Aggregate Market Stress
COVOL Composite Index
Last updated: Oct 10, 2026, 03:45 AM UTCStress Timeline
PC1 Loading Contribution
Country Risk
0.607
Asset Class
0.180
Oil & Gas
0.548
Commodities
0.546
Individual COVOL Analyses
Country-Level ETF COVOL Analysis
Last updated: Saturday, October 10, 2026 at 3:38:22 AM UTCCurrent level of COVOL: 0.683363
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Trailing 12 month COVOL
Top five COVOL events:
| Date | Event |
|---|---|
| Mar 9, 2020 | COVID - All of Italy is locked down, Saudi Arabia / Russia oil price war |
| Jun 24, 2016 | Brexit |
| Sep 17, 2001 | Market reopens after Sept 11th |
| Feb 27, 2007 | Rumors of a Chinese crackdown on market speculation, Alan Greenspan warns of possible impending recession, Dick Cheney assassination attempt, Drop in durable goods orders |
| Aug 5, 2014 | Tension between Russia and Ukraine |
Asset Class COVOL Analysis
Last updated: Saturday, October 10, 2026 at 3:40:27 AM UTCCurrent level of COVOL: 0.543516
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Trailing 12 month COVOL
Top five COVOL events:
| Date | Event |
|---|---|
| Nov 6, 2024 | Donald Trump elected president of the United States |
| Sep 17, 2001 | Market reopens after Sept 11th |
| Jan 10, 2000 | America On-line announces an agreement to buy Time Warner |
| Nov 9, 2016 | Donald Trump elected president of the United States |
| Mar 9, 2020 | COVID - All of Italy is locked down, Saudi Arabia / Russia oil price war |
Oil and Gas COVOL Analysis
Last updated: Saturday, October 10, 2026 at 3:42:33 AM UTCCurrent level of COVOL: 0.537587
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Trailing 12 month COVOL
Top five COVOL events:
| Date | Event |
|---|---|
| Apr 12, 2019 | Sanctions on Iran and Venezuela; U.S. crude oil production record high; Global Youth Climate Strike |
| Mar 9, 2020 | COVID - All of Italy is locked down, Saudi Arabia / Russia oil price war |
| Jun 22, 2001 | Exxon accused of human rights abuse, OPEC signals output would remain steady |
| Dec 7, 2001 | Israeli–Palestinian conflict |
| Jan 5, 2026 | US military strike on Venezuela and capture of President Maduro; Energy and defense stocks surge on geopolitical volatility |
Commodities COVOL Analysis
Last updated: Saturday, October 10, 2026 at 3:45:09 AM UTCCurrent level of COVOL: 0.510386
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Trailing 12 month COVOL
Top five COVOL events:
| Date | Event |
|---|---|
| Mar 9, 2020 | COVID - All of Italy is locked down, Saudi Arabia / Russia oil price war |
| Jan 30, 2026 | Gold and silver plunge sharply as markets react to Fed nomination amid hawkish policy expectations |
| Sep 17, 2001 | Market reopens after Sept 11th |
| Sep 24, 2001 | Markets begin recovery as global coalition forms against terrorism |
| Mar 17, 2008 | Bear Stearns collapses, sold to JPMorgan Chase for $2/share; Fed facilitates emergency rescue to prevent systemic collapse |