Describe any defined-target fund: option legs per share (kind call/put, sign 1 bought / -1 sold, strike in ETF dollars, units = one-share options per fund share), cash per share, fee %/yr, the target date, the index the fund tracks (e.g. "S&P 500", "Nasdaq-100"), and index points per ETF dollar on that date.
EXAMPLES
[ SUMMARY ]
[ VOLATILITY ]
VOL SHIFT-8 +12[ +0.0 PTS ]
VOL FOLLOWS S&P[MEASURED 2024-26 // FINDINGS F12]
The shift moves every column's volatility. "Vol follows the index" adds the slide for each 10% the index sits below today (and takes it off above). S&P 500 measurement: about +1 point per -10% for 3-year options; one-year volatility (VIX1Y) moves about +4.6.
[ P/L PER SHARE // DATE x S&P ]
VIEWMODERANGE
> hover or tap a cell
[ ODDS AT THE TARGET DATE ]
CUSTOM MEAN TOTAL RETURN %
History (S&P 500 incl. dividends, every 3¼-year stretch since 1871, Shiller data; FINDINGS F13): median 10.0%/yr │ top 25% 16.1% │ top 10% 22.5% │ top 5% 26.6% │ best 40.2% (1926-29). Since 1950: median 11.7%, top 10% 21.5%. Overlapping stretches (about 46 separate ones since 1871), and history ignores today's starting valuation.