Only ‘Odd-Balls’ Think Low Vol. ETFs Are Vulnerable During A Tantrum, Says Guy Running Low Vol. ETF

Listen, BlackRock’s head of iShares smart beta Rob Nestor thinks maybe you're on some "odd-ball" shit if you're asking questions about the extent to which low-vol. products might be prone to underperforming the broader market in a drawdown catalyzed by a concurrent selloff in bonds and stocks. I mean yes, it would appear to make complete sense to ask whether those funds would be prone to underperformance in a situation where stocks are selling off in response to rapidly rising yields because