US Balanced truVol® Risk Control 5% Index

Targets 5% portfolio volatility by dynamically adjusting exposure among stocks, Treasury bonds, and cash on a daily basis.


The US Balanced truVol® Risk Control 5% Index is designed to provide exposure to both US equities and Treasuries while targeting a constant volatility level of 5%. The Index uses the truVol® Risk Control Engine (RCE) to help optimize weighting between the SPDR S&P 500 ETF (SPY) and the iShares 7-10 Year Treasury Bond ETF (IEF). The strategy also uses the RCE to maintain a daily volatility target of 5%, using non-remunerating cash to reduce exposure if necessary.

The Index is rebalanced daily and calculated in excess of a daily accrual of the Federal Funds Effective Rate (Excess Return) and includes an index fee of 50 basis points.

Key Facts

Ticker SFBAL
Type Excess Return
Weighting Volatility Driven
Rebalancing Daily
Base Date Dec 31, 2003
Inception Date Jul 31, 2021