2 Source: Bloomberg L.P. as of Jan. 30, 2015
3 Source: Bloomberg L.P. as of Feb. 9, 2015
Important Information
The S&P 500® Index is an unmanaged index considered representative of the US stock market.
The CBOE Volatility Index® (VIX) is a key measure of market expectations of near-term volatility conveyed by S&P 500 stock index option prices.
Volatility measures the amount of fluctuation in the price of a security or portfolio. Volatility was measured using standard deviation of returns.