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SCDL vs. LVHD
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

SCDL vs. LVHD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ETRACS 2x Leveraged U.S. Dividend Factor TR ETN (SCDL) and Legg Mason Low Volatility High Dividend ETF (LVHD). The values are adjusted to include any dividend payments, if applicable.

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SCDL vs. LVHD - Yearly Performance Comparison


2026 (YTD)20252024202320222021
SCDL
ETRACS 2x Leveraged U.S. Dividend Factor TR ETN
24.46%2.05%14.99%0.18%-13.06%52.47%
LVHD
Legg Mason Low Volatility High Dividend ETF
6.93%7.50%10.18%-0.95%-1.82%25.19%

Returns By Period

In the year-to-date period, SCDL achieves a 24.46% return, which is significantly higher than LVHD's 6.93% return.


SCDL

1D
0.85%
1M
-5.08%
YTD
24.46%
6M
26.60%
1Y
20.68%
3Y*
16.30%
5Y*
9.62%
10Y*

LVHD

1D
0.34%
1M
-4.58%
YTD
6.93%
6M
4.97%
1Y
7.44%
3Y*
8.53%
5Y*
7.59%
10Y*
8.20%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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SCDL vs. LVHD - Expense Ratio Comparison

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


Return for Risk

SCDL vs. LVHD — Risk / Return Rank

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

SCDL
SCDL Risk / Return Rank: 3636
Overall Rank
SCDL Sharpe Ratio Rank: 3535
Sharpe Ratio Rank
SCDL Sortino Ratio Rank: 3939
Sortino Ratio Rank
SCDL Omega Ratio Rank: 3939
Omega Ratio Rank
SCDL Calmar Ratio Rank: 3737
Calmar Ratio Rank
SCDL Martin Ratio Rank: 3232
Martin Ratio Rank

LVHD
LVHD Risk / Return Rank: 3737
Overall Rank
LVHD Sharpe Ratio Rank: 3636
Sharpe Ratio Rank
LVHD Sortino Ratio Rank: 3434
Sortino Ratio Rank
LVHD Omega Ratio Rank: 3232
Omega Ratio Rank
LVHD Calmar Ratio Rank: 4343
Calmar Ratio Rank
LVHD Martin Ratio Rank: 4141
Martin Ratio Rank
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.

SCDL vs. LVHD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ETRACS 2x Leveraged U.S. Dividend Factor TR ETN (SCDL) and Legg Mason Low Volatility High Dividend 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.


SCDLLVHDDifference

Sharpe ratio

Return per unit of total volatility

0.64

0.62

+0.01

Sortino ratio

Return per unit of downside risk

1.09

0.94

+0.16

Omega ratio

Gain probability vs. loss probability

1.16

1.12

+0.03

Calmar ratio

Return relative to maximum drawdown

0.92

1.02

-0.10

Martin ratio

Return relative to average drawdown

2.80

3.64

-0.85

SCDL vs. LVHD - Sharpe Ratio Comparison

The current SCDL Sharpe Ratio is 0.64, which is comparable to the LVHD Sharpe Ratio of 0.62. The chart below compares the historical Sharpe Ratios of SCDL and LVHD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


SCDLLVHDDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.64

0.62

+0.01

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.33

0.59

-0.26

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.53

Sharpe Ratio (All Time)

Calculated using the full available price history

0.47

0.57

-0.10

Correlation

The correlation between SCDL and LVHD is 0.84, 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

SCDL vs. LVHD - Dividend Comparison

SCDL has not paid dividends to shareholders, while LVHD's dividend yield for the trailing twelve months is around 3.19%.


TTM2025202420232022202120202019201820172016
SCDL
ETRACS 2x Leveraged U.S. Dividend Factor TR ETN
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
LVHD
Legg Mason Low Volatility High Dividend ETF
3.19%3.35%4.23%3.55%3.30%2.56%3.27%3.30%3.82%3.33%2.48%

Drawdowns

SCDL vs. LVHD - Drawdown Comparison

The maximum SCDL drawdown since its inception was -34.87%, smaller than the maximum LVHD drawdown of -37.32%. Use the drawdown chart below to compare losses from any high point for SCDL and LVHD.


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Drawdown Indicators


SCDLLVHDDifference

Max Drawdown

Largest peak-to-trough decline

-34.87%

-37.32%

+2.45%

Max Drawdown (1Y)

Largest decline over 1 year

-25.74%

-8.52%

-17.22%

Max Drawdown (5Y)

Largest decline over 5 years

-34.87%

-16.75%

-18.12%

Max Drawdown (10Y)

Largest decline over 10 years

-37.32%

Current Drawdown

Current decline from peak

-5.81%

-4.66%

-1.15%

Average Drawdown

Average peak-to-trough decline

-12.26%

-4.05%

-8.21%

Ulcer Index

Depth and duration of drawdowns from previous peaks

8.61%

2.47%

+6.14%

Volatility

SCDL vs. LVHD - Volatility Comparison

ETRACS 2x Leveraged U.S. Dividend Factor TR ETN (SCDL) has a higher volatility of 4.69% compared to Legg Mason Low Volatility High Dividend ETF (LVHD) at 2.83%. This indicates that SCDL'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.


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Volatility by Period


SCDLLVHDDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.69%

2.83%

+1.86%

Volatility (6M)

Calculated over the trailing 6-month period

15.48%

6.53%

+8.95%

Volatility (1Y)

Calculated over the trailing 1-year period

32.67%

12.07%

+20.60%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

29.06%

12.87%

+16.19%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

29.12%

15.50%

+13.62%