FLCA vs MSSM
Comparison between FRANKLIN FTSE CANADA ETF (FLCA, ETF) and MORGAN STANLEY PATHWAY SMALL-MID CAP EQUITY ETF (MSSM, ETF).
FLCA vs MSSM - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
Winner
FLCA
$766M
MSSM
$762M
Expense Ratio
Winner
FLCA
0.09%
MSSM
0.62%
Max Drawdown
FLCA
41.51%
Winner
MSSM
24.18%
Sharpe Ratio
Winner
FLCA
1.51
MSSM
1.34
5Y Beta
Winner
FLCA
0.70
MSSM
1.04
P/E Ratio
FLCA
N/A
MSSM
100.11
Forward P/E
FLCA
N/A
MSSM
15.38
5Y Dividends CAGR
FLCA
6.80%
MSSM
N/A
5Y EPS CAGR
FLCA
N/A
MSSM
14.28%
Debt to Equity
FLCA
N/A
MSSM
54.67%
P/S Ratio
FLCA
N/A
MSSM
1.30
P/B Ratio
FLCA
N/A
MSSM
2.46
FLCA vs MSSM - Holdings Comparison
FLCA and MSSM have 1 common holdings. Overlap is 0.00%
FLCA's top 25 holdings weight is 70.40%. MSSM's top 25 holdings weight is 16.45%.
| Rank | FLCA | MSSM |
|---|---|---|
| #1 | ROYAL BANK OF CANADA (n/a) - 9.37% | US DOLLARS (n/a) - 2.65% |
| #2 | THE TORONTO-DOMINION BANK (n/a) - 6.53% | COMFORT SYSTEMS USA INC (FIX) - 1.11% |
| #3 | n/a (SHOP) - 4.79% | ASCENDIS PHARMA AS ADR (ASND) - 0.96% |
| #4 | BANK OF MONTREAL (n/a) - 4.02% | KYNDRYL HOLDINGS INC ORDINARY SHARES (KD) - 0.83% |
| #5 | ENBRIDGE INC (n/a) - 3.86% | RAMBUS INC (RMBS) - 0.68% |
| #6 | BANK OF NOVA SCOTIA (n/a) - 3.44% | CACI INTERNATIONAL INC CLASS A (CACI) - 0.64% |
| #7 | CANADIAN IMPERIAL BANK OF COMMERCE (n/a) - 3.42% | REGAL REXNORD CORP (RRX) - 0.62% |
| #8 | n/a (n/a) - 2.97% | FTAI AVIATION LTD (FTAI) - 0.60% |
| #9 | CANADIAN NATURAL RESOURCES LTD (n/a) - 2.65% | BRINKER INTERNATIONAL INC (EAT) - 0.56% |
| #10 | AGNICO EAGLE MINES LTD (n/a) - 2.56% | CIENA CORP (CIEN) - 0.54% |
| #11 | CANADIAN PACIFIC KANSAS CITY LTD (CP) - 2.55% | AERCAP HOLDINGS NV (AER) - 0.53% |
| #12 | TC ENERGY CORP (TRP) - 2.26% | ITT INC (ITT) - 0.53% |
| #13 | MANULIFE FINANCIAL CORP (MFC) - 2.25% | ORMAT TECHNOLOGIES INC (ORA) - 0.52% |
| #14 | CANADIAN NATIONAL RAILWAY CO (n/a) - 2.16% | WINTRUST FINANCIAL CORP (WTFC) - 0.51% |
| #15 | SUNCOR ENERGY INC (SU) - 2.14% | DYNATRACE INC ORDINARY SHARES (DT) - 0.51% |
| #16 | BARRICK MINING CORP (n/a) - 2.09% | COMMVAULT SYSTEMS INC (CVLT) - 0.49% |
| #17 | NATIONAL BANK OF CANADA (n/a) - 1.97% | n/a (n/a) - 0.49% |
| #18 | WHEATON PRECIOUS METALS CORP (WPM) - 1.72% | TEXAS CAPITAL BANCSHARES INC (TCBI) - 0.49% |
| #19 | ALIMENTATION COUCHE-TARD INC (n/a) - 1.55% | SEMTECH CORP (SMTC) - 0.48% |
| #20 | SUN LIFE FINANCIAL INC (SLF) - 1.44% | INSMED INC (INSM) - 0.47% |
| #21 | WASTE CONNECTIONS INC (WCN) - 1.39% | CASELLA WASTE SYSTEMS INC CLASS A (CWST) - 0.47% |
| #22 | CAMECO CORP (n/a) - 1.37% | CRITEO SA ADR (CRTO) - 0.46% |
| #23 | FRANCO-NEVADA CORP (FNV) - 1.37% | AVIENT CORP (AVNT) - 0.44% |
| #24 | CONSTELLATION SOFTWARE INC (n/a) - 1.27% | BADGER METER INC (BMI) - 0.44% |
| #25 | n/a (CLS) - 1.26% | NEXTRACKER INC ORDINARY SHARES CLASS A (NXT) - 0.43% |
| Total Holdings | 90 | 1934 |
FLCA vs MSSM - Historical Returns
Returns include dividend reinvestment.
1M
Winner
FLCA
+2.25%
MSSM
-1.35%
3M
FLCA
+2.61%
Winner
MSSM
+5.57%
6M
FLCA
+7.91%
Winner
MSSM
+9.79%
1Y
FLCA
+27.21%
Winner
MSSM
+29.99%
5Y(CAGR)
FLCA
+12.54%
MSSM
N/A
10Y(CAGR)
FLCA
+11.45%
MSSM
N/A
Max(CAGR)
FLCA
+11.45%
Winner
MSSM
+14.43%
FLCA vs MSSM - Annual Returns (2017 - 2026)
Returns include dividend reinvestment.
| Year | FLCA | MSSM |
|---|---|---|
| 2026 | +9.44% | +16.98% |
| 2025 | +34.07% | +11.21% |
| 2024 | +14.11% | -5.83% |
| 2023 | +15.39% | N/A |
| 2022 | -12.16% | N/A |
| 2021 | +29.24% | N/A |
| 2020 | +6.21% | N/A |
| 2019 | +27.54% | N/A |
| 2018 | -16.23% | N/A |
| 2017 | +2.49% | N/A |
FLCA vs MSSM Drawdown Comparison
The maximum drawdown for FLCA was -41.51%, occurring on Mar 23, 2020. Recovery took 197 trading sessions.
The maximum drawdown for MSSM was -24.18%, occurring on Apr 8, 2025. Recovery took 175 trading sessions.
The current FLCA drawdown is -0.77%. The current MSSM drawdown is -3.14%.
| Rank | FLCA | MSSM |
|---|---|---|
| #1 | -41.51% Feb 19, 2020 - Nov 27, 2020 | -24.18% Dec 9, 2024 - Aug 22, 2025 |
| #2 | -24.23% Mar 30, 2022 - Apr 9, 2024 | -9.50% Feb 10, 2026 - Apr 14, 2026 |
| #3 | -19.86% Jan 24, 2018 - Jun 20, 2019 | -7.11% Oct 27, 2025 - Dec 4, 2025 |
| #4 | -12.59% Nov 29, 2024 - May 2, 2025 | -4.35% May 6, 2026 - May 26, 2026 |
| #5 | -8.55% Feb 26, 2026 - Apr 17, 2026 | -4.14% Jun 30, 2026 - Jul 20, 2026 |
| #6 | -7.55% Nov 12, 2021 - Jan 12, 2022 | -3.84% Oct 6, 2025 - Oct 24, 2025 |
| #7 | -6.44% Jul 16, 2024 - Aug 15, 2024 | -3.71% Dec 11, 2025 - Jan 6, 2026 |
| #8 | -6.31% Jun 1, 2021 - Sep 3, 2021 | -3.26% Jan 22, 2026 - Feb 9, 2026 |
| #9 | -5.62% Sep 3, 2021 - Oct 13, 2021 | -3.16% Jun 4, 2026 - Jun 12, 2026 |
| #10 | -5.44% Jan 12, 2022 - Mar 17, 2022 | -2.47% Sep 18, 2025 - Oct 3, 2025 |
| #11 | -5.22% Jul 11, 2019 - Sep 12, 2019 | -2.28% Apr 20, 2026 - Apr 30, 2026 |
| #12 | -4.81% May 20, 2024 - Jul 11, 2024 | -1.74% Jun 15, 2026 - Jun 22, 2026 |
| #13 | -4.79% Apr 9, 2024 - May 17, 2024 | -1.63% Jan 15, 2026 - Jan 21, 2026 |
| #14 | -4.72% Jan 20, 2021 - Feb 8, 2021 | -1.52% Aug 28, 2025 - Sep 5, 2025 |
| #15 | -4.13% Jan 29, 2026 - Feb 10, 2026 | -1.37% Jun 22, 2026 - Jun 25, 2026 |
Correlation
Correlation between FLCA and MSSM is 0.92 which considered as a very strong positive correlation - the stocks move almost identically together.
0.92
-101
Dividend Comparison (2017 - 2026)
FLCA vs MSSM dividend yield comparison.
| Year | FLCA | MSSM |
|---|---|---|
| 2026 | 0.74% | 0.00% |
| 2025 | 1.85% | 3.15% |
| 2024 | 2.50% | 0.00% |
| 2023 | 2.49% | 0.00% |
| 2022 | 2.20% | 0.00% |
| 2021 | 2.02% | 0.00% |
| 2020 | 2.49% | 0.00% |
| 2019 | 2.29% | 0.00% |
| 2018 | 3.03% | 0.00% |
| 2017 | 0.09% | 0.00% |
Select Stocks to Compare
Popular: FLCA vs SPYMSSM vs SPY
More Comparisons
Compare with similar stocks