LVHD: 4% Yielding Low-Volatility ETF Keeps Lagging The Market - Seeking Alpha

This article continues my coverage of the Franklin U.S. Low Volatility High Dividend Index ETF (NASDAQ:LVHD), which I previously recommended readers avoid due to its mixed track record in market downturns, poor estimated earnings growth, and negative sentiment on Wall Street. LVHD has lagged behind the SPDR S&P 500 ETF (SPY) by approximately 10% since October 2023, so today's update considers the possibility that LVHD's prospects have improved. Below is a performance summary and fundamental comparisons with other low-volatility ETFs like SPHD, SPLV, and USMV. While the picture looks a little nicer today than six months ago, combining the dividend and volatility factors is not a winning long-term strategy, so I'm reiterating my cautious recommendation.

seekingalpha.com     Apr 05, 2024