LVHI vs. BND
LVHI (Franklin International Low Volatility High Dividend Index ETF) and BND (Vanguard Total Bond Market ETF) are both exchange-traded funds - LVHI is a Volatility Hedged Equity fund tracking the Franklin International Low Volatility High Dividend Hedged Index-NR, while BND is a Total Bond Market fund tracking the Bloomberg U.S. Aggregate Float Adjusted Index. Both are passively managed. Over the past 5 years, LVHI returned 15.67%/yr vs -0.05%/yr for BND. At a 0.01 correlation, their price movements are largely independent. LVHI charges 0.40%/yr vs 0.03%/yr for BND.
Performance
LVHI vs. BND - Performance Comparison
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Returns By Period
In the year-to-date period, LVHI achieves a 11.45% return, which is significantly higher than BND's -0.07% return.
LVHI
- 1D
- 0.37%
- 1M
- 0.77%
- YTD
- 11.45%
- 6M
- 13.55%
- 1Y
- 29.27%
- 3Y*
- 20.97%
- 5Y*
- 15.67%
- 10Y*
- —
BND
- 1D
- -0.03%
- 1M
- -0.67%
- YTD
- -0.07%
- 6M
- 0.23%
- 1Y
- 4.87%
- 3Y*
- 3.89%
- 5Y*
- -0.05%
- 10Y*
- 1.53%
LVHI vs. BND - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LVHI Franklin International Low Volatility High Dividend Index ETF | 11.45% | 27.12% | 14.81% | 17.45% | 3.84% | 18.19% | -8.76% | 18.35% | -5.22% | 12.26% |
BND Vanguard Total Bond Market ETF | -0.07% | 7.08% | 1.38% | 5.65% | -13.11% | -1.86% | 7.71% | 8.84% | -0.12% | 3.57% |
Correlation
The correlation between LVHI and BND is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.23 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.22 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.13 |
Correlation (All Time) Calculated using the full available price history since Jul 29, 2016 | 0.01 |
Over the past year, LVHI and BND have become more correlated (0.23) than their long-term average of 0.01, meaning their price movements have been converging.
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Return for Risk
LVHI vs. BND — Risk / Return Rank
LVHI
BND
LVHI vs. BND - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin International Low Volatility High Dividend Index ETF (LVHI) and Vanguard Total Bond Market ETF (BND). 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.
| LVHI | BND | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.78 | ||
| Sortino ratioReturn per unit of downside risk | +2.28 | ||
| Omega ratioGain probability vs. loss probability | 1.58 | 1.23 | +0.35 |
| Calmar ratioReturn relative to maximum drawdown | 4.84 | 1.83 | +3.01 |
| Martin ratioReturn relative to average drawdown | 19.99 | 5.43 | +14.56 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| LVHI | BND | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.10 | 1.32 | +1.78 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.42 | -0.01 | +1.43 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.28 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.81 | 0.58 | +0.23 |
Drawdowns
LVHI vs. BND - Drawdown Comparison
The maximum LVHI drawdown since its inception was -32.31%, which is greater than BND's maximum drawdown of -18.58%. Use the drawdown chart below to compare losses from any high point for LVHI and BND.
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Drawdown Indicators
| LVHI | BND | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.31% | -18.58% | -13.73% |
Max Drawdown (1Y)Largest decline over 1 year | -6.08% | -2.68% | -3.40% |
Max Drawdown (3Y)Largest decline over 3 years | -11.99% | -5.92% | -6.07% |
Max Drawdown (5Y)Largest decline over 5 years | -11.99% | -17.91% | +5.92% |
Max Drawdown (10Y)Largest decline over 10 years | — | -18.58% | — |
Current DrawdownCurrent decline from peak | -1.79% | -2.70% | +0.91% |
Average DrawdownAverage peak-to-trough decline | -3.52% | -3.06% | -0.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.47% | 0.90% | +0.57% |
Volatility
LVHI vs. BND - Volatility Comparison
Franklin International Low Volatility High Dividend Index ETF (LVHI) has a higher volatility of 2.35% compared to Vanguard Total Bond Market ETF (BND) at 1.20%. This indicates that LVHI's price experiences larger fluctuations and is considered to be riskier than BND based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LVHI | BND | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.35% | 1.20% | +1.15% |
Volatility (6M)Calculated over the trailing 6-month period | 7.58% | 2.69% | +4.89% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.50% | 3.72% | +5.78% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.07% | 6.02% | +5.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.76% | 5.53% | +8.23% |
LVHI vs. BND - Expense Ratio Comparison
LVHI has a 0.40% expense ratio, which is higher than BND's 0.03% expense ratio.
Dividends
LVHI vs. BND - Dividend Comparison
LVHI's dividend yield for the trailing twelve months is around 4.79%, more than BND's 3.98% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BND Vanguard Total Bond Market ETF | 3.98% | 3.86% | 3.67% | 3.09% | 2.60% | 2.12% | 2.38% | 2.72% | 2.81% | 2.54% | 2.51% | 2.57% |
LVHI Franklin International Low Volatility High Dividend Index ETF | 4.79% | 4.92% | 3.98% | 8.12% | 7.74% | 4.13% | 3.97% | 6.67% | 10.67% | 3.38% | 2.02% | 0.00% |
Frequently Asked Questions
LVHI and BND have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LVHI has higher volatility (2.35%) compared to BND (1.20%). In terms of maximum drawdown, LVHI dropped -32.31% vs BND's -18.58%.
On 5-year performance, LVHI leads with 15.67% vs -0.05% for BND. On fees, BND is cheaper at 0.03% per year. On volatility, BND has been the lower-risk option at 1.20%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, LVHI has performed better with a 15.67% return vs -0.05%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
BND is cheaper with a 0.03% expense ratio, compared with 0.40% for LVHI.
LVHI has the higher dividend yield at 4.79%, compared with 3.98% for BND.
LVHI is categorized as Volatility Hedged Equity, while BND is Total Bond Market. LVHI tracks Franklin International Low Volatility High Dividend Hedged Index-NR, while BND tracks Bloomberg U.S. Aggregate Float Adjusted Index. They also come from different issuers: Franklin Templeton and Vanguard. Their fees differ too: 0.40% for LVHI and 0.03% for BND.
LVHI currently has the higher Sharpe Ratio (3.10 vs 1.32), 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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