Adjusted for Risk: Harnessing Market Volatility
Recording live from the Exchange ETF Conference in Las Vegas, host Ryan Nauman welcomes back Ben Fulton, CEO of WEBs Investments, to discuss how investors can mitigate portfolio risk without giving up upside after a strong multi-year equity run. Fulton explains WEBs’ approach of adjusting market exposure based on realized volatility—reducing exposure when volatility is high and increasing it (potentially up to 2x) when volatility is low—framing it as a probability-based strategy rather than prediction. They discuss how risk has evolved beyond standard deviation, highlighting faster-moving sector dispersion and rotations, and why WEBs launched sector-focused offerings. Fulton outlines his own core-and-satellite portfolio approach using defined-volatility S&P and Nasdaq exposure plus opportunistic sector positions with clear sell discipline, viewing pullbacks as potential buying opportunities.
Welcome and Disclaimer 00:33
Live From ETF Conference 01:41
Meet Ben Fulton 02:08
Volatility Probability Approach 03:18
How Risk Has Changed 05:49
Opportunity Over Risk 07:29
Core Satellite Strategy 10:56
Sector Rotation and Currencies 12:58
Sell Discipline and Pullbacks 16:30
Wrap Up and Contact Info
