S&P 500 RavenPack AI News Algo Index

The S&P 500® RavenPack AI News Algo Index measures exposure to the S&P 500 RavenPack AI Sentiment Index, applying a rotation between U.S. equities and fixed income complemented by a daily risk control mechanism that seeks to maintain a target volatility of 5%. The index has a LIBOR to SOFR transition of Jan. 3, 2022, on the underlying equity component and 0.75% decrement factor. On March 27, 2024, S&P DJI started calculating and administering the index as a successor to the Credit Suisse RavenPack News Algo, which launched on April 29, 2022. The index does not measure performance of AI companies.