{"schemaVersion":1,"ticker":"DEMZ","asOf":"2026-10-30","desk":"core","cite":{"publisher":"ETFIQ","page":"https://etfiq.com/funds/demz/","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, DEMZ against its benchmark, data as of 2026-10-30, https://etfiq.com/funds/demz/"},"benchmark":{"ticker":"VOO","name":"S&P 500 Index","tier":1,"kind":"index","basisOnPage":"total","basisHere":"total"},"kind":"benchmark","a":"DEMZ","b":"VOO","window":{"from":"2020-11-13","to":"2026-10-30","firstReturn":"2020-11-20","weeklyReturns":311,"years":5.96,"short":false,"weekEnding":"2026-11-01"},"riskFree":{"rate":0.03313414,"perWeek":0.000637195,"days":1491,"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":1.31596067,"b":1.29733831,"edge":"Tie"},"annualised":{"a":0.15075797,"b":0.14920562,"edge":"Tie"},"price":{"a":1.17980177,"b":1.11182031,"edge":"DEMZ (slight)","lead":"DEMZ"},"volatility":{"a":0.16843762,"b":0.15501179,"edge":"VOO (slight)","lead":"VOO"},"downsideDeviation":{"a":0.10930865,"b":0.10221363,"edge":"VOO (slight)","lead":"VOO"},"maxDrawdown":{"a":-0.2666106,"b":-0.23914698,"edge":"VOO","lead":"VOO","aPeak":"2021-12-31","aTrough":"2022-10-14","bPeak":"2021-12-31","bTrough":"2022-09-30"},"excess":{"a":0.12158372,"b":0.1180927,"edge":"DEMZ (slight)","lead":"DEMZ"},"sharpe":{"a":0.72183234,"b":0.76183042,"edge":"VOO (slight)","lead":"VOO"},"sortino":{"a":1.11229735,"b":1.15535175,"edge":"VOO (slight)","lead":"VOO"},"calmar":{"a":0.56546128,"b":0.62390762,"edge":"VOO (slight)","lead":"VOO"}},"relative":{"DEMZ":{"on":"VOO","beta":1.03130872,"r2":0.90080062,"alpha":-0.00020631,"alphaT":-0.00944251,"alphaLow":-0.04319825,"alphaHigh":0.04278563,"upsideCapture":1.04909534,"downsideCapture":1.02562331,"treynor":0.11789265,"trackingError":0.05327253,"informationRatio":0.06553135,"upWeeks":175,"downWeeks":136,"treynorReference":0.1180927,"edges":{"beta":{"edge":"Higher beta","neutral":true},"r2":{"edge":"Good fit","neutral":true},"alpha":{"edge":"Not significant"},"alphaRange":{"edge":"Includes zero"},"upsideCapture":{"edge":"DEMZ (slight)","lead":"DEMZ"},"downsideCapture":{"edge":"VOO (slight)","lead":"VOO"},"treynor":{"edge":"Tie"},"informationRatio":{"edge":null,"lead":"DEMZ","note":"one number for the pair: its sign says which side it favours"},"trackingError":{"edge":null,"neutral":true}}}},"sources":{"DEMZ":{"kept":"2026-11-01","distributions":6,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"vendor":{"weeks":311,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":1.31596067}},"VOO":{"kept":"2026-11-01","distributions":24,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":11,"agree":11},"vendor":{"weeks":311,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":1.29733831}}}}