{"schemaVersion":1,"ticker":"FNDX","asOf":"2026-10-26","desk":"core","cite":{"publisher":"ETFIQ","page":"https://etfiq.com/funds/fndx/","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, FNDX against its benchmark, data as of 2026-10-26, https://etfiq.com/funds/fndx/"},"benchmark":{"ticker":"IWB","name":"Russell 1000 Index","tier":1,"kind":"index","basisOnPage":"total","basisHere":"total"},"kind":"benchmark","a":"FNDX","b":"IWB","window":{"from":"2013-08-23","to":"2026-10-23","firstReturn":"2013-08-30","weeklyReturns":687,"years":13.17,"short":false,"weekEnding":"2026-10-25"},"riskFree":{"rate":0.01934405,"perWeek":0.0003720009,"days":3292,"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":4.18704339,"b":4.5076918,"edge":"IWB (slight)","lead":"IWB"},"annualised":{"a":0.13269581,"b":0.13785006,"edge":"IWB (slight)","lead":"IWB"},"price":{"a":2.98858075,"b":3.4670897,"edge":"IWB","lead":"IWB"},"volatility":{"a":0.15940972,"b":0.16287278,"edge":"FNDX (slight)","lead":"FNDX"},"downsideDeviation":{"a":0.11239053,"b":0.11313525,"edge":"Tie"},"maxDrawdown":{"a":-0.35211592,"b":-0.32709333,"edge":"IWB (slight)","lead":"IWB","aPeak":"2020-01-17","aTrough":"2020-03-20","bPeak":"2020-02-14","bTrough":"2020-03-20"},"excess":{"a":0.11823996,"b":0.12331496,"edge":"IWB (slight)","lead":"IWB"},"sharpe":{"a":0.74173622,"b":0.75712442,"edge":"IWB (slight)","lead":"IWB"},"sortino":{"a":1.05204561,"b":1.08997821,"edge":"IWB (slight)","lead":"IWB"},"calmar":{"a":0.37685264,"b":0.42143953,"edge":"IWB","lead":"IWB"}},"relative":{"FNDX":{"on":"IWB","beta":0.92634035,"r2":0.89579495,"alpha":0.00400834,"alphaT":0.28137197,"alphaLow":-0.02396212,"alphaHigh":0.03197879,"upsideCapture":0.86359308,"downsideCapture":0.92083228,"treynor":0.12764203,"trackingError":0.05283875,"informationRatio":-0.09604693,"upWeeks":409,"downWeeks":277,"treynorReference":0.12331496,"edges":{"beta":{"edge":"Lower beta","neutral":true},"r2":{"edge":"Good fit","neutral":true},"alpha":{"edge":"Not significant"},"alphaRange":{"edge":"Includes zero"},"upsideCapture":{"edge":"IWB","lead":"IWB"},"downsideCapture":{"edge":"FNDX (slight)","lead":"FNDX"},"treynor":{"edge":"FNDX (slight)","lead":"FNDX"},"informationRatio":{"edge":null,"lead":"IWB","note":"one number for the pair: its sign says which side it favours"},"trackingError":{"edge":null,"neutral":true}}}},"sources":{"FNDX":{"kept":"2026-10-26","distributions":54,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"vendor":{"weeks":687,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":4.18704339}},"IWB":{"kept":"2026-10-26","distributions":54,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"vendor":{"weeks":687,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":4.5076918}}}}