LVHD vs. FFHCX
Compare and contrast key facts about Legg Mason Low Volatility High Dividend ETF (LVHD) and Fidelity Series Floating Rate High Income Fund (FFHCX).
LVHD is a passively managed fund by Franklin Templeton that tracks the performance of the QS Low Volatility High Dividend Index. It was launched on Dec 29, 2015. FFHCX is managed by Fidelity. It was launched on Oct 20, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LVHD or FFHCX.
Correlation
The correlation between LVHD and FFHCX is 0.28, 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.
Performance
LVHD vs. FFHCX - Performance Comparison
Key characteristics
LVHD:
1.11
FFHCX:
1.77
LVHD:
1.56
FFHCX:
2.97
LVHD:
1.21
FFHCX:
1.66
LVHD:
1.62
FFHCX:
1.92
LVHD:
4.71
FFHCX:
9.67
LVHD:
3.07%
FFHCX:
0.62%
LVHD:
13.03%
FFHCX:
3.38%
LVHD:
-37.32%
FFHCX:
-21.45%
LVHD:
-3.58%
FFHCX:
-1.54%
Returns By Period
In the year-to-date period, LVHD achieves a 3.27% return, which is significantly higher than FFHCX's -0.86% return.
LVHD
3.27%
-1.05%
-0.48%
13.30%
11.56%
N/A
FFHCX
-0.86%
-0.87%
1.31%
5.99%
8.14%
5.01%
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LVHD vs. FFHCX - Expense Ratio Comparison
LVHD has a 0.27% expense ratio, which is higher than FFHCX's 0.00% 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%.
Risk-Adjusted Performance
LVHD vs. FFHCX — Risk-Adjusted Performance Rank
LVHD
FFHCX
LVHD vs. FFHCX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Legg Mason Low Volatility High Dividend ETF (LVHD) and Fidelity Series Floating Rate High Income Fund (FFHCX). 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.
Dividends
LVHD vs. FFHCX - Dividend Comparison
LVHD's dividend yield for the trailing twelve months is around 3.92%, less than FFHCX's 9.18% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LVHD Legg Mason Low Volatility High Dividend ETF | 3.92% | 4.24% | 3.55% | 3.30% | 2.56% | 3.27% | 3.30% | 3.82% | 3.33% | 2.48% | 0.00% | 0.00% |
FFHCX Fidelity Series Floating Rate High Income Fund | 9.18% | 9.23% | 9.47% | 5.91% | 4.31% | 4.61% | 5.94% | 6.69% | 4.79% | 4.42% | 5.15% | 8.23% |
Drawdowns
LVHD vs. FFHCX - Drawdown Comparison
The maximum LVHD drawdown since its inception was -37.32%, which is greater than FFHCX's maximum drawdown of -21.45%. Use the drawdown chart below to compare losses from any high point for LVHD and FFHCX. For additional features, visit the drawdowns tool.
Volatility
LVHD vs. FFHCX - Volatility Comparison
Legg Mason Low Volatility High Dividend ETF (LVHD) has a higher volatility of 7.94% compared to Fidelity Series Floating Rate High Income Fund (FFHCX) at 2.12%. This indicates that LVHD's price experiences larger fluctuations and is considered to be riskier than FFHCX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.