Russell Investments has launched the Russell Stability Indexes. The indexes, which will serve both active and passive investment managers, are designed to represent certain stock characteristics not taken into account by existing style indexes.
The products are formed by splitting existing Russell indexes in half based upon specific measurements of volatility and quality. The more stable half forms the “Defensive” index, while the less stable half makes up the “Dynamic” index.
Click here from the release from Russell Investments.