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430373 No.430373[DELETED]  [Reply] [Original]

I'm looking for a defensive ETF to adjust my portfolio with. I noticed that my portfolio is underweight defensive.

I'm looking at Powershares S&P 500 Low Volatility ETF and it looks good but it's not entirely defensive. I want a 100% defensive ETF so that I can do the minimum amount of adjustment to my portfolio without having to move a large amount of funds.

If I went with SPLV I would have to move around a lot of money just to get some more defensive weight.

>> No.431392

>>430373

Well, by definition a 100% defensive ETF or any security would have a beta of -1.0. Start there.

>> No.431400

buy an S&P put option... it's a much better way to hedge and you can keep extra cash on hand instead of putting into shitty ETF's.

>> No.431583

>>431392
How do I find -1 beta ETFs?

>> No.431590

>>431583
Ok so the only negative beta ETFs that I found were all short. That's not what I'm looking for.

I found HDV ISHARES CORE HIGH DIVIDEND which is .48 beta but it's not 100% defensive. It's 50% defensive, though.

>> No.431606

To be clear what I'm looking or is a ETF that combines utilities, consumer staples and healthcare. I'm not looking for anything else. I guess I could just buy 3 different ETFs for those three sectors separately but I'd rather have an ETF that is all three sectors in one.