LVOL vs. QLV
Compare and contrast key facts about American Century Low Volatility ETF (LVOL) and FlexShares US Quality Low Volatility Index Fund (QLV).
LVOL and QLV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. LVOL is an actively managed fund by American Century Investments. It was launched on Jan 12, 2021. QLV is a passively managed fund by Northern Trust that tracks the performance of the Northern Trust Quality Low Volatility Index. It was launched on Jul 15, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LVOL or QLV.
Correlation
The correlation between LVOL and QLV is 0.95, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
LVOL vs. QLV - Performance Comparison
Key characteristics
LVOL:
1.41
QLV:
1.75
LVOL:
1.92
QLV:
2.37
LVOL:
1.25
QLV:
1.32
LVOL:
2.51
QLV:
3.10
LVOL:
7.15
QLV:
9.49
LVOL:
1.94%
QLV:
1.68%
LVOL:
9.82%
QLV:
9.13%
LVOL:
-22.37%
QLV:
-33.71%
LVOL:
-4.85%
QLV:
-4.86%
Returns By Period
In the year-to-date period, LVOL achieves a -0.83% return, which is significantly higher than QLV's -0.97% return.
LVOL
-0.83%
-3.97%
2.46%
13.26%
N/A
N/A
QLV
-0.97%
-3.65%
1.35%
15.23%
10.02%
N/A
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LVOL vs. QLV - Expense Ratio Comparison
LVOL has a 0.29% expense ratio, which is higher than QLV's 0.22% expense ratio.
Risk-Adjusted Performance
LVOL vs. QLV — Risk-Adjusted Performance Rank
LVOL
QLV
LVOL vs. QLV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Century Low Volatility ETF (LVOL) and FlexShares US Quality Low Volatility Index Fund (QLV). 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.
Dividends
LVOL vs. QLV - Dividend Comparison
LVOL's dividend yield for the trailing twelve months is around 1.15%, less than QLV's 1.68% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
LVOL American Century Low Volatility ETF | 1.15% | 1.14% | 1.48% | 1.59% | 1.00% | 0.00% | 0.00% |
QLV FlexShares US Quality Low Volatility Index Fund | 1.68% | 1.66% | 1.60% | 1.74% | 0.97% | 1.24% | 0.58% |
Drawdowns
LVOL vs. QLV - Drawdown Comparison
The maximum LVOL drawdown since its inception was -22.37%, smaller than the maximum QLV drawdown of -33.71%. Use the drawdown chart below to compare losses from any high point for LVOL and QLV. For additional features, visit the drawdowns tool.
Volatility
LVOL vs. QLV - Volatility Comparison
American Century Low Volatility ETF (LVOL) has a higher volatility of 3.59% compared to FlexShares US Quality Low Volatility Index Fund (QLV) at 3.13%. This indicates that LVOL's price experiences larger fluctuations and is considered to be riskier than QLV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.