{"schemaVersion":1,"ticker":"FMF","asOf":"2026-10-30","desk":"alternatives","cite":{"publisher":"ETFIQ","page":"https://etfiq.com/funds/fmf/","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, FMF against its benchmark, data as of 2026-10-30, https://etfiq.com/funds/fmf/"},"benchmark":{"ticker":null,"name":null,"tier":null,"kind":null,"basisOnPage":null,"basisHere":"total"},"stated":{"index":"S&P 500 Index","namedIn":"its shareholder report","status":"priced","via":"VOO","r2":0.0369,"oneYear":{"from":"2025-10-30","to":"2026-10-30","fund":13.11046071,"ref":12.41511385,"gap":0.69534686}},"absent":"no ETF prices its benchmark (none named)","notMeasured":"no priced benchmark","secondary":{"benchmark":{"ticker":"VOO","name":"S&P 500 Index","namedIn":"its shareholder report","role":"secondary","basisHere":"total"},"kind":"benchmark","a":"FMF","b":"VOO","window":{"from":"2013-08-09","to":"2026-10-30","firstReturn":"2013-08-16","weeklyReturns":690,"years":13.22,"short":false,"weekEnding":"2026-11-01"},"riskFree":{"rate":0.01932005,"perWeek":0.0003715394,"days":3307,"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":0.33836109,"b":4.62834649,"edge":"VOO","lead":"VOO"},"annualised":{"a":0.02220702,"b":0.13907007,"edge":"VOO","lead":"VOO"},"price":{"a":0.05347062,"b":3.479755,"edge":"VOO","lead":"VOO"},"volatility":{"a":0.07941173,"b":0.15989899,"edge":"FMF","lead":"FMF"},"downsideDeviation":{"a":0.05726046,"b":0.11101311,"edge":"FMF","lead":"FMF"},"maxDrawdown":{"a":-0.17725564,"b":-0.31777419,"edge":"FMF","lead":"FMF","aPeak":"2015-04-24","aTrough":"2020-03-13","bPeak":"2020-02-14","bTrough":"2020-03-20"},"excess":{"a":0.00580083,"b":0.12392718,"edge":"VOO","lead":"VOO"},"sharpe":{"a":0.0730475,"b":0.77503415,"edge":"VOO","lead":"VOO"},"sortino":{"a":0.10130601,"b":1.11632925,"edge":"VOO","lead":"VOO"},"calmar":{"a":0.12528242,"b":0.43763802,"edge":"VOO","lead":"VOO"}},"relative":{"FMF":{"on":"VOO","beta":0.06009998,"r2":0.01464437,"alpha":-0.00164719,"alphaT":-0.07562631,"alphaLow":-0.04441176,"alphaHigh":0.04111737,"upsideCapture":0.06125886,"downsideCapture":0.0887077,"treynor":0.09651965,"trackingError":0.16970762,"informationRatio":-0.69605803,"upWeeks":405,"downWeeks":284,"treynorReference":0.12392718,"edges":{"beta":{"edge":"Lower beta","neutral":true},"r2":{"edge":null,"neutral":true},"alpha":{"edge":"Not significant"},"alphaRange":{"edge":"Includes zero"},"upsideCapture":{"edge":"VOO","lead":"VOO"},"downsideCapture":{"edge":"FMF","lead":"FMF"},"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":{"FMF":{"kept":"2026-11-01","distributions":25,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":10,"agree":10},"vendor":{"weeks":690,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.33836109}},"VOO":{"kept":"2026-11-01","distributions":53,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[{"ex":"2020-03-10","amount":1.178,"vendor":1.120751}],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":11,"agree":11},"vendor":{"weeks":690,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":4.62834649}}}}}