Nasdaq Global Indexes for Insurance Carriers
Nasdaq-100 Intraday 35% Volatility Compass 6% Decrement™ Index
The Nasdaq-100 Intraday 35% Volatility Compass 6% Decrement Index is designed to provide exposure to the Nasdaq-100 Total Return™ Index, while targeting 35% volatility. The Index uses a trend signal, incorporating synthetic puts to manage drawdowns and rebalances up to seven times daily to incorporate intraday market information beyond close‑to‑close observations.