LVHI vs QQQ
Franklin International Low Volatility High Dividend Index ETF vs Invesco QQQ Trust, Series 1
Which is better, LVHI or QQQ?
Large Cap Value against Large Cap Growth.
QQQ has a lower expense ratio. LVHI led over 1Y and 5Y, QQQ over 3Y and the full window. LVHI is less concentrated, with 22.4% of the fund in its ten largest positions against 46.5%.
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 | LVHI | QQQ |
|---|---|---|
| Expense Ratio | 0.40% | 0.18%Best |
| AUM | $5.9B | $483.5B |
| Dividend Yield | 3.74% | 0.44% |
| Holdings | 300 | 107 |
| YTD Return | +13.82% | +15.94%Best |
| 1Y Return | +25.33%Best | +20.44% |
| 3Y Return (annualized) | +20.73% | +24.86%Best |
| 5Y Return (annualized) | +16.06%Best | +14.26% |
| Volatility (annualized) | 11.0%Best | 18.9% |
| Max Drawdown | -32.3%Best | -35.1% |
| $10,000 over 5 years | $21,058Best | $19,475 |
| Top 10 Weight | 22.4%Best | 46.5% |
| Fund Family | Franklin Templeton Investments (US) | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Growth |
| Inception | Jul 27, 2016 | Mar 10, 1999 |
Volatility and max drawdown are measured over the window both funds cover: Jul 28, 2016 to Sep 14, 2026 (10.1 years).
LVHI vs QQQ 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 10.1 years both funds cover.
LVHI vs QQQ Performance
Franklin International Low Volatility High Dividend Index ETF (LVHI) is an ETF from Franklin Templeton Investments (US) and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year LVHI returned +25.33% while QQQ returned +20.44%. Year to date, LVHI is up 13.82% versus a gain of 15.94% for QQQ.
Over three years, LVHI compounded at +20.73% per year against +24.86% for QQQ; over five years the annualized figures are +16.06% and +14.26% respectively. Across the full 10-year window we track, QQQ has the edge at +20.06% annualized vs +11.26%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 18.9% compared with 11.0% for LVHI. 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 -32.3% for LVHI and -35.1% for QQQ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.44. They move together some of the time, and apart the rest.
Fees and Cost Over Time
LVHI charges 0.40% per year while QQQ charges 0.18%. On a $10,000 position that is $40 vs $18 annually, a gap of $22 per year that compounds over a long holding period. On income, LVHI currently yields 3.74% against 0.44% for QQQ.
Holdings Overlap
We hold position weights for 197 holdings in LVHI and 102 in QQQ, totalling 100.9% and 99.9% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 197 positions we hold weights for in LVHI and 102 in QQQ, against full books of 300 and 107.
What only one of them owns
Our book lists 96 positions for QQQ that do not appear in our book for LVHI (97.5% of the fund), and 7 for LVHI that do not appear in QQQ (5.3%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
You are not choosing between two funds in isolation.
Whichever of LVHI and QQQ you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, LVHI or QQQ?
LVHI has an expense ratio of 0.40% while QQQ charges 0.18%. QQQ is the cheaper option, by $22 a year on a $10,000 investment.
Which performed better, LVHI or QQQ?
Over the past year LVHI returned +25.33% vs +20.44% for QQQ, so LVHI leads on 1-year performance. Over the longest common window we track (10 years), LVHI annualized +11.26% vs +20.06% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, LVHI or QQQ?
QQQ has been the more volatile fund at 18.9% annualized versus 11.0% for LVHI. Worst drawdown: LVHI -32.3% vs QQQ -35.1%.
Should I hold both LVHI and QQQ?
LVHI and QQQ have a monthly-return correlation of 0.44, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, LVHI or QQQ?
LVHI yields 3.74% while QQQ yields 0.44%, so LVHI currently pays the higher dividend yield.
Is QQQ better than LVHI?
QQQ has a lower expense ratio. LVHI led over 1Y and 5Y, QQQ over 3Y and the full window. LVHI is less concentrated, with 22.4% of the fund in its ten largest positions against 46.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.