As stocks climb toward record levels, nervous investors are hedging their bets. U.S. stocks just enjoyed their best quarter in at least six years, but last year’s turbulence has left some skittish. Investors have poured a record amount of cash into so-called smart funds that try to protect against another downturn. They have also piled into exchange-traded products that offer insurance against market volatility and snapped up corporate debt in search of a sweet spot between profit and safety.

Source: Wall Street Journal April 17, 2019 12:00 UTC