{"schemaVersion":1,"ticker":"KBWD","asOf":"2026-10-30","desk":"core","cite":{"publisher":"ETFIQ","page":"https://etfiq.com/funds/kbwd/","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, KBWD against its benchmark, data as of 2026-10-30, https://etfiq.com/funds/kbwd/"},"benchmark":{"ticker":null,"name":"its own holdings","tier":2,"kind":"holdings","basisOnPage":null,"basisHere":"total"},"stated":{"index":"S&P 500 Index","namedIn":"its shareholder report","status":"priced","via":"VOO","r2":0.2397,"oneYear":{"from":"2025-10-30","to":"2026-10-30","fund":-9.58130224,"ref":12.41511385,"gap":-21.99641609}},"absent":"its benchmark is its own holdings, which has no weekly price series","notMeasured":"own holdings","secondary":{"benchmark":{"ticker":"VOO","name":"S&P 500 Index","namedIn":"its shareholder report","role":"secondary","basisHere":"total"},"kind":"benchmark","a":"KBWD","b":"VOO","window":{"from":"2010-12-10","to":"2026-10-30","firstReturn":"2010-12-17","weeklyReturns":829,"years":15.89,"short":false,"weekEnding":"2026-11-01"},"riskFree":{"rate":0.01619487,"perWeek":0.0003114397,"days":3974,"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":1.07171191,"b":7.12293095,"edge":"VOO","lead":"VOO"},"annualised":{"a":0.04674798,"b":0.14041469,"edge":"VOO","lead":"VOO"},"price":{"a":-0.56764547,"b":5.10553603,"edge":"VOO","lead":"VOO"},"volatility":{"a":0.22722198,"b":0.15960601,"edge":"VOO","lead":"VOO"},"downsideDeviation":{"a":0.16272896,"b":0.10988857,"edge":"VOO","lead":"VOO"},"maxDrawdown":{"a":-0.58120896,"b":-0.31777419,"edge":"VOO","lead":"VOO","aPeak":"2020-02-21","aTrough":"2020-04-03","bPeak":"2020-02-14","bTrough":"2020-03-20"},"excess":{"a":0.05572625,"b":0.12817433,"edge":"VOO","lead":"VOO"},"sharpe":{"a":0.24525028,"b":0.80306707,"edge":"VOO","lead":"VOO"},"sortino":{"a":0.34244828,"b":1.16640279,"edge":"VOO","lead":"VOO"},"calmar":{"a":0.08043231,"b":0.4418694,"edge":"VOO","lead":"VOO"}},"relative":{"KBWD":{"on":"VOO","beta":1.04532468,"r2":0.53913834,"alpha":-0.07825754,"alphaT":-2.01198141,"alphaLow":-0.15460355,"alphaHigh":-0.00191152,"upsideCapture":0.74919786,"downsideCapture":0.99367244,"treynor":0.05330999,"trackingError":0.15442325,"informationRatio":-0.46915264,"upWeeks":486,"downWeeks":342,"treynorReference":0.12817433,"edges":{"beta":{"edge":"Higher beta","neutral":true},"r2":{"edge":null,"neutral":true},"alpha":{"edge":"VOO","lead":"VOO"},"alphaRange":{"edge":null},"upsideCapture":{"edge":"VOO","lead":"VOO"},"downsideCapture":{"edge":"Tie"},"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":{"KBWD":{"kept":"2026-11-01","distributions":192,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[{"ex":"2020-03-23","amount":0.16536,"vendor":0.181831}],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":1,"agree":1},"vendor":{"weeks":829,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":1.07171191}},"VOO":{"kept":"2026-11-01","distributions":64,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[{"ex":"2020-03-10","amount":1.178,"vendor":1.120751}],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":11,"agree":11},"vendor":{"weeks":829,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":7.12293095}}}}}