I'm not sure your description of Beta is accurate. Correctly if I'm wrong, but Beta is a measure of volatility in correlation with the broader market, not a measure of volatility in of itself.
There are plenty of stocks that have beta < 1 that are much more volatile than the indexes.
Having a low beta simply means its price isn't as correlated with the overall market. An example, Netflix has a beta < 1 but is extremely volatile.
There are plenty of stocks that have beta < 1 that are much more volatile than the indexes.
Having a low beta simply means its price isn't as correlated with the overall market. An example, Netflix has a beta < 1 but is extremely volatile.