Should treasury seek to outperform ETH or a less volatile benchmark?

The Treasury Farming Committee posted a recap & analysis of its first 100 days: https://forum.piedao.org/t/treasury-farming-committee-recap-first-100-days/1156

From that analysis, the Treasury Farming Committee would like to put the following question for a community vote:

Should alpha be determined from a benchmark of the actual allocation that existed before the TFC was established which would essentially mean that fund must outperform ETH, or from a benchmark of a less volatile allocation (by including some stables) that would lose value vs. ETH during bull runs and gain value vs. ETH during bear runs?