PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
LVHI vs. XEU.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

LVHI vs. XEU.TO

Last updated Jun 9, 2026

LVHI (Franklin International Low Volatility High Dividend Index ETF) and XEU.TO (iShares MSCI Europe IMI Index 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 XEU.TO is a Europe Equities fund tracking the Morningstar Eur GR CAD. Both are passively managed. Over the past 5 years, LVHI returned 15.67%/yr vs 7.60%/yr for XEU.TO. A 0.51 correlation means they provide meaningful diversification when combined. LVHI charges 0.40%/yr vs 0.28%/yr for XEU.TO.

Performance

LVHI vs. XEU.TO - 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 iShares MSCI Europe IMI Index ETF (XEU.TO). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Different Trading Currencies

LVHI is traded in USD, while XEU.TO is traded in CAD. To make them comparable, the XEU.TO values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, LVHI achieves a 11.45% return, which is significantly higher than XEU.TO's 4.59% return.

LVHI

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

XEU.TO

1D
-0.18%
1M
-0.77%
YTD
4.59%
6M
8.01%
1Y
14.92%
3Y*
15.65%
5Y*
7.60%
10Y*
9.28%
*Multi-year figures are annualized to reflect compound growth (CAGR)

LVHI vs. XEU.TO - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
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%
XEU.TO
iShares MSCI Europe IMI Index ETF		4.59%35.59%0.80%20.24%-15.82%16.41%5.67%23.38%-15.24%27.08%

Correlation

The correlation between LVHI and XEU.TO is 0.61, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.62

Correlation (3Y)
Calculated over the trailing 3-year period

0.60

Correlation (5Y)
Calculated over the trailing 5-year period

0.55

Correlation (All Time)
Calculated using the full available price history since Jul 29, 2016

0.51

The correlation between LVHI and XEU.TO shifts across timeframes, from 0.51 (all time) to 0.61 (1 year), reflecting how their relationship changes across market environments.

LVHI vs. XEU.TO - Sectors Allocation Comparison

Sectors
LVHI
XEU.TO

Financial Services

23.6%
22.5%

Energy

17.4%
4.0%

Industrials

13.4%
15.6%

Utilities

10.4%
3.5%

Consumer Defensive

8.7%
8.0%

Healthcare

7.4%
10.5%

Basic Materials

6.1%
5.3%

Communication Services

5.8%
3.3%

Consumer Cyclical

5.3%
6.5%

Real Estate

1.9%
1.4%

Technology

0.1%
8.4%

Financial Services

LVHI
23.6%
XEU.TO
22.5%

Energy

LVHI
17.4%
XEU.TO
4.0%

Industrials

LVHI
13.4%
XEU.TO
15.6%

Utilities

LVHI
10.4%
XEU.TO
3.5%

Consumer Defensive

LVHI
8.7%
XEU.TO
8.0%

Healthcare

LVHI
7.4%
XEU.TO
10.5%

Basic Materials

LVHI
6.1%
XEU.TO
5.3%

Communication Services

LVHI
5.8%
XEU.TO
3.3%

Consumer Cyclical

LVHI
5.3%
XEU.TO
6.5%

Real Estate

LVHI
1.9%
XEU.TO
1.4%

Technology

LVHI
0.1%
XEU.TO
8.4%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Franklin International Low Volatility High Dividend Index ETF

iShares MSCI Europe IMI Index ETF

Often compared with LVHI:
LVHI vs. SCHDLVHI vs. IDVLVHI vs. DIVILVHI vs. VYMILVHI vs. VOOLVHI vs. SPYLVHI vs. VFQY
Often compared with XEU.TO:
XEU.TO vs. XEH.TOXEU.TO vs. XEF.TOXEU.TO vs. VE.TOXEU.TO vs. VEAXEU.TO vs. HXS.TOXEU.TO vs. XUS.TOXEU.TO vs. XDIV.TO

Return for Risk

LVHI vs. XEU.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
LVHI
LVHI Risk / Return Rank: 9292
Overall Rank
LVHI Sharpe Ratio Rank: 9393
Sharpe Ratio Rank
LVHI Sortino Ratio Rank: 9393
Sortino Ratio Rank
LVHI Omega Ratio Rank: 9393
Omega Ratio Rank
LVHI Calmar Ratio Rank: 8989
Calmar Ratio Rank
LVHI Martin Ratio Rank: 9191
Martin Ratio Rank
XEU.TO
XEU.TO Risk / Return Rank: 3636
Overall Rank
XEU.TO Sharpe Ratio Rank: 3838
Sharpe Ratio Rank
XEU.TO Sortino Ratio Rank: 3737
Sortino Ratio Rank
XEU.TO Omega Ratio Rank: 3737
Omega Ratio Rank
XEU.TO Calmar Ratio Rank: 3232
Calmar Ratio Rank
XEU.TO Martin Ratio Rank: 3939
Martin Ratio Rank
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. XEU.TO - 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 iShares MSCI Europe IMI Index ETF (XEU.TO). 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.

LVHIXEU.TODifference
Sharpe ratioReturn per unit of total volatility
3.10
0.99

+2.11

Sortino ratioReturn per unit of downside risk
4.24
1.47

+2.77

Omega ratioGain probability vs. loss probability

1.58

1.18

+0.40

Calmar ratioReturn relative to maximum drawdown

4.84

1.22

+3.62

Martin ratioReturn relative to average drawdown

19.99

4.56

+15.42

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. XEU.TO - Sharpe Ratio Comparison

The current LVHI Sharpe Ratio is 3.10, which is higher than the XEU.TO Sharpe Ratio of 0.99. The chart below compares the historical Sharpe Ratios of LVHI and XEU.TO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Sharpe Ratios by Period

LVHIXEU.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

3.10

0.99

+2.11

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

1.42

0.47

+0.95

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.53

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.81

0.36

+0.46

Drawdowns

LVHI vs. XEU.TO - Drawdown Comparison

The maximum LVHI drawdown since its inception was -32.31%, smaller than the maximum XEU.TO drawdown of -37.36%. Use the drawdown chart below to compare losses from any high point for LVHI and XEU.TO.

Loading charts...

Drawdown Indicators

LVHIXEU.TODifference

Max Drawdown

Largest peak-to-trough decline

-32.31%

-37.36%

+5.05%

Max Drawdown (1Y)

Largest decline over 1 year

-6.08%

-12.32%

+6.24%

Max Drawdown (3Y)

Largest decline over 3 years

-11.99%

-14.30%

+2.31%

Max Drawdown (5Y)

Largest decline over 5 years

-11.99%

-32.95%

+20.96%

Max Drawdown (10Y)

Largest decline over 10 years

—

-37.36%

—

Current Drawdown

Current decline from peak

-1.79%

-3.23%

+1.44%

Average Drawdown

Average peak-to-trough decline

-3.52%

-8.36%

+4.84%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.47%

3.28%

-1.81%

Volatility

LVHI vs. XEU.TO - Volatility Comparison

The current volatility for Franklin International Low Volatility High Dividend Index ETF (LVHI) is 2.35%, while iShares MSCI Europe IMI Index ETF (XEU.TO) has a volatility of 4.33%. This indicates that LVHI experiences smaller price fluctuations and is considered to be less risky than XEU.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

LVHIXEU.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

2.35%

4.33%

-1.98%

Volatility (6M)

Calculated over the trailing 6-month period

7.58%

12.46%

-4.88%

Volatility (1Y)

Calculated over the trailing 1-year period

9.50%

15.13%

-5.63%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

11.07%

16.17%

-5.10%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

13.76%

17.54%

-3.78%

LVHI vs. XEU.TO - Expense Ratio Comparison

LVHI has a 0.40% expense ratio, which is higher than XEU.TO's 0.28% expense ratio.

Dividends

LVHI vs. XEU.TO - Dividend Comparison

LVHI's dividend yield for the trailing twelve months is around 4.79%, more than XEU.TO's 2.32% yield.

PositionTTM20252024202320222021202020192018201720162015
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%
XEU.TO
iShares MSCI Europe IMI Index ETF		2.32%2.47%2.68%2.96%3.02%2.42%1.98%3.56%3.28%2.26%2.91%2.33%

Frequently Asked Questions

LVHI and XEU.TO have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, XEU.TO is cheaper at 0.28% per year. The better choice depends on whether you care most about return, fees, risk, or income.

XEU.TO is cheaper with a 0.28% expense ratio, compared with 0.40% for LVHI.

LVHI is categorized as Volatility Hedged Equity, while XEU.TO is Europe Equities. LVHI tracks Franklin International Low Volatility High Dividend Hedged Index-NR, while XEU.TO tracks Morningstar Eur GR CAD. They also come from different issuers: Franklin Templeton and iShares. Their fees differ too: 0.40% for LVHI and 0.28% for XEU.TO.

Portfolio Optimizer

Find the right allocation for LVHI and XEU.TO

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer