iShares Edge S&P 500 Min Vol UCITS ETF USD (Acc.) MVUS

This ETF tracks a subset of the S&P 500 Index, with the lowest absolute volatility of returns. This ETF reinvests income.

Has anyone got any thoughts on the above? Thanks

Decent volatility dampening when looking at 2020 and Aug 2024. Beats global tracker over long term. Most of top 20 constituents are similar weights, on my watch list for sure.

Also Utilities and consumer staples ETFs.