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Sunday, August 23, 2026The Morning Brief →Sign in
LVHDFRANKLIN US LOW VOLATILITY HIGH DIVIDEND INDEX ETF

FRANKLIN US LOW VOLATILITY HIGH DIVIDEND INDEX ETF

$44.38-0.38% today
394652-WK
Price & daily flows
44.542.740.844.38DAILY NET FLOWAug 21Dec 18Apr 21Aug 21

SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 3Y SHOWN

The desk’s read

Flows are quiet — the past month netted out near zero, while the price has returned +11.1% so far this year.

COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH

$605Massets under management
expense ratio
net flow, trailing month
44Kavg daily volume, 30 days
0holdings · US-domiciled
2023listed November 27, 2023 · beta 0.05
Sector weights
Consumer Discretionary33.21%
Consumer Defensive25.1%
Utilities24.21%
Consumer Non-Durables22.98%
Finance21.69%
Real Estate11.99%
Consumer Cyclical8.02%
Health Technology7.17%
Financial Services7.15%
Financials7.11%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Country weights
United States100%
Ireland2.46%
Switzerland1.09%
Other1.07%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Performance
1 week-0.0%
1 month-2.2%
3 months+2.6%
6 months+1.1%
YTD+11.1%
1 year+6.8%
3 years

PRICE RETURN, DISTRIBUTIONS NOT REINVESTED

Net flows
1 week
1 month
3 months
YTD
1 year

CREATION/REDEMPTION DOLLARS, DAILY RECORDS

The risk read
10%realized volatility, 30 days (annualized)
11%realized volatility, 1 year
-6.2%deepest fall from a peak, 1 year
-3.2%where it sits vs. that peak today

VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK

Options tape
calls today
puts today
put/call ratio
38Kshares traded
The case against LVHD

Due diligence cuts both ways. These funds sit on the same shelf and beat LVHD on at least one dimension that matters — the fee, the asset base, or where the money is going.

FundFeeAssetsFlow, 1MThe case
ESMV iShares ESG MSCI USA Min Vol Factor ETF0.18%$7904.06T−$41K13069138× the assetsHead-to-head
JEPQ JPMorgan Nasdaq Equity Premium Income ETF0.35%$41.9B+$1.1B69× the assets · +$1.1B in over the monthHead-to-head
HYG iShares iBoxx $ High Yield Corporate Bond ETF0.49%$17.9B+$1.4B30× the assets · +$1.4B in over the monthHead-to-head
HDV iShares Core High Dividend ETF0.08%$15.1B+$209M25× the assets · +$209M in over the monthHead-to-head
IDV iShares International Select Dividend ETF0.51%$8.6B+$97M14× the assets · +$97M in over the monthHead-to-head
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InstrumentsHarvest substitutesTrade cost at $1MClient tearsheetStress this fund
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