American Century Low Volatility ETF (LVOL)
American Century Low Volatility ETF operates in the Asset Management industry of the Financial Services sector, headquartered in DE, US. The stock last traded at $51.47, up 1.09% on the session, giving a market capitalisation of $14.6M. Its beta of 0.79 implies it has historically moved less than the broad market.
This exchange-traded fund (ETF) primarily invests in the common stock of U.S. companies with a market capitalization exceeding $2 billion. Its main objective is to deliver a lower overall portfolio volatility than its benchmark, the S&P 500 Index. To achieve this, the fund utilizes a refined stock selection strategy that expands upon conventional measures of price fluctuations by integrating indicators of asymmetric volatility. It also targets businesses that exhibit consistent cash flow, stable operational performance, and strong financial foundations. As an actively managed ETF, it is specifically designed not to replicate the performance of any particular index.
American Century Low Volatility ETF is most often compared with the following Financial Services names: