State Street Global Advisors, the masterminds behind the SPDRs, launched two more of their kind this week...
- LGLV - SPDR Russell 1000 Low Volatility ETF
- SMLV - SPDR Russell 2000 Low Volatility ETF
Both funds are low-volatility ETFs and correlate with Russell Indexes. However LGLV will hold large-cap stocks like Heinz and Johnson and Johnson, while SMLV will focus on small-caps like Sothebys and Cascade Corporation. You can get full details for each fund on the SSGA website.
As of today, LGLV is trading around $60.07 and SMLV is at $60.05. And if you want to see more SPDRs, then we have just the thing for you...
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