{"schemaVersion":1,"ticker":"IVES","asOf":"2026-10-26","desk":"themes","cite":{"publisher":"ETFIQ","page":"https://etfiq.com/funds/ives/","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, IVES against its benchmark, data as of 2026-10-26, https://etfiq.com/funds/ives/"},"benchmark":{"ticker":"VOO","name":"S&P 500 Index","tier":1,"kind":"index","basisOnPage":"total","basisHere":"total"},"kind":"benchmark","a":"IVES","b":"VOO","window":{"from":"2025-06-13","to":"2026-10-23","firstReturn":"2025-06-20","weeklyReturns":71,"years":1.36,"short":true,"weekEnding":"2026-10-25"},"riskFree":{"rate":0.03887507,"perWeek":0.0007475976,"days":341,"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":0.50842593,"b":0.29538795,"edge":"IVES","lead":"IVES"},"annualised":{"a":0.35129436,"b":0.20870695,"edge":"IVES","lead":"IVES"},"price":{"a":0.502331,"b":0.27299233,"edge":"IVES","lead":"IVES"},"volatility":{"a":0.26366032,"b":0.11693965,"edge":"VOO","lead":"VOO"},"downsideDeviation":{"a":0.16785258,"b":0.06749923,"edge":"VOO","lead":"VOO"},"maxDrawdown":{"a":-0.20266916,"b":-0.08377998,"edge":"VOO","lead":"VOO","aPeak":"2025-10-31","aTrough":"2026-03-27","bPeak":"2026-01-09","bTrough":"2026-03-27"},"excess":{"a":0.29721493,"b":0.15772037,"edge":"IVES","lead":"IVES"},"sharpe":{"a":1.12726455,"b":1.348733,"edge":"VOO","lead":"VOO"},"sortino":{"a":1.77069024,"b":2.33662471,"edge":"VOO","lead":"VOO"},"calmar":{"a":1.73333903,"b":2.49113149,"edge":"VOO","lead":"VOO"}},"relative":{"IVES":{"on":"VOO","beta":1.82440204,"r2":0.65474949,"alpha":0.00946956,"alphaT":0.06968667,"alphaLow":-0.26161901,"alphaHigh":0.28055814,"upsideCapture":2.53642968,"downsideCapture":1.54044204,"treynor":0.16291087,"trackingError":0.18246829,"informationRatio":0.76448656,"upWeeks":42,"downWeeks":29,"treynorReference":0.15772037,"edges":{"beta":{"edge":"Higher beta","neutral":true},"r2":{"edge":null,"neutral":true},"alpha":{"edge":"Not significant"},"alphaRange":{"edge":"Includes zero"},"upsideCapture":{"edge":"IVES","lead":"IVES"},"downsideCapture":{"edge":"VOO","lead":"VOO"},"treynor":{"edge":"IVES (slight)","lead":"IVES"},"informationRatio":{"edge":null,"lead":"IVES","note":"one number for the pair: its sign says which side it favours"},"trackingError":{"edge":null,"neutral":true}}}},"sources":{"IVES":{"kept":"2026-10-26","distributions":1,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"vendor":{"weeks":71,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.50842593}},"VOO":{"kept":"2026-10-26","distributions":6,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":7,"agree":7},"vendor":{"weeks":71,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.29538795}}}}