LOWV

AB US Low Volatility Equity ETF

$78.55
+0.00%
Market closed. Last update: 10:54 PM ET

📎 Investment Objective

The AB US Low Volatility Equity ETF (LOWV) seeks to provide investment results that correspond generally to the performance of the AB US Low Volatility Equity Index, which is designed to measure the performance of US equities with lower volatility characteristics.

Overview

ETF tracking AB US Low Volatility Equity ETF

Category Volatility
Issuer Other
Inception Date 2023-03-22
Market Cap $157.1M
Average Volume N/A
Dividend Yield 0.91%
52-Week Range $63.03 - $79.79
VWAP $78.47

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The AB US Low Volatility Equity ETF (LOWV) seeks to provide investment results that correspond generally to the performance of the AB US Low Volatility Equity Index, which is designed to measure the performance of US equities with lower volatility characteristics.

🎯 Investment Strategy

The ETF employs a passive management (or index-tracking) strategy, attempting to track the performance of its underlying index by investing in a representative sample of the securities included in the index. The index selects and weights securities based on their historical volatility, with the goal of providing exposure to US equities with lower overall risk.

✨ Key Features

  • Targets US equities with lower historical volatility
  • Passively managed to track the AB US Low Volatility Equity Index
  • Potentially offers lower risk exposure compared to a broad US equity index
  • Very low expense ratio of 0.00%

⚠️ Primary Risks

  • Equity market risk: The value of the ETF's holdings may decline due to general market and economic conditions
  • Tracking error risk: The ETF may not perfectly track the performance of its underlying index
  • Concentration risk: The ETF may be more heavily weighted in certain sectors or industries
  • Limited performance history: This ETF has a very short track record, making it difficult to evaluate long-term performance

👤 Best For

This ETF may be suitable for investors seeking exposure to US equities with lower volatility characteristics, as part of a diversified portfolio. It may be particularly appealing to more risk-averse investors or those nearing retirement who are looking to potentially reduce portfolio risk. However, due to the limited performance history, investors should carefully consider the risks before investing.