Asset Class COVOL Common Volatility Analysis
COVOL Index for Friday, December 12, 2025:0.6346 (0.0575)
COVOL data for
COVOL Loadings
| Loading | VW Loading | |
|---|---|---|
| iShares Russell 1000 Growth | 0.2749 | 0.4765 |
| State Street Technology Select Sector SPDR | 0.2584 | 0.6808 |
| iShares Global Energy | 0.2551 | 0.7223 |
| State Street Energy Select Sector SPDR | 0.2509 | 0.8382 |
| State Street Financial Select Sector SPDR | 0.2359 | 0.7537 |
| iShares Russell 1000 Value | 0.2339 | 0.3400 |
| Princ Comp #1 | 0.2275 | 0.3308 |
| S&P GSCI Gold Spot | 0.2188 | 0.2623 |
| iShares 7-10 Year Treasury Bond | 0.2156 | 0.0400 |
| iShares iBoxx $ Investment Grade Corporate Bond | 0.2102 | 0.0553 |
| S&P GSCI Crude Oil | 0.2082 | 1.3084 |
| iShares Select U.S. REIT | 0.2050 | 0.6430 |
| State Street Consumer Staples Select Sector SPDR | 0.2049 | 0.1862 |
| iShares Russell 2000 Value | 0.1888 | 0.4268 |
| iShares Russell 2000 Growth | 0.1860 | 0.4696 |
| State Street Utilities Select Sector SPDR | 0.1859 | 0.2769 |
| EAFE | 0.1833 | 0.3209 |
| State Street Health Care Select Sector SPDR | 0.1802 | 0.2334 |
| State Street Consumer Discretionary Select Sector SPDR | 0.1666 | 0.3445 |
| ICE United States Dollar 4PM London Close | 0.1658 | 0.0338 |
Top COVOL Events (new events in boldface)
| Date | COVOL | Event | |
|---|---|---|---|
| 1 | Nov 6, 2024 | 49.16 | Donald Trump elected president of the United States |
| 2 | Sep 17, 2001 | 48.72 | Market reopens after Sept 11th |
| 3 | Jan 10, 2000 | 45.38 | America On-line announces an agreement to buy Time Warner |
| 4 | Nov 9, 2016 | 43.37 | Donald Trump elected president of the United States |
| 5 | Mar 9, 2020 | 40.56 | COVID - All of Italy is locked down, Saudi Arabia / Russia oil price war |
| 6 | Nov 9, 2020 | 33.00 | COVID - Pfizer early trial data suggests vaccine is 90% effective; Oil soars 8% on promising COVID-19 vaccine results; Joe Biden elected president of the United States |
| 7 | Sep 16, 2008 | 30.89 | Global Financial Crisis |
| 8 | Nov 28, 2014 | 25.21 | Oil crashes after OPEC announces it will leave production levels unchanged |
| 9 | Jul 3, 2014 | 22.32 | |
| 10 | Nov 4, 2020 | 22.02 | US Presidential Elections |
| 11 | Jan 3, 2001 | 20.07 | Fed surprise 50 bps interest rate cut |
| 12 | Jun 24, 2016 | 19.76 | Brexit |
| 13 | Apr 3, 2025 | 18.95 | Global equities slide as U.S. imposes broad new import tariffs |
| 14 | Oct 10, 2008 | 18.55 | Global Financial Crisis - Global stock market crash |
| 15 | Aug 8, 2014 | 18.35 | Russia announces desire to de-escalate Ukraine conflict |
| 16 | Oct 13, 2008 | 16.73 | Global Financial Crisis - Relief rally from details of bailout package, European bailout packages, and Federal Reserve actions |
| 17 | Feb 5, 2002 | 16.26 | |
| 18 | Feb 4, 2000 | 16.15 | |
| 19 | Jan 27, 2025 | 14.71 | DeepSeek model challenges United States dominance in Artifical Intelligence |
| 20 | Jan 7, 2000 | 13.93 |