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While trade tensions have knocked the S&P 500 (SPY) down about 4% from its all-time high, low volatility stock strategies hit new peaks last week. The two most popular low volatility strategies - the Invesco S&P 500 Low Volatility ETF (SPLV) and the iShares Edge MSCI Minimum Volatility USA ETF (USMV) - both made new highs over the last few trading sessions. The recent outperformance of low volatility equity strategies has coincided with the recent rally in rates that pushed the 10-year Treasury yield to its lowest level since