ROM vs. LVHD

Last updated Jul 17, 2026

ROM (ProShares Ultra Technology) and LVHD (Franklin U.S. Low Volatility High Dividend Index ETF) are both exchange-traded funds - ROM is a Leveraged Equities fund tracking the S&P Technology Select Sector Index (200%), 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, ROM returned 38.73%/yr vs 8.26%/yr for LVHD. At a 0.33 correlation, their price movements are largely independent. ROM charges 0.95%/yr vs 0.27%/yr for LVHD.

Performance

ROM vs. LVHD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares Ultra Technology (ROM) 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, ROM achieves a 41.91% return, which is significantly higher than LVHD's 14.62% return. Over the past 10 years, ROM has outperformed LVHD with an annualized return of 38.73%, while LVHD has yielded a comparatively lower 8.26% annualized return.

ROM

• 1D: -4.55%
• 1M: -10.43%
• 6M: 39.31%
• YTD: 41.91%
• 1Y: 69.25%
• 3Y*: 41.80%
• 5Y*: 22.51%
• 10Y*: 38.73%

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)

ROM vs. LVHD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ROM ProShares Ultra Technology	41.91%	35.63%	31.65%	130.70%	-63.86%	77.75%	80.42%	102.10%	-9.89%	81.11%
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 ROM 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 (3Y) Calculated over the trailing 3-year period	0.02
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 ROM and LVHD shifts across timeframes, from -0.23 (1 year) to 0.33 (all time), reflecting how their relationship changes across market environments.

ROM vs. LVHD - Sectors Allocation Comparison

Sectors	ROM	LVHD
Technology	59.8%	3.1%
Financial Services	3.3%	8.2%
Energy	0.1%	7.4%
Industrials	0.0%	4.9%
Basic Materials	-	-
Communication Services	-	2.6%
Consumer Cyclical	-	7.4%
Consumer Defensive	-	21.8%
Healthcare	-	4.4%
Real Estate	-	15.4%
Utilities	-	24.8%

Return for Risk

ROM vs. LVHD — Risk / Return Rank

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

ROM

ROM Risk / Return Rank: 47
ROM Sharpe Ratio Rank: 50
ROM Sortino Ratio Rank: 44
ROM Omega Ratio Rank: 45
ROM Calmar Ratio Rank: 53
ROM Martin Ratio Rank: 45

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.

ROM vs. LVHD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra Technology (ROM) 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.

	ROM	LVHD	Difference
Sharpe ratio: Return per unit of total volatility	1.41	1.61	-0.19
Sortino ratio: Return per unit of downside risk	1.87	2.42	-0.55
Omega ratio: Gain probability vs. loss probability	1.24	1.28	-0.04
Calmar ratio: Return relative to maximum drawdown	2.15	2.71	-0.56
Martin ratio: Return relative to average drawdown	5.90	6.72	-0.82

ROM vs. LVHD - Sharpe Ratio Comparison

The current ROM Sharpe Ratio is 1.41, which is comparable to the LVHD Sharpe Ratio of 1.61. The chart below compares the historical Sharpe Ratios of ROM 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

ROM vs. LVHD - Drawdown Comparison

The maximum ROM drawdown since its inception was -83.36%, which is greater than LVHD's maximum drawdown of -37.32%. Use the drawdown chart below to compare losses from any high point for ROM and LVHD.

Drawdown Indicators

	ROM	LVHD	Difference
Max Drawdown Largest peak-to-trough decline	-83.36%	-37.32%	-46.04%
Max Drawdown (1Y) Largest decline over 1 year	-32.33%	-6.17%	-26.16%
Max Drawdown (3Y) Largest decline over 3 years	-48.10%	-14.29%	-33.81%
Max Drawdown (5Y) Largest decline over 5 years	-67.55%	-16.75%	-50.80%
Max Drawdown (10Y) Largest decline over 10 years	-67.55%	-37.32%	-30.23%
Current Drawdown Current decline from peak	-21.76%	0.00%	-21.76%
Average Drawdown Average peak-to-trough decline	-20.84%	-4.02%	-16.82%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.77%	2.49%	+9.28%

Volatility

ROM vs. LVHD - Volatility Comparison

ProShares Ultra Technology (ROM) has a higher volatility of 19.85% compared to Franklin U.S. Low Volatility High Dividend Index ETF (LVHD) at 4.92%. This indicates that ROM'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

	ROM	LVHD	Difference
Volatility (1M) Calculated over the trailing 1-month period	19.85%	4.92%	+14.93%
Volatility (6M) Calculated over the trailing 6-month period	42.14%	8.10%	+34.04%
Volatility (1Y) Calculated over the trailing 1-year period	49.27%	10.44%	+38.83%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	52.94%	13.02%	+39.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	50.38%	15.56%	+34.82%

ROM vs. LVHD - Expense Ratio Comparison

ROM has a 0.95% expense ratio, which is higher than LVHD's 0.27% expense ratio.

Dividends

ROM vs. LVHD - Dividend Comparison

ROM's dividend yield for the trailing twelve months is around 0.07%, 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%
ROM ProShares Ultra Technology	0.07%	0.24%	0.21%	0.01%	0.00%	0.00%	0.05%	0.16%	0.30%	0.08%	0.20%	0.12%

Frequently Asked Questions

Can I hold both ROM and LVHD in my portfolio?

ROM 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, ROM or LVHD?

ROM has higher volatility (19.85%) compared to LVHD (4.92%). In terms of maximum drawdown, ROM dropped -83.36% vs LVHD's -37.32%.

Which ETF is better, ROM or LVHD?

On 10-year performance, ROM leads with 38.73% 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, ROM or LVHD?

Over the 10-year period, ROM has performed better with a 38.73% return vs 8.26%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ROM or LVHD?

LVHD is cheaper with a 0.27% expense ratio, compared with 0.95% for ROM.

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

LVHD has the higher dividend yield at 3.17%, compared with 0.07% for ROM.

What is the main difference between ROM and LVHD?

ROM is categorized as Leveraged Equities, while LVHD is Dividend. ROM tracks S&P Technology Select Sector Index (200%), while LVHD tracks Franklin U.S. Low Volatility High Dividend Index. They also come from different issuers: ProShares and Franklin Templeton. Their fees differ too: 0.95% for ROM and 0.27% for LVHD.

Which has better risk-adjusted returns?

LVHD currently has the higher Sharpe Ratio (1.61 vs 1.41), 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.