The UK’s best-known benchmark, the FTSE 100, has come out of the shadows in recent years, going from strength to strength since the Covid era.

Year-to-date, the index has gained over 10%, outperforming its transatlantic cousin, the S&P 500, which has risen 8% during the same period. In the past month alone, the Footsie has climbed 3% and is trading around its all-time high level. The current uncertain and volatile context needs little elaboration with many investors drawn to the familiarity of homegrown equities and benchmarks. Luckily for UK products using the FTSE100 as an underlying, it is heavy on constituents which have perfo