{"schemaVersion":1,"ticker":"GMAY","asOf":"2026-10-26","desk":"buffer","cite":{"publisher":"ETFIQ","page":"https://etfiq.com/funds/gmay/","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, GMAY against its benchmark, data as of 2026-10-26, https://etfiq.com/funds/gmay/"},"benchmark":{"ticker":"SPY","name":"State Street® SPDR® S&P 500® ETF Trust","tier":1,"kind":"reference asset","basisOnPage":"price","basisHere":"total"},"kind":"benchmark","a":"GMAY","b":"SPY","window":{"from":"2023-06-02","to":"2026-10-23","firstReturn":"2023-06-09","weeklyReturns":177,"years":3.39,"short":false,"weekEnding":"2026-10-25"},"riskFree":{"rate":0.04566686,"perWeek":0.0008782089,"days":848,"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":0.43788795,"b":0.85492956,"edge":"SPY","lead":"SPY"},"annualised":{"a":0.11259551,"b":0.19903167,"edge":"SPY","lead":"SPY"},"price":{"a":0.43788795,"b":0.7759628,"edge":"SPY","lead":"SPY"},"volatility":{"a":0.07276912,"b":0.1405842,"edge":"GMAY","lead":"GMAY"},"downsideDeviation":{"a":0.04548309,"b":0.09051729,"edge":"GMAY","lead":"GMAY"},"maxDrawdown":{"a":-0.09552792,"b":-0.16877308,"edge":"GMAY","lead":"GMAY","aPeak":"2025-02-14","aTrough":"2025-04-04","bPeak":"2025-02-14","bTrough":"2025-04-04"},"excess":{"a":0.06376203,"b":0.14600196,"edge":"SPY","lead":"SPY"},"sharpe":{"a":0.87622371,"b":1.03853748,"edge":"SPY","lead":"SPY"},"sortino":{"a":1.40188407,"b":1.61297309,"edge":"SPY","lead":"SPY"},"calmar":{"a":1.17866598,"b":1.17928567,"edge":"Tie"}},"relative":{"GMAY":{"on":"SPY","beta":0.48445698,"r2":0.87597003,"alpha":-0.00696964,"alphaT":-0.49518193,"alphaLow":-0.03474807,"alphaHigh":0.02080878,"upsideCapture":0.37265354,"downsideCapture":0.4906668,"treynor":0.13161545,"trackingError":0.07687474,"informationRatio":-1.06979132,"upWeeks":104,"downWeeks":73,"treynorReference":0.14600196,"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":"GMAY","lead":"GMAY"},"treynor":{"edge":"SPY (slight)","lead":"SPY"},"informationRatio":{"edge":null,"lead":"SPY","note":"one number for the pair: its sign says which side it favours"},"trackingError":{"edge":null,"neutral":true}}}},"sources":{"GMAY":{"kept":"2026-10-26","distributions":0,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":8,"agree":8},"vendor":{"weeks":177,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.43788795}},"SPY":{"kept":"2026-10-26","distributions":14,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":9,"agree":9},"vendor":{"weeks":177,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.85492956}}}}