NVYY vs. LVHD

Last updated Jul 14, 2026

NVYY (GraniteShares YieldBOOST NVDA ETF) and LVHD (Franklin U.S. Low Volatility High Dividend Index ETF) are both exchange-traded funds - NVYY is a Leveraged Equities fund actively managed by GraniteShares, while LVHD is a Dividend fund tracking the Franklin U.S. Low Volatility High Dividend Index. NVYY is actively managed, while LVHD is passively managed. Over the past year, NVYY returned 13.05% vs 14.86% for LVHD. At a correlation of -0.18, they often move in opposite directions. NVYY charges 1.07%/yr vs 0.27%/yr for LVHD.

Performance

NVYY vs. LVHD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GraniteShares YieldBOOST NVDA ETF (NVYY) and Franklin U.S. Low Volatility High Dividend Index ETF (LVHD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NVYY achieves a 2.44% return, which is significantly lower than LVHD's 13.28% return.

NVYY

• 1D: -0.55%
• 1M: 0.16%
• 6M: 1.42%
• YTD: 2.44%
• 1Y: 13.05%
• 3Y*: —
• 5Y*: —
• 10Y*: —

LVHD

• 1D: 0.45%
• 1M: 2.10%
• 6M: 11.64%
• YTD: 13.28%
• 1Y: 14.86%
• 3Y*: 10.36%
• 5Y*: 7.56%
• 10Y*: 8.14%

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

NVYY vs. LVHD - Yearly Performance Comparison

	2026 (YTD)	2025
NVYY GraniteShares YieldBOOST NVDA ETF	2.44%	31.98%
LVHD Franklin U.S. Low Volatility High Dividend Index ETF	13.28%	3.24%

Correlation

The correlation between NVYY and LVHD is -0.23, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.23
Correlation (All Time) Calculated using the full available price history since May 13, 2025	-0.19

Return for Risk

NVYY vs. LVHD — Risk / Return Rank

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

NVYY

NVYY Risk / Return Rank: 21
NVYY Sharpe Ratio Rank: 20
NVYY Sortino Ratio Rank: 19
NVYY Omega Ratio Rank: 20
NVYY Calmar Ratio Rank: 23
NVYY Martin Ratio Rank: 21

LVHD

LVHD Risk / Return Rank: 53
LVHD Sharpe Ratio Rank: 53
LVHD Sortino Ratio Rank: 56
LVHD Omega Ratio Rank: 49
LVHD Calmar Ratio Rank: 61
LVHD Martin Ratio Rank: 46

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.

NVYY vs. LVHD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares YieldBOOST NVDA ETF (NVYY) and Franklin U.S. Low Volatility High Dividend Index ETF (LVHD). 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.

	NVYY	LVHD	Difference
Sharpe ratio: Return per unit of total volatility	0.55	1.45	-0.90
Sortino ratio: Return per unit of downside risk	0.85	2.15	-1.29
Omega ratio: Gain probability vs. loss probability	1.12	1.25	-0.13
Calmar ratio: Return relative to maximum drawdown	0.88	2.42	-1.54
Martin ratio: Return relative to average drawdown	1.90	6.00	-4.10

NVYY vs. LVHD - Sharpe Ratio Comparison

The current NVYY Sharpe Ratio is 0.55, which is lower than the LVHD Sharpe Ratio of 1.45. The chart below compares the historical Sharpe Ratios of NVYY and LVHD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

NVYY vs. LVHD - Drawdown Comparison

The maximum NVYY drawdown since its inception was -14.90%, smaller than the maximum LVHD drawdown of -37.32%. Use the drawdown chart below to compare losses from any high point for NVYY and LVHD.

Drawdown Indicators

	NVYY	LVHD	Difference
Max Drawdown Largest peak-to-trough decline	-14.90%	-37.32%	+22.42%
Max Drawdown (1Y) Largest decline over 1 year	-14.90%	-6.17%	-8.73%
Max Drawdown (3Y) Largest decline over 3 years	—	-14.29%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-16.75%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-37.32%	—
Current Drawdown Current decline from peak	-6.82%	-0.82%	-6.00%
Average Drawdown Average peak-to-trough decline	-5.16%	-4.02%	-1.14%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.88%	2.48%	+4.40%

Volatility

NVYY vs. LVHD - Volatility Comparison

The current volatility for GraniteShares YieldBOOST NVDA ETF (NVYY) is 2.90%, while Franklin U.S. Low Volatility High Dividend Index ETF (LVHD) has a volatility of 4.43%. This indicates that NVYY experiences smaller price fluctuations and is considered to be less risky than LVHD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NVYY	LVHD	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.90%	4.43%	-1.53%
Volatility (6M) Calculated over the trailing 6-month period	15.76%	7.77%	+7.99%
Volatility (1Y) Calculated over the trailing 1-year period	24.00%	10.30%	+13.70%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.31%	12.99%	+10.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.31%	15.55%	+7.76%

NVYY vs. LVHD - Expense Ratio Comparison

NVYY has a 1.07% expense ratio, which is higher than LVHD's 0.27% expense ratio.

Dividends

NVYY vs. LVHD - Dividend Comparison

NVYY's dividend yield for the trailing twelve months is around 138.39%, more than LVHD's 3.21% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
LVHD Franklin U.S. Low Volatility High Dividend Index ETF	3.21%	3.35%	4.23%	3.55%	3.30%	2.56%	3.27%	3.30%	3.82%	3.33%	2.48%
NVYY GraniteShares YieldBOOST NVDA ETF	138.39%	75.30%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both NVYY and LVHD in my portfolio?

NVYY and LVHD 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.

Which is riskier, NVYY or LVHD?

LVHD has higher volatility (4.43%) compared to NVYY (2.90%). In terms of maximum drawdown, NVYY dropped -14.90% vs LVHD's -37.32%.

Which ETF is better, NVYY or LVHD?

On 1-year performance, LVHD leads with 14.86% vs 13.05% for NVYY. On fees, LVHD is cheaper at 0.27% per year. On volatility, NVYY has been the lower-risk option at 2.90%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, NVYY or LVHD?

Over the 1-year period, LVHD has performed better with a 14.86% return vs 13.05%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, NVYY or LVHD?

LVHD is cheaper with a 0.27% expense ratio, compared with 1.07% for NVYY.

Which ETF pays a higher dividend yield, NVYY or LVHD?

NVYY has the higher dividend yield at 138.39%, compared with 3.21% for LVHD.

What is the main difference between NVYY and LVHD?

NVYY is categorized as Leveraged Equities, while LVHD is Dividend. They also come from different issuers: GraniteShares and Franklin Templeton. Their fees differ too: 1.07% for NVYY and 0.27% for LVHD.

Which has better risk-adjusted returns?

LVHD currently has the higher Sharpe Ratio (1.45 vs 0.55), 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.