LVHD vs. VUG

Last updated Jun 24, 2026

LVHD (Franklin U.S. Low Volatility High Dividend Index ETF) and VUG (Vanguard Growth ETF) are both exchange-traded funds - LVHD is a Dividend fund tracking the Franklin U.S. Low Volatility High Dividend Index, while VUG is a Large Cap Growth Equities fund tracking the CRSP US Large Cap Growth Index. Both are passively managed. Over the past 10 years, LVHD returned 8.35%/yr vs 18.02%/yr for VUG. At a 0.42 correlation, their price movements are largely independent. LVHD charges 0.27%/yr vs 0.03%/yr for VUG.

Performance

LVHD vs. VUG - 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 Vanguard Growth ETF (VUG). 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 higher than VUG's 3.52% return. Over the past 10 years, LVHD has underperformed VUG with an annualized return of 8.35%, while VUG has yielded a comparatively higher 18.02% 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%

VUG

• 1D: -2.12%
• 1M: -3.95%
• YTD: 3.52%
• 6M: 2.23%
• 1Y: 20.05%
• 3Y*: 22.74%
• 5Y*: 12.80%
• 10Y*: 18.02%

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

LVHD vs. VUG - 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%
VUG Vanguard Growth ETF	3.52%	19.40%	32.69%	46.83%	-33.16%	27.35%	40.25%	37.03%	-3.32%	27.72%

Correlation

The correlation between LVHD and VUG is -0.09, 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	-0.09
Correlation (3Y) Calculated over the trailing 3-year period	0.10
Correlation (5Y) Calculated over the trailing 5-year period	0.31
Correlation (10Y) Calculated over the trailing 10-year period	0.41
Correlation (All Time) Calculated using the full available price history since Dec 29, 2015	0.42

The correlation between LVHD and VUG shifts across timeframes, from -0.09 (1 year) to 0.42 (all time), reflecting how their relationship changes across market environments.

LVHD vs. VUG - Sectors Allocation Comparison

Sectors	LVHD	VUG
Utilities	24.8%	0.9%
Consumer Defensive	21.8%	1.5%
Real Estate	15.4%	1.0%
Financial Services	8.2%	4.3%
Consumer Cyclical	7.4%	12.2%
Energy	7.4%	0.4%
Industrials	4.9%	3.6%
Healthcare	4.4%	4.6%
Technology	3.1%	53.5%
Communication Services	2.6%	17.3%
Basic Materials	-	0.6%

Return for Risk

LVHD vs. VUG — 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

VUG

VUG Risk / Return Rank: 31
VUG Sharpe Ratio Rank: 34
VUG Sortino Ratio Rank: 32
VUG Omega Ratio Rank: 33
VUG Calmar Ratio Rank: 26
VUG Martin Ratio Rank: 30

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. VUG - 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 Vanguard Growth ETF (VUG). 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	VUG	Difference
Sharpe ratio: Return per unit of total volatility	1.35	1.19	+0.16
Sortino ratio: Return per unit of downside risk	1.99	1.67	+0.33
Omega ratio: Gain probability vs. loss probability	1.23	1.21	+0.02
Calmar ratio: Return relative to maximum drawdown	2.18	1.22	+0.96
Martin ratio: Return relative to average drawdown	5.41	4.15	+1.26

LVHD vs. VUG - Sharpe Ratio Comparison

The current LVHD Sharpe Ratio is 1.35, which is comparable to the VUG Sharpe Ratio of 1.19. The chart below compares the historical Sharpe Ratios of LVHD and VUG, 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. VUG - Drawdown Comparison

The maximum LVHD drawdown since its inception was -37.32%, smaller than the maximum VUG drawdown of -50.68%. Use the drawdown chart below to compare losses from any high point for LVHD and VUG.

Drawdown Indicators

	LVHD	VUG	Difference
Max Drawdown Largest peak-to-trough decline	-37.32%	-50.68%	+13.36%
Max Drawdown (1Y) Largest decline over 1 year	-6.17%	-16.53%	+10.36%
Max Drawdown (3Y) Largest decline over 3 years	-14.29%	-22.85%	+8.56%
Max Drawdown (5Y) Largest decline over 5 years	-16.75%	-35.61%	+18.86%
Max Drawdown (10Y) Largest decline over 10 years	-37.32%	-35.61%	-1.71%
Current Drawdown Current decline from peak	-1.43%	-6.88%	+5.45%
Average Drawdown Average peak-to-trough decline	-4.04%	-7.09%	+3.05%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.48%	4.84%	-2.36%

Volatility

LVHD vs. VUG - Volatility Comparison

The current volatility for Franklin U.S. Low Volatility High Dividend Index ETF (LVHD) is 4.05%, while Vanguard Growth ETF (VUG) has a volatility of 6.86%. This indicates that LVHD experiences smaller price fluctuations and is considered to be less risky than VUG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LVHD	VUG	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.05%	6.86%	-2.81%
Volatility (6M) Calculated over the trailing 6-month period	7.26%	13.44%	-6.18%
Volatility (1Y) Calculated over the trailing 1-year period	9.98%	16.91%	-6.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.91%	22.39%	-9.48%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.53%	21.51%	-5.98%

LVHD vs. VUG - Expense Ratio Comparison

LVHD has a 0.27% expense ratio, which is higher than VUG's 0.03% 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%.

Dividends

LVHD vs. VUG - Dividend Comparison

LVHD's dividend yield for the trailing twelve months is around 3.29%, more than VUG's 0.39% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
VUG Vanguard Growth ETF	0.39%	0.41%	0.47%	0.58%	0.70%	0.48%	0.66%	0.95%	1.32%	1.14%	1.39%	1.30%

Frequently Asked Questions

Can I hold both LVHD and VUG in my portfolio?

LVHD and VUG 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.

Which is riskier, LVHD or VUG?

VUG has higher volatility (6.86%) compared to LVHD (4.05%). In terms of maximum drawdown, LVHD dropped -37.32% vs VUG's -50.68%.

Which ETF is better, LVHD or VUG?

On 10-year performance, VUG leads with 18.02% vs 8.35% for LVHD. On fees, VUG is cheaper at 0.03% 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 VUG?

Over the 10-year period, VUG has performed better with a 18.02% 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 VUG?

VUG is cheaper with a 0.03% expense ratio, compared with 0.27% for LVHD.

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

LVHD has the higher dividend yield at 3.29%, compared with 0.39% for VUG.

What is the main difference between LVHD and VUG?

LVHD is categorized as Dividend, while VUG is Large Cap Growth Equities. LVHD tracks Franklin U.S. Low Volatility High Dividend Index, while VUG tracks CRSP US Large Cap Growth Index. They also come from different issuers: Franklin Templeton and Vanguard. Their fees differ too: 0.27% for LVHD and 0.03% for VUG.

Which has better risk-adjusted returns?

LVHD currently has the higher Sharpe Ratio (1.35 vs 1.19), 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.