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 Life & Health Insurance
71.88B +16.42%
Financials
Other Banks
335B +19.95%
Financials
Other Banks
261B +45.29%
Financials
Other Banks
164B +33.78%
Financials
Other Banks
175B +37.49%
Technology
Other Semiconductors
2,108B +66.77%
Financials
Other Financial & Commodity Market Operators
17.6B +25.53%
Financials
Other Banks
113B +53.34%
Consumer Non-Cyclical
Other Non-Alcoholic Beverages
371B +22.76%
Financials
Other Banks
193B +25.56%
Industrials
Integrated Logistics Operators
31.89B +30.45%
Financials
Other Banks
32.74B +105.22%
Financials
Other Banks
304B +34.19%
Technology
Other Communications & Networking
465B +52.40%
Financials
Other Banks
78.05B +52.29%
Industrials
Testing & Measuring Equipment
66.06B +87.72%
Healthcare
Other Pharmaceuticals
614B +24.89%
Industrials
Security Services
15.91B +12.27%
Consumer Cyclical
Automotive Parts & Accessories Retailers
46.88B -16.08%
Industrials
Railway Freight Operators
164B +18.74%
Utilities
Other Electric Utilities
153B +13.35%
Healthcare
Other Healthcare Facilities & Services
25.21B +30.85%
Financials
Other Property & Casualty Insurance
7.66B +19.06%
Industrials
Other Electrical Components & Equipment
58.17B +21.09%
Industrials
Other Air Freight & Logistics
24.93B +28.08%
Consumer Non-Cyclical
Other Tobacco
297B +20.13%
Financials
Wealth Management
12.35B +24.45%
Technology
Other Wireless Telecommunications Services
69.43B +6.22%
Consumer Cyclical
Automotive Parts & Accessories Retailers
68.87B -7.24%
Energy
Other Oil & Gas Refining and Marketing
676B +36.32%
Basic Materials
Other Specialty Chemicals
14.13B +32.17%
Basic Materials
Other Commodity Chemicals
121B +15.74%
Consumer Non-Cyclical
Other Food Processing
42.63B -23.44%
Basic Materials
Integrated Mining
163B +17.15%
Healthcare
Other Pharmaceuticals
122B +10.68%
Energy
Other Oil & Gas Transportation Services
88.55B +18.88%
Industrials
Other Aerospace & Defense
26.86B +31.00%
Industrials
Other Construction & Engineering
9.64B +10.43%
Healthcare
Biopharmaceuticals
22.85B +14.85%
Industrials
Other Electrical Components & Equipment
173B +35.42%
Basic Materials
Other Specialty Chemicals
6.22B +23.86%
Financials
Other Banks
17.44B +31.12%
Real Estate
Other Real Estate Development & Operations
27.58B -18.43%
Financials
Other Banks
22.19B +1.10%
Healthcare
Other Pharmaceuticals
218B +26.20%
Technology
Electronic Component
219B +29.57%
Technology
Other Wireless Telecommunications Services
30.18B +8.95%
Utilities
Other Electric Utilities
18.53B +10.77%
Utilities
Other Electric Utilities
54.53B +5.02%
Healthcare
Other Pharmaceuticals
268B +9.51%
Real Estate
Other Specialized REITs
68.5B +16.65%
Technology
Other IT Services & Consulting
26.47B +21.10%
Healthcare
Other Pharmaceuticals
1,032B +10.61%
Industrials
Diversified Industrial Goods Wholesale
109B +30.40%
Basic Materials
Industrial Gas
226B +13.51%
Technology
Other Wireless Telecommunications Services
11.72B +13.36%
Technology
Enterprise Software
439B -26.35%
Energy
Natural Gas Pipeline
12.71B +2.52%
Real Estate
Healthcare REITs
8.64B -0.94%
Healthcare
Other Pharmaceuticals
179B +19.64%
Industrials
Diversified Industrial Goods Wholesale
95.42B +9.44%
Healthcare
Other Pharmaceuticals
471B +18.76%
Utilities
Other Electric Utilities
11.88B +9.97%
Consumer Non-Cyclical
Other Food Retail & Distribution
34.5B -5.17%
Healthcare
Other Managed Healthcare
338B +13.90%
Healthcare
Other Managed Healthcare
86.77B +15.34%
Technology
Other Integrated Telecommunications Services
50.34B +16.58%

News of the components

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Sector allocation

Ratings chart - Surperformance

Ratings ESG MSCI