{"schemaVersion":1,"ticker":"HOLD","asOf":"2026-10-30","desk":"alternatives","cite":{"publisher":"ETFIQ","page":"https://etfiq.com/funds/hold/","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, HOLD against its benchmark, data as of 2026-10-30, https://etfiq.com/funds/hold/"},"benchmark":{"ticker":"VOO","name":"S&P 500 Index","tier":1,"kind":"index","basisOnPage":"total","basisHere":"total"},"kind":"benchmark","a":"HOLD","b":"VOO","window":{"from":"2025-08-22","to":"2026-10-30","firstReturn":"2025-08-29","weeklyReturns":62,"years":1.19,"short":true,"weekEnding":"2026-11-01"},"riskFree":{"rate":0.03823255,"perWeek":0.0007352414,"days":298,"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":0.11777007,"b":0.18822798,"edge":"VOO","lead":"VOO"},"annualised":{"a":0.09787701,"b":0.15563096,"edge":"VOO","lead":"VOO"},"price":{"a":0.04248755,"b":0.17127156,"edge":"VOO","lead":"VOO"},"volatility":{"a":0.13122344,"b":0.11599515,"edge":"VOO","lead":"VOO"},"downsideDeviation":{"a":0.09325245,"b":0.06857479,"edge":"VOO","lead":"VOO"},"maxDrawdown":{"a":-0.08629322,"b":-0.08377998,"edge":"VOO (slight)","lead":"VOO","aPeak":"2026-05-29","aTrough":"2026-10-30","bPeak":"2026-01-09","bTrough":"2026-03-27"},"excess":{"a":0.06373325,"b":0.11318984,"edge":"VOO","lead":"VOO"},"sharpe":{"a":0.48568498,"b":0.97581522,"edge":"VOO","lead":"VOO"},"sortino":{"a":0.68344858,"b":1.65060428,"edge":"VOO","lead":"VOO"},"calmar":{"a":1.13423753,"b":1.85761507,"edge":"VOO","lead":"VOO"}},"relative":{"HOLD":{"on":"VOO","beta":0.65470055,"r2":0.33492093,"alpha":-0.0103722,"alphaT":-0.10399755,"alphaLow":-0.20987189,"alphaHigh":0.1891275,"upsideCapture":0.51076607,"downsideCapture":0.64099438,"treynor":0.09734718,"trackingError":0.11426564,"informationRatio":-0.43282112,"upWeeks":35,"downWeeks":27,"treynorReference":0.11318984,"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":"HOLD","lead":"HOLD"},"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":{"HOLD":{"kept":"2026-11-01","distributions":1,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":10,"agree":10},"vendor":{"weeks":62,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.11777007}},"VOO":{"kept":"2026-11-01","distributions":5,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":11,"agree":11},"vendor":{"weeks":62,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.18822798}}}}