LVHD vs. DGRE

Last updated Jun 24, 2026

LVHD (Franklin U.S. Low Volatility High Dividend Index ETF) and DGRE (WisdomTree Emerging Markets Quality Dividend Growth Fund) are both exchange-traded funds - LVHD is a Dividend fund tracking the Franklin U.S. Low Volatility High Dividend Index, while DGRE is a Emerging Markets Equities fund actively managed by WisdomTree. LVHD is passively managed, while DGRE is actively managed. Over the past 10 years, LVHD returned 8.35%/yr vs 9.58%/yr for DGRE. At a 0.37 correlation, their price movements are largely independent. LVHD charges 0.27%/yr vs 0.32%/yr for DGRE.

Performance

LVHD vs. DGRE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin U.S. Low Volatility High Dividend Index ETF (LVHD) and WisdomTree Emerging Markets Quality Dividend Growth Fund (DGRE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LVHD achieves a 10.55% return, which is significantly lower than DGRE's 27.61% return. Over the past 10 years, LVHD has underperformed DGRE with an annualized return of 8.35%, while DGRE has yielded a comparatively higher 9.58% annualized return.

LVHD

• 1D: 1.56%
• 1M: 1.00%
• YTD: 10.55%
• 6M: 10.56%
• 1Y: 13.38%
• 3Y*: 10.78%
• 5Y*: 7.44%
• 10Y*: 8.35%

DGRE

• 1D: -5.02%
• 1M: 2.22%
• YTD: 27.61%
• 6M: 28.61%
• 1Y: 51.74%
• 3Y*: 23.16%
• 5Y*: 8.42%
• 10Y*: 9.58%

*Multi-year figures are annualized to reflect compound growth (CAGR)

LVHD vs. DGRE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
LVHD Franklin U.S. Low Volatility High Dividend Index ETF	10.55%	7.50%	10.18%	-0.95%	-1.82%	26.90%	-1.28%	22.91%	-5.58%	14.25%
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund	27.61%	27.47%	3.63%	18.46%	-21.86%	2.55%	10.85%	21.12%	-16.36%	33.61%

Correlation

The correlation between LVHD and DGRE is 0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.07
Correlation (3Y) Calculated over the trailing 3-year period	0.22
Correlation (5Y) Calculated over the trailing 5-year period	0.27
Correlation (10Y) Calculated over the trailing 10-year period	0.35
Correlation (All Time) Calculated using the full available price history since Dec 29, 2015	0.37

Over the past year, the correlation between LVHD and DGRE has dropped to 0.07 - well below their long-term average of 0.37, suggesting their price drivers have been diverging.

LVHD vs. DGRE - Sectors Allocation Comparison

Sectors	LVHD	DGRE
Utilities	24.8%	2.2%
Consumer Defensive	21.8%	4.5%
Real Estate	15.4%	0.8%
Financial Services	8.2%	17.8%
Consumer Cyclical	7.4%	5.5%
Energy	7.4%	1.9%
Industrials	4.9%	11.8%
Healthcare	4.4%	4.8%
Technology	3.1%	41.5%
Communication Services	2.6%	2.6%
Basic Materials	-	6.6%

Return for Risk

LVHD vs. DGRE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

LVHD

LVHD Risk / Return Rank: 40
LVHD Sharpe Ratio Rank: 40
LVHD Sortino Ratio Rank: 40
LVHD Omega Ratio Rank: 37
LVHD Calmar Ratio Rank: 45
LVHD Martin Ratio Rank: 37

DGRE

DGRE Risk / Return Rank: 76
DGRE Sharpe Ratio Rank: 77
DGRE Sortino Ratio Rank: 69
DGRE Omega Ratio Rank: 77
DGRE Calmar Ratio Rank: 78
DGRE Martin Ratio Rank: 80

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.

LVHD vs. DGRE - 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 WisdomTree Emerging Markets Quality Dividend Growth Fund (DGRE). 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	DGRE	Difference
Sharpe ratio: Return per unit of total volatility	1.35	2.30	-0.95
Sortino ratio: Return per unit of downside risk	1.99	2.94	-0.95
Omega ratio: Gain probability vs. loss probability	1.23	1.42	-0.19
Calmar ratio: Return relative to maximum drawdown	2.18	3.80	-1.62
Martin ratio: Return relative to average drawdown	5.41	14.91	-9.50

LVHD vs. DGRE - Sharpe Ratio Comparison

The current LVHD Sharpe Ratio is 1.35, which is lower than the DGRE Sharpe Ratio of 2.30. The chart below compares the historical Sharpe Ratios of LVHD and DGRE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

LVHD vs. DGRE - Drawdown Comparison

The maximum LVHD drawdown since its inception was -37.32%, roughly equal to the maximum DGRE drawdown of -36.95%. Use the drawdown chart below to compare losses from any high point for LVHD and DGRE.

Drawdown Indicators

	LVHD	DGRE	Difference
Max Drawdown Largest peak-to-trough decline	-37.32%	-36.95%	-0.37%
Max Drawdown (1Y) Largest decline over 1 year	-6.17%	-13.68%	+7.51%
Max Drawdown (3Y) Largest decline over 3 years	-14.29%	-20.65%	+6.36%
Max Drawdown (5Y) Largest decline over 5 years	-16.75%	-33.99%	+17.24%
Max Drawdown (10Y) Largest decline over 10 years	-37.32%	-36.95%	-0.37%
Current Drawdown Current decline from peak	-1.43%	-5.67%	+4.24%
Average Drawdown Average peak-to-trough decline	-4.04%	-11.96%	+7.92%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.48%	3.48%	-1.00%

Volatility

LVHD vs. DGRE - Volatility Comparison

The current volatility for Franklin U.S. Low Volatility High Dividend Index ETF (LVHD) is 4.05%, while WisdomTree Emerging Markets Quality Dividend Growth Fund (DGRE) has a volatility of 11.80%. This indicates that LVHD experiences smaller price fluctuations and is considered to be less risky than DGRE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LVHD	DGRE	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.05%	11.80%	-7.75%
Volatility (6M) Calculated over the trailing 6-month period	7.26%	20.85%	-13.59%
Volatility (1Y) Calculated over the trailing 1-year period	9.98%	22.57%	-12.59%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.91%	18.71%	-5.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.53%	19.83%	-4.30%

LVHD vs. DGRE - Expense Ratio Comparison

LVHD has a 0.27% expense ratio, which is lower than DGRE's 0.32% expense ratio.

Dividends

LVHD vs. DGRE - Dividend Comparison

LVHD's dividend yield for the trailing twelve months is around 3.29%, more than DGRE's 1.22% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund	1.22%	1.65%	1.90%	2.22%	4.38%	2.56%	2.11%	2.32%	2.71%	3.12%	3.18%	3.01%
LVHD Franklin U.S. Low Volatility High Dividend Index ETF	3.29%	3.35%	4.23%	3.55%	3.30%	2.56%	3.27%	3.30%	3.82%	3.33%	2.48%	0.00%

Frequently Asked Questions

Can I hold both LVHD and DGRE in my portfolio?

LVHD and DGRE have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LVHD or DGRE?

DGRE has higher volatility (11.80%) compared to LVHD (4.05%). In terms of maximum drawdown, LVHD dropped -37.32% vs DGRE's -36.95%.

Which ETF is better, LVHD or DGRE?

On 10-year performance, DGRE leads with 9.58% vs 8.35% for LVHD. On fees, LVHD is cheaper at 0.27% per year. On volatility, LVHD has been the lower-risk option at 4.05%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, LVHD or DGRE?

Over the 10-year period, DGRE has performed better with a 9.58% return vs 8.35%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, LVHD or DGRE?

LVHD is cheaper with a 0.27% expense ratio, compared with 0.32% for DGRE.

Which ETF pays a higher dividend yield, LVHD or DGRE?

LVHD has the higher dividend yield at 3.29%, compared with 1.22% for DGRE.

What is the main difference between LVHD and DGRE?

LVHD is categorized as Dividend, while DGRE is Emerging Markets Equities. They also come from different issuers: Franklin Templeton and WisdomTree. Their fees differ too: 0.27% for LVHD and 0.32% for DGRE.

Which has better risk-adjusted returns?

DGRE currently has the higher Sharpe Ratio (2.30 vs 1.35), 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.