{"schemaVersion":1,"ticker":"IVVM","asOf":"2026-11-09","desk":"core","cite":{"publisher":"ETFIQ","page":"https://etfiq.com/funds/ivvm/","methodology":"https://etfiq.com/methodology/","as_of":"2026-11-09","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, IVVM against its benchmark, data as of 2026-11-09, https://etfiq.com/funds/ivvm/"},"benchmark":{"ticker":"VOO","name":"S&P 500 Index","tier":1,"kind":"index","basisOnPage":"total","basisHere":"total"},"kind":"benchmark","a":"IVVM","b":"VOO","window":{"from":"2023-07-07","to":"2026-11-06","firstReturn":"2023-07-14","weeklyReturns":174,"years":3.33,"short":false,"weekEnding":"2026-11-08"},"riskFree":{"rate":0.04540659,"perWeek":0.0008732036,"days":835,"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":0.49292417,"b":0.74970859,"edge":"VOO","lead":"VOO"},"annualised":{"a":0.12722674,"b":0.18198087,"edge":"VOO","lead":"VOO"},"price":{"a":0.47376804,"b":0.67785252,"edge":"VOO","lead":"VOO"},"volatility":{"a":0.08556016,"b":0.14074142,"edge":"IVVM","lead":"IVVM"},"downsideDeviation":{"a":0.05721824,"b":0.09135747,"edge":"IVVM","lead":"IVVM"},"maxDrawdown":{"a":-0.09992168,"b":-0.1668507,"edge":"IVVM","lead":"IVVM","aPeak":"2025-02-14","aTrough":"2025-04-04","bPeak":"2025-02-14","bTrough":"2025-04-04"},"excess":{"a":0.07814335,"b":0.13191022,"edge":"VOO","lead":"VOO"},"sharpe":{"a":0.91331469,"b":0.93725233,"edge":"VOO (slight)","lead":"VOO"},"sortino":{"a":1.36570701,"b":1.44389088,"edge":"VOO (slight)","lead":"VOO"},"calmar":{"a":1.27326457,"b":1.09068087,"edge":"IVVM","lead":"IVVM"}},"relative":{"IVVM":{"on":"VOO","beta":0.58867061,"r2":0.93766006,"alpha":0.00049168,"alphaT":0.04162754,"alphaLow":-0.02282216,"alphaHigh":0.02380552,"upsideCapture":0.49172414,"downsideCapture":0.61211177,"treynor":0.13274546,"trackingError":0.06170688,"informationRatio":-0.87132701,"upWeeks":102,"downWeeks":72,"treynorReference":0.13191022,"edges":{"beta":{"edge":"Lower beta","neutral":true},"r2":{"edge":"Good fit","neutral":true},"alpha":{"edge":"Not significant"},"alphaRange":{"edge":"Includes zero"},"upsideCapture":{"edge":"VOO","lead":"VOO"},"downsideCapture":{"edge":"IVVM","lead":"IVVM"},"treynor":{"edge":"Tie"},"informationRatio":{"edge":null,"lead":"VOO","note":"one number for the pair: its sign says which side it favours"},"trackingError":{"edge":null,"neutral":true}}}},"sources":{"IVVM":{"kept":"2026-11-10","distributions":2,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"vendor":{"weeks":174,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.49292417}},"VOO":{"kept":"2026-11-10","distributions":13,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":16,"agree":16},"vendor":{"weeks":174,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.74970859}}}}