Zin Zen

Stocks less affected by U.S. market movements are showing renewed strength after falling out of favor last year. The S&P 500 Low Volatility Index’s ratio to the S&P 500 Index closed Monday at its highest reading since August 2016, according to data compiled by Bloomberg. The low-volatility gauge consists of 100 stocks with the smallest day-to-day price swings for a 12-month period. Last October, its ratio to the S&P 500 reached the lowest level since July 2008.