Wall Street Plays Rotation Roulette as 2019 Haven Trade Unwinds

  • Low-volatility ETF is poised for its worst month in six years
  • Investors are also souring on momentum, bond and gold funds
Lock
This article is for subscribers only.

Some of the hottest trades of a tumultuous 2019 are falling out of favor as investors dip their toes into riskier waters.

From low-volatility stocks to bonds and gold, the safety trade that reigned among exchange-traded fund investors is unraveling on signs of a rebounding economy and progress in U.S.-China talks. Traders are rushing to pockets of the market that should outperform in the event of an economic acceleration.