IVV vs LVHD
iShares Core S&P 500 ETF vs Franklin U.S. Low Volatility High Dividend Index ETF
Which is better, IVV or LVHD?
Large Cap Blend against Large Cap Value.
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. LVHD is less concentrated, with 24.9% of the fund in its ten largest positions against 37.9%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | IVV | LVHD |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.27% |
| AUM | $876.4B | $620M |
| Dividend Yield | 1.06% | 3.38% |
| Holdings | 508 | 117 |
| YTD Return | +12.51%Best | +10.74% |
| 1Y Return | +17.57%Best | +9.54% |
| 3Y Return (annualized) | +21.27%Best | +11.48% |
| 5Y Return (annualized) | +12.95%Best | +7.07% |
| Volatility (annualized) | 15.1% | 13.5%Best |
| Max Drawdown | -33.9%Best | -37.3% |
| $10,000 over 5 years | $18,384Best | $14,071 |
| Top 10 Weight | 37.9% | 24.9%Best |
| Fund Family | iShares by BlackRock (US) | Franklin Templeton Investments (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | May 15, 2000 | Dec 28, 2015 |
Volatility and max drawdown are measured over the window both funds cover: Dec 29, 2015 to Sep 11, 2026 (10.7 years).
IVV vs LVHD growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 10.7 years both funds cover.
IVV vs LVHD Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Franklin U.S. Low Volatility High Dividend Index ETF (LVHD) is an ETF from Franklin Templeton Investments (US). Over the past year IVV returned +17.57% while LVHD returned +9.54%. Year to date, IVV is up 12.51% versus a gain of 10.74% for LVHD.
Over three years, IVV compounded at +21.27% per year against +11.48% for LVHD; over five years the annualized figures are +12.95% and +7.07% respectively. Across the full 11-year window we track, IVV has the edge at +13.77% annualized vs +7.17%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 13.5% for LVHD. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -33.9% for IVV and -37.3% for LVHD. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.76. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while LVHD charges 0.27%. On a $10,000 position that is $3 vs $27 annually, a gap of $24 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 3.38% for LVHD.
Holdings Overlap
7.3% of IVV's money is in holdings LVHD also owns. 85.7% of LVHD's money is in holdings IVV also owns.
Most of LVHD is already inside IVV. Owning both mostly buys the same companies twice.
57 positions in common, counted across the 505 positions we hold weights for in IVV and 114 in LVHD, against full books of 508 and 117.
What only one of them owns
Measured across the 505 and 114 positions we hold weights for.
IVV holds 438 positions LVHD does not, 92.0% of the fund.
Largest: NVDA 7.98%, AAPL 6.86%, MSFT 5.44%, AMZN 4.01%, GOOGL 3.19%
Top Shared Holdings
| Stock | Weight in IVV | Weight in LVHD | Difference |
|---|---|---|---|
| JNJJohnson & Johnson | 0.93% | 2.62% | 1.69% |
| KOCoca Cola Co. | 0.51% | 2.69% | 2.18% |
| PGProcter & Gamble Company | 0.51% | 2.41% | 1.90% |
| HDHome Depot Inc/The | 0.53% | 2.38% | 1.85% |
| CVXChevron Corp. | 0.52% | 2.37% | 1.85% |
| USBUS Bancorp | 0.15% | 2.64% | 2.49% |
| KMBKimberly-Clark Corp. | 0.06% | 2.68% | 2.62% |
| VZVerizon Communications, Inc. | 0.29% | 2.37% | 2.08% |
| MOAltria Group Inc. | 0.17% | 2.43% | 2.26% |
| LMTLockheed Martin Corp | 0.18% | 2.30% | 2.12% |
85.7% of LVHD is already inside IVV.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, IVV or LVHD?
IVV has an expense ratio of 0.03% while LVHD charges 0.27%. IVV is the cheaper option, by $24 a year on a $10,000 investment.
Which performed better, IVV or LVHD?
Over the past year IVV returned +17.57% vs +9.54% for LVHD, so IVV leads on 1-year performance. Over the longest common window we track (11 years), IVV annualized +13.77% vs +7.17% for LVHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or LVHD?
IVV has been the more volatile fund at 15.1% annualized versus 13.5% for LVHD. Worst drawdown: IVV -33.9% vs LVHD -37.3%.
Should I hold both IVV and LVHD?
IVV and LVHD have a monthly-return correlation of 0.76, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between IVV and LVHD?
85.7% of LVHD's money is in holdings IVV also owns. 85.7% of LVHD's is in holdings IVV also owns. They hold 57 positions in common, counted across the 505 positions we hold weights for in IVV and 114 in LVHD.
Which pays a higher dividend, IVV or LVHD?
IVV yields 1.06% while LVHD yields 3.38%, so LVHD currently pays the higher dividend yield.
Is LVHD better than IVV?
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. LVHD is less concentrated, with 24.9% of the fund in its ten largest positions against 37.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.