VEA - LVHI: Well-Rounded Product But Looks Overextended For Now

2024-05-09 14:47:56 ET

Summary

• Franklin International Low Volatility High Dividend ETF provides exposure to 118 developed market stocks from 18 different countries.
• LVHI's screeners focus on multiple factors including yield, sustainability, low price and earnings volatility, and currency volatility mitigation.
• LVHI has outperformed the popular Vanguard FTSE Developed Markets ETF on a total return basis and offers a higher yield and cheaper valuation.
• It has also demonstrated a much better track record of risk-adjusted returns, and offers favorable geographic exposure.
• Despite our largely positive stance, we are reluctant to go long as the price action looks overextended.

Introduction

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