A subgrid‐scale model recently derived by Yoshizawa [Phys. Fluids29, 2152 (1986)] for use in the large‐eddy simulation of compressible turbulent flows is examined from a fundamental theoretical and computational standpoint. It is demonstrated that this model, which is only applicable to compressible turbulent flows in the limit of small density fluctuations, correlates somewhat poorly with the results of direct numerical simulations of compressible isotropic turbulence at low Mach numbers. An alternative model, based on Favre‐filtered fields, is suggested which appears to reduce these limitations.