LVHD vs VOO
Franklin U.S. Low Volatility High Dividend Index ETF vs Vanguard S&P 500 ETF
Which is better, LVHD or VOO?
Large Cap Value against Large Cap Blend.
VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. LVHD is less concentrated, with 26.7% of the fund in its ten largest positions against 37.6%.
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 | LVHD | VOO |
|---|---|---|
| Expense Ratio | 0.27% | 0.03%Best |
| AUM | $620M | $997.4B |
| Dividend Yield | 3.38% | 1.04% |
| Holdings | 117 | 509 |
| YTD Return | +8.50% | +14.14%Best |
| 1Y Return | +8.65% | +17.31%Best |
| 3Y Return (annualized) | +11.70% | +23.04%Best |
| 5Y Return (annualized) | +7.08% | +13.63%Best |
| Volatility (annualized) | 13.6%Best | 15.1% |
| Max Drawdown | -37.3% | -34.3%Best |
| $10,000 over 5 years | $14,078 | $18,944Best |
| Top 10 Weight | 26.7%Best | 37.6% |
| Fund Family | Franklin Templeton Investments (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Dec 28, 2015 | Sep 7, 2010 |
Volatility and max drawdown are measured over the window both funds cover: Dec 29, 2015 to Sep 22, 2026 (10.7 years).
LVHD vs VOO 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.
LVHD vs VOO Performance
Franklin U.S. Low Volatility High Dividend Index ETF (LVHD) is an ETF from Franklin Templeton Investments (US) and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year LVHD returned +8.65% while VOO returned +17.31%. Year to date, LVHD is up 8.50% versus a gain of 14.14% for VOO.
Over three years, LVHD compounded at +11.70% per year against +23.04% for VOO; over five years the annualized figures are +7.08% and +13.63% respectively. Across the full 11-year window we track, VOO has the edge at +13.92% annualized vs +6.95%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 13.6% 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 -37.3% for LVHD and -34.3% for VOO. 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
LVHD charges 0.27% per year while VOO charges 0.03%. On a $10,000 position that is $27 vs $3 annually, a gap of $24 per year that compounds over a long holding period. On income, LVHD currently yields 3.38% against 1.04% for VOO.
Holdings Overlap
84.5% of LVHD's money is in holdings VOO also owns. 7.7% of VOO's money is in holdings LVHD also owns.
Most of LVHD is already inside VOO. Owning both mostly buys the same companies twice.
55 positions in common, counted across the 115 positions we hold weights for in LVHD and 494 in VOO, against full books of 117 and 509.
What only one of them owns
Measured across the 115 and 494 positions we hold weights for.
VOO holds 432 positions LVHD does not, 91.5% of the fund.
Largest: NVDA 7.55%, AAPL 7.05%, MSFT 5.36%, AMZN 4.13%, GOOGL 3.24%
Top Shared Holdings
| Stock | Weight in LVHD | Weight in VOO | Difference |
|---|---|---|---|
| JNJJohnson & Johnson - Common | 2.90% | 0.96% | 1.94% |
| KOCoca Cola Co. | 2.81% | 0.53% | 2.28% |
| CVXChevron Corp | 2.71% | 0.57% | 2.14% |
| VZVerizon Communic | 2.85% | 0.30% | 2.55% |
| PGProcter & Gamble Company | 2.49% | 0.52% | 1.97% |
| HDHome Depot Inc/The | 2.40% | 0.51% | 1.89% |
| PEPPepsico Inc. | 2.60% | 0.30% | 2.30% |
| USBUS Bancorp | 2.64% | 0.15% | 2.49% |
| MCDMcdonald'S Corp | 2.49% | 0.30% | 2.19% |
| KMBKimberly-Clark Corp. | 2.69% | 0.06% | 2.63% |
84.5% of LVHD is already inside VOO.
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, LVHD or VOO?
LVHD has an expense ratio of 0.27% while VOO charges 0.03%. VOO is the cheaper option, by $24 a year on a $10,000 investment.
Which performed better, LVHD or VOO?
Over the past year LVHD returned +8.65% vs +17.31% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (11 years), LVHD annualized +6.95% vs +13.92% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, LVHD or VOO?
VOO has been the more volatile fund at 15.1% annualized versus 13.6% for LVHD. Worst drawdown: LVHD -37.3% vs VOO -34.3%.
Should I hold both LVHD and VOO?
LVHD and VOO 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 LVHD and VOO?
84.5% of LVHD's money is in holdings VOO also owns. 7.7% of VOO's is in holdings LVHD also owns. They hold 55 positions in common, counted across the 115 positions we hold weights for in LVHD and 494 in VOO.
Which pays a higher dividend, LVHD or VOO?
LVHD yields 3.38% while VOO yields 1.04%, so LVHD currently pays the higher dividend yield.
Is VOO better than LVHD?
VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. LVHD is less concentrated, with 26.7% of the fund in its ten largest positions against 37.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.