When the overall market is up by 10%,an investor with a portfolio of defensive stocks will probably have:

Question

Quizplus · Accepted Answer

Defensive stocks are typically less volatile and may not experience the same level of gains as the overall market during an upswing, but they are also less likely to experience significant losses during a downturn. Thus, an investor with a portfolio of defensive stocks may experience positive portfolio returns, but they are likely to be less than the overall 10% increase of the market.

When the Overall Market Is Up by 10%,an Investor with a Portfolio