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FLCA vs FSZ

Franklin FTSE Canada ETF

FLCAANYSE Arca

First Trust Switzerland AlphaDEX Fund

FSZCNasdaq

Overlap

Expense ratio

FLCA −0.71pt a year

FLCA0.09%FSZ0.80%

Avg volume · 30D

FLCA 54.7×the volume

FLCA47.9KFSZ875

5Y return · a year

FLCA +5.8pt

FLCA+11.5%FSZ+5.7%

FLCA vs FSZ Performance

Nov 9, 2021 – Nov 9, 2026

+72.6%FLCA+32.0%FSZ

Nov 9, 2021 to Nov 9, 2026. FLCA +72.6%. FSZ +32.0%. Use the arrow keys to read each point.−20%0%20%60%Nov 2021May 2024Nov 2026
Expense ratio
FLCA 0.09%, better
FSZ 0.80%
Fund size
FLCA $851M
FSZ $37M
1Y total return
FLCA +24.0%, better
FSZ +12.0%
Yield (12M)
FLCA 1.69%
FSZ 1.96%, better
Holdings
FLCA 92
FSZ 41
Avg volume (30D)
FLCA 47.9K sh, better
FSZ 875 sh
NAV per share
FLCA $53.71
FSZ $82.15
52W range

ETF.net Grade

FLCA: Cost 93, Risk 89, Mission 67, Tradability 69, Holdings 81, Durability 53. FSZ: Cost 4, Risk 63, Mission 73, Tradability 39, Holdings 81, Durability 47.
Pillar letters and Scores for FLCA, FSZ, with each pillar’s weight
PillarFLCAFSZ
Cost30% weightA93HigherF4
Mission25% weightB67A73Higher
Risk15% weightA89HigherB63
Tradability15% weightB69HigherD39
Holdings10% weightA81A81
Durability5% weightC53HigherC47

Rank among Developed Single Country funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. FLCA and FSZ 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 FSZ 25th of 38 funds in the Developed Single Country Category.

  1. Rank 1AFLCAFranklin FTSE Canada ETFScore 79
  2. Rank 2AEWCiShares MSCI Canada ETFScore 78
  3. Rank 25CEWTiShares MSCI Taiwan ETFScore 45
  4. Rank 25CFSZFirst Trust Switzerland AlphaDEX FundScore 45
  5. Rank 27CNORWGlobal X MSCI Norway ETFScore 44

Our read on each fund

ETF.net Research

FLCAAFranklin FTSE Canada ETF

FSZCFirst Trust Switzerland AlphaDEX Fund

In short

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.

FSZ A Switzerland fund that doesn't just mirror the Swiss market. FSZ runs Swiss stocks through First Trust's AlphaDEX growth-and-value rules and lands on about 40 names, so the screen shapes results as much as the country does.

Stated mandate

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

FSZ The fund seeks to track, before fees and expenses, the price and yield of the Nasdaq AlphaDEX® SwitzerlandTM Index. That index selects and weights Swiss securities from the Nasdaq SwitzerlandTM Index using AlphaDEX criteria.

Why people hold it

  • 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.
  • FSZ AlphaDEX selects and weights Swiss stocks on growth and value rules, ending at about 40 names rather than a cap-weighted copy of the market.ftportfolios.com
  • Live since 2012, so the screen has a long public record across real market cycles instead of a backtest.
  • Plain mandate, no moving parts: one country, one published index, quarterly distributions, standard 1940 Act fund wrapper.

Worth knowing

  • 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.
  • FSZ At 0.80% a year, this sits at the expensive end of single-country developed funds; cohort peers such as FLKR and FLAU charge a small fraction of that.
  • A small asset base and thin trading mean spreads can be wide, so order size and timing matter more here than in a mainstream country fund.
  • About 40 screened names can drift a long way from the broad Swiss market, in either direction.

Full FLCA profile⁠

Full FSZ profile⁠

FLCA vs FSZ 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.

FLCA vs FSZ Cost

Overpaying FSZ vs FLCA

$13,448

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

  • FLCA 0.09%

    $1,898

  • FSZ 0.80%

    $15,346

$10,000
30 years

Cost over time

  • FLCA 0.09%
  • FSZ 0.80%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530FSZ $15,346FLCA $1,898

Year by year

YearFLCAFSZOverpaying
10$165$1,422$1,257
20$646$5,393$4,747
30$1,898$15,346$13,448

Expense ratio

  • 0.09%FLCA, cheaper
  • 0.80%FSZ
  • Middle half of Developed Single Country funds
  • Median 0.50%

FLCA cheapest of 38 funds

FSZ 37th cheapest of 38 funds

FLCA vs FSZ Dividends

Last 12 months to Nov 9, 2026
Yield (12M)
FLCA 1.69%
FSZ 1.96%, better
Payout (12M)
FLCA $0.92
FSZ $1.64
Last payment
FLCA $0.39
FSZ $0.81
Ex-dividend
FLCA Jun 26, 2026
FSZ Jun 25, 2026
Paid on
FLCA Jul 6, 2026
FSZ Jun 30, 2026
Frequency
FLCA Twice a year
FSZ Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

FLCATwice a year · 19 paymentsAll FLCA payments⁠
One bar per payment. 19 payments from 2017 to 2026 YTD. Dec 20, 2017 $0.02; Jun 20, 2018 $0.18; Dec 20, 2018 $0.46; Jun 11, 2019 $0.23; Dec 11, 2019 $0.37; Jun 11, 2020 $0.26; Dec 14, 2020 $0.42; Jun 10, 2021 $0.24; Dec 13, 2021 $0.44; Dec 30, 2021 $0.02; Jun 17, 2022 $0.05; Dec 16, 2022 $0.60; Jun 16, 2023 $0.30; Dec 15, 2023 $0.52; Jun 21, 2024 $0.36; Dec 20, 2024 $0.55; Jun 20, 2025 $0.37; Dec 19, 2025 $0.53; Jun 26, 2026 $0.39. Use the arrow keys to read each point.$0$12017202020232026YTD
FSZQuarterly · 22 paymentsAll FSZ payments⁠
One bar per payment. 22 payments from 2017 to 2026 YTD. Jun 22, 2017 $0.78; Jun 21, 2018 $1.00; Mar 21, 2019 $0.01; Jun 14, 2019 $0.98; Sep 25, 2019 $0.09; Jun 25, 2020 $0.77; Dec 24, 2020 $0.15; Jun 24, 2021 $0.59; Sep 23, 2021 $0.22; Dec 23, 2021 $0.35; Jun 24, 2022 $1.32; Sep 23, 2022 $0.51; Dec 23, 2022 $0.09; Mar 24, 2023 $0.09; Jun 27, 2023 $1.28; Jun 27, 2024 $1.00; Dec 13, 2024 $0.13; Mar 27, 2025 $0.04; Jun 26, 2025 $1.11; Dec 12, 2025 $0.28; Mar 26, 2026 $0.54; Jun 25, 2026 $0.81. Use the arrow keys to read each point.$0$12017202020232026YTD

FLCA vs FSZ Risk

Fall from peak · 5 years

  • FLCA
  • FSZ
Nov 9, 2021 to Nov 9, 2026. Worst fall: FSZ −34.0% · Oct 2022. Use the arrow keys to read each point.−30%−20%−10%0%Nov 2021May 2024Nov 2026

Risk facts

VolatilityStd dev, 3 years
FLCA 13.1%, betterFSZ 13.9%
Return per unit of riskSharpe ratio, 3 years
FLCA 1.54, betterFSZ 0.82
Worst fallMax drawdown, 5 years
FLCA −24.2%, betterFSZ −34.0%
Market sensitivityBeta, 5 years
FLCA 0.81FSZ 0.76

FLCA and FSZ in the news

All news⁠

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