FRIZ vs. LVHD
FRIZ (Franklin Dividend Growth ETF) and LVHD (Franklin U.S. Low Volatility High Dividend Index ETF) are both Dividend funds from Franklin Templeton. FRIZ is actively managed, while LVHD is passively managed. At a 0.41 correlation, their price movements are largely independent. FRIZ charges 0.49%/yr vs 0.27%/yr for LVHD.
Performance
FRIZ vs. LVHD - Performance Comparison
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Returns By Period
In the year-to-date period, FRIZ achieves a 2.17% return, which is significantly lower than LVHD's 13.03% return.
FRIZ
- 1D
- -0.28%
- 1M
- -0.08%
- YTD
- 2.17%
- 6M
- 1.17%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
LVHD
- 1D
- 1.16%
- 1M
- 3.80%
- YTD
- 13.03%
- 6M
- 12.46%
- 1Y
- 16.96%
- 3Y*
- 11.07%
- 5Y*
- 7.77%
- 10Y*
- 8.58%
FRIZ vs. LVHD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
FRIZ Franklin Dividend Growth ETF | 2.17% | 3.22% |
LVHD Franklin U.S. Low Volatility High Dividend Index ETF | 13.03% | -0.97% |
Correlation
The correlation between FRIZ and LVHD is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Aug 29, 2025 | 0.41 |
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Return for Risk
FRIZ vs. LVHD — Risk / Return Rank
FRIZ
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
LVHD
FRIZ vs. LVHD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin Dividend Growth ETF (FRIZ) 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.
| FRIZ | LVHD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.30 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.76 | — |
| Martin ratioReturn relative to average drawdown | — | 6.87 | — |
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Drawdowns
FRIZ vs. LVHD - Drawdown Comparison
The maximum FRIZ drawdown since its inception was -7.84%, smaller than the maximum LVHD drawdown of -37.32%. Use the drawdown chart below to compare losses from any high point for FRIZ and LVHD.
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Drawdown Indicators
| FRIZ | LVHD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -7.84% | -37.32% | +29.48% |
Max Drawdown (1Y)Largest decline over 1 year | — | -6.17% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -14.29% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -16.75% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -37.32% | — |
Current DrawdownCurrent decline from peak | -1.63% | 0.00% | -1.63% |
Average DrawdownAverage peak-to-trough decline | -1.43% | -4.03% | +2.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.48% | — |
Volatility
FRIZ vs. LVHD - Volatility Comparison
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Volatility by Period
| FRIZ | LVHD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 4.13% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 7.31% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 9.97% | 9.91% | +0.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.97% | 12.92% | -2.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.97% | 15.53% | -5.56% |
FRIZ vs. LVHD - Expense Ratio Comparison
FRIZ has a 0.49% expense ratio, which is higher than LVHD's 0.27% expense ratio.
Dividends
FRIZ vs. LVHD - Dividend Comparison
FRIZ's dividend yield for the trailing twelve months is around 0.82%, less than LVHD's 3.21% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
FRIZ Franklin Dividend Growth ETF | 0.82% | 0.34% | 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 | 3.21% | 3.35% | 4.23% | 3.55% | 3.30% | 2.56% | 3.27% | 3.30% | 3.82% | 3.33% | 2.48% |
Frequently Asked Questions
FRIZ and LVHD have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, LVHD is cheaper at 0.27% per year. The better choice depends on whether you care most about return, fees, risk, or income.
LVHD is cheaper with a 0.27% expense ratio, compared with 0.49% for FRIZ.
LVHD has the higher dividend yield at 3.21%, compared with 0.82% for FRIZ.
Their fees differ too: 0.49% for FRIZ and 0.27% for LVHD.
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