Investment Style

Low-volatility equities

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Investment Themes

Our team of experts has created a low-volatility investment style list of stocks from around the world with a tendency to low volatility.

Low volatility can be measured in two ways. The first is standard deviation, which measures the volatility of each stock in isolation, and the second is beta, which measures the volatility and correlation of a stock relative to the market as a whole. The market has a beta of 1, so a stock with a beta below 1 is considered less volatile than the market, and vice versa for a stock with a beta above 1.

Below are the top-rated low-volatility stocks based on a volatility composite. Many managers have adopted this strategy, which consists of beating the markets in contractionary (bearish) phases and rising in line with the market in expansionary (bullish) phases. This may seem counter-intuitive to many investors, but stocks that are less volatile than their peers have historically produced comparable or superior returns. This means that, on a risk-adjusted basis, low-volatility stocks have been superior investments.

Our selection

Financials
Other Banks
33TCr +25.42%
Financials
Other Life & Health Insurance
7.11TCr +18.04%
Financials
Other Banks
26TCr +47.25%
Financials
Other Banks
16TCr +36.04%
Technology
Other Semiconductors
2,10300Cr +66.77%
Financials
Other Financial & Commodity Market Operators
1.73TCr +24.06%
Financials
Other Banks
11TCr +62.96%
Consumer Non-Cyclical
Other Non-Alcoholic Beverages
37TCr +24.05%
Financials
Other Banks
19TCr +30.24%
Industrials
Integrated Logistics Operators
3.14TCr +30.28%
Financials
Other Banks
3.23TCr +105.22%
Financials
Other Banks
17TCr +39.39%
Financials
Other Banks
30TCr +34.87%
Technology
Other Communications & Networking
44TCr +51.68%
Financials
Other Banks
7.66TCr +56.81%
Healthcare
Other Pharmaceuticals
61TCr +23.14%
Industrials
Testing & Measuring Equipment
6.54TCr +89.97%
Industrials
Security Services
1.59TCr +12.54%
Consumer Cyclical
Automotive Parts & Accessories Retailers
4.54TCr -14.15%
Industrials
Railway Freight Operators
16TCr +19.35%
Utilities
Other Electric Utilities
15TCr +13.67%
Financials
Other Property & Casualty Insurance
767.44Cr +20.27%
Healthcare
Other Healthcare Facilities & Services
2.56TCr +31.46%
Industrials
Other Electrical Components & Equipment
5.78TCr +23.80%
Industrials
Other Air Freight & Logistics
2.52TCr +28.60%
Consumer Non-Cyclical
Other Tobacco
30TCr +18.90%
Financials
Wealth Management
1.24TCr +25.82%
Technology
Other Wireless Telecommunications Services
6.97TCr +6.44%
Consumer Cyclical
Automotive Parts & Accessories Retailers
6.79TCr -6.62%
Energy
Other Oil & Gas Refining and Marketing
67TCr +37.51%
Basic Materials
Other Specialty Chemicals
1.39TCr +33.16%
Basic Materials
Other Commodity Chemicals
12TCr +16.07%
Consumer Non-Cyclical
Other Food Processing
4.17TCr -23.39%
Basic Materials
Integrated Mining
16TCr +19.52%
Healthcare
Other Pharmaceuticals
12TCr +9.64%
Energy
Other Oil & Gas Transportation Services
8.66TCr +20.46%
Industrials
Other Aerospace & Defense
2.74TCr +30.64%
Industrials
Other Construction & Engineering
954.92Cr +12.93%
Healthcare
Biopharmaceuticals
2.31TCr +14.56%
Basic Materials
Other Specialty Chemicals
609.17Cr +24.19%
Industrials
Other Electrical Components & Equipment
17TCr +39.57%
Financials
Other Banks
1.72TCr +31.12%
Real Estate
Other Real Estate Development & Operations
2.74TCr -18.43%
Financials
Other Banks
2.24TCr +2.86%
Healthcare
Other Pharmaceuticals
22TCr +22.52%
Technology
Enterprise Software
43TCr -24.95%
Technology
Electronic Component
22TCr +32.12%
Technology
Other Wireless Telecommunications Services
3.04TCr +8.95%
Utilities
Other Electric Utilities
1.82TCr +10.50%
Utilities
Other Electric Utilities
5.37TCr +5.09%
Healthcare
Other Pharmaceuticals
27TCr +6.92%
Real Estate
Other Specialized REITs
6.67TCr +19.20%
Technology
Other IT Services & Consulting
2.64TCr +20.30%
Healthcare
Other Pharmaceuticals
1,01900Cr +7.74%
Industrials
Diversified Industrial Goods Wholesale
11TCr +31.43%
Basic Materials
Industrial Gas
22TCr +15.29%
Technology
Other Wireless Telecommunications Services
1.17TCr +13.36%
Energy
Natural Gas Pipeline
1.25TCr +3.89%
Real Estate
Healthcare REITs
855.38Cr +0.50%
Healthcare
Other Pharmaceuticals
18TCr +17.06%
Industrials
Diversified Industrial Goods Wholesale
9.61TCr +10.53%
Utilities
Other Electric Utilities
1.16TCr +10.30%
Consumer Non-Cyclical
Other Food Retail & Distribution
3.47TCr -7.27%
Healthcare
Other Managed Healthcare
8.56TCr +13.52%
Healthcare
Other Managed Healthcare
34TCr +13.48%
Technology
Other Integrated Telecommunications Services
5.02TCr +15.92%
Consumer Non-Cyclical
Other Food Processing
1.24TCr +19.63%

News of the components

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