FVD - FVD: A Low-Volatility Play That Might Surprise In A Correction
2024-04-21 14:34:28 ET
Summary
- FVD is a smart-beta dividend ETF that favors low volatility and financial resilience.
- Since my January analysis, FVD has made rather notable changes to the portfolio, as it removed 14 and added 27 companies.
- However, the factor mix has not changed much, with the bulk of the net assets still allocated to less-volatile, slowly growing defensive names.
- Investors might consider FVD to prepare for a deeper correction, but there is a risk of FVD capturing more downside than IVV and then again underperforming during the rebound.
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FVD: A Low-Volatility Play That Might Surprise In A Correction