Is Franklin U.S. Low Volatility High Dividend Index ETF (LVHD) a Strong ETF Right Now?

LVHD is a smart beta ETF launched in 2015 that tracks the QS Low Volatility High Dividend Index, offering exposure to profitable U.S. companies with high dividend yields and lower volatility. With $622.94 million in assets, a 0.27% expense ratio, and a 3.37% dividend yield, it has returned 12.79% year-to-date and 11.47% over the past year. However, cheaper alternatives like SCHD and VTV offer lower expense ratios and significantly larger asset bases.