-date with +$36 M in net flows, whereas FLUR is at 14.63% 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
XEU
FLUR
| AuM | $708.79 M | $626.89 M |
| Management Fees | 0.25% | 0.09% |
| Exp. ratio | 0.29% | 0.10% |
| Tracking Difference | 0.01% | -0.18% |
Historical performance and flows
As of November 11, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XEU | +3.79% | -0.81% | +12.87% | +13.90% | +70.43% |
FLUR | +0.95% | -1.28% | +14.63% | +14.78% | +71.80% | |
| Flows | XEU | -$4 M | +$4 M | +$36 M | +$40 M | +$214 M |
FLUR | +$0 M | +$18 M | +$107 M | +$138 M | +$260 M |
XEU vs FLUR exposure
Countries
XEU
United Kingdom
22.14%
Switzerland
14.46%
Germany
12.84%
France
12.65%
Netherlands
9.93%
Other
27.97%
FLUR
Japan
22.54%
United Kingdom
14.19%
Switzerland
9.08%
Germany
8.64%
France
8.11%
Australia
7.33%
Other
30.11%
Sectors
XEU
Finance
25.70%
Industrials
16.99%
Healthcare
11.51%
Technology
10.87%
Consumer Non-Cyclicals
8.07%
Other
26.86%
FLUR
Finance
28.93%
Industrials
15.43%
Technology
12.36%
Healthcare
9.87%
Consumer Non-Cyclicals
7.86%
Other
25.55%
As of November 11, 2026
Top 10 Holdings
XEU
ASML Holding NV
4.42%
US46434V7385
3.73%
HSBC Holdings Plc
2.15%
Roche Holding AG
1.84%
Shell Plc
1.72%
Novartis AG
1.65%
AstraZeneca PLC
1.54%
Nestlé SA
1.47%
Siemens AG
1.42%
SAP SE
1.34%
FLUR
ASML Holding NV
3.14%
HSBC Holdings Plc
1.64%
Roche Holding AG
1.46%
Mitsubishi UFJ Financial Group, Inc.
1.28%
Shell Plc
1.27%
Novartis AG
1.25%
AstraZeneca PLC
1.19%
Nestlé SA
1.15%
Siemens AG
1.09%
SAP SE
1.03%
Diversification
XEU
Total weight of top 10 holdings out of 1,176 total
21.29%
FLUR
Total weight of top 10 holdings out of 696 total
14.50%
Characteristics
Compare
XEU
FLUR
| Provider | iShares | Franklin Templeton |
| Management | Passively managed | Passively managed |
| Benchmark | MSCI Europe IMI 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 | 2.62% | 1.75% |
| Meets ESG criteria | No | No |
| Inception Date | April 15, 2014 | February 20, 2019 |
Frequently asked questions about XEU and FLUR
Which ETF has performed better year to date: XEU or FLUR?
As of November 11, 2026, XEU has returned 12.87% year to date, while FLUR has returned 14.63%. FLUR is ahead on YTD performance.
Which ETF is larger by assets under management: XEU or FLUR?
As of November 11, 2026, XEU manages $708.79 M in assets, while FLUR manages $626.89 M. XEU is the larger fund by AUM.
How are XEU and FLUR managed?
XEU is passively managed by iShares. It tracks the MSCI Europe IMI 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 XEU and FLUR emphasize?
XEU is most exposed to Finance, Industrials, and Healthcare. FLUR is most exposed to Finance, Industrials, and Technology.
Which ETF is attracting more investor flows: XEU or FLUR?
Year to date, XEU has seen +$36.01 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 XEU and FLUR compare?
XEU has an expense ratio of 0.29%, while FLUR has an expense ratio of 0.10%.
What are the top holdings of XEU and FLUR?
XEU's largest holdings include ASML Holding NV and HSBC Holdings Plc. FLUR's top holdings include ASML Holding NV, HSBC Holdings Plc, and Roche Holding AG.
Which ETF is more diversified: XEU or FLUR?
XEU holds 1156 securities, while FLUR holds 687. On holdings count, XEU is the more diversified portfolio.
Recent articles about XEU 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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