IFEB

IFEB is acting as a structural safe haven, diverging from the 'Tech sell-off' by offering International (EAFE) exposure with a downside buffer. The ETF's 'Perfect Stack' and extremely low realized volatility (5.2%) confirm institutional accumulation following its annual reset on February 1st, which locked in new protection levels. In a 'Caution' regime dominated by rising yields and US tech jitters, capital is rotating into this defined-outcome vehicle to prioritize capital preservation over uncapped alpha.