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
240B +34.78%
Financials
Other Banks
157B +25.59%
Technology
Other Semiconductors
1,814B +45.81%
Financials
Other Banks
97.81B +40.94%
Financials
Other Banks
310B +33.18%
Consumer Non-Cyclical
Other Non-Alcoholic Beverages
408B +37.67%
Financials
Other Banks
204B +37.67%
Financials
Other Banks
31.57B +99.28%
Industrials
Integrated Logistics Operators
34.93B +42.48%
Basic Materials
Other Specialty Chemicals
14.3B +39.14%
Financials
Other Banks
151B +24.82%
Healthcare
Other Healthcare Facilities & Services
27.18B +46.02%
Industrials
Security Services
17.22B +21.14%
Industrials
Railway Freight Operators
180B +32.09%
Utilities
Other Electric Utilities
165B +22.39%
Financials
Other Banks
289B +12.30%
Financials
Other Financial & Commodity Market Operators
16.88B +21.52%
Technology
Other Communications & Networking
405B +32.90%
Industrials
Other Electrical Components & Equipment
56.99B +13.97%
Financials
Wealth Management
12.51B +31.49%
Financials
Other Banks
52.1B +9.64%
Financials
Other Banks
67.21B +36.89%
Healthcare
Other Pharmaceuticals
641B +31.54%
Industrials
Testing & Measuring Equipment
51.94B +38.81%
Financials
Other Banks
18.67B +44.39%
Basic Materials
Other Specialty Chemicals
6.83B +34.06%
Industrials
Other Air Freight & Logistics
26.56B +34.40%
Basic Materials
Other Commodity Chemicals
130B +28.60%
Consumer Cyclical
Automotive Parts & Accessories Retailers
51.5B -2.17%
Consumer Non-Cyclical
Other Tobacco
324B +31.99%
Energy
Other Oil & Gas Refining and Marketing
724B +41.05%
Technology
Other IT Services & Consulting
28.16B +31.53%
Technology
Other IT Services & Consulting
6.52B -43.60%
Technology
Other Wireless Telecommunications Services
12.28B +24.42%
Consumer Non-Cyclical
Other Food Processing
47.54B -11.90%
Healthcare
Medical & Diagnostic Laboratories
28.74B +44.98%
Technology
Other Wireless Telecommunications Services
68.22B +4.02%
Industrials
Other Electrical Components & Equipment
152B +11.18%
Consumer Cyclical
Automotive Parts & Accessories Retailers
72.41B +1.46%
Real Estate
Other Real Estate Development & Operations
28.35B -12.46%
Consumer Non-Cyclical
Other Food Processing
82.43B +26.40%
Healthcare
Other Managed Healthcare
89.39B +22.28%
Healthcare
Other Pharmaceuticals
135B +19.52%
Healthcare
Other Pharmaceuticals
126B +17.00%
Energy
Other Oil & Gas Transportation Services
88.64B +12.10%
Technology
Electronic Component
208B +15.87%
Industrials
Other Aerospace & Defense
23.93B +17.34%
Utilities
Other Electric Utilities
19.7B +18.22%
Healthcare
Other Pharmaceuticals
505B +26.54%
Healthcare
Biopharmaceuticals
23.97B +22.87%
Industrials
Transaction & Payment Services
782B +23.53%
Healthcare
Other Pharmaceuticals
1,255B +33.19%
Basic Materials
Industrial Gas
235B +22.66%
Healthcare
Other Managed Healthcare
363B +22.64%
Technology
Other Communications & Networking
81.26B +27.84%
Healthcare
Other Pharmaceuticals
286B +1.70%
Technology
Other Integrated Telecommunications Services
49.1B +17.23%
Healthcare
Other Pharmaceuticals
208B +41.46%
Industrials
Other Construction & Engineering
9.73B +16.29%
Industrials
Diversified Industrial Goods Wholesale
98.73B +14.99%
Utilities
Other Electric Utilities
13.06B +19.50%
Technology
Wireless Telecom
71.09B +8.61%
Industrials
Diversified Industrial Goods Wholesale
110B +43.56%
Real Estate
Other Specialized REITs
68.19B +16.55%
Utilities
Other Multiline Utilities
55.82B -6.84%
Financials
Other Banks
22.9B +5.07%
Real Estate
Industrial REITs
5.18B -12.39%
Real Estate
Self-Storage REITs
9.89B +26.80%
Basic Materials
Integrated Mining
140B +3.45%

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