Top 20 BIST stocks with the lowest volatility. A defensive portfolio strategy targeting lower risk and stable returns.
| # | Hisse | Skor | Ağırlık | Ay Getirisi |
|---|---|---|---|---|
| 1 | BIZIM | 92 | 5% | -2.7% |
| 2 | KAYSE | 91 | 5% | -6.4% |
| 3 | OYLUM | 91 | 5% | +4.8% |
| 4 | MZHLD | 91 | 5% | -4.3% |
| 5 | BUCIM | 91 | 5% | -6.3% |
| 6 | YESIL | 91 | 5% | -7.3% |
| 7 | JANTS | 91 | 5% | +0.9% |
| 8 | ISBIR | 90 | 5% | -1.6% |
| 9 | AGROT | 90 | 5% | -5.3% |
| 10 | ATAGY | 90 | 5% | -0.2% |
| 11 | TUKAS | 90 | 5% | -5.8% |
| 12 | TSPOR | 90 | 5% | +4.4% |
| 13 | AKYHO | 89 | 5% | -1.2% |
| 14 | KUTPO | 89 | 5% | -4.0% |
| 15 | ISFIN | 89 | 5% | +0.0% |
| 16 | BRKSN | 89 | 5% | -2.3% |
| 17 | YYLGD | 89 | 5% | -3.4% |
| 18 | GOLTS | 89 | 5% | -4.8% |
| 19 | VAKFN | 89 | 5% | -5.5% |
| 20 | GSRAY | 89 | 5% | -2.0% |
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