For instance, The SPDR Dow Jones Industrial Average ETF (NYSEArca: DIA), SPDR S&P 500 (NYSEArca: SPY) and PowerShares QQQ (NasdaqGS: QQQ) provide exposure to three prominent U.S. benchmarks, the Dow Jones Industrial Average, S&P 500 and Nasdaq-100, respectively.
Additionally, the iShares S&P 100 ETF (NYSEArca: OEF) and Vanguard Mega Cap ETF (NYSEArca: MGC) specifically target mega-capitalization companies.
Alternatively, the VelocityShares Volatility Hedged Large Cap ETF (NYSEArca: SPXH) and the VelocityShares Tail Risk Hedged Large Cap ETF (NYSEArca: TRSK) provide two targeted strategies that limit volatility in large-caps. Both take long position in the S&P 500 and a short position in short-term VIX futures, but TRSK is designed to hedge the “tail risk,” or normal distributions beyond three standard deviation, and SPXH targets a neutral exposure. [VelocityShares Launches Two Hedged Equity ETFs]
Moreover, there are a number low-volatility ETFs, like the PowerShares S&P 500 Low Volatility Portfolio (NYSEArca: SPLV) and the iShares MSCI USA Minimum Volatility ETF (NYSEArca: USMV), that screen for the least volatile stocks. Through Feb. 10, SPLV and USMV were ahead of the S&P 500 on a year-to-date basis. [Learning to Love Low Vol ETFs…Again]
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