Nasdaq-100 Volatility Control 12%™ Index
Targets 12% volatility using truVol forecasts to dynamically rebalance the index, increasing or decreasing exposure to the Nasdaq-100 Total Return Index®.
Overview
The Nasdaq-100® Volatility Control Series (the “Series”) is designed to deliver exposure to the NASDAQ-100 Total Return Index (ticker: XNDX®) while targeting a constant level of volatility. The Series uses the truVol® Risk Control Engine (RCE) to dynamically allocate between XNDX and non-remunerating cash in aiming to achieve the volatility target. Developed by Salt Financial, the RCE is designed to offer higher levels of responsiveness and accuracy in targeting volatility for risk-controlled indices. The mechanism generally allocates more to XNDX when volatility falls and more to cash when it rises.
The Series is rebalanced daily and calculated in excess of a daily accrual of a reference financing rate (Excess Return). Although each Index within the Series is designed to target a specific risk level, there are no guarantees each Index will achieve these results.
Key Facts
| Ticker | XNDX12E™ |
|---|---|
| Type | Excess Return |
| Weighting | Volatility Driven |
| Rebalancing | Daily |
| Base Date | Dec 31, 2003 |
| Inception Date | Jul 31, 2023 |
Documents
Performance
| Name | Last | Day | 3M | YTD | 1Y | 3Y | 10Y |
|---|---|---|---|---|---|---|---|
| Nasdaq-100 Volatility Control 12%™ Index | 7,323.13 | -0.40% | 2.42% | 8.85% | 9.21% | 7.13% | 11.60% |
Disclaimer
All information for an index prior to its Inception Date is back-tested, based on the methodology that was in effect on the Inception Date. Back-tested performance, which is hypothetical and not actual performance, can frequently result in material differences between back-tested results and actual results achieved by an investment strategy.
For additional legal information and disclosures on the limitations of back-tested performance, please visit here.
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