Note: Adjusts the raw index performance for eligible indices to normalize for a 5% volatility target and an index fee drag of 50 basis points. For example, for a 10% volatility target index the return is multiplied by 0.50 (5%/10%) and any difference (positive or negative) in the index fee drag from 50 bps is accrued daily. Any disclosed embedded transaction and/or replication costs are removed where possible, using an estimate if necessary. For additional methodology details, please download the full report.