Equity-only volatility-controlled indices continued to outperform multi-asset strategies in August, with several Rila benchmarks posting double-digit returns over the past year as realised equity volatility declined.
Equity-focused indices continued to dominate performance across the Rila universe in September, supported by a combination of declining market volatility and strong equity-market gains. While volatility-controlled FIA benchmarks delivered mixed results, Rila indices maintained a sizeable performance advantage, particularly among equity-only strategies. Salt Financial data shows that realised volatility in the S&P 500 proxy SPY fell to 10.8%, while US equities continued to post robust gains.