LVHI vs VYMI: Grades, Fees and Holdings Compared

Franklin International Low Volatility High Dividend Index ETF

LVHIACboe

Vanguard International High Dividend Yield ETF

VYMIANasdaq

Overlap

32.5%by weight

Expense ratio

VYMI −0.33pt a year

LVHI0.40%VYMI0.07%

Avg volume · 30D

LVHI 1.1×the volume

LVHI954KVYMI849K

10Y return · a year

LVHI +1.2pt

LVHI+11.8%VYMI+10.6%

LVHI vs VYMI Performance

Oct 29, 2021 – Oct 30, 2026

+122.7%LVHI+86.9%VYMI

Expense ratio: LVHI 0.40%; VYMI 0.07%, better
Fund size: LVHI $6.41B; VYMI $22.3B
1Y total return: LVHI +28.0%, better; VYMI +23.7%
Yield (12M): LVHI 4.54%, better; VYMI 3.67%
Holdings: LVHI 206; VYMI 1532
Avg volume (30D): LVHI 954K sh, better; VYMI 849K sh
NAV per share: LVHI $43.15; VYMI $101.09
52W range

ETF.net Grade

Pillar letters and Scores for LVHI, VYMI, with each pillar’s weight
Pillar	LVHI	VYMI
Cost30% weight	A74	A97Higher
Mission25% weight	Not scored	A100
Risk15% weight	A89Higher	B59
Tradability15% weight	A74Higher	B61
Holdings10% weight	B60	A81Higher
Durability5% weight	B69	A89Higher

Rank among International Dividend Index funds

How we build Categories ›

Same Category. LVHI and VYMI are both graded against the same 34 International Dividend Index funds, so their Grades compare head to head.

International Dividend Index⁠

Category · 34 funds

See all 34 ›

VYMI ranks 1st and LVHI 7th of 34 funds in the International Dividend Index Category.

Rank 1AVYMIVanguard International High Dividend Yield ETFScore 84
Rank 2ADIVIFranklin International Core Dividend Tilt Index ETFScore 78
Rank 6AFIDIFidelity International High Dividend ETFScore 75
Rank 7ALVHIFranklin International Low Volatility High Dividend Index ETFScore 74
Rank 7AVIGIVanguard International Dividend Appreciation ETFScore 74

Our read on each fund

ETF.net Research

LVHIAFranklin International Low Volatility High Dividend Index ETF

VYMIAVanguard International High Dividend Yield ETF

In short

LVHI Most international dividend funds hand you a currency bet you never asked for. LVHI tracks an index that hedges it away, then screens developed-market payers for high dividends, low volatility and real profits.

VYMI Most international dividend funds hold a hundred-odd developed-market names. VYMI casts a far wider net: roughly 1,600 high-yielders across developed and emerging markets outside the US, at seven basis points.

Stated mandate

LVHI The fund tracks the Franklin International Low Volatility High Dividend Hedged Index, which targets profitable developed-market companies outside the United States with relatively high dividend yields and lower price and earnings volatility.

VYMI VYMI seeks to track the FTSE All-World ex US High Dividend Yield Index through passive sampling, targeting international stocks forecast to have above-average dividend yields.

Why people hold it

LVHI The word 'Hedged' sits right in the benchmark's name: the index neutralizes foreign-currency moves, so what reaches you is the dividend story rather than the FX story.
Three filters, not one. The index targets profitable non-US developed companies with high yields and lower price and earnings volatility, so yield alone doesn't buy a spot.
At 0.40% a year it comes in under the 0.50% median for international dividend-screen funds, which is unusual for a strategy carrying a built-in currency hedge.
A multi-billion-dollar fund that trades actively and pays quarterly, and it has been running since 2016, so there's a real track record to inspect.

VYMI 0.07% a year, a fraction of the typical international dividend fund's fee and a shade under screened rivals like SCHY (0.08%) and IGRO (0.15%).
Roughly 1,600 stocks across developed and emerging markets ex-US, so no single name, sector or country carries the income load.vanguard.com
Samples the FTSE All-World ex US High Dividend Yield Index and has stayed unusually close to it, among the tightest trackers in its peer group.
Live since 2016, now a multi-billion-dollar fund that trades actively, and it pays out quarterly.

Worth knowing

LVHI The hedge works in both directions: it damps the hit when the dollar rises and equally gives up the tailwind when the dollar falls.
You pay for the machinery. Plain unhedged index peers such as VYMI (0.07%) and SCHY (0.08%) charge a fraction of LVHI's 0.40%.
Developed markets outside the US only, roughly 190 stocks. No emerging-market dividend payers, and no US names to lean on.

VYMI No currency hedge. Dividends and prices arrive in foreign currencies, and exchange-rate swings show up in dollar results either way.vanguard.com
The emerging-market sleeve adds political, liquidity and currency risk that developed-only dividend funds sidestep.vanguard.com
Screening on forecast yield tilts toward value and cyclical names, a different ride than dividend-growth peers like VIGI and IGRO.

Full LVHI profile⁠

Full VYMI profile⁠

LVHI vs VYMI Holdings

How LVHI and VYMI differ

Overlap by weight

32.5%

Shared holdings make up 90.6% of LVHI and 32.6% of VYMI.

Level by level

Holdings163 in both32.5%
Countryby domicile70.2%
Sector11 Sectors73.9%
Asset classEquity100%

Sector

Sector weights in LVHI and VYMI, widest gap first
Sector	More in LVHIMore in VYMI	LVHI	VYMI
Financials	VYMI +19.5 points	24.9%	44.4%
Industrials	LVHI +7.3 points	13.6%	6.3%
Energy	LVHI +6.5 points	15.5%	9.0%
Technology	VYMI +5.5 points	0.0%	5.5%
Utilities	LVHI +4.3 points	9.4%	5.0%
Consumer Staples	LVHI +3.4 points	9.8%	6.4%
Communication	LVHI +2.9 points	6.6%	3.7%
Real Estate	LVHI +1.3 points	2.4%	1.1%
Consumer Discretionary	VYMI +0.9 points	4.9%	5.8%
Materials	VYMI +0.3 points	6.1%	6.4%
Health Care	LVHI +0.2 points	6.6%	6.3%

Country, concentration and asset class

Country by domicile

Country weights in LVHI and VYMI, widest gap first
Country	More in LVHIMore in VYMI	LVHI	VYMI
Canada	LVHI +7.5 points	16.3%	8.8%
Taiwan	VYMI +6.0 points	0.0%	6.0%
China	VYMI +5.4 points	0.4%	5.8%
Saudi Arabia	VYMI +4.6 points	0.0%	4.6%
United Kingdom	LVHI +4.3 points	15.3%	11.0%
France	LVHI +3.8 points	8.9%	5.0%
Italy	LVHI +3.4 points	6.7%	3.3%
Singapore	LVHI +3.3 points	5.1%	1.8%
Other countries (30)	VYMI +6.2 points	47.4%	53.6%

Outside the US: LVHI 100% developed, 0% emerging. VYMI 74% developed, 26% emerging.

Concentration

Weight in the 10 largest Holdings

LVHI117.5%
VYMI13.8%

Securities held

LVHI200
VYMI1,496

Asset class

LVHI: Equity
VYMI: Equity

Holdings

Only in LVHI37
In both163
Only in VYMI1,333

Only in LVHI

37 securities, 9.9% of LVHI by weight

Mitsubishi Corp1.78%
Mitsui & Co Ltd1.21%
Marubeni Corp0.84%
Stit-Treasury Ptf-Ins 7D0.49%
Rogers Communications Inc-B0.47%
Nordea Bank Abp0.45%
Millicom Intl Cellular S.a.0.38%
Capitaland Integrated Commer0.34%
Bt Group PLC0.32%
West Japan Railway Co0.30%
Net Current Assets0.30%
Edp SA0.29%
Obayashi Corp0.23%
Canadian Tire Corp-Class A0.23%
Capitaland Ascendas Reit0.21%
Meiji Holdings Co Ltd0.19%
Nippon Building Fund Inc0.16%
Tokyo Metro Co Ltd0.14%
Peyto Exploration & Dev Corp0.14%
Klepierre0.13%
B&M European Value Retail0.12%
Riocan Real Estate Invst Tr0.11%
Comsys Holdings Corp0.10%
Freenet AG0.10%
Invincible Investment Corp0.08%
Gaztransport Et Techniga SA0.08%
Japan Real Estate Investment0.08%
Mapletree Logistics Trust0.08%
Suntory Beverage & Food Ltd0.08%
Japan Metropolitan Fund Inve0.08%
Itv PLC0.06%
Londonmetric Property PLC0.06%
Svenska Cellulosa Ab Sca-B0.06%
Signify NV0.06%
Mapletree Industrial Trust0.06%
Keppel Dc Reit0.06%
Ubs Margin USD0.02%

Only in VYMI

1,333 securities, 66.9% of VYMI by weight

HSBC Holdings PLC1.81%
Royal Bank of Canada1.47%
Mitsubishi UFJ Financial Group Inc1.35%
MediaTek Inc1.21%
Banco Santander SA1.07%
Toronto-Dominion Bank/The1.04%
Toyota Motor Corp1.03%
Commonwealth Bank of Australia0.93%
Sumitomo Mitsui Financial Group Inc0.85%
Banco Bilbao Vizcaya Argentaria SA0.84%
UBS Group AG0.79%
UniCredit SpA0.71%
Mizuho Financial Group Inc0.70%
SLBBH11420.68%
Novo Nordisk A/S0.65%
Bank of Montreal0.63%
Bp PLC0.61%
British American Tobacco PLC0.59%
China Construction Bank Corp0.59%
Enbridge Inc0.55%
ING Groep NV0.55%
Deutsche Telekom AG0.54%
Hon Hai Precision Industry Co Ltd0.51%
Tokio Marine Holdings Inc0.50%
Lloyds Banking Group PLC0.44%
Barclays PLC0.44%
Industrial & Commercial Bank of China Ltd0.42%
Glencore PLC0.40%
NatWest Group PLC0.39%
Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen0.38%
Manulife Financial Corp0.38%
ASE Technology Holding Co Ltd0.36%
Nordea Bank Abp0.34%
Deutsche Bank AG0.33%
CSL Ltd0.33%
Wesfarmers Ltd0.32%
Macquarie Group Ltd0.32%
Takeda Pharmaceutical Co Ltd0.31%
Hong Kong Exchanges & Clearing Ltd0.31%
United Microelectronics Corp0.30%
National Bank of Canada0.29%
CaixaBank SA0.28%
Societe Generale SA0.28%
Bank of China Ltd0.28%
KDDI Corp0.28%
Basf SE0.27%
Eni SpA0.27%
Al Rajhi Bank0.27%
Vale SA0.26%
Japan Tobacco Inc0.26%

Weight gaps

The 100 widest of 163 Holdings in both funds.

Holding weights in LVHI and VYMI, widest gap first
Holding	More in LVHIMore in VYMI	LVHI	VYMI
Suncor Energy Inc	LVHI +2.25 points	2.68%	0.43%
Canadian Natural Resources	LVHI +2.20 points	2.71%	0.51%
Bank of Nova Scotia	LVHI +1.75 points	2.35%	0.60%
Unilever PLCULVR.L	LVHI +1.53 points	2.21%	0.68%
Can Imperial Bk of Commerce	LVHI +1.48 points	2.02%	0.54%
Shell PLCSHEL.L	LVHI +1.44 points	2.92%	1.48%
Ntt Inc	LVHI +1.44 points	1.60%	0.16%
Rio Tinto PLCRIO.L	LVHI +1.31 points	1.83%	0.52%
Intesa Sanpaolo	LVHI +1.28 points	1.89%	0.61%
Banca Monte Dei Paschi Siena	LVHI +1.21 points	1.35%	0.14%
Gsk PLCGSK.L	LVHI +1.06 points	1.57%	0.51%
Tc Energy Corp	LVHI +0.98 points	1.30%	0.32%
Totalenergies SE	LVHI +0.98 points	1.90%	0.92%
Bhp Group Ltd	LVHI +0.97 points	2.12%	1.15%
Dbs Group Holdings Ltd	LVHI +0.92 points	1.58%	0.66%
Enel Spa	LVHI +0.92 points	1.32%	0.40%
Sse PLCSSE.L	LVHI +0.80 points	1.01%	0.21%
Allianz Se-Reg	LVHI +0.76 points	1.72%	0.96%
Inpex Corp	LVHI +0.75 points	0.86%	0.11%
Imperial Brands PLCIMB.L	LVHI +0.75 points	0.88%	0.13%
Pembina Pipeline Corp	LVHI +0.72 points	0.86%	0.14%
Telstra Group Ltd	LVHI +0.72 points	0.79%	0.07%
Novartis Ag-Reg	LVHI +0.70 points	2.12%	1.42%
Reckitt Benckiser GroupRKT.L	LVHI +0.69 points	0.92%	0.23%
Tesco PLCTSCO.L	LVHI +0.67 points	0.88%	0.20%
Sanofi	LVHI +0.67 points	1.14%	0.47%
Equinor Asa	LVHI +0.65 points	0.78%	0.13%
Bce Inc	LVHI +0.65 points	0.68%	0.03%
Diageo PLCDGE.L	LVHI +0.63 points	0.89%	0.26%
Fortis Inc	LVHI +0.64 points	0.78%	0.14%
Power Corp of Canada	LVHI +0.60 points	0.78%	0.18%
Sumitomo Corp	LVHI +0.60 points	0.84%	0.24%
Whitecap Resources Inc	LVHI +0.56 points	0.64%	0.08%
Bnp Paribas	LVHI +0.54 points	1.10%	0.56%
Axa SA	LVHI +0.54 points	0.96%	0.42%
National Grid PLCNG.L	LVHI +0.53 points	0.94%	0.41%
Bridgestone Corp	LVHI +0.50 points	0.64%	0.14%
Engie	LVHI +0.48 points	0.61%	0.13%
Zurich Insurance Group AG	LVHI +0.48 points	1.01%	0.53%
Softbank Corp	LVHI +0.45 points	0.68%	0.23%
United Overseas Bank Ltd	LVHI +0.43 points	0.65%	0.21%
Oversea-Chinese Banking Corp	LVHI +0.43 points	0.86%	0.43%
Woodside Energy Group Ltd	LVHI +0.43 points	0.65%	0.22%
Mercedes-Benz Group AG	LVHI +0.42 points	0.60%	0.18%
Anz Group Holdings Ltd	LVHI +0.41 points	0.84%	0.43%
Nestle Sa-Reg	LVHI +0.41 points	1.66%	1.25%
Generali	LVHI +0.40 points	0.65%	0.25%
Emera Inc	LVHI +0.38 points	0.46%	0.08%
Komatsu Ltd	LVHI +0.38 points	0.61%	0.23%
Repsol SA	LVHI +0.37 points	0.57%	0.20%
Volkswagen Ag-Pref	LVHI +0.37 points	0.44%	0.07%
Fortescue Ltd	LVHI +0.36 points	0.46%	0.10%
Dhl AG	LVHI +0.36 points	0.68%	0.32%
E.on SE	LVHI +0.34 points	0.57%	0.23%
Abn Amro Bank Nv-Cva	LVHI +0.32 points	0.47%	0.15%
Iberdrola SA	LVHI +0.31 points	1.15%	0.84%
Santos Ltd	LVHI +0.31 points	0.41%	0.10%
Svenska Handelsbanken-A Shs	LVHI +0.31 points	0.41%	0.10%
Credit Agricole SA	LVHI +0.29 points	0.39%	0.10%
Roche Holding AG	LVHI +0.29 points	1.85%	1.56%
Bayerische Motoren Werke AG	LVHI +0.28 points	0.39%	0.11%
Sekisui House Ltd	LVHI +0.27 points	0.34%	0.07%
Singapore Telecommunications	LVHI +0.27 points	0.40%	0.13%
Daiwa House Industry Co Ltd	LVHI +0.26 points	0.35%	0.09%
Veolia Environnement	LVHI +0.26 points	0.38%	0.12%
Jfe Holdings Inc	LVHI +0.25 points	0.29%	0.04%
Swedbank Ab - A Shares	LVHI +0.25 points	0.43%	0.18%
Westpac Banking Corp	LVHI +0.26 points	0.70%	0.44%
Kirin Holdings Co Ltd	LVHI +0.25 points	0.33%	0.08%
Sojitz Corp	LVHI +0.24 points	0.28%	0.04%
Publicis Groupe	LVHI +0.24 points	0.37%	0.13%
Volvo Ab-B Shs	LVHI +0.24 points	0.51%	0.27%
National Australia Bank Ltd	LVHI +0.24 points	0.69%	0.45%
Poste Italiane Spa	LVHI +0.23 points	0.33%	0.10%
Kuehne & Nagel Intl Ag-Reg	LVHI +0.23 points	0.29%	0.06%
Koninklijke Kpn NV	LVHI +0.23 points	0.32%	0.09%
Boc Hong Kong Holdings Ltd	LVHI +0.22 points	0.35%	0.13%
Michelin (Cgde)	LVHI +0.22 points	0.35%	0.13%
Koninklijke Ahold Delhaize N	LVHI +0.22 points	0.39%	0.17%
Swisscom Ag-Reg	LVHI +0.22 points	0.32%	0.10%
Tenaris SA	LVHI +0.21 points	0.26%	0.05%
Pernod Ricard SA	LVHI +0.21 points	0.28%	0.07%
Yangzijiang Shipbuilding	LVHI +0.21 points	0.26%	0.05%
Asahi Kasei Corp	LVHI +0.21 points	0.28%	0.07%
Japan Airlines Co Ltd	LVHI +0.21 points	0.22%	0.01%
Singapore Airlines Ltd	LVHI +0.20 points	0.24%	0.04%
Vinci SA	LVHI +0.20 points	0.51%	0.31%
Swiss Life Holding Ag-Reg	LVHI +0.19 points	0.35%	0.16%
Sun Hung Kai Properties	LVHI +0.19 points	0.28%	0.09%
Snam Spa	LVHI +0.18 points	0.25%	0.07%
Evolution Ab	LVHI +0.18 points	0.22%	0.04%
Daimler Truck Holding AG	LVHI +0.17 points	0.30%	0.13%
Hennes & Mauritz Ab-B Shs	LVHI +0.17 points	0.21%	0.04%
Naturgy Energy Group SA	LVHI +0.17 points	0.25%	0.08%
Sainsbury (J) PLCSBRY.L	LVHI +0.17 points	0.21%	0.04%
Kobe Steel Ltd	LVHI +0.15 points	0.18%	0.03%
Chubu Electric Power Co Inc	LVHI +0.15 points	0.22%	0.07%
Ck Hutchison Holdings Ltd	LVHI +0.15 points	0.27%	0.12%
Nn Group NV	LVHI +0.15 points	0.27%	0.12%
Terna-Rete Elettrica Naziona	LVHI +0.14 points	0.22%	0.08%

All 198 LVHI holdings⁠All 1,561 VYMI 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.

LVHI vs VYMI Cost

Overpaying LVHI vs VYMI

$6,610

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

LVHI 0.40%
$8,090
VYMI 0.07%
$1,480

Amount$10,000

Years30 years

Cost over time

LVHI 0.40%
VYMI 0.07%
Overpaying

Year by year

Year	LVHI	VYMI	Overpaying
10	$723	$128	$595
20	$2,793	$503	$2,290
30	$8,090	$1,480	$6,610

Expense ratio

0.40%LVHI
0.07%VYMI, cheaper

VYMI0.07%LVHI0.40%

0.07%0.60%

Middle half of International Dividend Index funds
Median 0.49%

VYMI cheapest of 34 funds

LVHI 10th cheapest of 34 funds

LVHI vs VYMI Dividends

Last 12 months to Oct 30, 2026

Yield (12M): LVHI 4.54%, better; VYMI 3.67%
Payout (12M): LVHI $1.96; VYMI $3.72
Last payment: LVHI $0.36; VYMI $0.82
Ex-dividend: LVHI Sep 3, 2026; VYMI Sep 18, 2026
Paid on: LVHI Sep 9, 2026; VYMI Sep 22, 2026
Frequency: LVHI Quarterly; VYMI Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

LVHIQuarterly · 40 paymentsAll LVHI payments⁠

VYMIQuarterly · 39 paymentsAll VYMI payments⁠

LVHI vs VYMI Risk

Fall from peak · 5 years

LVHI
VYMI

Risk facts

VolatilityStd dev, 3 years: LVHI 7.9%, betterVYMI 10.5%
Return per unit of riskSharpe ratio, 3 years: LVHI 2.23, betterVYMI 1.71
Worst fallMax drawdown, 5 years: LVHI −12.0%, betterVYMI −24.1%
Market sensitivityBeta, 5 years: LVHI 0.36VYMI 0.74; Market = 1

LVHI and VYMI in the news

All news⁠

Best ETFs
Schwab's dividend ETF returned 22.8% in a year. Its income rate still trails a one-month bill.
Updated Oct 2, 2026VYMI
ETF Filings
Franklin Templeton files two enhanced ETFs to absorb its international core funds
Sep 18, 2026LVHI

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LVHI vs VYMI

In short

Stated mandate

Why people hold it

Worth knowing

How LVHI and VYMI differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in LVHI

Only in VYMI

Weight gaps

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

Schwab's dividend ETF returned 22.8% in a year. Its income rate still trails a one-month bill.

Franklin Templeton files two enhanced ETFs to absorb its international core funds

How LVHI and VYMI differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in LVHI

Only in VYMI

Weight gaps