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LVHD vs. BLV
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between LVHD and BLV is 0.09, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.00.1

Performance

LVHD vs. BLV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Legg Mason Low Volatility High Dividend ETF (LVHD) and Vanguard Long-Term Bond ETF (BLV). The values are adjusted to include any dividend payments, if applicable.

0.00%5.00%10.00%15.00%JulyAugustSeptemberOctoberNovemberDecember
8.99%
-0.58%
LVHD
BLV

Key characteristics

Sharpe Ratio

LVHD:

0.87

BLV:

-0.19

Sortino Ratio

LVHD:

1.25

BLV:

-0.18

Omega Ratio

LVHD:

1.16

BLV:

0.98

Calmar Ratio

LVHD:

0.96

BLV:

-0.07

Martin Ratio

LVHD:

3.83

BLV:

-0.44

Ulcer Index

LVHD:

2.50%

BLV:

4.79%

Daily Std Dev

LVHD:

10.93%

BLV:

11.39%

Max Drawdown

LVHD:

-37.32%

BLV:

-38.29%

Current Drawdown

LVHD:

-7.12%

BLV:

-28.25%

Returns By Period

In the year-to-date period, LVHD achieves a 9.05% return, which is significantly higher than BLV's -2.74% return.


LVHD

YTD

9.05%

1M

-4.34%

6M

9.45%

1Y

9.05%

5Y*

5.87%

10Y*

N/A

BLV

YTD

-2.74%

1M

-0.56%

6M

-1.17%

1Y

-2.40%

5Y*

-3.08%

10Y*

1.11%

Compare stocks, funds, or ETFs

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


LVHD vs. BLV - Expense Ratio Comparison

LVHD has a 0.27% expense ratio, which is higher than BLV's 0.04% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


LVHD
Legg Mason Low Volatility High Dividend ETF
Expense ratio chart for LVHD: current value at 0.27% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.27%
Expense ratio chart for BLV: current value at 0.04% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.04%

Risk-Adjusted Performance

LVHD vs. BLV - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Legg Mason Low Volatility High Dividend ETF (LVHD) and Vanguard Long-Term Bond ETF (BLV). 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.


Sharpe ratio
The chart of Sharpe ratio for LVHD, currently valued at 0.87, compared to the broader market0.002.004.000.87-0.19
The chart of Sortino ratio for LVHD, currently valued at 1.25, compared to the broader market-2.000.002.004.006.008.0010.001.25-0.18
The chart of Omega ratio for LVHD, currently valued at 1.16, compared to the broader market0.501.001.502.002.503.001.160.98
The chart of Calmar ratio for LVHD, currently valued at 0.96, compared to the broader market0.005.0010.0015.000.96-0.07
The chart of Martin ratio for LVHD, currently valued at 3.83, compared to the broader market0.0020.0040.0060.0080.00100.003.83-0.44
LVHD
BLV

The current LVHD Sharpe Ratio is 0.87, which is higher than the BLV Sharpe Ratio of -0.19. The chart below compares the historical Sharpe Ratios of LVHD and BLV, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.000.501.001.502.002.50JulyAugustSeptemberOctoberNovemberDecember
0.87
-0.19
LVHD
BLV

Dividends

LVHD vs. BLV - Dividend Comparison

LVHD's dividend yield for the trailing twelve months is around 3.89%, less than BLV's 4.58% yield.


TTM20232022202120202019201820172016201520142013
LVHD
Legg Mason Low Volatility High Dividend ETF
3.89%3.55%3.30%2.56%3.27%3.30%3.81%3.33%2.18%0.00%0.00%0.00%
BLV
Vanguard Long-Term Bond ETF
4.58%4.06%4.17%3.37%5.84%3.57%4.07%3.63%4.16%4.37%3.90%4.85%

Drawdowns

LVHD vs. BLV - Drawdown Comparison

The maximum LVHD drawdown since its inception was -37.32%, roughly equal to the maximum BLV drawdown of -38.29%. Use the drawdown chart below to compare losses from any high point for LVHD and BLV. For additional features, visit the drawdowns tool.


-35.00%-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-7.12%
-28.25%
LVHD
BLV

Volatility

LVHD vs. BLV - Volatility Comparison

Legg Mason Low Volatility High Dividend ETF (LVHD) and Vanguard Long-Term Bond ETF (BLV) have volatilities of 3.38% and 3.44%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


2.00%2.50%3.00%3.50%4.00%JulyAugustSeptemberOctoberNovemberDecember
3.38%
3.44%
LVHD
BLV
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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