{"schemaVersion":1,"ticker":"CAGE","asOf":"2026-10-26","desk":"income","cite":{"publisher":"ETFIQ","page":"https://etfiq.com/funds/cage/","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, CAGE against its benchmark, data as of 2026-10-26, https://etfiq.com/funds/cage/"},"benchmark":{"ticker":"SPY","name":"S&P 500 (SPY)","tier":1,"kind":"index","basisOnPage":"total","basisHere":"total"},"tax":{"estimate":{"label":"issuer's Rule 19a-1 estimate","status":"not-read"}},"kind":"benchmark","a":"CAGE","b":"SPY","window":{"from":"2026-04-24","to":"2026-10-23","firstReturn":"2026-05-01","weeklyReturns":26,"years":0.5,"short":true,"weekEnding":"2026-10-25","cumulativeOnly":"26 weekly returns, 2026-04-24 to 2026-10-23: cumulative numbers only, nothing annualised"},"riskFree":{"rate":0.03858413,"perWeek":0.0007420024,"days":126,"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":0.1069353,"b":0.06983306,"edge":"CAGE","lead":"CAGE"},"annualised":{"a":null,"b":null,"absent":"26 weekly returns, under the 52 an annualised number needs"},"price":{"a":0.1069353,"b":0.06447321,"edge":"CAGE","lead":"CAGE"},"volatility":{"a":null,"b":null,"absent":"26 weekly returns, under the 52 an annualised number needs"},"downsideDeviation":{"a":null,"b":null,"absent":"26 weekly returns, under the 52 an annualised number needs"},"maxDrawdown":{"a":-0.0518153,"b":-0.03388289,"edge":"SPY","lead":"SPY","aPeak":"2026-05-29","aTrough":"2026-06-26","bPeak":"2026-05-29","bTrough":"2026-06-26"},"excess":{"a":null,"b":null,"absent":"26 weekly returns, under the 52 an annualised number needs"},"sharpe":{"a":null,"b":null,"absent":"26 weekly returns, under the 52 an annualised number needs"},"sortino":{"a":null,"b":null,"absent":"26 weekly returns, under the 52 an annualised number needs"},"calmar":{"a":null,"b":null,"absent":"26 weekly returns, under the 52 an annualised number needs"}},"relative":{"CAGE":{"on":"SPY","beta":1.6452783,"r2":0.95974396,"alpha":null,"alphaT":null,"alphaLow":null,"alphaHigh":null,"upsideCapture":null,"downsideCapture":null,"treynor":null,"trackingError":null,"informationRatio":null,"upWeeks":16,"downWeeks":10,"absent":"26 weekly returns: alpha, Treynor, the captures, tracking error and the information ratio need 52","edges":{"beta":{"edge":"Higher beta","neutral":true},"r2":{"edge":"Good fit","neutral":true}}}},"sources":{"CAGE":{"kept":"2026-10-26","distributions":0,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"vendor":{"weeks":26,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.1069353}},"SPY":{"kept":"2026-10-26","distributions":2,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":9,"agree":9},"vendor":{"weeks":26,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.06983306}}}}