{"schemaVersion":1,"ticker":"KARS","asOf":"2026-10-26","desk":"themes","cite":{"publisher":"ETFIQ","page":"https://etfiq.com/funds/kars/","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, KARS against its benchmark, data as of 2026-10-26, https://etfiq.com/funds/kars/"},"benchmark":{"ticker":"ACWI","name":"MSCI ACWI Index","tier":1,"kind":"index","basisOnPage":"total","basisHere":"total"},"kind":"benchmark","a":"KARS","b":"ACWI","window":{"from":"2018-01-26","to":"2026-10-23","firstReturn":"2018-02-02","weeklyReturns":456,"years":8.74,"short":false,"weekEnding":"2026-10-25"},"riskFree":{"rate":0.02745101,"perWeek":0.000527904,"days":2186,"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":0.14099949,"b":1.36186828,"edge":"ACWI","lead":"ACWI"},"annualised":{"a":0.01515545,"b":0.10297138,"edge":"ACWI","lead":"ACWI"},"price":{"a":0.00277888,"b":1.0221821,"edge":"ACWI","lead":"ACWI"},"volatility":{"a":0.28950113,"b":0.17300087,"edge":"ACWI","lead":"ACWI"},"downsideDeviation":{"a":0.20283895,"b":0.12205061,"edge":"ACWI","lead":"ACWI"},"maxDrawdown":{"a":-0.63621124,"b":-0.32084971,"edge":"ACWI","lead":"ACWI","aPeak":"2021-11-12","aTrough":"2024-08-09","bPeak":"2020-02-14","bTrough":"2020-03-20"},"excess":{"a":0.02943383,"b":0.08570672,"edge":"ACWI","lead":"ACWI"},"sharpe":{"a":0.10167088,"b":0.49541204,"edge":"ACWI","lead":"ACWI"},"sortino":{"a":0.14510937,"b":0.70222276,"edge":"ACWI","lead":"ACWI"},"calmar":{"a":0.02382141,"b":0.32093338,"edge":"ACWI","lead":"ACWI"}},"relative":{"KARS":{"on":"ACWI","beta":1.30959042,"r2":0.61244494,"alpha":-0.08280686,"alphaT":-1.35589981,"alphaLow":-0.20282479,"alphaHigh":0.03721107,"upsideCapture":1.35887469,"downsideCapture":1.23531062,"treynor":0.0224756,"trackingError":0.18801582,"informationRatio":-0.29929865,"upWeeks":263,"downWeeks":192,"treynorReference":0.08570672,"edges":{"beta":{"edge":"Higher beta","neutral":true},"r2":{"edge":null,"neutral":true},"alpha":{"edge":"Not significant"},"alphaRange":{"edge":"Includes zero"},"upsideCapture":{"edge":"KARS","lead":"KARS"},"downsideCapture":{"edge":"ACWI","lead":"ACWI"},"treynor":{"edge":"ACWI","lead":"ACWI"},"informationRatio":{"edge":null,"lead":"ACWI","note":"one number for the pair: its sign says which side it favours"},"trackingError":{"edge":null,"neutral":true}}}},"sources":{"KARS":{"kept":"2026-10-26","distributions":8,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":8,"agree":8},"vendor":{"weeks":456,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.14099949}},"ACWI":{"kept":"2026-10-26","distributions":18,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"vendor":{"weeks":456,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":1.36186828}}}}