LVHI vs. BTC-USD

Last updated Jun 9, 2026

LVHI (Franklin International Low Volatility High Dividend Index ETF) is Volatility Hedged Equity fund tracking the Franklin International Low Volatility High Dividend Hedged Index-NR, while BTC-USD (Bitcoin) is a cryptocurrency. Over the past 5 years, LVHI returned 15.67%/yr vs 10.82%/yr for BTC-USD. At a 0.11 correlation, their price movements are largely independent.

Performance

LVHI vs. BTC-USD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin International Low Volatility High Dividend Index ETF (LVHI) and Bitcoin (BTC-USD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LVHI achieves a 11.45% return, which is significantly higher than BTC-USD's -28.54% return.

LVHI

• 1D: 0.37%
• 1M: 0.77%
• YTD: 11.45%
• 6M: 13.55%
• 1Y: 29.27%
• 3Y*: 20.97%
• 5Y*: 15.67%
• 10Y*: —

BTC-USD

• 1D: -1.22%
• 1M: -22.47%
• YTD: -28.54%
• 6M: -31.02%
• 1Y: -40.89%
• 3Y*: 33.16%
• 5Y*: 10.82%
• 10Y*: 59.68%

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

LVHI vs. BTC-USD - 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%
BTC-USD Bitcoin	-28.54%	-6.27%	120.76%	155.82%	-64.23%	59.40%	304.57%	94.10%	-73.37%	1,324.24%

Correlation

The correlation between LVHI and BTC-USD is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.19
Correlation (3Y) Calculated over the trailing 3-year period	0.14
Correlation (5Y) Calculated over the trailing 5-year period	0.20
Correlation (All Time) Calculated using the full available price history since Jul 29, 2016	0.11

Return for Risk

LVHI vs. BTC-USD — Risk / Return Rank

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

LVHI

LVHI Risk / Return Rank: 92
LVHI Sharpe Ratio Rank: 93
LVHI Sortino Ratio Rank: 93
LVHI Omega Ratio Rank: 93
LVHI Calmar Ratio Rank: 89
LVHI Martin Ratio Rank: 91

BTC-USD

BTC-USD Risk / Return Rank: 28
BTC-USD Sharpe Ratio Rank: 12
BTC-USD Sortino Ratio Rank: 33
BTC-USD Omega Ratio Rank: 33
BTC-USD Calmar Ratio Rank: 46
BTC-USD Martin Ratio Rank: 16

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.

LVHI vs. BTC-USD - 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 Bitcoin (BTC-USD). 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	BTC-USD	Difference
Sharpe ratio: Return per unit of total volatility	3.10	-0.95	+4.05
Sortino ratio: Return per unit of downside risk	4.24	-1.35	+5.59
Omega ratio: Gain probability vs. loss probability	1.58	0.86	+0.72
Calmar ratio: Return relative to maximum drawdown	4.84	-0.80	+5.64
Martin ratio: Return relative to average drawdown	19.99	-1.42	+21.40
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LVHI vs. BTC-USD - Sharpe Ratio Comparison

The current LVHI Sharpe Ratio is 3.10, which is higher than the BTC-USD Sharpe Ratio of -0.95. The chart below compares the historical Sharpe Ratios of LVHI and BTC-USD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	LVHI	BTC-USD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.10	-0.95	+4.05
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.42	0.20	+1.22
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.87	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.81	1.13	-0.32

Drawdowns

LVHI vs. BTC-USD - Drawdown Comparison

The maximum LVHI drawdown since its inception was -32.31%, smaller than the maximum BTC-USD drawdown of -85.30%. Use the drawdown chart below to compare losses from any high point for LVHI and BTC-USD.

Drawdown Indicators

	LVHI	BTC-USD	Difference
Max Drawdown Largest peak-to-trough decline	-32.31%	-85.30%	+52.99%
Max Drawdown (1Y) Largest decline over 1 year	-6.08%	-51.21%	+45.13%
Max Drawdown (3Y) Largest decline over 3 years	-11.99%	-51.21%	+39.22%
Max Drawdown (5Y) Largest decline over 5 years	-11.99%	-76.67%	+64.68%
Max Drawdown (10Y) Largest decline over 10 years	—	-83.80%	—
Current Drawdown Current decline from peak	-1.79%	-49.86%	+48.07%
Average Drawdown Average peak-to-trough decline	-3.52%	-42.32%	+38.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.47%	34.46%	-32.99%

Volatility

LVHI vs. BTC-USD - Volatility Comparison

The current volatility for Franklin International Low Volatility High Dividend Index ETF (LVHI) is 2.35%, while Bitcoin (BTC-USD) has a volatility of 11.59%. This indicates that LVHI experiences smaller price fluctuations and is considered to be less risky than BTC-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LVHI	BTC-USD	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.35%	11.59%	-9.24%
Volatility (6M) Calculated over the trailing 6-month period	7.58%	34.53%	-26.95%
Volatility (1Y) Calculated over the trailing 1-year period	9.50%	35.67%	-26.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.07%	44.95%	-33.88%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.76%	56.71%	-42.95%

Frequently Asked Questions

Can I hold both LVHI and BTC-USD in my portfolio?

LVHI and BTC-USD have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LVHI or BTC-USD?

BTC-USD has higher volatility (11.59%) compared to LVHI (2.35%). In terms of maximum drawdown, LVHI dropped -32.31% vs BTC-USD's -85.30%.

Which has better risk-adjusted returns?

LVHI currently has the higher Sharpe Ratio (3.10 vs -0.95), 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.