Time to flee low-vol ETF strategy

Outperformance of such funds has been so dramatic that odds are against it continuing

Steady-Eddie investors, it's time to review your favorite exchange-traded fund strategy: "low volatility."

As of mid-2014, the idea of owning the market's most stable stocks, and only those stocks, has worked, even excelled. Investors have enjoyed a smoother ride than the S&P 500 and have beaten the index to boot. Now for the bad news: The factors behind this outperformance aren't sustainable.

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