QTEC vs. LVHD

Last updated Jul 17, 2026

QTEC (First Trust NASDAQ-100 Technology Sector Index Fund) and LVHD (Franklin U.S. Low Volatility High Dividend Index ETF) are both exchange-traded funds - QTEC is a Nasdaq-100 fund tracking the NASDAQ-100 Technology Sector Index, while LVHD is a Dividend fund tracking the Franklin U.S. Low Volatility High Dividend Index. Both are passively managed. Over the past 10 years, QTEC returned 21.34%/yr vs 8.26%/yr for LVHD. At a 0.33 correlation, their price movements are largely independent. QTEC charges 0.57%/yr vs 0.27%/yr for LVHD.

Performance

QTEC vs. LVHD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust NASDAQ-100 Technology Sector Index Fund (QTEC) 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, QTEC achieves a 32.07% return, which is significantly higher than LVHD's 14.62% return. Over the past 10 years, QTEC has outperformed LVHD with an annualized return of 21.34%, while LVHD has yielded a comparatively lower 8.26% annualized return.

QTEC

• 1D: -2.73%
• 1M: -6.22%
• 6M: 28.27%
• YTD: 32.07%
• 1Y: 41.63%
• 3Y*: 25.33%
• 5Y*: 14.69%
• 10Y*: 21.34%

LVHD

• 1D: 2.24%
• 1M: 3.49%
• 6M: 10.72%
• YTD: 14.62%
• 1Y: 16.67%
• 3Y*: 10.97%
• 5Y*: 7.75%
• 10Y*: 8.26%

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

QTEC vs. LVHD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
QTEC First Trust NASDAQ-100 Technology Sector Index Fund	32.07%	22.28%	7.32%	67.02%	-39.83%	26.89%	38.76%	48.22%	-4.62%	37.78%
LVHD Franklin U.S. Low Volatility High Dividend Index ETF	14.62%	7.50%	10.18%	-0.95%	-1.82%	26.90%	-1.28%	22.91%	-5.58%	14.25%

Correlation

The correlation between QTEC and LVHD is -0.16, 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	-0.16
Correlation (3Y) Calculated over the trailing 3-year period	0.06
Correlation (5Y) Calculated over the trailing 5-year period	0.23
Correlation (10Y) Calculated over the trailing 10-year period	0.32
Correlation (All Time) Calculated using the full available price history since Dec 29, 2015	0.33

The correlation between QTEC and LVHD shifts across timeframes, from -0.16 (1 year) to 0.33 (all time), reflecting how their relationship changes across market environments.

QTEC vs. LVHD - Sectors Allocation Comparison

Sectors	QTEC	LVHD
Technology	89.8%	3.1%
Communication Services	5.8%	2.6%
Consumer Cyclical	3.0%	7.4%
Industrials	1.4%	4.9%
Basic Materials	-	-
Consumer Defensive	-	21.8%
Energy	-	7.4%
Financial Services	-	8.2%
Healthcare	-	4.4%
Real Estate	-	15.4%
Utilities	-	24.8%

Return for Risk

QTEC vs. LVHD — Risk / Return Rank

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

QTEC

QTEC Risk / Return Rank: 56
QTEC Sharpe Ratio Rank: 56
QTEC Sortino Ratio Rank: 50
QTEC Omega Ratio Rank: 50
QTEC Calmar Ratio Rank: 65
QTEC Martin Ratio Rank: 57

LVHD

LVHD Risk / Return Rank: 60
LVHD Sharpe Ratio Rank: 60
LVHD Sortino Ratio Rank: 65
LVHD Omega Ratio Rank: 55
LVHD Calmar Ratio Rank: 67
LVHD Martin Ratio Rank: 50

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.

QTEC vs. LVHD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust NASDAQ-100 Technology Sector Index Fund (QTEC) 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.

	QTEC	LVHD	Difference
Sharpe ratio: Return per unit of total volatility	1.52	1.61	-0.08
Sortino ratio: Return per unit of downside risk	2.03	2.42	-0.39
Omega ratio: Gain probability vs. loss probability	1.26	1.28	-0.02
Calmar ratio: Return relative to maximum drawdown	2.61	2.71	-0.11
Martin ratio: Return relative to average drawdown	7.91	6.72	+1.19

QTEC vs. LVHD - Sharpe Ratio Comparison

The current QTEC Sharpe Ratio is 1.52, which is comparable to the LVHD Sharpe Ratio of 1.61. The chart below compares the historical Sharpe Ratios of QTEC 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

QTEC vs. LVHD - Drawdown Comparison

The maximum QTEC drawdown since its inception was -58.86%, which is greater than LVHD's maximum drawdown of -37.32%. Use the drawdown chart below to compare losses from any high point for QTEC and LVHD.

Drawdown Indicators

	QTEC	LVHD	Difference
Max Drawdown Largest peak-to-trough decline	-58.86%	-37.32%	-21.54%
Max Drawdown (1Y) Largest decline over 1 year	-16.03%	-6.17%	-9.86%
Max Drawdown (3Y) Largest decline over 3 years	-29.00%	-14.29%	-14.71%
Max Drawdown (5Y) Largest decline over 5 years	-45.54%	-16.75%	-28.79%
Max Drawdown (10Y) Largest decline over 10 years	-45.54%	-37.32%	-8.22%
Current Drawdown Current decline from peak	-9.44%	0.00%	-9.44%
Average Drawdown Average peak-to-trough decline	-9.86%	-4.02%	-5.84%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.28%	2.49%	+2.79%

Volatility

QTEC vs. LVHD - Volatility Comparison

First Trust NASDAQ-100 Technology Sector Index Fund (QTEC) has a higher volatility of 11.26% compared to Franklin U.S. Low Volatility High Dividend Index ETF (LVHD) at 4.92%. This indicates that QTEC's price experiences larger fluctuations and is considered to be riskier than LVHD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QTEC	LVHD	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.26%	4.92%	+6.34%
Volatility (6M) Calculated over the trailing 6-month period	23.41%	8.10%	+15.31%
Volatility (1Y) Calculated over the trailing 1-year period	27.47%	10.44%	+17.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.95%	13.02%	+16.93%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.82%	15.56%	+12.26%

QTEC vs. LVHD - Expense Ratio Comparison

QTEC has a 0.57% expense ratio, which is higher than LVHD's 0.27% expense ratio.

Dividends

QTEC vs. LVHD - Dividend Comparison

QTEC's dividend yield for the trailing twelve months is around 0.01%, less than LVHD's 3.17% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LVHD Franklin U.S. Low Volatility High Dividend Index ETF	3.17%	3.35%	4.23%	3.55%	3.30%	2.56%	3.27%	3.30%	3.82%	3.33%	2.48%	0.00%
QTEC First Trust NASDAQ-100 Technology Sector Index Fund	0.01%	0.00%	0.02%	0.14%	0.15%	0.02%	0.44%	0.68%	0.91%	0.80%	1.29%	0.99%

Frequently Asked Questions

Can I hold both QTEC and LVHD in my portfolio?

QTEC and LVHD have a correlation of -0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, QTEC or LVHD?

QTEC has higher volatility (11.26%) compared to LVHD (4.92%). In terms of maximum drawdown, QTEC dropped -58.86% vs LVHD's -37.32%.

Which ETF is better, QTEC or LVHD?

On 10-year performance, QTEC leads with 21.34% vs 8.26% for LVHD. On fees, LVHD is cheaper at 0.27% per year. On volatility, LVHD has been the lower-risk option at 4.92%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, QTEC or LVHD?

Over the 10-year period, QTEC has performed better with a 21.34% return vs 8.26%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, QTEC or LVHD?

LVHD is cheaper with a 0.27% expense ratio, compared with 0.57% for QTEC.

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

LVHD has the higher dividend yield at 3.17%, compared with 0.01% for QTEC.

What is the main difference between QTEC and LVHD?

QTEC is categorized as Nasdaq-100, while LVHD is Dividend. QTEC tracks NASDAQ-100 Technology Sector Index, while LVHD tracks Franklin U.S. Low Volatility High Dividend Index. They also come from different issuers: First Trust and Franklin Templeton. Their fees differ too: 0.57% for QTEC and 0.27% for LVHD.

Which has better risk-adjusted returns?

LVHD currently has the higher Sharpe Ratio (1.61 vs 1.52), 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.