TNVIX vs. LVHI
Compare and contrast key facts about 1290 GAMCO Small/Mid Cap Value Fund (TNVIX) and Legg Mason International Low Volatility High Dividend ETF (LVHI).
TNVIX is managed by 1290 Funds. It was launched on Nov 12, 2014. LVHI is a passively managed fund by Franklin Templeton that tracks the performance of the QS International Low Volatility High Dividend Hedged Index. It was launched on Jul 27, 2016.
Performance
TNVIX vs. LVHI - Performance Comparison
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TNVIX vs. LVHI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TNVIX 1290 GAMCO Small/Mid Cap Value Fund | 6.91% | 13.91% | 11.48% | 21.31% | -11.37% | 21.85% | 11.33% | 19.81% | -14.34% | 19.00% |
LVHI Legg Mason International Low Volatility High Dividend ETF | 10.97% | 27.12% | 14.81% | 17.45% | 3.84% | 18.19% | -8.76% | 18.35% | -5.22% | 12.26% |
Returns By Period
In the year-to-date period, TNVIX achieves a 6.91% return, which is significantly lower than LVHI's 10.97% return.
TNVIX
- 1D
- 2.62%
- 1M
- -6.81%
- YTD
- 6.91%
- 6M
- 9.38%
- 1Y
- 28.09%
- 3Y*
- 15.60%
- 5Y*
- 8.65%
- 10Y*
- 10.69%
LVHI
- 1D
- 0.39%
- 1M
- -0.90%
- YTD
- 10.97%
- 6M
- 19.61%
- 1Y
- 32.28%
- 3Y*
- 21.53%
- 5Y*
- 16.29%
- 10Y*
- —
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TNVIX vs. LVHI - Expense Ratio Comparison
TNVIX has a 0.95% expense ratio, which is higher than LVHI's 0.40% expense ratio.
Return for Risk
TNVIX vs. LVHI — Risk / Return Rank
TNVIX
LVHI
TNVIX vs. LVHI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for 1290 GAMCO Small/Mid Cap Value Fund (TNVIX) and Legg Mason International Low Volatility High Dividend 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.
| TNVIX | LVHI | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.38 | 2.44 | -1.05 |
Sortino ratioReturn per unit of downside risk | 2.02 | 3.13 | -1.11 |
Omega ratioGain probability vs. loss probability | 1.27 | 1.54 | -0.27 |
Calmar ratioReturn relative to maximum drawdown | 2.12 | 3.00 | -0.88 |
Martin ratioReturn relative to average drawdown | 7.98 | 15.25 | -7.27 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| TNVIX | LVHI | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.38 | 2.44 | -1.05 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.44 | 1.49 | -1.05 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.51 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.46 | 0.82 | -0.37 |
Correlation
The correlation between TNVIX and LVHI is 0.56, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
TNVIX vs. LVHI - Dividend Comparison
TNVIX's dividend yield for the trailing twelve months is around 3.70%, less than LVHI's 4.53% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
TNVIX 1290 GAMCO Small/Mid Cap Value Fund | 3.70% | 3.95% | 8.76% | 3.82% | 2.51% | 7.05% | 0.47% | 1.74% | 1.58% | 1.87% | 1.79% |
LVHI Legg Mason International Low Volatility High Dividend ETF | 4.53% | 4.92% | 3.98% | 8.12% | 7.74% | 4.13% | 3.97% | 6.67% | 10.67% | 3.38% | 2.02% |
Drawdowns
TNVIX vs. LVHI - Drawdown Comparison
The maximum TNVIX drawdown since its inception was -42.75%, which is greater than LVHI's maximum drawdown of -32.31%. Use the drawdown chart below to compare losses from any high point for TNVIX and LVHI.
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Drawdown Indicators
| TNVIX | LVHI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.75% | -32.31% | -10.44% |
Max Drawdown (1Y)Largest decline over 1 year | -13.34% | -10.41% | -2.93% |
Max Drawdown (5Y)Largest decline over 5 years | -25.61% | -11.99% | -13.62% |
Max Drawdown (10Y)Largest decline over 10 years | -42.75% | — | — |
Current DrawdownCurrent decline from peak | -7.12% | -1.73% | -5.39% |
Average DrawdownAverage peak-to-trough decline | -6.27% | -3.56% | -2.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.54% | 2.13% | +1.41% |
Volatility
TNVIX vs. LVHI - Volatility Comparison
1290 GAMCO Small/Mid Cap Value Fund (TNVIX) has a higher volatility of 6.79% compared to Legg Mason International Low Volatility High Dividend ETF (LVHI) at 4.01%. This indicates that TNVIX'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
| TNVIX | LVHI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.79% | 4.01% | +2.78% |
Volatility (6M)Calculated over the trailing 6-month period | 11.89% | 7.14% | +4.75% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.74% | 13.30% | +7.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.78% | 10.99% | +8.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.08% | 13.82% | +7.26% |