COLO vs. LVHI

Last updated Jun 13, 2026

COLO (Global X MSCI Colombia ETF) and LVHI (Franklin International Low Volatility High Dividend Index ETF) are both exchange-traded funds - COLO is a Latin America Equities fund tracking the MSCI All Colombia Select 25/50 Index, while LVHI is a Volatility Hedged Equity fund tracking the Franklin International Low Volatility High Dividend Hedged Index-NR. Both are passively managed. Over the past 5 years, COLO returned 16.00%/yr vs 15.97%/yr for LVHI. At a 0.40 correlation, their price movements are largely independent. COLO charges 0.62%/yr vs 0.40%/yr for LVHI.

Performance

COLO vs. LVHI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X MSCI Colombia ETF (COLO) and Franklin International Low Volatility High Dividend Index ETF (LVHI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, COLO achieves a 23.32% return, which is significantly higher than LVHI's 13.78% return.

COLO

• 1D: 2.47%
• 1M: 22.56%
• YTD: 23.32%
• 6M: 22.17%
• 1Y: 61.24%
• 3Y*: 35.23%
• 5Y*: 16.00%
• 10Y*: 7.08%

LVHI

• 1D: 0.49%
• 1M: 1.30%
• YTD: 13.78%
• 6M: 14.96%
• 1Y: 31.64%
• 3Y*: 21.52%
• 5Y*: 15.97%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

COLO vs. LVHI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
COLO Global X MSCI Colombia ETF	23.32%	68.88%	4.68%	24.92%	-21.32%	-11.50%	-14.60%	30.42%	-19.88%	11.88%
LVHI Franklin International Low Volatility High Dividend Index ETF	13.78%	27.12%	14.81%	17.45%	3.84%	18.19%	-8.76%	18.35%	-5.22%	12.26%

Correlation

The correlation between COLO and LVHI is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.35
Correlation (3Y) Calculated over the trailing 3-year period	0.42
Correlation (5Y) Calculated over the trailing 5-year period	0.44
Correlation (All Time) Calculated using the full available price history since Jul 28, 2016	0.40

COLO vs. LVHI - Sectors Allocation Comparison

Sectors	COLO	LVHI
Financial Services	39.3%	23.6%
Basic Materials	18.4%	6.1%
Utilities	17.7%	10.4%
Energy	17.3%	17.4%
Communication Services	3.4%	5.8%
Industrials	2.4%	13.4%
Consumer Cyclical	1.5%	5.3%
Consumer Defensive	-	8.7%
Healthcare	-	7.4%
Real Estate	-	1.9%
Technology	-	0.1%

Return for Risk

COLO vs. LVHI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

COLO

COLO Risk / Return Rank: 80
COLO Sharpe Ratio Rank: 90
COLO Sortino Ratio Rank: 89
COLO Omega Ratio Rank: 86
COLO Calmar Ratio Rank: 76
COLO Martin Ratio Rank: 59

LVHI

LVHI Risk / Return Rank: 94
LVHI Sharpe Ratio Rank: 95
LVHI Sortino Ratio Rank: 95
LVHI Omega Ratio Rank: 94
LVHI Calmar Ratio Rank: 92
LVHI Martin Ratio Rank: 93

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

COLO vs. LVHI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X MSCI Colombia ETF (COLO) and Franklin International Low Volatility High Dividend Index ETF (LVHI). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	COLO	LVHI	Difference
Sharpe ratio: Return per unit of total volatility	2.67	3.31	-0.64
Sortino ratio: Return per unit of downside risk	3.59	4.54	-0.96
Omega ratio: Gain probability vs. loss probability	1.46	1.63	-0.16
Calmar ratio: Return relative to maximum drawdown	3.46	5.23	-1.77
Martin ratio: Return relative to average drawdown	9.36	21.61	-12.25

COLO vs. LVHI - Sharpe Ratio Comparison

The current COLO Sharpe Ratio is 2.67, which is comparable to the LVHI Sharpe Ratio of 3.31. The chart below compares the historical Sharpe Ratios of COLO and LVHI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

COLO vs. LVHI - Drawdown Comparison

The maximum COLO drawdown since its inception was -78.91%, which is greater than LVHI's maximum drawdown of -32.31%. Use the drawdown chart below to compare losses from any high point for COLO and LVHI.

Drawdown Indicators

	COLO	LVHI	Difference
Max Drawdown Largest peak-to-trough decline	-78.91%	-32.31%	-46.60%
Max Drawdown (1Y) Largest decline over 1 year	-17.79%	-6.08%	-11.71%
Max Drawdown (3Y) Largest decline over 3 years	-18.35%	-11.99%	-6.36%
Max Drawdown (5Y) Largest decline over 5 years	-43.86%	-11.99%	-31.87%
Max Drawdown (10Y) Largest decline over 10 years	-62.75%	—	—
Current Drawdown Current decline from peak	-16.29%	0.00%	-16.29%
Average Drawdown Average peak-to-trough decline	-40.28%	-3.51%	-36.77%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.56%	1.48%	+5.08%

Volatility

COLO vs. LVHI - Volatility Comparison

Global X MSCI Colombia ETF (COLO) has a higher volatility of 11.56% compared to Franklin International Low Volatility High Dividend Index ETF (LVHI) at 2.78%. This indicates that COLO's price experiences larger fluctuations and is considered to be riskier than LVHI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	COLO	LVHI	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.56%	2.78%	+8.78%
Volatility (6M) Calculated over the trailing 6-month period	20.33%	7.72%	+12.61%
Volatility (1Y) Calculated over the trailing 1-year period	23.03%	9.60%	+13.43%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.37%	11.08%	+12.29%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.47%	13.75%	+11.72%

COLO vs. LVHI - Expense Ratio Comparison

COLO has a 0.62% expense ratio, which is higher than LVHI's 0.40% expense ratio.

Dividends

COLO vs. LVHI - Dividend Comparison

COLO's dividend yield for the trailing twelve months is around 6.09%, more than LVHI's 4.69% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
COLO Global X MSCI Colombia ETF	6.09%	7.51%	6.08%	6.99%	12.55%	2.32%	3.23%	3.04%	3.03%	1.83%	1.48%	1.58%
LVHI Franklin International Low Volatility High Dividend Index ETF	4.69%	4.92%	3.98%	8.12%	7.74%	4.13%	3.97%	6.67%	10.67%	3.38%	2.02%	0.00%

Frequently Asked Questions

Can I hold both COLO and LVHI in my portfolio?

COLO and LVHI have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, COLO or LVHI?

COLO has higher volatility (11.56%) compared to LVHI (2.78%). In terms of maximum drawdown, COLO dropped -78.91% vs LVHI's -32.31%.

Which ETF is better, COLO or LVHI?

On 5-year performance, COLO leads with 16.00% vs 15.97% for LVHI. On fees, LVHI is cheaper at 0.40% per year. On volatility, LVHI has been the lower-risk option at 2.78%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, COLO or LVHI?

Over the 5-year period, COLO has performed better with a 16.00% return vs 15.97%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, COLO or LVHI?

LVHI is cheaper with a 0.40% expense ratio, compared with 0.62% for COLO.

Which ETF pays a higher dividend yield, COLO or LVHI?

COLO has the higher dividend yield at 6.09%, compared with 4.69% for LVHI.

What is the main difference between COLO and LVHI?

COLO is categorized as Latin America Equities, while LVHI is Volatility Hedged Equity. COLO tracks MSCI All Colombia Select 25/50 Index, while LVHI tracks Franklin International Low Volatility High Dividend Hedged Index-NR. They also come from different issuers: Global X and Franklin Templeton. Their fees differ too: 0.62% for COLO and 0.40% for LVHI.

Which has better risk-adjusted returns?

LVHI currently has the higher Sharpe Ratio (3.31 vs 2.67), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.