LVHD vs SIZE: Grades, Fees and Holdings Compared

Franklin U.S. Low Volatility High Dividend Index ETF

LVHD—Nasdaq

iShares MSCI USA Size Factor ETF

SIZEANYSE Arca

Overlap

9.7%by weight

Expense ratio

SIZE −0.12pt a year

LVHD0.27%SIZE0.15%

Avg volume · 30D

LVHD 11.9×the volume

LVHD62.2KSIZE5.21K

10Y return · a year

SIZE +3.1pt

LVHD+9.1%SIZE+12.2%

LVHD vs SIZE Performance

Nov 2, 2021 – Nov 2, 2026

+44.5%LVHD+43.0%SIZE

Expense ratio: LVHD 0.27%; SIZE 0.15%, better
Fund size: LVHD $643M; SIZE $433M
1Y total return: LVHD +17.9%, better; SIZE +14.4%
Yield (12M): LVHD 3.25%, better; SIZE 1.36%
Holdings: LVHD 119; SIZE 518
Avg volume (30D): LVHD 62.2K sh, better; SIZE 5.21K sh
NAV per share: LVHD $45.25; SIZE $180.22
52W range

ETF.net Grade

—LVHDUnder classification review

Pillar letters and Scores for LVHD, SIZE, with each pillar’s weight
Pillar	LVHD	SIZE
Cost30% weight	Not scored	A81
Mission25% weight	Not scored	A93
Risk15% weight	Not scored	B66
Tradability15% weight	Not scored	F23
Holdings10% weight	Not scored	A88
Durability5% weight	Not scored	B57

Rank among US Factor Index funds

How we build Categories ›

US Factor Index⁠

Category · 30 funds

See all 30 ›

SIZE ranks 3rd of 30 funds in the US Factor Index Category.

Rank 1AMGVVanguard Morningstar Mega Cap Value ETFScore 78
Rank 2AUSCAXtrackers MSCI USA Climate Action Equity ETFScore 74
Rank 3ASIZEiShares MSCI USA Size Factor ETFScore 72
Rank 4ADXUVU.S. Vector Equity Portfolio ETF Class SharesScore 70
LVHDNot yet graded

Our read on each fund

ETF.net Research

LVHD—Franklin U.S. Low Volatility High Dividend Index ETF

SIZEAiShares MSCI USA Size Factor ETF

In short

LVHD No data

SIZE The size factor without leaving the large-cap pool: SIZE holds roughly 500 US stocks and leans toward the smaller names in that universe, spreading weight away from the mega-cap giants. An iShares factor original from 2013.

Stated mandate

LVHD No data

SIZE The fund seeks to track an index of U.S. stocks that have smaller market capitalizations relative to their peers.

Why people hold it

LVHD No data

SIZE Charges 0.15%, roughly half the typical fee among US factor ETFs.
Tracks the MSCI USA Low Size Index tightly, one of the closer index implementations in its peer group.
Roughly 500 holdings, so no single name dominates the way it does in a cap-weighted US index.
Running since 2013, one of the original iShares single-factor funds rather than a recent launch.ishares.com

Worth knowing

LVHD No data

SIZE Thinly traded next to headline index funds, so bid-ask spreads can run wider and bigger orders need more care.
This is a tilt, not a small-cap fund: the index draws from US large and mid caps and favors the smaller end of that pool.
A mid-sized fund by category standards, not one of the asset-gathering giants. Pays quarterly.

Full LVHD profile⁠

Full SIZE profile⁠

LVHD vs SIZE Holdings

How LVHD and SIZE differ

Overlap by weight

9.7%

Shared holdings make up 80.9% of LVHD and 9.7% of SIZE.

Level by level

Holdings51 in both9.7%
Sector11 Sectors53.5%
Countryby domicile97.7%
Asset classEquity100%

Sector

Sector weights in LVHD and SIZE, widest gap first
Sector	More in LVHDMore in SIZE	LVHD	SIZE
Utilities	LVHD +18.7 points	23.9%	5.2%
Consumer Staples	LVHD +15.3 points	21.0%	5.7%
Technology	SIZE +14.4 points	3.5%	17.9%
Industrials	SIZE +11.1 points	5.1%	16.2%
Real Estate	LVHD +10.3 points	14.8%	4.5%
Health Care	SIZE +7.5 points	5.3%	12.8%
Financials	SIZE +7.1 points	9.0%	16.1%
Materials	SIZE +4.8 points	0.0%	4.8%
Energy	LVHD +2.0 points	6.3%	4.3%
Consumer Discretionary	SIZE +1.4 points	7.5%	9.0%
Communication	LVHD +0.2 points	3.5%	3.3%

Country, concentration and asset class

Country by domicile

Country weights in LVHD and SIZE, widest gap first
Country	More in LVHDMore in SIZE	LVHD	SIZE
United States	LVHD +2.3 points	100.0%	97.7%
United Kingdom	SIZE +0.6 points	0.0%	0.6%
Switzerland	SIZE +0.6 points	0.0%	0.6%
Other countries (6)	SIZE +1.1 points	0.0%	1.1%

Concentration

Weight in the 10 largest Holdings

LVHD26.6%
SIZE3.7%

Securities held

LVHD117
SIZE515

Asset class

LVHD: Equity
SIZE: Equity

Holdings

Only in LVHD66
In both51
Only in SIZE464

Only in LVHD

66 securities, 19.1% of LVHD by weight

Medtronic PLC2.35%
Host Hotels & Resorts Inc1.09%
Stit-Treasury Ptf-Ins 7D0.86%
Vivmark Residential0.70%
Healthpeak Properties Inc0.63%
Pinnacle West Capital0.61%
Essential Utilities Inc0.53%
Omega Healthcare Investors0.51%
Cubesmart0.45%
Gaming and Leisure Propertie0.43%
Black Hills Corp0.41%
Oge Energy Corp0.41%
Equity Lifestyle Properties0.40%
Caretrust Reit Inc0.40%
Agree Realty Corp0.39%
American Financial Group Inc0.38%
Federal Realty Invs Trust0.38%
Msc Industrial Direct Co-A0.36%
Park Hotels & Resorts Inc0.36%
Brixmor Property Group Inc0.34%
Eastgroup Properties Inc0.34%
Nnn Reit Inc0.32%
Bank Ozk0.31%
Essential Properties Realty0.28%
Portland General Electric Co0.27%
Western Union Co0.26%
Penske Automotive Group Inc0.25%
Ugi Corp0.24%
Epr Properties0.24%
Apple Hospitality Reit Inc0.23%
Broadstone Net Lease Inc0.21%
Stag Industrial Inc0.21%
Northwestern Energy Group In0.19%
Fulton Financial Corp0.18%
One Gas Inc0.18%
Sabra Health Care Reit Inc0.18%
First Interstate Bancsys-A0.17%
United Bankshares Inc0.17%
Spire Inc0.16%
Highwoods Properties Inc0.16%
Phillips Edison & Company In0.15%
Lxp Industrial Trust0.15%
Copt Defense Properties0.14%
Net Current Assets0.14%
Reynolds Consumer Products I0.13%
Bank of Hawaii Corp0.13%
Tanger Inc0.13%
New Jersey Resources Corp0.12%
Cna Financial Corp0.12%
First Hawaiian Inc0.12%

Only in SIZE

464 securities, 90.1% of SIZE by weight

Okta Class A0.47%
Atlassian Corp Class A0.42%
Natera0.40%
Sharkninja0.39%
Veeva Systems Class A0.36%
Vivmark Residential0.36%
Snowflake0.33%
Dell Technologies Inc Class C0.32%
Illumina Inc0.32%
Everpure Inc Class A0.32%
Best Buy0.32%
Netapp Inc0.31%
Hewlett Packard Enterprise0.31%
Marathon Petroleum0.31%
Mettler Toledo0.30%
Agilent Technologies Inc0.30%
Iqvia Holdings Inc0.29%
Cdw0.29%
Workday Class A0.29%
Crowdstrike Holdings Class A0.29%
Dollar Tree Inc0.28%
Phillips 660.28%
Williams Sonoma Inc0.28%
Valero Energy Corp0.28%
Thermo Fisher Scientific0.27%
Global Payments Inc0.27%
Labcorp Holdings0.27%
Estee Lauder Inc Class A0.27%
Regeneron Pharmaceuticals0.27%
Jacobs Solutions Inc0.27%
Roper Technologies0.27%
Toast Class A0.27%
Palo Alto Networks0.27%
Hp Inc0.26%
Samsara Class A0.26%
Accenture PLC Class A0.26%
Waters Corp0.26%
Ptc0.26%
West Pharmaceutical Services0.26%
Zscaler0.26%
Genuine Parts0.26%
Corebridge Financial Inc0.25%
Ulta Beauty Inc0.25%
Quest Diagnostics Inc0.25%
Expedia Group0.25%
Biogen0.25%
Arthur J Gallagher0.25%
Becton Dickinson0.25%
Humana0.25%
Amcor PLC0.25%

Weight gaps

All 51 Holdings in both funds, largest gap first.

Holding weights in LVHD and SIZE, widest gap first
Holding	More in LVHDMore in SIZE	LVHD	SIZE
Coca-Cola Co/TheKO	LVHD +2.70 points	2.90%	0.20%
Chevron CorpCVX	LVHD +2.70 points	2.90%	0.20%
Johnson & JohnsonJNJ	LVHD +2.64 points	2.84%	0.20%
Altria Group IncMO	LVHD +2.56 points	2.75%	0.19%
Procter & Gamble Co/ThePG	LVHD +2.45 points	2.65%	0.20%
Kimberly-Clark CorpKMB	LVHD +2.44 points	2.65%	0.21%
Lockheed Martin CorpLMT	LVHD +2.30 points	2.52%	0.22%
Us BancorpUSB	LVHD +2.30 points	2.50%	0.20%
Pepsico IncPEP	LVHD +2.27 points	2.43%	0.16%
Verizon Communications IncVZ	LVHD +2.27 points	2.43%	0.16%
Home Depot IncHD	LVHD +2.25 points	2.44%	0.19%
Mcdonald's CorpMCD	LVHD +2.24 points	2.40%	0.16%
Duke Energy CorpDUK	LVHD +2.14 points	2.32%	0.18%
Southern Co/TheSO	LVHD +1.95 points	2.13%	0.18%
Mondelez International Inc-AMDLZ	LVHD +1.89 points	2.08%	0.19%
Pnc Financial Services GroupPNC	LVHD +1.86 points	2.05%	0.19%
Keurig Dr Pepper IncKDP	LVHD +1.82 points	2.05%	0.23%
Automatic Data ProcessingADP	LVHD +1.79 points	2.03%	0.24%
Exelon CorpEXC	LVHD +1.78 points	1.97%	0.19%
Colgate-Palmolive CoCL	LVHD +1.68 points	1.87%	0.19%
Kinder Morgan IncKMI	LVHD +1.60 points	1.78%	0.18%
Oneok IncOKE	LVHD +1.59 points	1.78%	0.19%
Illinois Tool WorksITW	LVHD +1.51 points	1.71%	0.20%
American Electric PowerAEP	LVHD +1.47 points	1.65%	0.18%
Realty Income CorpO	LVHD +1.41 points	1.58%	0.17%
Xcel Energy IncXEL	LVHD +1.40 points	1.58%	0.18%
Sysco CorpSYY	LVHD +1.36 points	1.57%	0.21%
Entergy CorpETR	LVHD +1.35 points	1.53%	0.18%
Paychex IncPAYX	LVHD +1.29 points	1.51%	0.22%
Darden Restaurants IncDRI	LVHD +1.27 points	1.49%	0.22%
Dominion Energy IncD	LVHD +1.26 points	1.44%	0.18%
T Rowe Price Group IncTROW	LVHD +0.93 points	1.12%	0.19%
Wec Energy Group IncWEC	LVHD +0.91 points	1.10%	0.19%
Consolidated Edison IncED	LVHD +0.84 points	1.04%	0.20%
Packaging Corp of AmericaPKG	LVHD +0.81 points	1.05%	0.24%
Firstenergy CorpFE	LVHD +0.80 points	1.00%	0.20%
Ameren CorporationAEE	LVHD +0.76 points	0.95%	0.19%
Nisource IncNI	LVHD +0.75 points	0.93%	0.18%
Vici Properties IncVICI	LVHD +0.74 points	0.90%	0.16%
Public Service Enterprise GpPEG	LVHD +0.74 points	0.92%	0.18%
Evergy IncEVRG	LVHD +0.68 points	0.88%	0.20%
Dte Energy CompanyDTE	LVHD +0.63 points	0.81%	0.18%
Snap-On IncSNA	LVHD +0.49 points	0.68%	0.19%
Alliant Energy CorpLNT	LVHD +0.48 points	0.67%	0.19%
AT&T IncT	LVHD +0.43 points	0.58%	0.15%
Mid-America Apartment CommMAA	LVHD +0.42 points	0.60%	0.18%
Essex Property Trust IncESS	LVHD +0.36 points	0.55%	0.19%
Kimco Realty CorpKIM	LVHD +0.36 points	0.56%	0.20%
Regency Centers CorpREG	LVHD +0.33 points	0.52%	0.19%
Fidelity National FinancialFNF	LVHD +0.14 points	0.30%	0.16%
Public StoragePSA	SIZE +0.03 points	0.17%	0.20%

All 115 LVHD holdings⁠All 515 SIZE holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

LVHD vs SIZE Cost

Overpaying LVHD vs SIZE

$2,420

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

LVHD 0.27%
$5,557
SIZE 0.15%
$3,137

Amount$10,000

Years30 years

Cost over time

LVHD 0.27%
SIZE 0.15%
Overpaying

Year by year

Year	LVHD	SIZE	Overpaying
10	$491	$274	$217
20	$1,907	$1,071	$836
30	$5,557	$3,137	$2,420

Expense ratio

0.27%LVHD
0.15%SIZE, cheaper

SIZE0.15%LVHD0.27%

0.05%0.63%

Middle half of US Factor Index funds
Median 0.30%

SIZE 5th cheapest of 30 funds

LVHD 13th cheapest of 30 funds

LVHD vs SIZE Dividends

Last 12 months to Nov 2, 2026

Yield (12M): LVHD 3.25%, better; SIZE 1.36%
Payout (12M): LVHD $1.49; SIZE $2.47
Last payment: LVHD $0.38; SIZE $0.65
Ex-dividend: LVHD Aug 6, 2026; SIZE Sep 15, 2026
Paid on: LVHD Aug 11, 2026; SIZE Sep 18, 2026
Frequency: LVHD Quarterly; SIZE Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

LVHDQuarterly · 46 paymentsAll LVHD payments⁠

SIZEQuarterly · 41 paymentsAll SIZE payments⁠

LVHD vs SIZE Risk

Fall from peak · 5 years

LVHD
SIZE

Risk facts

VolatilityStd dev, 3 years: LVHD 13.0%SIZE 13.0%
Return per unit of riskSharpe ratio, 3 years: LVHD 0.80SIZE 1.06, better
Worst fallMax drawdown, 5 years: LVHD −16.7%, betterSIZE −24.0%
Market sensitivityBeta, 5 years: LVHD 0.46SIZE 0.97; Market = 1

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