BBCA vs FLCA: Grades, Fees and Holdings Compared

JPMorgan BetaBuilders Canada ETF

BBCAACboe

Franklin FTSE Canada ETF

FLCAANYSE Arca

Overlap

92.8%by weight

Expense ratio

FLCA −0.10pt a year

BBCA0.19%FLCA0.09%

Avg volume · 30D

BBCA 6.7×the volume

BBCA330KFLCA49K

5Y return · a year

FLCA +0.2pt

BBCA+11.5%FLCA+11.7%

BBCA vs FLCA Performance

Oct 29, 2021 – Oct 30, 2026

+72.5%BBCA+73.7%FLCA

Expense ratio: BBCA 0.19%; FLCA 0.09%, better
Fund size: BBCA $11.9B; FLCA $857M
1Y total return: BBCA +22.1%, better; FLCA +21.5%
Yield (12M): BBCA 1.68%; FLCA 1.70%, better
Holdings: BBCA 78; FLCA 92
Avg volume (30D): BBCA 330K sh, better; FLCA 49K sh
NAV per share: BBCA $104.51; FLCA $54.21
52W range

ETF.net Grade

Pillar letters and Scores for BBCA, FLCA, with each pillar’s weight
Pillar	BBCA	FLCA
Cost30% weight	A82	A93Higher
Mission25% weight	B59	B65Higher
Risk15% weight	A87	A87
Tradability15% weight	B55	B69Higher
Holdings10% weight	A76	A81Higher
Durability5% weight	B58Higher	C53

Rank among Developed Single Country funds

How we build Categories ›

Same Category. BBCA and FLCA are both graded against the same 38 Developed Single Country funds, so their Grades compare head to head.

Developed Single Country⁠

Category · 38 funds

See all 38 ›

FLCA ranks 1st and BBCA 4th of 38 funds in the Developed Single Country Category.

Rank 1AEWCiShares MSCI Canada ETFScore 78
Rank 1AFLCAFranklin FTSE Canada ETFScore 78
Rank 3AFLGBFranklin FTSE United Kingdom ETFScore 76
Rank 4ABBCAJPMorgan BetaBuilders Canada ETFScore 71
Rank 5AFLAUFranklin FTSE Australia ETFScore 70

Our read on each fund

ETF.net Research

BBCAAJPMorgan BetaBuilders Canada ETF

FLCAAFranklin FTSE Canada ETF

In short

BBCA Canada, at a discount. BBCA tracks a Morningstar index of roughly 80 Canadian stocks for 0.19% a year, a fraction of what most single-country funds charge, and it has grown into a multi-billion-dollar fund since its 2018 launch.

FLCA Canada in one ticker, at index-fund pricing. FLCA tracks the FTSE Canada Capped Index, about 50 large- and mid-cap Canadian names, for 0.09% a year.

Stated mandate

BBCA The fund seeks to track the Morningstar Canada Target Market Exposure Index before fees and expenses. It uses a passive indexing approach to approximate the index rather than outperform it.

FLCA The fund seeks to track the FTSE Canada Capped Index, which measures the performance of Canadian large- and mid-capitalization stocks.

Why people hold it

BBCA Costs 0.19% a year, against a 0.50% median for developed single-country funds. The older Canada name in this group, EWC, charges 0.50%.
Plain passive plumbing: it aims to approximate the Morningstar Canada Target Market Exposure Index before fees rather than beat it. No stock-picking surprises.jpmorgan.com
Running since 2018, now a multi-billion-dollar fund that pays quarterly, and one of the stronger implementations in its single-country peer group.

FLCA 0.09% a year against a 0.45% median for index-tracking ETFs. On plain-vanilla country exposure, the fee gap is most of the story.
The mandate is refreshingly plain: the FTSE Canada Capped Index, Canadian large and mid caps, no factor tilts, no derivatives overlay.
Live since 2017 and one of the stronger implementations in a crowded field of index trackers.

Worth knowing

BBCA One country, about 80 stocks. The sector mix is whatever Canada's market hands you, set by the index rather than by a diversification plan.
Moderately traded, not one of the busiest names on the tape, so spreads can widen on large or off-hours orders.
Indexing means no manager leaning away from a soft patch in Canadian equities. You get the index, minus the 0.19% fee.

FLCA About 50 stocks in one country. That is a targeted slice of the world, not a diversified core.
Mid-sized and moderately traded, so limit orders are the sane way in and out.
Distributions arrive once or twice a year rather than quarterly, which matters if you spend the income.

Full BBCA profile⁠

Full FLCA profile⁠

BBCA vs FLCA Holdings

How BBCA and FLCA differ

Overlap by weight

92.8%

Shared holdings make up 95.4% of BBCA and 93.2% of FLCA.

Level by level

Holdings65 in both92.8%
Sector10 Sectors98.0%
Asset classEquity100%
Countryby domicile100%

Sector

Sector weights in BBCA and FLCA, widest gap first
Sector	More in BBCAMore in FLCA	BBCA	FLCA
Financials	BBCA +0.9 points	40.0%	39.1%
Materials	FLCA +0.9 points	14.8%	15.7%
Industrials	FLCA +0.8 points	9.6%	10.4%
Communication	BBCA +0.6 points	1.0%	0.4%
Consumer Staples	BBCA +0.2 points	3.1%	2.9%
Real Estate	FLCA +0.2 points	0.0%	0.2%
Consumer Discretionary	BBCA +0.1 points	3.5%	3.4%
Utilities	BBCA +0.1 points	1.8%	1.7%
Energy	Same weight	16.8%	16.8%
Technology	Same weight	9.4%	9.5%

Country, concentration and asset class

Country by domicile

Country weights in BBCA and FLCA, widest gap first
Country	More in BBCAMore in FLCA	BBCA	FLCA
Canada	Same weight	99.0%	99.0%
United States	Same weight	1.0%	1.0%

Concentration

Weight in the 10 largest Holdings

BBCA45.8%
FLCA44.7%

Securities held

BBCA75
FLCA89

Asset class

BBCA: Equity
FLCA: Equity

Holdings

Only in BBCA10
In both65
Only in FLCA24

Only in BBCA

10 securities, 3.9% of BBCA by weight

Teck Resources Ltd Common0.90%
Bombardier Inc Common0.67%
Pan American Silver Corp0.50%
Cgi Inc Common Stock Cad0.48%
Rogers Communications0.40%
Ccl Industries Inc Common0.33%
Quebecor Inc Common Stock0.23%
Canadian Tire Corp Ltd0.22%
Ivanhoe Mines Ltd Common0.16%
S&P/TSX 60 Ix 12/17/2026<0.01%

Only in FLCA

24 securities, 6.8% of FLCA by weight

Teck Resources Ltd-Cls B0.89%
Bombardier Inc-B0.63%
Whitecap Resources Inc0.53%
Pan American Silver Corp0.49%
Cgi Inc0.46%
Toromont Industries Ltd0.35%
Aritzia Inc-Subordinate V0.33%
Equinox Gold Corp0.32%
Atkinsrealis Group Inc0.31%
Hudbay Minerals Inc0.29%
Iamgold Corp0.28%
Finning International Inc0.27%
Descartes Systems Grp/The0.24%
Canadian Tire Corp-Class0.22%
First Majestic Silver Cor0.22%
Open Text Corp0.20%
Element Fleet Management0.19%
Firstservice Corp0.19%
Ivanhoe Mines Ltd-Cl A0.16%
Quebecor Inc -Cl B0.07%
Net Current Assets0.07%
Lunr Royalties Corp0.02%
Bombardier Inc-A0.02%
Ccp Initial Margin Jpmcad<0.01%

Weight gaps

All 65 Holdings in both funds, largest gap first.

Holding weights in BBCA and FLCA, widest gap first
Holding	More in BBCAMore in FLCA	BBCA	FLCA
Brookfield Corp Common	FLCA +0.24 points	2.33%	2.57%
Royal Bank of Canada	BBCA +0.20 points	9.10%	8.90%
Toronto-Dominion Bank/The	BBCA +0.19 points	6.60%	6.41%
Constellation Software	BBCA +0.13 points	1.63%	1.50%
Canadian National	BBCA +0.13 points	2.21%	2.08%
Enbridge Inc Common	BBCA +0.12 points	3.56%	3.44%
Fairfax Financial	FLCA +0.11 points	1.06%	1.17%
Shopify Inc Common Stock	BBCA +0.09 points	6.14%	6.05%
Dollarama Inc Common	BBCA +0.08 points	1.31%	1.23%
Canadian Natural	BBCA +0.08 points	3.67%	3.59%
Bank of Nova Scotia/The	BBCA +0.08 points	3.70%	3.62%
Bank of Montreal Common	BBCA +0.07 points	3.86%	3.79%
Canadian Imperial Bank	BBCA +0.07 points	3.42%	3.35%
Agnico Eagle Mines Ltd	BBCA +0.07 points	2.69%	2.63%
Waste Connections Inc	BBCA +0.06 points	1.51%	1.45%
Metro Inc/Cn Common Stock	BBCA +0.06 points	0.47%	0.41%
Tc Energy Corp Common	BBCA +0.06 points	2.16%	2.10%
Canadian Pacific Kansas	BBCA +0.06 points	2.55%	2.49%
Manulife Financial Corp	BBCA +0.05 points	2.39%	2.34%
Great-West Lifeco Inc	BBCA +0.06 points	0.56%	0.50%
Suncor Energy Inc Common	BBCA +0.05 points	3.01%	2.96%
Wheaton Precious Metals	BBCA +0.05 points	1.70%	1.65%
Intact Financial Corp	BBCA +0.04 points	1.07%	1.03%
Celestica Inc Common	BBCA +0.04 points	1.07%	1.03%
National Bank of Canada	BBCA +0.05 points	1.87%	1.82%
Brookfield Asset	FLCA +0.05 points	0.51%	0.56%
Sun Life Financial Inc	BBCA +0.04 points	1.45%	1.41%
Power Corp of Canada	BBCA +0.05 points	1.19%	1.14%
Franco-Nevada Corp	BBCA +0.04 points	1.39%	1.35%
Alimentation Couche-Tard	BBCA +0.04 points	1.39%	1.35%
Loblaw Cos Ltd Common	BBCA +0.05 points	0.89%	0.84%
Nutrien Ltd	BBCA +0.04 points	1.08%	1.04%
Fortis Inc/Canada Common	BBCA +0.04 points	0.97%	0.93%
Barrick Mining Corp	BBCA +0.03 points	1.96%	1.93%
Imperial Oil Ltd Common	BBCA +0.03 points	0.66%	0.63%
Pembina Pipeline Corp	BBCA +0.03 points	0.96%	0.93%
Kinross Gold Corp Common	BBCA +0.03 points	0.78%	0.75%
Cenovus Energy Inc Common	BBCA +0.02 points	1.39%	1.37%
Magna International Inc	BBCA +0.02 points	0.52%	0.50%
Ia Financial Corp Inc	BBCA +0.03 points	0.45%	0.42%
Restaurant Brands	FLCA +0.02 points	0.76%	0.78%
Emera Inc Common Stock	BBCA +0.02 points	0.49%	0.47%
Wsp Global Inc Common	BBCA +0.02 points	0.58%	0.56%
First Quantum Minerals	BBCA +0.01 points	0.51%	0.50%
Tourmaline Oil Corp	BBCA +0.01 points	0.58%	0.57%
George Weston Ltd Common	BBCA +0.02 points	0.39%	0.37%
Lundin Mining Corp Common	BBCA +0.01 points	0.45%	0.44%
Altagas Ltd Common Stock	BBCA +0.01 points	0.40%	0.39%
Keyera Corp Common Stock	BBCA +0.02 points	0.38%	0.36%
Tmx Group Ltd Common	BBCA +0.01 points	0.38%	0.37%
Alamos Gold Inc Common	BBCA +0.01 points	0.37%	0.36%
Hydro One Ltd Common	BBCA +0.02 points	0.41%	0.39%
Gfl Environmental Inc	BBCA +0.01 points	0.50%	0.49%
Saputo Inc Common Stock	BBCA +0.01 points	0.22%	0.21%
Cameco Corp Common Stock	FLCA +0.01 points	1.04%	1.05%
Cae Inc Common Stock Cad	BBCA +0.01 points	0.27%	0.26%
Tfi International Inc	BBCA +0.01 points	0.23%	0.22%
Bce Inc Common Stock Cad	Same weight	0.20%	0.20%
Thomson Reuters Corp	BBCA +0.01 points	0.50%	0.49%
Gildan Activewear Inc	Same weight	0.23%	0.23%
Lundin Gold Inc Common	BBCA +0.01 points	0.19%	0.18%
Telus Corp	BBCA +0.01 points	0.15%	0.14%
Igm Financial Inc Common	Same weight	0.14%	0.14%
Rb Global Inc	Same weight	0.52%	0.52%
Stantec Inc Common Stock	Same weight	0.26%	0.26%

All 76 BBCA holdings⁠All 53 FLCA holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

BBCA vs FLCA Cost

Overpaying BBCA vs FLCA

$2,054

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

BBCA 0.19%
$3,952
FLCA 0.09%
$1,898

Amount$10,000

Years30 years

Cost over time

BBCA 0.19%
FLCA 0.09%
Overpaying

Year by year

Year	BBCA	FLCA	Overpaying
10	$347	$165	$182
20	$1,351	$646	$705
30	$3,952	$1,898	$2,054

Expense ratio

0.19%BBCA
0.09%FLCA, cheaper

FLCA0.09%BBCA0.19%

0.09%0.95%

Middle half of Developed Single Country funds
Median 0.50%

FLCA cheapest of 38 funds

BBCA 7th cheapest of 38 funds

BBCA vs FLCA Dividends

Last 12 months to Oct 30, 2026

Yield (12M): BBCA 1.68%; FLCA 1.70%, better
Payout (12M): BBCA $1.75; FLCA $0.92
Last payment: BBCA $0.42; FLCA $0.39
Ex-dividend: BBCA Sep 22, 2026; FLCA Jun 26, 2026
Paid on: BBCA Sep 24, 2026; FLCA Jul 6, 2026
Frequency: BBCA Quarterly; FLCA Twice a year

Distribution history

Per share, 2017 to 2026, same scale for both

BBCAQuarterly · 33 paymentsAll BBCA payments⁠

FLCATwice a year · 19 paymentsAll FLCA payments⁠

BBCA vs FLCA Risk

Fall from peak · 5 years

BBCA
FLCA

Risk facts

VolatilityStd dev, 3 years: BBCA 12.9%, betterFLCA 13.1%
Return per unit of riskSharpe ratio, 3 years: BBCA 1.55, betterFLCA 1.54
Worst fallMax drawdown, 5 years: BBCA −24.4%FLCA −24.2%, better
Market sensitivityBeta, 5 years: BBCA 0.88FLCA 0.81; Market = 1

BBCA and FLCA in the news

All news⁠

Category Review
Korea and Taiwan made the year in markets not everyone calls developed
Updated Oct 28, 2026BBCAFLCA
News
Trump bans Canadian beer, whisky and large motorcycles from September 29
Sep 9, 2026BBCAFLCA

Popular comparisons

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BBCA vs FLCA

In short

Stated mandate

Why people hold it

Worth knowing

How BBCA and FLCA differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in BBCA

Only in FLCA

Weight gaps

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

Korea and Taiwan made the year in markets not everyone calls developed

Trump bans Canadian beer, whisky and large motorcycles from September 29

How BBCA and FLCA differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in BBCA

Only in FLCA

Weight gaps