{"schemaVersion":1,"ticker":"FLCE","asOf":"2026-11-09","desk":"core","cite":{"publisher":"ETFIQ","page":"https://etfiq.com/funds/flce/","methodology":"https://etfiq.com/methodology/","as_of":"2026-11-09","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, FLCE against its benchmark, data as of 2026-11-09, https://etfiq.com/funds/flce/"},"benchmark":{"ticker":"VOO","name":"S&P 500 Index","tier":1,"kind":"index","basisOnPage":"total","basisHere":"total"},"kind":"benchmark","a":"FLCE","b":"VOO","window":{"from":"2024-12-27","to":"2026-11-06","firstReturn":"2025-01-03","weeklyReturns":97,"years":1.86,"short":true,"weekEnding":"2026-11-08"},"riskFree":{"rate":0.03999592,"perWeek":0.0007691524,"days":466,"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":0.22150064,"b":0.2617427,"edge":"VOO","lead":"VOO"},"annualised":{"a":0.11322305,"b":0.13273593,"edge":"VOO","lead":"VOO"},"price":{"a":0.21719859,"b":0.23563281,"edge":"VOO (slight)","lead":"VOO"},"volatility":{"a":0.13804974,"b":0.1498145,"edge":"FLCE (slight)","lead":"FLCE"},"downsideDeviation":{"a":0.09367884,"b":0.10017241,"edge":"FLCE (slight)","lead":"FLCE"},"maxDrawdown":{"a":-0.15657538,"b":-0.1668507,"edge":"FLCE (slight)","lead":"FLCE","aPeak":"2025-02-14","aTrough":"2025-04-04","bPeak":"2025-02-14","bTrough":"2025-04-04"},"excess":{"a":0.07685745,"b":0.09594378,"edge":"VOO","lead":"VOO"},"sharpe":{"a":0.5567374,"b":0.64041718,"edge":"VOO","lead":"VOO"},"sortino":{"a":0.82043559,"b":0.95778646,"edge":"VOO","lead":"VOO"},"calmar":{"a":0.72312165,"b":0.79553716,"edge":"VOO (slight)","lead":"VOO"}},"relative":{"FLCE":{"on":"VOO","beta":0.91307954,"r2":0.98186948,"alpha":-0.01074685,"alphaT":-0.78239721,"alphaLow":-0.03801586,"alphaHigh":0.01652216,"upsideCapture":0.86532899,"downsideCapture":0.94629323,"treynor":0.08417388,"trackingError":0.02269576,"informationRatio":-0.8409645,"upWeeks":52,"downWeeks":45,"treynorReference":0.09594378,"edges":{"beta":{"edge":"Lower beta","neutral":true},"r2":{"edge":"Good fit","neutral":true},"alpha":{"edge":"Not significant"},"alphaRange":{"edge":"Includes zero"},"upsideCapture":{"edge":"VOO","lead":"VOO"},"downsideCapture":{"edge":"FLCE (slight)","lead":"FLCE"},"treynor":{"edge":"VOO","lead":"VOO"},"informationRatio":{"edge":null,"lead":"VOO","note":"one number for the pair: its sign says which side it favours"},"trackingError":{"edge":null,"neutral":true}}}},"sources":{"FLCE":{"kept":"2026-11-10","distributions":6,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"vendor":{"weeks":97,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.22150064}},"VOO":{"kept":"2026-11-10","distributions":7,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":16,"agree":16},"vendor":{"weeks":97,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.2617427}}}}