HDMV vs. LVHI
Compare and contrast key facts about First Trust Horizon Managed Volatility Developed Intl ETF (HDMV) and Legg Mason International Low Volatility High Dividend ETF (LVHI).
HDMV and LVHI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HDMV is an actively managed fund by First Trust. It was launched on Aug 24, 2016. LVHI is a passively managed fund by Franklin Templeton that tracks the performance of the QS International Low Volatility High Dividend Hedged Index. It was launched on Jul 27, 2016.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HDMV or LVHI.
Correlation
The correlation between HDMV and LVHI is 0.58, 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.
Performance
HDMV vs. LVHI - Performance Comparison
Key characteristics
HDMV:
1.84
LVHI:
0.96
HDMV:
2.41
LVHI:
1.32
HDMV:
1.36
LVHI:
1.21
HDMV:
2.31
LVHI:
1.09
HDMV:
5.74
LVHI:
5.54
HDMV:
4.16%
LVHI:
2.37%
HDMV:
13.05%
LVHI:
13.71%
HDMV:
-32.01%
LVHI:
-32.31%
HDMV:
0.00%
LVHI:
-2.92%
Returns By Period
In the year-to-date period, HDMV achieves a 19.18% return, which is significantly higher than LVHI's 4.90% return.
HDMV
19.18%
6.08%
12.46%
23.88%
7.63%
N/A
LVHI
4.90%
-1.97%
4.57%
13.10%
14.49%
N/A
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HDMV vs. LVHI - Expense Ratio Comparison
HDMV has a 0.80% expense ratio, which is higher than LVHI's 0.40% expense ratio.
Risk-Adjusted Performance
HDMV vs. LVHI — Risk-Adjusted Performance Rank
HDMV
LVHI
HDMV vs. LVHI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Horizon Managed Volatility Developed Intl ETF (HDMV) and Legg Mason International Low Volatility High Dividend ETF (LVHI). 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
HDMV vs. LVHI - Dividend Comparison
HDMV's dividend yield for the trailing twelve months is around 2.65%, less than LVHI's 5.02% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
HDMV First Trust Horizon Managed Volatility Developed Intl ETF | 2.65% | 3.24% | 3.14% | 3.53% | 3.11% | 1.45% | 3.64% | 2.88% | 3.23% | 0.18% |
LVHI Legg Mason International Low Volatility High Dividend ETF | 5.02% | 4.95% | 8.12% | 7.74% | 4.13% | 3.97% | 6.67% | 10.67% | 1.97% | 1.16% |
Drawdowns
HDMV vs. LVHI - Drawdown Comparison
The maximum HDMV drawdown since its inception was -32.01%, roughly equal to the maximum LVHI drawdown of -32.31%. Use the drawdown chart below to compare losses from any high point for HDMV and LVHI. For additional features, visit the drawdowns tool.
Volatility
HDMV vs. LVHI - Volatility Comparison
The current volatility for First Trust Horizon Managed Volatility Developed Intl ETF (HDMV) is 8.42%, while Legg Mason International Low Volatility High Dividend ETF (LVHI) has a volatility of 10.22%. This indicates that HDMV experiences smaller price fluctuations and is considered to be less risky than LVHI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.