NEW YORK ( TheStreet) -- One of the most successful ETF launches ever was the PowerShares S&P 500 Low Volatility Portfolio (SPLV). That fund is comprised of the 100 S&P 500 constituents with the lowest volatility. SPLV not only is less volatile then the S&P 500 but has slightly higher yield than the benchmark.Now PowerShares has taken it one step further, culling the 50 highest-yielding stocks from SPLV to create the PowerShares S&P 500 High Dividend Portfolio (SPHD). Funds with lower volatility have become a popular niche as have funds with higher dividend yields and the new SPHD targets both.
An ETF Combining High Yield and Low Volatility
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