Low volatility ETF
Low volatility ETFs are Exchange Traded Funds (ETFs) designed to exploit the volatility anomaly.
These usually replicate popular publicly available indices, such as MSCI Minimum Volatility Indexes or the S&P 500 Low Volatility index, at relatively low cost. However, research by Robeco shows that replicating on public low volatility indices can lead to significant arbitrage risk for investors, that can penalize long term performance.
An alternative would be in to invest in ETFs that replicate bespoke low volatility indices, which are only on public to those who invest according to them.