It's a good point. The reduction in drawdown in 2008-2009 is compelling.The Vanguard Consumer Staples ETF has had lower volatility than the market. And outperformed the market from inception in 2004 until 2020.
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However, overall, its Sharpe ratio was only marginally higher than that of Total Stock, suggesting that the lower volatility was mostly paid for with lower returns.
Statistics: Posted by nisiprius — Thu Jan 08, 2026 9:04 am — Replies 61 — Views 3195