LVHI vs MXI: Holdings Overlap
LVHIFranklin International Low Volatility High Dividend Index ETF
Franklin Templeton · 192 holdings · $5.5B · as of 2026-03-31
MXIiShares Global Materials ETF
iShares · 101 holdings · $349M · as of 2026-03-31
How similar are LVHI and MXI?
Franklin International Low Volatility High Dividend Index ETF (LVHI, by Franklin Templeton) holds 192 positions; iShares Global Materials ETF (MXI, by iShares) holds 101. They have 7 holdings in common, and by portfolio weight the two funds are 5.4% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 5.4%Sum of the smaller weight of each shared holding
- Shared Holdings
- 7LVHI holds 192 · MXI holds 101
- Weight in Shared Holdings
- LVHI 5%·MXI 12%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in LVHI
185 of 192 positions (91.3% of the fund) are not held by MXI. Showing the top 30 by weight.
Only in MXI
94 of 101 positions (88.0% of the fund) are not held by LVHI. Showing the top 30 by weight.
Sector Breakdown
| Sector | LVHI | MXI |
|---|---|---|
| Materials | 5.5% | 99.5% |
| Financials | 21.6% | 0.0% |
| Energy | 16.8% | 0.0% |
| Industrials | 10.2% | 0.0% |
| Utilities | 9.6% | 0.0% |
| Other Sectors | 27.3% | 0.2% |
| Unclassified | 5.8% | 0.0% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts. “Unclassified” is weight we could not classify (6% of LVHI, 0% of MXI).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| LVHI | +4.0% | +18.9% | +33.8% | +23.2% | +16.9% | +11.5% | 4.49% |
| MXI | +6.2% | +18.1% | +32.9% | +13.0% | +7.2% | +10.9% | 1.62% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in LVHI vs MXI →
Shared Holdings(7)
The top 7 shared positions account for 100% of the overlap, led by RIO, BHP and FMG.
 RIORio Tinto PLC ORD GBP0.10 | 2.08% | 3.34% | 2.08% |
|---|---|---|---|
 BHPBHP Group Ltd. NPV | 1.86% | 6.21% | 1.86% |
 FMGFortescue Ltd. NPV | 0.65% | 0.80% | 0.65% |
 3407Asahi Kasei Corp. NPV | 0.27% | 0.45% | 0.27% |
 5411JFE Holdings, Inc. NPV | 0.30% | 0.25% | 0.25% |
 NHYNorsk Hydro ASA NOK1.098 | 0.24% | 0.47% | 0.24% |
 SCABSvenska Cellulosa Aktiebolaget SCA (publ) SER'B'NPV | 0.06% | 0.23% | 0.06% |
Frequently Asked Questions
How much do LVHI and MXI overlap?
LVHI and MXI overlap by 5.4% of portfolio weight. They share 7 holdings (LVHI holds 192 positions and MXI holds 101), based on each fund's latest SEC-reported holdings.
Is it redundant to own both LVHI and MXI?
The two portfolios are 5.4% identical by weight. Owning both is not redundant. Most of each portfolio is distinct, so the funds can serve different roles.
What are the biggest shared holdings of LVHI and MXI?
The largest positions held by both funds are RIO, BHP, FMG, 3407 and 5411. Together the top 7 shared positions account for 100% of the total overlap.
What does LVHI own that MXI doesn't?
185 positions (91.3% of LVHI) are unique to LVHI, led by CNQ, SHEL and SU. In the other direction, 94 positions (88.0% of MXI) are unique to MXI.