Top 20 BIST stocks with the lowest volatility. A defensive portfolio strategy targeting lower risk and stable returns.
| # | Hisse | Skor | Ağırlık | Ay Getirisi |
|---|---|---|---|---|
| 1 | PEKGY | 93 | 5% | +7.1% |
| 2 | ISFIN | 93 | 5% | -2.6% |
| 3 | ISYAT | 92 | 5% | -3.9% |
| 4 | ANSGR | 91 | 5% | -0.3% |
| 5 | KRGYO | 90 | 5% | +28.1% |
| 6 | IHEVA | 90 | 5% | +1.5% |
| 7 | ISSEN | 90 | 5% | +2.7% |
| 8 | ARCLK | 90 | 5% | -6.0% |
| 9 | IEYHO | 90 | 5% | +22.5% |
| 10 | BOBET | 90 | 5% | +10.9% |
| 11 | MNDRS | 90 | 5% | +12.2% |
| 12 | MZHLD | 89 | 5% | +1.7% |
| 13 | KENT | 89 | 5% | +16.6% |
| 14 | GOODY | 89 | 5% | +4.0% |
| 15 | TEHOL | 89 | 5% | -25.3% |
| 16 | VKGYO | 89 | 5% | -23.3% |
| 17 | BRKSN | 89 | 5% | +6.1% |
| 18 | YBTAS | 89 | 5% | -1.0% |
| 19 | SODSN | 89 | 5% | -7.0% |
| 20 | CEMTS | 89 | 5% | -0.6% |
Traditional finance theory says higher risk should bring higher returns. Baker, Bradley, and Wurgler's 2011 study proved the opposite: low-volatility stocks deliver better risk-adjusted returns over the long term. This is known as the low-volatility anomaly.
Borsafolio's low-volatility portfolio selects the 20 stocks with the lowest 21-day annualized standard deviation. It is automatically rebalanced at the beginning of each month. The strategy is simple but effective — ideal for defensive investors.
The low-volatility portfolio has the lowest maximum drawdown. It may lag during strong bull markets — a structural feature. The Low Vol + Trend filter addresses this weakness.
Related articles: Low Volatility Portfolio Advantages, Factor Investing, Risk Measurement