LVHD vs VTI
Franklin U.S. Low Volatility High Dividend Index ETF vs Vanguard Morningstar Total Stock Market ETF
Which is better, LVHD or VTI?
Large Cap Value against Large Cap Blend.
VTI has a lower expense ratio. VTI led over 1Y, 3Y, 5Y and the full window. LVHD is less concentrated, with 26.5% of the fund in its ten largest positions against 33.5%.
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 | LVHD | VTI |
|---|---|---|
| Expense Ratio | 0.27% | 0.03%Best |
| AUM | $600M | $689.2B |
| Dividend Yield | 3.60% | 1.06% |
| Holdings | 236 | 3,524 |
| YTD Return | +9.41% | +13.02%Best |
| 1Y Return | +7.95% | +16.63%Best |
| 3Y Return (annualized) | +12.58% | +21.97%Best |
| 5Y Return (annualized) | +6.86% | +11.99%Best |
| Volatility (annualized) | 13.6%Best | 15.5% |
| Max Drawdown | -37.3% | -35.0%Best |
| $10,000 over 5 years | $13,934 | $17,616Best |
| Top 10 Weight | 26.5%Best | 33.5% |
| Fund Family | Franklin Templeton Investments (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Dec 28, 2015 | May 24, 2001 |
Volatility and max drawdown are measured over the window both funds cover: Dec 29, 2015 to Oct 14, 2026 (10.8 years).
LVHD vs VTI 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 10.8 years both funds cover.
LVHD vs VTI Performance
Franklin U.S. Low Volatility High Dividend Index ETF (LVHD) is an ETF from Franklin Templeton Investments (US) and Vanguard Morningstar Total Stock Market ETF (VTI) is an ETF from Vanguard (US). Over the past year LVHD returned +7.95% while VTI returned +16.63%. Year to date, LVHD is up 9.41% versus a gain of 13.02% for VTI.
Over three years, LVHD compounded at +12.58% per year against +21.97% for VTI; over five years the annualized figures are +6.86% and +11.99% respectively. Across the full 11-year window we track, VTI has the edge at +13.29% annualized vs +6.99%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VTI has been the more volatile fund, with annualized monthly volatility of 15.5% 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 -35.0% for VTI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.75. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
LVHD charges 0.27% per year while VTI 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 3.60% against 1.06% for VTI.
Holdings Overlap
96.6% of LVHD's money is in holdings VTI also owns. 7.0% of VTI's money is in holdings LVHD also owns.
Most of LVHD is already inside VTI. Owning both mostly buys the same companies twice.
112 positions in common, counted across the 115 positions we hold weights for in LVHD and 3,441 in VTI, against full books of 236 and 3,524.
What only one of them owns
Our book lists 1,068 positions for VTI that do not appear in our book for LVHD (90.6% of the fund), and 3 for LVHD that do not appear in VTI (3.1%).
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 LVHD | Weight in VTI | Difference |
|---|---|---|---|
| JNJJohnson & Johnson - Common | 2.90% | 0.87% | 2.03% |
| CVXChevron Corp | 2.81% | 0.53% | 2.28% |
| KOThe Coca-Cola Company | 2.92% | 0.41% | 2.51% |
| PGProcter & Gamble | 2.58% | 0.46% | 2.12% |
| VZVerizon Communications, Inc. | 2.77% | 0.25% | 2.52% |
| MOAltria Group Inc. | 2.64% | 0.15% | 2.49% |
| PEPPepsi Co Inc | 2.47% | 0.26% | 2.21% |
| USBUS Bancorp | 2.59% | 0.13% | 2.46% |
| HDHome Depot, Inc. | 2.28% | 0.44% | 1.84% |
| MCDKkdonald'S Corp. | 2.35% | 0.25% | 2.10% |
96.6% of LVHD is already inside VTI.
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 VTI?
LVHD has an expense ratio of 0.27% while VTI charges 0.03%. VTI is the cheaper option, by $24 a year on a $10,000 investment.
Which performed better, LVHD or VTI?
Over the past year LVHD returned +7.95% vs +16.63% for VTI, so VTI leads on 1-year performance. Over the longest common window we track (11 years), LVHD annualized +6.99% vs +13.29% for VTI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, LVHD or VTI?
VTI has been the more volatile fund at 15.5% annualized versus 13.6% for LVHD. Worst drawdown: LVHD -37.3% vs VTI -35.0%.
Should I hold both LVHD and VTI?
LVHD and VTI have a monthly-return correlation of 0.75, 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 VTI?
96.6% of LVHD's money is in holdings VTI also owns. 7.0% of VTI's is in holdings LVHD also owns. They hold 112 positions in common, counted across the 115 positions we hold weights for in LVHD and 3,441 in VTI.
Which pays a higher dividend, LVHD or VTI?
LVHD yields 3.60% while VTI yields 1.06%, so LVHD currently pays the higher dividend yield.
Is VTI better than LVHD?
VTI has a lower expense ratio. VTI led over 1Y, 3Y, 5Y and the full window. LVHD is less concentrated, with 26.5% of the fund in its ten largest positions against 33.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.