{"schemaVersion":1,"ticker":"AVLV","asOf":"2026-10-26","desk":"core","cite":{"publisher":"ETFIQ","page":"https://etfiq.com/funds/avlv/","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, AVLV against its benchmark, data as of 2026-10-26, https://etfiq.com/funds/avlv/"},"benchmark":{"ticker":"IWD","name":"Russell 1000 Value","tier":1,"kind":"index","basisOnPage":"total","basisHere":"total"},"kind":"benchmark","a":"AVLV","b":"IWD","window":{"from":"2021-10-01","to":"2026-10-23","firstReturn":"2021-10-08","weeklyReturns":264,"years":5.06,"short":false,"weekEnding":"2026-10-25"},"riskFree":{"rate":0.03883663,"perWeek":0.0007468583,"days":1264,"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":1.00282477,"b":0.78539548,"edge":"AVLV","lead":"AVLV"},"annualised":{"a":0.14660682,"b":0.12094436,"edge":"AVLV","lead":"AVLV"},"price":{"a":0.84453751,"b":0.62358877,"edge":"AVLV","lead":"AVLV"},"volatility":{"a":0.16030498,"b":0.1440467,"edge":"IWD","lead":"IWD"},"downsideDeviation":{"a":0.11167235,"b":0.09976988,"edge":"IWD","lead":"IWD"},"maxDrawdown":{"a":-0.18299915,"b":-0.1855906,"edge":"Tie","aPeak":"2022-03-25","aTrough":"2022-09-30","bPeak":"2022-01-14","bTrough":"2022-09-30"},"excess":{"a":0.11103535,"b":0.08583559,"edge":"AVLV","lead":"AVLV"},"sharpe":{"a":0.69265067,"b":0.59588727,"edge":"AVLV","lead":"AVLV"},"sortino":{"a":0.99429578,"b":0.86033575,"edge":"AVLV","lead":"AVLV"},"calmar":{"a":0.8011339,"b":0.65167284,"edge":"AVLV","lead":"AVLV"}},"relative":{"AVLV":{"on":"IWD","beta":1.06302679,"r2":0.91243303,"alpha":0.01978982,"alphaT":0.93500579,"alphaLow":-0.02188621,"alphaHigh":0.06146585,"upsideCapture":1.08269022,"downsideCapture":1.00552435,"treynor":0.10445207,"trackingError":0.04829796,"informationRatio":0.52175613,"upWeeks":152,"downWeeks":111,"treynorReference":0.08583559,"edges":{"beta":{"edge":"Higher beta","neutral":true},"r2":{"edge":"Good fit","neutral":true},"alpha":{"edge":"Not significant"},"alphaRange":{"edge":"Includes zero"},"upsideCapture":{"edge":"AVLV (slight)","lead":"AVLV"},"downsideCapture":{"edge":"Tie"},"treynor":{"edge":"AVLV","lead":"AVLV"},"informationRatio":{"edge":null,"lead":"AVLV","note":"one number for the pair: its sign says which side it favours"},"trackingError":{"edge":null,"neutral":true}}}},"sources":{"AVLV":{"kept":"2026-10-26","distributions":20,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":7,"agree":7},"vendor":{"weeks":264,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":1.00282477}},"IWD":{"kept":"2026-10-26","distributions":20,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"vendor":{"weeks":264,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.78539548}}}}