LVHD vs PAYR
Franklin U.S. Low Volatility High Dividend Index ETF against Federated Hermes Enhanced Income ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
29%
21 shared positions
Fee gap
13 bp
LVHD is cheaper
1-year return gap
4.1 pts
PAYR is ahead
Larger fund
LVHD
$597M
Side by side
| LVHD | PAYR | |
|---|---|---|
| Fund | Franklin U.S. Low Volatility High Dividend Index ETF | Federated Hermes Enhanced Income ETF |
| Issuer | Franklin Templeton | Federated Hermes |
| Category | High Dividend | Covered Call |
| Expense ratio | 0.27% | 0.40% |
| Assets | $597M | $57M |
| Average daily dollar volume | $2.8M | $930K |
| Listed | Dec 28, 2015 | Oct 7, 2025 |
| FrenzyCap score | 66 | 54 |
| 1-month return | −3.0% | −3.7% |
| 3-month return | −6.0% | −3.2% |
| Year to date | +5.5% | +4.6% |
| 1-year return | +2.2% | +6.3% |
| 30-day volatility | 8.8% | 8.9% |
| Worst drawdown, 1 year | −9.8% | −8.8% |
| Trailing 12-month yield | 3.54% | 8.22% |
| Holdings | 115 | 52 |
| Top 10 weight | 24.8% | 33.2% |
| Look-through P/E | 19.8 | 19.0 |
| Holdings vs fair value | +8.5% | +5.9% |
| Holdings above 200-day average | 32% | 32% |
| Net flow, latest 3 reported months | −$21M thru Jun 2026 | +$19M thru Jul 2026 |
| 30-day implied volatility | 32.7% | — |
| Holdings as of | as of Jun 30, 2026SEC filing | as of Jul 31, 2026SEC filing |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
35% of LVHD · 45% of PAYR
Sector mix of the stock holdings
| Sector | LVHD | PAYR | Gap |
|---|---|---|---|
| Utilities | 28.3% | 16.4% | +12.0% |
| Consumer Staples | 18.8% | 12.2% | +6.5% |
| Real Estate | 14.8% | 10.2% | +4.6% |
| Financials | 8.3% | 12.3% | −4.0% |
| Health Care | 2.7% | 11.1% | −8.4% |
| Industrials | 6.6% | 4.1% | +2.5% |
| Consumer Discretionary | 6.6% | 2.4% | +4.2% |
| Energy | 3.1% | 5.4% | −2.2% |
| Materials | 3.9% | 1.8% | +2.0% |
| Communication Services | 2.2% | 3.4% | −1.3% |
| Technology | 1.6% | 1.8% | −0.2% |
More: full overlap table · LVHD holdings · PAYR holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.