iShares WVOL ETF (ASX:WVOL)
The iShares WVOL ETF provides exposure to the performance of developed share markets that, on the whole, have lower volatility characteristics relative to the broader global developed share markets.
What does the WVOL invest in?
WVOL tracks the MSCI World Minimum Volatility (AUD) Index which is designed to reflect the performance of a minimum volatility strategy applied to the large-cap and mid-cap segment of 23 developed market countries. WVOL has significant exposure to the US in particular and covers a broad range of sectors, including financials, technology and materials.
What do investors use WVOL for?
Investors could use WVOL to obtain diversified exposure to a broad basket of global stocks with potentially less risk. Minimum volatility strategies implemented by the underlying index of this ETF aim to lose less than the broad market during downturns.
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