FDTX vs. LVHD

Last updated Aug 4, 2026

FDTX (Fidelity Disruptive Technology ETF) and LVHD (Franklin U.S. Low Volatility High Dividend Index ETF) are both exchange-traded funds - FDTX is a Technology Equities fund actively managed by Fidelity, while LVHD is a Dividend fund tracking the Franklin U.S. Low Volatility High Dividend Index. FDTX is actively managed, while LVHD is passively managed. Over the past 3 years, FDTX returned 26.10%/yr vs 10.47%/yr for LVHD. Their -0.00 correlation means they have often moved in opposite directions in the past. FDTX charges 0.50%/yr vs 0.27%/yr for LVHD.

Performance

FDTX vs. LVHD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Disruptive Technology ETF (FDTX) and Franklin U.S. Low Volatility High Dividend Index ETF (LVHD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FDTX achieves a 27.36% return, which is significantly higher than LVHD's 13.57% return.

FDTX

• 1D: 2.32%
• 1M: -3.68%
• 6M: 27.88%
• YTD: 27.36%
• 1Y: 34.91%
• 3Y*: 26.10%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 25.79%

LVHD

• 1D: -0.01%
• 1M: -0.57%
• 6M: 7.71%
• YTD: 13.57%
• 1Y: 14.82%
• 3Y*: 10.47%
• 5Y*: 7.44%
• 10Y*: 8.26%
• ALL TIME*: 9.15%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FDTX Fidelity Disruptive Technology ETF	$2.24M	$2.53M	$3.06M
LVHD Franklin U.S. Low Volatility High Dividend Index ETF	$2.34M	$2.46M	$2.92M

FDTX vs. LVHD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
FDTX Fidelity Disruptive Technology ETF	27.36%	15.25%	23.99%	13.00%
LVHD Franklin U.S. Low Volatility High Dividend Index ETF	13.57%	7.50%	10.18%	2.04%

Correlation

The correlation between FDTX and LVHD is -0.23, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	-0.23
Correlation (3Y) Balances recent behavior with more history.	-0.01
Correlation (All Time) Calculated using the full available price history since Jun 12, 2023	-0.00

Over the past year, the inverse relationship between FDTX and LVHD has strengthened: their correlation has moved from -0.00 to -0.23, meaning they now move in opposite directions more often than their long-term average.

FDTX vs. LVHD - Sectors Allocation Comparison

Sectors	FDTX	LVHD
Technology	87.5%	3.1%
Communication Services	6.8%	2.2%
Consumer Cyclical	5.0%	7.5%
Industrials	0.8%	4.9%
Basic Materials	-	-
Consumer Defensive	-	21.8%
Energy	-	7.0%
Financial Services	-	8.6%
Healthcare	-	4.7%
Real Estate	-	15.4%
Utilities	-	24.8%

Return for Risk

FDTX vs. LVHD — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

FDTX

FDTX Risk / Return Rank: 45
FDTX Sharpe Ratio Rank: 45
FDTX Sortino Ratio Rank: 44
FDTX Omega Ratio Rank: 43
FDTX Calmar Ratio Rank: 49
FDTX Martin Ratio Rank: 44

LVHD

LVHD Risk / Return Rank: 58
LVHD Sharpe Ratio Rank: 58
LVHD Sortino Ratio Rank: 62
LVHD Omega Ratio Rank: 54
LVHD Calmar Ratio Rank: 68
LVHD Martin Ratio Rank: 50

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

FDTX vs. LVHD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Disruptive Technology ETF (FDTX) and Franklin U.S. Low Volatility High Dividend Index ETF (LVHD). 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.

	FDTX	LVHD	Difference
Sharpe ratio: Return per unit of total volatility	1.15	1.42	-0.27
Sortino ratio: Return per unit of downside risk	1.65	2.13	-0.49
Omega ratio: Gain probability vs. loss probability	1.21	1.25	-0.04
Calmar ratio: Return relative to maximum drawdown	1.79	2.41	-0.62
Martin ratio: Return relative to average drawdown	4.91	5.96	-1.05

FDTX vs. LVHD - Sharpe Ratio Comparison

The current FDTX Sharpe Ratio is 1.15, which is comparable to the LVHD Sharpe Ratio of 1.42. The chart below compares the historical Sharpe Ratios of FDTX and LVHD, 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

FDTX vs. LVHD - Drawdown Comparison

The maximum FDTX drawdown since its inception was -27.23%, smaller than the maximum LVHD drawdown of -37.32%. Use the drawdown chart below to compare losses from any high point for FDTX and LVHD.

Drawdown Indicators

	FDTX	LVHD	Difference
Max Drawdown Largest peak-to-trough decline	-27.23%	-37.32%	+10.09%
Max Drawdown (1Y) Largest decline over 1 year	-19.56%	-6.17%	-13.39%
Max Drawdown (3Y) Largest decline over 3 years	-27.23%	-11.87%	-15.36%
Max Drawdown (5Y) Largest decline over 5 years	—	-16.75%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-37.32%	—
Current Drawdown Current decline from peak	-11.05%	-2.13%	-8.92%
Average Drawdown Average peak-to-trough decline	-5.64%	-4.00%	-1.64%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.13%	2.49%	+4.64%

Volatility

FDTX vs. LVHD - Volatility Comparison

Fidelity Disruptive Technology ETF (FDTX) has a higher volatility of 12.21% compared to Franklin U.S. Low Volatility High Dividend Index ETF (LVHD) at 4.27%. This indicates that FDTX's price experiences larger fluctuations and is considered to be riskier than LVHD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FDTX	LVHD	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.21%	4.27%	+7.94%
Volatility (6M) Calculated over the trailing 6-month period	26.50%	8.31%	+18.19%
Volatility (1Y) Calculated over the trailing 1-year period	30.58%	10.53%	+20.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.14%	13.05%	+14.09%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.14%	15.58%	+11.56%

FDTX vs. LVHD - Expense Ratio Comparison

FDTX has a 0.50% expense ratio, which is higher than LVHD's 0.27% expense ratio.

Dividends

FDTX vs. LVHD - Dividend Comparison

FDTX has not paid dividends to shareholders, while LVHD's dividend yield for the trailing twelve months is around 3.20%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
FDTX Fidelity Disruptive Technology ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
LVHD Franklin U.S. Low Volatility High Dividend Index ETF	3.20%	3.35%	4.23%	3.55%	3.30%	2.56%	3.27%	3.30%	3.82%	3.33%	2.48%

Frequently Asked Questions

Can I hold both FDTX and LVHD in my portfolio?

FDTX and LVHD have a correlation of -0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FDTX or LVHD?

FDTX has higher volatility (12.21%) compared to LVHD (4.27%). In terms of maximum drawdown, FDTX dropped -27.23% vs LVHD's -37.32%.

Which ETF is better, FDTX or LVHD?

On 3-year performance, FDTX leads with 26.10% vs 10.47% for LVHD. On fees, LVHD is cheaper at 0.27% per year. On volatility, LVHD has been the lower-risk option at 4.27%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FDTX or LVHD?

Over the 3-year period, FDTX has performed better with a 26.10% return vs 10.47%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FDTX or LVHD?

LVHD is cheaper with a 0.27% expense ratio, compared with 0.50% for FDTX.

Which ETF pays a higher dividend yield, FDTX or LVHD?

LVHD has the higher dividend yield at 3.20%, compared with 0.00% for FDTX.

What is the main difference between FDTX and LVHD?

FDTX is categorized as Technology Equities, while LVHD is Dividend. They also come from different issuers: Fidelity and Franklin Templeton. Their fees differ too: 0.50% for FDTX and 0.27% for LVHD.

Which has better risk-adjusted returns?

LVHD currently has the higher Sharpe Ratio (1.42 vs 1.15), 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.