ETF Chart of the Day: An old Low Vol Friend
May 26, 2015 at 12:30 PM EDT
We have seen some interesting rotation out of SPLV (PowerShares S&P 500 Low Volatility Portfolio, Expense Ratio 0.25%) with more than $700 million spilling out of the fund via redemption activity. The timing of the redemptions is interesting given it was before today’s steep equity sell-off, as...