Portfolio variance is essentially a measurement of risk. The formula helps to determine if the portfolio has an appropriate level of risk. Modern portfolio theory states that portfolio variance ...

Invesco S&P 500 Minimum Variance ETF earns an Above Average Process ... Such positions do not tend to provide much ballast for a portfolio. In the latest month, the strategy was also less exposed ...

Variance is also used in finance to compare the relative performance of each asset in a portfolio to achieve ... is calculated by using the following formula: You can also use the formula above ...

That’s much cheaper than giving up return by holding an MVP, or hedging a portfolio with puts.” Needless to say, JPMorgan has no plans for its own minimum variance entry.