{"schemaVersion":1,"ticker":"GLDM","asOf":"2026-10-26","desk":"core","cite":{"publisher":"ETFIQ","page":"https://etfiq.com/funds/gldm/","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, GLDM against its benchmark, data as of 2026-10-26, https://etfiq.com/funds/gldm/"},"benchmark":{"ticker":"GLD","name":"the price of gold","tier":1,"kind":"physical","basisOnPage":"total","basisHere":"total"},"kind":"benchmark","a":"GLDM","b":"GLD","window":{"from":"2018-07-06","to":"2026-10-23","firstReturn":"2018-07-13","weeklyReturns":433,"years":8.3,"short":false,"weekEnding":"2026-10-25"},"riskFree":{"rate":0.02796357,"perWeek":0.0005377609,"days":2075,"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":2.15083221,"b":2.08438499,"edge":"GLDM (slight)","lead":"GLDM"},"annualised":{"a":0.14777584,"b":0.14484164,"edge":"Tie"},"price":{"a":2.15083221,"b":2.08438499,"edge":"GLDM (slight)","lead":"GLDM"},"volatility":{"a":0.1604345,"b":0.16080439,"edge":"Tie"},"downsideDeviation":{"a":0.10534997,"b":0.10594455,"edge":"Tie"},"maxDrawdown":{"a":-0.24015748,"b":-0.24214987,"edge":"Tie","aPeak":"2026-02-27","aTrough":"2026-10-23","bPeak":"2026-02-27","bTrough":"2026-10-23"},"excess":{"a":0.12287771,"b":0.1203731,"edge":"GLDM (slight)","lead":"GLDM"},"sharpe":{"a":0.76590581,"b":0.74856845,"edge":"GLDM (slight)","lead":"GLDM"},"sortino":{"a":1.16637637,"b":1.13618959,"edge":"GLDM (slight)","lead":"GLDM"},"calmar":{"a":0.61532889,"b":0.59814875,"edge":"GLDM (slight)","lead":"GLDM"}},"relative":{"GLDM":{"on":"GLD","beta":0.99704975,"r2":0.9986975,"alpha":0.00285975,"alphaT":1.41595026,"alphaLow":-0.00110987,"alphaHigh":0.00682937,"upsideCapture":1.00022864,"downsideCapture":0.99557628,"treynor":0.12324131,"trackingError":0.0058095,"informationRatio":0.43112428,"upWeeks":244,"downWeeks":189,"treynorReference":0.1203731,"edges":{"beta":{"edge":"Tie","neutral":true},"r2":{"edge":"Good fit","neutral":true},"alpha":{"edge":"Not significant"},"alphaRange":{"edge":"Includes zero"},"upsideCapture":{"edge":"Tie"},"downsideCapture":{"edge":"Tie"},"treynor":{"edge":"GLDM (slight)","lead":"GLDM"},"informationRatio":{"edge":null,"lead":"GLDM","note":"one number for the pair: its sign says which side it favours"},"trackingError":{"edge":null,"neutral":true}}}},"sources":{"GLDM":{"kept":"2026-10-26","distributions":0,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":7,"agree":7},"vendor":{"weeks":433,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":2.15083221}},"GLD":{"kept":"2026-10-26","distributions":0,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":7,"agree":7},"vendor":{"weeks":433,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":2.08438499}}}}