EMPB vs. LVHI

Last updated Jun 24, 2026

EMPB (Efficient Market Portfolio Plus ETF) and LVHI (Franklin International Low Volatility High Dividend Index ETF) are both exchange-traded funds - EMPB is a Long-Short fund actively managed by Empowered Funds, while LVHI is a Volatility Hedged Equity fund tracking the Franklin International Low Volatility High Dividend Hedged Index-NR. EMPB is actively managed, while LVHI is passively managed. Over the past year, EMPB returned 18.84% vs 31.92% for LVHI. At a 0.33 correlation, their price movements are largely independent. EMPB charges 1.82%/yr vs 0.40%/yr for LVHI.

Performance

EMPB vs. LVHI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Efficient Market Portfolio Plus ETF (EMPB) and Franklin International Low Volatility High Dividend Index ETF (LVHI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with EMPB having a 12.86% return and LVHI slightly lower at 12.42%.

EMPB

• 1D: -0.47%
• 1M: 1.21%
• YTD: 12.86%
• 6M: 12.85%
• 1Y: 18.84%
• 3Y*: —
• 5Y*: —
• 10Y*: —

LVHI

• 1D: -0.15%
• 1M: -0.65%
• YTD: 12.42%
• 6M: 12.76%
• 1Y: 31.92%
• 3Y*: 21.68%
• 5Y*: 15.85%
• 10Y*: —

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

EMPB vs. LVHI - Yearly Performance Comparison

	2026 (YTD)	2025	2024
EMPB Efficient Market Portfolio Plus ETF	12.86%	14.84%	0.43%
LVHI Franklin International Low Volatility High Dividend Index ETF	12.42%	27.12%	-0.81%

Correlation

The correlation between EMPB and LVHI is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.28
Correlation (All Time) Calculated using the full available price history since Dec 12, 2024	0.33

Return for Risk

EMPB vs. LVHI — Risk / Return Rank

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

EMPB

EMPB Risk / Return Rank: 57
EMPB Sharpe Ratio Rank: 53
EMPB Sortino Ratio Rank: 53
EMPB Omega Ratio Rank: 55
EMPB Calmar Ratio Rank: 67
EMPB Martin Ratio Rank: 57

LVHI

LVHI Risk / Return Rank: 93
LVHI Sharpe Ratio Rank: 94
LVHI Sortino Ratio Rank: 94
LVHI Omega Ratio Rank: 93
LVHI Calmar Ratio Rank: 90
LVHI Martin Ratio Rank: 92

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.

EMPB vs. LVHI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Efficient Market Portfolio Plus ETF (EMPB) 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.

	EMPB	LVHI	Difference
Sharpe ratio: Return per unit of total volatility	1.69	3.34	-1.64
Sortino ratio: Return per unit of downside risk	2.39	4.56	-2.18
Omega ratio: Gain probability vs. loss probability	1.32	1.63	-0.31
Calmar ratio: Return relative to maximum drawdown	3.16	5.28	-2.12
Martin ratio: Return relative to average drawdown	9.30	21.81	-12.51

EMPB vs. LVHI - Sharpe Ratio Comparison

The current EMPB Sharpe Ratio is 1.69, which is lower than the LVHI Sharpe Ratio of 3.34. The chart below compares the historical Sharpe Ratios of EMPB 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

EMPB vs. LVHI - Drawdown Comparison

The maximum EMPB drawdown since its inception was -7.55%, smaller than the maximum LVHI drawdown of -32.31%. Use the drawdown chart below to compare losses from any high point for EMPB and LVHI.

Drawdown Indicators

	EMPB	LVHI	Difference
Max Drawdown Largest peak-to-trough decline	-7.55%	-32.31%	+24.76%
Max Drawdown (1Y) Largest decline over 1 year	-5.98%	-6.08%	+0.10%
Max Drawdown (3Y) Largest decline over 3 years	—	-11.99%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-11.99%	—
Current Drawdown Current decline from peak	-1.15%	-1.19%	+0.04%
Average Drawdown Average peak-to-trough decline	-1.46%	-3.50%	+2.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.03%	1.47%	+0.56%

Volatility

EMPB vs. LVHI - Volatility Comparison

The current volatility for Efficient Market Portfolio Plus ETF (EMPB) is 2.29%, while Franklin International Low Volatility High Dividend Index ETF (LVHI) has a volatility of 2.61%. This indicates that EMPB experiences smaller price fluctuations and is considered to be less risky than LVHI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EMPB	LVHI	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.29%	2.61%	-0.32%
Volatility (6M) Calculated over the trailing 6-month period	8.51%	7.70%	+0.81%
Volatility (1Y) Calculated over the trailing 1-year period	11.27%	9.61%	+1.66%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.70%	11.07%	+0.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.70%	13.74%	-2.04%

EMPB vs. LVHI - Expense Ratio Comparison

EMPB has a 1.82% expense ratio, which is higher than LVHI's 0.40% expense ratio.

Dividends

EMPB vs. LVHI - Dividend Comparison

EMPB's dividend yield for the trailing twelve months is around 0.78%, less than LVHI's 4.74% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
EMPB Efficient Market Portfolio Plus ETF	0.78%	0.88%	0.28%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
LVHI Franklin International Low Volatility High Dividend Index ETF	4.74%	4.92%	3.98%	8.12%	7.74%	4.13%	3.97%	6.67%	10.67%	3.38%	2.02%

Frequently Asked Questions

Can I hold both EMPB and LVHI in my portfolio?

EMPB and LVHI have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EMPB or LVHI?

LVHI has higher volatility (2.61%) compared to EMPB (2.29%). In terms of maximum drawdown, EMPB dropped -7.55% vs LVHI's -32.31%.

Which ETF is better, EMPB or LVHI?

On 1-year performance, LVHI leads with 31.92% vs 18.84% for EMPB. On fees, LVHI is cheaper at 0.40% per year. On volatility, EMPB has been the lower-risk option at 2.29%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, EMPB or LVHI?

Over the 1-year period, LVHI has performed better with a 31.92% return vs 18.84%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, EMPB or LVHI?

LVHI is cheaper with a 0.40% expense ratio, compared with 1.82% for EMPB.

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

LVHI has the higher dividend yield at 4.74%, compared with 0.78% for EMPB.

What is the main difference between EMPB and LVHI?

EMPB is categorized as Long-Short, while LVHI is Volatility Hedged Equity. They also come from different issuers: Empowered Funds and Franklin Templeton. Their fees differ too: 1.82% for EMPB and 0.40% for LVHI.

Which has better risk-adjusted returns?

LVHI currently has the higher Sharpe Ratio (3.34 vs 1.69), 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.