Franklin International Low Volatility High… (LVHI) Performance
LVHI total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +19.5% since Dec 31, 2025
- 1 year
- +26.8% total return
- 5 years
- +17.0% a year
- 10 years
- +11.5% a year
- Since first price
- +11.4% a year since 2016
LVHI trailing returns vs SPY, QQQ, AGG
| Period | LVHI total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +1.6% | +1.6% | −1.0% | −5.0% | +0.9% |
| 3 months | +2.3% | +1.4% | +3.2% | +1.9% | −0.4% |
| 6 months | +8.0% | +5.4% | +7.8% | +8.4% | −1.5% |
| YTD | +19.5% | +16.2% | +12.3% | +15.1% | −1.0% |
| 1 year | +26.8% | +20.6% | +14.4% | +15.9% | −1.1% |
| 3 years | +92.8%+24.5%/yr | +62.2% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +119.7%+17.0%/yr | +63.7% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +197.6%+11.5%/yr | +69.4% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| Since inceptionJul 28, 2016 | +200.7%+11.4%/yr | +70.4% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: LVHI vs SPY
From Jul 28, 2016: LVHI grew to $30,075, SPY to $41,260.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
LVHI returns by calendar year
7 of 9 full years positive. Best 2025 (+27.1%), worst 2020 (−8.8%). 2026 is year to date.
LVHI annual returns table
| Year | LVHI | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +19.5% | −6.1% | +12.3% | +15.1% | −1.0% |
| 2025 | +27.1% | −12.0% | +17.7% | +20.8% | +7.2% |
| 2024 | +15.9% | −6.4% | +24.9% | +25.6% | +1.3% |
| 2023 | +17.5% | −5.6% | +26.2% | +54.9% | +5.7% |
| 2022 | +3.8% | −11.3% | −18.2% | −32.6% | −13.0% |
| 2021 | +18.2% | −4.5% | +28.7% | +27.4% | −1.8% |
| 2020 | −8.8% | −32.3% | +18.3% | +48.6% | +7.5% |
| 2019 | +18.3% | −6.1% | +31.2% | +39.0% | +8.5% |
| 2018 | −5.2% | −9.7% | −4.6% | −0.1% | +0.1% |
| 2017 | +10.7% | −4.9% | +21.7% | +32.7% | +3.6% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
LVHI largest drawdowns
Now 0.2% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 20, 2020 | −32.3% | Mar 16, 2020 | Jun 8, 2021 | 25 days | 1.3 years |
| Mar 25, 2025 | −12.0% | Apr 8, 2025 | May 15, 2025 | 14 days | 51 days |
| Jun 7, 2022 | −11.3% | Oct 12, 2022 | Nov 30, 2022 | 4 months | 6 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
LVHI risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2016 |
|---|---|---|---|---|
| Annualized return | +22.1% | +17.0% | +11.2% | +11.2% |
| Volatility (annualized) | 8.0% | 9.4% | 11.1% | 11.0% |
| Sharpe ratio | 2.00 | 1.35 | 0.82 | 0.83 |
| Sortino ratio | 5.72 | 2.65 | 1.24 | 1.25 |
| Best month | +8.2% | +8.2% | +10.2% | +10.2% |
| Worst month | −2.1% | −5.3% | −16.5% | −16.5% |
| Best 12 months | +36.6% | +36.6% | +36.6% | +36.6% |
| Worst 12 months | +14.3% | −1.5% | −17.9% | −17.9% |
| Positive months | 72% | 68% | 67% | 67% |
| Beta vs S&P 500 | 0.18 | 0.33 | 0.48 | — |
| Correlation with S&P 500 | 0.28 | 0.55 | 0.66 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
LVHI rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 112 | −17.9% | +13.3% | +36.6% | 85% |
| 3-year (a year) | 88 | −3.1% | +10.1% | +23.7% | 91% |
| 5-year (a year) | 64 | +3.1% | +8.6% | +18.6% | 100% |
| 10-year (a year) | 4 | +11.2% | +11.6% | +11.6% | 100% |
Every holding period starting at a month-end since 2016. Returns for 3 years and longer are annualized.
LVHI performance overview
Franklin International Low Volatility High… (LVHI) returned +26.8% over the past year and +11.5% a year over ten years, with distributions reinvested. Since its first recorded price in 2016 it has returned +11.4% a year, turning $10,000 into about $30,075. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −32.3%, from Feb 20, 2020 to Mar 16, 2020, and it took 1.2 years to get back to the old high. LVHI finished 7 of its 9 full calendar years with a gain; the best year was 2025 (+27.1%) and the worst 2020 (−8.8%). Volatility has been 11.0% a year.
Related: LVHI chart, LVHI holdings, LVHI dividends. See the LVHI overview for the latest quote and fund facts.
LVHI performance FAQ
What is the LVHI return over the past year?
LVHI returned +26.8% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 20.6%.
What is the average annual return of LVHI?
LVHI has returned +17.0% a year over 5 years, +11.5% a year over 10 years, +11.4% a year since July 28, 2016 (total return, distributions reinvested).
How much would $10,000 invested in LVHI be worth?
$10,000 invested in LVHI at its first recorded close on July 28, 2016 would be worth about $30,075 on October 23, 2026 with distributions reinvested.
What was the worst year for LVHI?
The worst calendar year was 2020, with a total return of −8.8%. The best was 2025 at +27.1%.
What is the biggest drawdown of LVHI?
The largest peak-to-trough decline was −32.3% between February 20, 2020 and March 16, 2020. It recovered to the old high on June 8, 2021, 1.2 years after the bottom.
How volatile is LVHI?
Over the past 3 years LVHI had an annualized volatility of 8.0% and a Sharpe ratio of 2.00 (excess return over 1–3 month T-bills per unit of risk).