LVHD vs. CTA
LVHD (Franklin U.S. Low Volatility High Dividend Index ETF) and CTA (Simplify Managed Futures Strategy ETF) are both exchange-traded funds - LVHD is a Dividend fund tracking the Franklin U.S. Low Volatility High Dividend Index, while CTA is a Systematic Trend fund actively managed by Simplify. LVHD is passively managed, while CTA is actively managed. Over the past 3 years, LVHD returned 9.97%/yr vs 9.57%/yr for CTA. Their -0.15 correlation means they have often moved in opposite directions in the past. LVHD charges 0.27%/yr vs 0.78%/yr for CTA.
Performance
LVHD vs. CTA - Performance Comparison
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Returns By Period
In the year-to-date period, LVHD achieves a 14.88% return, which is significantly higher than CTA's 6.14% return.
LVHD
- 1D
- 1.16%
- 1M
- 2.81%
- 6M
- 10.82%
- YTD
- 14.88%
- 1Y
- 14.41%
- 3Y*
- 9.97%
- 5Y*
- 7.72%
- 10Y*
- 8.26%
- ALL TIME*
- 9.29%
CTA
- 1D
- -1.88%
- 1M
- 7.04%
- 6M
- 2.60%
- YTD
- 6.14%
- 1Y
- 4.94%
- 3Y*
- 9.57%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 8.28%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $10.73M | $13.32M | $14.98M | |
| $1.99M | $3.02M | $2.88M |
LVHD vs. CTA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
LVHD Franklin U.S. Low Volatility High Dividend Index ETF | 14.88% | 7.50% | 10.18% | -0.95% | 1.52% |
CTA Simplify Managed Futures Strategy ETF | 6.14% | 0.88% | 24.15% | -2.23% | 9.01% |
Correlation
The correlation between LVHD and CTA is -0.09, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.09 |
Correlation (3Y) Balances recent behavior with more history. | -0.13 |
Correlation (All Time) Calculated using the full available price history since Mar 8, 2022 | -0.15 |
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Return for Risk
LVHD vs. CTA — Risk / Return Rank
LVHD
CTA
LVHD vs. CTA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin U.S. Low Volatility High Dividend Index ETF (LVHD) and Simplify Managed Futures Strategy ETF (CTA). 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.
| LVHD | CTA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.19 | ||
| Sortino ratioReturn per unit of downside risk | +1.70 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.05 | +0.19 |
| Calmar ratioReturn relative to maximum drawdown | 2.35 | 0.20 | +2.14 |
| Martin ratioReturn relative to average drawdown | 5.80 | 0.57 | +5.23 |
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Drawdowns
LVHD vs. CTA - Drawdown Comparison
The maximum LVHD drawdown since its inception was -37.32%, which is greater than CTA's maximum drawdown of -20.44%. Use the drawdown chart below to compare losses from any high point for LVHD and CTA.
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Drawdown Indicators
| LVHD | CTA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.32% | -20.44% | -16.88% |
Max Drawdown (1Y)Largest decline over 1 year | -6.17% | -20.44% | +14.27% |
Max Drawdown (3Y)Largest decline over 3 years | -13.76% | -20.44% | +6.68% |
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 | 0.00% | -12.91% | +12.91% |
Average DrawdownAverage peak-to-trough decline | -4.01% | -6.01% | +2.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.49% | 7.33% | -4.84% |
Volatility
LVHD vs. CTA - Volatility Comparison
The current volatility for Franklin U.S. Low Volatility High Dividend Index ETF (LVHD) is 4.59%, while Simplify Managed Futures Strategy ETF (CTA) has a volatility of 5.80%. This indicates that LVHD experiences smaller price fluctuations and is considered to be less risky than CTA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LVHD | CTA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.59% | 5.80% | -1.21% |
Volatility (6M)Calculated over the trailing 6-month period | 8.15% | 18.29% | -10.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.44% | 20.97% | -10.53% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.02% | 16.71% | -3.69% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.56% | 16.71% | -1.15% |
LVHD vs. CTA - Expense Ratio Comparison
LVHD has a 0.27% expense ratio, which is lower than CTA's 0.78% expense ratio.
Dividends
LVHD vs. CTA - Dividend Comparison
LVHD's dividend yield for the trailing twelve months is around 3.16%, less than CTA's 4.73% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
CTA Simplify Managed Futures Strategy ETF | 4.73% | 3.19% | 4.80% | 7.78% | 6.58% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
LVHD Franklin U.S. Low Volatility High Dividend Index ETF | 3.16% | 3.35% | 4.23% | 3.55% | 3.30% | 2.56% | 3.27% | 3.30% | 3.82% | 3.33% | 2.48% |
Frequently Asked Questions
LVHD and CTA have a correlation of -0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CTA has higher volatility (5.80%) compared to LVHD (4.59%). In terms of maximum drawdown, LVHD dropped -37.32% vs CTA's -20.44%.
On 3-year performance, LVHD leads with 9.97% vs 9.57% for CTA. On fees, LVHD is cheaper at 0.27% per year. On volatility, LVHD has been the lower-risk option at 4.59%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, LVHD has performed better with a 9.97% return vs 9.57%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
LVHD is cheaper with a 0.27% expense ratio, compared with 0.78% for CTA.
CTA has the higher dividend yield at 4.73%, compared with 3.16% for LVHD.
LVHD is categorized as Dividend, while CTA is Systematic Trend. They also come from different issuers: Franklin Templeton and Simplify. Their fees differ too: 0.27% for LVHD and 0.78% for CTA.
LVHD currently has the higher Sharpe Ratio (1.39 vs 0.20), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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