State Street rolls out 2 low-volatility ETFs: SPDR Russell 1000 Low Volatility (LGLV) and SPDR...

|About: SPDR Russell 1000 Low V... (LGLV)|By:, SA News Editor

State Street rolls out 2 low-volatility ETFs: SPDR Russell 1000 Low Volatility (LGLV) and SPDR Russell 2000 Low Volatility (SMLV). SMLV has an expense ratio of 0.25% while LGLV is the cheapest among peers at 0.20%. Competitors SPLV, IDLV, XMLV and XSLV charge 0.25% while EELV charges 0.29%. Demand for low volatility ETFs has picked up due to recent risk-adjusted outperformance vs. standard market cap weighted funds.