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ETFs

Franklin U.S. Low Volatility High Dividend Index ETF

LVHD
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Dec 28 2015
Expense Ratio
0.27%
Type
US Equities
Fund Owner
Franklin Templeton
Volume (1m avg. daily)
$5,686,000
AUM
$934,848,000
Associated Index
QS Low Volatility High Dividend Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

CSCO
Cisco Systems, Inc.
3.00%
JNJ
Johnson & Johnson
2.74%
SO
Southern Company
2.68%
VZ
Verizon Communications Inc
2.64%
PM
Philip Morris International Inc
2.62%
PEP
PepsiCo Inc
2.58%
KHC
Kraft Heinz Co
2.57%
EXC
Exelon Corp.
2.56%
MMM
3M Co.
2.54%
KO
Coca-Cola Co
2.51%
Invest with LVHD

What is LVHD?

Franklin U.S. Low Volatility High Dividend Index ETF seeks to track the investment results of an index composed of equity securities of U.S. companies with relatively high yield and low price and earnings volatility. The QS Low Volatility High Dividend Index (the Index ) seeks to provide more stable income through investment in stocks of profitable U.S. companies with relatively high dividend yields and lower price and earnings volatility. The Index is based on a proprietary methodology created and sponsored by QS Investors, LLC ( QS ). The Index is composed of stocks of U.S. companies across a wide range of market capitalizations, including the largest 3,000 U.S. stocks as determined by the Solactive US Broad Market Index. Stocks in the Index must have demonstrated profitability over the last four fiscal quarters as a whole. Stocks whose yields are not supported by earnings are excluded from the Index. The methodology calculates a composite stable yield score, with the yield of stocks with relatively high price and earnings volatility adjusted downward and the yield of stocks with relatively low price and earnings volatility adjusted upward. QS anticipates that the number of component securities in the Index will range from 50 to 100. As initially constituted and balanced, no individual component of the Index will exceed 2.5% of the Index, no individual sector (as defined by QS) will exceed 25% of the Index, and real estate investment trust ( REITs ) components as a whole will not exceed 15% of the Index. The Index s components are reconstituted annually and rebalanced quarterly. The composition of the Index after annual reconstitution and rebalancing may fluctuate and exceed the aforementioned limits due to market movements. The components of the Underlying Index, and the degree to which these components represent certain sectors and industries, may change over time.

ETFs related toLVHD

ETFs correlated to LVHD include FVD, SPHD, SPLV

LVHD
Legg Mason ETF Investment Trust - Franklin U.S. Low Volatility High Dividend Index ETF
FVD
First Trust Exchange-Traded Fund III - First Trust Value Line Dividend Index Fund
SPHD
Invesco Capital Management LLC - Invesco S&P 500 High Dividend Low Volatility ETF
SPLV
Invesco Capital Management LLC - Invesco S&P 500 Low Volatility ETF
DVY
BlackRock Institutional Trust Company N.A. - iShares Select Dividend ETF
LGLV
SPDR Series Trust - SPDR SSGA US Large Cap Low Volatility Index ETF
SDY
SPDR Series Trust - SPDR Dividend ETF
CDL
Victory Portfolios II - VictoryShares US Large Cap High Div Volatility Wtd ETF
SPYD
SPDR Series Trust - SPDR Portfolio S&P 500 High Dividend ETF
USMV
BlackRock Institutional Trust Company N.A. - iShares MSCI USA Min Vol Factor ETF
NOBL
ProShares Trust - ProShares S&P 500 Dividend Aristocrats ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toLVHD

#CV

Controlling for Volatility

Category

Getting Defensive, Worried about Inflation?

Risk Rating

Moderate

#GLOBE

Follow the Global Trend

Category

Momentum, Lever Up, Go Global, Diversification

Risk Rating

Moderate

Create your own algorithmic trading strategy with LVHD using Composer

FAQ

LVHD is a US Equities ETF. Franklin U.S. Low Volatility High Dividend Index ETF seeks to track the investment results of an index composed of equity securities of U.S. companies with relatively high yield and low price and earnings volatility. The QS Low Volatility High Dividend Index (the Index ) seeks to provide more stable income through investment in stocks of profitable U.S. companies with relatively high dividend yields and lower price and earnings volatility. The Index is based on a proprietary methodology created and sponsored by QS Investors, LLC ( QS ). The Index is composed of stocks of U.S. companies across a wide range of market capitalizations, including the largest 3,000 U.S. stocks as determined by the Solactive US Broad Market Index. Stocks in the Index must have demonstrated profitability over the last four fiscal quarters as a whole. Stocks whose yields are not supported by earnings are excluded from the Index. The methodology calculates a composite stable yield score, with the yield of stocks with relatively high price and earnings volatility adjusted downward and the yield of stocks with relatively low price and earnings volatility adjusted upward. QS anticipates that the number of component securities in the Index will range from 50 to 100. As initially constituted and balanced, no individual component of the Index will exceed 2.5% of the Index, no individual sector (as defined by QS) will exceed 25% of the Index, and real estate investment trust ( REITs ) components as a whole will not exceed 15% of the Index. The Index s components are reconstituted annually and rebalanced quarterly. The composition of the Index after annual reconstitution and rebalancing may fluctuate and exceed the aforementioned limits due to market movements. The components of the Underlying Index, and the degree to which these components represent certain sectors and industries, may change over time.

LVHD tracks the QS Low Volatility High Dividend Index.

LVHD dividend information: Dividend - High Yield. Dividend payouts may vary in terms of frequency of payouts.

No, LVHD is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, LVHD is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on LVHD is -0.0282%. This is the percent change in the value of LVHD over the most recent 1-month period. The 3-month return on LVHD is -0.0403%. This is the percent change in the value of LVHD over the most recent 3-month period.

The standard deviation of LVHD for the past year is 0.1476%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to LVHD include VYM, DFAS, and DFAT.

ETFs correlated to LVHD include FVD, SPHD, and SPLV.

ETFs that are inversely correlated to LVHD include SDOW, DOG, and DXD.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.