QLVD vs. FLLV
Compare and contrast key facts about FlexShares Developed Markets ex-US Quality Low Volatility Index Fund (QLVD) and Franklin Liberty U.S. Low Volatility ETF (FLLV).
QLVD and FLLV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QLVD is a passively managed fund by Northern Trust that tracks the performance of the Northern Trust Developed Markets ex US Quality Low Volatility Index. It was launched on Jul 15, 2019. FLLV is an actively managed fund by Franklin Templeton. It was launched on Sep 20, 2016.
Performance
QLVD vs. FLLV - Performance Comparison
Loading graphics...
QLVD vs. FLLV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
QLVD FlexShares Developed Markets ex-US Quality Low Volatility Index Fund | 3.29% | 24.21% | 4.67% | 11.57% | -12.09% | 9.04% | 3.00% | 6.35% |
FLLV Franklin Liberty U.S. Low Volatility ETF | 7.36% | 15.92% | 10.70% | 13.87% | -8.54% | 23.36% | 12.33% | 5.50% |
Returns By Period
In the year-to-date period, QLVD achieves a 3.29% return, which is significantly lower than FLLV's 7.36% return.
QLVD
- 1D
- 2.09%
- 1M
- -5.62%
- YTD
- 3.29%
- 6M
- 6.74%
- 1Y
- 17.40%
- 3Y*
- 12.29%
- 5Y*
- 7.17%
- 10Y*
- —
FLLV
- 1D
- 1.23%
- 1M
- -2.97%
- YTD
- 7.36%
- 6M
- 11.87%
- 1Y
- 21.14%
- 3Y*
- 15.33%
- 5Y*
- 11.11%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
QLVD vs. FLLV - Expense Ratio Comparison
QLVD has a 0.32% expense ratio, which is higher than FLLV's 0.29% expense ratio.
Return for Risk
QLVD vs. FLLV — Risk / Return Rank
QLVD
FLLV
QLVD vs. FLLV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for FlexShares Developed Markets ex-US Quality Low Volatility Index Fund (QLVD) and Franklin Liberty U.S. Low Volatility ETF (FLLV). 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.
| QLVD | FLLV | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.41 | 1.55 | -0.14 |
Sortino ratioReturn per unit of downside risk | 2.00 | 2.17 | -0.18 |
Omega ratioGain probability vs. loss probability | 1.28 | 1.35 | -0.07 |
Calmar ratioReturn relative to maximum drawdown | 2.11 | 1.98 | +0.13 |
Martin ratioReturn relative to average drawdown | 8.00 | 9.86 | -1.86 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| QLVD | FLLV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.41 | 1.55 | -0.14 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.62 | 0.84 | -0.22 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.50 | 0.81 | -0.31 |
Correlation
The correlation between QLVD and FLLV is 0.70, 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.
Dividends
QLVD vs. FLLV - Dividend Comparison
QLVD's dividend yield for the trailing twelve months is around 2.77%, less than FLLV's 4.80% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
QLVD FlexShares Developed Markets ex-US Quality Low Volatility Index Fund | 2.77% | 2.87% | 3.01% | 3.33% | 2.47% | 3.06% | 1.78% | 1.06% | 0.00% | 0.00% | 0.00% |
FLLV Franklin Liberty U.S. Low Volatility ETF | 4.80% | 4.71% | 3.25% | 1.75% | 1.68% | 1.41% | 1.40% | 1.31% | 1.55% | 1.44% | 0.50% |
Drawdowns
QLVD vs. FLLV - Drawdown Comparison
The maximum QLVD drawdown since its inception was -28.20%, smaller than the maximum FLLV drawdown of -33.95%. Use the drawdown chart below to compare losses from any high point for QLVD and FLLV.
Loading graphics...
Drawdown Indicators
| QLVD | FLLV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.20% | -33.95% | +5.75% |
Max Drawdown (1Y)Largest decline over 1 year | -8.15% | -11.10% | +2.95% |
Max Drawdown (5Y)Largest decline over 5 years | -23.99% | -18.40% | -5.59% |
Current DrawdownCurrent decline from peak | -5.62% | -2.97% | -2.65% |
Average DrawdownAverage peak-to-trough decline | -5.27% | -3.30% | -1.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.14% | 2.23% | -0.09% |
Volatility
QLVD vs. FLLV - Volatility Comparison
FlexShares Developed Markets ex-US Quality Low Volatility Index Fund (QLVD) has a higher volatility of 5.23% compared to Franklin Liberty U.S. Low Volatility ETF (FLLV) at 3.23%. This indicates that QLVD's price experiences larger fluctuations and is considered to be riskier than FLLV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| QLVD | FLLV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.23% | 3.23% | +2.00% |
Volatility (6M)Calculated over the trailing 6-month period | 7.71% | 6.31% | +1.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.43% | 13.74% | -1.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.68% | 13.32% | -1.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.02% | 15.80% | -1.78% |