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HXT.TO vs. LVHI
Performance
Return for Risk
Drawdowns
Volatility
Dividends

HXT.TO vs. LVHI

Last updated Jun 13, 2026

HXT.TO (Global X S&P/TSX 60 Corporate Class ETF) and LVHI (Franklin International Low Volatility High Dividend Index ETF) are both exchange-traded funds - HXT.TO is a Canada Equities fund tracking the S&P/TSX 60 Index, while LVHI is a Volatility Hedged Equity fund tracking the Franklin International Low Volatility High Dividend Hedged Index-NR. Both are passively managed. Over the past 5 years, HXT.TO returned 14.58%/yr vs 19.40%/yr for LVHI. At a 0.49 correlation, their price movements are largely independent. HXT.TO charges 0.07%/yr vs 0.40%/yr for LVHI.

Performance

HXT.TO vs. LVHI - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Global X S&P/TSX 60 Corporate Class ETF (HXT.TO) and Franklin International Low Volatility High Dividend Index ETF (LVHI). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

HXT.TO is traded in CAD, while LVHI is traded in USD. To make them comparable, the LVHI values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, HXT.TO achieves a 11.19% return, which is significantly lower than LVHI's 16.20% return.

HXT.TO

1D
0.62%
1M
4.35%
YTD
11.19%
6M
11.91%
1Y
32.21%
3Y*
22.95%
5Y*
14.58%
10Y*
13.12%

LVHI

1D
0.78%
1M
3.45%
YTD
16.20%
6M
16.73%
1Y
34.74%
3Y*
23.38%
5Y*
19.40%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

HXT.TO vs. LVHI - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
HXT.TO
Global X S&P/TSX 60 Corporate Class ETF		11.19%28.74%20.94%12.02%-6.27%28.11%5.36%22.18%-7.89%9.77%
LVHI
Franklin International Low Volatility High Dividend Index ETF		16.20%21.32%24.53%14.66%10.42%18.13%-10.92%13.47%2.75%4.66%

Correlation

The correlation between HXT.TO and LVHI is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.45

Correlation (3Y)
Calculated over the trailing 3-year period

0.53

Correlation (5Y)
Calculated over the trailing 5-year period

0.51

Correlation (All Time)
Calculated using the full available price history since Jul 28, 2016

0.49

The correlation between HXT.TO and LVHI has been stable across timeframes, ranging from 0.45 to 0.53 - a consistent structural relationship.

HXT.TO vs. LVHI - Sectors Allocation Comparison

Sectors
HXT.TO
LVHI

Financial Services

37.3%
23.6%

Energy

15.9%
17.4%

Basic Materials

12.6%
6.1%

Technology

12.0%
0.1%

Industrials

8.9%
13.4%

Consumer Cyclical

3.9%
5.3%

Consumer Defensive

3.6%
8.7%

Utilities

2.9%
10.4%

Communication Services

2.4%
5.8%

Real Estate

0.5%
1.9%

Healthcare

-

7.4%

Financial Services

HXT.TO
37.3%
LVHI
23.6%

Energy

HXT.TO
15.9%
LVHI
17.4%

Basic Materials

HXT.TO
12.6%
LVHI
6.1%

Technology

HXT.TO
12.0%
LVHI
0.1%

Industrials

HXT.TO
8.9%
LVHI
13.4%

Consumer Cyclical

HXT.TO
3.9%
LVHI
5.3%

Consumer Defensive

HXT.TO
3.6%
LVHI
8.7%

Utilities

HXT.TO
2.9%
LVHI
10.4%

Communication Services

HXT.TO
2.4%
LVHI
5.8%

Real Estate

HXT.TO
0.5%
LVHI
1.9%

Healthcare

HXT.TO

-

LVHI
7.4%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Global X S&P/TSX 60 Corporate Class ETF

Franklin International Low Volatility High Dividend Index ETF

Often compared with HXT.TO:
HXT.TO vs. VCN.TOHXT.TO vs. XIU.TOHXT.TO vs. XIC.TOHXT.TO vs. XEQT.TOHXT.TO vs. VFV.TOHXT.TO vs. HXCN.TOHXT.TO vs. HXH.TO
Often compared with LVHI:
LVHI vs. SCHDLVHI vs. IDVLVHI vs. DIVILVHI vs. VYMILVHI vs. VOOLVHI vs. SPYLVHI vs. VFQY

Return for Risk

HXT.TO vs. LVHI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
HXT.TO
HXT.TO Risk / Return Rank: 8989
Overall Rank
HXT.TO Sharpe Ratio Rank: 9191
Sharpe Ratio Rank
HXT.TO Sortino Ratio Rank: 8989
Sortino Ratio Rank
HXT.TO Omega Ratio Rank: 8989
Omega Ratio Rank
HXT.TO Calmar Ratio Rank: 8686
Calmar Ratio Rank
HXT.TO Martin Ratio Rank: 9191
Martin Ratio Rank
LVHI
LVHI Risk / Return Rank: 9494
Overall Rank
LVHI Sharpe Ratio Rank: 9595
Sharpe Ratio Rank
LVHI Sortino Ratio Rank: 9595
Sortino Ratio Rank
LVHI Omega Ratio Rank: 9494
Omega Ratio Rank
LVHI Calmar Ratio Rank: 9292
Calmar Ratio Rank
LVHI Martin Ratio Rank: 9393
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

HXT.TO vs. LVHI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X S&P/TSX 60 Corporate Class ETF (HXT.TO) and Franklin International Low Volatility High Dividend Index 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.

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.

HXT.TOLVHIDifference
Sharpe ratioReturn per unit of total volatility
2.70
3.33

-0.63

Sortino ratioReturn per unit of downside risk
3.61
4.68

-1.08

Omega ratioGain probability vs. loss probability

1.49

1.60

-0.11

Calmar ratioReturn relative to maximum drawdown

4.20

6.16

-1.96

Martin ratioReturn relative to average drawdown

19.34

21.15

-1.81

HXT.TO vs. LVHI - Sharpe Ratio Comparison

The current HXT.TO Sharpe Ratio is 2.70, which is comparable to the LVHI Sharpe Ratio of 3.33. The chart below compares the historical Sharpe Ratios of HXT.TO and LVHI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

HXT.TO vs. LVHI - Drawdown Comparison

The maximum HXT.TO drawdown since its inception was -52.13%, which is greater than LVHI's maximum drawdown of -29.52%. Use the drawdown chart below to compare losses from any high point for HXT.TO and LVHI.

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Drawdown Indicators

HXT.TOLVHIDifference

Max Drawdown

Largest peak-to-trough decline

-52.13%

-29.52%

-22.61%

Max Drawdown (1Y)

Largest decline over 1 year

-7.71%

-5.66%

-2.05%

Max Drawdown (3Y)

Largest decline over 3 years

-12.36%

-12.48%

+0.12%

Max Drawdown (5Y)

Largest decline over 5 years

-16.33%

-12.48%

-3.85%

Max Drawdown (10Y)

Largest decline over 10 years

-35.48%

—

—

Current Drawdown

Current decline from peak

-0.22%

0.00%

-0.22%

Average Drawdown

Average peak-to-trough decline

-19.06%

-4.53%

-14.53%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.67%

1.66%

+0.01%

Volatility

HXT.TO vs. LVHI - Volatility Comparison

Global X S&P/TSX 60 Corporate Class ETF (HXT.TO) has a higher volatility of 3.94% compared to Franklin International Low Volatility High Dividend Index ETF (LVHI) at 3.01%. This indicates that HXT.TO's price experiences larger fluctuations and is considered to be riskier than LVHI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

HXT.TOLVHIDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.94%

3.01%

+0.93%

Volatility (6M)

Calculated over the trailing 6-month period

9.57%

8.51%

+1.06%

Volatility (1Y)

Calculated over the trailing 1-year period

11.98%

10.47%

+1.51%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

12.80%

12.86%

-0.06%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.17%

15.35%

-0.18%

HXT.TO vs. LVHI - Expense Ratio Comparison

HXT.TO has a 0.07% expense ratio, which is lower than LVHI's 0.40% expense ratio.

Dividends

HXT.TO vs. LVHI - Dividend Comparison

HXT.TO has not paid dividends to shareholders, while LVHI's dividend yield for the trailing twelve months is around 4.69%.

PositionTTM2025202420232022202120202019201820172016
HXT.TO
Global X S&P/TSX 60 Corporate Class ETF		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
LVHI
Franklin International Low Volatility High Dividend Index ETF		4.69%4.92%3.98%8.12%7.74%4.13%3.97%6.67%10.67%3.38%2.02%

Frequently Asked Questions

HXT.TO and LVHI have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, HXT.TO is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.

HXT.TO is cheaper with a 0.07% expense ratio, compared with 0.40% for LVHI.

HXT.TO is categorized as Canada Equities, while LVHI is Volatility Hedged Equity. HXT.TO tracks S&P/TSX 60 Index, while LVHI tracks Franklin International Low Volatility High Dividend Hedged Index-NR. They also come from different issuers: Global X and Franklin Templeton. Their fees differ too: 0.07% for HXT.TO and 0.40% for LVHI.

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