5 Best Low Volatility ETFs To Buy

4. iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

5-Year Share Price Performance as of April 4: 40.25%

iShares MSCI USA Min Vol Factor ETF (BATS:USMV) aims to replicate the performance of the MSCI USA Minimum Volatility Index, which comprises US equities known for experiencing lower volatility compared to the overall US equity market. The fund was established on October 18, 2011. As of April 5, 2024, the fund’s net assets amounted to $24.2 million, along with an expense ratio of 0.15% and a portfolio comprising 165 stocks. iShares MSCI USA Min Vol Factor ETF (BATS:USMV) ranks 4th on our list of the best low volatility ETFs. 

Broadcom Inc. (NASDAQ:AVGO) is the largest holding of the iShares MSCI USA Min Vol Factor ETF (BATS:USMV). Barclays stated that Broadcom is well-positioned to capitalize on the “second wave of AI” and assigned a price target of $1,405 for the stock on March 20. 

According to Insider Monkey’s fourth quarter database, 91 hedge funds were bullish on Broadcom Inc. (NASDAQ:AVGO), compared to 87 funds in the prior quarter. 

Carillon Eagle Growth & Income Fund stated the following regarding Broadcom Inc. (NASDAQ:AVGO) in its fourth quarter 2023 investor letter:

“Broadcom Inc. (NASDAQ:AVGO) traded higher after closing on its acquisition of VMware. The company also announced earnings that were relatively in line with estimates with some benefit of better operating expenses. The stock appears to be one of the first real beneficiaries of generative artificial intelligence (AI) with meaningful revenue expected to show up in 2024.”