FYI: As the stock market gyrated this summer, investors found lower volatility ETFs to be particularly appealing. Indeed, between July 1 and August 26, funds that invest in historically lower-risk stocks gathered $5 billion of net inflows, even as equity ETFs as a category experienced net outflows.
But these smart-beta ETFs are not static, and some shifted stock and sector exposures in mid-August as part of a regular rebalance schedule to provide the intended factor exposure to investors.
Regards,
Ted
https://www.etf.com/sections/blog/staying-ahead-market-volatility