Franklin US Low Volatility High Dividend Index ETF

LVHD

Market cap $613M

Launched on December 28, 2015, the Franklin U.S. Low Volatility High Dividend Index ETF (LVHD) is a passively managed exchange traded fund designed to provide a broad exposure to the Large Cap Value segment of the US equity market.

All three of these ETFs are beating the market by a wide margin so far in 2026. They invest in stocks that perform well in market downturns.

Despite equity valuations in the growth sectors reaching stretched levels and market volatility on the rise, high-dividend stocks have been one of the best performers to start 2026. In turn, this is translating to greater appeal for high-dividend-yielding ETFs.

Designed to provide broad exposure to the Style Box - Large Cap Value category of the market, the Franklin U.S. Low Volatility High Dividend Index ETF (LVHD) is a smart beta exchange traded fund launched on 12/28/2015.

Launched on December 28, 2015, the Franklin U.S. Low Volatility High Dividend Index ETF (LVHD) is a passively managed exchange traded fund designed to provide a broad exposure to the Large Cap Value segment of the US equity market.

Franklin U.S. Low Volatility High Dividend Index ETF is managed passively, with the focus being low-beta names with high dividend yields. The combination of the low volatility and value factors resulted in LVHD delivering a 1.75x lower annualized return than IVV over January 2016–December 2025. LVHD also underperformed USMV and DHS, delivering not only a weaker CAGR but also lower Sharpe and Sortino ratios.

The Franklin U.S. Low Volatility High Dividend Index ETF (LVHD) made its debut on 12/28/2015, and is a smart beta exchange traded fund that provides broad exposure to the Style Box - Large Cap Value category of the market.

If you're interested in broad exposure to the Large Cap Value segment of the US equity market, look no further than the Franklin U.S. Low Volatility High Dividend Index ETF (LVHD), a passively managed exchange traded fund launched on December 28, 2015.

Franklin U.S. Low Volatility High Dividend Index ETF targets above-average yields with low volatility, focusing on utilities, consumer staples, and real estate. LVHD offers a 3.3% dividend yield, outpacing most peers, but its total returns and Sharpe ratio have lagged the broader market and top dividend ETFs. The fund's defensive sector tilt and low beta provide downside protection but limit upside in risk-on markets, resulting in underperformance versus benchmarks.

Designed to provide broad exposure to the Style Box - Large Cap Value category of the market, the Franklin U.S. Low Volatility High Dividend Index ETF (LVHD) is a smart beta exchange traded fund launched on 12/28/2015.