Performance gaps across indexed strategies have remained pronounced over the past year, with equity-driven approaches pulling further ahead, while multi-asset volatility-controlled indices continue to exhibit wide variation in outcomes across providers and structures.

Salt Financial’s April 2026 Annuity Index Report shows continued divergence in performance across both FIA volatility‑controlled strategies and Rila equity‑linked indices, with equity exposure and systematic factor design remaining the key drivers of return outcomes. Within FIA volatility‑controlled indices, multi‑asset strategies continue to produce a wide spread of results across time horizons Within FIA volatility‑controlled indices, multi‑asset strategies continue to produce a wide