CAPE vs LSVD
DoubleLine Shiller CAPE US Equities ETF vs LSV Disciplined Value ETF
Which is better, CAPE or LSVD?
LSVD has been ahead.
LSVD has a lower expense ratio. LSVD led over 1Y and the full window. CAPE is less concentrated, with 29.0% of the fund in its ten largest positions against 35.0%.
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 | CAPE | LSVD |
|---|---|---|
| Expense Ratio | 0.65% | 0.40%Best |
| AUM | $209M | $678M |
| Dividend Yield | 1.46% | 0.27% |
| Holdings | 182 | 136 |
| YTD Return | +0.19% | +20.92%Best |
| 1Y Return | +0.83% | +30.07%Best |
| 3Y Return (annualized) | +11.60% | - |
| Volatility (annualized) | 11.2%Best | 13.3% |
| Max Drawdown | -13.6%Best | -19.3% |
| $10,000 over 1.8 years | $10,819 | $14,810Best |
| Top 10 Weight | 29.0%Best | 35.0% |
| Fund Family | DoubleLine Funds | LSV Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Mar 31, 2022 | Dec 17, 2024 |
Not shown on this pair: 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 1.8 years row, are measured over the window both funds cover: Dec 18, 2024 to Oct 14, 2026 (1.8 years).
CAPE vs LSVD 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 1.8 years both funds cover.
CAPE vs LSVD Performance
DoubleLine Shiller CAPE US Equities ETF (CAPE) is an ETF from DoubleLine Funds and LSV Disciplined Value ETF (LSVD) is an ETF from LSV Asset Management. Over the past year CAPE returned +0.83% while LSVD returned +30.07%. Year to date, CAPE is up 0.19% versus a gain of 20.92% for LSVD.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
LSVD has been the more volatile fund, with annualized monthly volatility of 13.3% compared with 11.2% for CAPE. 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 -13.6% for CAPE and -19.3% for LSVD. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.59. They move together some of the time, and apart the rest.
Fees and Cost Over Time
CAPE charges 0.65% per year while LSVD charges 0.40%. On a $10,000 position that is $65 vs $40 annually, a gap of $25 per year that compounds over a long holding period. On income, CAPE currently yields 1.46% against 0.27% for LSVD.
Holdings Overlap
18.7% of CAPE's money is in holdings LSVD also owns. 11.3% of LSVD's money is in holdings CAPE also owns.
CAPE and LSVD share little of their money.
15 positions in common, counted across the 170 positions we hold weights for in CAPE and 135 in LSVD, against full books of 182 and 136.
What only one of them owns
Our book lists 118 positions for LSVD that do not appear in our book for CAPE (88.3% of the fund), and 150 for CAPE that do not appear in LSVD (76.5%).
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.
Top Shared Holdings
| Stock | Weight in CAPE | Weight in LSVD | Difference |
|---|---|---|---|
| AMZNAmazon.Com Inc | 6.04% | 3.67% | 2.37% |
| TSLATesla Inc | 4.28% | 0.15% | 4.13% |
| NEMNewmont Corp Common | 1.99% | 0.63% | 1.36% |
| TGTTARGET CORP | 1.17% | 0.67% | 0.50% |
| MOAltria Group Inc | 1.06% | 0.62% | 0.44% |
| GMGeneral Motors Co | 0.48% | 1.06% | 0.58% |
| PEPPepsico Inc. | 1.10% | 0.40% | 0.70% |
| STLDSteel Dynamics Inc | 0.96% | 0.47% | 0.49% |
| EBAYEbay Inc. | 0.28% | 0.91% | 0.63% |
| EXPEExpedia Inc | 0.23% | 0.86% | 0.63% |
You are not choosing between two funds in isolation.
Whichever of CAPE and LSVD 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, CAPE or LSVD?
CAPE has an expense ratio of 0.65% while LSVD charges 0.40%. LSVD is the cheaper option, by $25 a year on a $10,000 investment.
Which performed better, CAPE or LSVD?
Over the past year CAPE returned +0.83% vs +30.07% for LSVD, so LSVD leads on 1-year performance. Over the longest common window we track (2 years), CAPE annualized +4.47% vs +24.38% for LSVD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CAPE or LSVD?
LSVD has been the more volatile fund at 13.3% annualized versus 11.2% for CAPE. Worst drawdown: CAPE -13.6% vs LSVD -19.3%.
Should I hold both CAPE and LSVD?
CAPE and LSVD have a monthly-return correlation of 0.59, 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 CAPE and LSVD?
18.7% of CAPE's money is in holdings LSVD also owns. 11.3% of LSVD's is in holdings CAPE also owns. They hold 15 positions in common, counted across the 170 positions we hold weights for in CAPE and 135 in LSVD.
Which pays a higher dividend, CAPE or LSVD?
CAPE yields 1.46% while LSVD yields 0.27%, so CAPE currently pays the higher dividend yield.
Is LSVD better than CAPE?
LSVD has a lower expense ratio. LSVD led over 1Y and the full window. CAPE is less concentrated, with 29.0% of the fund in its ten largest positions against 35.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.