{"schemaVersion":1,"ticker":"CSM","asOf":"2026-10-30","desk":"alternatives","cite":{"publisher":"ETFIQ","page":"https://etfiq.com/funds/csm/","methodology":"https://etfiq.com/methodology/","as_of":"2026-10-30","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, CSM against its benchmark, data as of 2026-10-30, https://etfiq.com/funds/csm/"},"benchmark":{"ticker":"IVV","name":"S&P 500 Index","tier":1,"kind":"index","basisOnPage":"total","basisHere":"total"},"kind":"benchmark","a":"CSM","b":"IVV","window":{"from":"2009-07-24","to":"2026-10-30","firstReturn":"2009-07-31","weeklyReturns":901,"years":17.27,"short":false,"weekEnding":"2026-11-01"},"riskFree":{"rate":0.01499903,"perWeek":0.0002884428,"days":4320,"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":8.79735625,"b":9.54069993,"edge":"IVV (slight)","lead":"IVV"},"annualised":{"a":0.14077636,"b":0.14560139,"edge":"IVV (slight)","lead":"IVV"},"price":{"a":6.95981575,"b":6.71602805,"edge":"CSM (slight)","lead":"CSM"},"volatility":{"a":0.16506384,"b":0.16070987,"edge":"IVV (slight)","lead":"IVV"},"downsideDeviation":{"a":0.11421612,"b":0.11056733,"edge":"IVV (slight)","lead":"IVV"},"maxDrawdown":{"a":-0.34047589,"b":-0.31825287,"edge":"IVV (slight)","lead":"IVV","aPeak":"2020-02-14","aTrough":"2020-03-20","bPeak":"2020-02-14","bTrough":"2020-03-20"},"excess":{"a":0.13059128,"b":0.13409891,"edge":"IVV (slight)","lead":"IVV"},"sharpe":{"a":0.79115621,"b":0.83441619,"edge":"IVV (slight)","lead":"IVV"},"sortino":{"a":1.14336999,"b":1.21282584,"edge":"IVV (slight)","lead":"IVV"},"calmar":{"a":0.4134694,"b":0.4575022,"edge":"IVV (slight)","lead":"IVV"}},"relative":{"CSM":{"on":"IVV","beta":1.0151065,"r2":0.97679718,"alpha":-0.0055334,"alphaT":-0.90948895,"alphaLow":-0.01747404,"alphaHigh":0.00640724,"upsideCapture":1.00200336,"downsideCapture":1.00871954,"treynor":0.12864786,"trackingError":0.02526024,"informationRatio":-0.13885977,"upWeeks":533,"downWeeks":368,"treynorReference":0.13409891,"edges":{"beta":{"edge":"Tie","neutral":true},"r2":{"edge":"Good fit","neutral":true},"alpha":{"edge":"Not significant"},"alphaRange":{"edge":"Includes zero"},"upsideCapture":{"edge":"Tie"},"downsideCapture":{"edge":"Tie"},"treynor":{"edge":"IVV (slight)","lead":"IVV"},"informationRatio":{"edge":null,"lead":"IVV","note":"one number for the pair: its sign says which side it favours"},"trackingError":{"edge":null,"neutral":true}}}},"sources":{"CSM":{"kept":"2026-11-01","distributions":67,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":11,"agree":11},"vendor":{"weeks":901,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":8.79735625}},"IVV":{"kept":"2026-11-01","distributions":71,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"vendor":{"weeks":901,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":9.54069993}}}}