{"schemaVersion":1,"ticker":"DRGN","asOf":"2026-10-26","desk":"themes","cite":{"publisher":"ETFIQ","page":"https://etfiq.com/funds/drgn/","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, DRGN against its benchmark, data as of 2026-10-26, https://etfiq.com/funds/drgn/"},"benchmark":{"ticker":"ACWI","name":"MSCI ACWI Net Total Return Index","tier":1,"kind":"index","basisOnPage":"total","basisHere":"total"},"kind":"benchmark","a":"DRGN","b":"ACWI","window":{"from":"2025-07-25","to":"2026-10-23","firstReturn":"2025-08-01","weeklyReturns":65,"years":1.25,"short":true,"weekEnding":"2026-10-25"},"riskFree":{"rate":0.03846901,"perWeek":0.0007397886,"days":313,"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":0.09672038,"b":0.20711455,"edge":"ACWI","lead":"ACWI"},"annualised":{"a":0.07665542,"b":0.1625156,"edge":"ACWI","lead":"ACWI"},"price":{"a":0.0831294,"b":0.18895966,"edge":"ACWI","lead":"ACWI"},"volatility":{"a":0.33539671,"b":0.12134604,"edge":"ACWI","lead":"ACWI"},"downsideDeviation":{"a":0.22601917,"b":0.07685268,"edge":"ACWI","lead":"ACWI"},"maxDrawdown":{"a":-0.25381978,"b":-0.08859988,"edge":"ACWI","lead":"ACWI","aPeak":"2026-07-10","aTrough":"2026-10-16","bPeak":"2026-02-20","bTrough":"2026-03-27"},"excess":{"a":0.09086931,"b":0.11956521,"edge":"ACWI","lead":"ACWI"},"sharpe":{"a":0.27093084,"b":0.98532437,"edge":"ACWI","lead":"ACWI"},"sortino":{"a":0.40204251,"b":1.55577156,"edge":"ACWI","lead":"ACWI"},"calmar":{"a":0.30200727,"b":1.83426433,"edge":"ACWI","lead":"ACWI"}},"relative":{"DRGN":{"on":"ACWI","beta":1.80089102,"r2":0.4245301,"alpha":-0.1244546,"alphaT":-0.53752307,"alphaLow":-0.58713739,"alphaHigh":0.33822819,"upsideCapture":1.58334734,"downsideCapture":1.45248854,"treynor":0.05045797,"trackingError":0.27236019,"informationRatio":-0.1053601,"upWeeks":39,"downWeeks":26,"treynorReference":0.11956521,"edges":{"beta":{"edge":"Higher beta","neutral":true},"r2":{"edge":null,"neutral":true},"alpha":{"edge":"Not significant"},"alphaRange":{"edge":"Includes zero"},"upsideCapture":{"edge":"DRGN","lead":"DRGN"},"downsideCapture":{"edge":"ACWI","lead":"ACWI"},"treynor":{"edge":"ACWI","lead":"ACWI"},"informationRatio":{"edge":null,"lead":"ACWI","note":"one number for the pair: its sign says which side it favours"},"trackingError":{"edge":null,"neutral":true}}}},"sources":{"DRGN":{"kept":"2026-10-26","distributions":1,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":2,"agree":2},"vendor":{"weeks":65,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.09672038}},"ACWI":{"kept":"2026-10-26","distributions":2,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"vendor":{"weeks":65,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.20711455}}}}