VCR vs. LVHI
VCR (Vanguard Consumer Discretionary ETF) and LVHI (Franklin International Low Volatility High Dividend Index ETF) are both exchange-traded funds - VCR is a Consumer Discretionary Equities fund tracking the MSCI US Investable Market Consumer Discretionary 25/50 Index, while LVHI is a Volatility Hedged Equity fund tracking the Franklin International Low Volatility High Dividend Hedged Index-NR. Both are passively managed. Over the past 5 years, VCR returned 6.00%/yr vs 15.97%/yr for LVHI. At a 0.48 correlation, their price movements are largely independent. VCR charges 0.10%/yr vs 0.40%/yr for LVHI.
Performance
VCR vs. LVHI - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, VCR achieves a -0.09% return, which is significantly lower than LVHI's 13.78% return.
VCR
- 1D
- 0.20%
- 1M
- 0.16%
- YTD
- -0.09%
- 6M
- -1.17%
- 1Y
- 12.37%
- 3Y*
- 13.30%
- 5Y*
- 6.00%
- 10Y*
- 13.76%
LVHI
- 1D
- 0.49%
- 1M
- 0.84%
- YTD
- 13.78%
- 6M
- 14.96%
- 1Y
- 32.13%
- 3Y*
- 21.52%
- 5Y*
- 15.97%
- 10Y*
- —
VCR vs. LVHI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VCR Vanguard Consumer Discretionary ETF | -0.09% | 5.77% | 24.27% | 40.38% | -35.15% | 24.86% | 48.36% | 27.45% | -2.31% | 22.82% |
LVHI Franklin International Low Volatility High Dividend Index ETF | 13.78% | 27.12% | 14.81% | 17.45% | 3.84% | 18.19% | -8.76% | 18.35% | -5.22% | 12.26% |
Correlation
The correlation between VCR and LVHI is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.40 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.46 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.49 |
Correlation (All Time) Calculated using the full available price history since Jul 28, 2016 | 0.48 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
VCR vs. LVHI — Risk / Return Rank
VCR
LVHI
VCR vs. LVHI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Consumer Discretionary ETF (VCR) 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.
| VCR | LVHI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.71 | ||
| Sortino ratioReturn per unit of downside risk | -3.58 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.63 | -0.51 |
| Calmar ratioReturn relative to maximum drawdown | 0.72 | 5.23 | -4.51 |
| Martin ratioReturn relative to average drawdown | 2.21 | 21.61 | -19.41 |
Loading charts...
Drawdowns
VCR vs. LVHI - Drawdown Comparison
The maximum VCR drawdown since its inception was -61.54%, which is greater than LVHI's maximum drawdown of -32.31%. Use the drawdown chart below to compare losses from any high point for VCR and LVHI.
Loading charts...
Drawdown Indicators
| VCR | LVHI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.54% | -32.31% | -29.23% |
Max Drawdown (1Y)Largest decline over 1 year | -15.59% | -6.08% | -9.51% |
Max Drawdown (3Y)Largest decline over 3 years | -27.36% | -11.99% | -15.37% |
Max Drawdown (5Y)Largest decline over 5 years | -39.20% | -11.99% | -27.21% |
Max Drawdown (10Y)Largest decline over 10 years | -39.20% | — | — |
Current DrawdownCurrent decline from peak | -4.64% | 0.00% | -4.64% |
Average DrawdownAverage peak-to-trough decline | -9.39% | -3.51% | -5.88% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.05% | 1.48% | +3.57% |
Volatility
VCR vs. LVHI - Volatility Comparison
Vanguard Consumer Discretionary ETF (VCR) has a higher volatility of 6.17% compared to Franklin International Low Volatility High Dividend Index ETF (LVHI) at 2.78%. This indicates that VCR'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.
Loading charts...
Volatility by Period
| VCR | LVHI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.17% | 2.78% | +3.39% |
Volatility (6M)Calculated over the trailing 6-month period | 13.48% | 7.72% | +5.76% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.62% | 9.60% | +9.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.03% | 11.08% | +12.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.43% | 13.75% | +8.68% |
VCR vs. LVHI - Expense Ratio Comparison
VCR has a 0.10% expense ratio, which is lower than LVHI's 0.40% expense ratio.
Dividends
VCR vs. LVHI - Dividend Comparison
VCR's dividend yield for the trailing twelve months is around 0.73%, less than LVHI's 4.69% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LVHI Franklin International Low Volatility High Dividend Index ETF | 4.69% | 4.92% | 3.98% | 8.12% | 7.74% | 4.13% | 3.97% | 6.67% | 10.67% | 3.38% | 2.02% | 0.00% |
VCR Vanguard Consumer Discretionary ETF | 0.73% | 0.74% | 0.74% | 0.84% | 0.98% | 0.79% | 1.71% | 1.17% | 1.37% | 1.21% | 1.60% | 1.32% |
Frequently Asked Questions
VCR 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.
VCR has higher volatility (6.17%) compared to LVHI (2.78%). In terms of maximum drawdown, VCR dropped -61.54% vs LVHI's -32.31%.
On 5-year performance, LVHI leads with 15.97% vs 6.00% for VCR. On fees, VCR is cheaper at 0.10% per year. On volatility, LVHI has been the lower-risk option at 2.78%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, LVHI has performed better with a 15.97% return vs 6.00%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
VCR is cheaper with a 0.10% expense ratio, compared with 0.40% for LVHI.
LVHI has the higher dividend yield at 4.69%, compared with 0.73% for VCR.
VCR is categorized as Consumer Discretionary Equities, while LVHI is Volatility Hedged Equity. VCR tracks MSCI US Investable Market Consumer Discretionary 25/50 Index, while LVHI tracks Franklin International Low Volatility High Dividend Hedged Index-NR. They also come from different issuers: Vanguard and Franklin Templeton. Their fees differ too: 0.10% for VCR and 0.40% for LVHI.
LVHI currently has the higher Sharpe Ratio (3.31 vs 0.60), 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.
Find the right allocation for VCR and LVHI
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer