LVHI vs. TBIL
LVHI (Franklin International Low Volatility High Dividend Index ETF) and TBIL (F/m US Treasury 3 Month Bill ETF) are both exchange-traded funds - LVHI is a Dividend fund tracking the Franklin International Low Volatility High Dividend Hedged Index-NR, while TBIL is a Ultrashort Bond fund tracking the Bloomberg US Treasury Bellwether 3M Total Return USD Unhedged Index. Both are passively managed. Over the past 3 years, LVHI returned 22.13%/yr vs 4.57%/yr for TBIL. Their 0.03 correlation means their historical movements had little consistent relationship. LVHI charges 0.40%/yr vs 0.15%/yr for TBIL.
Performance
LVHI vs. TBIL - Performance Comparison
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Returns By Period
In the year-to-date period, LVHI achieves a 18.29% return, which is significantly higher than TBIL's 2.11% return.
LVHI
- 1D
- -0.70%
- 1M
- 5.74%
- 6M
- 13.36%
- YTD
- 18.29%
- 1Y
- 34.81%
- 3Y*
- 22.13%
- 5Y*
- 16.77%
- 10Y*
- 11.87%
- ALL TIME*
- 11.67%
TBIL
- 1D
- 0.04%
- 1M
- 0.34%
- 6M
- 1.80%
- YTD
- 2.11%
- 1Y
- 3.91%
- 3Y*
- 4.57%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 4.50%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $37.17M | $30.23M | $26.64M | |
| $84.47M | $81.39M | $91.49M |
LVHI vs. TBIL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
LVHI Franklin International Low Volatility High Dividend Index ETF | 18.29% | 27.12% | 14.81% | 17.45% | 2.76% |
TBIL F/m US Treasury 3 Month Bill ETF | 2.11% | 4.19% | 5.15% | 5.12% | 1.29% |
Correlation
The correlation between LVHI and TBIL is 0.01, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.01 |
Correlation (3Y) Balances recent behavior with more history. | 0.02 |
Correlation (All Time) Calculated using the full available price history since Aug 9, 2022 | 0.03 |
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Return for Risk
LVHI vs. TBIL — Risk / Return Rank
LVHI
TBIL
LVHI vs. TBIL - 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 F/m US Treasury 3 Month Bill ETF (TBIL). 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.
| LVHI | TBIL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -10.39 | ||
| Sortino ratioReturn per unit of downside risk | -63.74 | ||
| Omega ratioGain probability vs. loss probability | 1.71 | 22.93 | -21.21 |
| Calmar ratioReturn relative to maximum drawdown | 5.76 | 195.78 | -190.02 |
| Martin ratioReturn relative to average drawdown | 24.05 | 1,113.66 | -1,089.61 |
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Drawdowns
LVHI vs. TBIL - Drawdown Comparison
The maximum LVHI drawdown since its inception was -32.31%, which is greater than TBIL's maximum drawdown of -0.10%. Use the drawdown chart below to compare losses from any high point for LVHI and TBIL.
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Drawdown Indicators
| LVHI | TBIL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.31% | -0.10% | -32.21% |
Max Drawdown (1Y)Largest decline over 1 year | -6.08% | -0.02% | -6.06% |
Max Drawdown (3Y)Largest decline over 3 years | -11.99% | -0.02% | -11.97% |
Max Drawdown (5Y)Largest decline over 5 years | -11.99% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -32.31% | — | — |
Current DrawdownCurrent decline from peak | -0.70% | 0.00% | -0.70% |
Average DrawdownAverage peak-to-trough decline | -3.47% | 0.00% | -3.47% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.45% | 0.00% | +1.45% |
Volatility
LVHI vs. TBIL - Volatility Comparison
Franklin International Low Volatility High Dividend Index ETF (LVHI) has a higher volatility of 2.48% compared to F/m US Treasury 3 Month Bill ETF (TBIL) at 0.09%. This indicates that LVHI's price experiences larger fluctuations and is considered to be riskier than TBIL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LVHI | TBIL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.48% | 0.09% | +2.39% |
Volatility (6M)Calculated over the trailing 6-month period | 7.58% | 0.20% | +7.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.46% | 0.28% | +9.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.05% | 0.32% | +10.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.70% | 0.32% | +13.38% |
LVHI vs. TBIL - Expense Ratio Comparison
LVHI has a 0.40% expense ratio, which is higher than TBIL's 0.15% expense ratio.
Dividends
LVHI vs. TBIL - Dividend Comparison
LVHI's dividend yield for the trailing twelve months is around 4.51%, more than TBIL's 4.04% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
LVHI Franklin International Low Volatility High Dividend Index ETF | 4.51% | 4.92% | 3.98% | 8.12% | 7.74% | 4.13% | 3.97% | 6.67% | 10.67% | 3.38% | 2.02% |
TBIL F/m US Treasury 3 Month Bill ETF | 4.04% | 4.07% | 5.02% | 5.00% | 1.10% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
LVHI and TBIL have a correlation of 0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LVHI has higher volatility (2.48%) compared to TBIL (0.09%). In terms of maximum drawdown, LVHI dropped -32.31% vs TBIL's -0.10%.
On 3-year performance, LVHI leads with 22.13% vs 4.57% for TBIL. On fees, TBIL is cheaper at 0.15% per year. On volatility, TBIL has been the lower-risk option at 0.09%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, LVHI has performed better with a 22.13% return vs 4.57%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
TBIL is cheaper with a 0.15% expense ratio, compared with 0.40% for LVHI.
LVHI has the higher dividend yield at 4.51%, compared with 4.04% for TBIL.
LVHI is categorized as Dividend, while TBIL is Ultrashort Bond. LVHI tracks Franklin International Low Volatility High Dividend Hedged Index-NR, while TBIL tracks Bloomberg US Treasury Bellwether 3M Total Return USD Unhedged Index. They also come from different issuers: Franklin Templeton and F/m. Their fees differ too: 0.40% for LVHI and 0.15% for TBIL.
TBIL currently has the higher Sharpe Ratio (14.11 vs 3.72), 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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