The PowerShares S&P 500 Low Volatility (NYSEArca: SPLV) is a popular “enhanced” or “smart-beta” offering, which garnered a huge following in the wake of a series of financial crisis that left investors seeking market exposure with low volatility. Year-to-date, SPLV has garnered $746 million in assets, according to IndexUniverse data. [Surveying Low-Volatility ETFs]
In 2013, the PowerShares Senior Loan Portfolio (NYSEArca: BKLN), the first ETF to track bank loans, has also been a popular play for high-yield and to hedge against rising interest rates. The ETF saw $3.8 billion in inflows so far this year. [Bond ETFs to Manage Interest Rate Risk]
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Max Chen contributed to this article.
Full disclosure: Tom Lydon’s clients own QQQ.