FLCA: FRANKLIN FTSE CANADA ETF
What this ETF is trying to do
The FRANKLIN FTSE CANADA ETF (ticker: FLCA) is an exchange-traded fund that focuses on companies in Canada. It provides investors with a way to own a piece of many different Canadian businesses through a single investment.
What the numbers show
As of October 9, 2026, the current price of one share is $52.76. An estimated price from roughly one year ago was $45.34.
When looking at how this ETF has performed, it is important to understand two different types of returns:
• Price Return: This measures only the change in the share price. For example, the one-year price return was approximately 16.37%.
• Total Return: This includes both the share price change and any cash distributions paid out. The one-year total return was approximately 18.54%.
Over the last three years, the price return was about 77.05%, while the total return was about 89.82%. This shows that the total return is higher because it includes the extra value from distributions.
Income and distribution explanation
Some investors look for "distributions," which are cash payments made by the ETF. The distribution yield for FLCA is approximately 1.75%. In the last 12 months, there were two payouts. These payouts are described as "irregular" or "less frequent." While distributions provide cash, they are not the same as total return.
NAV erosion explanation
"NAV erosion" refers to a situation where the value of the underlying assets in an ETF drops significantly over time. StockValueFinder uses an erosion-risk score to measure this risk. For FLCA, the erosion score is 100, and the label states "No price erosion detected." This indicates that the fund's price trend is considered good according to these measurements.
Top Holdings
The ETF holds many different companies. Because the list provided is partial, we can only see the largest ones. As of October 11, 2026, the Top Holdings include:
• Royal Bank of Canada (9.05%)
• The Toronto-Dominion Bank (6.45%)
• SHOP (5.09%)
• Bank of Montreal (3.90%)
• Bank of Nova Scotia (3.66%)
• Enbridge Inc (3.38%)
• Canadian Imperial Bank of Commerce (3.32%)
• Canadian Natural Resources Ltd (3.27%)
• Agnico Eagle Mines Ltd (3.18%)
• Suncor Energy Inc (2.62%)
Please remember that holdings can change over time.
Pros
• The ETF has shown strong price and total returns over the last one, three, and five years.
• It has a high erosion-risk score, meaning no price erosion was detected.
Cons
• The cash distributions are irregular and happen less frequently.
• The distribution yield is relatively low at 1.75%.
Beginner takeaway
FLCA is an ETF that tracks Canadian companies. While it provides some cash through distributions, most of its growth has come from the increase in its share price. It currently shows no signs of significant NAV erosion.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | ROYAL BANK OF CANADA | n/a | 9.05% |
| 2 | THE TORONTO-DOMINION BANK | n/a | 6.45% |
| 3 | n/a | SHOP | 5.09% |
| 4 | BANK OF MONTREAL | n/a | 3.90% |
| 5 | BANK OF NOVA SCOTIA | n/a | 3.66% |
| 6 | ENBRIDGE INC | n/a | 3.38% |
| 7 | CANADIAN IMPERIAL BANK OF COMMERCE | n/a | 3.32% |
| 8 | CANADIAN NATURAL RESOURCES LTD | n/a | 3.27% |
| 9 | AGNICO EAGLE MINES LTD | n/a | 3.18% |
| 10 | SUNCOR ENERGY INC | SU | 2.62% |