-
Invesco S&P 500 High Dividend Low Volatility ETF (SPHD $48.64)
-
FRANKLIN U.S. LOW VOLATILITY HIGH DIVIDEND INDEX ETF (FLVU)
Q: Is there an ETF with a similar overall P/E, dividend, and composition to FLVU but with lower MER ?
5i Research Answer:
There is the Invesco S&P 500 high dividend, low volatility ETF (SPHD). It has an AUM of $3.1B, an MER of 0.3%, and a yield of 3.9%. FLVU has a lower MER of 0.16%, but its AUM is much smaller at $15.0M, and its yield is 2.5%. Both have performed similarly since FVLU's inception, but due to its larger AUM, we would give SPHD the edge here.