{"schemaVersion":1,"ticker":"BMAR","asOf":"2026-10-26","desk":"buffer","cite":{"publisher":"ETFIQ","page":"https://etfiq.com/funds/bmar/","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, BMAR against its benchmark, data as of 2026-10-26, https://etfiq.com/funds/bmar/"},"benchmark":{"ticker":"SPY","name":"SPY","tier":1,"kind":"reference asset","basisOnPage":"price","basisHere":"total"},"kind":"benchmark","a":"BMAR","b":"SPY","window":{"from":"2020-03-13","to":"2026-10-23","firstReturn":"2020-03-20","weeklyReturns":345,"years":6.61,"short":false,"weekEnding":"2026-10-25"},"riskFree":{"rate":0.02984804,"perWeek":0.0005740007,"days":1655,"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":1.44987977,"b":2.10526106,"edge":"SPY","lead":"SPY"},"annualised":{"a":0.1445999,"b":0.18623658,"edge":"SPY","lead":"SPY"},"price":{"a":1.44987977,"b":1.82181049,"edge":"SPY","lead":"SPY"},"volatility":{"a":0.12224176,"b":0.18080594,"edge":"BMAR","lead":"BMAR"},"downsideDeviation":{"a":0.08072741,"b":0.11815508,"edge":"BMAR","lead":"BMAR"},"maxDrawdown":{"a":-0.13912224,"b":-0.23927987,"edge":"BMAR","lead":"BMAR","aPeak":"2022-04-01","aTrough":"2022-10-14","bPeak":"2021-12-31","bTrough":"2022-09-30"},"excess":{"a":0.11285759,"b":0.1575509,"edge":"SPY","lead":"SPY"},"sharpe":{"a":0.9232327,"b":0.8713812,"edge":"BMAR (slight)","lead":"BMAR"},"sortino":{"a":1.39800832,"b":1.33342463,"edge":"BMAR (slight)","lead":"BMAR"},"calmar":{"a":1.03937303,"b":0.77832112,"edge":"BMAR","lead":"BMAR"}},"relative":{"BMAR":{"on":"SPY","beta":0.65570297,"r2":0.94059027,"alpha":0.009551,"alphaT":0.81850119,"alphaLow":-0.01340059,"alphaHigh":0.0325026,"upsideCapture":0.51804252,"downsideCapture":0.6733968,"treynor":0.17211695,"trackingError":0.06901408,"informationRatio":-0.6475969,"upWeeks":195,"downWeeks":150,"treynorReference":0.1575509,"edges":{"beta":{"edge":"Lower beta","neutral":true},"r2":{"edge":"Good fit","neutral":true},"alpha":{"edge":"Not significant"},"alphaRange":{"edge":"Includes zero"},"upsideCapture":{"edge":"SPY","lead":"SPY"},"downsideCapture":{"edge":"BMAR","lead":"BMAR"},"treynor":{"edge":"BMAR (slight)","lead":"BMAR"},"informationRatio":{"edge":null,"lead":"SPY","note":"one number for the pair: its sign says which side it favours"},"trackingError":{"edge":null,"neutral":true}}}},"sources":{"BMAR":{"kept":"2026-10-26","distributions":0,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":8,"agree":8},"vendor":{"weeks":345,"beyond":0,"tolerance":0.0005,"worst":0.000152,"vendorTotal":1.44987977}},"SPY":{"kept":"2026-10-26","distributions":27,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[{"ex":"2020-03-20","amount":1.405559,"vendor":1.468475}],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":9,"agree":9},"vendor":{"weeks":345,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":2.10526106}}}}