Low-Volatility ETFs Outperform Amid Market Selloff Low-volatility ETFs, including iShares MSCI USA Minimum Volatility (USMV) and Invesco S&P 500 Low Volatility (SPLV), are delivering gains of over 3% year-to-date. These funds, which focus on risk-managed strategies, are outperforming broader market indices like the S&P 500 during the current downturn.4