---
title: Common Ownership of Stocks & the Low Volatility Anomaly
url: https://www.ml-quant.com/papers/ssrn/4626091/
site: ML-Quant (https://www.ml-quant.com)
updated: 2026-09-26
license: Summaries CC BY 4.0; links go to the original sources
index: https://www.ml-quant.com/llms.txt
identifier: SSRN 4626091
source_url: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4626091
featured: 2023-11-08
citations: unknown
topic: Derivatives & Volatility
---


# Common Ownership of Stocks & the Low Volatility Anomaly

The study shows that the low volatility anomaly in stock prices is connected to mutual funds performance evaluation against benchmark indexes, as mutual fund managers' heavy investment in certain stocks leads to higher trade volumes and lower volatility.

- Source: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4626091
- Identifier: SSRN 4626091
- Released: 2023-04-11
- First featured: Quant Letter No. 25 (2023-11-08): https://www.ml-quant.com/issues/2023-11-08/
- Citations (Semantic Scholar): not tracked
- Published in: not yet
- Topic: Derivatives & Volatility

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