FLLV vs. LGLV
Compare and contrast key facts about Franklin Liberty U.S. Low Volatility ETF (FLLV) and SPDR SSGA US Large Cap Low Volatility Index ETF (LGLV).
FLLV and LGLV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FLLV is an actively managed fund by Franklin Templeton. It was launched on Sep 20, 2016. LGLV is a passively managed fund by State Street that tracks the performance of the SSGA US Large Cap Low Volatility (TR). It was launched on Feb 20, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FLLV or LGLV.
Key characteristics
| FLLV | LGLV | |
|---|---|---|
| YTD Return | 4.37% | 6.68% |
| 1Y Return | 16.23% | 13.69% |
| 3Y Return (Ann) | 6.99% | 6.83% |
| 5Y Return (Ann) | 11.14% | 10.34% |
| Sharpe Ratio | 1.68 | 1.40 |
| Daily Std Dev | 9.73% | 9.48% |
| Max Drawdown | -33.95% | -36.64% |
| Current Drawdown | -1.63% | -1.09% |
Correlation
The correlation between FLLV and LGLV is 0.82, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
FLLV vs. LGLV - Performance Comparison
In the year-to-date period, FLLV achieves a 4.37% return, which is significantly lower than LGLV's 6.68% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FLLV vs. LGLV - Expense Ratio Comparison
FLLV has a 0.29% expense ratio, which is higher than LGLV's 0.12% expense ratio.
Risk-Adjusted Performance
FLLV vs. LGLV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin Liberty U.S. Low Volatility ETF (FLLV) and SPDR SSGA US Large Cap Low Volatility Index ETF (LGLV). 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.
Dividends
FLLV vs. LGLV - Dividend Comparison
FLLV's dividend yield for the trailing twelve months is around 1.75%, less than LGLV's 1.94% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FLLV Franklin Liberty U.S. Low Volatility ETF | 1.75% | 1.75% | 1.68% | 1.41% | 1.40% | 1.31% | 2.70% | 1.44% | 0.50% | 0.00% | 0.00% | 0.00% |
LGLV SPDR SSGA US Large Cap Low Volatility Index ETF | 1.94% | 2.03% | 1.95% | 1.65% | 1.98% | 1.89% | 2.09% | 4.39% | 2.54% | 2.97% | 7.14% | 2.99% |
Drawdowns
FLLV vs. LGLV - Drawdown Comparison
The maximum FLLV drawdown since its inception was -33.95%, smaller than the maximum LGLV drawdown of -36.64%. Use the drawdown chart below to compare losses from any high point for FLLV and LGLV. For additional features, visit the drawdowns tool.
Volatility
FLLV vs. LGLV - Volatility Comparison
Franklin Liberty U.S. Low Volatility ETF (FLLV) and SPDR SSGA US Large Cap Low Volatility Index ETF (LGLV) have volatilities of 2.14% and 2.04%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.