LVHD Stock Summary and Trading Ideas (Franklin U.S. Low Volatility High Dividend Index ETF | NASDAQ:LVHD)

The ETF seeks to track the investment results of an index composed of equity securities of U.S. companies with relatively high yield and low price and earnings volatility. The QS Low Volatility High Dividend Index seeks to provide more stable income through investment in stocks of profitable U.S. companies with relatively high dividend yields and lower price and earnings volatility. The Index is based on a proprietary methodology created and sponsored by QS Investors, LLC. The Index is composed of stocks of U.S. companies across a wide range of market capitalizations, including the largest 3,000 U.S. stocks as determined by the Solactive US Broad Market Index. Stocks in the Index must have demonstrated profitability over the last four fiscal quarters as a whole. Stocks whose yields are not supported by earnings are excluded from the Index. The methodology calculates a composite stable yield score, with the yield of stocks with relatively high price and earnings volatility adjusted downward and the yield of stocks with relatively low price and earnings volatility adjusted upward. QS anticipates that the number of component securities in the Index will range from 50 to 100.

Franklin U.S. Low Volatility High Dividend Index ETF trades on the NASDAQ stock market under the symbol LVHD.

As of December 13, 2024, LVHD stock price declined to $39.73 with 38,774 million shares trading.

LVHD has a beta of 0.24, meaning it tends to be less sensitive to market movements. LVHD has a correlation of 0.07 to the broad based SPY ETF.

LVHD has a market cap of $554.23 million. This is considered a Small Cap stock.

In the last 3 years, LVHD traded as high as $41.47 and as low as $32.58.

LVHD has underperformed the market in the last year with a price return of +13.4% while the SPY ETF gained +29.9%. LVHD has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +0.2% and -3.7%, respectively, while the SPY returned +7.8% and +0.3%, respectively.

LVHD support price is $39.56 and resistance is $40.04 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that LVHD shares will trade within this expected range on the day.