John Hood
PowerShares S&P500 Low Volatility ETF
ULV-T
DON'T BUY
Aug 04, 2016
Low volatility S&P 500. There has not been a huge gain since last year. There may be another low volatility ETF that has done better, such as ZMV-T. Watch these things because sometimes the price has been driven up. He may have one of them for a few clients.
This owns the 100 lowest volatility stocks in the S&P 500, and then hedges it back to the dollar to make sure you don’t get any negative movement on your ETF due to the Cdn$ going up, or vice versa.
(Top Pick Aug 23/16, Down 3.93%)He will sell this just after the election goes through when he wants to own some technology stocks with the cash it raises.
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Low volatility S&P 500. There has not been a huge gain since last year. There may be another low volatility ETF that has done better, such as ZMV-T. Watch these things because sometimes the price has been driven up. He may have one of them for a few clients.