IALT vs. LVHD
IALT (iShares Systematic Alternatives Active ETF) and LVHD (Franklin U.S. Low Volatility High Dividend Index ETF) are both exchange-traded funds - IALT is a Multistrategy fund actively managed by iShares, while LVHD is a Dividend fund tracking the Franklin U.S. Low Volatility High Dividend Index. IALT is actively managed, while LVHD is passively managed. Their -0.03 correlation means they have often moved in opposite directions in the past. IALT charges 0.99%/yr vs 0.27%/yr for LVHD.
Performance
IALT vs. LVHD - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both stocks are quite close, with IALT having a 13.85% return and LVHD slightly lower at 13.57%.
IALT
- 1D
- 0.21%
- 1M
- 2.39%
- 6M
- 11.00%
- YTD
- 13.85%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
LVHD
- 1D
- -0.01%
- 1M
- -0.57%
- 6M
- 7.71%
- YTD
- 13.57%
- 1Y
- 14.82%
- 3Y*
- 10.47%
- 5Y*
- 7.44%
- 10Y*
- 8.26%
- ALL TIME*
- 9.15%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $40.45M | $35.41M | $114.47M | |
| $2.34M | $2.46M | $2.92M |
IALT vs. LVHD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
IALT iShares Systematic Alternatives Active ETF | 13.85% | 0.83% |
LVHD Franklin U.S. Low Volatility High Dividend Index ETF | 13.57% | 0.92% |
Correlation
The correlation between IALT and LVHD is -0.03, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Dec 10, 2025 | -0.03 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IALT vs. LVHD — Risk / Return Rank
IALT
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
LVHD
IALT vs. LVHD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Systematic Alternatives Active ETF (IALT) 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.
| IALT | LVHD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.25 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.41 | — |
| Martin ratioReturn relative to average drawdown | — | 5.96 | — |
Loading charts...
Drawdowns
IALT vs. LVHD - Drawdown Comparison
The maximum IALT drawdown since its inception was -2.27%, smaller than the maximum LVHD drawdown of -37.32%. Use the drawdown chart below to compare losses from any high point for IALT and LVHD.
Loading charts...
Drawdown Indicators
| IALT | LVHD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -2.27% | -37.32% | +35.05% |
Max Drawdown (1Y)Largest decline over 1 year | — | -6.17% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -11.87% | — |
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 | -0.55% | -2.13% | +1.58% |
Average DrawdownAverage peak-to-trough decline | -0.49% | -4.00% | +3.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.49% | — |
Volatility
IALT vs. LVHD - Volatility Comparison
Loading charts...
Volatility by Period
| IALT | LVHD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 4.27% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 8.31% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 8.01% | 10.53% | -2.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.01% | 13.05% | -5.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.01% | 15.58% | -7.57% |
IALT vs. LVHD - Expense Ratio Comparison
IALT has a 0.99% expense ratio, which is higher than LVHD's 0.27% expense ratio.
Dividends
IALT vs. LVHD - Dividend Comparison
IALT's dividend yield for the trailing twelve months is around 0.39%, less than LVHD's 3.20% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
IALT iShares Systematic Alternatives Active ETF | 0.39% | 0.14% | 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 | 3.20% | 3.35% | 4.23% | 3.55% | 3.30% | 2.56% | 3.27% | 3.30% | 3.82% | 3.33% | 2.48% |
Frequently Asked Questions
IALT and LVHD have a correlation of -0.03, 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 0.99% for IALT.
LVHD has the higher dividend yield at 3.20%, compared with 0.39% for IALT.
IALT is categorized as Multistrategy, while LVHD is Dividend. They also come from different issuers: iShares and Franklin Templeton. Their fees differ too: 0.99% for IALT and 0.27% for LVHD.
Find the right allocation for IALT and LVHD
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer