"Less volatility" means that there is a decrease in fluctuations or changes in a particular situation or market. It indicates a more stable and predictable environment. Full definition
It believes it can generate higher returns with less volatility by holding 15 - year mortgage - backed securities, which are less sensitive to interest rates than 30 - year mortgages. (fool.com)
The less cyclical Canadian stock index has resulted in far less volatility in terminal values. (retailinvestor.org)
We recognise the need for less volatility in oil prices in the interest of global economic growth. (iea.org)