FLQS vs. LVHD
Compare and contrast key facts about Franklin LibertyQ U.S. Small Cap Equity ETF (FLQS) and Legg Mason Low Volatility High Dividend ETF (LVHD).
FLQS and LVHD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FLQS is a passively managed fund by Franklin Templeton that tracks the performance of the LibertyQ U.S. Small Cap Equity Index. It was launched on Apr 26, 2017. LVHD is a passively managed fund by Franklin Templeton that tracks the performance of the QS Low Volatility High Dividend Index. It was launched on Dec 29, 2015. Both FLQS and LVHD are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
FLQS vs. LVHD - Performance Comparison
Loading graphics...
FLQS vs. LVHD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FLQS Franklin LibertyQ U.S. Small Cap Equity ETF | 0.17% | 5.04% | 8.34% | 21.28% | -16.88% | 26.58% | 10.51% | 18.34% | -5.86% | 7.41% |
LVHD Legg Mason Low Volatility High Dividend ETF | 6.73% | 7.50% | 10.18% | -0.95% | -1.82% | 26.90% | -1.28% | 22.91% | -5.58% | 8.16% |
Returns By Period
In the year-to-date period, FLQS achieves a 0.17% return, which is significantly lower than LVHD's 6.73% return.
FLQS
- 1D
- 0.88%
- 1M
- -4.93%
- YTD
- 0.17%
- 6M
- -0.73%
- 1Y
- 10.34%
- 3Y*
- 9.75%
- 5Y*
- 4.58%
- 10Y*
- —
LVHD
- 1D
- -0.18%
- 1M
- -4.83%
- YTD
- 6.73%
- 6M
- 5.06%
- 1Y
- 7.56%
- 3Y*
- 8.47%
- 5Y*
- 7.55%
- 10Y*
- 8.18%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FLQS vs. LVHD - Expense Ratio Comparison
FLQS has a 0.35% expense ratio, which is higher than LVHD's 0.27% expense ratio.
Return for Risk
FLQS vs. LVHD — Risk / Return Rank
FLQS
LVHD
FLQS vs. LVHD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin LibertyQ U.S. Small Cap Equity ETF (FLQS) and Legg Mason Low Volatility High Dividend 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.
| FLQS | LVHD | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.54 | 0.63 | -0.10 |
Sortino ratioReturn per unit of downside risk | 0.91 | 0.95 | -0.04 |
Omega ratioGain probability vs. loss probability | 1.12 | 1.13 | -0.01 |
Calmar ratioReturn relative to maximum drawdown | 0.88 | 0.85 | +0.03 |
Martin ratioReturn relative to average drawdown | 3.01 | 3.03 | -0.02 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| FLQS | LVHD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.54 | 0.63 | -0.10 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.24 | 0.59 | -0.35 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.53 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.35 | 0.57 | -0.22 |
Correlation
The correlation between FLQS and LVHD is 0.60, 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
FLQS vs. LVHD - Dividend Comparison
FLQS's dividend yield for the trailing twelve months is around 1.44%, less than LVHD's 3.20% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
FLQS Franklin LibertyQ U.S. Small Cap Equity ETF | 1.44% | 1.16% | 1.29% | 1.75% | 1.40% | 0.95% | 1.20% | 1.41% | 1.27% | 1.02% | 0.00% |
LVHD Legg Mason Low Volatility High Dividend ETF | 3.20% | 3.35% | 4.23% | 3.55% | 3.30% | 2.56% | 3.27% | 3.30% | 3.82% | 3.33% | 2.48% |
Drawdowns
FLQS vs. LVHD - Drawdown Comparison
The maximum FLQS drawdown since its inception was -42.16%, which is greater than LVHD's maximum drawdown of -37.32%. Use the drawdown chart below to compare losses from any high point for FLQS and LVHD.
Loading graphics...
Drawdown Indicators
| FLQS | LVHD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.16% | -37.32% | -4.84% |
Max Drawdown (1Y)Largest decline over 1 year | -12.41% | -8.38% | -4.03% |
Max Drawdown (5Y)Largest decline over 5 years | -28.05% | -16.75% | -11.30% |
Max Drawdown (10Y)Largest decline over 10 years | — | -37.32% | — |
Current DrawdownCurrent decline from peak | -5.73% | -4.83% | -0.90% |
Average DrawdownAverage peak-to-trough decline | -8.14% | -4.05% | -4.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.61% | 2.39% | +1.22% |
Volatility
FLQS vs. LVHD - Volatility Comparison
Franklin LibertyQ U.S. Small Cap Equity ETF (FLQS) has a higher volatility of 5.34% compared to Legg Mason Low Volatility High Dividend ETF (LVHD) at 2.77%. This indicates that FLQS'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.
Loading graphics...
Volatility by Period
| FLQS | LVHD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.34% | 2.77% | +2.57% |
Volatility (6M)Calculated over the trailing 6-month period | 10.93% | 6.49% | +4.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.34% | 11.99% | +7.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.35% | 12.87% | +6.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.80% | 15.49% | +6.31% |