{"schemaVersion":1,"ticker":"GMAR","asOf":"2026-10-26","desk":"buffer","cite":{"publisher":"ETFIQ","page":"https://etfiq.com/funds/gmar/","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, GMAR against its benchmark, data as of 2026-10-26, https://etfiq.com/funds/gmar/"},"benchmark":{"ticker":"SPY","name":"State Street® SPDR® S&P 500® ETF Trust","tier":1,"kind":"reference asset","basisOnPage":"price","basisHere":"total"},"kind":"benchmark","a":"GMAR","b":"SPY","window":{"from":"2023-03-31","to":"2026-10-23","firstReturn":"2023-04-06","weeklyReturns":186,"years":3.56,"short":false,"weekEnding":"2026-10-25"},"riskFree":{"rate":0.04596962,"perWeek":0.0008840311,"days":892,"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":0.49108542,"b":0.93888824,"edge":"SPY","lead":"SPY"},"annualised":{"a":0.11816548,"b":0.20334761,"edge":"SPY","lead":"SPY"},"price":{"a":0.49108542,"b":0.85634725,"edge":"SPY","lead":"SPY"},"volatility":{"a":0.06106291,"b":0.13780123,"edge":"GMAR","lead":"GMAR"},"downsideDeviation":{"a":0.04029468,"b":0.08846782,"edge":"GMAR","lead":"GMAR"},"maxDrawdown":{"a":-0.08168058,"b":-0.16877308,"edge":"GMAR","lead":"GMAR","aPeak":"2025-02-14","aTrough":"2025-04-04","bPeak":"2025-02-14","bTrough":"2025-04-04"},"excess":{"a":0.06769817,"b":0.14892171,"edge":"SPY","lead":"SPY"},"sharpe":{"a":1.10866266,"b":1.08069943,"edge":"GMAR (slight)","lead":"GMAR"},"sortino":{"a":1.68007725,"b":1.68334334,"edge":"Tie"},"calmar":{"a":1.44667774,"b":1.20485808,"edge":"GMAR","lead":"GMAR"}},"relative":{"GMAR":{"on":"SPY","beta":0.41456926,"r2":0.87527671,"alpha":0.00595981,"alphaT":0.5154776,"alphaLow":-0.01685077,"alphaHigh":0.02877039,"upsideCapture":0.32229978,"downsideCapture":0.37240201,"treynor":0.16329761,"trackingError":0.08350568,"informationRatio":-0.97267087,"upWeeks":109,"downWeeks":77,"treynorReference":0.14892171,"edges":{"beta":{"edge":"Lower beta","neutral":true},"r2":{"edge":"Good fit","neutral":true},"alpha":{"edge":"Not significant"},"alphaRange":{"edge":"Includes zero"},"upsideCapture":{"edge":"SPY","lead":"SPY"},"downsideCapture":{"edge":"GMAR","lead":"GMAR"},"treynor":{"edge":"GMAR (slight)","lead":"GMAR"},"informationRatio":{"edge":null,"lead":"SPY","note":"one number for the pair: its sign says which side it favours"},"trackingError":{"edge":null,"neutral":true}}}},"sources":{"GMAR":{"kept":"2026-10-26","distributions":0,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":8,"agree":8},"vendor":{"weeks":186,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.49108542}},"SPY":{"kept":"2026-10-26","distributions":14,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":9,"agree":9},"vendor":{"weeks":186,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.93888824}}}}