root, root. (2026). Constructing Volatility-Managed Portfolios Using Downside Risk: A Comparative Study Between Growth and Value Portfolios — An Analytical Study of a Sample of Companies Listed on the Iraq Stock Exchange for the Period (2015–2017). Warith Scientific Journal, 8(25), 552-569. https://doi.org/10.57026/wsj.v8i25.746