FLLV vs. XSLV
Compare and contrast key facts about Franklin Liberty U.S. Low Volatility ETF (FLLV) and Invesco S&P SmallCap Low Volatility ETF (XSLV).
FLLV and XSLV 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. XSLV is a passively managed fund by Invesco that tracks the performance of the S&P SmallCap 600 Low Volatility Index. It was launched on Feb 15, 2013.
Performance
FLLV vs. XSLV - Performance Comparison
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FLLV vs. XSLV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FLLV Franklin Liberty U.S. Low Volatility ETF | 7.36% | 15.92% | 10.70% | 13.87% | -8.54% | 23.36% | 12.33% | 32.72% | -2.14% | 19.66% |
XSLV Invesco S&P SmallCap Low Volatility ETF | 2.45% | 0.31% | 9.81% | 1.34% | -11.83% | 29.34% | -17.40% | 22.35% | -5.41% | 8.57% |
Returns By Period
In the year-to-date period, FLLV achieves a 7.36% return, which is significantly higher than XSLV's 2.45% return.
FLLV
- 1D
- 1.23%
- 1M
- -2.97%
- YTD
- 7.36%
- 6M
- 11.87%
- 1Y
- 21.14%
- 3Y*
- 15.33%
- 5Y*
- 11.11%
- 10Y*
- —
XSLV
- 1D
- 0.76%
- 1M
- -3.66%
- YTD
- 2.45%
- 6M
- 3.26%
- 1Y
- 5.07%
- 3Y*
- 6.15%
- 5Y*
- 2.68%
- 10Y*
- 5.46%
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FLLV vs. XSLV - Expense Ratio Comparison
FLLV has a 0.29% expense ratio, which is higher than XSLV's 0.25% expense ratio.
Return for Risk
FLLV vs. XSLV — Risk / Return Rank
FLLV
XSLV
FLLV vs. XSLV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin Liberty U.S. Low Volatility ETF (FLLV) and Invesco S&P SmallCap Low Volatility ETF (XSLV). 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.
| FLLV | XSLV | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.55 | 0.32 | +1.23 |
Sortino ratioReturn per unit of downside risk | 2.17 | 0.58 | +1.59 |
Omega ratioGain probability vs. loss probability | 1.35 | 1.07 | +0.28 |
Calmar ratioReturn relative to maximum drawdown | 1.98 | 0.53 | +1.45 |
Martin ratioReturn relative to average drawdown | 9.86 | 1.83 | +8.04 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FLLV | XSLV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.55 | 0.32 | +1.23 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.84 | 0.16 | +0.68 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.27 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.81 | 0.40 | +0.41 |
Correlation
The correlation between FLLV and XSLV is 0.65, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
FLLV vs. XSLV - Dividend Comparison
FLLV's dividend yield for the trailing twelve months is around 4.80%, more than XSLV's 2.70% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FLLV Franklin Liberty U.S. Low Volatility ETF | 4.80% | 4.71% | 3.25% | 1.75% | 1.68% | 1.41% | 1.40% | 1.31% | 1.55% | 1.44% | 0.50% | 0.00% |
XSLV Invesco S&P SmallCap Low Volatility ETF | 2.70% | 2.14% | 2.55% | 2.35% | 2.78% | 1.05% | 2.49% | 2.43% | 2.75% | 1.87% | 1.96% | 2.20% |
Drawdowns
FLLV vs. XSLV - Drawdown Comparison
The maximum FLLV drawdown since its inception was -33.95%, smaller than the maximum XSLV drawdown of -44.34%. Use the drawdown chart below to compare losses from any high point for FLLV and XSLV.
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Drawdown Indicators
| FLLV | XSLV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.95% | -44.34% | +10.39% |
Max Drawdown (1Y)Largest decline over 1 year | -11.10% | -11.26% | +0.16% |
Max Drawdown (5Y)Largest decline over 5 years | -18.40% | -24.72% | +6.32% |
Max Drawdown (10Y)Largest decline over 10 years | — | -44.34% | — |
Current DrawdownCurrent decline from peak | -2.97% | -5.25% | +2.28% |
Average DrawdownAverage peak-to-trough decline | -3.30% | -7.37% | +4.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.23% | 3.25% | -1.02% |
Volatility
FLLV vs. XSLV - Volatility Comparison
The current volatility for Franklin Liberty U.S. Low Volatility ETF (FLLV) is 3.23%, while Invesco S&P SmallCap Low Volatility ETF (XSLV) has a volatility of 3.54%. This indicates that FLLV experiences smaller price fluctuations and is considered to be less risky than XSLV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FLLV | XSLV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.23% | 3.54% | -0.31% |
Volatility (6M)Calculated over the trailing 6-month period | 6.31% | 8.88% | -2.57% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.74% | 15.88% | -2.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.32% | 16.68% | -3.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.80% | 19.93% | -4.13% |