The S&P 500 Average Daily Risk Control 5% USD Price Return Index seeks to limit the volatility of the S&P 500 to a target level of 5% by allocating to cash. For the volatility value, we use the higher of the two simple averages of the underlying index’s volatility computed over 20 or 40 trailing days.
Top 10 Constituents by Index WeightExport
*Based on GICS sectors
The weightings for each sector of the index are rounded to the nearest tenth of a percent, therefore, the aggregate weights for the index may not equal to 100%.
*Based on GICS Sectors