SPLV features light allocations to some of the most volatile sectors, such as consumer discretionary and energy, while featuring large weights to docile groups like utilities and real estate.

The Fidelity Low Volatility (FDLO), JPMorgan US Minimum Volatility (JMIN) and Oppenheimer Russell 1000 Low Volatility Factor (OVOL) are other low volatility ETFs to consider.

For more on Smart Beta ETFs, visit our Smart Beta Channel.