Low-Volatility ETFs Are Anything But Amid S&P 500 Tumble: Chart

The biggest equity decline since Britain seceded from the European Union is being most acutely felt in exchange-traded funds designed to minimize volatility. The iShares Edge MSCI Min Vol USA ETF was down 1.6 percent at 12:30 p.m. in New York and the PowerShares S&P 500 Low Volatility Portfolio slid 1.8 percent, compared with the S&P 500’s 1.4 percent retreat. Both were punished as central bank hawkish comments sent bond yields rising quickly from records reached earlier this year.

    Before it's here, it's on the Bloomberg Terminal.
    LEARN MORE