QQLV vs. LVHI
QQLV (Invesco QQQ Low Volatility ETF) and LVHI (Franklin International Low Volatility High Dividend Index ETF) are both exchange-traded funds - QQLV is a Low Volatility fund tracking the Nasdaq Low Volatility Index, while LVHI is a Dividend fund tracking the Franklin International Low Volatility High Dividend Hedged Index-NR. Both are passively managed. Over the past year, QQLV returned 3.51% vs 36.20% for LVHI. Their 0.47 correlation means their historical movements had little consistent relationship. QQLV charges 0.25%/yr vs 0.40%/yr for LVHI.
Performance
QQLV vs. LVHI - Performance Comparison
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Returns By Period
In the year-to-date period, QQLV achieves a 7.25% return, which is significantly lower than LVHI's 18.29% return.
QQLV
- 1D
- -0.53%
- 1M
- 1.40%
- 6M
- 5.54%
- YTD
- 7.25%
- 1Y
- 3.51%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 3.28%
LVHI
- 1D
- -0.70%
- 1M
- 4.07%
- 6M
- 13.36%
- YTD
- 18.29%
- 1Y
- 36.20%
- 3Y*
- 22.13%
- 5Y*
- 16.77%
- 10Y*
- 11.87%
- ALL TIME*
- 11.67%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $37.17M | $30.23M | $26.64M | |
| $52.35K | $30.06K | $34.79K |
QQLV vs. LVHI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
QQLV Invesco QQQ Low Volatility ETF | 7.25% | 4.19% | -5.60% |
LVHI Franklin International Low Volatility High Dividend Index ETF | 18.29% | 27.12% | -1.30% |
Correlation
The correlation between QQLV and LVHI is 0.40, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.40 |
Correlation (All Time) Calculated using the full available price history since Dec 4, 2024 | 0.47 |
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Return for Risk
QQLV vs. LVHI — Risk / Return Rank
QQLV
LVHI
QQLV vs. LVHI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco QQQ Low Volatility ETF (QQLV) and Franklin International Low Volatility High Dividend Index ETF (LVHI). 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.
| QQLV | LVHI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.44 | ||
| Sortino ratioReturn per unit of downside risk | -4.60 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 1.71 | -0.66 |
| Calmar ratioReturn relative to maximum drawdown | 0.43 | 5.76 | -5.33 |
| Martin ratioReturn relative to average drawdown | 0.84 | 24.05 | -23.21 |
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Drawdowns
QQLV vs. LVHI - Drawdown Comparison
The maximum QQLV drawdown since its inception was -9.54%, smaller than the maximum LVHI drawdown of -32.31%. Use the drawdown chart below to compare losses from any high point for QQLV and LVHI.
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Drawdown Indicators
| QQLV | LVHI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -9.54% | -32.31% | +22.77% |
Max Drawdown (1Y)Largest decline over 1 year | -7.22% | -6.08% | -1.14% |
Max Drawdown (3Y)Largest decline over 3 years | — | -11.99% | — |
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 | -2.09% | -0.70% | -1.39% |
Average DrawdownAverage peak-to-trough decline | -3.06% | -3.47% | +0.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.67% | 1.45% | +2.22% |
Volatility
QQLV vs. LVHI - Volatility Comparison
Invesco QQQ Low Volatility ETF (QQLV) has a higher volatility of 5.31% compared to Franklin International Low Volatility High Dividend Index ETF (LVHI) at 2.48%. This indicates that QQLV's price experiences larger fluctuations and is considered to be riskier than LVHI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| QQLV | LVHI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.31% | 2.48% | +2.83% |
Volatility (6M)Calculated over the trailing 6-month period | 9.02% | 7.58% | +1.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.17% | 9.46% | +1.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.06% | 11.05% | +2.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.06% | 13.70% | -0.64% |
QQLV vs. LVHI - Expense Ratio Comparison
QQLV has a 0.25% expense ratio, which is lower than LVHI's 0.40% expense ratio.
Dividends
QQLV vs. LVHI - Dividend Comparison
QQLV's dividend yield for the trailing twelve months is around 2.02%, less than LVHI's 4.51% 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% |
QQLV Invesco QQQ Low Volatility ETF | 2.02% | 1.84% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
QQLV and LVHI have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
QQLV has higher volatility (5.31%) compared to LVHI (2.48%). In terms of maximum drawdown, QQLV dropped -9.54% vs LVHI's -32.31%.
On 1-year performance, LVHI leads with 36.20% vs 3.51% for QQLV. On fees, QQLV is cheaper at 0.25% per year. On volatility, LVHI has been the lower-risk option at 2.48%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, LVHI has performed better with a 36.20% return vs 3.51%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
QQLV is cheaper with a 0.25% expense ratio, compared with 0.40% for LVHI.
LVHI has the higher dividend yield at 4.51%, compared with 2.02% for QQLV.
QQLV is categorized as Low Volatility, while LVHI is Dividend. QQLV tracks Nasdaq Low Volatility Index, while LVHI tracks Franklin International Low Volatility High Dividend Hedged Index-NR. They also come from different issuers: Invesco and Franklin Templeton. Their fees differ too: 0.25% for QQLV and 0.40% for LVHI.
LVHI currently has the higher Sharpe Ratio (3.72 vs 0.28), 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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