LVHD
Franklin U.S. Low Volatility High Dividend Index ETF
The Legg Mason Low Volatility High Dividend ETF tracks an index of roughly 50-100 US stocks selected from across the market cap spectrum. Stocks are selected and weighted to emphasize profitability, high dividends, low price volatility and low earnings volatility.
US
EQUITY
Rules-Based
MANAGEMENT STYLE
$ 578.4 M
ASSETS UNDER MGMT
27 bp
EXPENSES
Fund Basics
| Inception date | Dec 28, 2015 |
| Regulation | Open-End Investment Company |
| Fund Website | link... |
| Distributions | Quarterly |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
| ALTRIA GROUP INC | 3.0 % |
| CISCO SYSTEMS INC | 3.0 % |
| VERIZON COMMUNICATIONS INC | 3.0 % |
| AMERICAN ELECTRIC POWER | 2.9 % |
| CHEVRON CORP | 2.8 % |
| COCA-COLA CO/THE | 2.7 % |
| JOHNSON & JOHNSON | 2.5 % |
| SOUTHERN CO | 2.5 % |
| DUKE ENERGY CORP | 2.5 % |
| US BANCORP | 2.4 % |
Constituent Breakdown
| Number of holdings | 116 |
| Herfindahl-Hirschman Index | 170 |
| Wgt avg mkt cap (mns) | $97,956 |
| Large cap (>$10bn) | 87.8% |
| Mid cap ($2-10bn) | 10.5% |
| Small cap (<$2bn) | 0.7% |
| Developed mkts. | 99.3% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 97.3 % |
 |
IRELAND | 2.0 % |
Historical Performance
Standardized Performance (as of 05/31/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 6.4% | 6.6% | 8.2% | 6.3% | 2.9% | 4.5% | -- | 5.1% |
| Dividend Yield | 1.0% | 3.8% | 3.9% | 4.1% | 3.6% | 3.7% | -- | 3.6% |
| Total Returns | 7.4% | 10.4% | 12.1% | 10.3% | 6.5% | 8.2% | -- | 8.7% | Ann. Volatility | 9.6% | 9.5% | 11.4% | 11.8% | 12.9% | 15.5% | -- | 15.4% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.21 | 7% |
| MSCI EAFE | 0.26 | 17% |
| MSCI Emg Mkts | 0.09 | 4% |
Liquidity Measures
| Avg. volume (000) | 66 |
| ADV traded (mns) | $3 |
| Turnover | 0.5% |
| Avg. Bid/Ask (% of price) | 0.05% |
Technical Indicators
| 30d moving avg. (EMA) | $42.65 |
| Relative strength (RSI) | 49 |
| MACD/Signal | 0.06/0.05 |
| Bollinger Bands (Upper/Lower) | $43.30/$41.96 |
| Short interest (% of AUM) | 0.4% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. LVHD |
Expenses vs. LVHD |
ALTAR Score™ vs. LVHD |
|---|---|---|---|---|
| XRLV | Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF | 34.5% | -2 bp | -1.7% |
| SPLV | Invesco S&P 500 Low Volatility ETF | 34.5% | -2 bp | -1.4% |
| CDL | VictoryShares US Large Cap High Dividend Volatility Wtd ETF | 34.1% | +8 bp | +0.2% |
| CDC | VictoryShares US EQ Income Enhanced Volatility Wtd ETF | 34.0% | +11 bp | +0.2% |
| HDV | iShares Core High Dividend ETF | 33.0% | -19 bp | -0.7% |
| FDV | Federated Hermes U.S. Strategic Dividend ETF | 30.8% | +23 bp | -0.7% |
| LVDS | JPMorgan Fundamental Data Science Large Value ETF | 30.5% | +22 bp | -1.6% |
| SPHD | Invesco S&P 500 High Dividend Low Volatility ETF | 29.2% | +3 bp | +2.1% |
| MDLV | Morgan Dempsey Large Cap Value ETF | 29.2% | +31 bp | -0.9% |
| LGLV | State Street SPDR US Large Cap Low Volatility Index ETF | 28.5% | -15 bp | -0.7% |
Risk and Returns: LVHD vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 6/3/2026
Peer Group Comparison
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Historical Valuation Trends Sample data. Subscribe for access.
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
7.1%
ALTAR SCORE™
80th
PERCENTILE
SPECULATIVE
ETFRC RATING
There are 1,399 funds in the US Equity category with an average
ALTAR Score™ of 5.3% and a standard deviation
of 2.1%. LVHD's ALTAR Score™ is approximately 0.9 standard
deviations above the category average. This places LVHD in the 80th percentile
among funds in the category.
Sell-Side Consensus
$47.3
PRICE TARGET
+12.0%
UPSIDE