XNTK vs. LVHD

Last updated Jul 17, 2026

XNTK (State Street SPDR NYSE Technology ETF) and LVHD (Franklin U.S. Low Volatility High Dividend Index ETF) are both exchange-traded funds - XNTK is a Technology Equities fund tracking the NYSE Technology 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, XNTK returned 24.07%/yr vs 8.26%/yr for LVHD. At a 0.31 correlation, their price movements are largely independent. XNTK charges 0.35%/yr vs 0.27%/yr for LVHD.

Performance

XNTK vs. LVHD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in State Street SPDR NYSE Technology ETF (XNTK) 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, XNTK achieves a 24.79% return, which is significantly higher than LVHD's 14.62% return. Over the past 10 years, XNTK has outperformed LVHD with an annualized return of 24.07%, while LVHD has yielded a comparatively lower 8.26% annualized return.

XNTK

• 1D: -2.80%
• 1M: -6.90%
• 6M: 21.81%
• YTD: 24.79%
• 1Y: 45.38%
• 3Y*: 33.60%
• 5Y*: 18.18%
• 10Y*: 24.07%

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)

XNTK vs. LVHD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
XNTK State Street SPDR NYSE Technology ETF	24.79%	38.06%	23.49%	70.13%	-41.07%	17.63%	73.91%	38.08%	-7.13%	40.37%
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 XNTK and LVHD is -0.19, 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	-0.19
Correlation (3Y) Calculated over the trailing 3-year period	0.03
Correlation (5Y) Calculated over the trailing 5-year period	0.21
Correlation (10Y) Calculated over the trailing 10-year period	0.30
Correlation (All Time) Calculated using the full available price history since Dec 29, 2015	0.31

The correlation between XNTK and LVHD shifts across timeframes, from -0.19 (1 year) to 0.31 (all time), reflecting how their relationship changes across market environments.

XNTK vs. LVHD - Sectors Allocation Comparison

Sectors	XNTK	LVHD
Technology	83.3%	3.1%
Communication Services	8.6%	2.6%
Consumer Cyclical	8.0%	7.4%
Basic Materials	-	-
Consumer Defensive	-	21.8%
Energy	-	7.4%
Financial Services	-	8.2%
Healthcare	-	4.4%
Industrials	-	4.9%
Real Estate	-	15.4%
Utilities	-	24.8%

Return for Risk

XNTK vs. LVHD — Risk / Return Rank

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

XNTK

XNTK Risk / Return Rank: 59
XNTK Sharpe Ratio Rank: 60
XNTK Sortino Ratio Rank: 52
XNTK Omega Ratio Rank: 55
XNTK Calmar Ratio Rank: 67
XNTK Martin Ratio Rank: 60

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.

XNTK vs. LVHD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for State Street SPDR NYSE Technology ETF (XNTK) 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.

	XNTK	LVHD	Difference
Sharpe ratio: Return per unit of total volatility	1.62	1.61	+0.01
Sortino ratio: Return per unit of downside risk	2.08	2.42	-0.34
Omega ratio: Gain probability vs. loss probability	1.28	1.28	0.00
Calmar ratio: Return relative to maximum drawdown	2.68	2.71	-0.03
Martin ratio: Return relative to average drawdown	8.31	6.72	+1.59

XNTK vs. LVHD - Sharpe Ratio Comparison

The current XNTK Sharpe Ratio is 1.62, which is comparable to the LVHD Sharpe Ratio of 1.61. The chart below compares the historical Sharpe Ratios of XNTK 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

XNTK vs. LVHD - Drawdown Comparison

The maximum XNTK drawdown since its inception was -72.38%, which is greater than LVHD's maximum drawdown of -37.32%. Use the drawdown chart below to compare losses from any high point for XNTK and LVHD.

Drawdown Indicators

	XNTK	LVHD	Difference
Max Drawdown Largest peak-to-trough decline	-72.38%	-37.32%	-35.06%
Max Drawdown (1Y) Largest decline over 1 year	-17.00%	-6.17%	-10.83%
Max Drawdown (3Y) Largest decline over 3 years	-28.11%	-14.29%	-13.82%
Max Drawdown (5Y) Largest decline over 5 years	-48.28%	-16.75%	-31.53%
Max Drawdown (10Y) Largest decline over 10 years	-48.28%	-37.32%	-10.96%
Current Drawdown Current decline from peak	-11.31%	0.00%	-11.31%
Average Drawdown Average peak-to-trough decline	-21.22%	-4.02%	-17.20%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.48%	2.49%	+2.99%

Volatility

XNTK vs. LVHD - Volatility Comparison

State Street SPDR NYSE Technology ETF (XNTK) has a higher volatility of 12.54% compared to Franklin U.S. Low Volatility High Dividend Index ETF (LVHD) at 4.92%. This indicates that XNTK'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

	XNTK	LVHD	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.54%	4.92%	+7.62%
Volatility (6M) Calculated over the trailing 6-month period	24.01%	8.10%	+15.91%
Volatility (1Y) Calculated over the trailing 1-year period	28.23%	10.44%	+17.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.81%	13.02%	+15.79%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.05%	15.56%	+11.49%

XNTK vs. LVHD - Expense Ratio Comparison

XNTK has a 0.35% expense ratio, which is higher than LVHD's 0.27% expense ratio.

Dividends

XNTK vs. LVHD - Dividend Comparison

XNTK's dividend yield for the trailing twelve months is around 0.15%, 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%
XNTK State Street SPDR NYSE Technology ETF	0.15%	0.23%	0.42%	0.34%	0.85%	0.34%	0.30%	0.61%	29.64%	1.29%	0.81%	0.93%

Frequently Asked Questions

Can I hold both XNTK and LVHD in my portfolio?

XNTK and LVHD have a correlation of -0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, XNTK or LVHD?

XNTK has higher volatility (12.54%) compared to LVHD (4.92%). In terms of maximum drawdown, XNTK dropped -72.38% vs LVHD's -37.32%.

Which ETF is better, XNTK or LVHD?

On 10-year performance, XNTK leads with 24.07% 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, XNTK or LVHD?

Over the 10-year period, XNTK has performed better with a 24.07% return vs 8.26%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, XNTK or LVHD?

LVHD is cheaper with a 0.27% expense ratio, compared with 0.35% for XNTK.

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

LVHD has the higher dividend yield at 3.17%, compared with 0.15% for XNTK.

What is the main difference between XNTK and LVHD?

XNTK is categorized as Technology Equities, while LVHD is Dividend. XNTK tracks NYSE Technology Index, while LVHD tracks Franklin U.S. Low Volatility High Dividend Index. They also come from different issuers: State Street and Franklin Templeton. Their fees differ too: 0.35% for XNTK and 0.27% for LVHD.

Which has better risk-adjusted returns?

XNTK currently has the higher Sharpe Ratio (1.62 vs 1.61), 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.