{"schemaVersion":1,"ticker":"AIRR","asOf":"2026-10-26","desk":"themes","cite":{"publisher":"ETFIQ","page":"https://etfiq.com/funds/airr/","methodology":"https://etfiq.com/methodology/","as_of":"2026-10-26","credit":"Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records; risk-free rate: U.S. Treasury, Daily Treasury Bill Rates, 13-week coupon equivalent","class":"mixed","license":"https://etfiq.com/license/","license_text":"Only the numbers in etfiq_fields are ETFIQ's, free to use with attribution: ETFIQ (etfiq.com). Every other number stays under its owner's terms: issuer_fields as the issuer published them, vendor_fields from an end-of-day data vendor.","fields_note":"Not yet classed field by field: only data ETFIQ computes is covered by its licence.","cite_as":"ETFIQ, Risk and return scorecard, AIRR against its benchmark, data as of 2026-10-26, https://etfiq.com/funds/airr/"},"benchmark":{"ticker":"VOO","name":"S&P 500 Index","tier":1,"kind":"index","basisOnPage":"total","basisHere":"total"},"kind":"benchmark","a":"AIRR","b":"VOO","window":{"from":"2014-03-21","to":"2026-10-23","firstReturn":"2014-03-28","weeklyReturns":657,"years":12.59,"short":false,"weekEnding":"2026-10-25"},"riskFree":{"rate":0.02019413,"perWeek":0.0003883486,"days":3150,"series":"13-week Treasury bill, coupon equivalent, average of daily yields","source":"U.S. Department of the Treasury, Daily Treasury Bill Rates","url":"https://home.treasury.gov/resource-center/data-chart-center/interest-rates/TextView?type=daily_treasury_bill_rates"},"measures":{"total":{"a":3.94704971,"b":4.06679849,"edge":"VOO (slight)","lead":"VOO"},"annualised":{"a":0.13489549,"b":0.13704592,"edge":"Tie"},"price":{"a":3.80744093,"b":3.07525376,"edge":"AIRR","lead":"AIRR"},"volatility":{"a":0.25221173,"b":0.16249645,"edge":"VOO","lead":"VOO"},"downsideDeviation":{"a":0.16730933,"b":0.11301181,"edge":"VOO","lead":"VOO"},"maxDrawdown":{"a":-0.40608016,"b":-0.31777419,"edge":"VOO","lead":"VOO","aPeak":"2020-01-17","aTrough":"2020-03-20","bPeak":"2020-02-14","bTrough":"2020-03-20"},"excess":{"a":0.1382333,"b":0.1216922,"edge":"AIRR","lead":"AIRR"},"sharpe":{"a":0.54808434,"b":0.74889147,"edge":"VOO","lead":"VOO"},"sortino":{"a":0.82621393,"b":1.07680963,"edge":"VOO","lead":"VOO"},"calmar":{"a":0.33218931,"b":0.43126826,"edge":"VOO","lead":"VOO"}},"relative":{"AIRR":{"on":"VOO","beta":1.20471233,"r2":0.60245402,"alpha":-0.0083708,"alphaT":-0.18596228,"alphaLow":-0.09675885,"alphaHigh":0.08001725,"upsideCapture":1.25318817,"downsideCapture":1.12913161,"treynor":0.11474382,"trackingError":0.16246465,"informationRatio":0.10181349,"upWeeks":384,"downWeeks":272,"treynorReference":0.1216922,"edges":{"beta":{"edge":"Higher beta","neutral":true},"r2":{"edge":null,"neutral":true},"alpha":{"edge":"Not significant"},"alphaRange":{"edge":"Includes zero"},"upsideCapture":{"edge":"AIRR","lead":"AIRR"},"downsideCapture":{"edge":"VOO","lead":"VOO"},"treynor":{"edge":"VOO (slight)","lead":"VOO"},"informationRatio":{"edge":null,"lead":"AIRR","note":"one number for the pair: its sign says which side it favours"},"trackingError":{"edge":null,"neutral":true}}}},"sources":{"AIRR":{"kept":"2026-10-26","distributions":38,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":7,"agree":7},"vendor":{"weeks":657,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":3.94704971}},"VOO":{"kept":"2026-10-26","distributions":51,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[{"ex":"2020-03-10","amount":1.178,"vendor":1.120751}],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":7,"agree":7},"vendor":{"weeks":657,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":4.06679849}}}}