If there’s one thing investors love, it’s consistency and reliability. Two attributes that deftly describe the trend of exchange-traded funds that track low volatility stocks.

This unique category of the ETF universe has rapidly expanded in recent years through a combination of persistent fund flows and sector momentum. The factors that ultimately shape low volatility indexes have proven to offer attractive characteristics for conservative investors that want equity exposure without the downside risk of a typical broad-based benchmark.

One leading fund in this group is the iShares Edge MSCI Min Vol USA ETF (USMV), which has amassed nearly $14 billion in total assets. USMV is composed of nearly 200 large and mid-cap U.S. stocks with characteristics of reduced historical price volatility versus their peers. In short, it’s a cross section of the U.S. stock market that has demonstrated less downside risk over a short look-back period.

The USMV portfolio is multi-sector in nature with caps placed on the maximum allocation for any single group. At present the top holdings include healthcare, technology, and consumer staples companies such as McDonalds Corp (MCD) and Johnson & Johnson (JNJ). It also charges a very reasonable expense ratio of 0.15%, making it suitable as a long-term core holding in certain portfolios.

On a year-to-date basis, USMV is slightly outpacing the gains of the broad-based SPDR S&P 500 ETF (SPY) with a total return of +11.54%. It also has a 7% lead on SPY over the last three years as well.

The high demand for innovation in the low volatility category has created a great number of ways to slice varying indexes using this criterion. Other top funds include the PowerShares S&P 500 Low Volatility ETF (SPLV) and PowerShares S&P 500 High Dividend Low Volatility Portfolio (SPHD). There is also the iShares Edge MSCI Min Vol EAFE ETF (EFAV) to consider for those who want a similar strategy directed towards international equities. I could easily name 10 more with varying flavors of global exposure, dividends, or some other tangential quality.