Legg Mason Low Etf Profile
| LVHD Etf | USD 36.18 0.18 0.50% |
Performance2 of 100
| Odds Of DistressLess than 9
|
Legg Mason is trading at 36.18 as of the 24th of April 2024, a 0.50% increase since the beginning of the trading day. The etf's lowest day price was 36.02. Legg Mason has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for Legg Mason Low are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of March 2024 and ending today, the 24th of April 2024. Click here to learn more.
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. Legg Low is traded on NASDAQ Exchange in the United States. More on Legg Mason Low
Moving together with Legg Etf
| 0.72 | VTV | Vanguard Value Index | PairCorr |
| 0.77 | VYM | Vanguard High Dividend | PairCorr |
| 0.75 | IWD | iShares Russell 1000 | PairCorr |
| 0.73 | DGRO | iShares Core Dividend | PairCorr |
| 0.77 | IVE | iShares SP 500 | PairCorr |
| 0.91 | DVY | iShares Select Dividend | PairCorr |
| 0.77 | SPYV | SPDR Portfolio SP | PairCorr |
Legg Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Legg Mason's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Legg Mason or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Ideas | (View all Themes) |
| Business Concentration | High Dividend Yield ETFs, Strategy ETFs, Large Value, Franklin Templeton Investments (View all Sectors) |
| Issuer | Franklin Templeton Investments |
| Inception Date | 2015-12-28 |
| Benchmark | QS Low Volatility High Dividend Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 625.39 Million |
| Average Trading Valume | 87,529 |
| Asset Type | Equity |
| Category | Strategy |
| Focus | High Dividend Yield |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | Legg Mason Partners Fund Advisor, LLC |
| Advisor | Legg Mason Partners Fund Advisor, LLC |
| Custodian | The Bank of New York Mellon Corporation |
| Distributor | Franklin Distributors, LLC |
| Portfolio Manager | Vaneet Chadha, Christopher W. Floyd, Michael LaBella, Jose Maldonado, Russell Shtern |
| Transfer Agent | The Bank of New York Mellon Corporation |
| Trustee | The Bank of New York Mellon Corporation |
| Fiscal Year End | 31-Mar |
| Exchange | NASDAQ |
| Number of Constituents | 120 |
| Market Maker | GTS |
| Total Expense | 0.27 |
| Management Fee | 0.27 |
| Country Name | USA |
| Returns Y T D | (1.26) |
| Name | Legg Mason Low Volatility High Dividend ETF |
| Currency Code | USD |
| In Threey Volatility | 15.11 |
| 1y Volatility | 15.12 |
| 200 Day M A | 35.4972 |
| 50 Day M A | 35.6452 |
| Code | LVHD |
| Updated At | 23rd of April 2024 |
| Currency Name | US Dollar |
Legg Mason Low [LVHD] is traded in USA and was established 2015-12-28. The fund is listed under Large Value category and is part of Franklin Templeton Investments family. The entity is thematically classified as High Dividend Yield ETFs. Legg Mason Low now have 726.85 M in assets. , while the total return for the last 3 years was 3.1%.
Check Legg Mason Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Legg Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Legg Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Legg Mason Low Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Legg Mason Low Etf Constituents
| ABBV | AbbVie Inc | Stock | Health Care |
| CLX | The Clorox | Stock | Consumer Staples |
| KHC | Kraft Heinz Co | Stock | Consumer Staples |
| PEP | PepsiCo | Stock | Consumer Staples |
| WEC | WEC Energy Group | Stock | Utilities |
| PG | Procter Gamble | Stock | Consumer Staples |
| JNJ | Johnson Johnson | Stock | Health Care |
Legg Mason Target Price Odds Analysis
What are Legg Mason's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Legg Mason jumping above the current price in 90 days from now is about 12.93%. The Legg Mason Low probability density function shows the probability of Legg Mason etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Legg Mason has a beta of 0.9063. This indicates Legg Mason Low market returns are highly-sensitive to returns on the market. As the market goes up or down, Legg Mason is expected to follow. Additionally, legg Mason Low has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Legg Mason to move above the current price in 90 days from now is about 12.93 (This Legg Mason Low probability density function shows the probability of Legg Etf to fall within a particular range of prices over 90 days) .
Legg Mason Low Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Legg Mason market risk premium is the additional return an investor will receive from holding Legg Mason long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Legg Mason. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Legg Mason's alpha and beta are two of the key measurements used to evaluate Legg Mason's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.0261 | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0.07) |
Legg Mason Against Markets
Picking the right benchmark for Legg Mason etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Legg Mason etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Legg Mason is critical whether you are bullish or bearish towards Legg Mason Low at a given time. Please also check how Legg Mason's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Legg Mason without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy Legg Etf?
Before investing in Legg Mason, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Legg Mason. To buy Legg Mason etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Legg Mason. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Legg Mason etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Legg Mason Low etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Legg Mason Low etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as Legg Mason Low, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Legg Etf please use our How to Invest in Legg Mason guide.
Already Invested in Legg Mason Low?
The danger of trading Legg Mason Low is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Legg Mason is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Legg Mason. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Legg Mason Low is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Legg Mason Low is a strong investment it is important to analyze Legg Mason's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Legg Mason's future performance. For an informed investment choice regarding Legg Etf, refer to the following important reports: Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Legg Mason Low. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in rate. Note that the Legg Mason Low information on this page should be used as a complementary analysis to other Legg Mason's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
The market value of Legg Mason Low is measured differently than its book value, which is the value of Legg that is recorded on the company's balance sheet. Investors also form their own opinion of Legg Mason's value that differs from its market value or its book value, called intrinsic value, which is Legg Mason's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Legg Mason's market value can be influenced by many factors that don't directly affect Legg Mason's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Legg Mason's value and its price as these two are different measures arrived at by different means. Investors typically determine if Legg Mason is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Legg Mason's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.