Volatility is ruling the market for some time now. Rising rate concerns in the United States have spooked the broader market. Overvaluation, U.S.-Sino trade tensions and the resultant pressure on global growth, geopolitical issues and uncertainty around mid-terms are added worries (read: ETF Strategies for the Midterm Elections).While the entire October has been tumultuous, Oct 24 saw a severe selloff with the S&P, Dow Jones and the Nasdaq Composite losing a respective 3.1%, 2.4% and 4.4%. The S&P 500 and the Dow Jones are now in the red for the year and the Nasdaq has slipped into the correction territory. CBOE Volatility Index VIX, widely viewed as the best gauge of fear in the market, rose 21.8%. The index is up 103% in the past month (as of Oct 24, 2018) (read: October Traditionally Most Volatile: ETFs That Gained).Big three U.S. ETFs — SPDR S&P 500 ETF SPY, SPDR Dow Jones Industrial Average ETF DIA and Invesco QQQ Trust QQQ — lost about 9.1%, 7.9% and 11.2% this month (as of Oct 24, 2018). Meanwhile, all-world ETF iShares MSCI ACWI ETF ACWI shed about 9.5%. For the year, the S&P 500 and the Dow Jones are down 1.5% and 0.1%.Morgan Stanley apprehends more selling pressure on Wall Street due to “declining liquidity and growing concerns about peaking growth”. Very few areas are in the green at the moment.These Low Risk ETFs Could be UsefulAgainst this backdrop, we highlight a few low-risk ETFs to soothe investors’ nerves.Cambria Core Equity ETF CCORThe actively managed fund uses a host of strategies to offer capital appreciation while lowering risk quotient across market conditions. “The fund invests in high-quality companies across all industries and sectors, that have prospects for long-term total returns as a result of their ability to grow earnings and their willingness to increase dividends over time,” per the factsheet. The fund also buys index put options that can guard it against any market crash. The fund has added more than 0.7% on Oct 24 and 1.3% in the past month.SPDR SSGA US Small Cap Low Volatility ETF SMLVThis fund also tracks the performance of U.S. small capitalization companies that exhibit low volatility. The fund is heavy on Financial Services (30.64%) followed by Real Estate (15.88%). It was up 0.6% on Oct 24. Meanwhile, it has lost 9% in the past month, in line with the S&P 500.iShares Edge MSCI Min Vol USA Small-Cap ETF SMMVThe underlying index comprises small-cap stocks with lower volatility characteristics relative to the small-capitalization U.S. equity market. Real Estate (15.28%), Financials (15.13%), Health Care (14.49%), Consumer Discretionary (10.48%) and Information Technology (10.00%) are the top five sectors. It was down about 1.9% on Oct 24 but lost (down 6.2%) lesser than the S&P 500.First Trust Horizon Managed Volatility Domestic ETF HUSVThe fund looks to achieve its investment objective by investing at least 80% of its net assets in common stocks of domestic companies listed and traded on U.S. national securities exchanges. The fund was off 1.2% on Oct 24 and lost only 5.3% in the past month.Want key ETF info delivered straight to your inbox? Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing ETFs, each week. Get it free >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report SPDR-DJ IND AVG (DIA): ETF Research Reports SPDR-R2000 LV (SMLV): ETF Research Reports ISHRS-MSCI ACWI (ACWI): ETF Research Reports ISHRS-E MS MVUS (SMMV): ETF Research Reports SPDR-SP 500 TR (SPY): ETF Research Reports NASDAQ-100 SHRS (QQQ): ETF Research Reports CAMBRIA-CORE EQ (CCOR): ETF Research Reports FT-HZN MVD (HUSV): ETF Research Reports To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report