Smart Beta ETFs for Rising U.S. Interest Rates

Thus far in 2017, iShares Edge MSCI Minimum Volatility USA ETF (USMV) and PowerShares S&P 500 Low Volatility Portfolio (SPLV) have shed a combined $1.3 billion assets. Despite the exposure differences – for example USMV has sector constraints not employed for SPLV — both offer relatively...