The S&P 500® VIX® Futures Tail Risk Index - Mid Term Index is constructed so that the sub-portfolio has a long volatility profile on the quarterly rebalancing day. Its goal is to provide long volatility exposure where cost is partially or completely mitigated (due to negative roll yield) via a rebalanced short exposure.
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