Franklin Canadian Low Volatility High Dividend Index ETFFranklin Canadian Low Volatility High Dividend Index ETFFranklin Canadian Low Volatility High Dividend Index ETF

Franklin Canadian Low Volatility High Dividend Index ETF

No trades
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Key stats


Assets under management (AUM)
‪85.61 M‬CAD
Fund flows (1Y)
‪76.23 M‬CAD
Dividend yield (indicated)
Discount/Premium to NAV
−0.1%
Shares outstanding
‪3.50 M‬
Expense ratio
0.28%

About Franklin Canadian Low Volatility High Dividend Index ETF


Brand
Franklin
Inception date
Mar 28, 2024
Structure
Canadian Mutual Fund Trust (ON)
Index tracked
Franklin Canadian Low Volatility High Dividend Index - CAD - Benchmark TR Gross
Management style
Passive
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Primary advisor
Franklin Templeton Investments Corp.
ISIN
CA35252D1024
The fund aims to curate a portfolio of Canadian companies that provide stable income through high dividend yields while minimizing risk through low volatility. Stock selection is based on yield, ensuring that companies have been profitable over the last four quarters and are projected to remain over the next four quarters. A stable yield score is then calculated by adjusting stock yields based on their price and earnings volatility, reducing the yield for high-volatility stocks and increasing it for low-volatility ones. Price volatility is measured over the past 12 months, while earnings volatility is assessed using the past three years of realized earnings and two years of projected earnings. The fund selects 50 to 100 stocks using this method and weighs them accordingly, subject to concentration, turnover, and liquidity constraints. Derivatives may be used for both hedging and non-hedging purposes, as well as lending and short selling. The index is reconstituted annually and rebalanced quarterly.

Broaden your horizons with more funds linked to FLVC via country, focus, and more.

Classification


Asset Class
Equity
Category
Size and style
Focus
Total market
Niche
Broad-based
Strategy
Multi-factor
Geography
Canada
Weighting scheme
Multi-factor
Selection criteria
Multi-factor
What's in the fund
Exposure type
StocksBonds, Cash & Other
Finance
Retail Trade
Industrial Services
Stock breakdown by region
100%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
FLVC trades at 24.93 CAD today, its price has risen 0.65% in the past 24 hours. Track more dynamics on FLVC price chart.
FLVC net asset value is 24.48 today — it's risen 1.94% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
FLVC assets under management is ‪85.61 M‬ CAD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
FLVC price has risen by 1.47% over the last month, and its yearly performance shows a 12.96% increase. See more dynamics on FLVC price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.94% over the last month, showed a 7.44% increase in three-month performance and has increased by 10.06% in a year.
FLVC fund flows account for ‪76.23 M‬ CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
FLVC invests in stocks. See more details in our Analysis section.
FLVC expense ratio is 0.28%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, FLVC isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, FLVC technical analysis shows the strong buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating FLVC shows the neutral signal. See more of FLVC technicals for a more comprehensive analysis.
No, FLVC doesn't pay dividends to its holders.
FLVC trades at a premium (0.12%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
FLVC shares are issued by Franklin Resources, Inc.
FLVC follows the Franklin Canadian Low Volatility High Dividend Index - CAD - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Mar 28, 2024.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.