{"schemaVersion":1,"ticker":"DECM","asOf":"2026-10-26","desk":"buffer","cite":{"publisher":"ETFIQ","page":"https://etfiq.com/funds/decm/","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, DECM against its benchmark, data as of 2026-10-26, https://etfiq.com/funds/decm/"},"benchmark":{"ticker":"SPY","name":"State Street® SPDR® S&P 500® ETF Trust","tier":1,"kind":"reference asset","basisOnPage":"price","basisHere":"total"},"kind":"benchmark","a":"DECM","b":"SPY","window":{"from":"2025-01-03","to":"2026-10-23","firstReturn":"2025-01-10","weeklyReturns":94,"years":1.8,"short":true,"weekEnding":"2026-10-25"},"riskFree":{"rate":0.03994093,"perWeek":0.0007680948,"days":452,"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":0.11557717,"b":0.30903067,"edge":"SPY","lead":"SPY"},"annualised":{"a":0.06237143,"b":0.16063495,"edge":"SPY","lead":"SPY"},"price":{"a":0.11557717,"b":0.28384154,"edge":"SPY","lead":"SPY"},"volatility":{"a":0.0273277,"b":0.15162384,"edge":"DECM","lead":"DECM"},"downsideDeviation":{"a":0.01731858,"b":0.10055154,"edge":"DECM","lead":"DECM"},"maxDrawdown":{"a":-0.02880147,"b":-0.16877308,"edge":"DECM","lead":"DECM","aPeak":"2025-02-14","aTrough":"2025-04-04","bPeak":"2025-02-14","bTrough":"2025-04-04"},"excess":{"a":0.02096681,"b":0.12066912,"edge":"SPY","lead":"SPY"},"sharpe":{"a":0.76723662,"b":0.7958453,"edge":"SPY (slight)","lead":"SPY"},"sortino":{"a":1.2106543,"b":1.20007226,"edge":"Tie"},"calmar":{"a":2.16556409,"b":0.95178067,"edge":"DECM","lead":"DECM"}},"relative":{"DECM":{"on":"SPY","beta":0.17316296,"r2":0.92307861,"alpha":7.139e-05,"alphaT":0.01251957,"alphaLow":-0.01125436,"alphaHigh":0.01139715,"upsideCapture":0.1519523,"downsideCapture":0.18342723,"treynor":0.12108141,"trackingError":0.1255971,"informationRatio":-0.79382646,"upWeeks":52,"downWeeks":42,"treynorReference":0.12066912,"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":"DECM","lead":"DECM"},"treynor":{"edge":"Tie"},"informationRatio":{"edge":null,"lead":"SPY","note":"one number for the pair: its sign says which side it favours"},"trackingError":{"edge":null,"neutral":true}}}},"sources":{"DECM":{"kept":"2026-10-26","distributions":0,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":8,"agree":8},"vendor":{"weeks":94,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.11557717}},"SPY":{"kept":"2026-10-26","distributions":7,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":9,"agree":9},"vendor":{"weeks":94,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.30903067}}}}