リスクコントロール指標 | 指数・指標の説明（ETF） | 日本取引所グループ

This page explains risk control indicators provided by Japan Exchange Group. A risk control indicator is an index representing an investment strategy that adjusts the cash holding ratio in a portfolio tracking a base index to reduce earnings volatility. For example, by incorporating cash into a TOPIX-linked portfolio, price fluctuations are stabilized compared to stock-only portfolios. During market surges or crashes, the cash ratio is increased to adjust volatility. Compared to base indices, price movements are smaller, limiting both profits and losses. It is unsuitable for short-term investment, and currently no risk control indicator-linked ETFs are listed on TSE.